TGC broker Accounts

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

tgc Account Types Explained

TGC offers a variety of account types tailored to meet the needs of different traders, from beginners to advanced professionals. Below is a detailed overview of the 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, access to a wide range of trading instruments
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, indices

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Spreads from 0 pips + commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, faster execution
• Target User Profile: Experienced traders and scalpers
• Trading Instruments Available: Forex, commodities, cryptocurrencies

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 0.5 pips + commission of $2 per lot
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

4. Islamic Account

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

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:500
• Key Features: Practice trading without risk, access to all trading instruments
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed tgc Account Features

Comparison of Features Across Different Account Types

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly for beginners

• Access to multiple instruments

• ECN Account:

• Tight spreads and low commissions

• Faster execution speeds

• Ideal for scalping strategies

• Pro Account:

• Advanced trading tools

• Lower commission rates

• Priority support

• Islamic Account:

• Compliance with Islamic finance principles

• No swap fees

• Demo Account:

• Risk-free trading environment

• Practice with virtual funds

• 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 can add up

• Pro Account:

• Requires a higher initial investment

• May not be suitable for casual traders

• Islamic Account:

• Limited availability of certain features

• Higher minimum deposit than Standard

• Demo Account:

• No real profits

• Limited to virtual funds

tgc Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents in most countries; however, specific countries may be restricted.
• Prohibited Countries: Countries under international sanctions may not be eligible.
• Identity Verification Documents Needed:
• Government-issued ID (passport or driver's license)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Recent documents showing your name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• TGC adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and residence.

Verification Time Frames

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

Step-by-Step tgc Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Navigate to the TGC website and select the "Open an Account" option.
2. Personal Information Entry: Fill out the registration form with your personal details.
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: Once verified, deposit funds into your account to start trading.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though mobile users may have a more streamlined experience.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Account type changes can be requested through customer support, subject to the minimum deposit requirements of the new account type.

tgc Demo Account Guide

Demo Account Features and Benefits

• The demo account allows traders to practice with virtual funds, providing a risk-free environment to test strategies.

How to Open a Demo Account

• A demo account can be opened during the registration process or directly from the trading platform.

Demo Account Limitations

• The demo account is limited to virtual funds and does not allow for real trading profits.

Virtual Balance Amount

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

Demo vs Live Account Differences

• The demo account uses virtual funds, while the live account involves real money and trading profits.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for 30 days, but this can vary based on the broker's policy.

tgc Islamic Account Details

Swap-Free/Islamic Account Availability

• TGC offers Islamic accounts that comply with Sharia law, providing a swap-free trading experience.

Eligibility Requirements

• Traders must indicate their need for an Islamic account during registration.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for Muslim traders.

How to Apply for Islamic Account

• Apply for an Islamic account during the registration process by selecting the appropriate option.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, such as limits on certain trading strategies.

FAQs – tgc Account Types & Opening

1. What account types does tgc offer？

• TGC 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: N/A.

1. How long does tgc account verification take？

• Verification typically takes 1-3 business days.

1. Does tgc offer demo accounts？

• Yes, TGC offers demo accounts for practice trading.

1. Can I have multiple account types with tgc？

• Yes, traders can open multiple account types.

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

• Yes, TGC offers Islamic accounts that are swap-free.

1. What documents do I need to open a tgc 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.