InstaForex Account Types

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Account Types

Each type of account offered by InstaForex represents a universal trading tool that helps working on international financial markets. Regardless of the chosen account type, you will have access to every trading symbol available, when working with InstaForex.

To achieve a successful trading strategy for each trader, two account types were developed by the InstaForex Dealer Department specialists. Trading accounts types differ by their method of accounting spreads and commissions, which are picked by the trader, when opening an account.

Insta.Standard Trading Accounts

These types of accounts are relevant for standard trading terms on the Forex market, and work without a fee. Once the trader accesses all trading tools, he pays a fixed spread, when settling each deal.Insta.Standard accounts work for all types of traders and allows a deal to be settled with a classical spread and no fee. The main advantage of this type of account is its universality. Since a trader can, at any moment, change trading leverage and work with any deposit rate with which he/she is comfortable. The capabilities of the account allow trading with Micro Forex (minimum deposit 1-10 USD), Mini Forex (minimum deposit 100 USD), and Standard Forex (minimum deposit 1000 USD).

Insta.Eurica Trading Accounts

This account type requires no spread to be paid when opening a deal. All currency tools for Insta.Eurica accounts have zero spreads; that's why the cost of a BID always equals the cost of an ASK. To open a deal, a trader pays a fixed fee, which equals 0.02 – 0.07% of the contract trading volume. This type of account is recommended for new traders, because when deferred order, no account spread is necessary. With a total absence of spreads, all deferred orders are carried out the moment their cost reaches the chart value. Before installing GTC orders and going into the market, you don't need to calculate the spread's influence on the position result, and this makes using technical analysis highly effective. Insta.Eurica accounts allow new traders to quickly get the hang of the market, using a clearer deal- processing system. This type of account can be actively used by professional traders as well, since its trading characteristics are the same as the Insta.Standard account type.

Cent.Standard and Cent.Eurica trading accounts

Cent.Standard and Cent.Eurica account types are meant for beginning traders and oriented to those clients who just learn trading and for this purpose they need an access to the minimal deal volume as possible. On these accounts Micro Forex is available with the lot volume 0.0001 of the market lot (the lot cost is 0,1 US cent) allows practicing almost without any risks for deposit. Also this type of accounts will suit well for those who would like to try trading strategies with minimal risks using the deal advantage from 0.0001 lot. Aside from availability of the smallest allowed deal volume - 0.0001 of the market lot, the owners of Cent.Standard and Cent.Eurica accounts have the same trading terms as Insta.Standard and Insta.Eurica. The only constraint is maximally allowed deposit size for cent group accounts of Cent.Standard and Cent.Eurica related to their directivity to the beginning traders. For more experienced traders it is recommended to open accounts of Insta.Standard and Insta.Eurica types which do not have any constraints for maximum deposit size, however, maximum deal size is 10,000 lots.

* - spreads are shown in points.

** - margin means the percent of volume of the total deposit that is necessary for maintaining the opposite positions for a single pair.

*** - level, when reached, positions may be forcibly closed.

**** - level, when reached, positions will be automatically closed.

***** - rate of annual interest rate, accrued the last day of each month.