GGPM broker Accounts

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

Part 1: ggpm Account Types Overview

ggpm Account Types Explained

GGPM offers several account types tailored to different trading needs. Below is a detailed overview of each account type available:

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: Raw Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account
• Practicing Traders: Demo Account

Part 2: ggpm Account Features Comparison

Detailed ggpm Account Features

The following table compares the features across different account types:

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• No minimum deposit required
• No commission fees
• User-friendly for beginners
• Disadvantages:
• Higher spreads compared to Raw Account
• Limited advanced features

Raw Account

• Advantages:
• Tight spreads
• Suitable for scalping
• Low latency execution
• Disadvantages:
• Commission fees apply
• May not be suitable for beginners

Pro Account

• Advantages:
• Advanced trading tools
• Lower commission fees
• Priority customer support
• Disadvantages:
• Higher minimum deposit required
• Limited leverage options

Islamic Account

• Advantages:
• Compliant with Sharia law
• No swap fees
• Disadvantages:
• Limited availability of features compared to other accounts

Demo Account

• Advantages:
• Risk-free trading environment
• Access to all trading instruments
• Disadvantages:
• No real funds involved
• Limited duration for practice

Part 3: ggpm Account Opening Requirements

ggpm Account Registration Requirements

To open an account with GGPM, traders must meet the following eligibility criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available globally, but may be restricted in certain countries.
• Prohibited Countries: Specific countries may be restricted based on regulatory compliance.
• Identity Verification Documents Needed: Government-issued ID (passport, drivers license).
• Proof of Residence Requirements: Utility bill or bank statement with the applicant's name and address.
• Additional Documentation for Professional Accounts: Proof of trading experience or financial qualifications may be required.

KYC/AML Compliance Procedures

GGPM adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all traders to verify their identity and residence before account activation.

Verification Time Frames

Account verification typically takes 1-3 business days, depending on the completeness of documentation provided.

Part 4: ggpm Account Opening Process

Step-by-Step ggpm Account Opening Guide

1. Visit the Website: Go to the GGPM official website.
2. Click Registration: Locate and click the "Create Account" button.
3. Personal Information Entry: Fill out the registration form with personal details.
4. Choose Account Type: Select the desired account type from the options available.
5. Set Trading Preferences: Specify trading preferences such as leverage and trading instruments.
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 funds into your account using available payment methods.
9. Start Trading: Once funded, you can begin trading on the platform.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, with minor differences in layout and navigation.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are clear and meet size requirements.
• Issue: Account verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

Traders can request an account type change through the customer support portal or account management section on the website.

Part 5: ggpm Demo Account Information

ggpm Demo Account Guide

Demo Account Features and Benefits

• Access to all trading instruments
• Practice trading strategies without financial risk
• Real-time market conditions

How to Open a Demo Account

• Follow the same registration steps as a live account but select the demo option.

Demo Account Limitations

• Virtual balance only, no real funds involved.
• May have a time limit or expiration.

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.
• Demo accounts may have limited features compared to live accounts.

Duration/Expiry of Demo Accounts

Demo accounts typically remain active for 30 days, but this can vary based on the broker's policies.

Part 6: ggpm Islamic Account (if available)

ggpm Islamic Account Details

Swap-Free/Islamic Account Availability

GGPM offers an Islamic account option that is compliant with Sharia law, allowing traders to avoid swap fees.

Eligibility Requirements

To qualify for an Islamic account, traders must provide proof of their Muslim faith and agree to the terms of the account.

Differences from Standard Accounts

Islamic accounts do not incur swap fees and may have different trading conditions.

How to Apply for Islamic Account

Traders can apply for an Islamic account during the registration process or by contacting customer support.

Restrictions or Special Conditions

Islamic accounts may have specific trading conditions that differ from standard accounts, such as limits on certain trading strategies.

FAQs – ggpm Account Types & Opening

1. What account types does ggpm offer？

• GGPM offers Standard, Raw, Pro, Islamic, and Demo accounts.

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

• Standard and Raw accounts have no minimum deposit, Pro account requires $1,000, and Islamic accounts have no minimum deposit.

1. How long does ggpm account verification take？

• Account verification typically takes 1-3 business days.

1. Does ggpm offer demo accounts？

• Yes, GGPM provides demo accounts for practice trading.

1. Can I have multiple account types with ggpm？

• Yes, traders can open multiple account types as needed.

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

• Yes, GGPM offers Islamic accounts that are compliant with Sharia law.

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

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

1. Can I change my account type after registration？

• Yes, account types can be changed by contacting customer support.