What Account Types and Fees Does Crib Markets Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Cent Account |
Beginners |
Low minimum deposit, micro lot trading, zero commission |
Suitable for small-capital practice |
| Standard Account |
New Traders |
Simple trading conditions, flexible lot sizes, zero commission |
Ideal for those with limited trading experience |
| Gold Account |
Experienced Traders |
Enhanced tools, higher leverage, and advanced features |
Requires moderate trading experience |
| Diamond Account |
High-Volume Traders |
Lowest spreads, custom trading options |
Designed for serious traders seeking volume advantages |
| VIP / Pro / ECN Account |
Professional Traders |
Tight spreads, direct market access, and advanced trading tools |
Requires significant trading volume or experience |
| Islamic Account |
Muslim Traders |
Swap-free trading options with competitive spreads |
Must meet specific religious requirements |
Account Opening Process
To open an account with Crib Markets, follow these straightforward steps:
1. Register: Visit the Crib Markets website and fill out the registration form with your personal details.
2. Verification: Complete the identity verification process, which may include submitting proof of identity and a residential address.
3. Fund Your Account: Make the minimum deposit required for your selected account type using one of the available payment methods.
4. Start Trading: Once your account is funded, you can begin trading on the platform.
Account flexibility is available, allowing you to upgrade to a professional account in the future if your trading needs change.
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) |
Standard conditions for minors |
| CFDs (NAS100) |
1.5 |
$0 |
Competitive fees for indices |
| CFDs (Gold) |
3.0 |
$0 |
Standard spreads for commodities |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
Crib Markets also imposes several other fees that traders should be aware of:
– Deposit/Withdrawal Fees: Fees may apply depending on the payment method used.
– Inactivity Fees: Charges may be incurred if the account remains inactive for an extended period.
– Platform Usage Fees: Some platforms may have associated fees, although many are free.
– Overnight Interest (Swap Rates): Applicable for positions held overnight, especially for non-Islamic accounts.
– Currency Conversion Fees: Fees for converting funds from one currency to another during transactions.
