What Account Types and Fees Does Leo Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Classic Account |
Beginners and experienced retail traders |
Low minimum deposit, fair trading conditions, access to various trading instruments |
Suitable for small-capital practice with a minimum deposit of $10 |
| Pro Account |
Experienced traders |
Lower spreads, higher leverage |
Requires a minimum deposit of $1,000 |
| ECN Account |
Professional traders |
Tight spreads, advanced trading options |
Requires a minimum deposit of $2,000 |
| Cent Account |
Beginners |
Allows trading in smaller amounts with low risk |
Minimum deposit of $10 |
| Demo Account |
All traders |
Practice trading without financial risk |
No real funds required |
Account Opening Process
To open an account with Leo, prospective clients must complete several steps. First, they will need to submit personal information, including their name, contact details, and employment information. Next, financial information is required to assess the applicant’s trading experience and investment goals. An important part of the process is identity verification, which involves submitting a government-issued ID and proof of address. It is worth noting that account flexibility is available, as clients may have the option to upgrade to a professional account later if they meet the necessary criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
0.8 |
$0 |
Tight spreads for popular pairs |
| Forex (Minor Pairs) |
Varies |
$0 |
Spreads may vary based on liquidity |
| CFDs (Stocks) |
Varies |
$X per lot |
Dependent on the specific stock |
| CFDs (Indices) |
Varies |
$X per lot |
Dependent on the specific index |
| CFDs (Commodities) |
Varies |
$X per lot |
Dependent on the specific commodity |
| Cryptocurrencies (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
Leo may impose several additional fees that traders should consider. These may include deposit and withdrawal fees depending on the payment method used. Inactivity fees could also apply if an account remains dormant for an extended period. Additionally, if applicable, there may be platform usage fees for specific advanced features or tools. Overnight interest, also known as swap rates, may be charged or credited based on the positions held overnight. Currency conversion fees may apply when trading in different currencies.
