What Account Types and Fees Does One Asia Securities Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly interface, educational resources |
Ideal for small-scale trading and practice |
| Professional Account |
Experienced traders |
High leverage, lower spreads, advanced trading tools |
Requires proven trading experience and documentation |
| Corporate Account |
Corporate clients |
Custom trading solutions, dedicated account management |
Requires corporate documentation and verification |
| Islamic Account |
Traders seeking Sharia-compliant options |
Swap-free trading, no overnight interest |
Available upon request and subject to terms |
| Demo Account |
New traders and those testing strategies |
No risk trading environment, access to real-time market data |
Open to anyone for practice and learning |
Account Opening Process
To open an account with One Asia Securities, follow these steps:
1. Fill out the application form, providing personal, employment, and financial information.
2. Submit identity verification documents, including a government-issued ID and proof of address.
3. Review and accept the terms and conditions of the account.
4. Once approved, you can fund your account and start trading.
Additionally, One Asia Securities allows for account flexibility, meaning you can upgrade to a professional account later if you meet the necessary qualifications.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive rates for minor pairs |
| CFDs (Stocks) |
0.1% |
$5 per trade |
Varied based on stock volatility |
| CFDs (Indices) |
0.5% |
$3 per trade |
Standard rates for major indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, One Asia Securities may charge the following:
– Deposit/withdrawal fees: Generally free, but specific methods may incur costs.
– Inactivity fees: Applicable after a defined period of account inactivity.
– Platform usage fees: Not applicable.
– Overnight interest (swap rates): Charged on positions held overnight, varies by product.
– Currency conversion fees: Applicable when trading in currencies other than your account base currency.
