What Account Types and Fees Does ADMIS Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Access to a wide range of trading instruments, competitive pricing |
Suitable for traders starting with smaller capital |
| Professional Account |
Experienced traders |
Higher leverage, low spreads, advanced trading tools |
Eligibility requires meeting specific trading activity criteria |
| Corporate Account |
Corporate clients |
Tailored services, dedicated account management |
Requires corporate documentation for setup |
| Islamic Account |
Muslim traders |
Swap-free trading conditions |
Must comply with Sharia law |
| Demo Account |
All traders |
Practice trading without financial risk |
Ideal for testing strategies and platform features |
Account Opening Process
Opening an account with ADMIS is a straightforward process that involves several key steps: First, traders must submit personal information, including name and contact details. Next, they will be required to provide employment and financial information. Identity verification is crucial and includes submitting documents such as a valid ID and proof of address. Once the application is submitted, traders can expect a verification process that typically takes up to one day. Additionally, ADMIS offers flexibility for account upgrades, allowing traders to transition to a professional account should they meet the eligibility criteria later on.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
Varies |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (Minor Pairs) |
Varies |
$0 (ECN: $3.5/lot) |
Tight spreads for minor pairs |
| CFDs (Stocks) |
Varies |
Commission applies |
Dependent on stock selection |
| CFDs (Indices) |
Varies |
Commission applies |
Dependent on index selection |
| CFDs (Commodities) |
Varies |
Commission applies |
Dependent on commodity selection |
| Cryptocurrencies |
Varies |
Variable |
Depends on market conditions |
Other Fees
In addition to trading fees, ADMIS may apply several other costs. These include deposit and withdrawal fees, which can vary based on the method used. Inactivity fees may apply if an account remains dormant for a specified period. Platform usage fees are typically not charged, but overnight interest (swap rates) may occur for positions held beyond the trading day. Lastly, currency conversion fees might be applicable for transactions involving different currencies.
