In order to help traders to create a successful trading strategy two account types were developed by the InstaForex Dealer Department specialists. Trading accounts’ types differ by the method of accounting spreads and commissions, which are picked by the trader opening an account.
These types of accounts are relevant for standard trading terms on Forex market and function without fees. Once a trader gets access to all trading instruments he/she pays a fixed spread setting a trade.
Insta.Standard accounts work for all types of traders and allow a trade to be settled with classical spread and with no fees. The main advantage of this type of account is its universality, as often a trader can change the trading leverage and work with a deposit size convenient for him/her. The features of the account allow trading with Micro Forex (minimum deposit $1-10), Mini Forex (minimum deposit $100), and Standard Forex (minimum deposit $1000).
The account of this type does not require any spread to be paid at opening a trade. For most currency instruments of Insta.Eurica account type zero spreads are applied, due to this the BID price is always equal to the ASK price. It should be noted that the offered price runs higher than the BID price (on the basis of which a chart in the trading terminal is plotted) by half of the standard spread for a given trading instrument which is rounded up to its integral value due to some technical peculiarities of the MetaTrader 4.00 platform.
This account type is recommended for newbies because it is not necessary to take into consideration the spread in case of pending orders usage: a pending order is executed right when the price reaches its value if the spread equals to 0. Before GTC orders’ placing and market entrance there is no necessity to calculate spread influence on the position result, this makes technical analysis highly effective.
Aside from the fact that Insta.Eurica accounts allow the newbies to get the hang of the market using a simpler system of trades conducting, this account type can be also used by professional traders, because its trade characteristics are the same as of Insta.Standard account type.
The size limitation of the minimal trade equals to 1 lot ($1 per pip) for accounts of Standard and Eurica types with balance over $100,000 or its equivalent in other currencies.
|Insta.Standard||Insta.Eurica||ECN Account||ECN Pro Account|
|Deposit currency||EUR, USD||EUR, USD||EUR, USD||EUR, USD|
|Minimum deposit||1 EUR||1 EUR||1 EUR||2000 EUR|
|Spreads ||Fixed 2-7||0||Av. Floating 1.2||Av. Floating 0.8|
|Minimal trade||0.01 lots||0.01 lots||0.01 lots||0.01 lots|
|Maximal trade ||10000 lots||10000 lots||10000 lots||10000 lots|
|Margin for locks ||25%||25%||25%||25%|
|Margin Call ||100%||100%||100%||100%|
|Stop Out ||50%||50%||50%||50%|
|Order execution||Instant Execution||Instant Execution||Market Execution||Market Execution|
|Features, Account type|
Insta.Standard: EUR, USD
Insta.Eurica: EUR, USD
ECN Account: EUR, USD
ECN Pro Account: EUR, USD
Insta.Standard: 1 EUR
Insta.Eurica: 1 EUR
ECN Account: 1 EUR
ECN Pro Account: 2000 EUR
ECN Account: unlimited
ECN Pro Account: unlimited
Insta.Standard: Fixed 2-7
ECN Account: Av. Floating 1.2
ECN Pro Account: Av. Floating 0.8
ECN Account: 0
ECN Pro Account: 0
Insta.Standard: 0.01 lots
Insta.Eurica: 0.01 lots
ECN Account: 0.01 lots
ECN Pro Account: 0.01 lots
|Maximal trade |
Insta.Standard: 10000 lots
Insta.Eurica: 10000 lots
ECN Account: 10000 lots
ECN Pro Account: 10000 lots
|Margin for locks |
ECN Account: 25%
ECN Pro Account: 25%
|Margin Call |
ECN Account: 100%
ECN Pro Account: 100%
|Stop Out |
ECN Account: 50%
ECN Pro Account: 50%
Insta.Standard: Instant Execution
Insta.Eurica: Instant Execution
ECN Account: Market Execution
ECN Pro Account: Market Execution
 - Spreads are shown in pips.
 - Margin means the percentage of volume of the total deposit that is necessary for maintaining the opposite positions for a single pair.
 - Level, when reached, positions may be forcibly closed.
 - Level, when reached, positions will be automatically closed.
 - The maximum amount of the CFD deal is 100 lots.
* - For deposits of more than $10,000.00 the minimum trade may be established in the amount of 0.10 lots ($0.10 per pip).
** - For deposits of more than $100,000.00 the minimum trade may be established in the amount of 1.00 lots ($1.00 per pip).
Spreads and commissions are given for major currency pairs.