gea Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: gea Account Types Overview
gea Account Types Explained
GEA offers several account types tailored to different trading needs and experience levels. Below is a breakdown of the available account types:
- 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: Access to all trading instruments, suitable for beginners
- Target User Profile: Beginners and retail traders
- Trading Instruments Available: Forex, commodities, indices
- ECN Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Raw spreads from 0.0 pips, commission of $3 per lot
- Leverage Options: Up to 1:200
- Key Features: Direct market access, lower spreads, suitable for scalping
- Target User Profile: Experienced traders and scalpers
- Trading Instruments Available: Forex, commodities, cryptocurrencies
- Pro Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Variable spreads starting from 0.5 pips, commission of $2 per lot
- Leverage Options: Up to 1:300
- Key Features: Advanced trading tools, priority customer support
- Target User Profile: Professional traders and institutions
- Trading Instruments Available: Forex, commodities, indices, stocks
- Islamic Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Similar to Standard Account, no swap fees
- Leverage Options: Up to 1:500
- Key Features: Compliant with Sharia law, no interest fees
- Target User Profile: Muslim traders
- Trading Instruments Available: Forex, commodities, indices
- Demo Account
- Minimum Deposit Requirement: N/A (virtual funds)
- Spread/Commission Structure: Same as Standard Account
- Leverage Options: Up to 1:500
- Key Features: Risk-free trading environment, practice trading 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
- Intermediate Traders: Pro Account
- Advanced Traders: ECN Account
- Muslim Traders: Islamic Account
- Practice Traders: Demo Account
Part 2: gea Account Features Comparison
Detailed gea Account Features
When comparing the features of different gea account types, the following aspects are considered:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: N/A
Maximum Leverage:
Standard: Up to 1:500
ECN: Up to 1:200
Pro: Up to 1:300
Islamic: Up to 1:500
Demo: Up to 1:500
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.0 pips
Pro: From 0.5 pips
Islamic: From 1.0 pips
Demo: Same as Standard
Commission Fees:
Standard: None
ECN: $3 per lot
Pro: $2 per lot
Islamic: None
Demo: 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:
Standard: MT4, MT5
ECN: MT4, MT5
Pro: MT4, MT5
Islamic: MT4, MT5
Demo: MT4, MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Demo: Market
Islamic Account Availability:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: No
Swap-Free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: N/A
Demo Account Features:
Virtual balance amount: $100,000
Duration/expiry: 30 days (can be renewed)
Advantages of Each Account Type
-
Standard Account:
Low minimum deposit
No commission fees
Beginner-friendly environment
ECN Account:
Tight spreads
Direct market access
Suitable for high-frequency trading
Pro Account:
Advanced trading tools
Lower commission fees
Priority support
Islamic Account:
Compliance with Sharia law
No interest fees
Suitable for Muslim traders
Demo Account:
Risk-free environment
Ability to practice strategies
Access to all trading instruments
Disadvantages of Each Account Type
-
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees apply
Pro Account:
Higher minimum deposit
Commission fees apply
Islamic Account:
Limited availability for non-Muslim traders
Higher spreads compared to Standard
Demo Account:
Limited duration
No real profit potential
Part 3: gea Account Opening Requirements
gea Account Registration Requirements
To open a gea account, the following eligibility criteria must be met:
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Availability may vary by region; check local regulations.
- Prohibited Countries: Specific countries may be restricted; refer to the gea website for details.
- Identity Verification Documents Needed:
- Government-issued ID (passport or driver's license)
- Proof of income (payslip or bank statement)
- Proof of Residence Requirements:
- Recent utility bill or bank statement with your name and address
- Additional Documentation for Professional Accounts: May include business registration documents and financial statements.
KYC/AML Compliance Procedures
- GEA adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and source of funds.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of the submitted documentation.
Part 4: gea Account Opening Process
Step-by-Step gea Account Opening Guide
- Visit Website and Click Registration: Go to the official GEA website and find the account registration section.
- Personal Information Entry: Fill in personal details such as name, email, and phone number.
- Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
- Set Trading Preferences: Specify trading preferences, including leverage and trading instruments.
- Document Upload: Upload required identification and proof of residence documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit the minimum required amount to activate your account.
- Start Trading: Access the trading platform and begin trading.
Desktop vs Mobile Registration Differences
- Registration processes are similar on both desktop and mobile platforms, but mobile may have a more streamlined interface.
Common Registration Issues and Solutions
-
Issue: Document upload failure
Solution: Ensure documents are in the correct format and within size limits.
Issue: Verification delays
Solution: Contact customer support for assistance.
Average Account Approval Time
- The average account approval time is 1-3 business days.
How to Upgrade/Downgrade Account Types
- Account types can be changed by contacting customer support and providing necessary documentation for the new account type.
gea Demo Account Guide
-
Demo Account Features and Benefits:
Access to a virtual trading environment
Practice trading strategies without risk
Use of all trading instruments
How to Open a Demo Account:
Follow the registration process and select the demo account option.
Demo Account Limitations:
Limited duration of 30 days
No real profits can be earned
Virtual Balance Amount:
Typically $100,000 in virtual funds
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts require real money deposits.
Duration/Expiry of Demo Accounts:
Demo accounts expire after 30 days but can be renewed.
Part 6: gea Islamic Account Details
gea Islamic Account Details
-
Swap-Free/Islamic Account Availability:
GEA offers Islamic accounts that comply with Sharia law.
Eligibility Requirements:
Must be a Muslim trader.
Differences from Standard Accounts:
No swap fees applied.
How to Apply for Islamic Account:
Select the Islamic account option during registration.
Restrictions or Special Conditions:
Must adhere to Islamic finance principles.
FAQs – gea Account Types & Opening
- What account types does gea offer?
- GEA offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.
- How long does gea account verification take?
- Verification typically takes 1-3 business days.
- Does gea offer demo accounts?
- Yes, GEA offers demo accounts with virtual funds.
- Can I have multiple account types with gea?
- Yes, you can have multiple accounts.
- Does gea offer Islamic/swap-free accounts?
- Yes, GEA provides Islamic accounts that are swap-free.
- What documents do I need to open a gea account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, you can change your account type by contacting customer support.
GEA accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .