InvestMarkets Commission or Brokerage Charges – Review, Plans, FAQs & more
Get to know about InvestMarkets Commission or Brokerage Charges here.
InvestMarkets is a good platform for anyone who aims to engage in profitable trading. They offer a wide range of assets including over 300 financial instruments.
This makes it one of the best stockbrokers in the market today. Its unmatched features make it a top choice among traders at different levels.
Their trading platform- WebTrader and MT4- is a preferred choice and provides it an edge.
We will now look further into how the brokerage charges apply to transactions. Let us study the stockbroker in detail in case you decide to invest with them in the future.
The first thing to look at is the Investmarkets charges in connection with its accounts.
InvestMarkets Commission or Brokerage Charges
When it comes to holding accounts -trading or demo- the first thing to look at is the expenses associated.
This can include all the charges that are payable to the stockbroker for its services. Opening fees, commission charges are a few payments that might be payable.
These charges are usually imposed while setting up an account or carrying out the trades.
It is important to take these expenses into consideration before starting trading. One should keep a track of all the charges to ensure earning more money than spending on trades.
Investmarkets does not charge any commission for conducting trading activities. But, it collects a brokerage charge in the form of Spreads.
These price spreads keep on varying throughout the day. It depends on many factors like available liquidity, volatility, market forces.
On comparing these charges with the market’s, InvestMarkets has set them pretty low.
The spread charges start from as low as 1.8 pips. These charges vary as per the account type held by a client.
Along with these, there are certain inactivity charges on accounts that are not used for a period. It ranges from 80 EUR to 1000 EUR
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Types of InvestMarkets Commission Plans
|Types of Commission Plans|
|Account Type||Basic Account||Gold Account||Platinum Account||VIP Account|
|Spread||3.2 pips||2.9 pips||2.3 pips||1.8 pips|
|Commission||No Commission||No Commission||Free||No Commission|
Here we will look at the spread charges applicable on different types of accounts. At Investmarkets, the lowest spread charge is 1.8 pips.
It provides only a trading account with Commission/ Spread charges attached to it. There are four different types of accounts offered- Basic, Gold, platinum, VIP.
There are no commission charges applicable on any of these accounts. For the Basic account holders, spread charges of 3.2 pips are deductible.
For Gold, Platinum, and VIP charges are 2.9, 2.3, and 1.8 pips. Investmarkets ensure that these charges are in line with other major Forex pairs.
A trader can decide the type of account they want to open by looking at the spread charges beforehand.
The types of accounts available make it a luring option for investors at all levels.
To conclude, the spread charges of the share accounts depend on many factors. Hence, these are not predetermined.
InvestMarkets Account Opening Process
Now that we have learned about the commission or spread charges, it is time to learn how to open an account.
Although it is an easy process, we have provided below a list of steps to take to open an account on InvestMarkets. Follow the guide and have an account opened within minutes.
A user can open either a demo account or a trading account, as per their requirements.
- The first step in this process is to open the official website of Investmarkets. Then, click on the “Open Demo account” option visible at the bottom of the screen.
- Once the user clicks on it, a quick pop-up form will appear on the screen.
- When the form is visible, the user has to fill it up and submit it. Make sure to provide genuine details in the form. These details are essential for the verification process.
- As the next step, the Forex broker will get in touch with the user to carry out the further processes.
- Next, the user will have to go through the KYC Process. The user has to provide respective documents which prove his/her identity.
- The broker will verify the account once they receive all the documents. The user should submit all the important documents.
- The broker will then send in the log-in credentials of the user and after that, it takes the account live.
- The user can use the same and log into the online platforms and start carrying out any activity.
InvestMarkets Payment or Withdrawal Methods
|Deposit Options||Credit Card, Moneybookers, Neteller, PerfectMoney, QIWI, Skrill, Wire Transfer|
|Withdrawal Options||Credit Card, Moneybookers, Neteller, PerfectMoney, QIWI, Skrill, Wire Transfer|
Although there is no deposit fee, it charges a withdrawal fee depending upon the type of account held.
After the trader has used up the free withdrawals, every next withdrawal attracts a fee.
The next important thing to focus on is the methods of deposit and withdrawal available.
InvestMarkets provides the following options and ensures the safety of transactions with timely transfers.
- Credit Card
- Wire Transfer
Now, next up we have listed the withdrawal options available to the users.
- Credit Card
- Wire Transfer
The traders can get their additional charges verified. Their financial institution might waive some of these. The amounts payable or deposited can vary as per the account type.
The majority of these methods are free of charge and the user can choose it as per convenience.
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InvestMarkets Investment Assets
|Supported Cryptocoins||bitcoin, dash, ethereum, litecoin, monero, ripple, stellar|
|Total Tradable Assets||300|
|Number Of Currency Pairs||40|
|Number Of Cryptocurrencies||40|
|Number Of Stocks||200|
|Number Of Indices||19|
|Number Of Commodities||20|
|Number Of Futures||NA|
|Number Of Options||NA|
|Number Of Bonds||NA|
|Number Of ETFs||7|
Having Investmarkets as a Forex broker can turn out to be beneficial. It offers a lot of assets to invest in.
The varieties include currencies, commodities, indices, stocks as well as cryptocurrency.
The table provided above gives a detailed view of the investment assets available. An investor can check the charges associated with each asset before investing money.
With over 300+ assets, currency pairs, and other classes. InvestMarkets offers access to a wide market to its customers.
The stockbroker supports trading in the following cryptocurrencies-Bitcoin, Dash, Ethereum, Litecoin, etc.
InvestMarkets Commission – Conclusion
Having some knowledge about online trading forums is essential in today’s time. Through the information provided above, we have tried to cater to reliable information.
The users of the Investmarkets platform can enjoy the benefits by signing up. Detailed information about the brokerage charges and types of accounts makes it understandable.
Now any user can have a look at the investment expenses and can make their trades profitable. Having complete information about the potential charges allows sticking to an investment plan.
If someone does not wish to incur any charges, they can open a demo account and start trading.
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InvestMarkets Charges or Fees – FAQs
Here is the list of FAQs related to the InvestMarkets Commission:
Does InvestMarkets charge commission?
No, Investmarkets does not charge any commission.
The trading activities on this platform can be done without paying any commission.
But, there are certain spread charges that are applicable.
These charges are different for different account types and start from as low as 1.8 pips.
How much does InvestMarkets charge brokerage?
The exact amount of brokerage depends on the kind of trading activity you carry out.
On trading in shares, the broker determines the amount of brokerage that is payable.
The major part of charges is the Spread charges and any extra charges depend on the transaction.
What is the Minimum Deposit required in InvestMarkets?
The least deposit amount varies from one account to another. For a Basic account, it is $250 and can be up to $250,000 for VIP account holders.
The same is $25,000 and $100,000 for Gold and Platinum accounts.
There is no deposit fee for the same but few charges might apply on withdrawals after a limit.
How much leverage does InvestMarkets provide?
InvestMarkets offers competitive leverage to its account holders.
It is 1:500 and remains the same for all the account types.
Such leverage gives it an edge over its competitors in the trading market. It makes sure that its users earn the most on their investments in the various assets.
How much is Spread at InvestMarkets?
At InvestMarkets, the spread charges vary depending on the type of account held.
It starts from as low as 1.8 pips. For a Basic account, the spread is 3.2 pips.
For the Gold, Platinum, and VIP accounts the Spread charges are 2.9 pips, 2.3 pips, and 1.8 pips.
A user can choose the type of account they want to open to minimize their spread charges.
What types of Commission plans are available in InvestMarkets?
The amount of commission charged is dependent on the account type.
InvestMarkets does not charge any commission on any of its 4 account types.
But, it does charge certain spread charges. This feature is attractive for new traders.
Does InvestMarkets provide Cryptocurrency for Investment?
Yes, InvestMarkets provides cryptocurrencies for its users to invest in.
It offers a wide range of investment assets and includes many cryptocurrencies. Bitcoin, Dash, Ethereum, Litecoin, Ripple, Monero, Stellar are some of them.
It also ensures the utmost safety of all the transactions carried out.
Is InvestMarkets a legit Forex Broker?
Yes, InvestMarkets is a legit Forex broker.
It is IFSC regulated and ensures proper security and transparency.
The deposit and withdrawal methods provided are also some of the safest options.
It abides by all the rules and regulations and millions of users worldwide trust the broker.
Can I invest in InvestMarkets with $5?
Yes, you can start trading in the markets using Investmarkets with $5. A user can choose any account type and use it to get started with trading on the platform.
Any amount, even as low as $5 is enough to engage in trading.
Are there any hidden charges available with InvestMarkets?
There are no hidden charges of any sort on the InvestMarkets platform.
The stockbroker discloses all necessary information at the time of opening an account.
It ensures transparency with all its customers and has disclosed all the charges.
It has provided information about all the charges associated with each account type.
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