What Account Types and Fees Does DONGXING FUTURES Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
High leverage, advanced trading tools |
Requires proof of trading experience and volume |
| Corporate Account |
Corporate clients |
Customized services, multi-user access |
Requires corporate documentation and verification |
| Islamic Account |
Traders seeking Sharia-compliant options |
Swap-free trading, no overnight interest |
Eligibility based on religious guidelines |
| Demo Account |
New traders testing the waters |
Simulated trading environment, no risk |
Not currently offered by DONGXING FUTURES |
Account Opening Process
To open an account with DONGXING FUTURES, follow these steps: Begin by submitting your personal information, including your name, contact details, and date of birth. Next, provide details regarding your employment and financial status, which may include your income and trading experience. Finally, complete the identity verification process by uploading necessary documents such as a government-issued ID and proof of address. After your application is submitted, the verification process will take place. Additionally, DONGXING FUTURES allows flexibility in account management, enabling you to upgrade to a professional account later if your trading needs evolve.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| CFDs (Stocks) |
1.2 |
$5 per lot |
Varies by stock volatility |
| CFDs (Indices) |
1.0 |
$3 per lot |
Competitive pricing for index trading |
| CFDs (Commodities) |
2.0 |
$4 per lot |
Includes oil and gold |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, DONGXING FUTURES may impose other costs. These include deposit and withdrawal fees, which can vary by payment method. There may also be inactivity fees for dormant accounts, as well as platform usage fees if applicable. Overnight interest, known as swap rates, may apply to certain positions, affecting the overall cost of maintaining trades. Furthermore, if you are trading in a different currency, currency conversion fees may apply when making deposits or withdrawals.
