What Account Types and Fees Does MACRO MARKETS Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners |
Medium spreads, user-friendly |
Minimum deposit of $100 |
| Professional Account |
Experienced traders |
Similar to Standard with advanced tools |
Minimum deposit of $200 |
| Premium Account |
Advanced traders |
Lower spreads, enhanced trading conditions |
Minimum deposit of $500 |
| ECN Account |
Professional traders |
Lowest spreads, direct market access |
Minimum deposit of $1,000 |
| Demo Account |
All level traders |
Virtual funds for practice |
Ideal for testing trading strategies |
Account Opening Process
To open an account with MACRO MARKETS, follow these steps: 1. Visit the Website: Navigate to the MACRO MARKETS official site. 2. Select Account Type: Choose the account type that aligns with your trading needs. 3. Fill Out Application: Complete the online application form with personal details. 4. Submit Documents: Provide necessary identification and proof of address for verification. 5. Fund Your Account: Deposit the required minimum for your chosen account. 6. Start Trading: After verification and funding, you can commence trading. Note that you can upgrade to a professional account later if your trading needs change.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $7/lot) |
Tight spreads for major currency pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $7/lot) |
Competitive rates for minor pairs |
| CFDs (Stocks) |
0.5 |
$0 |
Variety of stocks available |
| CFDs (Indices) |
1.2 |
$0 |
Includes major global indices |
| CFDs (Commodities) |
1.5 |
$0 |
Includes energy and metal products |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable spreads based on market conditions |
Other Fees
MACRO MARKETS applies various fees that users should consider, including: – Deposit/Withdrawal Fees: Generally, there are no fees for deposits, and withdrawal fees may vary based on the method. – Inactivity Fees: Accounts inactive for a specified period may incur fees. – Platform Usage Fees: No additional charges for using the MT4 platform. – Overnight Interest (Swap Rates): Applicable for positions held overnight, varying based on market conditions. – Currency Conversion Fees: Charged when trading in a currency not held in your account.
