Search

Rating Index

Pros

Offers access to a range of financial instruments, including forex, CFDs, commodities, and indices.
User-friendly platform designed for a variety of trading needs.
Positive customer feedback regarding software performance and support.

Cons

Lacks proper regulation, which may raise concerns for potential traders.
Not utilizing popular trading platforms like MT4 or MT5, limiting options for traders accustomed to these systems.
No insurance for client funds, increasing risk exposure for users.

GENERAL SOFTWARES broker Accounts

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

Part 1: general softwares Account Types Overview

general softwares Account Types Explained

When considering trading with general softwares, it's essential to understand the various account types available. Each type caters to different trading needs and profiles.

Account Type Minimum Deposit Spread/Commission Structure Leverage Options Key Features Target User Profile Trading Instruments Available
Standard $100 Variable spreads, no commission Up to 1:500 User-friendly, suitable for beginners Beginners Forex, commodities, indices
ECN $500 Tight spreads, commission per trade Up to 1:200 Direct market access, lower latency Advanced traders Forex, cryptocurrencies, stocks
Pro $1,000 Low spreads, commission-based Up to 1:100 Advanced tools, priority support Professional traders Forex, commodities, indices
Islamic $500 Variable spreads, no swap fees Up to 1:200 Swap-free, compliant with Sharia law Muslim traders Forex, commodities, indices
Demo Free N/A N/A Practice trading without risk All levels Forex, commodities, indices

  • Beginners: Standard Account
  • Intermediate Traders: ECN Account
  • Advanced Traders: Pro Account
  • Muslim Traders: Islamic Account
  • All Levels for Practice: Demo Account

Part 2: general softwares Account Features Comparison

Detailed general softwares Account Features

When comparing the features of different general softwares account types, several key elements stand out:

Feature Standard ECN Pro Islamic Demo
Minimum Deposit $100 $500 $1,000 $500 Free
Maximum Leverage 1:500 1:200 1:100 1:200 N/A
Spreads Variable Tight Low Variable N/A
Commission Fees None Yes Yes None N/A
Lot Size Standard Micro Standard Standard N/A
Available Platforms MT4, MT5 MT4, MT5 Proprietary MT4, MT5 MT4, MT5
Execution Type Market ECN Market Market N/A
Islamic Account No No No Yes N/A
Swap-Free Options No No No Yes N/A
Demo Account Features No No No No Yes

Advantages of Each Account Type

  • Standard Account:

  • User-friendly interface

  • No commission fees

  • Suitable for beginners

  • Access to a wide range of instruments

  • ECN Account:

  • Direct market access

  • Tight spreads

  • Ideal for scalpers and high-frequency traders

  • Advanced trading tools

  • Pro Account:

  • Low commission structure

  • Advanced analytics and tools

  • Priority customer support

  • Suitable for professional traders

  • Islamic Account:

  • Compliant with Sharia law

  • No swap fees

  • Suitable for Muslim traders

  • Access to various trading instruments

  • Demo Account:

  • Risk-free trading environment

  • Practice strategies without financial risk

  • Access to all trading instruments

  • Ideal for beginners and testing new strategies

Disadvantages of Each Account Type

  • Standard Account:

  • Higher spreads compared to ECN

  • Limited advanced features

  • ECN Account:

  • Requires a higher minimum deposit

  • Commission fees can add up

  • Pro Account:

  • Higher minimum deposit requirement

  • More complex for beginners

  • Islamic Account:

  • Limited availability in some regions

  • May have higher spreads

  • Demo Account:

  • No real financial gains

  • Limited to practice trading

Part 3: general softwares Account Opening Requirements

general softwares Account Registration Requirements

To open an account with general softwares, you must meet specific eligibility criteria:

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Availability may vary by country.
  • Prohibited Countries: Certain regions may be restricted (specific countries not listed).
  • Identity Verification Documents Needed:
  • Government-issued ID (passport or driver's license)
  • Social Security Number (for U.S. residents)
  • Proof of Residence Requirements: Utility bill or bank statement dated within the last three months.
  • Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

  • Verification of identity and address is mandatory.
  • Compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

Verification Time Frames

  • Account verification typically takes between 1 to 3 business days, depending on the completeness of submitted documents.

Part 4: general softwares Account Opening Process

Step-by-Step general softwares Account Opening Guide

To register for a general softwares account, follow these steps:

  1. Visit the Website: Go to the general softwares official website.
  2. Click Registration: Find and click on the "Register" button.
  3. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
  4. Choose Account Type: Select the account type that suits your trading needs.
  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 the verification process to complete.
  8. Fund Your Account: Deposit the minimum required amount to activate your account.
  9. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

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

Common Registration Issues and Solutions

  • Document Rejection: Ensure documents are clear and meet requirements.
  • Email Verification Issues: Check spam/junk folders if the verification email is not received.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

  • Log in to your account and navigate to the account settings to request an upgrade or downgrade.

Part 5: general softwares Demo Account Information

general softwares Demo Account Guide

Demo Account Features and Benefits

  • Allows for risk-free practice trading.
  • Access to all trading instruments available in live accounts.
  • Ideal for testing strategies and familiarizing with the trading platform.

How to Open a Demo Account

  • Follow the same registration process but select "Demo Account" during account type selection.

Demo Account Limitations

  • No real financial gains can be made.
  • May have limited features compared to live accounts.

Virtual Balance Amount

  • Typically, demo accounts come with a virtual balance of $100,000.

Demo vs Live Account Differences

  • Demo accounts use virtual funds, while live accounts involve real money trading.

Duration/Expiry of Demo Accounts

  • Demo accounts usually remain active for 30 days, but this can vary by provider.

Part 6: general softwares Islamic Account Details

general softwares Islamic Account Details

Swap-Free/Islamic Account Availability

  • Islamic accounts are available for traders who require compliance with Sharia law.

Eligibility Requirements

  • Must provide documentation confirming Muslim status.

Differences from Standard Accounts

  • Islamic accounts do not incur swap fees, making them compliant 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, including higher spreads.

FAQs – general softwares Account Types & Opening

  1. What account types does general softwares offer?
  • General softwares 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: $500, Demo: Free.
  1. How long does general softwares account verification take?
  • Verification typically takes 1 to 3 business days.
  1. Does general softwares offer demo accounts?
  • Yes, general softwares provides demo accounts for practice trading.
  1. Can I have multiple account types with general softwares?
  • Yes, you can open multiple accounts with different types.
  1. Does general softwares offer Islamic/swap-free accounts?
  • Yes, Islamic accounts are available for traders who require them.
  1. What documents do I need to open a general softwares account?
  • A 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 account settings.

GENERAL SOFTWARES accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
GENERAL SOFTWARES Account