What Account Types and Fees Does Tracom Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, educational resources available |
Ideal for small-capital practice |
| Professional Account |
Experienced traders |
Higher leverage, lower spreads |
Requires trading volume qualification |
| Corporate Account |
Corporate clients and institutions |
Customized services, access to institutional liquidity |
Corporate documentation required |
| Islamic Account |
Traders requiring Sharia-compliant services |
Swap-free trading |
Must provide proof of eligibility |
| Demo Account |
All trader levels |
Practice trading with virtual funds |
No real money involved, perfect for practice |
Account Opening Process
To open an account with Tracom, follow these steps: First, submit your personal information, including your name, date of birth, and contact details. Next, provide employment details and financial information to assess your trading profile. Identity verification is essential, so you’ll need to submit a government-issued ID and proof of address. The account structure allows flexibility, meaning you can upgrade to a professional account if you meet the necessary criteria later on.
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 rates |
| CFDs (Stocks) |
1.5 |
$5 per lot |
Varied by stock volatility |
| CFDs (Indices) |
1.2 |
$3 per lot |
Popular indices available |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
Tracom imposes several additional costs that traders should be aware of: There may be deposit and withdrawal fees, depending on the payment method chosen. Inactivity fees might apply if the account remains dormant for an extended period. While there are no platform usage fees, overnight interest charges (swap rates) could affect your positions. Lastly, currency conversion fees may apply if trading in currencies different from your account base currency.
