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Rating Index

Pros

Offers the popular MetaTrader 4 trading platform, known for its user-friendly interface and comprehensive trading tools.
Claims to provide market insights and communication channels to help clients understand market dynamics.
Has been operational for several years, indicating some level of experience in the forex trading space.

Cons

Lacks valid regulation, with all licenses either revoked or suspicious, raising concerns about customer protection and compliance.
Negative reputation with numerous complaints regarding withdrawal issues and potential fraud, indicating high risk for traders.
Limited transparency regarding trading conditions, account types, and fees, making it difficult for clients to assess the broker's reliability.

GTS broker Accounts

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

Part 1: gts Account Types Explained

Available Account Types

  1. Standard Account
  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Variable spreads starting from 1.0 pips
  • Leverage Options: Up to 1:500
  • Key Features: Basic trading tools, access to all major currency pairs, and educational resources.
  • Target User Profile: Beginners and casual traders.
  • Trading Instruments Available: Forex, commodities, indices.
  1. ECN Account
  • Minimum Deposit Requirement: $500
  • Spread/Commission Structure: Raw spreads from 0.0 pips with a commission of $3 per lot.
  • Leverage Options: Up to 1:200
  • Key Features: Direct market access, lower spreads, and faster execution.
  • Target User Profile: Experienced traders and scalpers.
  • Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.
  1. Pro Account
  • Minimum Deposit Requirement: $1,000
  • Spread/Commission Structure: Variable spreads starting from 0.5 pips with lower commissions.
  • Leverage Options: Up to 1:300
  • Key Features: Advanced trading tools, dedicated account manager, and priority support.
  • Target User Profile: Professional traders and institutions.
  • Trading Instruments Available: All instruments including forex, commodities, indices, and stocks.
  1. Islamic Account
  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Similar to Standard Account but swap-free.
  • Leverage Options: Up to 1:500
  • Key Features: Compliant with Sharia law, no swap fees.
  • Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
  • Trading Instruments Available: Forex, commodities, indices.
  1. Demo Account
  • Minimum Deposit Requirement: N/A (virtual funds)
  • Spread/Commission Structure: Same as Standard Account.
  • Leverage Options: Same as Standard Account.
  • Key Features: Practice trading with virtual funds, access to all trading tools.
  • Target User Profile: Beginners wanting to practice before trading live.
  • Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Account Type Minimum Deposit Spread Commission Leverage Key Features
Standard $100 From 1.0 pips N/A Up to 1:500 Basic tools, educational resources
ECN $500 From 0.0 pips $3/lot Up to 1:200 Direct market access, lower spreads
Pro $1,000 From 0.5 pips Lower than ECN Up to 1:300 Advanced tools, dedicated support
Islamic $100 Same as Standard N/A Up to 1:500 Swap-free, compliant with Sharia
Demo N/A Same as Standard N/A Same as Standard Practice trading, virtual funds

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

Part 2: Detailed gts 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: Up to 1:500

  • ECN: Up to 1:200

  • Pro: Up to 1:300

  • Islamic: Up to 1:500

  • Demo: Same as Standard

  • Spreads (Typical/Minimum):

  • Standard: From 1.0 pips

  • ECN: From 0.0 pips

  • Pro: From 0.5 pips

  • Islamic: Same as Standard

  • Demo: Same as Standard

  • Commission Fees:

  • Standard: N/A

  • ECN: $3 per lot

  • Pro: Lower than ECN

  • Islamic: N/A

  • Demo: N/A

  • Lot Size:

  • Standard: Micro, Mini, Standard

  • ECN: Micro, Mini, Standard

  • Pro: Micro, Mini, Standard

  • Islamic: Micro, Mini, Standard

  • Demo: Micro, Mini, Standard

  • Available Trading Platforms:

  • Standard: MT4, MT5

  • ECN: MT4, MT5

  • Pro: MT4, MT5, Proprietary

  • 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 balance, access to all trading tools, practice trading without risk.

Advantages and Disadvantages of Each Account Type

  • Standard Account:

  • Advantages: Low minimum deposit, educational resources, suitable for beginners.

  • Disadvantages: Higher spreads, limited advanced features.

  • ECN Account:

  • Advantages: Low spreads, fast execution, suitable for scalping.

  • Disadvantages: Higher minimum deposit, commission fees.

  • Pro Account:

  • Advantages: Advanced tools, lower commissions, priority support.

  • Disadvantages: Higher minimum deposit.

  • Islamic Account:

  • Advantages: Compliant with Islamic finance, no swap fees.

  • Disadvantages: Limited to Islamic traders.

  • Demo Account:

  • Advantages: Risk-free practice, access to all features.

  • Disadvantages: Virtual funds only, no real profits.

Part 3: gts Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Available to most countries; specific restrictions may apply.
  • Prohibited Countries: Countries under international sanctions may be restricted.
  • Identity Verification Documents Needed:
  • Government-issued ID (passport, drivers license).
  • Proof of address (utility bill, bank statement).
  • Proof of Residence Requirements: Recent document showing your name and address.
  • Additional Documentation for Professional Accounts: Business registration documents, tax identification number.

KYC/AML Compliance Procedures

  • All clients must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks during the registration process.

Verification Time Frames

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

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

Detailed Registration Process

  1. Visit Website and Click Registration: Go to the gts website and select the "Open Account" option.
  2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
  3. Choose Account Type: Select the account type that suits your trading needs.
  4. Set Trading Preferences: Specify your trading preferences and risk tolerance.
  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 approved, you can start trading.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both desktop and mobile platforms, but mobile may have additional verification steps via SMS.

Common Registration Issues and Solutions

  • Issue: Document upload fails.
  • Solution: Ensure documents are clear and in the correct format (PDF, JPEG).
  • Issue: Verification delays.
  • Solution: Contact customer support for updates.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

  • Log into your account, navigate to account settings, and select the option to upgrade or downgrade your account type.

Part 5: gts Demo Account Guide

Demo Account Features and Benefits

  • Features: Practice trading with virtual funds, access to all trading tools and platforms.
  • Benefits: Allows traders to hone their skills without financial risk.

How to Open a Demo Account

  • Select the "Open Demo Account" option on the gts website and follow the registration steps.

Demo Account Limitations

  • Limited to virtual trading; no real profits can be made.

Virtual Balance Amount

  • Typically, demo accounts come with a virtual balance of $100,000.

Demo vs Live Account Differences

  • Demo accounts use virtual funds; live accounts involve real capital and risks.

Duration/Expiry of Demo Accounts

  • Demo accounts usually remain active for 30-90 days, depending on the broker's policy.

Part 6: gts Islamic Account Details

Swap-Free/Islamic Account Availability

  • gts 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, making them compliant 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 specific trading conditions, such as limits on certain instruments.

FAQs – gts Account Types & Opening

  1. What account types does gts offer?
  • gts 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 gts account verification take?
  • Verification typically takes 1-3 business days.
  1. Does gts offer demo accounts?
  • Yes, gts offers demo accounts for practice trading.
  1. Can I have multiple account types with gts?
  • Yes, clients can open multiple account types.
  1. Does gts offer Islamic/swap-free accounts?
  • Yes, gts provides Islamic accounts that are compliant with Sharia law.
  1. What documents do I need to open a gts account?
  • A government-issued ID and proof of residence are required.
  1. Can I change my account type after registration?
  • Yes, you can upgrade or downgrade your account type through your account settings.

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