What Account Types and Fees Does ASTRUM Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, easy access to trading tools |
Designed for individuals starting their trading journey |
| Professional Account |
Experienced traders and institutions |
Higher leverage, lower spreads |
Requires proof of trading experience and minimum trading volume |
| Corporate Account |
Corporate clients and institutions |
Custom service packages, access to dedicated account managers |
Requires corporate documentation and verification |
| Islamic Account |
Traders seeking swap-free options |
Compliant with Sharia law, no overnight interest |
Available for all eligible traders upon request |
| Demo Account |
New traders and those testing strategies |
No risk of capital loss, access to full trading features |
Unlimited access for practice trading |
Account Opening Process
To open an account with ASTRUM, potential clients must follow a straightforward process. Initially, users will need to provide personal information, including their name, contact details, and date of birth. Next, employment and financial information will be required to assess the client’s trading experience and financial background.
Identity verification is a crucial step, necessitating a valid ID and proof of address (such as a utility bill or bank statement) to ensure compliance with regulatory standards.
ASTRUM also offers flexibility; clients can upgrade from a retail to a professional account later if they meet the necessary criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major currency pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing for popular pairs |
| CFDs (Stocks) |
0.1% |
$5 per trade |
Applicable on major stock indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, ASTRUM has various other costs associated with account management. These include deposit and withdrawal fees, which may vary based on the method used. Inactivity fees may apply to accounts with no trading activity for an extended period.
If applicable, platform usage fees might be charged, along with overnight interest (swap rates) for positions held overnight. Additionally, currency conversion fees may apply for transactions involving different currencies.
