usg Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: usg Account Types Overview
usg Account Types Explained
USG offers a variety of account types tailored to meet the needs of different traders. Below is a detailed overview of each account type available:
1. Standard Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Variable spreads starting from 1.0 pips; no commission.
- Leverage Options: Up to 1:500.
- Key Features: Ideal for beginners; access to all trading instruments.
- Target User Profile: Beginners and intermediate traders.
- Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.
2. ECN Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Raw spreads from 0.0 pips; commission of $3 per lot.
- Leverage Options: Up to 1:200.
- Key Features: Direct market access; lower spreads; suitable for scalping.
- Target User Profile: Advanced traders and scalpers.
- Trading Instruments Available: Forex, commodities, indices.
3. Pro Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Variable spreads starting from 0.5 pips; commission of $2 per lot.
- Leverage Options: Up to 1:300.
- Key Features: Enhanced trading conditions; priority customer support.
- Target User Profile: Professional traders.
- Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.
4. Islamic Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Similar to Standard Account; no swaps.
- Leverage Options: Up to 1:500.
- Key Features: Complies with Sharia law; no interest on overnight positions.
- Target User Profile: Muslim traders.
- Trading Instruments Available: Forex, commodities, indices.
5. Demo Account
- Minimum Deposit Requirement: Virtual balance of $10,000.
- 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 traders testing strategies.
- Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account or Demo Account.
- Intermediate: Standard Account or Pro Account.
- Advanced: ECN Account.
- Professional: Pro Account.
Part 2: usg Account Features Comparison
Detailed usg Account Features
When considering which usg account type to open, it is essential to compare their features:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: $0
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:300
Islamic: 1:500
Spreads (Typical/Minimum):
Standard: 1.0 pips
ECN: 0.0 pips
Pro: 0.5 pips
Islamic: Same as Standard
Commission Fees:
Standard: None
ECN: $3 per lot
Pro: $2 per lot
Islamic: None
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: Micro, Mini, Standard
Islamic: 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
Islamic Account Availability:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Swap-Free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Demo Account Features:
Virtual balance of $10,000; access to all instruments.
Advantages of Each Account Type
-
Standard Account:
Low minimum deposit.
No commission fees.
Suitable for beginners.
ECN Account:
Raw spreads.
Direct market access.
Ideal for scalping.
Pro Account:
Enhanced trading conditions.
Lower commission fees.
Priority support.
Islamic Account:
Complies with Sharia law.
No interest on overnight positions.
Demo Account:
Risk-free trading.
Practice strategies.
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 than Standard.
Commission fees apply.
Islamic Account:
Limited to Muslim traders.
May have restrictions on certain trading strategies.
Demo Account:
Virtual funds only; no real profits.
Limited duration.
Part 3: usg Account Opening Requirements
usg Account Registration Requirements
To open an account with USG, you must meet the following eligibility criteria:
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available in most countries; specific restrictions may apply.
- Prohibited Countries: Check USG‘s website for a list of restricted countries.
- 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
USG adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to provide necessary documentation for identity verification.
Verification Time Frames
Account verification typically takes between 1 to 3 business days, depending on the completeness of the submitted documents.
Part 4: usg Account Opening Process
Step-by-Step usg Account Opening Guide
To register for a USG account, follow these steps:
- Visit the Website: Go to the USG official site.
- Click Registration: Locate the registration button on the homepage.
- Personal Information Entry: Fill in your personal details, including name, email, and phone number.
- Choose Account Type: Select the account type that suits your trading needs.
- Set Trading Preferences: Indicate your trading preferences and risk tolerance.
- Document Upload: Upload the required identity verification documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit funds into your account to start trading.
- 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 the layout may differ slightly. Ensure you have a stable internet connection for a smooth experience.
Common Registration Issues and Solutions
- Document Rejection: Ensure all documents are clear and legible.
- Email Verification Issues: Check your spam folder if you do not receive a verification email.
- Account Approval Delays: Contact customer support for assistance.
Average Account Approval Time
Typically, account approval takes between 1 to 3 business days, depending on the verification process.
How to Upgrade/Downgrade Account Types
To change your account type, log into your account and navigate to the account settings. Follow the prompts to request an upgrade or downgrade.
usg Demo Account Guide
The USG demo account is designed for traders to practice their skills without financial risk.
Demo Account Features and Benefits:
Access to all trading instruments.
Virtual balance of $10,000.
Risk-free environment for strategy testing.
How to Open a Demo Account:
Visit the USG website and select the demo account option.
Fill out the registration form.
Receive login credentials to access the demo platform.
Demo Account Limitations:
Virtual funds only; no real trading profits.
Limited duration; typically expires after 30 days.
Virtual Balance Amount: $10,000.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts use real money.
Live accounts may incur commissions and spreads; demo accounts do not.
Duration/Expiry of Demo Accounts: Usually expires after 30 days unless extended.
Part 6: usg Islamic Account (if available)
usg Islamic Account Details
USG offers Islamic accounts that comply with Sharia law.
- Swap-Free/Islamic Account Availability: Yes, available for all account types.
- Eligibility Requirements: Must be a Muslim trader.
- Differences from Standard Accounts: No interest on overnight positions; similar trading conditions.
- How to Apply for Islamic Account: Select the Islamic account option during the registration process.
- Restrictions or Special Conditions: Must adhere to Islamic trading principles.
FAQs – usg Account Types & Opening
- What account types does usg offer?
- USG offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: $0.
- How long does usg account verification take?
- Verification typically takes 1 to 3 business days.
- Does usg offer demo accounts?
- Yes, USG offers demo accounts with a virtual balance of $10,000.
- Can I have multiple account types with usg?
- Yes, you can open multiple account types.
- Does usg offer Islamic/swap-free accounts?
- Yes, USG offers Islamic accounts that comply with Sharia law.
- What documents do I need to open a usg account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, you can upgrade or downgrade your account type through your account settings.
USG accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .