What Account Types and Fees Does ORIENT SECURITIES Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginner and intermediate traders |
Low minimum deposit, access to a wide range of financial instruments |
Suitable for traders starting with small capital |
| Professional Account |
Experienced traders |
Higher leverage, lower spreads, advanced trading tools |
Requires proof of trading experience and higher trading volume |
| Corporate Account |
Corporate clients |
Customized services, dedicated account management |
Requires corporate documentation and verification |
| Islamic Account |
Islamic traders |
Swap-free, compliant with Sharia law |
Available upon request, requires verification of eligibility |
| Demo Account |
All traders |
Practice trading without financial risk, access to trading tools |
No real funds involved, suitable for testing strategies |
Account Opening Process
To open an account with ORIENT SECURITIES, follow these steps: First, submit your personal information, including your full name, date of birth, and contact details. Next, provide employment information, such as your occupation and employer details. Additionally, submit financial information, including your annual income and net worth. Identity verification is necessary, requiring a valid ID and proof of address. The process is flexible, allowing users to upgrade to a professional account later if they meet the necessary criteria.
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 spreads for GBP pairs |
| CFDs (Stocks) |
1.5 |
$5 per lot |
Variable spreads depending on volatility |
| CFDs (Indices) |
1.0 |
$4 per lot |
Includes major global indices |
| CFDs (Commodities) |
2.0 |
$3 per lot |
Widely traded commodities |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, ORIENT SECURITIES may charge various other fees. These include deposit and withdrawal fees, which can vary based on the method used. Inactivity fees may apply if an account remains dormant for a specific period. Platform usage fees are typically waived for active accounts, but it’s advisable to confirm. Overnight interest, or swap rates, will be applied to positions held overnight, and currency conversion fees can occur when trading in currencies other than your account’s base currency.
