When considering trading with global asset, it's essential to understand the various account types available. Each type caters to different trading styles and preferences. Below is a detailed overview of the account types offered.
| Account Type | Minimum Deposit | Spread/Commission Structure | Leverage Options | Key Features | Target User Profile | Trading Instruments Available |
|---|---|---|---|---|---|---|
| Standard | $100 | Variable spreads | Up to 1:500 | Basic features, suitable for beginners | Beginner | Forex, CFDs, Commodities |
| ECN | $500 | Low spreads + commission | Up to 1:200 | Direct market access, lower spreads | Advanced | Forex, Indices, Commodities |
| Pro | $1,000 | Tight spreads + commission | Up to 1:100 | Advanced trading tools, priority support | Institutional | Forex, Stocks, Commodities |
| Islamic | $100 | Variable spreads | Up to 1:500 | Swap-free, compliant with Sharia law | Muslim traders | Forex, CFDs |
| Demo | N/A | N/A | N/A | Practice trading without risk | All levels | Forex, CFDs, Commodities |
When comparing features across different global asset account types, consider the following:
Standard Account:
Low minimum deposit
User-friendly for beginners
Access to various trading instruments
ECN Account:
Direct market access
Lower spreads
Suitable for high-frequency trading
Pro Account:
Advanced trading tools
Priority customer support
Ideal for institutional traders
Islamic Account:
Complies with Sharia law
No swap fees
Same features as Standard accounts
Demo Account:
Risk-free trading environment
Unlimited access to practice
Helps in honing trading skills
Standard Account:
Higher spreads compared to ECN accounts
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees can add up
Pro Account:
Requires significant capital
More complex trading tools
Islamic Account:
Limited to Muslim traders
May have fewer features compared to Pro accounts
Demo Account:
No real money involved
Limited duration for practice trading
To open a global asset account, you must meet certain eligibility criteria:
Explore broker markets account types: forex/trading accounts with demo access.