What Account Types and Fees Does AlphaTick Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard STP Account |
Beginners and casual traders |
Low minimum deposit of $50, competitive spreads starting from 1.0 pips, no commission on trades |
Ideal for small-capital practice and new traders |
| Alpha ECN Account |
Experienced traders |
Tight spreads from 0.0 pips, commission of $1.50 per lot, access to advanced trading tools |
Requires higher trading volume for optimal benefit |
| Demo Account |
All trader levels |
Risk-free environment for practice, access to all trading instruments |
Available for unlimited time to hone trading skills |
Account Opening Process
Opening an account with AlphaTick is straightforward and user-friendly. The process begins with submitting personal information, including your name, email, and phone number. Following this, you’ll need to provide employment details and financial information to assess your trading experience and capacity. Identity verification is mandatory, requiring you to upload a government-issued ID and proof of address, such as a utility bill or bank statement. AlphaTick also offers account flexibility, allowing you to upgrade from a Standard STP Account to a Professional Account later, should your trading volume and experience qualify you for additional features and benefits.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $1.50/lot) |
Competitive spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $1.50/lot) |
Solid spread for minor pairs |
| CFDs (Stocks) |
1.5 |
$0 |
No commission on stock trades |
| CFDs (Indices) |
1.0 |
$3.00 |
Standard commission for index trades |
| Cryptos (BTC/USD) |
1.0% |
$0.1 |
Variable based on market conditions |
Other Fees
AlphaTick applies several additional fees that traders should be aware of. Deposit and withdrawal fees may vary depending on the payment method chosen, with some methods like bank transfers potentially incurring charges. Inactivity fees apply if no trading activity occurs within a specified period. Additionally, platform usage fees are not applicable; however, overnight interest (swap rates) may be charged on positions held overnight. Currency conversion fees can also apply when trading pairs involving different currencies.
