What Account Types and Fees Does TKFutures Inc Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform |
Ideal for small-scale trading without extensive experience |
| Professional Account |
Experienced traders |
Higher leverage, lower spreads |
Requires proof of trading experience and volume |
| Corporate Account |
Corporate clients |
Customized services, multi-user access |
Requires corporate documentation and verification |
| Islamic Account |
Traders seeking Sharia-compliant options |
Swap-free trading options |
Must provide documentation to qualify |
| Demo Account |
New traders and those testing strategies |
No risk, practice trading with virtual funds |
Available for all users, limited time access |
Account Opening Process
To open an account with TKFutures Inc, prospective clients need to follow these steps. First, they must submit personal information including name, address, and date of birth. Next, employment details and financial information such as income and net worth will need to be provided. Identity verification is crucial, requiring submission of a government-issued ID and proof of address (like a utility bill). Additionally, TKFutures offers account flexibility, allowing clients to upgrade from a retail to a professional account as their trading experience and volume grow.
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 rates for minor pairs |
| CFDs (Stocks) |
0.3% |
$0.02 per share |
Varied based on liquidity |
| CFDs (Indices) |
0.5% |
$0 (ECN: $1.5/lot) |
Low fees for major indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market volatility |
Other Fees
Clients should be aware of several additional costs associated with trading at TKFutures Inc. These include potential deposit and withdrawal fees, which may vary depending on the method used. There are also inactivity fees applied after a specified period of no trading activity. Platform usage fees are not applicable, as the trading platform is typically offered at no additional charge. Overnight interest, known as swap rates, may apply, and currency conversion fees can be incurred when trading in different currencies.
