What Account Types and Fees Does AI GOLD Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform, and educational resources |
Ideal for small-capital practice and learning trading basics |
| Professional Account |
Experienced traders |
Higher leverage, lower spreads, and access to advanced trading tools |
Requires proof of trading experience and high trading volume |
| Corporate Account |
Businesses and institutional traders |
Customizable solutions, dedicated account management, and tailored services |
Requires corporate documentation and verification |
| Islamic Account |
Traders requiring Sharia-compliant options |
Swap-free conditions, adhering to Islamic finance principles |
Available for all traders with specific religious considerations |
| Demo Account |
New and prospective traders |
Practice trading with virtual funds, risk-free environment |
Suitable for testing strategies and familiarizing with the platform |
Account Opening Process
To open an account with AI GOLD, prospective clients must follow a straightforward process:
1. Personal Information Submission: Fill out the online registration form with your personal details, including name, contact information, and nationality.
2. Employment Information: Provide details regarding your employment status, occupation, and employer information.
3. Financial Information: Submit your financial background, including income sources and net worth, to assess suitability for trading.
4. Identity Verification: Upload required documents such as a government-issued ID and proof of address (like a utility bill or bank statement) to verify your identity.
5. Account Flexibility: Clients can choose to upgrade their accounts to professional status later if they meet the eligibility 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 for minor pairs |
| CFDs (Nikkei 225) |
1.5 |
$2.0 |
Standard commission rates apply |
| CFDs (Gold) |
0.5 |
$2.5 |
Reflects market volatility |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
AI GOLD has additional fees that traders should be aware of:
– Deposit/Withdrawal Fees: Generally, no fees for standard methods, though specific methods may incur charges.
– Inactivity Fees: Not explicitly stated but recommended to check with customer support for any applicable terms.
– Platform Usage Fees: No direct fees for using the trading platform, but potential costs for premium tools.
– Overnight Interest (Swap Rates): Charged on positions held overnight, rates vary depending on market conditions.
– Currency Conversion Fees: Applicable if trading in currencies different from the account base currency.
