FREQUENTLY ASKED QUESTIONS

Find answers to common questions about trading with InnovaFX. If you can't find what you're looking for, please contact our support team.

General

Innova FX is a leading stock broker in India, offering a comprehensive platform for trading in Commodities, Futures, and Options We provide secure, reliable, and user-friendly services tailored to meet the needs of both new and experienced traders.

Our brokerage charges are competitive and transparent. We offer:

  • Derivatives Futures and Options: Lowest executed order
  • Commodities and Currencies: Lowest per executed order
  • Innova FX is offering the lowest brokerage charges on assets and all exchanges.

Opening an account with Innova FX is simple and can be done online. All you need is a Phone number and email address, that’s it! No other documents required. The account opening process typically takes just a few seconds.

You can deposit funds into your Innova FX account through multiple methods:

  • Net Banking
  • UPI
  • NEFT/RTGS
  • IMPS

Deposits are usually processed instantly or within a few minutes, depending on the method used.

Withdrawing funds from your Innova FX account is easy. Follow these steps:

  1. Log in to your Innova FX account.
  2. Navigate to the Withdrawals section.
  3. Click on "New Request".
  4. Enter the amount you wish to withdraw, provide your bank details, and submit.

Withdrawals are typically processed instantly or within 2 hours and will be credited to your registered bank account.

Innova FX offers multiple trading platforms to suit your needs:

  • Web Platform: Trade from any browser with our intuitive web-based platform.
  • Mobile App: Trade on the go with our highly-rated mobile app available on Android and iOS.
  • Desktop Application: For advanced traders, we provide a desktop trading application with comprehensive charting tools and fast execution.

Innova FX offers dedicated customer support through various channels:

Our support team is available Monday to Saturday, 24hrs.

A beginner trader can start trading with as low as Rs.500. However, a bigger capital reduces the risk on the account.

No, not at all. We are committed to providing the best trading solutions for our traders, so we do not charge any deposit or withdrawal fees.

Innova FX offers a variety of trading tools to enhance your trading experience. These include real-time charts, technical analysis indicators, economic calendars, and risk management features.

Forex

Forex trading on Innova FX allows traders to buy and sell currency pairs in the global foreign exchange market. We provide access to a wide range of major, minor, and exotic currency pairs with competitive spreads and lightning-fast execution. What forex pairs can I trade on Innova FX? You can trade a variety of forex pairs, including:

  • Major pairs (EUR/USD, GBP/USD, USD/JPY, etc.)
  • Minor pairs (EUR/GBP, AUD/CAD, NZD/JPY, etc.)
  • Exotic pairs (USD/TRY, EUR/ZAR, USD/MXN, etc.)

The forex market is open 24 hours a day, 5 days a week, operating in different global trading sessions: Sydney, Tokyo, London, and New York.

Innova FX offers fixed leverage on forex trading, allowing the traders to maximize their exposure with a minimum capital investment.

Yes, Innova Fx offers lowest commissions on Forex trading.

Yes! Innova FX provides a mobile trading app for both Android and iOS, so you can trade forex on the go.

Commodities

Innova FX offers a range of commodities, including:

  • Precious metals: Gold, Silver, Platinum
  • Energy: Crude Oil, Natural Gas
  • Agricultural products: Corn, Wheat, Coffee
  • Competitive spreads
  • Fast execution speeds
  • No hidden charges
  • Access to global markets

Innova FX provides leverage of up to 1:500 for commodity trading.

Commodity trading hours vary by asset but generally follow global exchange timings. For example:

  • Gold & Silver: 24 hours a day, Monday to Friday
  • Crude Oil & Natural Gas: Market-dependent

Yes, swap rates may apply if you hold a commodity position overnight. Check the platform for specific rates.

Stocks & Indices Trading

Innova FX offers trading on leading global indices like:

  • US500 (S&P 500)
  • US30 (Dow Jones)
  • NAS100 (NASDAQ 100)
  • UK100 (FTSE 100)
  • GER40 (DAX 40)

Additionally, you can trade stocks from major global markets, including US, UK, and European stocks.

Innova FX offers fixed leverage on US stock & indices trading, allowing the traders to maximize their exposure with a minimum capital investment.

Trading hours vary based on the stock exchange. For example:

  • US Stocks: 09:30 AM - 04:00 PM (EST)
  • European Stocks: 08:00 AM - 04:30 PM (GMT)
  • Indices: Almost 24 hours (market-dependent)

Innova FX offers lowest commissions on indices and competitive commissions on stock CFDs.

Cryptocurrency

You can trade a wide range of cryptocurrencies, including:

  • Bitcoin (BTC/USD)
  • Ethereum (ETH/USD)
  • Ripple (XRP/USD)
  • Litecoin (LTC/USD)
  • Dogecoin (DOGE/USD)

Trading cryptocurrencies on Innova FX provides several advantages:

  • 24/7 trading
  • No deposit or withdrawal fees
  • Trade with leverage up to 1:100
  • Instant execution and competitive spreads

Yes, Innova FX offers lowest commissions on Crypto trades.

Yes! You can trade cryptocurrencies via our mobile app or web platform anytime, anywhere.

Equity

Innova FX provides access to major global stock markets, including the US, UK, and European markets.

Trading equities on Innova FX offers several benefits:

  • Trade fractional shares
  • Access to global markets
  • No hidden charges
  • Leverage up to 1:500

Equity trading follows global stock exchange hours, varying by region.

ETFs

Innova FX offers popular ETFs, including:

  • SPDR S&P 500 ETF (SPY)
  • Invesco QQQ ETF (QQQ)
  • Vanguard FTSE Emerging Markets ETF (VWO)

Trading ETFs on Innova FX offers several benefits:

  • Diverse market exposure
  • Low cost compared to individual stocks
  • Lowest commissions

Innova FX provides leverage up to 1:500 for ETF trading.

Innova FX offers dedicated customer support through multiple channels:

  • Email Support: support@innovafx.com
  • Phone Support: +91 9355784595
  • Live Chat: Available on our website and mobile app for instant assistance

Our support team is available Monday to Saturday, 24 hours a day.

About Us

Innova FX is a leading stock and forex brokerage, providing cutting-edge trading solutions with lowest brokerage fees, fast execution speeds, and user-friendly platforms.

  • Lowest commission trading
  • Fast account opening with no paperwork
  • Advanced trading platforms (web, mobile, and desktop)
  • Wide range of assets (forex, stocks, indices, commodities, crypto, ETFs)
  • Secure and regulated environment

Yes, Innova FX operates under strict regulatory guidelines, ensuring a safe and transparent trading environment.

Still have questions?

Our support team is here to help you with any questions you may have.

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