GAM broker Accounts

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

Part 1: gam Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features: Basic trading tools, access to major currency pairs
• Target User Profile: Beginner to intermediate traders
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spreads starting from 0.1 pips + commission
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spreads starting from 0.5 pips + lower commission
• Leverage Options: Up to 1:100
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, stocks

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: No swap fees, compliant with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:500
• Key Features: Risk-free trading environment, practice strategies
• Target User Profile: Beginners and traders testing strategies
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate: Standard Account, ECN Account
• Advanced: ECN Account, Pro Account
• Professional: Pro Account

Part 2: Detailed gam Account Features

Feature Comparison Across Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual funds

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:100

• Islamic: 1:500

• Demo: 1:500

• Spreads:

• Standard: From 1.0 pips

• ECN: From 0.1 pips

• Pro: From 0.5 pips

• Islamic: Same as Standard

• Commission Fees:

• Standard: None

• ECN: Yes, based on trade volume

• Pro: Lower commission compared to ECN

• Islamic: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Standard

• Islamic: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5, Proprietary

• Islamic: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Instant

• Islamic: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Swap-Free Options:

• Available for Islamic accounts only.

• Demo Account Features:

• Virtual balance for practice, access to all trading instruments.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly for beginners

• Access to a wide range of instruments

• ECN Account:

• Low spreads for cost-effective trading

• Fast execution speeds

• Suitable for high-frequency trading

• Pro Account:

• Advanced trading tools

• Lower commission rates

• Priority customer support

• Islamic Account:

• Compliant with Sharia law

• No swap fees

• Available for all trading instruments

• Demo Account:

• Risk-free trading environment

• Practice strategies without financial risk

• Access to all features of live accounts

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees may apply

• Pro Account:

• High minimum deposit

• May not be suitable for beginners

• Islamic Account:

• Limited availability in some regions

• May have restrictions on certain trading strategies

• Demo Account:

• Limited duration

• No real profit potential

Part 3: gam Account Registration Requirements

Eligibility Criteria

• Age Requirements: Minimum age of 18 years.
• Geographic Restrictions: Not available in certain jurisdictions (specific countries may vary).
• Prohibited Countries: Countries under international sanctions or restrictions.

Identity Verification Documents Needed

• Government-issued ID (passport or national ID)
• Proof of residence (utility bill, bank statement)

Additional Documentation for Professional Accounts

• Financial statements
• Proof of trading experience (if applicable)

KYC/AML Compliance Procedures

• Completion of identity verification
• Submission of required documents
• Compliance with Anti-Money Laundering regulations

Verification Time Frames

• Typically takes 1-3 business days for account verification.

Part 4: Step-by-Step gam Account Opening Guide

Registration Process

1. Visit Website: Go to the official gam website.
2. Click Registration: Click on the "Register" button.
3. Personal Information Entry: Fill in personal details (name, email, phone number).
4. Choose Account Type: Select the desired account type (Standard, ECN, etc.).
5. Set Trading Preferences: Specify leverage and trading preferences.
6. Document Upload: Upload required identity verification documents.
7. Account Verification: Wait for the account to be verified.
8. Fund Your Account: Deposit funds to start trading.
9. Start Trading: Access your account and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile may have a simplified interface.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and meet the specified requirements.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically 1-3 business days.

How to Upgrade/Downgrade Account Types

• Log in to your account, navigate to account settings, and select the option to upgrade or downgrade.

Part 5: gam Demo Account Guide

Demo Account Features and Benefits

• Access to all trading instruments
• Risk-free environment to practice trading strategies
• Virtual balance for testing

How to Open a Demo Account

• Follow the same registration process and select "Demo Account" during account type selection.

Demo Account Limitations

• Limited duration (usually 30 days).
• No real financial gains.

Virtual Balance Amount

• Typically $10,000 in virtual funds.

Demo vs Live Account Differences

• Demo accounts use virtual funds; live accounts involve real money.

Duration/Expiry of Demo Accounts

• Usually expires after 30 days, but can be extended based on broker policies.

Part 6: gam Islamic Account Details

Swap-Free/Islamic Account Availability

• Available for Standard, ECN, and Pro accounts.

Eligibility Requirements

• Must be a practicing Muslim.

Differences from Standard Accounts

• No swap fees applied.

How to Apply for Islamic Account

• Select "Islamic Account" option during registration or contact customer support.

Restrictions or Special Conditions

• Must adhere to Sharia law in trading practices.

FAQs – gam Account Types & Opening

1. What account types does gam offer？

• Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: Virtual funds.

1. How long does gam account verification take？

• Typically 1-3 business days.

1. Does gam offer demo accounts？

• Yes, gam offers demo accounts for practice.

1. Can I have multiple account types with gam？

• Yes, you can have multiple accounts.

1. Does gam offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available.

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

• Government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, you can upgrade or downgrade your account type through account settings.