Grassi broker Accounts

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

Part 1: grassi Account Types Overview

grassi Account Types Explained

Grassi offers several account types to cater to different trading needs and preferences. Below is a detailed overview of each account type available:

Recommended Account Types by Trader Level

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

Part 2: grassi Account Features Comparison

Detailed grassi Account Features

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

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:100

• Islamic: Up to 1:200

• Demo: N/A

• Spreads (Typical/Minimum):

• Standard: Variable spreads

• ECN: Low spreads + commission

• Pro: Fixed spreads + lower commission

• Islamic: Variable spreads

• Demo: N/A

• Commission Fees:

• Standard: None

• ECN: Yes, based on trading volume

• Pro: Lower commission rates

• Islamic: None

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• All accounts: MT4, MT5, proprietary platforms

• Execution Type:

• Standard: Market execution

• ECN: ECN execution

• Pro: Instant execution

• Islamic: Market execution

• Demo: Market execution

• Islamic Account Availability:

• Yes, for Islamic account holders.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Virtual trading environment, access to all trading instruments.

Advantages and Disadvantages of Each Account Type

Standard Account:

• Advantages:
• Low minimum deposit
• No commission fees
• Suitable for beginners
• Disadvantages:
• Higher spreads compared to ECN and Pro accounts

ECN Account:

• Advantages:
• Low spreads
• Direct market access
• Fast execution
• Disadvantages:
• Higher minimum deposit
• Commission fees apply

Pro Account:

• Advantages:
• Tailored for professionals
• Lower commission rates
• Fixed spreads
• Disadvantages:
• Higher minimum deposit required

Islamic Account:

• Advantages:
• Compliant with Islamic law
• Swap-free trading
• Disadvantages:
• Limited availability of certain features

Demo Account:

• Advantages:
• Risk-free trading
• Access to all trading instruments
• Disadvantages:
• No real money involved

Part 3: grassi Account Opening Requirements

grassi Account Registration Requirements

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

• Eligibility Criteria:

• Age Requirements: Minimum age of 18 years.

• Geographic Restrictions: Available to residents of most countries; specific restrictions may apply.

• Prohibited Countries: Countries under international sanctions may be restricted.

• Identity Verification Documents Needed:

• Government-issued ID (passport or drivers license).

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

• Additional Documentation for Professional Accounts:

• Business registration documents (for corporate accounts).

• Financial statements (if applicable).

• KYC/AML Compliance Procedures:

• Clients must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

• Verification Time Frames:

• Account verification typically takes 1-3 business days.

Part 4: grassi Account Opening Process

Step-by-Step grassi Account Opening Guide

1. Visit Website and Click Registration: Navigate to the grassi website and select the registration option.
2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
3. Choose Account Type: Select the desired account type from the options available.
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once funded, you can begin trading.

• Desktop vs Mobile Registration Differences: The registration process is similar on both platforms, though mobile may have app-specific features.
• Common Registration Issues and Solutions: Ensure all documents are clear and legible; contact support for assistance with any issues.
• Average Account Approval Time: Generally, accounts are approved within 1-3 business days.
• How to Upgrade/Downgrade Account Types: Contact customer support to request changes to your account type.

Part 5: grassi Demo Account Information

grassi Demo Account Guide

• Demo Account Features and Benefits:

• Allows traders to practice without financial risk.

• Access to all trading instruments available in live accounts.

• How to Open a Demo Account:

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

• Fill in the required information and create your demo account.

• Demo Account Limitations:

• Limited duration based on the brokers policy (usually 30 days).

• Virtual Balance Amount:

• Typically provided with a virtual balance of $10,000 or more.

• Demo vs Live Account Differences:

• Demo accounts simulate trading conditions but do not involve real money.

• Duration/Expiry of Demo Accounts:

• Demo accounts usually expire after 30 days, but extensions may be available upon request.

Part 6: grassi Islamic Account (if available)

grassi Islamic Account Details

• Swap-Free/Islamic Account Availability:

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

• Eligibility Requirements:

• Must be a practicing Muslim.

• Differences from Standard Accounts:

• Islamic accounts do not incur swap fees for overnight positions.

• 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 trading conditions that differ from standard accounts.

FAQs – grassi Account Types & Opening

1. What account types does grassi offer？

• Grassi 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: $500, Demo: N/A.

1. How long does grassi account verification take？

• Account verification typically takes 1-3 business days.

1. Does grassi offer demo accounts？

• Yes, grassi provides demo accounts for practice trading.

1. Can I have multiple account types with grassi？

• Yes, clients can hold multiple account types.

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

• Yes, grassi offers Islamic accounts that are swap-free.

1. What documents do I need to open a grassi 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 change your account type through customer support.