What Account Types and Fees Does ALKHAIR CAPITAL Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly interfaces |
Ideal for small-capital practice |
| Professional Account |
Experienced traders |
Higher leverage, access to advanced trading tools |
Requires proof of trading experience |
| Corporate Account |
Corporate clients and institutions |
Customizable services, multi-user access |
Requires corporate documentation and verification |
| Islamic Account |
Traders seeking Sharia-compliant options |
Swap-free trading conditions |
Available upon request with relevant documentation |
| Demo Account |
New and practicing traders |
Simulated trading environment, no risk |
Not available currently |
Account Opening Process
To open an account with ALKHAIR CAPITAL, prospective clients need to undertake several steps. Initially, they must submit personal information, including their name, contact details, and date of birth. Following this, employment information, such as job title and employer details, must be provided. Additionally, financial information regarding income and trading experience will be required to assess suitability.
Identity verification is a crucial step, necessitating documents such as a government-issued ID and proof of address (utility bill or bank statement). Once the application is submitted, the account may be opened, allowing for flexibility in upgrading to a professional account later on, subject to meeting 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 for minor pairs |
| CFDs (Stocks) |
0.2% |
$5 per lot |
Varies by stock |
| CFDs (Indices) |
0.5% |
$5 per lot |
Market-indexed spreads |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, ALKHAIR CAPITAL may impose various other charges. These may include deposit and withdrawal fees, which can vary based on the method used. Inactivity fees may apply if an account remains dormant for a specified period. There could also be platform usage fees, although specifics depend on the account type. Overnight interest, or swap rates, can be incurred on positions held overnight, and currency conversion fees may apply for trades executed in currencies different from the account’s base currency.
