What Account Types and Fees Does Fubon Securities Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
Higher leverage, advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customized services, dedicated account management |
Requires corporate documentation |
| Islamic Account |
Traders seeking swap-free options |
No overnight interest fees |
Eligibility based on religious requirements |
| Demo Account |
New traders and those testing strategies |
Practice trading with virtual funds |
No real money involved, ideal for learning |
Account Opening Process
To open an account with Fubon Securities, prospective clients must follow a straightforward process that involves several steps. First, applicants need to submit personal, employment, and financial information through the online platform. This includes providing identity verification documents such as a government-issued ID and proof of address (e.g., utility bill). Once the documents are verified, the account will be set up, allowing users to start trading. Additionally, Fubon Securities offers account flexibility, enabling users 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 major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing for minors |
| CFDs (Stocks) |
0.1% |
$20 per transaction |
Standard rates for equities |
| CFDs (Commodities) |
0.2% |
$20 per transaction |
Varied based on asset |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
Fubon Securities also has several additional fees that traders should be aware of, including:
– Deposit/Withdrawal Fees: Depending on the payment method, there may be fees associated with deposits and withdrawals.
– Inactivity Fees: Accounts that remain inactive for a specified period may incur inactivity fees.
– Platform Usage Fees: While the primary trading platform is free to use, there may be costs associated with premium features.
– Overnight Interest (Swap Rates): Standard swap rates apply for positions held overnight, which can vary based on market conditions.
– Currency Conversion Fees: Fees may apply when executing trades in currencies other than the account’s base currency.
