What Account Types and Fees Does RSI Global Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Access to a wide range of trading instruments |
Suitable for individuals new to trading |
| Professional Account |
Experienced traders |
Potential for higher leverage and trading limits |
Requires proof of trading experience and volume |
| Corporate Account |
Corporate clients |
Customized trading solutions and services |
Requires corporate documentation for setup |
| Islamic Account |
Traders seeking swap-free trading |
Compliant with Sharia law |
Available upon request and eligibility verification |
| Demo Account |
New traders and those practicing strategies |
Risk-free environment to test trading strategies |
No financial commitment required |
Account Opening Process
To open an account with RSI Global, prospective clients must follow several steps. Initially, they will need to submit personal information, including name, address, and date of birth. Following this, employment and financial information will need to be provided to assess the applicant’s trading needs. Identity verification is also required, which typically involves submitting a form of identification and proof of address. Once the account is set up, 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 (EUR/USD) |
Varies |
Varies |
Tight spreads for major pairs |
| CFDs (Stocks) |
Varies |
Varies |
Depends on the specific stock |
| CFDs (Indices) |
Varies |
Varies |
Market-dependent spreads |
| CFDs (Commodities) |
Varies |
Varies |
Varies with commodity |
| Cryptocurrencies (BTC/USD) |
Varies |
Varies |
Dependent on market conditions |
Other Fees
Additional fees may apply when trading with RSI Global. These may include deposit and withdrawal fees, which can vary depending on the selected payment method. Inactivity fees might also be charged if an account remains dormant for an extended period. While there are no direct platform usage fees mentioned, overnight interest (swap rates) may apply to positions held overnight. Lastly, currency conversion fees could be relevant for traders dealing in multiple currencies.
