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Rating Index

Pros

Minimum deposit requirement is low at $10, making it accessible for new traders.

Offers a variety of trading instruments including forex, crypto, and commodities.

Provides a web-based trading platform, which can be convenient for users who prefer not to download software.

Cons

Unlicensed and unregulated, posing significant risks to client funds.

High withdrawal barriers and bonus clauses that may prevent users from accessing their money.

Wide spreads and high leverage can lead to substantial financial losses, particularly for inexperienced traders.

Golden Club broker Accounts

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

golden club Account Types Explained

The golden club offers several account types tailored to different trading needs and experience levels. Below is an overview of the available account types:

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 all trading instruments
Basic trading tools
Target User Profile: Beginners
Trading Instruments Available: Forex, commodities, indices

2. ECN Account

Minimum Deposit Requirement: $500
Spread/Commission Structure: Raw spreads starting from 0.0 pips + $5 commission per lot
Leverage Options: Up to 1:200
Key Features:
Direct market access
Faster execution speeds
Target User Profile: Advanced traders
Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

3. Pro Account

Minimum Deposit Requirement: $1,000
Spread/Commission Structure: Competitive spreads starting from 1.0 pip
Leverage Options: Up to 1:300
Key Features:
Advanced trading tools
Dedicated account manager
Target User Profile: Professional traders
Trading Instruments Available: Forex, commodities, indices, stocks

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: Virtual funds (typically $10,000)
Spread/Commission Structure: Same as Standard Account
Leverage Options: Up to 1:500
Key Features:
Practice trading without risk
Access to all trading instruments
Target User Profile: Beginners and those testing strategies
Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Account Type	Minimum Deposit	Spread	Commission	Leverage	Target User Profile
Standard	$100	From 1.5 pips	None	Up to 1:500	Beginners
ECN	$500	From 0.0 pips	$5 per lot	Up to 1:200	Advanced Traders
Pro	$1,000	From 1.0 pip	None	Up to 1:300	Professional Traders
Islamic	$100	From 1.5 pips	None	Up to 1:500	Muslim Traders
Demo	Virtual funds	Same as Standard	None	Up to 1:500	Beginners

Recommended Account Types by Trader Level

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

Detailed golden club Account Features

Feature Comparison Across Account Types

Feature	Standard Account	ECN Account	Pro Account	Islamic Account	Demo Account
Minimum Deposit	$100	$500	$1,000	$100	Virtual funds
Maximum Leverage	1:500	1:200	1:300	1:500	1:500
Spreads (Typical/Minimum)	From 1.5 pips	From 0.0 pips	From 1.0 pip	From 1.5 pips	Same as Standard
Commission Fees	None	$5 per lot	None	None	None
Lot Size	Standard	Standard	Standard	Standard	Standard
Available Trading Platforms	MT4, MT5	MT4, MT5	MT4, MT5	MT4, MT5	MT4, MT5
Execution Type	Market	ECN	Market	Market	Market
Islamic Account Availability	No	No	No	Yes	No
Swap-Free Options	No	No	No	Yes	No
Demo Account Features	No	No	No	No	Yes

Advantages of Each Account Type

Standard Account:
Low minimum deposit
User-friendly for beginners
Access to a wide range of instruments
ECN Account:
Tight spreads
Direct market access
Suitable for high-frequency trading
Pro Account:
Advanced trading tools
Personalized support
Competitive spreads
Islamic Account:
Complies with Sharia law
No interest fees
Available for all trading instruments
Demo Account:
Risk-free trading environment
Ideal for strategy testing
No time limit on practice

Disadvantages of Each Account Type

Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees may add up
Pro Account:
High minimum deposit
Not suitable for beginners
Islamic Account:
Limited to Muslim traders
May have fewer features than other accounts
Demo Account:
Virtual funds may not reflect real market conditions
Limited duration for practice

golden club Account Registration Requirements

Eligibility Criteria

Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Services may not be available in certain countries (specific countries not listed).
Prohibited Countries: Not specified in the sources.
Identity Verification Documents Needed:
Government-issued ID (passport or national ID)
Proof of address (utility bill, bank statement)
Proof of Residence Requirements: Recent documents showing the applicant's name and address.
Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.

KYC/AML Compliance Procedures

All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks to verify identity and prevent fraud.

Verification Time Frames

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

Step-by-Step golden club Account Opening Guide

Detailed Registration Process

Visit Website and Click Registration: Navigate to the golden club website and select the registration option.
Personal Information Entry: Fill out personal details including name, email, and phone number.
Choose Account Type: Select the desired account type from the available options.
Set Trading Preferences: Specify trading preferences such as leverage and trading instruments.
Document Upload: Upload required identity verification documents.
Account Verification: Wait for the account to be verified by the golden club team.
Fund Your Account: Deposit the minimum required amount to activate your account.
Start Trading: Once funded, you can begin trading.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, although the mobile interface may have a more streamlined design for ease of use.

Common Registration Issues and Solutions

Issue: Document upload failure.
Solution: Ensure documents are clear and in the correct format (PDF, JPEG).
Issue: Verification delays.
Solution: Contact customer support for assistance.

Average Account Approval Time

The average account approval time is between 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

Account holders can request to upgrade or downgrade their account type through the customer support portal or directly via their account dashboard.

golden club Demo Account Guide

Demo Account Features and Benefits

The demo account allows traders to practice with virtual funds, providing a risk-free environment to test strategies and familiarize themselves with the trading platform.