OGS broker Accounts

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

Part 1: ogs Account Types Explained

Available Account Types

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: User-friendly interface, suitable for beginners
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.1 pips, commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, ideal for scalping
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 1 pip, commission of $2 per lot
• Leverage Options: Up to 1:300
• Key Features: Enhanced trading conditions, priority support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, stocks

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading, compliant with Sharia law
• Target User Profile: Muslim traders
• 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: Risk-free trading environment, practice strategies
• Target User Profile: Beginners and experienced traders
• Trading Instruments Available: Same as Standard Account

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
• Practicing Traders: Demo Account

Part 2: ogs Account Features Comparison

Detailed ogs Account Features

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:500

• Demo: Same as Standard

• Spreads (Typical/Minimum):

• Standard: 1.5 pips

• ECN: 0.1 pips

• Pro: 1 pip

• Islamic: Same as Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability: Yes for Islamic Account

• Swap-Free Options: Available for Islamic Account

• Demo Account Features: Virtual trading environment with real market conditions

Advantages of Each Account Type

• Standard Account:

• User-friendly for beginners

• No commission fees

• High leverage options

• ECN Account:

• Lower spreads

• Direct market access

• Suitable for scalping strategies

• Pro Account:

• Enhanced trading conditions

• Priority customer support

• Competitive spreads

• Islamic Account:

• Compliant with Sharia law

• No swap fees

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading

• Practice strategies without financial risk

• Access to all trading instruments

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:

• Higher minimum deposit

• May not be suitable for beginners

• Islamic Account:

• Limited to Muslim traders

• May have fewer features than other accounts

• Demo Account:

• Virtual funds only

• Limited duration for practice

Part 3: ogs Account Opening Requirements

ogs Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old

• Geographic Restrictions: Services may not be available in certain countries (specific countries not listed)

• Prohibited Countries: Not specified

• Identity Verification Documents Needed: Government-issued ID (passport or national ID)

• Proof of Residence Requirements: Utility bill or bank statement

• Additional Documentation for Professional Accounts: May require proof of trading experience or financial status

• KYC/AML Compliance Procedures:

• All accounts must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

• Verification Time Frames:

• Typically takes 1-3 business days for account verification.

Part 4: ogs Account Opening Process

Step-by-Step ogs Account Opening Guide

1. Visit Website and Click Registration: Go to the official ogs website and find the registration button.
2. Personal Information Entry: Fill out the required personal information including 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 such as leverage and trading instruments.
5. Document Upload: Upload the necessary identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to start trading.
8. Start Trading: Access your account and begin trading.

• Desktop vs Mobile Registration Differences: The registration process is similar on both platforms, but the mobile version may have a simplified interface.
• Common Registration Issues and Solutions: Ensure all documents are clear and legible; if issues arise, contact customer support for assistance.
• Average Account Approval Time: Generally, 1-3 business days.
• How to Upgrade/Downgrade Account Types: Contact customer support to request an upgrade or downgrade.

Part 5: ogs Demo Account Information

ogs Demo Account Guide

• Demo Account Features and Benefits:

• Access to all trading instruments

• Practice trading strategies without financial risk

• Real-time market conditions

• How to Open a Demo Account: Follow the same registration process but select the demo account option.

• Demo Account Limitations: Limited to virtual funds and may have an expiry date.

• Virtual Balance Amount: Typically offers a virtual balance of $10,000.

• Demo vs Live Account Differences: Demo accounts use virtual funds, while live accounts require real money.

• Duration/Expiry of Demo Accounts: Usually valid for 30 days, but may vary by broker.

Part 6: ogs Islamic Account Details

ogs Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, available for Muslim traders.
• Eligibility Requirements: Must provide proof of Islamic faith.
• Differences from Standard Accounts: No swap fees, compliant with Sharia law.
• How to Apply for Islamic Account: Select the Islamic account option during registration.
• Restrictions or Special Conditions: Must adhere to Islamic trading principles.

FAQs – ogs Account Types & Opening

1. What account types does ogs offer？

• 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 ogs account verification take？

• Typically 1-3 business days.

1. Does ogs offer demo accounts？

• Yes, ogs offers demo accounts for practice.

1. Can I have multiple account types with ogs？

• Yes, you can hold multiple account types.

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

• Yes, Islamic accounts are available.

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

• Government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, by contacting customer support.