GLOBAL BUANA KARYA broker Accounts

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

gbk Account Types Explained

Gulf Bank (GBK) offers a variety of account types tailored to meet the diverse needs of traders. Below is an overview of the available account types, their features, and the target user profiles.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features:
• Access to a wide range of trading instruments
• Basic trading tools and resources
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, indices

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Spreads from 0.0 pips with a commission of $5 per lot
• Leverage Options: Up to 1:200
• Key Features:
• Direct market access
• Faster execution speeds
• Target User Profile: Intermediate to advanced traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips with a lower commission
• Leverage Options: Up to 1:300
• Key Features:
• Advanced trading tools
• Dedicated account manager
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

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
• Compliance with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

5. Demo Account

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

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed gbk Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:300

• Islamic: Up to 1:500

• Demo: Up to 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.0 pips

• Pro: From 0.5 pips

• Islamic: Similar to Standard

• Demo: Simulated

• Commission Fees:

• Standard: N/A

• ECN: $5 per lot

• Pro: Lower than ECN

• Islamic: N/A

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• 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: N/A

• Demo: N/A

• Swap-Free Options:

• Available for all account types except Demo.

• Demo Account Features:

• Unlimited access to trading tools and resources.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• Suitable for beginners

• Access to educational resources

• ECN Account:

• Direct market access

• Tight spreads

• Fast execution speeds

• Pro Account:

• Advanced trading tools

• Personalized support

• Lower trading costs

• Islamic Account:

• Compliance with Islamic finance principles

• No swap fees

• Flexible trading options

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• Requires a higher initial investment

• More complex for beginners

• Islamic Account:

• Limited to Islamic traders

• May have fewer features than Pro accounts

gbk Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries; specific restrictions may apply.
• Prohibited Countries: Certain countries may be restricted due to regulatory reasons (not specified).
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Must provide a document showing current address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• GBK adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and source of funds.

Verification Time Frames

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

Step-by-Step gbk Account Opening Guide

Registration Process

1. Visit Website: Navigate to the GBK official website.
2. Click Registration: Locate the registration button on the homepage.
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 from the available options.
5. Set Trading Preferences: Specify your trading preferences and risk tolerance.
6. Document Upload: Upload the necessary identification and proof of residence documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit the minimum required amount to activate your account.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar across both platforms, but mobile registration may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload failures
• Solution: Ensure documents are clear and in the correct format.
• Issue: Delayed verification
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

• Users can request an upgrade or downgrade by contacting customer support and providing the necessary documentation.

gbk Demo Account Guide

Demo Account Features and Benefits

• Allows users to practice trading without financial risk.
• Access to all trading tools and resources available in live accounts.

How to Open a Demo Account

• Visit the GBK website and select the demo account option. Follow the registration steps similar to opening a live account.

Demo Account Limitations

• Limited to virtual funds; cannot be used for real trading.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $10,000 or more.

Demo vs Live Account Differences

• Demo accounts simulate trading conditions but do not involve real financial transactions.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for a limited time, often 30 days, unless extended.

gbk Islamic Account Details

Swap-Free/Islamic Account Availability

• GBK offers Islamic accounts that comply with Sharia law, allowing for swap-free trading.

Eligibility Requirements

• Must be a Muslim trader to qualify for the Islamic account.

Differences from Standard Accounts

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

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions that differ from standard accounts.

FAQs – gbk Account Types & Opening

1. What account types does gbk offer？

• GBK 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 gbk account verification take？

• Verification typically takes 1-3 business days.

1. Does gbk offer demo accounts？

• Yes, GBK provides demo accounts for practice trading.

1. Can I have multiple account types with gbk？

• Yes, users can open multiple account types.

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

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

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

• Government-issued ID and proof of address.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.