GTM broker Accounts

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

gtm Account Types Explained

GTM offers several account types tailored to different trading needs and preferences. Below is a detailed overview of each account type, including their features, minimum deposit requirements, and target user profiles.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: Basic trading tools, access to major currency pairs
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, indices

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads from 0.0 pips + $3 commission per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds
• Target User Profile: Experienced traders and scalpers
• Trading Instruments Available: Forex, commodities, cryptocurrencies

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 1.0 pip with lower commissions
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, ETFs

4. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or Pro accounts
• Leverage Options: Up to 1:200
• Key Features: Swap-free trading to comply with Islamic law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

5. Demo Account

• Minimum Deposit Requirement: Virtual balance (typically $100,000)
• Spread/Commission Structure: Mimics live account spreads
• Leverage Options: Up to 1:500
• Key Features: Risk-free trading environment, full access to trading tools
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed gtm Account Features

Minimum Deposit

• Standard Account: $100
• ECN Account: $500
• Pro Account: $1,000
• Islamic Account: $500
• Demo Account: Virtual balance

Maximum Leverage

• Standard Account: Up to 1:500
• ECN Account: Up to 1:200
• Pro Account: Up to 1:300
• Islamic Account: Up to 1:200
• Demo Account: Up to 1:500

Spreads (Typical/Minimum)

• Standard Account: From 1.5 pips
• ECN Account: From 0.0 pips
• Pro Account: From 1.0 pip
• Islamic Account: Similar to Standard or Pro
• Demo Account: Mimics live account spreads

Commission Fees

• Standard Account: None
• ECN Account: $3 per lot
• Pro Account: Lower rates
• Islamic Account: None
• Demo Account: None

Lot Size

• Standard Account: Standard lots
• ECN Account: Micro, mini, and standard lots
• Pro Account: Standard lots
• Islamic Account: Standard lots
• Demo Account: Standard lots

Available Trading Platforms

• Standard Account: MT4, MT5
• ECN Account: MT4, MT5
• Pro Account: MT4, MT5
• Islamic Account: MT4, MT5
• Demo Account: MT4, MT5

Execution Type

• Standard Account: Market execution
• ECN Account: ECN execution
• Pro Account: Market execution
• Islamic Account: Market execution
• Demo Account: Market execution

Islamic Account Availability

• Islamic Account: Available
• Standard Account: Not applicable
• ECN Account: Not applicable
• Pro Account: Not applicable
• Demo Account: Not applicable

Swap-Free Options

• Standard Account: Not applicable
• ECN Account: Not applicable
• Pro Account: Not applicable
• Islamic Account: Available
• Demo Account: Not applicable

Demo Account Features

• Virtual Balance Amount: Typically $100,000
• Duration/Expiry: Usually 30 days or as specified
• Differences from Live Account: No real money involved, same trading conditions

Advantages of Each Account Type

• Standard Account: Low minimum deposit, easy for beginners.
• ECN Account: Tight spreads, direct market access.
• Pro Account: Advanced tools, suitable for professionals.
• Islamic Account: Complies with Islamic law, no swaps.
• Demo Account: Risk-free environment for practice.

Disadvantages of Each Account Type

• Standard Account: Limited features compared to Pro/ECN.
• ECN Account: Higher minimum deposit, commissions apply.
• Pro Account: Higher minimum deposit.
• Islamic Account: May have limited trading instruments.
• Demo Account: No real profit, limited duration.

gtm Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Varies by country; check local regulations.
• Prohibited Countries: Specific countries may be restricted; consult GTM's terms.

Identity Verification Documents Needed

• Proof of Identity: Government-issued ID (passport, driver's license).
• Proof of Residence: Utility bill, bank statement, or lease agreement.

Additional Documentation for Professional Accounts

• Financial statements or proof of trading experience may be required.

KYC/AML Compliance Procedures

• GTM adheres to 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.

Step-by-Step gtm Account Opening Guide

Registration Process

1. Visit Website: Go to the GTM homepage.
2. Click Registration: Find the registration button.
3. Personal Information Entry: Fill in your details (name, email, etc.).
4. Choose Account Type: Select the desired account type.
5. Set Trading Preferences: Specify your trading settings.
6. Document Upload: Upload required verification documents.
7. Account Verification: Wait for the verification process.
8. Fund Your Account: Deposit funds to start trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but the mobile interface may have simplified navigation.

Common Registration Issues and Solutions

• Issue: Document rejection.

  Solution: Ensure documents are clear and meet requirements.

• Issue: Email verification not received.

  Solution: Check spam/junk folders.

Average Account Approval Time

• Typically 1-3 business days, depending on document verification.

How to Upgrade/Downgrade Account Types

• Log into your account and navigate to account settings to request changes.

gtm Demo Account Guide

Demo Account Features and Benefits

• Allows practice trading without financial risk.
• Full access to trading tools and platforms.

How to Open a Demo Account

• Follow the same registration steps as for a live account, selecting the demo option.

Demo Account Limitations

• Limited duration and no real financial transactions.

Virtual Balance Amount

• Typically set at $100,000 for practice.

Demo vs Live Account Differences

• Demo accounts use virtual funds; live accounts involve real money.

Duration/Expiry of Demo Accounts

• Usually lasts for 30 days unless extended.

gtm Islamic Account Details

Swap-Free/Islamic Account Availability

• Available for traders who require compliance with Islamic finance principles.

Eligibility Requirements

• Must provide documentation confirming Islamic compliance.

Differences from Standard Accounts

• No swap fees applied, similar trading conditions otherwise.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process.

Restrictions or Special Conditions

• May have limitations on certain trading instruments.

FAQs – gtm Account Types & Opening

1. What account types does gtm offer？

• GTM 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: Virtual balance.

1. How long does gtm account verification take？

• Verification typically takes 1-3 business days.

1. Does gtm offer demo accounts？

• Yes, GTM offers demo accounts for practice trading.

1. Can I have multiple account types with gtm？

• Yes, you can have multiple account types.

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

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

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

• 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 account settings.