What Account Types and Fees Does Fortune Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginner traders |
Low entry barriers, user-friendly platform |
Ideal for small-capital practice |
| Professional Account |
Experienced traders |
Higher leverage, advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customized services, tailored solutions |
Requires corporate documentation |
| Islamic Account |
Islamic traders |
Swap-free trading conditions |
Must adhere to Islamic finance principles |
| Demo Account |
New traders |
Practice trading without real money |
Limited access; not available for all users |
Account Opening Process
To open an account with Fortune, follow these steps: First, submit your personal information, including your name, contact details, and date of birth. Next, provide employment and financial information to establish your trading profile. Identity verification is necessary and involves uploading a government-issued ID and proof of your address, such as a recent utility bill. Once you complete this process, you can start with a retail account and have the flexibility to upgrade to a professional account later if you meet the criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| CFDs (Stocks) |
1.2 |
$10 |
Varies by stock volatility |
| CFDs (Indices) |
1.5 |
$8 |
Competitive for major indices |
| CFDs (Commodities) |
2.0 |
$5 |
Standard fees for commodities |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, Fortune may charge deposit and withdrawal fees, although specific amounts are not defined. There can be inactivity fees applicable if your account remains dormant for an extended period. Additionally, platform usage fees may apply, depending on the services utilized. Overnight interest (swap rates) is also charged on positions held overnight. Lastly, currency conversion fees may be incurred when trading in different currencies.
