What Account Types and Fees Does PRIME CDEX Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners |
Low minimum deposit, zero commission, user-friendly |
Ideal for novices wanting to start trading with minimal risk |
| ECN Account |
Experienced Traders |
Raw spreads, higher leverage, low trading costs |
Requires a minimum deposit and suitable for high volume trading |
| US Stock Account |
New Investors |
Simple access to US stock trading, low fees |
Minimum deposit of $10, suitable for users interested in US stock markets |
Account Opening Process
To open an account with PRIME CDEX, follow these straightforward steps: First, choose your desired account type that aligns with your trading style. Next, register on the PRIME CDEX website by providing personal details, including your name, email, and contact information. After registration, submit your employment and financial information. Ensure to complete the identity verification process by uploading valid identification and proof of address. Once your account is verified, you can fund your account according to the minimum deposit requirements. Additionally, PRIME CDEX offers flexibility to upgrade to a professional account should your trading needs evolve over time.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $7/lot) |
Tight spreads for major pairs |
| CFDs (Stocks) |
1.0 |
$0 |
Varies by stock |
| CFDs (Indices) |
1.5 |
$0 |
Competitive pricing structure |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
When trading with PRIME CDEX, be aware of additional fees that may apply: There may be deposit and withdrawal fees depending on the payment method used. Inactivity fees may be charged if the account remains dormant for an extended period. Platform usage fees are not applicable; however, overnight interest (swap rates) may be incurred on positions held overnight. Lastly, currency conversion fees could apply when trading in different currencies.
