What Account Types and Fees Does JadeForex Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners and ordinary traders |
Floating spreads, no commission |
Minimum deposit of ¥100,000 |
| Low Spread Account |
Advanced traders and professionals |
ECN execution mode, low spreads from 0.0 pips |
Commission of $5 per lot applies |
| Corporate Account |
Corporate clients |
Customized services, dedicated account manager |
Requires corporate documentation |
| Islamic Account |
Traders seeking swap-free options |
Swap-free trading conditions |
Eligibility based on religious beliefs |
| Demo Account |
All traders for practice |
Risk-free trading environment |
Available for all user types |
Account Opening Process
To open an account with JadeForex, users must follow a straightforward process. First, they need to submit personal information including name, email, and phone number. Next, employment details and financial information must be provided to assess suitability for trading. Following this, identity verification is required, which includes submitting a government-issued ID and proof of address. JadeForex offers account flexibility, allowing users to upgrade from a standard account to a professional account as their trading experience and volume increase.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (Low Spread Account: $5/lot) |
Tight spreads for majors |
| Forex (GBP/USD) |
1.0 |
$0 (Low Spread Account: $5/lot) |
Competitive for GBP pairs |
| CFDs (Gold XAU/USD) |
2.0 |
$0 |
Standard commission applies |
| CFDs (Oil WTI) |
3.0 |
$0 |
Standard commission applies |
| Cryptos (BTC/USD) |
1.0% |
$0.1 |
Variable depending on market conditions |
Other Fees
JadeForex has various additional fees that traders should be aware of. There are no deposit fees for funding accounts, but users may incur remittance fees based on their payment method. Withdrawal fees may apply depending on the method chosen. An inactivity fee is charged if an account remains dormant for an extended period. Additionally, overnight interest fees (swap rates) are applicable for positions held overnight, and currency conversion fees may apply when trading in different currencies.
