What Account Types and Fees Does AGSMARKETS Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Basic Account |
Beginners or casual traders |
Low minimum deposit, spreads from 0.15 pips |
Suitable for small-capital practice |
| Pro Account |
Experienced traders |
Higher leverage up to 1:200, spreads from 0.10 pips |
Requires minimum deposit of $10,000 |
| VIP Account |
Professional traders and institutions |
Lowest spreads starting from 0.05 pips, premium support |
Minimum deposit of $30,000 required |
| Islamic Account |
Traders requiring Sharia-compliant options |
Swap-free trading, no interest charged |
Must provide documentation for eligibility |
| Demo Account |
All traders for practice |
Access to the full range of trading instruments |
No real capital required, ideal for practice |
Account Opening Process
To open an account with AGSMARKETS, follow these steps: First, provide your personal information including your name, email, and phone number. Next, submit employment details such as your job title and employer. Additionally, you will need to share financial information regarding your trading experience and financial situation. Identity verification is necessary, requiring a government-issued ID and proof of address. AGSMARKETS allows for account flexibility, meaning you can upgrade to a professional account later if you meet the requirements.
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 spreads for minors |
| CFDs (Stocks) |
0.5 |
$0.01 per share |
Varies by stock |
| CFDs (Indices) |
1.5 |
$0 |
Low cost for major indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, AGSMARKETS may apply the following costs: Deposit and withdrawal fees vary by payment method, and inactivity fees apply after a specified period of account inactivity. There are no platform usage fees; however, overnight interest (swap rates) may apply for positions held overnight. Currency conversion fees may apply for deposits or withdrawals in different currencies.
