What Account Types and Fees Does TOP1 GROUP Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and retail traders |
Low minimum deposit, access to educational resources |
Ideal for those starting with small capital |
| Professional Account |
Experienced traders and professionals |
High leverage options, advanced trading tools |
Requires proof of trading experience or volume |
| Corporate Account |
Corporate clients and institutions |
Customized services, multi-user access |
Requires corporate documentation and minimum balance |
| Islamic Account |
Traders adhering to Islamic finance principles |
Swap-free trading, no interest fees |
Must provide documentation verifying religious adherence |
| Demo Account |
New traders and those testing strategies |
Practice with virtual funds, no risk |
Unlimited access for practice and strategy development |
Account Opening Process
To open an account with TOP1 GROUP, follow these steps:
1. Submit personal information, including your name, email, and phone number.
2. Provide employment details and financial information to assess trading experience and risk profile.
3. Complete identity verification by submitting a government-issued ID and proof of address.
4. Enjoy the flexibility of upgrading to a professional account later if your trading volume qualifies.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/JPY) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive spreads for minor pairs |
| CFDs (XAU/USD) |
1.5 |
$0 |
Includes gold trading |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
TOP1 GROUP may impose additional costs that traders should consider:
– Deposit/withdrawal fees may apply depending on the method used.
– Inactivity fees might be charged if there is no trading activity for a prolonged period.
– Platform usage fees are typically absent, but check for any applicable charges.
– Overnight interest, or swap rates, will be calculated on positions held overnight.
– Currency conversion fees may be applicable on transactions involving different currencies.
