What Account Types and Fees Does InterStellar Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low spreads, user-friendly platform |
Suitable for small-capital practice |
| Professional Account |
Experienced traders and institutions |
High leverage, advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients and hedge funds |
Customized services, dedicated support |
Requires corporate documentation |
| Islamic Account |
Traders seeking swap-free options |
Complies with Sharia law, no overnight interest |
Requires proof of eligibility |
| Demo Account |
New traders and those testing strategies |
No risk, practice trading with virtual funds |
No capital requirement, valid for a limited time |
Account Opening Process
To open an account with InterStellar, traders must follow a straightforward process:
1. Submit personal information, including name, email, and phone number.
2. Provide employment details, including occupation and employer information.
3. Disclose financial information, such as income and net worth.
4. Complete identity verification by uploading required documents, including a government-issued ID and proof of address (e.g., utility bill).
5. Once approved, users can start with a Retail Account and have the flexibility to upgrade to a Professional Account later based on trading activity and experience.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing |
| CFDs (Stocks) |
0.1% |
$4 per lot |
Variety of stocks available |
| CFDs (Indices) |
0.5% |
$2 per lot |
Access to major indices |
| CFDs (Commodities) |
0.3% |
$3 per lot |
Includes gold and oil |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
InterStellar also has several other related costs that traders should be aware of:
– Deposit/withdrawal fees may apply depending on the payment method used.
– An inactivity fee is charged if no trading activity occurs for a specified period (typically 6 months).
– Platform usage fees are applicable for certain advanced trading tools.
– Overnight interest (swap rates) will be charged for positions held overnight unless an Islamic account is used.
– Currency conversion fees may apply for transactions involving different currencies.
