What Account Types and Fees Does Avior Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and general traders |
Standard access to trading instruments |
Suitable for individuals starting in trading |
| Professional Account |
Experienced traders |
Potential for higher trading volumes and enhanced services |
May require verification of trading experience and capital |
| Corporate Account |
Institutional clients |
Customized services for corporate trading needs |
Requires corporate documentation and compliance |
| Islamic Account |
Traders seeking swap-free options |
Designed to comply with Islamic finance principles |
Verification may be required for eligibility |
| Demo Account |
All traders |
Practice trading without risk |
Ideal for testing strategies and platform |
Account Opening Process
To open an account with Avior, prospective clients need to follow a structured process. Initially, they must submit personal information, including their name, contact details, and employment background. Financial information is also required to assess trading capabilities. During the account setup, clients will undergo identity verification, which involves providing an identification document and proof of address. This process ensures compliance with necessary regulations. Additionally, there is flexibility to upgrade to a professional account later, should the trader meet the required criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
Varies |
Not specified |
Typical spreads apply |
| CFDs (Stocks) |
Varies |
Not specified |
Depends on the specific stock |
| Indices |
Varies |
Not specified |
Standard market conditions |
| Commodities (Gold, Oil) |
Varies |
Not specified |
Market fluctuations affect pricing |
| Cryptocurrencies (BTC, ETH) |
Varies |
Not specified |
Subject to market volatility |
Other Fees
Avior may impose various fees that traders should be aware of. These can include deposit and withdrawal fees, which may vary depending on the payment method. Inactivity fees could be charged if the account remains dormant for an extended period. Additionally, platform usage fees might apply, depending on the specific services utilized. Overnight interest, commonly referred to as swap rates, could also impact positions held overnight. Lastly, currency conversion fees might be applicable when trading in different currencies.
