GLOBAL GROUP broker Accounts

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

global group Account Types Explained

When considering trading with global group, understanding the various account types available is crucial. Each account type is designed to cater to different trading styles and user profiles. Below is a detailed overview of the available account types.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Spreads from 1.0 pips, no commission
• Leverage Options: Up to 1:30
• Key Features: Suitable for all trading styles, including scalping and hedging.
• Target User Profile: Beginners and intermediate traders.
• Trading Instruments Available: Forex, commodities, indices.

2. Raw Spread Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Spreads from 0.0 pips, commission of $3.5 per lot
• Leverage Options: Up to 1:30
• Key Features: Ideal for day traders and scalpers due to low spreads.
• Target User Profile: Advanced traders and professionals.
• Trading Instruments Available: Forex, commodities, indices.

3. Elective Professional Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 0.0 pips, commission of $3.5 per lot
• Leverage Options: Up to 1:100
• Key Features: Higher leverage available, designed for experienced traders.
• Target User Profile: Institutional and experienced traders.
• Trading Instruments Available: Forex, commodities, indices.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard or Raw Spread accounts, depending on the choice.
• Leverage Options: Up to 1:30
• Key Features: Swap-free account compliant with Islamic finance principles.
• Target User Profile: Muslim traders seeking Sharia-compliant trading options.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Same as Standard Account
• Key Features: Allows traders to practice trading strategies without financial risk.
• Target User Profile: All traders, especially beginners.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate: Raw Spread Account
• Advanced: Elective Professional Account
• Muslim Traders: Islamic Account

Detailed global group Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard Account: $100

• Raw Spread Account: $100

• Elective Professional Account: $1,000

• Islamic Account: $100

• Demo Account: N/A

• Maximum Leverage:

• Standard Account: 1:30

• Raw Spread Account: 1:30

• Elective Professional Account: 1:100

• Islamic Account: 1:30

• Demo Account: 1:30

• Spreads (Typical/Minimum):

• Standard Account: 1.0 pips

• Raw Spread Account: 0.0 pips

• Elective Professional Account: 0.0 pips

• Islamic Account: 1.0 or 0.0 pips

• Demo Account: 1.0 pips

• Commission Fees:

• Standard Account: $0

• Raw Spread Account: $3.5

• Elective Professional Account: $3.5

• Islamic Account: $0 or $3.5

• Demo Account: $0

• Lot Size:

• Standard Account: Standard lots

• Raw Spread Account: Micro and standard lots

• Elective Professional Account: Micro and standard lots

• Islamic Account: Micro and standard lots

• Demo Account: Standard lots

• Available Trading Platforms:

• All accounts: MetaTrader 4 (MT4), MetaTrader 5 (MT5)

• Execution Type:

• Standard Account: Market execution

• Raw Spread Account: ECN execution

• Elective Professional Account: ECN execution

• Islamic Account: Market execution

• Demo Account: Market execution

• Islamic Account Availability:

• Available for Standard, Raw Spread, and Demo accounts.

• Swap-Free Options:

• Offered for Islamic accounts.

• Demo Account Features:

• Virtual trading environment, same features as live accounts.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• No commission fees

• Suitable for beginners

• Raw Spread Account:

• Tight spreads

• Ideal for scalping

• Low trading costs

• Elective Professional Account:

• Higher leverage

• Advanced trading tools

• Suitable for institutional traders

• Islamic Account:

• Compliant with Islamic finance

• No swap fees

• Flexible trading options

• Demo Account:

• Risk-free trading

• Practice trading strategies

• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to Raw Spread Account

• Limited advanced features

• Raw Spread Account:

• Commission fees apply

• May not be suitable for casual traders

• Elective Professional Account:

• Higher minimum deposit

• Not suitable for beginners

• Islamic Account:

• Limited availability for certain instruments

• May have restrictions based on trading styles

• Demo Account:

• No real money involved

• Limited to virtual funds

global group Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to traders from most countries; specific restrictions may apply.
• Prohibited Countries: Not specified in the available data.
• Identity Verification Documents Needed:
• Passport or government-issued ID
• Proof of Residence Requirements:
• Recent utility bill or bank statement showing name and address.
• Additional Documentation for Professional Accounts:
• Proof of trading experience or financial status may be required.

KYC/AML Compliance Procedures

• All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks as part of the registration process.

Verification Time Frames

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

global group Account Opening Process

Step-by-Step global group Account Opening Guide

1. Visit Website and Click Registration: Navigate to the global group website and select the registration option.
2. Personal Information Entry: Fill in personal details including name, email, and phone number.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Specify your trading preferences and settings.
5. Document Upload: Upload required identification and proof of residence documents.
6. Account Verification: Wait for the account to be verified by the global group compliance team.
7. Fund Your Account: Deposit the minimum required amount to activate your trading account.
8. Start Trading: Access your account and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though mobile may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and meet the required format.
• Issue: Delays in verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Users can request account type changes through customer support, subject to meeting the new account type requirements.

global group 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.
• Ideal for testing strategies without financial risk.

How to Open a Demo Account

• Visit the global group website and select the demo account option. Fill out the required information to create an 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 use virtual funds, while live accounts involve real money and trading conditions.

Duration/Expiry of Demo Accounts

• Demo accounts may expire after a set period, typically 30 days, but can often be renewed.

global group Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available for Standard, Raw Spread, and Demo accounts.

Eligibility Requirements

• Must be a Muslim trader adhering to Sharia principles.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them compliant with Islamic finance.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• May have limitations on certain trading strategies or instruments.

FAQs – global group Account Types & Opening

1. What account types does global group offer？

• Global group offers Standard, Raw Spread, Elective Professional, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard Account: $100, Raw Spread Account: $100, Elective Professional Account: $1,000, Islamic Account: $100, Demo Account: N/A.

1. How long does global group account verification take？

• Account verification typically takes 1-3 business days.

1. Does global group offer demo accounts？

• Yes, global group offers demo accounts for practice trading.

1. Can I have multiple account types with global group？

• Yes, traders can have multiple account types, subject to meeting the requirements.

1. Does global group offer Islamic/swap-free accounts？

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

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

• A passport or government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, account types can be changed by contacting customer support.