What Account Types and Fees Does AS-TEM Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and novice traders |
Designed for entry-level traders, suitable for small capital |
Ideal for practicing trading strategies with lower capital |
| Professional Account |
Experienced traders |
Offers enhanced trading features and potentially tighter spreads |
May require proof of trading experience or higher trading volumes |
| Corporate Account |
Corporate clients |
Customized services for businesses engaging in trading |
Requires corporate documentation for account setup |
| Islamic Account |
Traders seeking Sharia-compliant options |
Offers swap-free trading conditions |
Eligibility based on compliance with Islamic finance principles |
| Demo Account |
All types of traders |
Allows practice trading without real funds |
Currently not available at AS-TEM |
Account Opening Process
To open an account with AS-TEM, prospective traders need to follow a straightforward process. First, they must submit personal information, including their name, contact details, and date of birth. Next, employment and financial information are required to assess the trader’s background. Identity verification is necessary, which involves providing valid identification documents and proof of address. Once the account is established, traders may have the option to upgrade to a professional account in the future, depending on their trading activity and experience level.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (major pairs) |
Varies |
Varies |
Competitive pricing for various major pairs |
| CFDs (stocks, indices, commodities) |
Varies |
Varies |
Depends on the specific asset selected |
| Cryptocurrencies |
Not Available |
N/A |
AS-TEM does not offer cryptocurrency trading |
Other Fees
Traders should be aware of various other fees that may apply when using AS-TEM services. These can include deposit and withdrawal fees, which may vary based on the payment method chosen. Inactivity fees may apply if an account remains dormant for an extended period. Additionally, there could be platform usage fees, depending on the specific tools or services accessed. Overnight interest, also known as swap rates, may be applicable for positions held overnight, and currency conversion fees may apply if trading in multiple currency pairs.
