Gold label broker Accounts

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

gold label Account Types Explained

Available Account Types

1. Gold Account

• Minimum Deposit Requirement: $5,000
• Spread/Commission Structure: Fixed spreads from 0.7 pips
• Leverage Options: Up to 1:200
• Key Features:
• Hold up to 100 open positions
• Trade volumes from 0.1 to 100 lots
• Margin call at 30%, stop-out at 10%
• Credit line up to $1,500
• 40% deposit bonus
• Target User Profile: Advanced traders, high-volume traders, and multi-strategy traders
• Trading Instruments Available: Forex, CFDs, commodities, indices

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads
• Leverage Options: Up to 1:100
• Key Features:
• Suitable for beginners
• Access to basic trading tools
• Target User Profile: Beginner traders
• Trading Instruments Available: Forex, commodities

1. ECN Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Low spreads with a commission fee
• Leverage Options: Up to 1:200
• Key Features:
• Direct market access
• Faster execution speeds
• Target User Profile: Professional traders and scalpers
• Trading Instruments Available: Forex, commodities, indices

1. Islamic Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Similar to Standard or Gold accounts, but swap-free
• Leverage Options: Up to 1:100
• Key Features:
• Compliant with Sharia law
• No overnight fees
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Simulated trading conditions
• Leverage Options: Up to 1:200
• Key Features:
• Practice trading without risk
• Virtual balance to simulate real trading
• Target User Profile: All levels, especially beginners
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: Gold Account
• Advanced Traders: ECN Account
• Muslim Traders: Islamic Account
• All Levels: Demo Account

Detailed gold label Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Gold Account: $5,000

• Standard Account: $100

• ECN Account: $1,000

• Islamic Account: $1,000

• Demo Account: N/A

• Maximum Leverage:

• Gold Account: 1:200

• Standard Account: 1:100

• ECN Account: 1:200

• Islamic Account: 1:100

• Demo Account: 1:200

• Spreads (Typical/Minimum):

• Gold Account: Fixed from 0.7 pips

• Standard Account: Variable

• ECN Account: Low spreads + commission

• Islamic Account: Similar to Standard

• Demo Account: Simulated

• Commission Fees:

• Gold Account: None

• Standard Account: None

• ECN Account: Yes (low commission)

• Islamic Account: None

• Demo Account: N/A

• Lot Size:

• Gold Account: 0.1 to 100 lots

• Standard Account: Typically 0.01 lots

• ECN Account: 0.1 lots

• Islamic Account: 0.1 lots

• Demo Account: Varies

• Available Trading Platforms:

• Gold Account: MT4, MT5

• Standard Account: MT4

• ECN Account: MT4, proprietary

• Islamic Account: MT4

• Demo Account: MT4, MT5

• Execution Type:

• Gold Account: Market

• Standard Account: Instant

• ECN Account: ECN

• Islamic Account: Market

• Demo Account: Simulated

• Islamic Account Availability:

• Gold Account: No

• Standard Account: No

• ECN Account: No

• Islamic Account: Yes

• Demo Account: No

• Swap-Free Options:

• Gold Account: No

• Standard Account: No

• ECN Account: No

• Islamic Account: Yes

• Demo Account: N/A

• Demo Account Features:

• Virtual funds to practice trading

• Access to various trading instruments

• Simulated market conditions

Advantages of Each Account Type

• Gold Account:

• High leverage and tight spreads

• Suitable for complex strategies

• High position limits

• Standard Account:

• Low minimum deposit

• User-friendly for beginners

• Access to essential trading tools

• ECN Account:

• Direct market access

• Lower spreads

• Ideal for scalping and high-frequency trading

• Islamic Account:

• Compliant with Islamic finance principles

• No overnight fees

• Suitable for Muslim traders

• Demo Account:

• Risk-free environment to practice

• Familiarization with trading platforms

• No financial commitment required

Disadvantages of Each Account Type

• Gold Account:

• High minimum deposit

• Complexity may overwhelm beginners

• Standard Account:

• Limited features compared to advanced accounts

• Higher spreads during volatile markets

• ECN Account:

• Commission fees can add to trading costs

• Requires more trading knowledge

• Islamic Account:

• Limited availability of trading instruments

• May have higher spreads compared to standard accounts

• Demo Account:

• No real money involved

• Limited duration for practice

gold label Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old to open an account.
• Geographic Restrictions: Availability may vary by country; check local regulations.
• Prohibited Countries: Specific countries may be restricted based on regulatory compliance.

Identity Verification Documents Needed

• Government-issued photo ID (passport, drivers license)
• Proof of residence (utility bill, bank statement)

Additional Documentation for Professional Accounts

• Business registration documents (for corporate accounts)
• Financial statements (if required)

KYC/AML Compliance Procedures

• Complete identity verification process
• Submit required documents for review
• Compliance with Anti-Money Laundering regulations

Verification Time Frames

• Typically, account verification takes 1-3 business days, depending on document submission and review speed.

Step-by-Step gold label Account Opening Guide

Registration Process

1. Visit Website: Go to the gold label trading platform.
2. Click Registration: Find and click the "Open Account" button.
3. Personal Information Entry: Fill in personal details such as name, email, and phone number.
4. Choose Account Type: Select the desired account type based on trading needs.
5. Set Trading Preferences: Specify leverage, trading instruments, and other preferences.
6. Document Upload: Upload required identification and proof of residence.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit the minimum required amount to start trading.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile may have simplified forms and fewer steps.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are clear and within size limits.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Log into your account and navigate to the account settings section to request an upgrade or downgrade.

gold label Demo Account Guide

Demo Account Features and Benefits

• Access to a simulated trading environment
• Practice trading strategies without financial risk
• Virtual balance to trade various instruments

How to Open a Demo Account

• Follow the same registration process as a live account, selecting "Demo Account" during the account type selection.

Demo Account Limitations

• Limited duration (typically 30-90 days)
• No access to real funds or live market conditions

Virtual Balance Amount

• The virtual balance amount varies by platform, often starting at $10,000 or similar.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.
• Live accounts may have different trading conditions, including spreads and execution speeds.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after a set period (30-90 days), after which users may need to re-register for a new demo.

gold label Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available for traders who require compliance with Sharia law.

Eligibility Requirements

• Must provide documentation confirming the need for an Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees for overnight positions.

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, including limited access to certain instruments.

FAQs – gold label Account Types & Opening

1. What account types does gold label offer？

• Gold label offers Gold, Standard, ECN, Islamic, and Demo accounts.

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

• Gold Account: $5,000; Standard Account: $100; ECN Account: $1,000; Islamic Account: $1,000; Demo Account: N/A.

1. How long does gold label account verification take？

• Verification typically takes 1-3 business days.

1. Does gold label offer demo accounts？

• Yes, gold label offers demo accounts for practice trading.

1. Can I have multiple account types with gold label？

• Yes, traders can have multiple account types.

1. Does gold label offer Islamic/swap-free accounts？

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

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

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

1. Can I change my account type after registration？

• Yes, account types can be upgraded or downgraded through account settings.