What Account Types and Fees Does Capital Markets Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners |
Access to major forex pairs with basic trading features. |
Suitable for small-capital practice. |
| Professional Account |
Experienced traders |
Higher leverage options and advanced trading tools. |
Requires trading volume qualifications. |
| Corporate Account |
Corporate clients |
Customized services for business trading needs. |
Requires corporate documentation. |
| Demo Account |
New traders |
Practice trading without real money. |
Ideal for testing strategies risk-free. |
Account Opening Process
To open an account with Capital Markets, potential traders must follow several steps. First, they will need to provide personal information, including their name and contact details. Next, employment information is required, alongside financial details to assess trading suitability. Identity verification is a crucial part of the process; traders must submit a valid ID and proof of address. Additionally, there is flexibility in account management, allowing users to upgrade to a professional account at a later stage if they meet the necessary criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
Varies |
$0 |
Competitive spreads available. |
| Forex (Minor Pairs) |
Varies |
$0 |
Spreads may be higher than major pairs. |
| CFDs (Stocks) |
Varies |
$0 |
Depends on the stock selected. |
| CFDs (Indices) |
Varies |
$0 |
Market-dependent pricing. |
| CFDs (Commodities) |
Varies |
$0 |
Reflects commodity market conditions. |
| Cryptocurrencies |
Varies |
$0 |
Market conditions influence spreads. |
Other Fees
Traders should be aware of additional fees that might apply when using Capital Markets. These include potential deposit and withdrawal fees, inactivity fees for dormant accounts, and overnight interest (swap rates) for positions held overnight. Currency conversion fees may also apply when trading in different currencies. Understanding these costs is essential for effective trading and financial planning.
