What Account Types and Fees Does Going Securities Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginner to intermediate traders |
User-friendly interface, access to a wide range of trading instruments |
Suitable for traders looking to gain experience in the forex market |
| Professional Account |
Experienced traders |
Enhanced trading conditions, potentially higher leverage |
Requires proof of trading experience and volume qualifications |
| Corporate Account |
Corporate clients |
Customized trading solutions, dedicated account management |
Requires corporate documentation for verification |
| Islamic Account |
Traders requiring swap-free conditions |
Complies with Sharia law, no overnight interest |
Available upon request, requires appropriate documentation |
| Demo Account |
All traders |
Practice trading with virtual funds, access to the full platform |
Ideal for testing strategies before trading live |
Account Opening Process
To open an account with Going Securities, traders need to follow a straightforward process. This involves submitting personal information along with employment and financial details. Additionally, identity verification is required, which typically includes providing a valid ID and proof of address. The account structure is flexible, allowing traders to upgrade from a retail to a professional account as their trading experience and volume increase.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
Varies |
$0 |
Competitive spreads available |
| CFDs (Stocks) |
Varies |
Variable |
Dependent on market conditions |
| Indices (S&P 500) |
Varies |
Variable |
Market conditions apply |
| Commodities (Gold, Oil) |
Varies |
Variable |
Market conditions apply |
| Cryptocurrencies (BTC, ETH) |
Varies |
Variable |
Market conditions apply |
Other Fees
Going Securities may apply various fees that traders should be aware of. These can include deposit and withdrawal fees, inactivity fees for accounts that are dormant for an extended period, and any applicable platform usage fees. Additionally, overnight interest charges may apply for positions held overnight, and currency conversion fees could be incurred for transactions involving different currencies.
