What Account Types and Fees Does Global Link Advisers Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit and user-friendly platform |
Ideal for small capital traders, no advanced qualifications required |
| Professional Account |
Experienced traders |
Higher leverage and lower spreads |
Requires a certain trading volume and experience level |
| Corporate Account |
Corporate clients |
Custom services and competitive pricing |
Requires corporate documentation and compliance checks |
| Islamic Account |
Traders seeking swap-free options |
Complies with Sharia law, no overnight interest |
Available for Muslim traders, subject to verification |
| Demo Account |
All trader levels |
Practice trading without risk |
Not currently available |
Account Opening Process
To open an account with Global Link Advisers, you need to follow a structured process:
1. Personal Information: Fill out your personal details, including name, date of birth, and contact information.
2. Employment Information: Provide your employment status, occupation, and employer details.
3. Financial Information: Disclose your financial situation, including income and trading experience.
4. Identity Verification: Submit necessary documents for identity verification, such as a government-issued ID and proof of address (like a utility bill).
5. Account Flexibility: You have the option to upgrade from a retail to a professional account later if you meet the necessary criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing for significant pairs |
| CFDs (Stocks) |
1.5 |
$0 |
Available on major global stocks |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
| CFDs (Commodities) |
2.0 |
$0 |
Standard spreads for commodities |
Other Fees
Global Link Advisers has several additional costs associated with trading:
– Deposit/Withdrawal Fees: Generally free, but may vary based on the payment method used.
– Inactivity Fees: Charged after a specified period of inactivity.
– Platform Usage Fees: No additional fees are applied for using the trading platform.
– Overnight Interest (Swap Rates): Applicable for positions held overnight, varies by account type.
– Currency Conversion Fees: Fees may apply when converting currencies during transactions.
