What Account Types and Fees Does Allianz Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and retail investors |
Low minimum deposit, educational resources, and user-friendly interface |
Suitable for small-capital practice |
| Professional Account |
Experienced traders and institutional clients |
Higher leverage, advanced trading tools, and dedicated account manager |
Requires trading volume qualifications |
| Corporate Account |
Corporations and business entities |
Customizable service, multi-user access, and tailored trading conditions |
Requires corporate documentation |
| Islamic Account |
Traders requiring Sharia-compliant options |
Swap-free trading and adherence to Islamic finance principles |
Available to all eligible trading clients |
| Demo Account |
New traders or those testing strategies |
Practice trading with virtual funds and no risk |
No financial commitment required |
Account Opening Process
To open an account with Allianz, prospective clients need to follow a structured process: 1. Submission of personal information, including name, address, and contact details. 2. Employment details, such as occupation and employer’s name. 3. Financial information, including income and trading experience. 4. Identity verification, which requires a government-issued ID and proof of address (e.g., utility bill or bank statement). Clients should note that they have the flexibility to upgrade to a professional account later, should their trading volume or experience increase.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing for GBP pairs |
| CFDs (Stocks) |
0.1% |
$5 per lot |
Standard commission applies |
| CFDs (Indices) |
0.5% |
$5 per lot |
Variety of indices available |
| CFDs (Commodities) |
1.0% |
$5 per lot |
Includes gold and oil options |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
Allianz accounts may incur additional costs including: 1. Deposit and withdrawal fees which may vary based on the method used. 2. Inactivity fees charged if there are no trades for a specified period. 3. Platform usage fees may apply for certain advanced trading platforms. 4. Overnight interest (swap rates) for holding positions overnight. 5. Currency conversion fees for transactions involving different currencies.
