What Account Types and Fees Does DSL Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform |
Ideal for those starting in forex trading |
| Professional Account |
Experienced traders |
Higher leverage, lower spreads |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customized services, multi-user access |
Requires corporate documentation |
| Islamic Account |
Traders requiring swap-free options |
Compliant with Sharia law |
Available for all trading styles |
| Demo Account |
All trader levels |
Practice trading without risk |
Suitable for testing strategies |
Account Opening Process
To open an account with DSL, users must follow a straightforward process that includes the submission of personal, employment, and financial information. Identity verification is required, which involves providing a valid ID and proof of address. Additionally, the account structure allows for flexibility, enabling traders to upgrade to a professional account later on as their trading experience and volume increase.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive spreads |
| CFDs (Stocks) |
Variable |
$0.15 per share |
Commission based on transaction value |
| CFDs (Indices) |
Variable |
$1.5 per contract |
Depends on market conditions |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to standard trading fees, DSL imposes various charges that include deposit and withdrawal fees, which may vary based on the payment method chosen. An inactivity fee is applied if the account remains dormant for a specified period. Platform usage fees may also apply, depending on the services utilized. Traders should also be aware of overnight interest (swap rates) for positions held overnight, as well as potential currency conversion fees when trading in different currencies.
