GBCM broker Accounts

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

gbcm Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips, no commission.
• Leverage Options: Up to 1:500.
• Key Features: Ideal for beginners, offers access to a wide range of trading instruments.
• Target User Profile: Beginners and retail traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Spreads from 0.0 pips with a commission of $3 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, suitable for scalpers and high-frequency traders.
• Target User Profile: Advanced and professional traders.
• Trading Instruments Available: Forex, commodities, indices.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 0.1 pips with a commission of $2 per lot.
• Leverage Options: Up to 1:100.
• Key Features: Enhanced trading conditions, priority support, and advanced trading tools.
• Target User Profile: Experienced traders and institutional clients.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard accounts, no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Compliant with Sharia law, no interest fees.
• Target User Profile: Muslim traders seeking halal trading options.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000).
• Spread/Commission Structure: Same as Standard account.
• Leverage Options: Same as Standard account.
• Key Features: Risk-free trading environment, practice strategies.
• Target User Profile: Beginners and those testing new strategies.
• Trading Instruments Available: Same as Standard account.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account

Detailed gbcm Account Features

Comparison of Features Across Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual funds

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:100

• Islamic: Up to 1:500

• Spreads:

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: From 0.1 pips

• Islamic: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3/lot

• Pro: $2/lot

• Islamic: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• All accounts: MT4, MT5

• Pro: Proprietary platform available

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Islamic Account Availability: Yes for Islamic accounts.

• Swap-Free Options: Available for Islamic accounts.

• Demo Account Features: Access to all trading instruments, same conditions as Standard account.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• No commission fees.

• Wide range of instruments.

• Suitable for beginners.

• ECN Account:

• Tight spreads.

• Direct market access.

• Ideal for scalpers.

• Advanced trading conditions.

• Pro Account:

• Enhanced trading features.

• Lower commission fees.

• Priority customer support.

• Suitable for professional traders.

• Islamic Account:

• Complies with Sharia law.

• No interest charges.

• Accessible to all trading instruments.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading environment.

• Practice without financial risk.

• Access to all trading features.

• Ideal for testing strategies.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees may add up for frequent traders.

• Pro Account:

• High minimum deposit.

• Not suitable for beginners.

• Islamic Account:

• Limited to specific trading conditions.

• May have restrictions on certain instruments.

• Demo Account:

• Limited duration.

• Virtual funds do not reflect real market conditions.

gbcm Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available globally, but specific countries may be restricted.
• Prohibited Countries: Countries under international sanctions may be restricted.

Identity Verification Documents Needed

• Valid government-issued ID (passport or driver's license).
• Proof of residence (utility bill or bank statement).

Additional Documentation for Professional Accounts

• Proof of trading experience or financial status may be required.

KYC/AML Compliance Procedures

• All clients must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

Verification Time Frames

• Account verification typically takes 1-3 business days.

Step-by-Step gbcm Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Go to the gbcm website and select the registration option.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type from the options available.
4. Set Trading Preferences: Indicate trading preferences and risk tolerance.
5. Document Upload: Upload required verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit funds into your account using preferred payment methods.
8. Start Trading: Access your account and begin trading.

Desktop vs Mobile Registration Differences

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

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of account types.

gbcm Demo Account Guide

Demo Account Features and Benefits

• Access to all trading instruments.
• Risk-free environment to practice trading strategies.
• Virtual balance typically set at $10,000.

How to Open a Demo Account

• Select the demo account option on the gbcm website and complete the registration process.

Demo Account Limitations

• Limited duration (usually 30 days).
• Virtual funds do not reflect real market conditions.

Virtual Balance Amount

• Typically set at $10,000 for practice trading.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.

Duration/Expiry of Demo Accounts

• Demo accounts generally expire after 30 days of inactivity.

gbcm Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, gbcm offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must be a Muslim trader seeking halal trading options.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and are structured to comply with Islamic finance principles.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions and restrictions on certain instruments.

FAQs – gbcm Account Types & Opening

1. What account types does gbcm offer？

• gbcm offers 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 gbcm account verification take？

• Account verification typically takes 1-3 business days.

1. Does gbcm offer demo accounts？

• Yes, gbcm offers demo accounts for practice trading.

1. Can I have multiple account types with gbcm？

• Yes, clients can hold multiple account types.

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

• Yes, gbcm offers Islamic accounts that comply with Sharia law.

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

• A valid government-issued 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.