Search
Rating Index
1.44
Regulation
0.00
License
0.00
Software Index
4.00
Risk Control
0.00
Business
6.46

Pros

Diverse market instruments available for trading, including forex, commodities, shares, indices, and cryptocurrencies.
High maximum trading leverage of up to 1:300, which can potentially amplify profits.
User-friendly trading platform (MetaTrader 4) that offers advanced charting and automated trading features.

Cons

Lack of regulation and oversight, posing significant risks for investors and limited consumer protection.
Poor customer support with slow response times and inadequate assistance, leading to user frustration.
Absence of educational resources, hindering traders from improving their skills and making informed decisions.

Glactic broker Accounts

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

glactic Account Types Explained

Galactic offers a variety of account types tailored to meet the needs of different traders. Below is an overview of the available account types:

1. Transaction Accounts

  • Minimum Deposit Requirement:
  • Bronze: 0 credits
  • Silver: 50,000,000 credits
  • Gold: 250,000,000 credits
  • Spread/Commission Structure:
  • Varies by account type; generally lower for higher-tier accounts.
  • Leverage Options:
  • Typically up to 1:100, depending on account type.
  • Key Features:
  • Secure storage for credits, on-demand transactions, and interest accrual.
  • Target User Profile:
  • Bronze: Beginners or low-usage clients.
  • Silver: Regular traders.
  • Gold: Active merchants and corporations.
  • Trading Instruments Available:
  • Primarily currency pairs and commodities.

2. ECN Accounts

  • Minimum Deposit Requirement:
  • 100,000 credits.
  • Spread/Commission Structure:
  • Tight spreads with a commission per trade.
  • Leverage Options:
  • Up to 1:200.
  • Key Features:
  • Direct market access, faster execution speeds.
  • Target User Profile:
  • Advanced traders seeking lower costs and higher execution speed.
  • Trading Instruments Available:
  • Forex, CFDs, and commodities.

3. Pro Accounts

  • Minimum Deposit Requirement:
  • 500,000 credits.
  • Spread/Commission Structure:
  • Variable spreads with lower commissions.
  • Leverage Options:
  • Up to 1:300.
  • Key Features:
  • Enhanced trading tools, priority customer support.
  • Target User Profile:
  • Professional traders and institutions.
  • Trading Instruments Available:
  • Comprehensive range including forex, indices, and commodities.

4. Islamic Accounts

  • Minimum Deposit Requirement:
  • 100,000 credits.
  • Spread/Commission Structure:
  • Similar to ECN accounts but without swap fees.
  • Leverage Options:
  • Up to 1:200.
  • Key Features:
  • Swap-free trading in compliance with Sharia law.
  • Target User Profile:
  • Traders seeking halal investment options.
  • Trading Instruments Available:
  • Forex and commodities.

5. Demo Accounts

  • Minimum Deposit Requirement:
  • Virtual balance (typically 100,000 credits).
  • Spread/Commission Structure:
  • Simulated spreads.
  • Leverage Options:
  • Same as live accounts.
  • Key Features:
  • Risk-free trading environment for practice.
  • Target User Profile:
  • Beginners and those testing strategies.
  • Trading Instruments Available:
  • Same as live accounts.

Account Type Comparison Table

Account Type Minimum Deposit Spread Type Leverage Key Features Target User
Bronze 0 credits Variable 1:100 Basic features, secure storage Beginners
Silver 50,000,000 Variable 1:100 Regular trading benefits Regular traders
Gold 250,000,000 Variable 1:100 Premium features, high limits Corporations
ECN 100,000 Tight 1:200 Direct market access Advanced traders
Pro 500,000 Variable 1:300 Enhanced tools, priority support Professionals
Islamic 100,000 Variable 1:200 Swap-free trading Muslim traders
Demo Virtual balance Simulated Same as live Practice environment Beginners

  • Beginners: Bronze, Demo
  • Intermediate Traders: Silver
  • Advanced Traders: Gold, ECN
  • Professional Traders: Pro
  • Islamic Traders: Islamic Account

Detailed glactic Account Features

Account Features Comparison

Feature Bronze Silver Gold ECN Pro Islamic Demo
Minimum Deposit 0 credits 50,000,000 250,000,000 100,000 500,000 100,000 Virtual balance
Maximum Leverage 1:100 1:100 1:100 1:200 1:300 1:200 Same as live
Spreads Variable Variable Variable Tight Variable Variable Simulated
Commission Fees None None None Yes Lower None None
Lot Size Micro Mini Standard Standard Standard Standard N/A
Available Trading Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Execution Type Market Market Market ECN Market Market N/A
Islamic Account Availability No No No No No Yes No
Swap-Free Options No No No No No Yes No

Advantages of Each Account Type

  • Bronze:
  • No minimum deposit.
  • Ideal for beginners.
  • Basic features for everyday transactions.
  • Silver:
  • Suitable for regular traders.
  • Access to SafeTRADE® benefits.
  • Moderate minimum deposit.
  • Gold:
  • Best for high-volume traders.
  • Premium features and support.
  • High transaction limits.
  • ECN:
  • Direct market access.
  • Lower trading costs.
  • Fast execution speeds.
  • Pro:
  • Advanced trading tools.
  • Priority customer support.
  • High leverage options.
  • Islamic:
  • Compliant with Sharia law.
  • No swap fees.
  • Suitable for Muslim traders.
  • Demo:
  • Risk-free environment.
  • Practice trading strategies.
  • No financial commitment.

Disadvantages of Each Account Type

  • Bronze:
  • Limited features.
  • Not suitable for serious trading.
  • Silver:
  • Higher minimum deposit than Bronze.
  • Limited to basic trading tools.
  • Gold:
  • High minimum deposit.
  • Not suitable for casual traders.
  • ECN:
  • Requires higher initial investment.
  • Commission fees may apply.
  • Pro:
  • Very high minimum deposit.
  • Targeted towards professional traders only.
  • Islamic:
  • Limited to specific trading instruments.
  • May have restrictions on certain trades.
  • Demo:
  • No real financial gains.
  • Limited duration of use.

glactic Account Registration Requirements

Eligibility Criteria

  • Age Requirements:
  • Must be at least 18 years old.
  • Geographic Restrictions:
  • Specific regions may be restricted; check the website for details.
  • Prohibited Countries:
  • Certain countries may be restricted due to regulatory issues.
  • Identity Verification Documents Needed:
  • Government-issued ID (passport or driver's license).
  • Proof of Residence Requirements:
  • Utility bill or bank statement with your name and address.
  • Additional Documentation for Professional Accounts:
  • Proof of trading experience or financial statements may be required.

KYC/AML Compliance Procedures

  • All clients must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
  • Documentation must be submitted for verification before account activation.

Verification Time Frames

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

Step-by-Step glactic Account Opening Guide

Registration Process

  1. Visit the Website: Go to the official Galactic platform.
  2. Click Registration: Find and click the "Register" button.
  3. Personal Information Entry: Fill out the required personal details, including name, email, and phone number.
  4. Choose Account Type: Select the desired account type based on your trading needs.
  5. Set Trading Preferences: Indicate your trading preferences and goals.
  6. Document Upload: Upload the necessary identification and proof of residence documents.
  7. Account Verification: Wait for the verification process to be completed.
  8. Fund Your Account: Deposit the minimum required amount to start trading.
  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 users may have a simplified interface.

Common Registration Issues and Solutions

  • Issue: Verification email not received.
  • Solution: Check spam/junk folders or request a new verification email.
  • Issue: Document upload fails.
  • Solution: Ensure documents are in the correct format and size.

Average Account Approval Time

  • Most accounts are approved within 1-3 business days, depending on the volume of applications.

How to Upgrade/Downgrade Account Types

  • Contact customer support to request an upgrade or downgrade of your account type.

glactic Demo Account Guide

Demo Account Features and Benefits

  • Provides a risk-free environment to practice trading.
  • Access to all trading instruments available in live accounts.
  • Ability to test strategies without financial risk.

How to Open a Demo Account

  • Follow the same registration process, selecting the demo account option.

Demo Account Limitations

  • Virtual balance may be limited (e.g., 100,000 credits).
  • Typically expires after a set period (e.g., 30 days).

Virtual Balance Amount

  • Usually set at 100,000 credits for practice.

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 generally expire after 30 days unless extended.

glactic Islamic Account Details

Swap-Free/Islamic Account Availability

  • Islamic accounts are available for traders who require swap-free trading options.

Eligibility Requirements

  • Must comply with Islamic finance principles.

Differences from Standard Accounts

  • Islamic accounts do not incur swap fees but may have different spreads or commissions.

How to Apply for Islamic Account

  • Indicate the need for an Islamic account during the registration process.

Restrictions or Special Conditions

  • May have limitations on certain trading instruments or strategies.

FAQs – glactic Account Types & Opening

  1. What account types does glactic offer?
  • Galactic offers Bronze, Silver, Gold, ECN, Pro, Islamic, and Demo accounts.
  1. What is the minimum deposit for each account type?
  • Bronze: 0 credits, Silver: 50,000,000 credits, Gold: 250,000,000 credits, ECN: 100,000 credits, Pro: 500,000 credits, Islamic: 100,000 credits.
  1. How long does glactic account verification take?
  • Verification typically takes 1-3 business days.
  1. Does glactic offer demo accounts?
  • Yes, glactic offers demo accounts for practice trading.
  1. Can I have multiple account types with glactic?
  • Yes, you can have multiple account types, but you may need to contact support for management.
  1. Does glactic offer Islamic/swap-free accounts?
  • Yes, glactic offers Islamic accounts that are swap-free.
  1. What documents do I need to open a glactic 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 customer support.
Glactic accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Glactic Account