GdP Account Types

GdP offers various types of trading accounts tailored to meet the needs of different traders. The account types include:

• Standard Account: This is the most common account type, suitable for experienced traders who can handle larger trades and higher levels of risk. It allows trading in standard lots (100,000 units of currency).

• Mini Account: Ideal for beginners or those wanting to test the waters, this account allows trading in mini lots (10,000 units of currency), providing a lower-risk entry point.

• Micro Account: Designed for complete novices, this account allows trading in micro lots (1,000 units of currency), minimizing risk while learning the ropes.

• ECN Account: This account provides direct access to the market, allowing traders to connect with other market participants, including banks. It is known for transparency and low spreads but requires a higher level of trading expertise.

• Managed Account: For those preferring a hands-off approach, a professional trader manages this account, making trading decisions on behalf of the investor.

GdP Broker Account Opening Process

Opening a trading account with GdP involves several straightforward steps:

• Choose Your Account Type: Decide which type of account suits your trading style and risk tolerance.

• Gather Required Documents: You will need to provide proof of identity (government-issued ID), proof of address (utility bill or bank statement), and possibly financial information regarding your income and trading experience.

• Complete the Application: Visit GdP's website and fill out the online application form with your personal information, account type selection, and login details.

• Submit Your Documents: Upload the required documents for verification. The approval process may take a few hours to a few days, depending on the broker's procedures.

• Fund Your Account: Once your application is approved, fund your account through various methods such as bank transfer or credit card, depending on the brokers offerings.

• Start Trading: After funding your account, you can begin trading. It is advisable to explore the trading platform and consider practicing with a demo account before trading with real money.