Globalix Forex Broker keeps up-to-date with the latest trading account information, including VIP, PLATINUM, GOLD, CLASSIC maximum leverage of --, trading varieties, and more
Globalix offers several account types tailored to different trading needs and experience levels. Below is an overview of each account type:
| Account Type | Minimum Deposit | Spread | Leverage | Key Features | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | From 1.0 pips | Up to 1:500 | User-friendly | Beginners |
| ECN | $500 | From 0.0 pips | Up to 1:200 | Direct market access | Advanced traders |
| Pro | $1,000 | Tight spreads | Up to 1:100 | Advanced tools, priority support | Professional traders |
| Islamic | $500 | Similar to Standard | Up to 1:200 | Swap-free | Muslim traders |
| Demo | N/A | Same as Standard | Same as Standard | Risk-free practice | Beginners, strategy testers |
When considering globalix account types, its essential to compare the features across different accounts:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $500
Demo: N/A
Maximum Leverage:
Standard: Up to 1:500
ECN: Up to 1:200
Pro: Up to 1:100
Islamic: Up to 1:200
Demo: Same as Standard
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.0 pips
Pro: Tight spreads
Islamic: Similar to Standard
Demo: Same as Standard
Commission Fees:
Standard: None
ECN: Yes, based on volume
Pro: Lower commissions
Islamic: None
Demo: None
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: 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: Instant
Islamic: Market
Demo: Market
Islamic Account Availability:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Demo: N/A
Swap-Free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Demo: N/A
Demo Account Features:
Virtual balance: $100,000
Duration: 30 days
Expiry: After 30 days of inactivity
Standard Account:
Low minimum deposit
User-friendly interface
Suitable for beginners
Access to multiple instruments
ECN Account:
Low spreads
Direct market access
Ideal for scalping
Advanced trading tools
Pro Account:
Tight spreads and low commissions
Priority customer support
Suitable for professional trading
Advanced trading features
Islamic Account:
Complies with Sharia law
No swap fees
Similar features to other accounts
Suitable for Muslim traders
Demo Account:
Risk-free trading environment
Practice with virtual funds
Test strategies without financial risk
Access to all trading instruments
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees may apply
Pro Account:
Higher minimum deposit
Not suitable for beginners
Islamic Account:
Limited availability for non-Muslim traders
May have higher spreads
Demo Account:
Limited duration
No real financial gains
To open a globalix account, traders must meet specific eligibility criteria:
Eligibility Criteria:
Age Requirements: Must be at least 18 years old
Geographic Restrictions: Available in most countries; check specific restrictions
Prohibited Countries: Countries under sanctions or restrictions may be prohibited
Identity Verification Documents Needed:
Government-issued ID (passport or national ID)
Proof of address (utility bill or bank statement)
Proof of Residence Requirements:
Recent document showing name and address
Additional Documentation for Professional Accounts:
Proof of trading experience or qualifications
KYC/AML Compliance Procedures:
Complete identity verification
Submit required documents for review
Verification Time Frames:
Typically 1-3 business days for account verification
Follow these steps to open a globalix account:
Issue: Document upload failure
Solution: Ensure documents are clear and in the correct format.
Issue: Verification delays
Solution: Contact customer support for assistance.
Demo Account Features and Benefits:
Risk-free trading environment with virtual funds.
Access to all trading instruments available in live accounts.
How to Open a Demo Account:
Follow the same registration process, selecting the demo account option.
Demo Account Limitations:
Limited duration of 30 days.
No real financial gains.
Virtual Balance Amount:
Typically set at $100,000 for practice.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts involve real money.
Duration/Expiry of Demo Accounts:
Demo accounts expire after 30 days of inactivity.
Swap-Free/Islamic Account Availability:
Available for Standard, ECN, and Pro accounts.
Eligibility Requirements:
Must be a Muslim trader adhering to Sharia law.
Differences from Standard Accounts:
No swap fees applied to overnight positions.
How to Apply for Islamic Account:
Select the Islamic account option during registration or contact support.
Restrictions or Special Conditions:
Must comply with Islamic trading principles.
Explore broker markets account types: forex/trading accounts with demo access.