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

gelios Account Types Explained

Gelios offers a variety of account types tailored to meet the diverse needs of traders. Below is a detailed overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: $300
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: Access to a wide range of trading instruments, including forex, commodities, and cryptocurrencies.
• Target User Profile: Beginners and retail traders.
• Trading Instruments Available: Forex pairs, commodities, and cryptocurrencies.

2. ECN Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Raw spreads starting from 0.0 pips with a commission of $3 per lot.
• Leverage Options: Up to 1:200
• Key Features: Direct market access with lower spreads, ideal for high-frequency traders.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex pairs, commodities, and indices.

3. Pro Account

• Minimum Deposit Requirement: $5,000
• Spread/Commission Structure: Variable spreads starting from 1.0 pip with a lower commission.
• Leverage Options: Up to 1:300
• Key Features: Enhanced trading conditions, priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex pairs, commodities, indices, and cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $300 (same as Standard)
• Spread/Commission Structure: Similar to Standard account but swap-free.
• Leverage Options: Up to 1:500
• Key Features: Complies with Islamic finance principles, no swap fees.
• Target User Profile: Muslim traders adhering to Sharia law.
• Trading Instruments Available: Forex pairs, commodities, and cryptocurrencies.

5. Demo Account

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

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed gelios Account Features

Comparison of Features Across Different Account Types

Advantages of Each Account Type

• Standard Account: Easy to open, suitable for beginners, no commission fees.
• ECN Account: Lower spreads, direct market access, suitable for high-frequency trading.
• Pro Account: Enhanced trading conditions, priority support, suitable for professional traders.
• Islamic Account: Complies with Islamic finance principles, no swap fees.
• Demo Account: Risk-free trading environment, practice strategies without financial risk.

Disadvantages of Each Account Type

• Standard Account: Higher spreads compared to ECN.
• ECN Account: Requires a higher minimum deposit, commission fees apply.
• Pro Account: High minimum deposit may not be accessible for all traders.
• Islamic Account: Limited to Muslim traders only.
• Demo Account: Limited duration and virtual funds do not reflect real trading conditions.

gelios Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Not available in certain countries (specific countries not listed).
• Prohibited Countries: Specific countries may be restricted based on regulatory compliance (details not provided).
• Identity Verification Documents Needed: Government-issued ID (passport or drivers license).
• Proof of Residence Requirements: Utility bill or bank statement with the applicant's name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks as part of the registration process.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the volume of applications.

Step-by-Step gelios Account Opening Guide

Registration Process

1. Visit Website: Go to the Gelios website.
2. Click Registration: Click on the "Sign Up" or "Register" button.
3. Personal Information Entry: Fill in your first name, last name, email address, and phone number.
4. Choose Account Type: Select your preferred account type (Standard, ECN, Pro, etc.).
5. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
6. Document Upload: Upload required identification and proof of residence documents.
7. Account Verification: Wait for verification, which can take 1-3 business days.
8. Fund Your Account: Deposit the minimum required amount to start trading.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but the mobile interface may have simplified navigation.

Common Registration Issues and Solutions

• Issue: Delay in verification.
• Solution: Contact customer support for assistance.
• Issue: Document upload errors.
• Solution: Ensure documents are clear and meet the required format.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Log into your account, navigate to account settings, and select the option to change your account type. Follow the prompts to complete the upgrade or downgrade process.

gelios Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies.
• Access to the same trading platform and instruments as live accounts.
• Ideal for beginners to learn trading without financial risk.

How to Open a Demo Account

• Follow the same registration process as for a live account, selecting the demo account option.

Demo Account Limitations

• Limited duration (typically 30 days) and virtual funds do not reflect real trading conditions.

Virtual Balance Amount

• Standard virtual balance is typically set at $10,000.

Demo vs Live Account Differences

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

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days of inactivity.

gelios Islamic Account Details

Swap-Free/Islamic Account Availability

• Gelios offers an Islamic account option that is swap-free and complies with Islamic finance principles.

Eligibility Requirements

• Must be a Muslim trader adhering to Sharia law.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them compliant with Islamic finance.

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 limitations compared to standard accounts.

FAQs – gelios Account Types & Opening

1. What account types does gelios offer？

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

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

• Standard: $300, ECN: $1,000, Pro: $5,000, Islamic: $300, Demo: Virtual balance.

1. How long does gelios account verification take？

• Verification typically takes 1-3 business days.

1. Does gelios offer demo accounts？

• Yes, gelios provides demo accounts for practice trading.

1. Can I have multiple account types with gelios？

• Yes, you can open multiple accounts, but each account must meet the minimum deposit requirements.

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

• Yes, gelios offers Islamic accounts that are swap-free.

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

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

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