What Account Types and Fees Does Highness Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Basic Account |
Beginner traders |
Low minimum deposit, spreads from 1.2 pips, no commission |
Ideal for new traders starting with small capital |
| Premium Account |
Intermediate traders |
Moderate minimum deposit, spreads from 0.8 pips, no commission |
Suitable for traders looking to enhance their skills |
| Professional Account |
Experienced traders |
High minimum deposit, spreads from 0.5 pips, no commission |
Designed for professional traders aiming for larger profits |
| Islamic Account |
Traders requiring swap-free accounts |
Compliance with Sharia law, competitive spreads |
Available for clients needing a swap-free option |
Account Opening Process
To open an account with Highness, follow these steps: First, register on the Highness website by providing your personal details, including name and email. Next, submit your employment information and financial background, ensuring you have all necessary documentation ready. The process includes identity verification, requiring a government-issued ID and proof of address. After verification, which is usually completed quickly, you can fund your account. Highness also offers account flexibility, allowing you to upgrade to a professional account later if your trading volume or experience increases.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 |
Competitive spreads for minors |
| CFDs (Stocks) |
1.5 |
$0 |
Varies by stock |
| CFDs (Indices) |
1.2 |
$0 |
Competitive for major indices |
| Cryptos (BTC/USD) |
1.0% |
$0.1 |
Variable depending on market condition |
Other Fees
Highness imposes several additional fees that traders should be aware of: There may be deposit and withdrawal fees depending on the payment method chosen. An inactivity fee applies if no trades are executed for a specified period. Additionally, traders should consider any platform usage fees that may apply, as well as overnight interest (swap rates) for positions held overnight. Currency conversion fees may also apply when trading in different currencies.
