Brokers / Imperial Trade / Accounts

Imperial Trade Account Types & How to Open

No verified license Est. 2024 4 account types

Imperial Trade accounts at a glance

Min. deposit$200
Max. leverage1:400
Account types4

Imperial Trade account tiers: an overview

Imperial Trade offers four account tiers: BASIC, PRO, MASTER, and ELITE. The minimum deposits step up sharply from $200 to $1,000, then $3,000, and finally $20,000 for the top tier. That progression is not unusual in the industry, but the jump to $20,000 is steep and will put the ELITE account out of reach for most retail traders.

What is notable is that the broker does not disclose commission structures for any of the tiers. Spreads are quoted as ranges—for example, 6–60 pips on BASIC and 2–30 pips on ELITE—but these are wide and vary by asset. Without a clear commission schedule, the true cost of trading is hard to assess. In our view, the lack of transparency on fees is a red flag, especially when combined with the high minimum deposits.

BASIC account: entry-level, but at a cost

The BASIC account requires a $200 minimum deposit, which is relatively low and might appeal to beginners. However, the spread range of 6–60 pips is wide, and for a novice trader, that can quickly erode small profits. The maximum leverage of 1:400 is available on this tier, which is aggressive and can amplify losses just as easily as gains.

For a trader just starting out, the BASIC account might seem like a low-risk entry point, but the combination of wide spreads and high leverage makes it risky. We would caution that a $200 deposit, while small, is still real money, and the broker's track record on withdrawals (see our main review) raises serious concerns about whether you would ever see it again.

PRO account: the middle ground

The PRO account requires a $1,000 minimum deposit and offers spreads from 4 to 50 pips. That is still a wide range, and the cost per trade could be significant, especially on volatile assets. Leverage remains at 1:400, which is unchanged across all tiers.

This tier might suit a trader who wants a bit more room to trade but is not ready for the higher tiers. However, given the broker's lack of regulation and the withdrawal complaints we have documented, we would not recommend depositing $1,000 with Imperial Trade. The risk of losing your capital is not just market risk—it is also the risk that you may not be able to withdraw your funds.

MASTER account: high deposit, unclear benefits

The MASTER account jumps to a $3,000 minimum deposit, yet the spreads are only marginally better than PRO (3–40 pips). There is no disclosed commission, and the leverage is still 1:400. The benefits of this tier over PRO are not clearly defined, which makes it hard to justify the threefold increase in deposit.

For a trader considering this tier, we would ask: what are you actually paying for? The broker does not disclose any added services, such as a dedicated account manager or better execution. In our assessment, the MASTER account appears to be a way to extract a larger deposit from clients without offering commensurate value.

ELITE account: for whom?

The ELITE account requires a $20,000 minimum deposit, which is a substantial sum for any retail trader. Spreads are quoted at 2–30 pips, the tightest of the four tiers, but still not exceptional. Leverage remains at 1:400, and commissions are not disclosed.

This tier is clearly aimed at high-net-worth individuals, but the lack of regulatory oversight makes it extremely risky to entrust such a large amount to Imperial Trade. In our view, even if the spreads are tighter, the potential for loss—both from market moves and from the broker's own conduct—is too high. We would strongly advise against depositing $20,000 with an unregulated broker.

Leverage: a double-edged sword

All Imperial Trade accounts offer a maximum leverage of 1:400. That is high by any standard, and it is particularly dangerous for retail traders who may not fully understand the risks. With 1:400 leverage, a 0.25% adverse move in the underlying asset can wipe out your entire margin.

In regulated jurisdictions, leverage is often capped—for example, ESMA limits retail leverage to 1:30 for major forex pairs. Imperial Trade's 1:400 leverage is a clear sign that they are not subject to such restrictions, which is consistent with their lack of regulation. For traders, this means the potential for rapid losses is enormous, and the broker's withdrawal problems only compound the risk.

Spreads, commissions, and hidden costs

Imperial Trade does not disclose commission structures for any account tier, and the spread ranges are wide. For example, the BASIC account's 6–60 pips means that on a typical forex pair, the cost per trade could be several times higher than what you would pay at a regulated broker. Even the ELITE account's 2–30 pips is not competitive.

We also note that the broker does not provide details on deposit or withdrawal fees, nor on any other charges. This lack of transparency makes it impossible to calculate the true cost of trading. In our experience, brokers that hide their fees often have other problems, and the user reviews we have seen support that concern.

Trading platforms: what to expect

Imperial Trade mentions Web Trader and Mobile Trader as their platforms, but there is no mention of industry-standard platforms like MetaTrader 4 or 5. This is a significant drawback for many traders who rely on MT4/MT5 for charting, automated trading, and a familiar interface.

The proprietary platforms may be functional, but they are not widely tested, and user reviews have not been positive. One trader reported that the platform worked well for three months, but then problems arose when they tried to withdraw funds. That suggests the platform itself may be fine, but the broker's back-end operations are the issue.

We would caution that a proprietary platform can also be used to manipulate trade execution or display false prices. Without independent verification, you are trusting the broker's software, which is a risk in itself.

Demo account and base currencies

Imperial Trade does not disclose whether they offer a demo account. For a broker that is not regulated, a demo account is often the only way for traders to test the platform and execution without risking real money. The absence of any mention of a demo is a negative signal.

Base currencies for accounts are also not disclosed. This is a minor detail, but it adds to the overall lack of transparency. Traders may be forced to convert their deposits into a specific currency, which could incur additional fees. We would expect a legitimate broker to provide this information upfront.

Account opening and KYC: what to expect

The account opening process at Imperial Trade is not described in detail, but based on our research, it likely involves submitting personal documents for KYC (Know Your Customer) verification. However, given the broker's lack of regulation, the KYC process may be lax, which could expose traders to identity theft or other risks.

We also note that the broker's company description claims it was set up in 2017 in Spain, but the founding date in our records is 2024-02-05. This discrepancy is concerning and suggests that the broker may be misrepresenting its history. In our assessment, the account opening process is likely straightforward, but the risks of depositing funds far outweigh any convenience.

We strongly advise traders to avoid opening an account with Imperial Trade until they can provide verifiable regulatory status and a clear track record of withdrawals.

Imperial Trade account types compared

Every account tier and its trading conditions on record.

AccountMin. depositMax. leverageMin. spreadCommissionEA
ELITE20,000 USD1:400 2-30--
MASTER3,000 USD1:400 3-40--
PRO1,000 USD1:400 4-50--
BASIC200 USD1:400 6-60--

How to open a Imperial Trade account

The typical steps to open and fund a Imperial Trade account. FXCanary always recommends testing a broker with a small deposit and a withdrawal before committing serious capital.

  1. Register — sign up on the official Imperial Trade site with your email and basic details.
  2. Verify (KYC) — upload ID and proof of address; regulated brokers legally must verify you.
  3. Choose an account — pick a tier from the table above that matches your deposit and strategy.
  4. Fund — deposit via a supported method (start small to test the process).
  5. Test a withdrawal — before scaling up, confirm you can withdraw smoothly.

Read the full Imperial Trade review →  ·  Is Imperial Trade safe?