What Account Types and Fees Does Applied Derivatives Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and amateur traders |
Access to competitive spreads and leverage |
Ideal for small-capital practice |
| Professional Account |
Experienced traders |
Higher leverage and advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customized services and solutions |
Requires corporate documentation |
| Demo Account |
All traders |
Practice trading without real risk |
Suitable for testing strategies |
Account Opening Process
To open an account with Applied Derivatives, traders must go through several steps. Initially, they will need to submit personal information, including their name, address, and contact details. Following this, employment and financial information must be provided to assess the trader’s background and experience. Identity verification is also required, which includes submitting an official ID and proof of address. Once the account is opened, there is flexibility to upgrade to a professional account if the trader meets the necessary criteria in the future.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 |
Tight spreads for majors |
| Forex (GBP/JPY) |
1.0 |
$0 |
Competitive spreads available |
| CFDs (Stocks) |
1.5 |
$0 |
Varies by stock |
| CFDs (Indices) |
1.2 |
$0 |
Varies by index |
| CFDs (Commodities) |
2.0 |
$0 |
Standard spreads |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
Traders should be aware of various fees that may apply when trading with Applied Derivatives. These include deposit and withdrawal fees, which can vary by method. Inactivity fees may be charged if an account remains dormant for an extended period. Additionally, there may be platform usage fees if applicable, overnight interest (swap rates) for positions held overnight, and currency conversion fees when trading in different currencies.
