What Account Types and Fees Does JaneStreet Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Accessible trading conditions, user-friendly platform |
Ideal for low-capital investments and learning |
| Professional Account |
Experienced traders and institutions |
Higher leverage, advanced trading tools, and analytics |
Requires proof of trading experience or volume |
| Corporate Account |
Businesses and corporations |
Custom solutions, advanced trading infrastructure |
Requires corporate documentation for setup |
| Islamic Account |
Traders adhering to Islamic finance principles |
Swap-free trading options |
Must provide documentation evidence of eligibility |
| Demo Account |
All traders for practice |
Simulated trading environment with virtual funds |
Suitable for testing strategies without real risk |
Account Opening Process
To open an account with JaneStreet, follow these steps: First, submit your personal information, including your name, address, and date of birth. Next, provide details about your employment and financial background to assess your trading experience and suitability. You will also need to complete identity verification by uploading a government-issued ID and a recent proof of address, such as a utility bill. The account setup is designed to be flexible, allowing users to upgrade from a retail to a professional account as their trading experience and volume increase.
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 traders |
| CFDs (S&P 500) |
1.5 |
$0.5 per contract |
Standard rates for index trading |
| CFDs (Gold) |
2.0 |
$1 per contract |
Good for commodity trading |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
Additional costs associated with trading at JaneStreet include deposit and withdrawal fees, which may vary depending on the payment method used. There are inactivity fees applicable if the account is dormant for an extended period. If applicable, platform usage fees may be charged for specific services or tools. Traders should also be aware of overnight interest (swap rates) that apply to positions held overnight and potential currency conversion fees when trading in currencies different from the account’s base currency.
