ISGOLD broker Accounts

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

Part 1: isgold Account Types Explained

Available Account Types

1. Standard Account

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

1. ECN Account

• Minimum Deposit: $500
• Spread/Commission Structure: Spreads from 0.1 pips with a commission of $5 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, low latency execution
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices

1. Pro Account

• Minimum Deposit: $1,000
• Spread/Commission Structure: Fixed spreads from 0.5 pips, commission varies
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools, priority support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. Islamic Account

• Minimum Deposit: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts but swap-free
• Leverage Options: Up to 1:200
• Key Features: Compliant with Sharia law, no overnight fees
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities

1. Demo Account

• Minimum Deposit: Virtual balance of $10,000
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Same as Standard Account
• Key Features: Risk-free trading environment, practice strategies
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Forex, commodities

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: isgold Account Features Comparison

Detailed isgold Account Features

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: Virtual balance of $10,000

• Maximum Leverage:

• Standard: Up to 1:100

• ECN: Up to 1:200

• Pro: Up to 1:300

• Islamic: Up to 1:200

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.1 pips

• Pro: From 0.5 pips

• Islamic: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: Varies

• Islamic: None

• Lot Size:

• Standard: Micro (0.01 lots)

• ECN: Mini (0.1 lots)

• Pro: Standard (1 lot)

• Islamic: Micro (0.01 lots)

• Available Trading Platforms:

• All account types: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: Instant

• Pro: Market

• Islamic: Market

• Islamic Account Availability:

• Yes, for Islamic Account

• Swap-Free Options:

• Available for Islamic Account

• Demo Account Features:

• Virtual balance, access to all trading instruments, same trading conditions as live accounts

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly for beginners

• Access to essential trading tools

• ECN Account:

• Tight spreads

• Direct market access

• Suitable for high-frequency trading

• Pro Account:

• Advanced trading tools

• High leverage options

• Priority customer support

• Islamic Account:

• Compliant with Sharia law

• No overnight fees

• Flexible trading conditions

• Demo Account:

• Risk-free environment

• Practice trading strategies

• Familiarization with trading platforms

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees may add to trading costs

• Pro Account:

• Requires significant capital

• Complexity may overwhelm beginners

• Islamic Account:

• Limited to Muslim traders

• May have fewer features compared to Pro

• Demo Account:

• No real profits can be made

• Limited duration for practice

Part 3: isgold Account Registration Requirements

Eligibility Criteria

• Age Requirements: Minimum age of 18 years
• Geographic Restrictions: Available in most countries, but may be restricted in certain jurisdictions
• Prohibited Countries: Specific countries may be restricted due to regulatory compliance (details not provided)
• Identity Verification Documents Needed:
• Government-issued ID (passport, national ID)
• Proof of residence (utility bill, bank statement)
• Proof of Residence Requirements: Recent utility bill or bank statement dated within the last three months
• Additional Documentation for Professional Accounts: May require business registration documents and financial statements

KYC/AML Compliance Procedures

• All clients must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks to prevent fraud and ensure regulatory compliance.

Verification Time Frames

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

Part 4: isgold Account Opening Process

Step-by-Step isgold Account Opening Guide

1. Visit Website and Click Registration: Go to the isgold website and select the 'Open Account' option.
2. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate your trading account.
8. Start Trading: Once your account is funded and verified, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with mobile offering a more streamlined experience for document uploads.

Common Registration Issues and Solutions

• Issue: Document not accepted.

• Solution: Ensure documents are clear, recent, and meet the specified requirements.

• Issue: Verification delay.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes between 1-3 business days, depending on document submission and verification.

How to Upgrade/Downgrade Account Types

• Users can request to upgrade or downgrade their account type through the customer support portal, subject to meeting the new account type requirements.

Part 5: isgold Demo Account Guide

Demo Account Features and Benefits

• Provides a virtual balance for risk-free trading
• Access to all trading instruments available in live accounts
• Ideal for practicing trading strategies and familiarizing with the trading platform

How to Open a Demo Account

• Visit the isgold website and select the demo account option. Follow the registration steps similar to opening a live account.

Demo Account Limitations

• Demo accounts may have a limited duration or virtual balance amount.

Virtual Balance Amount

• Typically set at $10,000 for practice trading.

Demo vs Live Account Differences

• Demo accounts do not involve real money; profits and losses are virtual.

Duration/Expiry of Demo Accounts

• Demo accounts generally expire after a set period, often 30 days, but this may vary by broker.

Part 6: isgold Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, isgold offers swap-free Islamic accounts compliant with Sharia law.

Eligibility Requirements

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

Differences from Standard Accounts

• Islamic accounts do not incur overnight fees (swaps) and may have different trading conditions.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation to verify eligibility.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions that differ from standard accounts, such as limited leverage options.

FAQs – isgold Account Types & Opening

1. What account types does isgold offer？

• isgold 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 of $10,000.

1. How long does isgold account verification take？

• Account verification typically takes 1-3 business days.

1. Does isgold offer demo accounts？

• Yes, isgold provides demo accounts for practice trading.

1. Can I have multiple account types with isgold？

• Yes, clients can open multiple account types as per their trading needs.

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

• Yes, isgold offers Islamic accounts that are compliant with Sharia law.

1. What documents do I need to open an isgold 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 upgrade or downgrade your account type through customer support.