Account Type | STANDARD account | VIP account | RAW SPREAD account | ISLAMIC account |
---|---|---|---|---|
Advantages | No deposit threshold; dedicated support of Account Manager FX spreads as low as 1.6, no commissions on open orders Client can take part in most activities within Eagles Markets | FX spreads as low as 0.5, spreads on Gold as low as 0.6 No commissions on open orders Priority to take part in all extra activities and events within Eagles Markets | Spreads as low as 9; clients excluded from Point activities Low commissions per open positions, around $5 per lot Exclusive activities for Raw Spread Accounts, such as Waived-Fee Trading | All symbols are exempt from swap charges No commissions on open orders Exclusive activities for Islamic accounts |
Conditions | Filling personal information ID verification | Filling personal information ID verification Deposit of min. US$ 5,000 Available from level V6 | Filling personal information ID verification Deposit of min. US$ 20,000 Available from level V6 | Filling personal information ID verification Proof of eligibility for Islamic account Accept and comply with our Islamic(Swap-Free) trading account use agreement |
Account specifics | ||||
Lowest spread for EUR/USD | 1.6 | 0.5 | 0 | 2 |
Lowest spread for Gold | 2.8 | 1 | 0.5 | 3.5 |
Instruments | Currency pairs: 50 Indexes: 12 Commodities: 5 | Currency pairs: 50 Indexes: 12 Commodities: 5 | Currency pairs: 50 Indexes: 12 Commodities: 5 | Currency pairs: 50 Indexes: 12 Commodities: 5 |
Commission | None | None | $5/lots | None |
Swap Fee | Charged | Charged | Charged | Charged |
Hedging / Locking positions / Scalping | Allowed | Allowed | Allowed | Allowed |
• Spreads are different. Spread of VIP account is higher than Raw spread account.
• Trading commissions are different. There's no trading commission on VIP account while $5/lot is collected on Raw spread account.
• Open conditions are different. There're more condition required to open Raw spread account.
• Activities are different,Both VIP account and Raw spread account have their own exclusive activities.
To open an Islamic account at Eagles Markets, a legal document which issued by the govenment shows your Islamic belief is required to submit. After finished the verification of the material, the account will be opened. An Islamic account is a swap-free account, you have to comply with the swap-free rules of the platform when you are using it.