GAIN Capital broker Accounts

gain capital Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

gain capital Account Types Explained

GAIN Capital offers several account types tailored to meet the diverse needs of traders, from beginners to seasoned professionals. Below is a detailed overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Competitive spreads, no commission fees.
• Leverage Options: Up to 1:200.
• Key Features: Access to basic trading tools, educational resources, and customer support.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex pairs, commodities, indices.

2. Pro Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tighter spreads with a commission of $7 per $100k traded.
• Leverage Options: Up to 1:400.
• Key Features: Advanced trading tools, premium customer support, and research resources.
• Target User Profile: Experienced traders seeking better trading conditions.
• Trading Instruments Available: Forex pairs, commodities, indices, and cryptocurrencies.

3. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account, swap-free.
• Leverage Options: Up to 1:200.
• Key Features: Complies with Shariah law, no interest on overnight positions.
• Target User Profile: Muslim traders adhering to Islamic finance principles.
• Trading Instruments Available: Forex pairs, commodities, indices.

4. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Reflects real market conditions.
• Leverage Options: Up to 1:200.
• Key Features: Practice trading without risk, access to all trading tools.
• Target User Profile: Beginners looking to practice and refine their trading skills.
• Trading Instruments Available: Same as live accounts.

Detailed gain capital Account Features

Account Features Comparison

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit.
• No commission fees.
• Suitable for beginners.
• Disadvantages:
• Limited advanced features.
• Higher spreads compared to Pro Account.

Pro Account

• Advantages:
• Tighter spreads.
• Higher leverage options.
• Access to premium tools and support.
• Disadvantages:
• Higher minimum deposit.
• Commission fees apply.

Islamic Account

• Advantages:
• Complies with Shariah law.
• No interest fees.
• Disadvantages:
• Limited availability of features compared to Pro Account.

Demo Account

• Advantages:
• Risk-free trading environment.
• Access to all trading tools.
• Disadvantages:
• Virtual funds only.
• Limited duration of use.

gain capital Account Registration Requirements

Eligibility Criteria

• Age Requirements: Minimum age of 18 years.
• Geographic Restrictions: Available to residents of most countries, but specific restrictions may apply.
• Prohibited Countries: Countries under sanctions or restrictions by the U.S. government.
• Identity Verification Documents Needed:
• Valid government-issued photo ID (passport or drivers license).
• Social Security Number or equivalent.
• Proof of Residence Requirements:
• Recent utility bill or bank statement showing the current address.
• Additional Documentation for Professional Accounts:
• Business registration documents for corporate accounts.

KYC/AML Compliance Procedures

• GAIN Capital adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and residence.

Verification Time Frames

• Account verification typically takes 24 to 48 hours, depending on the completeness of submitted documents.

Step-by-Step gain capital Account Opening Guide

1. Visit Website and Click Registration: Navigate to the GAIN Capital website and select the account type you wish to open.
2. Personal Information Entry: Fill in personal details such as name, address, and date of birth.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload required identification and proof of residence documents.
6. Account Verification: Wait for the account to be verified by GAIN Capital.
7. Fund Your Account: Deposit the minimum required amount to activate your trading account.
8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with mobile registration optimized for ease of use.

Common Registration Issues and Solutions

• Issue: Document verification delays.
• Solution: Ensure all documents are clear and up-to-date.
• Issue: Incorrect personal information.
• Solution: Double-check entries before submission.

Average Account Approval Time

• The average account approval time is between 24 to 48 hours.

How to Upgrade/Downgrade Account Types

• Contact GAIN Capitals customer support to request an upgrade or downgrade of your account type.

gain capital Demo Account Guide

Demo Account Features and Benefits

• The demo account allows traders to practice with virtual funds in real market conditions, providing a risk-free environment to develop trading skills.

How to Open a Demo Account

• Visit the GAIN Capital website and select the option to open a demo account. Fill out the necessary information and submit.

Demo Account Limitations

• The demo account may have a limited duration and virtual balance.

Virtual Balance Amount

• The virtual balance typically starts at $10,000, but this can vary.

Demo vs Live Account Differences

• The demo account uses virtual funds and does not involve real financial risk, while the live account involves real money trading.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after a set period, often 30 days, unless extended.

gain capital Islamic Account Details

Swap-free/Islamic Account Availability

• GAIN Capital offers an Islamic account that complies with Shariah law, allowing for trading without interest.

Eligibility Requirements

• Traders must declare their need for an Islamic account during the registration process.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees for overnight positions, unlike standard accounts.

How to Apply for Islamic Account

• Select the Islamic account option during the account registration process and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, including limits on certain trading strategies.

FAQs – gain capital Account Types & Opening

1. What account types does gain capital offer？

• GAIN Capital offers Standard, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard Account: $100, Pro Account: $500, Islamic Account: $100, Demo Account: N/A.

1. How long does gain capital account verification take？

• Account verification typically takes 24 to 48 hours.

1. Does gain capital offer demo accounts？

• Yes, GAIN Capital offers demo accounts for practice trading.

1. Can I have multiple account types with gain capital？

• Yes, you can open multiple account types as needed.

1. Does gain capital offer Islamic/swap-free accounts？

• Yes, GAIN Capital provides Islamic accounts that are swap-free.

1. What documents do I need to open a gain capital account？

• A valid government-issued photo ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.