What Account Types and Fees Does Levels Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| STP Account |
Beginners and casual traders |
Low minimum deposit, high leverage up to 1:1000 |
Suitable for small-capital practice with flexible trading options |
| ECN Account |
Experienced traders |
Tight spreads starting from 0 pips, commission per trade |
Requires a minimum deposit of $1,000 and suitable for high-volume trading |
| INST Account |
Professional traders |
Competitive spreads, higher leverage up to 1:100 |
Minimum deposit of $25,000; designed for significant trading volume |
| PAMM Account |
Investors and fund managers |
Allows fund management; features like profit-sharing |
Requires a minimum deposit of $1,000; suitable for managing multiple clients’ funds |
Account Opening Process
To open an account with Levels, users must follow these steps:
1. Submit personal information, including name, date of birth, and contact details.
2. Provide employment information, detailing your occupation and employer.
3. Fill out financial information, including trading experience and financial status.
4. Undergo identity verification by uploading an official ID and proof of address, such as a utility bill.
5. Once the account is set up, users can explore the flexibility of upgrading to a professional account if they meet the necessary trading volume requirements.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| CFDs (Gold) |
5.0 |
$4 |
Higher spreads during volatile market conditions |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market volatility |
Other Fees
Levels may also charge various additional fees which include:
– Deposit/withdrawal fees: Generally, no charges are specified, but users should verify this during transactions.
– Inactivity fees: Applicable if the account remains inactive for a prolonged period, details to be confirmed with support.
– Platform usage fees: Not specified but may apply based on account type.
– Overnight interest (swap rates): Swap-free accounts available for certain account types.
– Currency conversion fees: May apply when trading involves currency pairs not held in the base currency of the account.
