What Account Types and Fees Does DONGHUA FUTURES Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners, casual traders |
Low minimum deposit, user-friendly platform |
Suitable for small-scale trading |
| Professional Account |
Experienced traders |
Higher leverage, advanced trading tools |
Requires proof of trading experience |
| Corporate Account |
Corporate clients |
Customized services, dedicated account manager |
Requires corporate documentation |
| Islamic Account |
Traders seeking swap-free options |
Complies with Sharia law, no overnight interest |
Available to all eligible traders |
| Demo Account |
All traders |
Practice trading without financial risk |
Ideal for testing strategies |
Account Opening Process
To open an account with DONGHUA FUTURES, you need to follow a straightforward process. First, you will submit your personal information, including your name, address, and contact details. Next, you will provide employment information and details about your financial status. Identity verification is crucial, so you will need to upload a government-issued ID along with proof of address, such as a utility bill or bank statement. Once your application is approved, you can start trading. Additionally, DONGHUA FUTURES allows flexibility in account types, meaning you can upgrade to a professional account later if your trading experience qualifies you for it.
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 spreads |
| CFDs (Stocks) |
0.5 |
$5 per lot |
Variety of stocks available |
| CFDs (Indices) |
1.5 |
$2 per lot |
Includes major indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, DONGHUA FUTURES may impose certain other costs. There are potential deposit and withdrawal fees, which can vary based on the payment method. Inactivity fees may apply if your account remains dormant for an extended period. If you utilize the trading platform, there could be associated usage fees depending on your account type. Additionally, overnight interest, referred to as swap rates, will be applicable for positions held overnight. Currency conversion fees may also apply when trading in non-local currencies.
