What Account Types and Fees Does Equiti Capital Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and retail traders |
Access to a wide range of instruments, low minimum deposit |
Ideal for new traders looking to practice and learn |
| Professional Account |
Experienced traders |
Higher leverage, lower spreads, and enhanced trading conditions |
Requires proof of trading experience and volume |
| Corporate Account |
Corporate clients and institutions |
Customizable services, dedicated support, and tailored solutions |
Requires corporate documentation and verification |
| Islamic Account |
Traders requiring Sharia-compliant options |
Swap-free trading, no overnight interest |
Must be verified for eligibility |
| Demo Account |
All traders |
Risk-free trading environment to practice strategies |
Available for all users, no capital required |
Account Opening Process
To open an account with Equiti Capital, prospective traders must complete several steps. Initially, applicants need to submit personal information, which includes name, address, and contact details. Following this, employment and financial information is required to assess the applicant’s trading experience and financial status. Additionally, identity verification is mandatory, which involves providing a valid ID and proof of address, such as a utility bill. This ensures compliance with regulatory requirements. It’s important to note that once an account is established, users have the flexibility to upgrade to a professional account in the future as their trading experience and volume grow.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive spreads |
| CFDs (Stocks) |
1.5 |
$0.10 per share |
Varies by stock |
| CFDs (Indices) |
1.0 |
$0 |
Low fees on major indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
| CFDs (Commodities) |
2.0 |
$0 |
Standard spreads apply |
Other Fees
Equiti Capital has several other fees that traders should be aware of. Deposit and withdrawal fees may apply depending on the payment method used. Inactivity fees are charged if an account remains dormant for an extended period. Additionally, platform usage fees may apply for certain features, while overnight interest or swap rates are applicable for positions held beyond trading hours. Lastly, currency conversion fees may be incurred for transactions involving different currencies.
