Equiti features 2 different account types for UAE clients. One for beginner traders and one for advanced.Standard Account This account is best for beginner traders in the UAE. Key highlights of this account are as follows:
- Minimum deposit of $500
- Spreads from 1.4 pips on EUR/USD
- Commission-free trading
- Leverage up to 1:400
- Access to a demo account with real-time prices and spreads
- No additional trading fees
Equiti’s Standard Account is designed for traders looking for a simple, commission-free trading experience. Instead of charging commissions, Equiti includes the trading costs within the spreads, which start from 1.4 pips for this account. While this makes fee calculation straightforward, the spreads are slightly wider compared to commission-based accounts. The minimum deposit requirement is $500, making it accessible to most traders.
Leverage is up to 1:400, meaning traders have flexibility in position sizing, though high leverage carries risk. This account is best suited for beginner or casual traders who prefer a straightforward cost structure without commission-based pricing.
Premiere Account This account is best for more active traders who have individual requirements. Spreads can go as low as 0.0 pips, but instead of a spread markup, traders pay a $35 commission per million traded. While this commission model can reduce overall trading costs for active traders, it only makes financial sense if you’re trading large volumes regularly. Key highlights of this account are as follows:
- Minimum deposit of $3,000
- Spreads from 0.0 pips
- Leverage up to 1:400
- US$3.5/lot per side commission
Equiti also offers swap-free accounts for those looking to trade without the associated interest fees known as ‘swaps’.
All accounts also support the following currencies: JOD, USD, GBP, EUR, JPY and AED.
For those looking to test before they invest,
Equiti also allows traders to open a demo account that doesn't use real funds. This option allows traders to test the waters before investing with real money.