Yi Gao broker Accounts

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

Part 1: yi gao Account Types Overview

yi gao Account Types Explained

Yi Gao offers a variety of account types tailored to different trading preferences and experience levels. Below is an overview of the available account types:

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 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: Raw spreads starting from 0.0 pips; commission of $3 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access; lower spreads; suitable for scalpers.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, cryptocurrencies, commodities.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads starting from 0.5 pips; commission of $2 per lot.
• Leverage Options: Up to 1:400.
• Key Features: Enhanced trading conditions; priority support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, stocks.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Compliant with Sharia law; no interest on overnight positions.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities.

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 with virtual funds; access to all trading instruments.
• Target User Profile: Beginners and those wanting to test strategies.
• Trading Instruments Available: Forex, commodities, indices.

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
• Practice Traders: Demo Account

Part 2: yi gao Account Features Comparison

Detailed yi gao Account Features

When comparing the features of different yi gao account types, consider the following aspects:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:400

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: From 0.5 pips

• Islamic: From 1.0 pips

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• All account types: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Available for Standard and Islamic accounts.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Virtual balance for practice; access to all trading instruments.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• No commission fees

• User-friendly for beginners

• Access to a variety of instruments

• ECN Account:

• Tight spreads

• Direct market access

• Suitable for high-frequency trading

• Transparency in pricing

• Pro Account:

• Enhanced trading conditions

• Lower commission fees

• Priority customer support

• Access to advanced trading tools

• Islamic Account:

• Compliance with Sharia law

• No swap fees

• Same features as Standard Account

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading environment

• Opportunity to test strategies

• Access to all trading instruments

• Unlimited practice

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:

• Higher minimum deposit

• May not be suitable for casual traders

• Islamic Account:

• Limited to Muslim traders

• May have restrictions on certain trading strategies

• Demo Account:

• Virtual funds may not reflect real trading conditions

• Limited duration for practice

Part 3: yi gao Account Opening Requirements

yi gao Account Registration Requirements

Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to traders globally, with some restrictions based on local regulations.
• Prohibited Countries: Specific countries may be restricted; check the official website for details.

Identity Verification Documents Needed:

• Government-issued ID (passport or national ID card).
• Proof of residence (utility bill, bank statement).

Additional Documentation for Professional Accounts:

• Business registration documents (for corporate accounts).
• Proof of trading experience (for professional accounts).

KYC/AML Compliance Procedures:

• Verification of identity and address.
• Compliance with anti-money laundering regulations.

Verification Time Frames:

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

Part 4: yi gao Account Opening Process

Step-by-Step yi gao Account Opening Guide

1. Visit Website and Click Registration: Navigate to the official yi gao website and click on the registration button.
2. Personal Information Entry: Fill in your personal details, including 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, including leverage and trading instruments.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to be completed.
7. Fund Your Account: Once verified, deposit funds into your trading account.
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, but the mobile interface may have simplified steps for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload fails.

• Solution: Ensure documents are clear and in the correct format (JPEG, PDF).

• Issue: Verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Account approval typically takes 1-3 business days, depending on document verification.

How to Upgrade/Downgrade Account Types

• Log into your account and navigate to the account settings; follow the prompts to request an upgrade or downgrade.

Part 5: yi gao Demo Account Information

yi gao Demo Account Guide

Demo Account Features and Benefits

• Access to all trading instruments with virtual funds.
• Practice trading strategies without risk.
• Use of the same trading platform as live accounts.

How to Open a Demo Account

• Follow the same registration process as for live accounts, selecting the demo option.

Demo Account Limitations

• Limited duration for use (typically 30 days).
• Virtual funds may not reflect real market conditions.

Virtual Balance Amount

• The demo account usually comes with a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money.
• Trading conditions may differ slightly due to market factors.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days of inactivity.

Part 6: yi gao Islamic Account (if available)

yi gao Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, yi gao offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must be a Muslim trader seeking a swap-free trading environment.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees for overnight positions.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions; consult the broker for details.

FAQs – yi gao Account Types & Opening

1. What account types does yi gao offer？

• Yi Gao 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 yi gao account verification take？

• Verification typically takes 1-3 business days.

1. Does yi gao offer demo accounts？

• Yes, yi gao provides demo accounts for practice trading.

1. Can I have multiple account types with yi gao？

• Yes, you can have multiple account types.

1. Does yi gao offer Islamic/swap-free accounts？

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

1. What documents do I need to open a yi gao 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 your account settings.