What Account Types and Fees Does GUOLIAN FUTURES Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginner to intermediate traders |
Low spreads, user-friendly platform |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
High leverage, advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Institutional clients |
Customized services, dedicated support |
Requires corporate documentation |
| Islamic Account |
Traders seeking Sharia-compliant trading |
Swap-free trading options |
Must provide proof of eligibility |
| Demo Account |
All trader levels |
Practice trading without risk |
No minimum deposit required |
Account Opening Process
Opening an account with GUOLIAN FUTURES is a straightforward process that involves several steps. First, prospective clients must submit personal information, including name, contact details, and employment information. Following this, financial information, such as income sources and trading experience, is required. To comply with regulatory standards, identity verification is mandatory, which involves providing a government-issued ID and proof of address. GUOLIAN FUTURES offers account flexibility, allowing 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 major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive rates for minors |
| CFDs (Stocks) |
0.1% |
$0.5 per lot |
Varies by stock choice |
| CFDs (Indices) |
0.5% |
$1 per lot |
Includes major indices |
| CFDs (Commodities) |
0.3% |
$1 per lot |
Based on market conditions |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, GUOLIAN FUTURES may charge various other fees. These include deposit and withdrawal fees, which are typically free for bank transfers but may apply for third-party payments. Inactivity fees may be charged if an account remains dormant for an extended period. While platform usage fees are not common, any applicable fees will be clearly outlined. Traders should also be aware of overnight interest (swap rates) on positions held overnight and potential currency conversion fees on transactions involving different currencies.
