What Account Types and Fees Does TFCapital 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 practice without high risks |
| Professional Account |
Experienced and high-volume traders |
Higher leverage, tighter spreads, advanced tools |
Requires proof of trading experience or volume |
| Corporate Account |
Corporate clients and institutions |
Customized services, dedicated account manager |
Requires corporate documentation and higher minimum deposit |
| Islamic Account |
Traders seeking Sharia-compliant options |
Swap-free trading, compliant with Islamic finance principles |
Available upon request, requires certification |
| Demo Account |
New traders and learners |
Risk-free trading environment, access to all features |
No minimum deposit required, limited time access |
Account Opening Process
To open an account with TFCapital, users must follow a straightforward process. Initially, they will need to provide personal information, including their name, email, and phone number. Next, employment details and financial information are required to assess the user’s trading profile. Identity verification is also a critical step, necessitating proof of identity (such as a passport or national ID) and proof of address (like a utility bill or bank statement). After these documents are submitted and verified, users can enjoy flexibility in their account, with the option 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 rates for GBP pairs |
| CFDs (Stocks) |
0.2 |
$5 per lot |
Varied spreads depending on the stock |
| CFDs (Indices) |
1.5 |
$3 per lot |
Standard spreads for major indices |
| CFDs (Commodities) |
2.0 |
$4 per lot |
Reflects market volatility |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, TFCapital imposes various other costs that traders should be aware of. Deposit and withdrawal fees may apply depending on the payment method chosen. Furthermore, an inactivity fee is charged if an account remains dormant for an extended period. While there are no platform usage fees, traders should consider overnight interest (swap rates) applicable to positions held overnight. Lastly, currency conversion fees may be incurred when trading in a currency different from the account’s base currency.
