What Account Types and Fees Does MACRO MARKETS Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners |
Medium spreads with no commission |
Minimum deposit of $100 |
| Professional Account |
Experienced traders |
Similar to Standard but tailored for advanced trading |
Minimum deposit of $200 |
| Premium Account |
Advanced traders |
Lower spreads and enhanced trading conditions |
Minimum deposit of $500 |
| ECN Account |
Professional traders |
Lowest spreads with commission costs |
Minimum deposit of $1,000 |
| Demo Account |
All levels |
Practice trading with virtual funds |
Available for all users |
Account Opening Process
To open an account with MACRO MARKETS, users need to follow several steps. First, visit the official MACRO MARKETS website and select the desired account type. Next, fill out the online application form with personal, employment, and financial information. After submitting the application, users must provide identity verification documents, including a government-issued ID and proof of address. Once verification is complete, users can fund their accounts and start trading. It is also worth noting that MACRO MARKETS offers flexibility in account upgrade options, allowing users to transition to a professional account later on if they meet the necessary 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 pricing |
| CFDs (Stocks) |
0.5 |
$7 per lot |
Standard fees apply |
| CFDs (Indices) |
1.2 |
$7 per lot |
Low cost for popular indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market volatility |
Other Fees
In addition to trading fees, MACRO MARKETS implements several other costs. There may be deposit and withdrawal fees depending on the payment method used, although many methods are commission-free. Inactivity fees are charged if the account remains dormant for an extended period. Platform usage fees are not applicable, as the broker provides access to their trading platform at no charge. Overnight interest, or swap rates, may apply for positions held overnight, and currency conversion fees can occur when trading in different currencies.
