What Account Types and Fees Does POSTFINANCE Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Individuals and families |
Free account management, multiple currency options |
Suitable for daily banking needs |
| Professional Account |
Experienced traders and professionals |
Advanced trading tools, higher leverage |
Requires a minimum trading volume |
| Corporate Account |
Businesses and corporations |
Corporate services, tailored banking solutions |
Requires corporate documentation |
| Islamic Account |
Traders seeking Sharia-compliant options |
Swap-free trading, no interest charges |
Available upon request |
| Demo Account |
New traders and beginners |
No risk trading environment, practice trading |
Ideal for learning and strategy testing |
Account Opening Process
To open an account with POSTFINANCE, follow these steps:
1. Submit personal information including your name, address, and contact details.
2. Provide employment details and financial information to assess suitability.
3. Complete identity verification by providing an official ID and proof of address.
4. Once verified, you can access your account immediately and utilize trading features.
5. If desired, you can upgrade your account to a professional level later on as your trading experience grows.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| CFDs (Stocks) |
1.5 |
$7 per lot |
Standard rates for equity trading |
| CFDs (Indices) |
1.2 |
$5 per lot |
Competitive rates for index trading |
| CFDs (Commodities) |
2.0 |
$6 per lot |
Standard spreads for commodities |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
POSTFINANCE accounts may incur additional costs, including:
– Deposit/withdrawal fees: Typically, withdrawals at PostFinance ATMs are free, while third-party ATM withdrawals may incur fees.
– Inactivity fees: Accounts that remain inactive for an extended period may be subject to fees.
– Platform usage fees: Charges may apply for advanced trading features or tools.
– Overnight interest: Standard swap rates apply for positions held overnight.
– Currency conversion fees: Applicable when trading in currencies different from your account currency.
