What Account Types and Fees Does Match Securities Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders. |
Access to a wide range of trading instruments with competitive spreads. |
Requires minimal initial deposit; ideal for small-capital investors. |
| Professional Account |
Experienced traders and institutional clients. |
Higher leverage options and access to premium trading tools. |
Eligibility requires proof of trading experience or a significant trading volume. |
| Corporate Account |
Corporate clients and businesses. |
Customizable trading solutions and dedicated account management. |
Requires corporate documentation and verification of business legitimacy. |
| Islamic Account |
Traders seeking Sharia-compliant trading options. |
Swap-free trading with no interest on overnight positions. |
Available upon request and subject to verification of eligibility. |
| Demo Account |
New traders and those testing strategies. |
Practice trading without risk using virtual funds. |
Registration required; limited access to live markets. |
Account Opening Process
To open an account with Match Securities, prospective traders need to follow a straightforward process. First, they must submit personal information, including their name, date of birth, and contact details. Next, employment details and financial information, such as income and trading experience, are required. Identity verification is crucial, and applicants must provide a government-issued ID along with proof of address, such as a utility bill or bank statement. The account is designed to be flexible, allowing users to upgrade 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 popular pairs |
| CFDs (Apple Stock) |
1.5 |
$10 per lot |
Access to major equities with good liquidity |
| CFDs (Gold) |
0.5 |
$5 per lot |
Great for trading precious metals |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, traders should be aware of other potential costs. There may be deposit and withdrawal fees depending on the chosen method, which can vary from bank transfers to credit cards. An inactivity fee may apply if the account remains dormant for an extended period. While there are no platform usage fees for Match Securities’ trading platforms, overnight interest (swap rates) may apply to positions held beyond the trading day. Currency conversion fees can also be incurred when trading in different currencies.
