What Account Types and Fees Does Global Capital Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, educational resources |
Ideal for small-capital practice |
| Professional Account |
Experienced traders |
Higher leverage, lower spreads |
Requires proof of trading experience |
| Corporate Account |
Businesses and institutions |
Custom solutions, dedicated account manager |
Requires corporate documentation |
| Islamic Account |
Traders seeking swap-free options |
Compliant with Islamic finance principles |
Available upon request |
| Demo Account |
All levels of traders |
Risk-free environment for practice |
Unlimited access for skill enhancement |
Account Opening Process
To open an account with Global Capital, prospective clients must complete several steps. Initially, they will need to provide personal information, including their name, contact details, and date of birth. Following this, employment and financial information should be submitted to assess the applicant’s trading experience and financial standing. Identity verification is a critical step; applicants must upload valid identification documents and proof of address, such as a utility bill. Global Capital allows flexibility in account types, enabling traders to upgrade from a retail to a professional account as their trading experience and volume increase.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive rates for minor pairs |
| CFDs (Stocks) |
1.5 |
$5 per lot |
Varies by stock and liquidity |
| CFDs (Indices) |
1.0 |
$4 per lot |
Includes major indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, clients should be aware of potential additional costs. There may be deposit and withdrawal fees depending on the payment method used. Inactivity fees might apply to accounts that remain dormant for an extended period. If applicable, platform usage fees can be charged based on the trading software selected. Clients should also consider overnight interest (swap rates) when holding positions overnight and currency conversion fees for transactions involving different currencies.
