- 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 |
* In order to start trading, the amount of funds on the account should not exceed 3 000 USD / 3 000 EUR / JPY 300 000. In case of exceeding the maximum allowed amount as a result of trading or account replenishment, the client should either change the account type to Standard or withdraw the surplus of funds.
** When the Equity of Beginner or Micro account reaches the maximum allowed amount of USD 5 000 / EUR 5 000 / JPY 500 000 or exceeds it, the opening of new positions will be automatically suspended. Moreover, for accounts of NetTradeX platform, this maximum of 5.000 USD is calculated in USD for accounts with any balance currency.
*** 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.