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Abstract:Giraffe Markets offers various account types, including demo and live accounts, with different leverage options for traders. This section will cover the available account types, their features, and the leverage offered.
Trading Accounts
Giraffe Markets provides several account types with varying features, suitable for different trading styles and levels of experience. Traders can choose from accounts that support demo trading, Islamic accounts, and leverage options.
Account Type | Minimum Deposit | Leverage | Spread from | Commission |
Standard Account | $100 | 1:500 | Raw + 1.5 pips | Commission-free |
Pro Account | $500 | 1:500 | Raw + 1.0 pips | Commission-free |
Elite Account | $2,500 | 1:500 | Raw + 0.0 pips | $10 per side |
Giraffe Markets also offers Islamic Accounts that adhere to Sharia law and are free of interest, making them suitable for traders who prefer to avoid interest-bearing transactions.
Giraffe Markets has competitive fee structures for its accounts. The trading fees include spreads, commissions, and swaps, which vary depending on the account type.
Fee Type | Standard Account | Pro Account | Elite Account |
Minimum Spread | 1.5 pips | 1.0 pips | 0.0 pips |
Commission | $0 | $0 | $10 per side |
Swap | / | / | / |
Bonus | / | / | / |
Please refer to the deposit and withdrawal page for additional fees related to account transactions.
Q1: Does Giraffe Markets charge commissions?
A1: No, Giraffe Markets offers commission-free trading on Standard and Pro accounts. However, Elite accounts incur a $10 commission per side.
Q2: Are the spreads at Giraffe Markets high or low?
A2: Giraffe Markets offers competitive spreads starting from as low as 0.0 pips on Elite accounts, making it more liquid than industry averages.
Q3: Does Giraffe Markets offer demo accounts?
A3: Yes, Giraffe Markets offers a free demo account that allows traders to practice without risking real money.
Q4: What account types does Giraffe Markets offer?
A4: Giraffe Markets offers three account types: Standard, Pro, and Elite, each with different leverage options and spreads.
Q5: Does Giraffe Markets offer an Islamic account?
A5: Yes, Giraffe Markets offers an Islamic account that adheres to Sharia law, providing a non-interest-bearing trading option.
Q6: What is the maximum leverage at Giraffe Markets?
A6: Giraffe Markets offers a maximum leverage of up to 1:500 across all account types, suitable for traders with higher risk tolerance.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.