What Account Types and Fees Does RaiseFX Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginner to intermediate traders |
Leverage up to 1:500, floating spreads from 0.0 pips, no commission |
Minimum deposit of €200, suitable for various trading strategies |
| Corporate Account |
Corporate clients and institutional traders |
Leverage up to 1:500, floating spreads from 0.0 pips, commission of $0.05 per lot |
Requires corporate documentation, minimum deposit of €200 |
| Islamic Account |
Muslim traders |
Swap-free trading conditions |
Available upon request with minimum deposit of €200 |
| Demo Account |
New traders and those testing strategies |
Access to all features of the trading platform without financial risk |
No minimum deposit required, perfect for practice |
Account Opening Process
Opening an account with RaiseFX is designed to be straightforward. Prospective traders should follow these steps: First, visit the RaiseFX website and click the “Sign Up” button. Next, complete the registration form by providing personal details such as your name, email address, and phone number. After that, create a username and a strong password. The next step involves verifying your identity by submitting identification documents, including a government-issued ID and proof of address. Once your identity is verified, you can fund your account with the minimum required deposit of €200. RaiseFX also offers account flexibility, allowing users to upgrade to a professional account in the future based on their trading volume and experience.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Competitive spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Attractive trading conditions |
| CFDs (Stocks) |
0.15% |
$0.05 per lot |
Transparent pricing structure |
| CFDs (Indices) |
0.5% |
$0.05 per lot |
Good liquidity and market access |
| CFDs (Commodities) |
0.3% |
$0.05 per lot |
Variety of options available |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable spreads based on market conditions |
Other Fees
In addition to trading fees, RaiseFX applies several other costs that traders should be aware of. These include deposit and withdrawal fees, which may vary depending on the payment method used. Inactivity fees apply if the account remains dormant for an extended period. Furthermore, traders should consider platform usage fees if applicable, as well as overnight interest rates (swap rates) that may affect positions held overnight. Lastly, currency conversion fees may apply when trading in different currencies.
