What Account Types and Fees Does ACG Markets Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners |
Accessible with lower capital requirements, competitive spreads |
Suitable for small-capital practice |
| ECN Account |
Experienced Traders |
Tighter spreads, faster execution |
Requires higher trading volumes |
| Demo Account |
Novice Traders |
Practice trading without risk |
Ideal for skill development |
Account Opening Process
To open an account with ACG Markets, prospective traders will need to go through a structured process that includes the submission of personal, employment, and financial information. The steps are as follows: 1. Visit the official ACG Markets website and click on the “sign up” button. 2. Fill in your personal details including full name, email, and password. 3. Agree to the terms of service and privacy policy. 4. Verify your email through the link sent to your inbox. 5. Upload identity documents and proof of residence for KYC verification. Notably, ACG Markets allows account flexibility, such as upgrading to a professional account later if desired.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
1.2 |
$0 (variable depending on account) |
Competitive spreads for major pairs |
| CFDs (indices) |
1.5 |
$0 (variable depending on account) |
Includes major global indices |
| Commodities (Gold) |
2.0 |
$0 (variable depending on account) |
Standard fees for commodities |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, other costs may include: – Deposit/withdrawal fees: Typically, ACG Markets does not impose fees on deposits or withdrawals. – Inactivity fees: ACG Markets may charge fees for dormant accounts. – Platform usage fees: No specific fees mentioned for platform use. – Overnight interest (swap rates): This may apply based on market conditions and positions held overnight. – Currency conversion fees: May apply if transactions involve currency conversion.
