What Account Types and Fees Does Strathos Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low spreads, user-friendly platform |
Requires a minimum deposit, suitable for small investors |
| Professional Account |
Experienced traders |
Higher leverage, advanced trading tools |
Requires proof of trading experience, higher minimum deposit |
| Corporate Account |
Businesses and corporate clients |
Custom solutions, dedicated account manager |
Requires corporate documentation, higher trading volume |
| Islamic Account |
Traders seeking swap-free options |
Complies with Sharia law, no overnight interest |
Available to all traders upon request |
| Demo Account |
New traders and those testing strategies |
Practice trading with virtual funds |
Unlimited access for practice, no real money involved |
Account Opening Process
To open an account with Strathos, users will need to follow these steps: first, submit personal information, including name, contact details, and date of birth. Next, provide employment information, which may include occupation and employer details. Financial information, such as income and trading experience, will also be required. Additionally, identity verification is necessary, which includes submitting a valid ID and proof of address. The account structure allows for flexibility, enabling users to upgrade to a professional account later if they meet the necessary criteria.
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 pricing for GBP pairs |
| CFDs (Stocks) |
0.1-0.5 |
$5 per lot |
Varies by stock |
| CFDs (Indices) |
1.5 |
$2 per lot |
Standard spreads for major indices |
| CFDs (Commodities) |
2.0 |
$3 per lot |
Includes oil and gold |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
Traders should be aware of additional costs that may apply while using Strathos. These include deposit and withdrawal fees, which are generally non-existent for deposits but may incur currency conversion fees for transactions. Inactivity fees may be charged if an account remains dormant for an extended period. Platform usage fees are not applicable, and overnight interest (swap rates) will depend on the positions held. Lastly, currency conversion fees may apply when trading in different currencies.
