What Account Types and Fees Does CENTRAL BULLION Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly interface |
Ideal for small-capital practice |
| Professional Account |
Experienced traders |
High leverage, advanced trading tools |
Requires verification of trading experience |
| Corporate Account |
Corporate clients |
Custom solutions, dedicated account management |
Requires corporate documentation |
| Islamic Account |
Traders requiring compliance with Sharia law |
Swap-free trading options |
Must request during account setup |
| Demo Account |
All traders |
Practice environment with virtual funds |
No minimum deposit required |
Account Opening Process
To open an account with CENTRAL BULLION, follow these steps: First, submit your personal information, which includes your name, email, and phone number. Next, provide your employment details and financial background to assess your trading experience. After that, you will need to upload identity verification documents, including a government-issued ID and proof of address (such as a utility bill). The account offers flexibility; you can upgrade to a professional account at a later stage if your trading volume meets the 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 spreads available |
| CFDs (Stocks) |
1.5 |
$10 per lot |
Varies by asset |
| CFDs (Commodities) |
2.0 |
$7 per lot |
Standard fees apply |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, traders should be aware of the following costs associated with CENTRAL BULLION: Deposit and withdrawal fees may apply, depending on the payment method chosen. Inactivity fees may be charged if the account remains dormant for an extended period. Traders should also be conscious of platform usage fees, if applicable. Overnight interest, commonly referred to as swap rates, may be incurred for positions held overnight. Additionally, currency conversion fees may apply when trading in different currencies.
