What Account Types and Fees Does Ebury Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginner to intermediate traders |
User-friendly platform with basic trading tools |
Suitable for individual clients with small to medium capital |
| Professional Account |
Experienced traders |
Advanced tools and features, higher trading limits |
Requires trading volume qualifications |
| Corporate Account |
Businesses and corporate clients |
Custom solutions for international trade |
Requires corporate documentation |
| Islamic Account |
Clients seeking Sharia-compliant trading |
Swap-free trading options |
Available for clients who meet specific criteria |
| Demo Account |
New and inexperienced traders |
Practice trading without real financial risk |
Ideal for testing the platform’s features |
Account Opening Process
To open an account with Ebury, potential clients must complete several steps. Initially, you will need to submit personal information, including your name and contact details. Following that, you will provide employment information, detailing your current occupation and employer. Financial information, such as your source of income and financial status, is also required. To comply with regulatory standards, identity verification is necessary, which includes submitting a valid ID and proof of address. Ebury allows flexibility in account management, enabling clients to upgrade their accounts (for example, from a Retail to a Professional Account) as their trading needs evolve.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
Varies |
Varies |
Tight spreads for major currencies |
| Forex (Minor Pairs) |
Varies |
Varies |
Competitively priced spreads |
| CFDs (Stocks) |
Varies |
Varies |
Depends on the specific stock |
| CFDs (Indices) |
Varies |
Varies |
Market-dependent pricing |
| CFDs (Commodities) |
Varies |
Varies |
Competitive rates for commodities |
| Cryptocurrencies |
Varies |
Varies |
Dependent on market conditions |
Other Fees
In addition to trading fees, clients should be aware of various other costs associated with their accounts. These may include deposit and withdrawal fees, which can vary based on the method used. Inactivity fees might apply if an account remains dormant for an extended period. There could also be platform usage fees, depending on the services utilized. Clients should consider the implications of overnight interest (swap rates) on their positions and be aware of any currency conversion fees that may apply when transacting in different currencies.
