What Account Types and Fees Does A&C Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform |
Ideal for those new to trading |
| Professional Account |
Experienced traders |
Access to advanced tools, higher leverage |
Requires verification of trading experience |
| Corporate Account |
Corporate clients |
Customized trading solutions, dedicated support |
Requires corporate documentation |
| Islamic Account |
Traders seeking Sharia-compliant options |
Swap-free trading |
Available upon request and verification |
| Demo Account |
All traders |
Practice trading without risk |
Suitable for testing strategies |
Account Opening Process
To open an account with A&C, traders must follow a streamlined process. First, applicants need to submit personal information, including name, contact details, and date of birth. Next, employment information should be provided, detailing current occupation and income sources. Financial information regarding the applicant’s trading experience and investment goals is also required. Identity verification is crucial, necessitating the submission of a government-issued ID and proof of address, such as a utility bill. The process is designed to ensure security and compliance. Additionally, A&C offers account flexibility, allowing traders to upgrade to a professional account as their 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) |
Competitive pricing |
| CFDs (Stocks) |
1.5 |
$5 per lot |
Varied spreads based on liquidity |
| CFDs (Indices) |
1.2 |
$5 per lot |
Accessible to all traders |
| CFDs (Commodities) |
2.0 |
$5 per lot |
Consistent pricing |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
Traders should be aware of additional costs associated with their trading experience. A&C may charge deposit and withdrawal fees, which can vary based on the payment method chosen. Inactivity fees may apply if an account remains dormant for an extended period. Platform usage fees are not applicable, as the trading platform is provided at no charge. Traders should also consider overnight interest, known as swap rates, which can impact positions held beyond the trading day. Lastly, currency conversion fees may be incurred when depositing or withdrawing in currencies other than the base currency of the account.
