What Account Types and Fees Does Royce Capitals Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform |
Ideal for small-capital trading |
| Professional Account |
Experienced traders |
Tighter spreads, higher leverage options |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customizable services, dedicated support |
Requires corporate documentation |
| Islamic Account |
Traders seeking swap-free options |
No swaps, compliant with Sharia law |
Available upon request, subject to verification |
| Demo Account |
All levels of traders |
Risk-free environment to practice trading |
Available for all users to familiarize with the platform |
Account Opening Process
To open an account with Royce Capitals, prospective traders must follow a straightforward process, which includes the submission of personal, employment, and financial information. During this process, identity verification is required, including providing a valid ID and proof of address. Once the initial account is set up, there is flexibility for users to upgrade to a Professional Account later, depending on their trading activity and eligibility.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive spreads for minors |
| CFDs (Stocks) |
1.5 |
$5 per lot |
Fees vary by stock |
| CFDs (Indices) |
1.0 |
$2 per lot |
Spreads based on index type |
| CFDs (Commodities) |
2.0 |
$4 per lot |
Includes energy products |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
Royce Capitals has several other fees that traders should be aware of. There are no deposit fees, and withdrawal fees may apply based on the method used. Inactivity fees may be charged on accounts that remain dormant for an extended period. Additionally, platform usage fees are not applicable, but overnight interest (swap rates) may be incurred on positions held overnight. Currency conversion fees may apply when trading in different currencies.
