GTF broker Accounts

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

gtf Account Types Explained

GTF offers a variety of account types tailored to meet the needs of different traders. Below is a detailed overview of the available account types, including their features and target user profiles.

1. Standard Account

• Minimum Deposit Requirement: $10
• Spread/Commission Structure: Spreads from 1.3 pips, no commission
• Leverage Options: Up to 1:1000
• Key Features: No trading restrictions, negative balance protection
• Target User Profile: Suitable for beginners
• Trading Instruments Available: FX Pairs, Equity Indices, Metals, Energies, Stocks

2. ECN Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Raw spreads from 0.0 pips, $3 per side commission
• Leverage Options: Up to 1:1000
• Key Features: Direct market access, no dealing desk intervention
• Target User Profile: Ideal for advanced traders
• Trading Instruments Available: FX Pairs, Equity Indices, Metals, Energies, Stocks

3. Pro Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Spreads from 0.5 pips, no commission
• Leverage Options: Up to 1:1000
• Key Features: Designed for all traders, with competitive spreads
• Target User Profile: Suitable for intermediate traders
• Trading Instruments Available: FX Pairs, Equity Indices, Metals, Energies, Stocks

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard or Pro accounts, but swap-free
• Leverage Options: Up to 1:1000
• Key Features: Complies with Islamic finance principles
• Target User Profile: Muslim traders seeking compliance with Sharia law
• Trading Instruments Available: FX Pairs, Equity Indices, Metals, Energies, Stocks

5. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000)
• Spread/Commission Structure: Similar to live accounts
• Leverage Options: Up to 1:1000
• Key Features: Practice trading without financial risk
• Target User Profile: Beginners and experienced traders testing strategies
• Trading Instruments Available: FX Pairs, Equity Indices, Metals, Energies, Stocks

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed gtf Account Features

Feature Comparison Across Different Account Types

Advantages of Each Account Type

• Standard Account:
• Low minimum deposit
• No commission fees
• User-friendly for beginners
• ECN Account:
• Tight spreads
• Direct market access
• Ideal for scalpers and high-frequency traders
• Pro Account:
• Competitive spreads
• No commission fees
• Suitable for various trading strategies
• Islamic Account:
• Complies with Sharia law
• No swap fees
• Suitable for Muslim traders
• Demo Account:
• Risk-free trading environment
• Ideal for testing strategies
• Allows practice without financial commitment

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN
• Limited features for advanced traders
• ECN Account:
• Higher minimum deposit
• Commission fees apply
• Pro Account:
• Not as low spreads as ECN
• May not suit all trading styles
• Islamic Account:
• Limited availability of features
• May have restrictions on trading strategies
• Demo Account:
• No real financial gains
• Limited duration for practice

gtf Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old
• Geographic Restrictions: Available in most countries, but specific restrictions may apply
• Prohibited Countries: Not specified in the sources
• Identity Verification Documents Needed:
• Government-issued ID (passport, driver's license)
• Proof of residence (utility bill, bank statement)
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience

KYC/AML Compliance Procedures

• GTF adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and residence.

Verification Time Frames

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

Step-by-Step gtf Account Opening Guide

gtf Account Opening Process

1. Visit Website and Click Registration: Navigate to the GTF website and select the registration option.
2. Personal Information Entry: Fill out personal details including name, email, and contact information.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Specify trading preferences such as leverage and trading instruments.
5. Document Upload: Upload 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 verified and funded, you can begin trading.

Desktop vs Mobile Registration Differences

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

Common Registration Issues and Solutions

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

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Users can contact customer support to request changes to their account type, subject to the terms and conditions of GTF.

gtf Demo Account Guide

Demo Account Features and Benefits

• Allows users to practice trading with virtual funds.
• Provides access to the same trading platforms and instruments as live accounts.

How to Open a Demo Account

• Follow the same registration process as for live accounts, selecting the demo option.

Demo Account Limitations

• No real financial gains can be made.
• May have a limited duration or virtual balance.

Virtual Balance Amount

• Typically set at $10,000 for practice.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real deposits and can generate actual profits or losses.

Duration/Expiry of Demo Accounts

• Demo accounts may expire after a certain period, often around 30 days, unless extended.

gtf Islamic Account Details

Swap-Free/Islamic Account Availability

• GTF offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must be a Muslim trader seeking a swap-free trading environment.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and have specific trading conditions.

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 or instruments.

FAQs – gtf Account Types & Opening

1. What account types does gtf offer？

• GTF offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $10, ECN: $100, Pro: $100, Islamic: $100, Demo: Virtual funds.

1. How long does gtf account verification take？

• Verification typically takes 1-3 business days.

1. Does gtf offer demo accounts？

• Yes, GTF offers demo accounts for practice trading.

1. Can I have multiple account types with gtf？

• Yes, users can have multiple account types, subject to terms.

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

• Yes, GTF provides Islamic accounts that comply with Sharia law.

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

• Government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, account types can be changed by contacting customer support.