GoCapitalFX doesn’t offer any special account types. This means that all traders get the same treatment, no matter how much they deposit. While we appreciate the democratic approach, we also believe that more advanced traders need more advanced features and services. This broker doesn’t publicly display the deposit amount required to open a trading account. This means that you will have to give your data to the broker before even knowing how much you have to deposit to start trading.
For the purpose of this GoCapitalFX review, we opened a trading account. The registration is pretty straightforward in the beginning – all you have to do is fill out an online form. But then things get complicated, as your account has to be approved. We didn’t get the approval before publishing this review.
GoCapitalFX Demo Account
GoCapitalFX has a demo account that is available on the MetaTrader4 platform. Demo account is always a useful tool that traders can use before they start real trading. With your virtual money, you can learn how to trade, test your skills and improve your knowledge. Please understand that the demo account doesn’t bring any profit, but it helps you gain precious knowledge. All you have to do is use your demo, and once you start real trading, you will already be familiar with the platform and all its features.
Demo account is popular among all types of traders as it not only allows to improve your trading skills but also to see what the platform looks like.
GoCapitalFX Islamic Account
GoCapitalFX also offers an Islamic account, specially tailored for those of Islamic faith. This is a swap-free account that is designed according to the rules of Sharia law. This means that no side makes commissions on behalf of the other side.
Traders can’t activate this account by themselves. They have to contact customer support first, and then only get the Islamic account. Considering how it first takes some time for the regular account to be validated, you will also have to wait for an Islamic account to be activated. GoCapitalFX doesn’t offer more information on this service.