Global Domains International (GDI) offers several account types tailored to different trading needs and profiles. Below is an overview of the available account types:
| Account Type | Minimum Deposit | Spread/Commission Structure | Leverage Options | Key Features | Target User Profile | Trading Instruments Available |
|---|---|---|---|---|---|---|
| Standard | $10 | Fixed spreads starting at 10 pips | Up to 1:1000 | Basic features, suitable for beginners | Beginners | Forex, CFDs |
| ECN | $100 | Variable spreads from 0.1 pips + commission | Up to 1:500 | Direct market access, lower spreads | Intermediate to advanced traders | Forex, commodities |
| Pro | $500 | Variable spreads from 0.0 pips + commission | Up to 1:200 | Advanced trading tools, higher leverage | Advanced traders | Forex, commodities, indices |
| Islamic | $100 | Similar to Standard account, no swap fees | Up to 1:500 | Swap-free, compliant with Sharia law | Muslim traders | Forex, CFDs |
| Demo | Free | N/A | N/A | Practice trading without risk | Beginners | Forex, CFDs |
When considering GDI account types, it's essential to compare their features:
Minimum Deposit:
Standard: $10
ECN: $100
Pro: $500
Islamic: $100
Demo: Free
Maximum Leverage:
Standard: Up to 1:1000
ECN: Up to 1:500
Pro: Up to 1:200
Islamic: Up to 1:500
Demo: N/A
Spreads:
Standard: Fixed starting at 10 pips
ECN: Variable from 0.1 pips
Pro: Variable from 0.0 pips
Islamic: Similar to Standard
Demo: N/A
Commission Fees:
Standard: None
ECN: Yes, varies
Pro: Yes, varies
Islamic: None
Demo: N/A
Lot Size:
Standard: Micro and Mini
ECN: Micro, Mini, and Standard
Pro: Mini and Standard
Islamic: Micro and Mini
Demo: N/A
Available Trading Platforms:
Standard: MT4
ECN: MT4, MT5
Pro: MT4, MT5
Islamic: MT4
Demo: MT4
Execution Type:
Standard: Market
ECN: ECN
Pro: ECN
Islamic: Market
Demo: N/A
Islamic Account Availability: Yes for Islamic accounts.
Swap-Free Options: Available for Islamic accounts.
Demo Account Features: Practice trading with virtual funds.
Standard Account:
ECN Account:
Pro Account:
Islamic Account:
Demo Account:
To open a GDI account, you must meet the following eligibility criteria:
GDI adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. This involves verifying your identity and ensuring that your funds are from legitimate sources.
Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
The registration process is similar on both desktop and mobile platforms, although the mobile interface may have a simplified layout.
Typically, account approval takes between 1-3 business days.
You can request an upgrade or downgrade of your account type through the GDI customer support portal. Ensure you meet the minimum deposit requirements for the new account type.
The GDI demo account allows traders to practice trading without financial risk.
Demo Account Features and Benefits:
Access to the same trading platform as live accounts.
Practice trading strategies with virtual funds.
How to Open a Demo Account:
Visit the GDI website and select the demo account option.
Fill in the required information to create your demo account.
Demo Account Limitations:
Limited duration (typically 30 days).
Virtual funds cannot be withdrawn.
Virtual Balance Amount: Usually set at $10,000 in virtual funds.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money.
Live accounts may have different trading conditions.
Duration/Expiry of Demo Accounts: Demo accounts typically expire after a set period, usually 30 days, unless extended by GDI.
GDI offers Islamic accounts that comply with Sharia law.
Explore broker markets account types: forex/trading accounts with demo access.