What Account Types and Fees Does RAVEX GLOBAL Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners, casual traders |
Low minimum deposit, user-friendly platform |
Requires a minimum deposit of $100 |
| Professional Account |
Experienced traders |
Higher leverage, personalized support |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Custom solutions, dedicated account manager |
Requires corporate documentation |
| Islamic Account |
Muslim traders |
Swap-free, compliant with Sharia law |
Available upon request |
| Demo Account |
New traders |
Practice trading without real money |
Accessible for all users |
Account Opening Process
To open an account with RAVEX GLOBAL, follow these steps: First, provide your personal details, including name, email, and phone number. Next, submit your employment information and financial background, which helps assess your trading experience. You will also need to complete identity verification by uploading a government-issued ID and proof of address, such as a utility bill. RAVEX GLOBAL offers flexibility, allowing you to upgrade to a professional account later if the eligibility criteria are met.
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 for minor pairs |
| CFDs (Gold) |
0.5 |
$0 (ECN: $3.0/lot) |
Attractive for commodities trading |
| CFDs (Indices) |
1.2 |
$0 (ECN: $3.0/lot) |
Standard for index trading |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market volatility |
Other Fees
RAVEX GLOBAL has several additional costs that traders should consider: Deposit and withdrawal fees may apply depending on the method used. Inactivity fees are charged if the account remains dormant for a specified period. There may also be platform usage fees for certain services. Overnight interest or swap rates apply for positions held overnight. Additionally, currency conversion fees may be incurred when trading in different currencies.
