TRADING TERMS (BY ACCOUNT TYPE)

Different trading conditions apply to each one of the trading accounts available at Forex Time (FXTM). Below you will find a table consisting of all the information relating to each one of these accounts.

  FXTM
Standard Account
FXTM
ECN MT4
FXTM
ECN MT5
FXTM
Amanah ECN
Trading Platforms MetaTrader 4
iOS
Android OS
Windows Mobile
MetaTrader 4 ECN
iOS
Android OS
Windows Mobile
MetaTrader 5 ECN
iOS
Android OS
Windows Mobile
MetaTrader 4 ECN
iOS
Android OS
Windows Mobile
Open Live Account
Open Demo Account
Contract Specification
Micro Lot (0.01)
Mini Lot (0.1)
Standard Lot (1)
Step Lot 0.01 0.01 0.01 0.01
Commission per 1 mln
From $20 - $52
5 Profit Sharing From 7% - 2%1
Account Currency USD / EUR USD / EUR USD / EUR USD / EUR
Minimum Deposit No Minimum Deposit 200 USD / EUR 200 USD / EUR 200 USD / EUR
Leverage / Margin Req. 1:500 - 1:13 1:500 - 1:10 1:500 - 1:10 1:500 - 1:10
Order Execution Instant Execution Market Execution Market Execution Market Execution
Spread From 0.5 From 0 From 0 From 0
Margin Call / Stop Out 20% 60%4 60%4 60%4
One Click Trading
Trading Instruments Currency Pairs
Majors, Minors, Exotics, RUB — 64
Metals — 2
CFD on Shares — 50
CFD on Commodities — 7
CFD on ETF — 11
CFD on Index Fund Futures — 6
Currency Pairs
Majors, Minors, Exotics, RUB — 39
Metals — 2
Currency Pairs:
Majors, Minors — 34
Metals — 2
Currency Pairs
Majors, Minors, Exotics,RUB — 39
Metals — 2
Deposit & Withdrawal Options
Trading Tools
Live Economic Calendar
FXStreet Feeder
SMS Alerts
FX Calculators
Pip Calculator
Margin Calculator
Trader's Calculator
Trading Signals
Trading Central
Open Live Account
Open Demo Account

Please Note:

  1. On Amanah ECN, instead of swaps, clients agree to share a percentage of profitable trades with Forex Time (FXTM) ranging from 7% to 2%. This will depend on the balance of the client's account. For more details on the percentages charged please click here.
  2. Commission is taken only when a position is opened, at double the levels listed in the table above (accounting for both the opening and the closing of the position). Since a client's total trading volume is calculated on a monthly basis, at the beginning of each month commissions will be charged at the highest level and should the trading volumes increase during the month it will be automatically be reduced to reflect the volumes traded.
  3. If positions are opened, closed, or modified on forex currency pairs on a standard.mt4 account in the hour before the trading session ends on Friday, the leverage will be fixed at 1:100. Before the beginning of the next trading session, the leverage will be reset based on the total volume of open positions on the account.
  4. On ECN MT4 and Amanah ECN, in the hour before the close of the trading session on Friday, the Stop Out level is changed from 60% to 100%.
  5. No commissions will be charged on MT5 accounts until 30.06.2013.
  FXTM
Standard ZuluTrade Account
FXTM
ECN ZuluTrade MT4
Trading Platforms MetaTrader 4
iOS
Windows Mobile
Android OS
ZuluTrade
MetaTrader 4 ECN
iOS
Windows Mobile
Android OS
ZuluTrade
Open Live Account
Open Demo Account
Contract Specification
Micro Lot (0.01)
Mini Lot (0.1)
Standard Lot (1)
Step Lot 0.01 0.01
Commission per 1 mln
From $20 - $52
Account Currency USD / EUR USD / EUR
Minimum Deposit No Minimum Deposit 200 USD / EUR
Leverage / Margin Req. 1:500 - 1:12 1:500 - 1:10
Order Execution Instant Execution Market Execution
Spread From 2.5 From 2.1
Margin Call / Stop Out 20% 60%3
One Click Trading
Trading Instruments Currency Pairs
Majors, Minors, Exotics, RUB - 64
Precious Metals - 2
Currency Pairs
Majors, Minors, Exotics,RUB - 39
Precious Metals - 2
Deposit & Withdrawal Options
Trading Tools
Live Economic Calendar
FXStreet Feeder
SMS Alerts
FX Calculators
Pip Calculator
Margin Calculator
Trader's Calculator
Trading Signals
Trading Central

Please Note:

  1. Commission is taken only when a position is opened, at double the levels listed in the table above (accounting for both the opening and the closing of the position). Since a client's total trading volume is calculated on a monthly basis, at the beginning of each month commissions will be charged at the highest level and should the trading volumes increase during the month it will be automatically be reduced to reflect the volumes traded.
  2. If open positions are modified or positions are opened or closed on Forex currency pairs on a standard.mt4 account in the hour before the trading session ends on Friday, the leverage will be fixed at 1:100 for all open and reopened positions on Forex currency pairs. Before the beginning of the next trading session, the leverage will be reset based on the total volume of open positions on the account.
  3. On ECN MT4 and Amanah ECN, in the hour before the close of the trading session on Friday, the Stop Out level is changed from 60% to 100%.