What Account Types and Fees Does Valor Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low spreads, user-friendly interface |
Ideal for small-capital practice |
| Professional Account |
Experienced traders |
High leverage, advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients and institutions |
Customized services, dedicated account management |
Requires corporate documentation |
| Islamic Account |
Traders seeking swap-free options |
Compliant with Sharia law, no overnight interest |
Available for eligible clients upon request |
| Demo Account |
All trader levels |
Practice trading without risk, virtual funds |
Useful for testing strategies and platform features |
Account Opening Process
To open an account with Valor, follow these steps:
1. Personal Information Submission: Provide your name, email address, phone number, and other relevant personal details.
2. Employment Information: Fill in your employment status and income details.
3. Financial Information: Disclose your financial background, including trading experience and investment objectives.
4. Identity Verification: Upload required documents for identity verification, such as a government-issued ID and proof of address (e.g., utility bill).
5. Account Flexibility: You can upgrade from a Retail to a Professional Account later if you meet the necessary trading volume requirements.
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 (Stocks) |
0.1% |
$0 (ECN: $4.0/lot) |
Varies by stock |
| CFDs (Indices) |
1.5 |
$0 (ECN: $5.0/lot) |
Standard for major indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable based on market conditions |
Other Fees
In addition to trading fees, Valor may impose the following costs:
– Deposit/Withdrawal Fees: Fees may apply depending on the payment method used.
– Inactivity Fees: Charged if the account remains inactive for a specified period.
– Platform Usage Fees: Applicable in some cases, depending on the account type.
– Overnight Interest (Swap Rates): Varies based on positions held overnight.
– Currency Conversion Fees: Charges may apply when trading in currencies other than your account’s base currency.
