What Account Types and Fees Does Kato Prime Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners |
Low minimum deposit, user-friendly interface |
Suitable for traders with minimal experience |
| Pro Account |
Experienced Traders |
Lower spreads, higher leverage options |
Requires a minimum deposit of $50 |
| Pro Zero Account |
Professional Traders |
Zero spreads with commission |
Best for high-frequency traders looking for low-cost trading |
| Islamic Account |
Traders needing Sharia-compliant options |
Swap-free trading |
Requires verification of Islamic compliance |
| Demo Account |
All traders |
Practice trading without financial risk |
Ideal for testing strategies or platform features |
Account Opening Process
To open an account with Kato Prime, traders must follow these steps:
1. Submit personal information, including name, email, phone number, and date of birth.
2. Provide employment details, such as occupation and employer information.
3. Fill out financial information, including trading experience and investment objectives.
4. Complete identity verification by submitting a government-issued ID and proof of address (e.g., utility bill).
5. Note that account flexibility allows for upgrading to a professional account as trading experience and volume increase.
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) |
Low spreads with swift execution |
| CFDs (Stocks) |
1.5 |
$0 (varies by stock) |
Competitive spreads on major stocks |
| CFDs (Indices) |
0.5 |
$0 |
Low-cost trading on major indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market volatility |
Other Fees
Additional costs associated with trading on Kato Prime include:
– Deposit/withdrawal fees: No fees for deposits; withdrawal fees may apply depending on the method.
– Inactivity fees: Charges may apply if the account is dormant for an extended period.
– Platform usage fees: No fees for using the MT4 or MT5 platforms.
– Overnight interest (swap rates): Applicable for positions held overnight, varies by instrument.
– Currency conversion fees: May apply if deposits or withdrawals are made in currencies other than the account’s base currency.
