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Rating Index

Pros

Insured investments backed by Lloyd's of London, providing a high level of security for investors.
User-friendly mobile app that allows for easy trading and real-time market updates.
Backed by reputable companies (APMEX and Sprott), ensuring reliability and industry expertise.

Cons

Learning curve for new investors unfamiliar with digital assets and precious metals.
IRA limitations requiring third-party management, which may not suit all investors.
Variable spot prices can lead to fluctuations in investment value, impacting returns.

ONEGOLD broker Accounts

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

onegold Account Types Explained

OneGold offers several account types tailored to different trading needs. Below is an overview of the available account types, including their key features, minimum deposit requirements, and target user profiles.

Account Type Minimum Deposit Spread/Commission Leverage Options Key Features Target User Profile Trading Instruments
Standard $100 Variable spread Up to 1:100 User-friendly interface, access to educational resources Beginners Gold, Silver, Platinum
ECN $500 Low commission Up to 1:200 Direct market access, tight spreads Advanced traders Gold, Silver, Platinum
Pro $1,000 Fixed commission Up to 1:300 Advanced trading tools, priority execution Professional traders Gold, Silver, Platinum
Islamic $100 Variable spread Up to 1:100 Swap-free trading Muslim traders Gold, Silver, Platinum
Demo N/A N/A N/A Practice trading without risk All levels Gold, Silver, Platinum

Recommended Account Types by Trader Level:

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

Detailed onegold Account Features

When comparing the features of the different onegold account types, the following aspects should be considered:

  • Minimum Deposit:

  • Standard: $100

  • ECN: $500

  • Pro: $1,000

  • Islamic: $100

  • Demo: N/A

  • Maximum Leverage:

  • Standard: Up to 1:100

  • ECN: Up to 1:200

  • Pro: Up to 1:300

  • Islamic: Up to 1:100

  • Demo: N/A

  • Spreads:

  • Standard: Variable spread

  • ECN: Low commission

  • Pro: Fixed commission

  • Islamic: Variable spread

  • Demo: N/A

  • Commission Fees:

  • Standard: None

  • ECN: Low

  • Pro: Fixed

  • Islamic: None

  • Demo: N/A

  • Lot Size:

  • Standard: Micro

  • ECN: Mini

  • Pro: Standard

  • Islamic: Micro

  • Demo: N/A

  • Available Trading Platforms:

  • Standard: OneGold platform

  • ECN: MetaTrader 4 (MT4)

  • Pro: MetaTrader 5 (MT5)

  • Islamic: OneGold platform

  • Demo: OneGold platform

  • Execution Type:

  • Standard: Market

  • ECN: ECN

  • Pro: Instant

  • Islamic: Market

  • Demo: Market

  • Islamic Account Availability:

  • Yes for Islamic Account

  • No for others

  • Swap-Free Options:

  • Available for Islamic Account

  • Demo Account Features:

  • Virtual trading environment with real market conditions.

Advantages of Each Account Type:

  • Standard: Easy to use, ideal for beginners.
  • ECN: Lower trading costs, better for frequent traders.
  • Pro: Advanced tools and features for serious traders.
  • Islamic: Compliant with Islamic finance principles.
  • Demo: Risk-free trading experience.

Disadvantages of Each Account Type:

  • Standard: Limited features compared to Pro and ECN.
  • ECN: Higher minimum deposit required.
  • Pro: Fixed commissions may not be suitable for all traders.
  • Islamic: Limited to swap-free trading.
  • Demo: No real profits can be made.

onegold Account Registration Requirements

To open an account with OneGold, the following eligibility criteria and requirements must be met:

  • Age Requirements: Must be at least 18 years old.

  • Geographic Restrictions: Available in most countries, but not in the Balkans, Belarus, Burundi, Central African Republic, Cuba, Congo, Iran, Lebanon, Libya, Nigeria, North Korea, Somalia, South Sudan, Darfur, Syria, Ukraine, Venezuela, Yemen, or Zimbabwe.

  • Identity Verification Documents Needed: Government-issued ID (passport or drivers license).

  • Proof of Residence Requirements: Utility bill or bank statement showing your name and address.

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

  • KYC/AML Compliance Procedures: OneGold follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

  • Verification Time Frames: Account verification typically takes 1-3 business days.

Step-by-Step onegold Account Opening Guide

The process to open a OneGold account is straightforward and can be completed in several steps:

  1. Visit Website and Click Registration: Go to the OneGold website and click on the "Sign Up" button.
  2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
  3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
  4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
  5. Document Upload: Upload the required identification and proof of residence 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 start trading.
  • Desktop vs Mobile Registration Differences: The registration process is similar on both platforms, but the mobile app may have additional prompts for app-specific features.
  • Common Registration Issues and Solutions: Issues may arise from document verification; ensure all documents are clear and up-to-date.
  • Average Account Approval Time: Typically 1-3 business days.
  • How to Upgrade/Downgrade Account Types: Contact customer support to request an upgrade or downgrade.

onegold Demo Account Guide

The OneGold demo account offers a risk-free environment for traders to practice their strategies. Here are the details:

  • Demo Account Features and Benefits: Access to real market conditions without financial risk, educational resources, and practice trading strategies.
  • How to Open a Demo Account: Select the demo account option during the registration process or from the OneGold platform.
  • Demo Account Limitations: No real profits can be made; limited to virtual trading.
  • Virtual Balance Amount: Typically set at $100,000 for practice.
  • Demo vs Live Account Differences: Live accounts involve real money and risk, while demo accounts are purely for practice.
  • Duration/Expiry of Demo Accounts: Demo accounts may expire after a set period, typically 30 days, but can often be renewed.

onegold Islamic Account Details

OneGold offers an Islamic account that adheres to Sharia law principles:

  • Swap-Free/Islamic Account Availability: Yes, available for traders who require compliance with Islamic finance.
  • Eligibility Requirements: Must declare the need for an Islamic account during registration.
  • Differences from Standard Accounts: Islamic accounts do not incur swap fees, which are typically charged for overnight positions.
  • How to Apply for Islamic Account: Select the Islamic account option during the registration process.
  • Restrictions or Special Conditions: Must comply with Islamic finance principles, including no interest charges.

FAQs – onegold Account Types & Opening

  1. What account types does onegold offer?
  • OneGold 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 onegold account verification take?
  • Account verification typically takes 1-3 business days.
  1. Does onegold offer demo accounts?
  • Yes, OneGold provides a demo account for practice trading.
  1. Can I have multiple account types with onegold?
  • Yes, you can have multiple account types, but you may need to contact customer support for setup.
  1. Does onegold offer Islamic/swap-free accounts?
  • Yes, OneGold offers Islamic accounts that are compliant with Sharia law.
  1. What documents do I need to open a onegold 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 change your account type through customer support.

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