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What is a GCT account?

Published in Trading Account Definition 1 min read

A GCT account is essentially an account used for trading and related financial activities under specific terms. According to the provided reference:

A GCT Account means the account on which you effect Transactions or for which you provide security or Margin pursuant to these GCT Terms.

In simpler terms, it's an account where you:

  • Effect Transactions: This involves buying, selling, or trading assets.
  • Provide Security or Margin: This refers to providing collateral or funds to cover potential losses during trading, according to the GCT terms.