What Account Types and Fees Does Bigmarkets Offer?
| Account Type |
Target User Group |
Key Characteristics |
Applicability Notes |
| Basic Account |
Beginner traders |
Access to various trading instruments, low minimum deposit |
Suitable for small-capital practice |
| Gold Account |
Intermediate traders |
Enhanced features, potentially lower spreads |
Requires higher initial investment |
| Platinum Account |
Experienced traders |
Higher leverage options, premium support |
Significant trading volume may be required |
| VIP Account |
Professional traders |
Customized services, exclusive benefits |
Eligibility based on trading history and capital |
| Demo Account |
All traders |
Practice trading without real funds |
Perfect for testing strategies and platform familiarity |
Account Opening Process
To open an account with Bigmarkets, traders must first submit personal, employment, and financial information. This includes providing identity verification documents such as an ID and proof of address. The process ensures that the identity of the trader is confirmed and helps maintain the integrity of the trading environment. Additionally, traders have the flexibility to upgrade to a professional account later, depending on their trading needs and experience.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
1.6 |
$0 |
Competitive spreads for major pairs |
| CFDs (Indices) |
Varies |
$0 |
Market-dependent spreads |
| CFDs (Commodities) |
Varies |
$0 |
Subject to market conditions |
| Cryptocurrencies (BTC/USD) |
Varies |
$0 |
Fluctuates with market volatility |
Other Fees
In addition to trading fees, traders should be aware of other potential costs. These may include deposit and withdrawal fees, which are not explicitly detailed. Inactivity fees may apply if an account remains dormant for an extended period. Furthermore, overnight interest charges (swap rates) can be incurred for positions held overnight, and currency conversion fees may apply for transactions involving different currencies.
