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Rating Index

Pros

Reputed training programs and resources available for new recruits.
Flexible work environment allowing remote work and a good work-life balance.
Potential for high earnings based on performance with uncapped commission structure.

Cons

Lack of a base salary, leading to financial instability for new employees.
High pressure to meet performance metrics, which can create a stressful work atmosphere.
High turnover rate, with many employees leaving within the first few months.

GPAC broker Accounts

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

Part 1: gpac Account Types Explained

Available Account Types

  1. GPAC Standard Account
  • Minimum Deposit: $100
  • Spread/Commission Structure: Variable spreads starting from 1.5 pips
  • Leverage Options: Up to 1:500
  • Key Features: User-friendly interface, multi-currency support, basic trading tools
  • Target User Profile: Beginners and retail traders
  • Trading Instruments Available: Forex, commodities, indices
  1. GPAC ECN Account
  • Minimum Deposit: $500
  • Spread/Commission Structure: Low spreads from 0.1 pips + commission of $3 per lot
  • Leverage Options: Up to 1:200
  • Key Features: Direct market access, faster execution, no requotes
  • Target User Profile: Experienced traders and scalpers
  • Trading Instruments Available: Forex, commodities, cryptocurrencies
  1. GPAC Pro Account
  • Minimum Deposit: $1,000
  • Spread/Commission Structure: Fixed spreads starting from 1.0 pip
  • Leverage Options: Up to 1:100
  • Key Features: Advanced trading tools, priority customer support, dedicated account manager
  • Target User Profile: Professional traders and institutions
  • Trading Instruments Available: Forex, commodities, indices, stocks
  1. GPAC Islamic Account
  • Minimum Deposit: $100
  • Spread/Commission Structure: Similar to Standard Account
  • Leverage Options: Up to 1:500
  • Key Features: Swap-free trading, compliant with Sharia law
  • Target User Profile: Muslim traders
  • Trading Instruments Available: Forex, commodities, indices
  1. GPAC Demo Account
  • Minimum Deposit: N/A (virtual funds)
  • Spread/Commission Structure: Same as Standard Account
  • Leverage Options: Up to 1:500
  • Key Features: Practice trading without risk, access to all trading tools
  • Target User Profile: Beginners and those wanting to test 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 1:500 Beginners
ECN $500 From 0.1 pips $3 per lot 1:200 Experienced traders
Pro $1,000 From 1.0 pip None 1:100 Professional traders
Islamic $100 Same as Standard None 1:500 Muslim traders
Demo N/A Same as Standard None 1:500 Beginners and strategy testers

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

Part 2: Detailed gpac 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: 1:500

  • ECN: 1:200

  • Pro: 1:100

  • Islamic: 1:500

  • Demo: 1:500

  • Spreads:

  • Standard: From 1.5 pips

  • ECN: From 0.1 pips

  • Pro: From 1.0 pip

  • Islamic: Same as Standard

  • Demo: Same as Standard

  • Commission Fees:

  • Standard: None

  • ECN: $3 per lot

  • Pro: None

  • Islamic: None

  • Demo: None

  • Lot Size:

  • Standard: Micro, Mini, Standard

  • ECN: Micro, Mini, Standard

  • Pro: Standard

  • Islamic: Micro, Mini, Standard

  • Demo: Micro, Mini, 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: Instant

  • Islamic: Market

  • Demo: Market

  • Islamic Account Availability:

  • Standard: Yes

  • ECN: Yes

  • Pro: Yes

  • Islamic: N/A

  • Demo: N/A

  • Swap-Free Options:

  • Standard: Yes

  • ECN: Yes

  • Pro: Yes

  • Islamic: N/A

  • Demo: N/A

  • Demo Account Features:

  • Virtual funds for practice

  • Access to all trading tools

  • Duration: 30 days (renewable)

Advantages of Each Account Type

  • Standard Account:
  • Low minimum deposit
  • User-friendly interface
  • Suitable for beginners
  • ECN Account:
  • Low spreads
  • Fast execution
  • Ideal for scalping
  • Pro Account:
  • Advanced trading tools
  • Personalized support
  • Suitable for professional trading
  • Islamic Account:
  • Compliant with Sharia law
  • No swap fees
  • Available for all trading instruments
  • Demo Account:
  • Risk-free trading
  • Practice strategies
  • Access to all features

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
  • Not suitable for beginners
  • Islamic Account:
  • Limited to Muslim traders
  • May have restrictions on certain instruments
  • Demo Account:
  • Limited duration
  • Virtual funds may not reflect real trading conditions

Part 3: gpac Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Available to residents of most countries; check specific restrictions.
  • Prohibited Countries: Residents from countries under international sanctions may be restricted.
  • Identity Verification Documents Needed:
  • Government-issued ID (passport or national ID)
  • Proof of income (bank statement or payslip)
  • Proof of Residence Requirements:
  • Utility bill or bank statement with your name and address.
  • Additional Documentation for Professional Accounts:
  • Proof of trading experience or financial qualifications.

KYC/AML Compliance Procedures

  • gpac adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and source of funds.

Verification Time Frames

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

Part 4: Step-by-Step gpac Account Opening Guide

Registration Process

  1. Visit Website and Click Registration: Go to the gpac website and select the registration option.
  2. Personal Information Entry: Fill out your personal details, including name, email, and phone number.
  3. Choose Account Type: Select the account type that best fits your trading needs.
  4. Set Trading Preferences: Indicate your preferred trading platform and leverage options.
  5. Document Upload: Upload required identity verification and proof of residence documents.
  6. Account Verification: Wait for the verification process to complete.
  7. Fund Your Account: Deposit the minimum required amount to start trading.
  8. Start Trading: Access your account and begin trading.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both desktop and mobile, but mobile users may have a more streamlined interface.

Common Registration Issues and Solutions

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

Average Account Approval Time

  • Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

  • Account types can be changed by contacting customer support and submitting a request for the desired account type.

Part 5: gpac Demo Account Guide

Demo Account Features and Benefits

  • Practice trading with virtual funds.
  • Access to all trading tools and features.
  • Ideal for testing strategies without financial risk.

How to Open a Demo Account

  • Follow the same registration process as for a live account but select the demo account option.

Demo Account Limitations

  • Limited duration of 30 days, renewable upon request.

Virtual Balance Amount

  • Typically, demo accounts come with a virtual balance of $10,000.

Demo vs Live Account Differences

  • Demo accounts use virtual funds and do not involve real trading risks or profits.

Duration/Expiry of Demo Accounts

  • Demo accounts expire after 30 days but can be renewed by contacting customer support.

Part 6: gpac Islamic Account Details

Swap-Free/Islamic Account Availability

  • gpac offers Islamic accounts that comply with Sharia law, ensuring no swap fees are charged.

Eligibility Requirements

  • Must be a Muslim trader.

Differences from Standard Accounts

  • Islamic accounts do not incur swap fees and have similar features to standard accounts.

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 restrictions on certain trading instruments.

FAQs – gpac Account Types & Opening

  1. What account types does gpac offer?
  • GPAC 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: N/A.
  1. How long does gpac account verification take?
  • Verification typically takes 1-3 business days.
  1. Does gpac offer demo accounts?
  • Yes, gpac offers demo accounts for practice trading.
  1. Can I have multiple account types with gpac?
  • Yes, you can hold multiple account types.
  1. Does gpac offer Islamic/swap-free accounts?
  • Yes, gpac offers Islamic accounts compliant with Sharia law.
  1. What documents do I need to open a gpac account?
  • A government-issued ID and proof of residence are required.
  1. Can I change my account type after registration?
  • Yes, you can change your account type by contacting customer support.

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