IWBank Account Type

IWBank offers two main types of trading accounts designed to cater to different trading needs:

• Direct Start Account:
• Tailored for individuals who prefer a straightforward approach to banking.
• Provides essential services without unnecessary complexities.
• Includes financial instrument lending and seamless online services suitable for everyday banking and basic investment activities.
• Direct Trader Account:
• Crafted for individuals focused on trading in major global markets.
• Features a zero-fee current account and no-cost securities deposit for custody and administration.
• Provides specialized trading services such as scalper and super scalper with leverage up to 20 times the available margin.
• Grants access to advanced proprietary trading platforms like IW Quick Trade and 4 Trader +, along with a dedicated mobile trading app.

IWBank Broker Account Opening Process

Opening an account with IWBank is a straightforward process that can be completed online:

• Online Application:
• Prospective clients can start by filling out an online application form available on the IWBank website.
• Document Submission:
• Required documents include a tax code or health card and proof of identity, which can be uploaded directly on the platform.
• Verification:
• IWBank verifies the submitted documents and performs necessary background checks.
• Account Activation:
• Once approved, clients receive their account details and can start trading.