What Account Types and Fees Does InvestingFox Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Basic Account |
Beginners |
Low minimum deposit, access to educational resources |
Minimum deposit of €20,000 |
| Advanced Account |
Intermediate traders |
Higher leverage, improved spreads |
Minimum deposit of €100,000 |
| Professional Account |
Experienced traders |
Customizable services, high leverage |
Minimum deposit of €500,000 |
| Platinum Account |
Corporate clients |
Exclusive features, premium support |
Minimum deposit of €1,000,000 |
| Demo Account |
All traders |
Risk-free trading environment |
Available for practice without financial commitment |
Account Opening Process
To open an account with InvestingFox, follow these steps: First, submit personal information, including your full name, address, and date of birth. Next, provide employment and financial details, such as your income and trading experience. After this, you will need to verify your identity by uploading documents like a valid ID and proof of address (e.g., utility bill). The process is straightforward and ensures compliance with regulations. Additionally, there is flexibility to upgrade your account type later, allowing you to access more advanced trading features as your experience grows.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
3.0 |
€5 per lot |
Standard spread for major pairs |
| CFDs (Stocks) |
Varies |
0.10% per trade |
Dependent on the stock traded |
| CFDs (Indices) |
Varies |
€5 per lot |
Competitive rates for indices |
| CFDs (Commodities) |
Varies |
€5 per lot |
Includes various commodity types |
Other Fees
InvestingFox does not charge any deposit or withdrawal fees, which is a significant advantage for traders. However, keep in mind that there may be inactivity fees applied to accounts that remain dormant for an extended period. Additionally, overnight interest (swap rates) may apply on positions held overnight. Currency conversion fees can also be incurred when trading in different currency pairs, depending on your account currency and the selected trading instruments.
