What Account Types and Fees Does i SECURITIES Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low spreads, user-friendly platform |
Ideal for small-capital practice |
| Professional Account |
Experienced traders |
High leverage, advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customized services, dedicated account manager |
Requires corporate documentation |
| Islamic Account |
Traders requiring Sharia-compliant services |
Swap-free trading, no overnight interest |
Available upon request, subject to verification |
| Demo Account |
All levels of traders |
Practice trading without risk |
Suitable for testing strategies and platforms |
Account Opening Process
To open an account with i SECURITIES, you will need to follow a structured process. Initially, you will be required to submit personal information, including your name, address, and contact details. Next, employment information such as your occupation and employer details will be collected, along with your financial information, including income and net worth. Identity verification is a crucial step, where you will need to provide a government-issued ID and proof of address. After your documents are verified, you can fund your account. It’s important to note that you have the flexibility to upgrade to a professional account later if you meet the necessary qualifications.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing |
| CFDs (Stocks) |
0.1 |
$0 (ECN: $2.5/lot) |
Variety of global stocks |
| CFDs (Indices) |
1.5 |
$0 (ECN: $3.0/lot) |
Access to major indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
It is important to be aware of additional fees associated with your trading account. i SECURITIES may charge deposit and withdrawal fees, which can vary depending on the payment method used. Inactivity fees may apply if your account is dormant for an extended period. Additionally, platform usage fees may be incurred based on the specific services utilized. Overnight interest, also known as swap rates, may apply to positions held overnight, and currency conversion fees may apply when trading in different currencies.
