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Rating Index

Pros

High trust score of 97/100, indicating a generally safe and reliable platform.
Valid SSL certificate, ensuring secure communication and data protection for users.
Positive reviews regarding the overall legitimacy of the broker, suggesting a low risk of scams.

Cons

Low visitor traffic, which may raise concerns about the broker's popularity and reliability.
Slow website speed, potentially impacting user experience and trading efficiency.
Limited information about customer support options, which could hinder assistance during trading issues.

Goldenhand broker Accounts

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

Part 1: goldenhand Account Types Overview

goldenhand Account Types Explained

goldenhand offers a variety of account types tailored to meet the needs of different traders. Below is an overview of the available account types:

Account Type Minimum Deposit Spread/Commission Structure Leverage Options Key Features Target User Profile Trading Instruments Available
Standard $100 Variable spreads Up to 1:500 Basic trading tools, access to all instruments Beginners Forex, commodities, indices
ECN $500 Low spreads + commission Up to 1:200 Direct market access, faster execution Advanced traders Forex, commodities, indices
Pro $1,000 Fixed spreads Up to 1:100 Advanced trading tools, dedicated account manager Institutional Forex, commodities, indices
Islamic $100 Variable spreads Up to 1:500 Swap-free trading, compliant with Sharia law Muslim traders Forex, commodities, indices
Demo $0 N/A N/A Practice trading without risk All levels Forex, commodities, indices

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

Part 2: goldenhand Account Features Comparison

Detailed goldenhand Account Features

When comparing features across different goldenhand account types, the following aspects are crucial:

Feature Standard Account ECN Account Pro Account Islamic Account Demo Account
Minimum Deposit $100 $500 $1,000 $100 $0
Maximum Leverage 1:500 1:200 1:100 1:500 N/A
Spreads Variable Low Fixed Variable N/A
Commission Fees None Yes None None N/A
Lot Size Standard Micro Standard Standard N/A
Trading Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Execution Type Market ECN Market Market N/A
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
  • Suitable for beginners
  • Access to a wide range of instruments
  • ECN Account:
  • Direct market access
  • Low spreads
  • Suitable for high-frequency trading
  • Pro Account:
  • Fixed spreads
  • Dedicated account manager
  • Advanced trading tools
  • Islamic Account:
  • Compliant with Sharia law
  • Swap-free trading
  • Suitable for Muslim traders
  • Demo Account:
  • Risk-free trading environment
  • Practice trading strategies
  • 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 apply
  • Pro Account:
  • High minimum deposit
  • Limited to experienced traders
  • Islamic Account:
  • Limited features compared to other accounts
  • Not available for all traders
  • Demo Account:
  • No real money involved
  • Limited to practice only

Part 3: goldenhand Account Opening Requirements

goldenhand Account Registration Requirements

To open a goldenhand account, the following eligibility criteria and documentation are required:

  • Eligibility Criteria:

  • Age Requirements: Must be at least 18 years old.

  • Geographic Restrictions: Not available in certain countries (specific countries not listed).

  • Prohibited Countries: Specific countries may be restricted from opening accounts (not specified).

  • Identity Verification Documents Needed:

  • Valid government-issued ID (passport, driver's license).

  • Proof of residence (utility bill, bank statement).

  • Additional Documentation for Professional Accounts:

  • Business registration documents (if applicable).

  • Additional identification for account managers.

  • KYC/AML Compliance Procedures:

  • Completion of Know Your Customer (KYC) forms.

  • Anti-Money Laundering (AML) checks.

  • Verification Time Frames:

  • Account verification typically takes 1-3 business days.

Part 4: goldenhand Account Opening Process

Step-by-Step goldenhand Account Opening Guide

The process for opening a goldenhand account involves several steps:

  1. Visit the Website: Navigate to the goldenhand official website.
  2. Click Registration: Find and click on the registration button.
  3. Personal Information Entry: Fill in personal details such as name, email, and contact information.
  4. Choose Account Type: Select the desired account type based on your trading needs.
  5. Set Trading Preferences: Specify trading preferences and settings.
  6. Document Upload: Upload required identity verification documents.
  7. Account Verification: Wait for account verification, which may take 1-3 business days.
  8. Fund Your Account: Deposit the minimum required amount to activate your account.
  9. Start Trading: Once verified and funded, you can begin trading.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both desktop and mobile platforms, but the mobile interface may have simplified steps for ease of use.

Common Registration Issues and Solutions

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

Average Account Approval Time

  • The typical account approval time is between 1-3 business days.

How to Upgrade/Downgrade Account Types

  • Account types can be changed by contacting customer support and following the necessary procedures.

Part 5: goldenhand Demo Account Information

goldenhand Demo Account Guide

The demo account offered by goldenhand provides a risk-free environment for traders to practice their skills.

  • Demo Account Features and Benefits:

  • Access to all trading instruments.

  • Practice trading strategies without financial risk.

  • Simulated trading environment with real market conditions.

  • How to Open a Demo Account:

  • Visit the goldenhand website and select the demo account option.

  • Fill in the required information and submit.

  • Demo Account Limitations:

  • Limited to practice only; cannot withdraw funds.

  • May have a virtual balance cap.

  • Virtual Balance Amount:

  • Typically starts with a virtual balance of $10,000 (may vary).

  • Demo vs Live Account Differences:

  • Demo accounts do not involve real money.

  • Live accounts require a minimum deposit and involve real trading.

  • Duration/Expiry of Demo Accounts:

  • Demo accounts may expire after a set period (not specified).

Part 6: goldenhand Islamic Account (if available)

goldenhand Islamic Account Details

goldenhand offers an Islamic account option for traders who require a swap-free trading environment.

  • Swap-Free/Islamic Account Availability:

  • Yes, available for Muslim traders.

  • Eligibility Requirements:

  • Must provide documentation confirming the need for a swap-free account.

  • Differences from Standard Accounts:

  • No swap fees applied to overnight positions.

  • How to Apply for Islamic Account:

  • Select the Islamic account option during the registration process or contact customer support.

  • Restrictions or Special Conditions:

  • Must comply with Sharia law; specific trading conditions may apply.

FAQs – goldenhand Account Types & Opening

  1. What account types does goldenhand offer?
  • goldenhand offers Standard, ECN, Pro, Islamic, and Demo accounts.
  1. What is the minimum deposit for each account type?
  • Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: $0.
  1. How long does goldenhand account verification take?
  • Verification typically takes 1-3 business days.
  1. Does goldenhand offer demo accounts?
  • Yes, a demo account is available for practice trading.
  1. Can I have multiple account types with goldenhand?
  • Yes, traders can open multiple account types.
  1. Does goldenhand offer Islamic/swap-free accounts?
  • Yes, goldenhand offers Islamic accounts that are swap-free.
  1. What documents do I need to open a goldenhand account?
  • A valid 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.

Goldenhand accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Goldenhand Account