What Account Types and Fees Does Euroxx 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 and high-volume investors |
High leverage, reduced spreads |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients and institutions |
Customized services, dedicated account management |
Requires corporate documentation |
| Islamic Account |
Traders seeking compliance with Sharia law |
Swap-free options available |
Must provide relevant certifications |
| Demo Account |
New traders for practice |
Virtual funds for risk-free trading |
No real market exposure, limited time access |
Account Opening Process
To open an account with Euroxx, interested traders should follow these steps: first, submit personal information, including full name, email address, and contact number. Next, provide employment details, such as occupation and employer information. Financial information, including income and trading experience, is also required. After completing these sections, traders must undergo identity verification by submitting a copy of their ID and proof of address. The process allows for flexibility, as users can upgrade to a professional account in the future based on their trading activity and qualifications.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| CFDs (Stocks) |
1.5 |
$0 (ECN: $4/lot) |
Varied based on stock volatility |
| CFDs (Indices) |
1.2 |
$0 (ECN: $3/lot) |
Competitive pricing for major indices |
| CFDs (Commodities) |
2.0 |
$0 (ECN: $5/lot) |
Spreads can widen in volatile markets |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
Traders should also be aware of additional fees that may apply: deposit and withdrawal fees may vary depending on the payment method chosen. Inactivity fees can be charged if an account remains dormant for an extended period. Platform usage fees might apply, and overnight interest (swap rates) is incurred for positions held overnight. Additionally, currency conversion fees may apply when trading in currencies different from the account’s base currency.
