What Account Types and Fees Does GLOBAL LIQUIDITY Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform |
Suitable for small-capital practice |
| Professional Account |
Experienced traders and institutions |
Higher leverage, advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate entities and businesses |
Custom solutions, dedicated account management |
Requires corporate documentation |
| Islamic Account |
Traders following Sharia law |
Swap-free trading conditions |
Must provide religious documentation |
| Demo Account |
New traders and those testing strategies |
Practice trading with virtual funds |
Available for all users |
Account Opening Process
To open an account with GLOBAL LIQUIDITY, prospective traders must follow a straightforward process. Initially, users need to submit personal information, including full name, date of birth, and contact details. Next, employment and financial information such as income sources and trading experience will also be required. To comply with regulatory requirements, identity verification is essential, which entails submitting a government-issued ID and proof of address, such as a utility bill. It is important to note that users have the flexibility to upgrade their accounts, for instance, transitioning from a retail account to a professional account as their trading experience and volume grow.
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 for popular pairs |
| CFDs (S&P 500) |
1.5 |
$5 |
Standard commission applies |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
Traders should also be aware of additional fees that may apply when trading with GLOBAL LIQUIDITY. Deposit and withdrawal fees may vary based on the chosen payment method. Inactivity fees may be charged if an account remains dormant for an extended period. While using the trading platform, ensure to check for any platform usage fees that may apply. Overnight interest, also known as swap rates, can affect your positions held overnight. Lastly, currency conversion fees may be incurred during international transactions or when trading in currencies other than your account’s base currency.
