INNO broker Accounts

inno Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: inno Account Types Overview

inno Account Types Explained

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, suitable for beginners
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.1 pips + commission
• Leverage Options: Up to 1:200
• Key Features: Direct market access, low latency
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads, commission-based
• Leverage Options: Up to 1:100
• Key Features: Tailored for professional traders with advanced tools
• Target User Profile: Institutional and professional traders
• Trading Instruments Available: Forex, commodities, indices, stocks

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Swap-free, compliant with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Same as Standard Account
• Key Features: Practice trading without risk, access to all trading instruments
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Part 2: inno Account Features Comparison

Detailed inno Account Features

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:100

• Islamic: 1:500

• Demo: Same as Standard

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.1 pips

• Pro: Competitive

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: Yes, based on volume

• Pro: Yes, competitive

• Islamic: None

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability: Yes for Islamic Account

• Swap-free Options: Yes for Islamic Account

• Demo Account Features: Full access to trading instruments, virtual funds

Advantages of Each Account Type

• Standard Account:

• User-friendly interface

• Low minimum deposit

• Access to a wide range of instruments

• Suitable for beginners

• ECN Account:

• Tight spreads

• Direct market access

• Ideal for high-frequency trading

• Advanced trading tools

• Pro Account:

• Tailored for professionals

• Advanced trading features

• High leverage options

• Competitive commission structure

• Islamic Account:

• Compliant with Sharia law

• No swap fees

• Similar features to Standard Account

• Accessible for Muslim traders

• Demo Account:

• Risk-free trading environment

• Practice with virtual funds

• Access to all trading instruments

• Ideal for strategy testing

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees can add up

• Pro Account:

• High minimum deposit

• May be too complex for beginners

• Islamic Account:

• Limited availability for non-Muslim traders

• Similar features to Standard Account may not appeal to all

• Demo Account:

• Virtual funds may not reflect real trading psychology

• Limited duration for practice

Part 3: inno Account Opening Requirements

inno Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Minimum age of 18 years

• Geographic Restrictions: Available in most countries; specific restrictions may apply

• Prohibited Countries: Not specified in available data

• Identity Verification Documents Needed: Government-issued ID, proof of income

• Proof of Residence Requirements: Utility bill or bank statement

• Additional Documentation for Professional Accounts: Business registration documents

• KYC/AML Compliance Procedures:

• Submission of identity verification documents

• Proof of residence verification

• Compliance with Anti-Money Laundering regulations

• Verification Time Frames:

• Typically 1-3 business days for account verification

Part 4: inno Account Opening Process

Step-by-Step inno Account Opening Guide

1. Visit Website and Click Registration: Navigate to the inno website and select the registration option.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Specify your trading preferences and risk tolerance.
5. Document Upload: Upload required verification documents.
6. Account Verification: Wait for the account to be verified by the inno team.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once funded, you can begin trading on the platform.

• Desktop vs Mobile Registration Differences: The registration process is similar on both platforms, but mobile may have additional app permissions.
• Common Registration Issues and Solutions: Ensure all documents are clear and legible; contact support for assistance.
• Average Account Approval Time: 1-3 business days.
• How to Upgrade/Downgrade Account Types: Contact customer support to request changes to your account type.

Part 5: inno Demo Account Information

inno Demo Account Guide

• Demo Account Features and Benefits:

• Access to all trading instruments

• Risk-free environment to practice trading strategies

• Virtual funds to simulate real trading conditions

• How to Open a Demo Account:

• Visit the inno website and select the demo account option.

• Fill in the required personal information.

• Receive access credentials via email.

• Demo Account Limitations:

• Limited duration (typically 30 days)

• Virtual balance may not reflect real market conditions

• Virtual Balance Amount: Typically $10,000 in virtual funds.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds, while live accounts require real money.

• Emotional factors in trading differ between demo and live accounts.

• Duration/Expiry of Demo Accounts: Usually expires after 30 days of inactivity.

Part 6: inno Islamic Account (if available)

inno Islamic Account Details

• Swap-free/Islamic Account Availability: Yes, available for Muslim traders.
• Eligibility Requirements: Must provide proof of religious adherence.
• Differences from Standard Accounts: No swap fees; otherwise similar features.
• How to Apply for Islamic Account: Select the Islamic account option during registration or contact support.
• Restrictions or Special Conditions: Must comply with Sharia law.

FAQs – inno Account Types & Opening

1. What account types does inno offer？

• inno offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.

1. How long does inno account verification take？

• Typically 1-3 business days.

1. Does inno offer demo accounts？

• Yes, inno provides demo accounts for practice trading.

1. Can I have multiple account types with inno？

• Yes, traders can open multiple account types.

1. Does inno offer Islamic/swap-free accounts？

• Yes, inno offers Islamic accounts that are swap-free.

1. What documents do I need to open a inno account？

• Government-issued ID, proof of income, and proof of residence.

1. Can I change my account type after registration？

• Yes, account types can be changed by contacting customer support.