What Account Types and Fees Does Surya Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, educational resources, and user-friendly interface |
Suitable for small-capital practice |
| Professional Account |
Experienced traders and professionals |
High leverage, advanced trading tools, and lower spreads |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customized services, dedicated account manager |
Requires corporate documentation |
| Islamic Account |
Traders seeking Sharia-compliant services |
Swap-free trading options |
Must provide relevant documentation |
| Demo Account |
New traders and those wishing to practice |
Access to a simulated trading environment with virtual funds |
Ideal for testing strategies without risk |
Account Opening Process
To open an account with Surya, follow these steps: First, provide your personal information, including your name, contact details, and date of birth. Next, submit your employment and financial information to verify your income and trading experience. After filling out the required forms, you will need to undergo identity verification by submitting a valid ID and proof of address. This process ensures compliance with regulatory standards. Surya also offers account flexibility, allowing you to upgrade from a retail to a professional account as your 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 for minor pairs |
| CFDs (indices) |
1.5 |
$5 per lot |
Varies by index |
| CFDs (commodities) |
2.0 |
$5 per lot |
Standard rates |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
Surya has several additional fees that traders should be aware of. There may be deposit and withdrawal fees, which can vary based on the payment method. Inactivity fees may apply if your account remains dormant for an extended period. Additionally, if you utilize the trading platform, ensure to check for any associated usage fees. Overnight interest rates (swap rates) may also apply to positions held overnight, and currency conversion fees could be incurred when trading in different currency pairs.
