Account types
‹
›
Zero Spread
account
No spread trading with market execution
Account currency
USD, EUR, MYR, THB, NGN
Leverage
1:200
Deposit amount
$10 - $5000
Position Size
0.01 - 2.00
(standard lot)
(standard lot)
Spread
0 (zero)
Execution
Market
Beginner
account
Increased trading possibilities with
1:1000 leverage
1:1000 leverage
Account currency
USD, MYR, THB, NGN
Leverage
1:1000
Deposit amount
$1 - $20 000
Position Size
0.01 - 1.00
(standard lot)
(standard lot)
Spread
Execution
Instant
Micro Cent
account
Trade small amounts with minimized
risks. Account currency in USD100
risks. Account currency in USD100
Account currency
US cent, EU cent, MYR cent, THB cent
Leverage
1:500
Deposit amount
$1 - $20 000
Position Size
0.01 - 200.00
(micro lot)
(micro lot)
Spread
Execution
Instant
Mini
account
Make instant profits from short
positions with fixed spread from 2 pip
positions with fixed spread from 2 pip
Account currency
USD, EUR, MYR, THB, NGN
Leverage
1:500
Deposit amount
$1 - $20 000
Position Size
0.01 - 2.00
(standard lot)
(standard lot)
Spread
Execution
Instant
ECN Light
account
Cent account with market execution
and tight spread from 1.1 pip
and tight spread from 1.1 pip
Account currency
US cent, MYR cent, THB cent
Leverage
1:500
Deposit amount
$1 - $20 000
Position Size
0.01 - 500.00
(micro lot)
(micro lot)
Spread
Execution
Market
ECN Interbank
account
Market execution and spread from
1.1 pip for confident interbank trading
1.1 pip for confident interbank trading
Account currency
USD, MYR, THB, NGN
Leverage
1:500
Deposit amount
$1 - $30 000
Position Size
0.01 - 5.00
(standard lot)
(standard lot)
Spread
Execution
Market
ECN Plus
account
Unlimited possibilities for aggressive
trading. Non-qualified trades allowed
trading. Non-qualified trades allowed
Account currency
USD, MYR, THB, NGN
Leverage
1:500
Deposit amount
$1 - $20 000
Position Size
0.01 - 5.00
(standard lot)
(standard lot)
Spread
Execution
Market
| Characteristics | Zero Spread | Beginner | Micro Cent | Mini | ECN Light | ECN Interbank | ECN Plus |
|---|---|---|---|---|---|---|---|
| Deposit amount ?
Deposit amount range for the trading account
|
$10 - $5000 | $1 - $20000 | $1 - $20000 | $1 - $20000 | $1 - $20000 | $1 - $30000 | $1 - $20000 |
| Commission ?
This is a fee charged for making transactions
|
Swap accounts: from $20 per lot. Swap-free accounts: from $30 per lot*. |
No | No | No | No | Swap accounts - 0.2 pip per lot. Swap-free accounts - 0.6 pip per lot | Swap accounts - 0.6 pip per lot. Swap-free accounts - 1.6 pip per lot |
| Leverage ?
This is the ratio of client's amount of traded funds to free funds.
|
Leverage is changed automatically | ||||||
| from 1 to 1000 - 1:200 from 1000 to 3000 - 1:100 from 3000 to 4000 - 1:50 from 4000 to 7000 - 1:25 from 7000 and up - 1:10 |
from 0 to 1000 - 1:1000 from 1000 to 3000 - 1:100 from 3000 to 5000 - 1:50 from 5000 and above - 1:10 |
from 0 to 5000 - 1:500 from 5000 to 10000 - 1:200 from 10000 to 15000 - 1:100 from 15000 to 20000 - 1:50 from 20000 to 40000 - 1:25 from 40000 and above - 1:10 |
from 0 to 5000 - 1:500 from 5000 to 10000 - 1:200 from 10000 to 15000 - 1:100 from 15000 to 20000 - 1:50 from 20000 to 40000 - 1:25 from 40000 and above - 1:10 |
from 0 to 5000 - 1:500 from 5000 to 10000 - 1:200 from 10000 to 15000 - 1:100 from 15000 to 20000 - 1:50 from 20000 to 40000 - 1:25 from 40000 and above - 1:10 |
from 0 to 7000 - 1:500 from 7000 to 15000 - 1:200 from 15000 to 30000 - 1:100 from 30000 to 40000 - 1:50 from 40000 to 50000 - 1:25 from 50000 and above - 1:10 Leverage is changed automatically |
from 0 to 5000 - 1:500 from 5000 to 7000 - 1:200 from 7000 to 10000 - 1:100 from 10000 and above - 1:25 |
|
| Spread ?
Spread is the difference between buy and sell price.
|
0 (zero) | Fixed. For full spread list click here | EUR/USD and USD/JPY: 2 pips GBP/USD and USD/CHF: 3 pips. For full spread list click here | EUR/USD and USD/JPY: 2 pips GBP/USD and USD/CHF: 3 pips. 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 1.1 pip with a 5-digit price feed. For full spread list click here |
| Expert Advisor policy ?
Expert Advisor is a set of logic in the form of a file for automation of trading.
|
Grid/Martingale-type EAs are not allowed. Most other EA types are allowed | All EA types are allowed | |||||
| 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. |
100%/70% | 40%/20% | 30%/10% | 30%/10% | 60%/40% | 40%/20% | 100%/70% |
| Execution ?
Order execution mode
|
Market | Instant | Instant | Instant | Market | Market | Market |
| Grid/Martingale policy ?
Ability to use Grid and Martingale strategies
|
Grid/Martingale strategies are fully prohibited | Grid/Martingale strategies are allowed | |||||
| Position size ?
Maximum and minimum position size, in standard lots
|
0.01 - 2.00 standard lot | 0.01 - 1.00 standard lot | 0.01 - 200.00 lot** | 0.01 - 2.00 standard lot | 0.01 - 500.00 lot** | 0.01 - 5.00 standard lot | 0.01 - 5.00 standard lot |
| Max. number of orders ?
The maximum combined number of open and pending orders that you can maintain at this account.
|
50 | 20 | 150 | 100 | 150 | 150 | 150 |
| Swap interest ?
A Swap is the 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.
|
Market (for the full swap rates list click here) Swap-free available | Swap-free available | Swap-free available | Swap-free available | Swap-free available | Market (for the full swap rates list click here) Swap-free available | Market (for the full swap rates list click here) 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 | ||||||
| Non-qualified trades ?
The trading positions that are not considered in calculations.
|
Non-aggressive usage is allowed. | Non-qualified trades are fully prohibited | Non-aggressive usage is allowed | ||||
| Open Zero Spread account |
Open Beginner account |
Open Micro Cent account |
Open Mini account |
Open ECN Light account |
Open ECN Interbank account |
Open ECN Plus account |
|
*Zero Spread specifications:
1. A Non-Qualified Trades Commission is applied. The NQT Commission ($15 per 1 lot round trip) is charged for trades, which don’t pass the distance of more than 3 pips or are open for less than 3 minutes. It's deducted after the trades are closed.
2. Commission on Zero Spread account with swap/swap-free:
For swap accounts: $20 per lot (EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD, EURJPY, EURCHF, EURGBP); $40 per lot (AUDCAD, AUDCHF, CADCHF, CADJPY); $70 per lot (NZDCAD, NZDCHF, AUDNZD, EURCAD).
For swap-free accounts: $30 per lot (EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD, EURJPY, EURCHF, EURGBP); $50 per lot (AUDCAD, AUDCHF, CADCHF, CADJPY); $80 per lot (NZDCAD, NZDCHF, AUDNZD, EURCAD)
3. Locked-Up Margin for hedged positions (25%) means that only 25% of the supporting margin will be charged from each position. While having two simultaneously opened opposite orders of one instrument with the same volume, half of the margin of one position will be charged.
Example:
1) Open the EURUSD# position of 1 lot, the charged Used Margin is 234.02
2) Open the opposite EURUSD# position of 1 lot, Now the Used Margin is 117.00 (sell 25% + buy 25%)
Calculation: For each position (sell and buy), 25% is calculated: 234.02/4=58.5. Then, it's multiplied by 2 (58.5*2) as there are two hedging orders. Thus, 58.5*2=117.00.
1. A Non-Qualified Trades Commission is applied. The NQT Commission ($15 per 1 lot round trip) is charged for trades, which don’t pass the distance of more than 3 pips or are open for less than 3 minutes. It's deducted after the trades are closed.
2. Commission on Zero Spread account with swap/swap-free:
For swap accounts: $20 per lot (EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD, EURJPY, EURCHF, EURGBP); $40 per lot (AUDCAD, AUDCHF, CADCHF, CADJPY); $70 per lot (NZDCAD, NZDCHF, AUDNZD, EURCAD).
For swap-free accounts: $30 per lot (EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD, EURJPY, EURCHF, EURGBP); $50 per lot (AUDCAD, AUDCHF, CADCHF, CADJPY); $80 per lot (NZDCAD, NZDCHF, AUDNZD, EURCAD)
3. Locked-Up Margin for hedged positions (25%) means that only 25% of the supporting margin will be charged from each position. While having two simultaneously opened opposite orders of one instrument with the same volume, half of the margin of one position will be charged.
Example:
1) Open the EURUSD# position of 1 lot, the charged Used Margin is 234.02
2) Open the opposite EURUSD# position of 1 lot, Now the Used Margin is 117.00 (sell 25% + buy 25%)
Calculation: For each position (sell and buy), 25% is calculated: 234.02/4=58.5. Then, it's multiplied by 2 (58.5*2) as there are two hedging orders. Thus, 58.5*2=117.00.
**Micro lot equals to 1/100th of a standard lot.
Useful tip for clients from Indonesia, Laos, Malaysia and Thailand - use Fixed rate option
Check Open Account page to learn about Fixed rate option which allows you to benefit from special FXCL conversion rate and increase your trading possibilities.