What Account Types and Fees Does Autu 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-capital trading and practice |
| Professional Account |
Experienced traders |
High leverage options, advanced trading tools, lower spreads |
Requires proof of trading experience and minimum trading volume |
| Corporate Account |
Corporate clients |
Custom solutions, dedicated account manager, multi-user access |
Requires corporate documentation and verification |
| Islamic Account |
Traders seeking Sharia-compliant trading |
Swap-free trading, no overnight interest |
Available upon request, proof of eligibility required |
| Demo Account |
All traders |
Risk-free trading environment, practice strategies, access to all features |
Available for an extended period to facilitate learning |
Account Opening Process
To open an account with Autu, follow these steps: First, submit your personal information, including full name, date of birth, and contact details. Next, provide employment and financial information, such as your occupation, income, and trading experience. Following this, you’ll need to complete identity verification by uploading required documents, such as a government-issued ID and proof of address (e.g., utility bill or bank statement). Autu allows account flexibility, enabling traders to upgrade from a Retail Account to a Professional Account as their trading skills develop and they meet the necessary requirements.
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 for minor pairs |
| CFDs (Stocks) |
0.5 |
$5 per lot |
Varies by stock |
| CFDs (Indices) |
1.2 |
$2 per lot |
Broad index coverage |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market volatility |
Other Fees
In addition to trading fees, Autu may charge various other fees, including deposit and withdrawal fees, which can vary based on the payment method. Inactivity fees may apply if an account remains dormant for an extended period. While using the trading platform, users should also be aware of potential overnight interest (swap rates) on positions held overnight. Lastly, currency conversion fees may be incurred for trades involving different currencies.
