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Equiti Trading: Account Types and Fees
Abstract:Choosing the right equiti trading account is a crucial step for any trader, as it directly impacts your trading costs and available features. This page provides a detailed breakdown of Equiti's account options, including their minimum deposits, leverage, spreads, and commissions, to help you make an informed decision. We’ll also answer some of the most frequently asked questions about their account structure and pricing.
What Account Options and Leverage Does Equiti Offer?
Equiti offers a range of trading accounts designed to suit different types of traders, from beginners to professionals. The available accounts are a Standard Account and a Pro Account. Each account offers competitive features, though the specific benefits vary depending on your trading needs and preferences. All accounts provide access to the MetaTrader 5 (MT5) platform, instant market execution, and 24/6 customer support. We recommend you explore their demo account option to test the platform and strategies before committing to a live account.
| Account Type | Minimum Deposit | Key Features | Max Leverage |
| Standard Account | Not specified | Ideal for new traders. Offers $0 platform fees and a welcome bonus. | Up to 1:2000 |
| Pro Account | Not specified | Designed for professional traders seeking ultra-low spreads. | Up to 1:2000 |
| Demo Account | $0 | Risk-free practice environment with virtual funds. | N/A |
| Islamic Account | Not specified | Swap-free account option for traders following Sharia law. | Up to 1:2000 |
What Is the Minimum Spread of Equiti?
Equiti's fee structure is designed to be transparent, with costs largely dependent on the account type you choose. Spreads can be as low as 0.0 pips on certain products and account types. In addition to spreads, a commission may apply, which also varies based on the specific product and account type you are using. The table below outlines the general cost structure.
| Cost Type | Details |
| Spreads | Spreads start from 0.0 pips*. The specific spread depends on the instrument and account type. |
| Commission | Commission may be charged on certain products and account types*. |
| Platform Fees | Equiti advertises $0 platform fees. |
| Deposit/Withdrawal Fees | Deposit methods include credit cards, eWallets, and local solutions. Withdrawal methods include credit cards, eWallets, and local solutions. Processing times for deposits and withdrawals are fast, with deposits being instant. |
| Minimum Deposit | Not specified on the website. |
*Low spreads and zero commission depend on the product and account type.
FAQs about Equiti Account Type and Fees
Q: Does Equiti offer a swap-free Islamic account?
A: Yes, Equiti provides a swap-free Islamic account option for traders who need to comply with Sharia law. This account eliminates any swap or rollover interest on overnight positions. You can request this account type after opening a standard trading account.
Q: What is the minimum deposit required to open an account with Equiti?
A: The website does not specify a minimum deposit amount. We recommend contacting Equiti's customer support directly to confirm the exact amount required for your preferred account type. This information is often region-specific.
Q: Can I open a demo account before trading with real money?
A: Yes, Equiti encourages traders to open a demo account to practice and test their strategies without any financial risk. This is a crucial step, especially for new traders, as it allows you to get familiar with the MT5 platform and the market conditions.
Risk Disclaimer
Margined FX and contracts for difference are complex leveraged products that carry a high level of risk and can result in losses that exceed your initial investment. We recommend you seek professional advice before investing. Trading with an offshore-regulated entity like Equiti Brokerage (Seychelles) Limited, which is regulated by the Financial Services Authority of Seychelles, may offer a different level of investor protection compared to institutions regulated in more stringent jurisdictions. Be aware that the provided FCA license status is “unverified,” which indicates a significant regulatory risk. We urge you to exercise caution and conduct thorough due diligence.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
