What Account Types and Fees Does IMC Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly interface, and educational resources |
Suitable for traders with small capital looking for practical experience |
| Professional Account |
Experienced traders |
Higher leverage, direct market access, and lower spreads |
Requires proof of trading experience and trading volume qualifications |
| Corporate Account |
Corporate clients |
Customizable trading solutions and dedicated account management |
Requires corporate documentation and verification |
| Islamic Account |
Traders following Sharia law |
Swap-free trading conditions with no interest fees |
Available upon request with necessary documentation |
| Demo Account |
All trader levels |
Risk-free environment to practice trading strategies |
No capital required, unlimited access for practice |
Account Opening Process
To open an account with IMC, follow these steps:
1. Submission of Personal Information: Provide your full name, contact information, and date of birth.
2. Employment Information: Fill in your employment details, including employer name and position.
3. Financial Information: Disclose your financial status, including income and trading experience.
4. Identity Verification: Upload necessary documents such as a government-issued ID and proof of address (utility bill or bank statement).
5. Account Flexibility: After opening a Retail Account, you have the option to upgrade to a Professional Account later, subject to meeting eligibility criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing for major currencies |
| CFDs (Stock Indexes) |
1.5 |
$2 per lot |
Access to global markets |
| CFDs (Commodities) |
2.0 |
$2 per lot |
Includes gold, oil, and more |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, IMC may charge the following:
– Deposit/Withdrawal Fees: Fees may apply depending on the payment method used.
– Inactivity Fees: Accounts that remain inactive for an extended period may incur a fee.
– Platform Usage Fees: Some platforms may have associated usage fees (check specific platforms).
– Overnight Interest (Swap Rates): Applicable for positions held overnight, varies by account type.
– Currency Conversion Fees: Charges may apply for transactions involving currency conversion.
