What Account Types and Fees Does Arena Capitals Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Access to major and minor forex pairs |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
High leverage and low spreads |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customized services and flexibility |
Requires corporate documentation |
| Demo Account |
All levels of traders |
Practice trading without financial risk |
Ideal for testing strategies and platforms |
Account Opening Process
To open an account with Arena Capitals, traders must follow a straightforward process. Initially, they need to provide personal information, including employment details and financial background. Identity verification is an essential step, requiring submission of identification documents and proof of address. Once these requirements are met, traders can start with their chosen account type, and they have the option to upgrade to a professional account later if their trading activity meets the necessary criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
Varies |
$0 |
Competitive spreads depending on market conditions |
| Forex (Minor Pairs) |
Varies |
$0 |
Wider spreads compared to major pairs |
| CFDs (Stocks, Indices) |
Varies |
$0 |
Spreads depend on the specific asset |
| Commodities (Gold, Oil) |
Varies |
$0 |
Market-dependent spreads |
| Cryptocurrencies (BTC, ETH) |
Varies |
$0 |
Spreads may fluctuate based on volatility |
Other Fees
Traders should be aware of additional fees that may apply when using Arena Capitals. These can include deposit and withdrawal fees, which may vary by payment method. Inactivity fees may be charged if an account remains dormant for an extended period. While there may not be explicit platform usage fees, traders should consider potential overnight interest (swap rates) on positions held overnight. Additionally, currency conversion fees could apply when trading in different currencies.
