- Trading
- Trading Conditions
- Trading Account Types
Forex & CFD Trading Accounts
Fixed & Floating Spreads – Trading Account Types
| Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating | |
|---|---|---|---|
| Balance currency | USD EUR JPY uBTC | USD EUR JPY uBTC | USD EUR JPY uBTC |
| Initial deposit | 1000 USD | 1000 EUR | 100000 JPY | 1 USD | 1 EUR | 100 JPY | - |
| Maximum equity * | - | 5000 USD | - |
| Leverage *** | 1:1 - 1:200 | 1:1 - 1:400 | 1:1 - 1:400 |
| Min. fixed spread | From 1.8 pips | From 1.8 pips | From 1.8 pips |
| Min. floating spread | From 0.4 pips | From 0.4 pips | From 0.4 pips |
| Short margin level (Stop out) | 10% | 10% | 10% |
| Minimum volume of the deal (forex) | 10000 units | 100 units | 100 units |
| Market newsline | + | + | - |
| Accounting system of positions ****** | Hedged/Netting | Hedged/Netting | Hedged/Netting |
| Open Account | Open Account | Demo Account |
* If the amount of funds in a Beginner or Micro account reaches or exceeds the maximum allowed value of 5,000 USD / 5,000 EUR / JPY 500,000, then opening new positions on the account is automatically blocked. For NetTradeX platform accounts, this maximum of 5,000 USD is calculated in USD for accounts with any balance currency. In case this maximum is exceeded as a result of trading or replenishment of the account, the client must either change the account type to Standard or withdraw the excess funds.
** Standard-ECN and Demo-ECN accounts incur a commission of 0.005% on the transaction volume.
*** Our default leverage offered is 1:100. Higher leverage is available to qualifying traders
**** 1 lot = 100,000 units of the first currency of the pair
***** The current margin recalculation is performed using the uBTC indicative instrument (in our database of instruments of NetTradeX trading terminal in the section Indices, subsection Crypto), which reflects the current rate
of the uBTC against the USD.
You can replenish your uBTC account only with Bitcoins and withdraw funds only with Bitcoins, including profit.
****** Accounts may have the option of hedging or netting. In case of hedging accounting for one financial instrument, you can have several open positions simultaneously, including multidirectional ones. In case of netting accounting for each instrument, only one position is possible, and any transaction opens or changes the volume/direction of only this single position. On the NetTradeX platform, you select the option Hedging/Netting in the dialogue of opening a position (by default - Hedging). On the MetaTrader 5 platform, when creating a new account, you can set this option, and the account will be either hedging or netting.
Clients belonging to the Islamic religion can open Islamic Trading Accounts where Swaps are not calculated.