What Account Types and Fees Does VITTAVERSE Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners and general traders |
Low minimum deposit, no commissions, swap-free option available |
Suitable for small-capital practice and casual trading |
| ECN PRO Account |
Experienced traders and scalpers |
Raw spreads, competitive commissions, direct market access |
Requires a minimum deposit of $100 and offers high leverage |
| VIP Account |
Professional traders |
Ultra-low spreads, no commissions, personal account manager |
Requires a minimum deposit of $12,000 and provides premium support |
| Islamic Account |
Traders adhering to Islamic finance principles |
Swap-free trading option available across all account types |
Must be requested upon account opening |
| Demo Account |
All traders for practice |
Risk-free trading environment with virtual funds |
Ideal for beginners to practice strategies |
Account Opening Process
Opening an account with VITTAVERSE is a straightforward process designed for user convenience. To begin, prospective clients should follow these steps:
1. Choose Your Account Type: Select from the available options (Standard, ECN PRO, VIP, or Islamic).
2. Visit the VITTAVERSE Website: Navigate to the official site and click on the “Open Account” button.
3. Fill Out the Application Form: Provide necessary personal, employment, and financial information. Ensure you have identification documents (like a passport) and proof of address ready for upload.
4. Identity Verification: Submit scanned copies of your ID and proof of address for verification purposes.
5. Fund Your Account: Choose a preferred deposit method and complete the funding process. The minimum deposit varies by account type.
6. Account Flexibility: Clients can upgrade their accounts later for additional features and benefits.
7. Start Trading: Once your account is verified and funded, you can begin trading on the VITTAVERSE platform.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $4/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $4/lot) |
Competitive pricing for active traders |
| CFDs (Stocks) |
1.5 |
$0 (ECN: $4/lot) |
Includes major stocks |
| CFDs (Indices) |
1.2 |
$0 (ECN: $4/lot) |
Varies by index |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
Besides standard trading fees, VITTAVERSE also has other costs that traders should be aware of:
– Deposit/Withdrawal Fees: May vary based on the payment method used.
– Inactivity Fees: Applicable if there are no trades for an extended period.
– Platform Usage Fees: None typically apply, but check specific conditions.
– Overnight Interest (Swap Rates): Charged based on the account type and market position held overnight.
– Currency Conversion Fees: May apply when funding accounts in currencies other than the base currency.
