What Account Types and Fees Does CHINA DRAGON Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low deposit requirements, user-friendly interface |
Ideal for small-capital practice |
| Professional Account |
Experienced traders |
High leverage, access to advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customized services, multi-user access |
Requires corporate documentation |
| Islamic Account |
Traders requiring swap-free conditions |
Compliant with Sharia law, no overnight interest |
Available upon request |
| Demo Account |
All traders for practice |
Risk-free trading environment, virtual funds |
No real money involved, limited time availability |
Account Opening Process
To open an account with CHINA DRAGON, potential clients must follow a systematic process. Initially, they need to submit personal information, including details about their employment and financial status. This is followed by the submission of identity verification documents, such as a government-issued ID and proof of address. The broker ensures a good level of account flexibility, allowing clients 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 majors |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive spreads |
| CFDs (Stocks) |
0.1% |
$5 per lot |
Varied fees based on stock volatility |
| CFDs (Indices) |
0.5% |
$4 per lot |
Standard commission rates |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, CHINA DRAGON may charge various other fees, including deposit and withdrawal fees, which can vary depending on the payment method used. Inactivity fees may apply to dormant accounts, and there may be platform usage fees if applicable. Traders should also be aware of overnight interest (swap rates) for positions held overnight and potential currency conversion fees when trading in different currencies.
