What Account Types and Fees Does Infinite Trade Group Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and general traders |
Accessible minimum deposit, standard trading conditions |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
Enhanced trading conditions, potentially higher leverage |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customized services for businesses |
Requires corporate documentation |
| Islamic Account |
Traders requiring Sharia-compliant options |
Swap-free trading conditions |
Eligibility subject to verification |
| Demo Account |
All traders for practice |
Simulated trading environment without financial risk |
Ideal for testing strategies |
Account Opening Process
To open an account with Infinite Trade Group, prospective traders must complete several steps. Initially, users will be required to submit personal information, including their name and contact details. Next, employment information may be requested to verify the trader’s background. Additionally, applicants need to provide financial information to assess their trading experience and suitability. Identity verification is an essential part of this process, which involves submitting a form of identification and proof of address. It is important to note that traders have the flexibility to upgrade to a professional account later if their trading needs change.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 |
Tight spreads for major pairs |
| CFDs (Stocks) |
1.0 |
$0 |
Standard market conditions |
| CFDs (Indices) |
1.5 |
$0 |
Competitive spreads available |
| CFDs (Commodities) |
2.0 |
$0 |
Varied based on market volatility |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
Traders should be aware of various additional fees associated with their accounts. Deposit and withdrawal fees may apply depending on the method chosen. Inactivity fees could be charged if an account is dormant for an extended period. Platform usage fees may be applicable for certain services. Overnight interest, or swap rates, could also affect trading positions held overnight. Lastly, currency conversion fees may be incurred for transactions involving different currencies.
