What Account Types and Fees Does Valour FX Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and retail traders |
Low minimum deposit, user-friendly platform |
Suitable for small-scale trading |
| Professional Account |
Experienced traders |
Access to higher leverage and tighter spreads |
Requires proof of trading experience |
| Corporate Account |
Corporate clients |
Customized trading solutions and account management |
Requires corporate documentation |
| Islamic Account |
Traders requiring Sharia-compliant options |
Swap-free trading conditions |
Eligibility based on religious requirements |
| Demo Account |
New traders |
Practice trading without financial risk |
Limited time use, no real funds involved |
Account Opening Process
Opening an account with Valour FX involves several straightforward steps. First, prospective traders must provide personal information, including their name, address, and contact details. Next, employment information will be required to verify the applicant’s financial background. After that, interested individuals must submit financial information to assess their trading experience and capacity. Identity verification is essential, requiring an official ID and proof of address, such as a utility bill. Valour FX offers account flexibility, allowing traders to upgrade to a professional account later if their trading volume or experience warrants it.
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 for major pairs |
| CFDs (Stocks) |
1.5 |
$0 (ECN: $4/lot) |
Varies with stock volatility |
| CFDs (Indices) |
2.0 |
$0 (ECN: $4/lot) |
Spreads may widen during market events |
| CFDs (Commodities) |
2.5 |
$0 (ECN: $4/lot) |
Fixed spreads apply |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, Valour FX may impose various other costs. Deposit and withdrawal fees vary depending on the payment method chosen, with bank transfers generally being free while credit card transactions may incur a fee. An inactivity fee may be charged if the account remains dormant for an extended period. Platform usage fees are not applicable; however, overnight interest (swap rates) may apply to positions held overnight. Additionally, currency conversion fees can arise when trading in currencies other than the account’s base currency.
