golden hall Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
golden hall Account Types Explained
Golden Hall offers several account types tailored to different trading preferences and experience levels. Below is an overview of each account type, including their features and requirements.
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
- Standard execution
- Suitable for beginners
- Target User Profile: Beginner traders
- Trading Instruments Available: Forex, commodities, indices
2. ECN Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Low spreads from 0.1 pips + commission
- Leverage Options: Up to 1:200
- Key Features:
- Direct market access
- Fast execution speeds
- Ideal for scalpers and high-frequency traders
- Target User Profile: Advanced traders
- Trading Instruments Available: Forex, commodities, indices, cryptocurrencies
3. Pro Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Tight spreads starting from 0.0 pips + higher commission
- Leverage Options: Up to 1:100
- Key Features:
- Professional trading environment
- Access to advanced trading tools
- Enhanced customer support
- Target User Profile: Professional traders
- 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
- Complies 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: Similar to Standard Account
- Leverage Options: Up to 1:500
- Key Features:
- Practice trading without risk
- Access to all trading instruments
- Ideal for testing strategies
- Target User Profile: Beginners and experienced traders
- 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
- All Levels for Practice: Demo Account
Detailed golden hall 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 1:100
Islamic: Up to 1:500
Demo: Up to 1:500
Spreads (Typical/Minimum):
Standard: From 1.5 pips
ECN: From 0.1 pips
Pro: From 0.0 pips
Islamic: Similar to Standard
Demo: Similar to Standard
Commission Fees:
Standard: None
ECN: Yes
Pro: Yes
Islamic: None
Demo: None
Lot Size:
Standard: Micro/Standard
ECN: Mini/Standard
Pro: Mini/Standard
Islamic: Micro/Standard
Demo: Micro/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: Yes
Demo: No
Swap-Free Options:
Available for Islamic accounts only.
Demo Account Features:
Virtual balance for practice trading.
Access to all trading instruments.
Ideal for testing strategies before going live.
Advantages of Each Account Type
-
Standard Account:
Low minimum deposit
User-friendly for beginners
Access to a wide range of instruments
ECN Account:
Low spreads and fast execution
Suitable for scalping
Direct market access
Pro Account:
Professional trading tools
Tight spreads and advanced features
Enhanced support
Islamic Account:
Complies with Sharia law
Swap-free trading
Accessible for Muslim traders
Demo Account:
Risk-free trading environment
Ideal for learning and strategy testing
Access to all trading instruments
Disadvantages of Each Account Type
-
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees may apply
Pro Account:
High minimum deposit
Commission fees may apply
Islamic Account:
Limited to swap-free trading
May have higher spreads
Demo Account:
No real profits
Limited duration
golden hall Account Registration Requirements
Eligibility Criteria
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available to residents in most countries, but specific restrictions may apply.
- Prohibited Countries: Countries under sanctions or restrictions may not be eligible.
- Identity Verification Documents Needed:
- Government-issued ID (passport or national ID card)
- Proof of address (utility bill or bank statement)
- Proof of Residence Requirements: Recent documents showing current address.
- Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.
KYC/AML Compliance Procedures
- All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
- Verification of identity and address is mandatory.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
Step-by-Step golden hall Account Opening Guide
Registration Process
- Visit Website and Click Registration: Navigate to the official Golden Hall website and locate the registration button.
- Personal Information Entry: Fill out the required personal information, including name, email, and contact details.
- Choose Account Type: Select the desired account type based on your trading preferences.
- Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
- Document Upload: Upload the necessary identification and proof of residence documents.
- Account Verification: Wait for the verification process to complete; you will receive a notification via email.
- Fund Your Account: Once verified, deposit funds into your account using the available payment methods.
- Start Trading: After funding, you can begin trading on your selected platform.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile platforms, but the mobile interface may have a simplified layout.
Common Registration Issues and Solutions
- Issue: Document upload failure.
- Solution: Ensure documents are clear and within the size limits.
- Issue: Verification delays.
- Solution: Contact customer support for assistance.
Average Account Approval Time
- Generally, account approval takes between 1 to 3 business days.
How to Upgrade/Downgrade Account Types
- Account types can be upgraded or downgraded by contacting customer support and submitting a request.
golden hall 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 Golden Hall website and select the demo account option.
- Fill out the registration form and submit.
Demo Account Limitations
- Limited to virtual funds.
- May have a time limit for usage.
Virtual Balance Amount
- Typically, demo accounts come with a virtual balance of $10,000 or similar.
Demo vs Live Account Differences
- Demo accounts use virtual funds, while live accounts involve real money.
- Trading conditions may differ slightly.
Duration/Expiry of Demo Accounts
- Demo accounts usually remain active for a limited time, often 30 days, but this can vary.
golden hall Islamic Account Details
Swap-Free/Islamic Account Availability
- Islamic accounts are available for all account types.
Eligibility Requirements
- Must be a practicing Muslim to qualify for an Islamic account.
Differences from Standard Accounts
- Islamic accounts do not incur swap fees, making them compliant with Sharia law.
How to Apply for Islamic Account
- Select the Islamic account option during the registration process.
Restrictions or Special Conditions
- Islamic accounts may have specific trading conditions, such as limited leverage.
FAQs – golden hall Account Types & Opening
- What account types does golden hall offer?
- Golden Hall offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.
- How long does golden hall account verification take?
- Verification typically takes 1-3 business days.
- Does golden hall offer demo accounts?
- Yes, golden hall offers demo accounts for practice trading.
- Can I have multiple account types with golden hall?
- Yes, you can hold multiple account types.
- Does golden hall offer Islamic/swap-free accounts?
- Yes, Islamic accounts are available for all account types.
- What documents do I need to open a golden hall account?
- A government-issued ID and proof of address are required.
- Can I change my account type after registration?
- Yes, you can request to upgrade or downgrade your account type by contacting customer support.
Golden Hall accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .