What Account Types and Fees Does Century Investment 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 and institutions |
Higher leverage, advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients and businesses |
Customizable services, dedicated account managers |
Requires corporate documentation |
| Islamic Account |
Traders adhering to Islamic finance principles |
Swap-free trading, no overnight interest |
Available upon request |
| Demo Account |
All trader levels |
Practice trading with virtual funds |
No risk, ideal for strategy testing |
Account Opening Process
To open an account with Century Investment Futures, prospective clients must follow a structured process. Initially, users will need to submit personal information, including name, contact details, and nationality. Next, employment information such as occupation and employer details must be provided. Lastly, financial information, including income sources and trading experience, will be required.
Identity verification is a crucial step, where clients must submit valid identification documents, such as a national ID or passport, along with proof of address like utility bills or bank statements. The platform allows for future flexibility, enabling users to upgrade to a professional account as 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 spreads for minors |
| CFDs (Stocks) |
0.1% – 0.5% |
$5 per lot |
Varies by stock volatility |
| CFDs (Commodities) |
0.3% |
$3 per lot |
Standardized commissions |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, clients of Century Investment Futures should be aware of various other costs. Deposit and withdrawal fees may apply depending on the payment method chosen. Inactivity fees could be incurred if an account remains dormant for an extended period. Platform usage fees apply to certain advanced tools, and overnight interest charges (swap rates) might be applicable depending on the account type. Additionally, currency conversion fees may be charged when trading in different currencies.
