What Account Types and Fees Does HYANB Group Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Demo Account |
Beginner traders |
Practice trading with $100,000 in virtual capital |
Ideal for gaining experience without financial risk |
| Real Fund Account |
Experienced traders |
Access to real trading with the potential for actual profits |
Designed for those ready to trade with real capital |
Account Opening Process
To open an account with HYANB Group, traders must complete several steps. Initially, they will need to submit personal information, including their name, email, and contact details. Following this, employment and financial information will be required to assess the trader’s suitability. Identity verification is also mandatory, which includes providing a valid ID and proof of address. Once the account is set up, there is flexibility for traders to upgrade from a demo or real fund account to a professional account later if they meet the necessary criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
0.0 |
$0 (Subject to hidden charges) |
Competitive spreads for forex trading |
| CFDs (Indices) |
Varies |
Not disclosed |
Potential hidden fees may apply |
| CFDs (Commodities) |
Varies |
Not disclosed |
Check for additional costs |
| Cryptocurrencies |
Varies |
Not disclosed |
Fees may fluctuate based on market conditions |
Other Fees
Traders should be aware of several potential fees associated with their accounts at HYANB Group. These may include deposit and withdrawal fees, which can vary based on the payment method used. Additionally, there may be inactivity fees applied to accounts that remain dormant for extended periods. Platform usage fees are not explicitly mentioned, but it is recommended to verify whether any such fees exist. Traders should also consider overnight interest (swap rates) that may apply to positions held overnight, along with possible currency conversion fees when trading in different currencies.
