What Account Types and Fees Does F-wise Capital Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Access to basic trading tools, educational resources, and low minimum deposits |
Suitable for traders with limited capital |
| Professional Account |
Experienced traders and institutional clients |
Higher leverage, lower spreads, and advanced trading features |
Requires proof of trading experience |
| Corporate Account |
Corporate clients and businesses |
Custom solutions, multiple user access, and tailored services |
Corporate documentation required |
| Islamic Account |
Traders seeking Sharia-compliant trading |
Swap-free trading conditions and no interest charges |
Verification of religious compliance needed |
| Demo Account |
All traders for practice |
Risk-free environment to test strategies and platforms |
No capital required, suitable for all levels |
Account Opening Process
To open an account with F-wise Capital, follow these steps:
1. Complete the online registration form with personal, employment, and financial information.
2. Submit identity verification documents, including a government-issued ID and proof of address.
3. Once your application is submitted, F-wise Capital will review your information and may request additional documentation.
4. After verification, your account will be activated, allowing you to deposit funds and start trading.
5. Account flexibility is available, as you can upgrade to a professional account later if your trading experience and volume meet the requirements.
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 for all pairs |
| CFDs (Stocks) |
0.2% |
$5 per trade |
Varies by stock and market conditions |
| CFDs (Indices) |
0.5% |
$5 per trade |
Includes major global indices |
| CFDs (Commodities) |
1.0% |
$5 per trade |
Includes oil and gold |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market volatility |
Other Fees
In addition to trading fees, F-wise Capital may charge the following:
– Deposit/withdrawal fees: Generally minimal or none, but may vary based on the payment method used.
– Inactivity fees: A fee may apply if the account remains inactive for an extended period.
– Platform usage fees: Not applicable for most accounts; however, check for any specific fees related to advanced tools or services.
– Overnight interest (swap rates): Charged for positions held overnight, applicable based on the account type.
– Currency conversion fees: Applicable for deposits or withdrawals in non-base currencies.
