What Account Types and Fees Does CJS Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, easy access to trading instruments |
Suitable for traders starting with small capital |
| Professional Account |
Experienced traders and professionals |
Higher leverage, lower spreads, and advanced trading tools |
Requires proof of trading experience and minimum trading volume |
| Corporate Account |
Corporate clients and institutions |
Customized services, tailored solutions for businesses |
Requires corporate documentation and verification |
| Islamic Account |
Traders seeking Sharia-compliant options |
Swap-free trading, no interest fees |
Available upon request, requires appropriate documentation |
| Demo Account |
All traders for practice |
Access to a simulated trading environment |
Ideal for testing strategies without financial risk |
Account Opening Process
To open an account with CJS, prospective clients will need to follow several steps:
1. Personal Information Submission: This includes providing your name, contact details, and date of birth.
2. Employment Information: Applicants must submit details about their current employment status and occupation.
3. Financial Information: This involves sharing your financial background, including income and trading experience.
4. Identity Verification: Clients must provide valid identification (such as a passport or national ID) and proof of address (utility bills or bank statements).
5. Account Flexibility: Clients may have the option to upgrade their account to a professional status later on, depending on their trading activity and experience.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| CFDs (Stocks) |
0.1% |
$5 per lot |
Competitive rates for international stocks |
| CFDs (Indices) |
0.5% |
$4 per lot |
Variety of indices available |
| CFDs (Commodities) |
1.0% |
$6 per lot |
Includes oil and metals |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, traders should be aware of other potential costs associated with their accounts at CJS:
– Deposit/Withdrawal Fees: Varies by method, generally around HKD 100.
– Inactivity Fees: Charged after a period of inactivity on the account.
– Platform Usage Fees: May apply if using advanced trading tools or features.
– Overnight Interest (Swap Rates): Applicable for positions held overnight, rates vary.
– Currency Conversion Fees: Charged for converting funds between currencies, typically around 0.5%.
