ghg Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: ghg Account Types Overview
ghg Account Types Explained
ghg offers several account types tailored to different trading needs and preferences. Below is a comprehensive overview of each account type:
1. Standard Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Variable spreads starting from 1.0 pips
- Leverage Options: Up to 1:500
- Key Features: Access to all trading instruments, standard execution
- Target User Profile: Beginners and intermediate traders
- Trading Instruments Available: Forex, commodities, indices
2. ECN Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Low spreads starting from 0.1 pips, commission of $5 per lot
- Leverage Options: Up to 1:200
- Key Features: Direct market access, faster execution speeds
- Target User Profile: Advanced traders and scalpers
- Trading Instruments Available: Forex, commodities, cryptocurrencies
3. Pro Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Spreads from 0.5 pips, commission of $3 per lot
- Leverage Options: Up to 1:300
- Key Features: Enhanced trading conditions, priority support
- Target User Profile: Professional traders and institutions
- Trading Instruments Available: Forex, commodities, indices, stocks
4. Islamic Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Similar to Standard Account
- Leverage Options: Up to 1:500
- Key Features: Swap-free trading in compliance with Islamic finance principles
- Target User Profile: Muslim traders
- Trading Instruments Available: Forex, commodities, indices
5. Demo Account
- Minimum Deposit Requirement: Virtual funds (typically $10,000)
- Spread/Commission Structure: Same as Standard Account
- Leverage Options: Up to 1:500
- Key Features: Risk-free trading environment, access to all trading instruments
- Target User Profile: Beginners and those testing strategies
- Trading Instruments Available: Forex, commodities, indices
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account, Demo Account
- Intermediate: Standard Account, Islamic Account
- Advanced: ECN Account
- Professional: Pro Account
Part 2: ghg Account Features Comparison
Detailed ghg Account Features
Minimum Deposit
- Standard Account: $100
- ECN Account: $500
- Pro Account: $1,000
- Islamic Account: $100
- Demo Account: Virtual funds
Maximum Leverage
- Standard Account: Up to 1:500
- ECN Account: Up to 1:200
- Pro Account: Up to 1:300
- Islamic Account: Up to 1:500
- Demo Account: Up to 1:500
Spreads (Typical/Minimum)
- Standard Account: From 1.0 pips
- ECN Account: From 0.1 pips
- Pro Account: From 0.5 pips
- Islamic Account: Similar to Standard Account
- Demo Account: Same as Standard Account
Commission Fees
- Standard Account: None
- ECN Account: $5 per lot
- Pro Account: $3 per lot
- Islamic Account: None
- Demo Account: None
Lot Size
- Standard Account: Standard lots
- ECN Account: Micro, mini, and standard lots
- Pro Account: Standard lots
- Islamic Account: Standard lots
- Demo Account: Standard lots
- Standard Account: MT4, MT5
- ECN Account: MT4, MT5
- Pro Account: MT4, MT5
- Islamic Account: MT4, MT5
- Demo Account: MT4, MT5
Execution Type
- Standard Account: Market execution
- ECN Account: Market execution
- Pro Account: Market execution
- Islamic Account: Market execution
- Demo Account: Market execution
Islamic Account Availability
- Standard Account: Yes
- ECN Account: Yes
- Pro Account: Yes
- Islamic Account: Yes
- Demo Account: Not applicable
Swap-Free Options
- Standard Account: Yes
- ECN Account: Yes
- Pro Account: Yes
- Islamic Account: Yes
- Demo Account: Not applicable
Demo Account Features
- Standard Account: Yes
- ECN Account: Yes
- Pro Account: Yes
- Islamic Account: Not applicable
- Demo Account: Yes
Advantages of Each Account Type
- Standard Account: Low minimum deposit, suitable for beginners, access to all instruments.
- ECN Account: Low spreads, direct market access, ideal for scalping.
- Pro Account: Enhanced conditions, priority support, suitable for professional traders.
- Islamic Account: Compliance with Islamic finance, no swap fees.
- Demo Account: Risk-free trading, ideal for practice and strategy testing.
Disadvantages of Each Account Type
- Standard Account: Higher spreads compared to ECN.
- ECN Account: Higher minimum deposit, commission fees apply.
- Pro Account: Higher minimum deposit, may not be suitable for beginners.
- Islamic Account: Limited to swap-free trading.
- Demo Account: No real profit, limited to virtual funds.
Part 3: ghg Account Opening Requirements
ghg Account Registration Requirements
Eligibility Criteria
- Age Requirements: Minimum age of 18 years.
- Geographic Restrictions: Available in most countries; specific restrictions may apply.
- Prohibited Countries: Countries under international sanctions may be restricted.
Identity Verification Documents Needed
- Proof of Identity: Government-issued ID (passport, national ID).
- Proof of Residence: Utility bill, bank statement, or government document with the applicant's name and address.
Additional Documentation for Professional Accounts
- Professional Account Verification: Additional financial documents may be required.
KYC/AML Compliance Procedures
ghg adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and residence.
Verification Time Frames
- Standard Verification: Typically within 1-3 business days.
- Extended Verification: May take longer if additional documents are required.
Part 4: ghg Account Opening Process
Step-by-Step ghg Account Opening Guide
- Visit Website and Click Registration: Go to the ghg website and click on the registration button.
- Personal Information Entry: Fill in personal details such as name, email, and phone number.
- Choose Account Type: Select the desired account type from the available options.
- Set Trading Preferences: Configure trading preferences such as leverage and trading platform.
- Document Upload: Upload required identity verification documents.
- Account Verification: Wait for the account verification process to complete.
- Fund Your Account: Deposit the minimum required amount to activate the account.
- Start Trading: Once approved, log in and begin trading.
Desktop vs Mobile Registration Differences
- Desktop Registration: Full functionality with document uploads and preferences.
- Mobile Registration: May have limited features; document uploads may be restricted.
Common Registration Issues and Solutions
- Issue: Document upload errors.
- Solution: Ensure documents are clear and in the correct format.
- Issue: Verification delays.
- Solution: Contact customer support for assistance.
Average Account Approval Time
Typically, account approval takes 1-3 business days, depending on document verification.
How to Upgrade/Downgrade Account Types
Account type changes can be requested through customer support, subject to the terms of the account.
ghg Demo Account Guide
Demo Account Features and Benefits
- Risk-Free Trading: Practice without financial risk.
- Access to All Instruments: Trade the same instruments as live accounts.
- Real Market Conditions: Simulate real trading conditions.
How to Open a Demo Account
- Navigate to the ghg website and select the demo account option.
- Fill in the required information and create an account.
Demo Account Limitations
- Time Limit: Typically valid for 30 days, may vary by broker.
- Virtual Balance: Limited to a predefined virtual amount (e.g., $10,000).
Virtual Balance Amount
Demo accounts usually come with a virtual balance of $10,000.
Demo vs Live Account Differences
- Demo Account: Virtual funds, no real profit, limited duration.
- Live Account: Real funds, potential for profit or loss, no time limit.
Duration/Expiry of Demo Accounts
Demo accounts typically expire after 30 days of inactivity, but this may vary based on the broker's policy.
Part 6: ghg Islamic Account (if available)
ghg Islamic Account Details
Swap-Free/Islamic Account Availability
ghg offers Islamic accounts that comply with Sharia law, ensuring no swap fees are applied.
Eligibility Requirements
To qualify, traders must declare their intention to trade under Islamic principles.
Differences from Standard Accounts
Islamic accounts have no swap fees and may have different trading conditions.
How to Apply for Islamic Account
Select the Islamic account option during the registration process or contact customer support for assistance.
Restrictions or Special Conditions
Islamic accounts may have specific conditions regarding trading strategies and instruments.
FAQs – ghg Account Types & Opening
- What account types does ghg offer?
- ghg 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: Virtual funds.
- How long does ghg account verification take?
- Verification typically takes 1-3 business days.
- Does ghg offer demo accounts?
- Yes, ghg offers demo accounts for risk-free trading.
- Can I have multiple account types with ghg?
- Yes, traders can open multiple account types.
- Does ghg offer Islamic/swap-free accounts?
- Yes, ghg provides Islamic accounts that are swap-free.
- What documents do I need to open a ghg account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, account type changes can be requested through customer support.
Ghg accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .