What Account Types and Fees Does GTCFX Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners and casual traders |
No commission, low spreads starting from 1.4 pips |
Minimum deposit of $0, suitable for small capital |
| Pro Account |
Experienced traders |
Competitive spreads from 0.9 pips, no commission |
Minimum deposit of $50, designed for active trading |
| ECN Account |
Professional traders and institutions |
Raw spreads from 0.0 pips, $5 commission per lot |
Minimum deposit of $3,000, requires higher trading volume |
| Islamic Account |
Traders observing Sharia principles |
Swap-free trading |
Available upon request, requires documentation |
| Demo Account |
New traders and those testing strategies |
Access to all features without financial risk |
Unlimited duration, suitable for practice |
Account Opening Process
To open an account with GTCFX, follow these steps: First, visit the GTCFX official website and select “Open Live Account.” Fill out the registration form with personal details such as your name, email, and phone number. Next, provide additional information like nationality, date of birth, and address, and answer questions regarding your trading experience. After that, upload verification documents, including a valid ID and proof of address. You will then receive a confirmation email to activate your account. Once activated, you can make the minimum deposit to start trading. GTCFX also allows flexibility for upgrading to a professional account in the future.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $5/lot) |
Competitive spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $5/lot) |
Standard spreads for major pairs |
| CFDs (Stocks) |
1.5 |
$0 |
No commission on stock CFDs |
| CFDs (Indices) |
1.2 |
$0 |
Variable spreads based on market conditions |
| Cryptos (BTC/USD) |
1.0% |
$0.1 |
Variable depending on volatility |
Other Fees
Additional fees may include: Deposit/withdrawal fees vary by method; typically, withdrawals via wire transfer incur a $25 fee. An inactivity fee of $5 per month applies after six months without trading activity. There are no platform usage fees. Overnight interest (swap rates) may apply based on market conditions, and a currency conversion fee of 0.5% is applicable if the account currency differs from the transaction currency.
