What Account Types and Fees Does Eclipse Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low initial deposit, user-friendly platform |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
Higher leverage, tighter spreads |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Custom services, dedicated support |
Requires corporate documentation |
| Islamic Account |
Traders seeking swap-free options |
Compliant with Sharia law |
Available for all account types upon request |
| Demo Account |
New traders |
Practice trading without risk |
Limited availability |
Account Opening Process
To open an account with Eclipse, prospective clients must follow a streamlined process that includes submitting personal, employment, and financial information. This ensures that the broker can assess the applicant’s suitability for trading. Additionally, identity verification is required; clients need to provide a valid ID and proof of address. Eclipse offers account flexibility, allowing clients to upgrade from a retail to a professional account 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 rates for minors |
| CFDs (Stocks) |
0.1% |
$0.1 |
Varied based on stock |
| CFDs (Indices) |
0.5% |
$0.2 |
Varies by index |
| CFDs (Commodities) |
0.3% |
$0.1 |
Depending on commodity |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
Clients should be aware of additional fees that may apply, including deposit and withdrawal fees, which can vary depending on the payment method. Inactivity fees may apply if an account remains dormant for an extended period. While there are no explicit platform usage fees mentioned, clients should also consider potential overnight interest (swap rates) on positions held beyond the trading day. Lastly, currency conversion fees may apply for transactions involving different currencies.
