What Account Types and Fees Does Tradu Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low spreads, user-friendly platform, educational resources |
Ideal for small-capital practice, no minimum deposit required |
| Professional Account |
Experienced traders |
Higher leverage, access to advanced trading tools, lower spreads |
Requires proof of trading experience and volume qualifications |
| Corporate Account |
Corporate clients and institutions |
Custom solutions, dedicated support, multi-user access |
Requires corporate documentation and verification |
| Islamic Account |
Traders requiring Sharia-compliant options |
Swap-free trading, no interest charges |
Must request during account setup, subject to approval |
| Demo Account |
New traders and those testing strategies |
Virtual funds, risk-free environment, access to full platform features |
No time limit; suitable for practice without financial risk |
Account Opening Process
To open an account with Tradu, follow these steps: 1. Download the App: Start by downloading the Tradu app on your device. 2. Request a Live Account: Open the app and select the option to request a live account. 3. Provide Verification Documents: You will be prompted to upload verification documents, such as a copy of your passport and a utility bill. These can be uploaded during the application process or later via the app. 4. Complete the Application: Fill out the required information accurately. 5. Receive Confirmation: Once your application is approved, you will receive a confirmation email containing your account information. Note that account flexibility allows for upgrading to a professional account later if desired.
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 available |
| CFDs (Stocks) |
0.1% of trade value |
$0.01 per share |
Access to a wide range of stocks |
| CFDs (Indices) |
1.5 |
$0 |
Low-cost trading on major indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
Tradu maintains a transparent fee structure that includes:
– Deposit/Withdrawal Fees: No fees for deposits or withdrawals, making transactions cost-effective for users.
– Inactivity Fees: A fee may be charged if the account remains inactive for an extended period.
– Platform Usage Fees: Typically, there are no platform usage fees; however, check specific conditions for advanced features.
– Overnight Interest (Swap Rates): Applicable for positions held overnight; rates vary based on market conditions.
– Currency Conversion Fees: Fees may apply if trading in currencies different from your account’s base currency.
