What Account Types and Fees Does Eclipse Macro Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Access to a range of forex pairs and commodities |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
Potential for higher leverage and advanced trading tools |
Requires verification of trading experience |
| Demo Account |
All traders |
Practice trading without real capital |
Useful for testing strategies |
Account Opening Process
To open an account with Eclipse Macro, potential clients need to follow several steps. Firstly, they must provide personal information, including their name, email address, and contact details. Next, employment and financial information will be requested to assess the applicant’s trading experience and financial capabilities. Identity verification is also required, which involves submitting identification documents and proof of address. This process ensures compliance with necessary regulations. Additionally, there is flexibility in account types, allowing users to upgrade to a professional account later if they meet the qualifications.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
Varies |
$0 |
Generally competitive spreads |
| Forex (Minor Pairs) |
Varies |
$0 |
Spreads may be wider |
| CFDs (Indices) |
Varies |
$0 |
Reflects market conditions |
| CFDs (Commodities) |
Varies |
$0 |
Includes gold |
| Cryptos (BTC/USD) |
Varies |
$0 |
Dependent on market volatility |
Other Fees
Traders should be aware of various fees associated with their accounts. These may include deposit and withdrawal fees, which can apply to specific payment methods. Additionally, an inactivity fee may be charged if an account remains dormant for an extended period. Platform usage fees may apply depending on the tools utilized by the trader. Overnight interest, also known as swap rates, may be incurred for positions held overnight, and currency conversion fees may apply for trades involving different currencies.
