What Account Types and Fees Does ETO Markets Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners and casual traders |
Minimum deposit of $100, floating spreads starting from 1.0 pips, no commissions |
Suitable for those looking to start trading with a low capital |
| Pro Account |
Experienced traders |
Minimum deposit of $1,000, spreads starting from 0.0 pips, commission of $3.5 per lot |
Ideal for high-frequency traders seeking low trading costs |
| Prime Account |
Serious retail investors |
Minimum deposit of $200, spreads from 1.6 pips, no trading commission |
Great for traders focusing on major pairs without additional fees |
| Demo Account |
New traders and those testing strategies |
No minimum deposit, virtual funds for practice |
Allows traders to practice without financial risk |
Account Opening Process
The account opening process at ETO Markets is designed to be straightforward and efficient, comprising several steps: First, visit the ETO Markets website and select the account type you wish to open, either a Demo or Live account. Next, fill out the registration form with personal information, including your full name, email address, and phone number. You will then need to submit identification documents for verification, such as a valid ID and proof of address (like a recent utility bill). Upon submission, your account will undergo a verification process, which typically takes a short time. Once verified, you can deposit funds into your account and begin trading. ETO Markets also offers account flexibility, allowing traders to upgrade to a professional account later if desired.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major currency pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing for all traders |
| CFDs (Stocks) |
1.5 |
$0 |
Standard spreads apply |
| CFDs (Indices) |
1.0 |
$0 |
Accessible trading conditions |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market volatility |
Other Fees
In addition to trading fees, ETO Markets may impose other costs that traders should be aware of. These include deposit and withdrawal fees, which are typically free, while inactivity fees may apply if an account remains dormant for an extended period. Traders should also consider any platform usage fees if applicable, along with overnight interest (swap rates) for holding positions overnight. Lastly, currency conversion fees may apply, especially for traders transacting in currencies other than USD.
