What Account Types and Fees Does VITUS Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginner to intermediate traders |
Low minimum deposit, access to various market instruments |
Suitable for individual traders starting their trading journey |
| Professional Account |
Experienced traders |
Higher leverage, advanced trading tools |
Requires trading experience and higher deposit |
| Corporate Account |
Corporate clients |
Customized services, tailored solutions |
Requires corporate documentation for setup |
| Islamic Account |
Traders seeking Sharia-compliant trading |
Swap-free trading options |
Available upon request and subject to verification |
| Demo Account |
All traders |
Practice trading without risk, familiarization with the platform |
Accessible to everyone, ideal for testing strategies |
Account Opening Process
Opening an account with VITUS involves a straightforward process that can be completed in four steps: 1. Online Registration: Start by visiting the VITUS website and navigate to the account registration section. Fill in the online application form with your personal and financial details, such as name, address, email, and trading experience. 2. Document Submission for Verification: Submit the required documents for identity and residence verification. This typically includes a government-issued ID (like a passport or driver’s license) and a proof of residence document, such as a utility bill or bank statement. 3. Account Approval: Wait for the verification process to complete. Once your documents are approved, VITUS will activate your account. 4. Funding Your Account: After your account is approved and activated, you can proceed to fund it with the minimum required deposit of $1,000. Clients can also upgrade to a professional account later if they meet the necessary criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.3 – 1.6 |
$0 |
Competitive spreads for various pairs |
| CFDs (Stocks) |
Varies |
$0 |
No commission on trades |
| CFDs (Indices) |
Varies |
$0 |
No commission on trades |
| CFDs (Commodities) |
Varies |
$0 |
No commission on trades |
| Cryptocurrencies (BTC/USD) |
Varies |
$0 |
Variable spreads depending on market conditions |
Other Fees
Clients should be aware of the following additional fees: – Deposit/Withdrawal Fees: Potential fees may apply depending on the chosen method. – Inactivity Fees: Charges may occur if the account remains inactive for an extended period. – Platform Usage Fees: No specific fees for using the Meta Trader 5 platform. – Overnight Interest (Swap Rates): Applicable depending on the positions held overnight. – Currency Conversion Fees: May apply when trading in a currency different from the account’s base currency.
