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Rating Index

Pros

Offers a range of trading instruments, including forex and futures.
Provides customer support through email and phone for user inquiries.
Has been operational for several years, indicating some level of experience in the market.

Cons

Lacks a valid regulatory license, raising concerns about its legitimacy and safety.
Has received a low score on risk management, indicating high potential risks for traders.
Reports of customer complaints and issues with withdrawals suggest poor service quality.

Guowang broker Accounts

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

Part 1: guowang Account Types Overview

guowang Account Types Explained

Guowang offers several account types tailored to different trading needs and expertise levels. Below are the available account types along with their key features:

Account Type Minimum Deposit Spread/Commission Leverage Options Key Features Target User Profile Trading Instruments
Standard $100 Variable Spread Up to 1:500 Basic features, suitable for beginners Beginner Forex, CFDs
ECN $500 Low Spread + Commission Up to 1:200 Direct market access, faster execution Advanced Forex, Commodities
Pro $1,000 Fixed Spread Up to 1:100 Advanced trading tools, lower spreads Institutional Forex, Indices
Islamic $500 Variable Spread Up to 1:500 Swap-free, compliant with Sharia law Muslim traders Forex, CFDs
Demo N/A N/A N/A Practice trading without risk All levels Forex, CFDs

  • Beginner: Standard Account
  • Intermediate: ECN Account
  • Advanced/Institutional: Pro Account
  • Muslim Traders: Islamic Account
  • Practice: Demo Account

Part 2: guowang Account Features Comparison

Detailed guowang Account Features

The following table compares features across different guowang account types:

Feature Standard Account ECN Account Pro Account Islamic Account
Minimum Deposit $100 $500 $1,000 $500
Maximum Leverage 1:500 1:200 1:100 1:500
Spreads (Typical) Variable Low Fixed Variable
Commission Fees None Yes None None
Lot Size Micro/Standard Standard Standard Micro/Standard
Available Trading Platforms MT4/MT5 MT4/MT5 MT4/MT5 MT4/MT5
Execution Type Market ECN Market Market
Islamic Account Availability No No No Yes
Swap-free Options No No No Yes
Demo Account Features Yes Yes Yes Yes

Advantages of Each Account Type

  • Standard Account:

  • Low minimum deposit

  • User-friendly for beginners

  • Access to a wide range of instruments

  • ECN Account:

  • Lower spreads

  • Direct market access

  • Ideal for high-frequency trading

  • Pro Account:

  • Fixed spreads for better predictability

  • Advanced trading tools available

  • Suitable for institutional clients

  • Islamic Account:

  • Compliant with Sharia law

  • Swap-free trading

  • Available for Muslim traders

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 requirement

  • Not suitable for beginners

  • Islamic Account:

  • Limited availability of features compared to Standard

  • Higher minimum deposit than Standard

Part 3: guowang Account Opening Requirements

guowang Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Available to most countries, but specific restrictions may apply.
  • Prohibited Countries: Not specified in available data.
  • Identity Verification Documents Needed:
  • Valid passport
  • Government-issued ID
  • Proof of Residence Requirements:
  • Utility bill or bank statement with your name and address.
  • Additional Documentation for Professional Accounts: May require business registration documents.

KYC/AML Compliance Procedures

  • All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
  • Verification of identity and residence is mandatory.

Verification Time Frames

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

Part 4: guowang Account Opening Process

Step-by-Step guowang Account Opening Guide

  1. Visit Website and Click Registration: Go to the official guowang website and find the registration button.
  2. Personal Information Entry: Fill in personal details including name, email, and phone number.
  3. Choose Account Type: Select the account type that suits your trading needs.
  4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
  5. Document Upload: Upload required identity verification documents.
  6. Account Verification: Wait for the verification process to be completed.
  7. Fund Your Account: Deposit the minimum required amount to activate your account.
  8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

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

Common Registration Issues and Solutions

  • Issue: Document not accepted.

    Solution: Ensure documents are clear and meet the requirements.

  • Issue: Verification delays.

    Solution: Contact customer support for assistance.

Average Account Approval Time

  • The average time for account approval is 1-3 business days.

How to Upgrade/Downgrade Account Types

  • Users can request to change their account type through customer support or the account management section on the website.

Part 5: guowang Demo Account Information

guowang Demo Account Guide

Demo Account Features and Benefits

  • Practice trading without financial risk.
  • Access to the same trading platforms and instruments as live accounts.

How to Open a Demo Account

  • Follow the same registration process but select the demo account option.

Demo Account Limitations

  • Limited time access (usually 30 days).
  • Virtual funds may not reflect real market conditions.

Virtual Balance Amount

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

Demo vs Live Account Differences

  • Demo accounts do not involve real money; live accounts require actual funds.

Duration/Expiry of Demo Accounts

  • Most demo accounts expire after 30 days, but can sometimes be extended upon request.

Part 6: guowang Islamic Account Details

guowang Islamic Account Details

Swap-free/Islamic Account Availability

  • Yes, guowang offers an Islamic account option.

Eligibility Requirements

  • Must be a practicing Muslim to qualify for the Islamic account.

Differences from Standard Accounts

  • Islamic accounts are swap-free and comply with Sharia law.

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 different trading conditions compared to standard accounts.

FAQs – guowang Account Types & Opening

  1. What account types does guowang offer?
  • Guowang 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.
  1. How long does guowang account verification take?
  • Verification typically takes 1-3 business days.
  1. Does guowang offer demo accounts?
  • Yes, guowang provides demo accounts for practice trading.
  1. Can I have multiple account types with guowang?
  • Yes, users can have multiple account types.
  1. Does guowang offer Islamic/swap-free accounts?
  • Yes, guowang offers Islamic accounts that are swap-free.
  1. What documents do I need to open a guowang account?
  • A valid passport, government-issued ID, and proof of residence.
  1. Can I change my account type after registration?
  • Yes, you can request to change your account type through customer support.

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