What Account Types and Fees Does MASON GROUP Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and novice traders |
Low minimum deposit, user-friendly platform |
Designed for small-capital practice |
| Professional Account |
Experienced and high-volume traders |
Higher leverage, lower spreads |
Requires proof of trading experience and volume |
| Corporate Account |
Corporate clients and institutional traders |
Customized services, dedicated account manager |
Requires corporate documentation and verification |
| Islamic Account |
Traders seeking swap-free options |
Compliant with Sharia law |
Must submit a request and verification |
| Demo Account |
All types of traders |
Practice trading with virtual funds |
No real money required |
Account Opening Process
To open an account with MASON GROUP, traders must follow these steps: First, submit personal information including name, address, and contact details. Next, provide employment and financial information to assess your trading suitability. This includes details about your income and trading experience. Identity verification is essential; you will need to submit a government-issued ID and proof of address, such as a utility bill. Once your application is processed, you can start trading. Additionally, MASON GROUP offers account flexibility, allowing clients to upgrade to a professional account in the future if they meet the necessary qualifications.
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 spreads |
| CFDs (S&P 500) |
1.5 |
$2.0 |
Includes major indices |
| CFDs (Gold) |
0.3 |
$3.0 |
Standard commissions apply |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market volatility |
Other Fees
Additional costs associated with trading at MASON GROUP include deposit and withdrawal fees, which may vary based on the method chosen. Inactivity fees may apply if an account is dormant for an extended period. Platform usage fees are not applicable, as MASON GROUP offers free access to its trading platforms. Traders should also consider overnight interest, commonly referred to as swap rates, which may affect positions held overnight. Lastly, currency conversion fees may apply for trades involving multiple currencies.
