What Account Types and Fees Does BISON PRIME Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Individual Account |
Beginner to experienced traders |
Competitive spreads, flexible leverage |
Available for personal trading |
| Institutional Account |
Professional institutional investors |
Customizable spreads and leverage, dedicated account manager |
Requires significant capital |
| Corporate Account |
Corporate clients |
Professional services and tailored solutions |
Requires corporate documentation |
| Professional Account |
Experienced traders |
Higher leverage, reduced trading costs |
Requires trading volume qualifications |
| Government Account |
Government entities |
Specialized services and compliance |
Requires government documentation |
Account Opening Process
To open an account with BISON PRIME, follow these steps: 1. Visit the BISON PRIME website and click on the “Open Account” button. 2. Enter your personal information, including your name, address, date of birth, and create a username and password. 3. Submit your employment and financial information. 4. Fund your account using available methods such as wire transfer or cryptocurrency. 5. Complete identity verification by providing a government-issued ID and proof of address. 6. Once verified, you can start trading. Note that account flexibility allows for upgrading to a professional account later.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
Varies |
$0 |
Tight spreads for major pairs |
| CFDs (Stocks, Indices) |
Varies |
$0 |
Competitive pricing on popular indices |
| Cryptos (BTC, ETH) |
Varies |
$0 |
Variable spreads based on market conditions |
Other Fees
BISON PRIME may impose various other fees, including: – Deposit/withdrawal fees: No fees for deposits, but a $25 fee for withdrawals under $100. For withdrawals over $100, a fee of 0.5% applies. – Inactivity fees: Accounts inactive for six months may receive a notification, and failure to log in within 30 days of the notification may lead to account closure. – Platform usage fees: Not specified, but users should check terms. – Overnight interest: Fees apply for margin accounts. – Currency conversion fees: May apply when trading in different currencies.
