GOLDSTONE broker Accounts

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

goldstone Account Types Explained

Goldstone offers a variety of account types tailored to meet the diverse needs of traders. Below is an overview of the available account types, including their features, minimum deposit requirements, and target user profiles.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Fixed spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features:
• Access to 500+ trading instruments
• User-friendly trading platform
• Educational resources available
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies

2. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.0 pips with a commission of $3 per lot
• Leverage Options: Up to 1:500
• Key Features:
• Advanced trading tools and analytics
• Priority customer support
• Access to professional trading platforms
• Target User Profile: Intermediate to advanced traders
• Trading Instruments Available: Forex, commodities, indices, stocks, and cryptocurrencies

3. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features:
• Swap-free trading conditions
• Compliance with Sharia law
• Target User Profile: Muslim traders seeking halal trading options
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies

4. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Simulated market conditions
• Leverage Options: N/A
• Key Features:
• Virtual trading environment
• Access to all trading tools and features
• No risk of losing real money
• Target User Profile: Beginners and traders testing strategies
• Trading Instruments Available: Same as live accounts

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed goldstone Account Features

Feature Comparison Across Different Account Types

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• Fixed spreads for easier budgeting

• Ideal for beginners

• Pro Account:

• Tight spreads for cost-effective trading

• Access to advanced tools and analytics

• Suitable for serious traders

• Islamic Account:

• Complies with Islamic finance principles

• No swap fees

• Suitable for Muslim traders

• Demo Account:

• Risk-free environment for practice

• Full access to trading features

• Ideal for testing strategies

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to Pro Account

• Limited advanced features

• Pro Account:

• Higher minimum deposit requirement

• Commission fees may add up for frequent traders

• Islamic Account:

• Limited to specific trading conditions

• May not be available for all instruments

• Demo Account:

• No real profit potential

• Limited duration for practice

goldstone Account Registration Requirements

Eligibility Criteria

• Age Requirements: Minimum age of 18 years
• Geographic Restrictions: Available in most countries, but may be restricted in certain regions due to regulatory compliance.
• Prohibited Countries: Specific countries may be restricted; check with Goldstone for details.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Recent documents showing your current address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• Goldstone adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and source of funds.

Verification Time Frames

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

Step-by-Step goldstone Account Opening Guide

Detailed Registration Process

1. Visit the Website: Go to the Goldstone homepage.
2. Click Registration: Locate and click on the "Register" button.
3. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
4. Choose Account Type: Select the desired account type (Standard, Pro, Islamic, or Demo).
5. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
6. Document Upload: Upload required identification and proof of residence documents.
7. Account Verification: Wait for the verification process to be completed.
8. Fund Your Account: Deposit the minimum required amount to start trading.
9. Start Trading: Access your account and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though the mobile interface may be more streamlined for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are in the correct format and under the size limit.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• The average time for account approval is between 1 to 3 business days, depending on the completeness of the submitted documents.

How to Upgrade/Downgrade Account Types

• Users can request an upgrade or downgrade through their account management dashboard or by contacting customer support.

goldstone Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies.
• Access to all trading tools and features available in live accounts.
• Ideal for beginners to learn the trading platform.

How to Open a Demo Account

• Follow the same registration process as for live accounts, but select "Demo Account" during the account type selection.

Demo Account Limitations

• Virtual funds only; cannot withdraw profits.
• Limited duration or expiry may apply based on the provider's terms.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $10,000 or more, depending on the broker's offering.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money and trading conditions.

Duration/Expiry of Demo Accounts

• Demo accounts may expire after a certain period, usually 30 to 90 days, unless extended by the broker.

goldstone Islamic Account Details

Swap-Free/Islamic Account Availability

• Goldstone offers Islamic accounts that comply with Sharia law, allowing Muslim traders to engage in trading without incurring swap fees.

Eligibility Requirements

• Traders must declare their intention to open an Islamic account during the registration process.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and may have specific trading conditions to comply with Islamic finance principles.

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 restrictions on certain trading strategies that involve interest.

FAQs – goldstone Account Types & Opening

1. What account types does goldstone offer？

• Goldstone offers Standard, Pro, Islamic, and Demo accounts.

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

• Standard Account: $100, Pro Account: $1,000, Islamic Account: $100, Demo Account: N/A.

1. How long does goldstone account verification take？

• Verification typically takes 1 to 3 business days.

1. Does goldstone offer demo accounts？

• Yes, Goldstone provides demo accounts for practice trading.

1. Can I have multiple account types with goldstone？

• Yes, traders can open multiple account types as needed.

1. Does goldstone offer Islamic/swap-free accounts？

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

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

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

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.