Giant Rock broker Accounts

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

Part 1: giant rock Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.2 pips
• Leverage Options: Up to 1:500
• Key Features: Basic trading tools, access to major currency pairs
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads from 0.0 pips + commission
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, faster execution
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, indices, commodities

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads + commission
• Leverage Options: Up to 1:100
• Key Features: Advanced trading features, priority customer support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, stocks, ETFs

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: No swap fees, compliant with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Simulated conditions
• Leverage Options: Up to 1:500
• Key Features: Practice trading without risk, access to trading platforms
• Target User Profile: Beginners and experienced traders
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: Detailed giant rock Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:100

• Islamic: 1:500

• Demo: 1:500

• Spreads:

• Standard: 1.2 pips (variable)

• ECN: 0.0 pips (raw)

• Pro: Competitive (varies)

• Islamic: Similar to Standard

• Demo: Simulated conditions

• Commission Fees:

• Standard: None

• ECN: Yes (based on volume)

• Pro: Yes (based on volume)

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Mini and Standard lots

• ECN: Micro, Mini, and Standard lots

• Pro: Micro, Mini, and Standard lots

• Islamic: Mini and Standard lots

• Demo: Mini and Standard lots

• 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: No

• Demo Account Features:

• Virtual balance for practice

• Access to all trading instruments

• No time limit on usage

Advantages and Disadvantages of Each Account Type

• Standard Account:

• Advantages: Low minimum deposit, user-friendly

• Disadvantages: Higher spreads, limited features

• ECN Account:

• Advantages: Low spreads, fast execution

• Disadvantages: Higher minimum deposit, commission fees

• Pro Account:

• Advantages: Advanced features, priority support

• Disadvantages: High minimum deposit, commission fees

• Islamic Account:

• Advantages: Compliant with Sharia law, no swap fees

• Disadvantages: Limited availability of features compared to Pro

• Demo Account:

• Advantages: Risk-free trading, practice environment

• Disadvantages: No real profits, limited to virtual trading

Part 3: giant rock Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old
• Geographic Restrictions: Available in most countries; check specific restrictions
• Prohibited Countries: Specific countries may be restricted based on regulatory compliance
• Identity Verification Documents Needed:
• Government-issued ID (passport, drivers license)
• Proof of address (utility bill, bank statement)
• Proof of Residence Requirements: Recent documents showing your name and address
• Additional Documentation for Professional Accounts: Business registration documents, tax ID

KYC/AML Compliance Procedures

• Know Your Customer (KYC): Verification of identity and address
• Anti-Money Laundering (AML): Monitoring of transactions to prevent illicit activities

Verification Time Frames

• Standard Verification: Typically takes 1-3 business days
• Additional Documentation: May extend verification time depending on complexity

Part 4: Step-by-Step giant rock Account Opening Guide

Registration Process

1. Visit Website: Go to the giant rock official website.
2. Click Registration: Locate and click the registration button.
3. Personal Information Entry: Fill out personal details including name, email, and phone number.
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 to start trading.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• Desktop: Full access to all features and document uploads.
• Mobile: Streamlined process; may have limited document upload options.

Common Registration Issues and Solutions

• Issue: Document upload failure
• Solution: Ensure documents are clear and in the correct format.
• Issue: Verification delays
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically 1-3 business days for standard accounts.

How to Upgrade/Downgrade Account Types

• Contact customer support through the platform to request changes.

Part 5: giant rock Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments, simulated trading environment, practice without risk.
• Benefits: Ideal for beginners to learn trading strategies and for experienced traders to test new strategies.

How to Open a Demo Account

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

Demo Account Limitations

• No real profits can be made, limited to virtual funds.

Virtual Balance Amount

• Typically starts with a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds; live accounts involve real money and trading conditions.

Duration/Expiry of Demo Accounts

• Demo accounts may expire after a certain period or remain active as long as there is usage.

Part 6: giant rock Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, giant rock offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must be a practicing Muslim and provide necessary documentation.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and have similar trading conditions to standard accounts.

How to Apply for Islamic Account

• Select the Islamic account option during registration or contact customer support for assistance.

Restrictions or Special Conditions

• Must adhere to Islamic finance principles, including no interest-based transactions.

FAQs – giant rock Account Types & Opening

1. What account types does giant rock offer？

• Giant rock 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: $100, Demo: N/A.

1. How long does giant rock account verification take？

• Verification typically takes 1-3 business days.

1. Does giant rock offer demo accounts？

• Yes, giant rock provides demo accounts for practice trading.

1. Can I have multiple account types with giant rock？

• Yes, you can have multiple accounts, but each must be registered separately.

1. Does giant rock offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available and comply with Sharia law.

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

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

1. Can I change my account type after registration？

• Yes, you can request to change your account type through customer support.