What Account Types and Fees Does Coininvest Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and individual investors |
Access to a wide range of investment-grade coins and bullion bars |
Suitable for small-capital practice |
| Professional Account |
Experienced traders and large investors |
Potential for higher trading volumes and customized services |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients and businesses |
Tailored solutions for corporate investment needs |
Requires corporate documentation |
| Demo Account |
New traders looking to practice |
Risk-free environment to learn trading |
Ideal for testing strategies without financial commitment |
Account Opening Process
To open an account with Coininvest, prospective clients need to follow these steps: First, submit personal information, including your name, address, and contact details. Next, provide employment details and financial information to assess your trading experience and intentions. Identity verification is mandatory, requiring you to submit a form of identification and proof of address. Coininvest offers account flexibility, allowing users to upgrade to a professional account later if they meet the necessary criteria for trading volume and experience.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
1.0 |
$0 |
Standard spreads for major currency pairs |
| Forex (Minor Pairs) |
1.5 |
$0 |
Wider spreads due to lower liquidity |
| CFDs (Stocks) |
0.2 |
$5 per lot |
Competitive spreads for popular stocks |
| CFDs (Indices) |
0.5 |
$3 per lot |
Attractive offerings on major indices |
| Commodity (Gold) |
0.6 |
$0 |
Low spreads for gold trading |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable based on market conditions |
Other Fees
Coininvest may charge various fees related to trading activities, including deposit and withdrawal fees which can vary based on the chosen payment method. Inactivity fees may apply if accounts remain dormant for an extended period. Additionally, there may be platform usage fees associated with specific services or tools. Overnight interest, or swap rates, could apply to positions held overnight, and currency conversion fees may be incurred for transactions involving different currencies.
