What Account Types and Fees Does UAG Markets Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginner to intermediate traders |
High leverage up to 1:5000, access to 38 forex pairs, negative balance protection |
Requires a minimum deposit of $25 |
| Bonus Account |
Traders looking for promotional incentives |
Leverage up to 1:1000, access to 38 forex pairs, no commissions |
Requires a minimum deposit |
| ECN Account |
Experienced traders |
Raw spreads starting from 0.0 pips, commissions starting from $4 |
Requires a minimum deposit |
| Islamic Account |
Clients requiring Sharia-compliant trading |
Swap-free trading, adheres to Islamic principles |
Available for all account types |
Account Opening Process
To open an account with UAG Markets, prospective clients should follow these steps: 1. Visit the UAG Markets website and click on the “Open Account” button. 2. Fill in personal details, such as first name, last name, birth date, and country. 3. Provide contact information, including phone number and email address. 4. Create and confirm a password for the account. 5. Agree to the Privacy, Risk, and AML Policy by checking the relevant box. 6. Confirm acceptance of the Terms and Conditions. 7. Click on the “Confirm and Continue” button to finalize the account setup. Identity verification is required, including submission of ID and proof of address. Clients have the flexibility to upgrade to a professional account later if they meet the necessary criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
1.3 |
$0 (ECN: $4/lot) |
Competitive spreads for major pairs |
| CFDs (Indices) |
1.5 |
$0 |
Varies based on market conditions |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
UAG Markets may charge various fees, including: – Deposit/withdrawal fees, which may apply to specific payment methods. – Inactivity fees for dormant accounts. – Platform usage fees are not specified. – Overnight interest (swap rates) may be applicable based on account type. – Currency conversion fees may apply for trades involving different currencies.
