Account types

Fixed Spread
Floating Spread

Characteristics	Centaccount	Standardaccount
Account Currency	US cent, EU cent, MYR cent, THB cent	USD, EUR, MYR, THB, NGN
Leverage ? This is the ratio of client's amount of traded funds to free funds.	up to 1:1000	up to 1:500
Spread ? Spread is the difference between buy and sell price.	Fixed, starting from 1 pip. For full spread list click here	Fixed, starting from 1 pip. For full spread list click here
Margin Call/Stop Out level ? Margin Call is the level of client's funds where a notification about insufficient funds is sent. Stop Out is the level of client's funds where losing positions are closed automatically.	30%/10%	30%/10%
Execution ? Order execution mode	Instant	Instant/Market⁽¹⁾
Position size ? Maximum and minimum position size, in standard lots	0.01 - 200.00 lot⁽³⁾	0.01 - 2.00 standard lot
Step	0.01	0.01
Max. number of positions online ? The maximum combined number of open and pending positions that you can maintain at this account.	150	100
Commission ? This is a fee charged for making transactions	No	No
Quotes ? An indicative market price	basic (4 digits after comma)	basic (4 digits after comma)
Swap interest ? A Swap is a difference in credit interest rates for currencies used in trades. The interest is added (if it is positive) to the account or taken from it (if negative) when a trading position is left open overnight.	Swap-free available	Swap-free available
Hedging policy ? The ability to use hedging (Locking). Opening a transaction in the direction opposite to an existing one, allowing to keep both positions open.	Hedging is allowed except hedging between swap and swap-free accounts
Locked-Up Margin for hedged positions? Margin required to open and maintain hedged positions of the same volume	0%	0%
Strategy Policy	Generally, no limits for strategies⁽⁴⁾
	Open Cent account	Open Standard account

Characteristics	Interbank Centaccount	Interbank Standardaccount	ECN Plusaccount	ECN Pro⁽⁶⁾account
Account Currency	US cent, MYR cent, THB cent	USD, MYR, THB, NGN	USD, MYR, THB, NGN	USD
Leverage ? This is the ratio of client's amount of traded funds to free funds.	up to 1:500	up to 1:500	up to 1:500	Forex, metals: up to 1:300 Indices: up to 1:100 Crypto: up to 1:10
Spread ? Spread is the difference between buy and sell price.	Floating, starting from 1.1 pip with a 5-digit price feed. For full spread list click here	Floating, starting from 1.1 pip with a 5-digit price feed. For full spread list click here	Floating, starting from 1.1 pip with a 5-digit price feed. For full spread list click here	Floating, starting from 0.1 pip with a 5-digit price feed.
Margin Call/Stop Out level ? Margin Call is the level of client's funds where a notification about insufficient funds is sent. Stop Out is the level of client's funds where losing positions are closed automatically.	60%/40%	40%/20%	100%/70%	100%/80%
Execution ? Order execution mode	Market	Market	Market	Market
Position size ? Maximum and minimum position size, in standard lots	0.01 - 500.00 lot⁽³⁾	0.01 - 5.00 standard lot	0.01 - 5.00 standard lot	Forex, metals: 0.01 - 50.00 standard lot Indices: 0.1 - 50.00 standard lot Crypto: 0.01 - 10.00 standard lot
Step	0.01	0.01	0.01	0.01
Max. number of positions online ? The maximum combined number of open and pending positions that you can maintain at this account.	150	150	150	300
Commission ? This is a fee charged for making transactions	No	No	Swap accounts - 0.6 pip per lot. Swap-free accounts - 1.6 pip per lot	Forex, metals, indices: $3 per lot Crypto: 0.3% per lot
Quotes ? An indicative market price	extended (5 digits after comma)	extended (5 digits after comma)	extended (5 digits after comma)	extended (5 digits after comma)
Swap interest ? A Swap is a difference in credit interest rates for currencies used in trades. The interest is added (if it is positive) to the account or taken from it (if negative) when a trading position is left open overnight.	Swap-free available	Swap-free available	Market (for the full swap rates list click here) Swap-free available	Available (3-days swap: Indices, Crypto - Friday, Metals - Wednesday)
Hedging policy ? The ability to use hedging (Locking). Opening a transaction in the direction opposite to an existing one, allowing to keep both positions open.	Hedging is allowed except hedging between swap and swap-free accounts
Locked-Up Margin for hedged positions? Margin required to open and maintain hedged positions of the same volume	0%	0%	0%	0%
Strategy Policy	Generally, no limits for strategies⁽⁴⁾		All strategies, including scalping are available⁽⁷⁾
	Open Interbank Cent account	Open Interbank Standard account	Open ECN Plus account	Open ECN Pro account

(1) Market Execution only for instruments with 0 pip spread (like a EURUSD#, GBPUSD# etc.):
a. The trading commission is $10.
b. A Non-Qualified Trades Commission is applied.
c. Locked-Up Margin for hedged positions - 0%

(2) There might be exceptions from this rule.

(3) Micro lot equals to 1/100th of a standard lot. For example: Position on Cent (Interbank Cent) type account 200.00 lot equal 2.00 lot on Standard, Interbank Standard, ECN Plus and ECN Pro account types

(4) There might be exceptions from this rule.

(5) If your balance goes negative due to Stop Out your losses will be covered by FXCL in full and you won't lose more than you have invested (Full terms in Trading Agreement).

(6) Minimum deposit for ECN Pro account is $100.

(7) ECN Pro is specifically designed for:

Scalping/Algo EAs and Strategies
Martingale/Grid EAs and Strategies
Professional Fund Management with the usage of MAM
Any strategies where it is important to place Entry/Stop Orders as close to the market price as possible. There are no distance restrictions at all for placing such orders on the ECN PRO account.

A useful tip for clients from Indonesia, Laos, Malaysia, and Thailand - use Fixed rate option

Check the Open Account page to learn about the Fixed rate option which allows you to benefit from special FXCL conversion rate and increase your trading possibilities.