What Account Types and Fees Does Kana Capitals Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners |
Low minimum deposit, fixed spreads |
Suitable for those new to trading |
| ECN Account |
Experienced traders |
Tighter spreads, faster execution |
Requires a higher minimum deposit |
| Pro Account |
Professional traders |
Tightest spreads, lowest commissions |
Requires significant trading volume |
| Islamic Account |
Traders following Shariah law |
Swap-free trading |
Must provide verification of eligibility |
Account Opening Process
Opening an account with Kana Capitals is a straightforward process that can be completed online. First, visit the broker’s website and click on the “Register” button. This will lead you to a registration page where you will need to enter your personal information, including your name, email address, and phone number. After completing the registration form, you must provide additional details to finalize the account opening, including identity verification through an ID and proof of address, as well as financial information like employment status and income levels. Once your account is approved, you will have the flexibility to fund it and start trading, with the option to upgrade to a professional account later if desired.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.2 |
$0 (Standard, Pro) |
Variable spreads on ECN |
| CFDs (Stocks, Indices) |
Varies |
Depends on account type |
Competitive spreads available |
| Cryptocurrencies (BTC/USD) |
1.0% |
Varies |
Fees depend on market conditions |
Other Fees
Kana Capitals does not charge any deposit or withdrawal fees, regardless of the payment method used. However, it is important to note that some payment providers may impose their own fees for processing transactions. Additionally, an inactivity fee of $50 or its equivalent in another currency is charged on accounts that remain inactive for six months or more. Traders should also be aware of potential overnight interest (swap rates) and currency conversion fees that may apply depending on their trading activities.
