What Account Types and Fees Does GUOYUAN FUTURES Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and individual traders |
Low minimum deposits, user-friendly platforms |
Suitable for small capital practice |
| Professional Account |
Experienced traders and institutions |
Higher leverage options, lower spreads |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients and institutions |
Customized services, access to advanced trading tools |
Requires corporate documentation |
| Islamic Account |
Traders seeking compliance with Islamic finance |
Swap-free trading, no overnight interest fees |
Must provide proof of adherence to Islamic finance principles |
| Demo Account |
New and inexperienced traders |
Practice trading with virtual funds, no risk |
Limited time access to trading functions |
Account Opening Process
To open an account with GUOYUAN FUTURES, follow these steps: 1. Submit personal information, including your name, date of birth, and contact details. 2. Provide employment details, such as your employer’s name and position. 3. Disclose financial information, including income and trading experience. 4. Complete identity verification by uploading an ID and proof of address. The process allows flexibility, enabling traders to upgrade to a professional account later if desired.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Futures (Major Contracts) |
Varies |
$3.0 per contract |
Competitive rates for high volume trading |
| Options (Standard) |
Varies |
$2.5 per contract |
Fees depend on the specific options traded |
| Futures (Minor Contracts) |
Varies |
$4.0 per contract |
Spreads may be wider for less liquid contracts |
Other Fees
GUOYUAN FUTURES may impose various other fees, including:
– Deposit and withdrawal fees: Depending on the method used, fees may apply.
– Inactivity fees: Accounts that remain inactive for an extended period may incur charges.
– Platform usage fees: Some specific trading platforms may charge additional fees.
– Overnight interest (swap rates): Applicable for positions held overnight.
– Currency conversion fees: May apply for transactions involving different currencies.
