What Account Types and Fees Does AvaStocks Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low spreads, access to educational resources |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
High leverage, customized services |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Dedicated account management, tailored solutions |
Requires corporate documentation |
| Islamic Account |
Traders adhering to Sharia law |
Swap-free trading |
Eligibility subject to verification |
| Demo Account |
New traders |
Practice trading without risk |
Not currently offered |
Account Opening Process
To open an account with AvaStocks, users must follow a streamlined process that involves several key steps. First, applicants need to submit personal information, including their full name, contact details, and date of birth. Following this, employment and financial information must be provided, which helps assess the applicant’s trading experience and financial stability. Identity verification is a mandatory step, requiring documentation such as a government-issued ID and proof of address, ensuring compliance with regulatory standards. Once the account is successfully opened, traders have the flexibility to upgrade to a professional account in the future if they meet the necessary criteria.
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) |
0.1% |
$10 per lot |
Varies by stock |
| CFDs (Indices) |
0.5% |
$5 per lot |
Major indices available |
| CFDs (Commodities) |
1.0% |
$10 per lot |
Includes oil and gold |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, AvaStocks may impose various other costs associated with account maintenance. Deposit and withdrawal fees can vary depending on the payment method used. Traders should also be aware of inactivity fees that apply if an account remains dormant for an extended period. Platform usage fees may be applicable, depending on the trading solutions chosen. Additionally, overnight interest (swap rates) could impact traders holding positions overnight, and currency conversion fees might be incurred for transactions involving different currencies.
