What Account Types and Fees Does LGT Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and retail traders |
Accessible minimum deposits, user-friendly trading platform |
Suitable for small-capital practice and personal trading |
| Professional Account |
Experienced traders and professionals |
Higher leverage, lower spreads, tailored services |
Requires verified trading volume and experience |
| Corporate Account |
Corporate clients and institutions |
Multi-user access, dedicated account management |
Requires corporate documentation and minimum balance |
| Islamic Account |
Traders requiring swap-free options |
No overnight interest; compliant with Sharia law |
Available upon request with necessary documentation |
| Demo Account |
New traders and those testing strategies |
Practice trading with virtual funds, risk-free environment |
No capital requirement; time-limited access |
Account Opening Process
To open an account with LGT, follow these steps:
1. Submit personal information including name, contact details, and nationality.
2. Provide employment details and financial information, including income sources and expected trading volume.
3. Complete identity verification by submitting a government-issued ID and proof of address.
4. LGT allows for future flexibility; you can upgrade from a retail to a professional account later as your trading experience grows.
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 rates for minors |
| CFDs (Stocks) |
0.1% |
$5 per lot |
Varies by stock |
| CFDs (Indices) |
0.5% |
$3 per lot |
Low-cost access to major indices |
| CFDs (Commodities) |
0.2% |
$4 per lot |
Wide range of commodities available |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
LGT may charge several additional fees, which include:
– Deposit/withdrawal fees may apply based on the payment method used.
– Inactivity fees are charged if an account remains dormant for an extended period.
– Platform usage fees are applicable for specific trading tools or premium features.
– Overnight interest (swap rates) is applied to positions held overnight, depending on the account type.
– Currency conversion fees may be incurred when trading in currencies other than the account currency.
