What Account Types and Fees Does FFG Securities Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform |
Ideal for small-capital practice |
| Professional Account |
Experienced traders |
Higher leverage, reduced spreads |
Requires trading volume qualification |
| Corporate Account |
Corporations and institutional clients |
Customized services, multi-user access |
Requires corporate documentation |
| Islamic Account |
Traders requiring Sharia-compliant trading |
Swap-free trading conditions |
Available upon request |
| Demo Account |
New traders and those testing strategies |
Access to virtual funds, risk-free environment |
Suitable for practice without real capital |
Account Opening Process
To open an account with FFG Securities, prospective clients must complete several steps. Initially, they will need to provide personal information such as name, address, and date of birth. Following this, employment details and financial information must be submitted to assess the client’s trading experience and financial standing.
Identity verification is a crucial part of the process, requiring valid identification documents and proof of address, such as utility bills or bank statements. Once the account is set up, users have the flexibility to upgrade to a professional account later if their trading volume qualifies them for this option.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing |
| CFDs (Stock Index) |
1.2 |
$5.0 per lot |
Varied by index |
| CFDs (Commodities) |
2.0 |
$8.0 per lot |
Includes oil and gold |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
FFG Securities charges a range of additional fees that traders should be aware of. There are no fees for deposits or withdrawals for most clients; however, online-only customers may incur deposit transfer fees. Inactivity fees may apply if an account remains dormant for an extended period.
Platform usage fees are not generally charged, but any overnight interest, also known as swap rates, will apply to positions held overnight. Additionally, currency conversion fees may be applicable when trading in foreign currencies, impacting overall trading costs.
