Standard Account
What is a Standard Forex Account?
The all-time classic forex account, the Standard Account at ForexTime (FXTM) offers traders a wide range of features and perks suitable for all traders, from the most amateur to the most experienced. This account type was the first to offer traders the ability to trade standard lots (hence the name of the account type) and is the longest standing account type in the forex market.
Traditionally, standard forex accounts tied down traders with a number of limitations such as the requirement of a bulky amount of capital and high commission fees, but this is no longer the case in the modern forex trading industry and especially not at ForexTime (FXTM). We've reformed our FXTM Standard Account with benefits which add great value to the trading experience.
Account Specifications
| Trading Platforms | MetaTrader 4 |
| Account Currency | USD / EUR / GBP |
| Leverage / Margin req. | Floating from 1:500- 1:251,12 |
| Maximum deposit | X |
| Minimum deposit | $/€/£ 100 |
| Commission | X |
| Order execution | Instant Execution |
| Spread | From 1.3 3 |
| Margin Call | 80% |
| Stop Out | 50% |
| Swap-Free | V |
| Limit & Stop Levels | 1 spread |
| Pricing | 5 decimals for FX (3 on JPY pairs), 2 decimals for Spot Metals |
| Trading Instruments | Majors, Minors, Exotics4 — 59 Spot Metals — 5 Spot CFDs - 1415, 16 |
| Minimum Volume in Lots per Trade | 0.01 |
| Micro Lot (0.01) | V |
| Mini Lot (0.1) | V |
| Standard Lot (1) | V |
| Step Lot | 0.01 |
| Maximum Volume in Lots per Trade | 30 |
| Maximum Number of Orders | 100 |
| Maximum Number of Pending Orders | 100 |
Notes:
1 Leverage is offered based on your knowledge and experience. The Leverage / Margin requirements may be subject to change as a result of applicable regulations in your country of residence. For residents of Poland, the maximum leverage is 1:100.
3 Spreads are floating and they may increase during specific periods of the day depending on the market conditions.
4 Exotic pairs are not available for swap-free accounts.
12 If positions are opened, closed, or modified on a Standard.MT4 or Cent.MT4 account in the hour before the trading session ends on Friday, the leverage will be switched to a maximum of up to 1:100 for all Forex currency pairs and spot metals. Before the beginning of the next trading session, the leverage will be reset based on the total volume of open positions on the account.
15 FXTM applies dividend adjustments on Shares and Spot Indices when positions remain open on the ex-dividend date. If a client is holding buy positions his/her account will be credited with the fixed dividend amount. If a client is holding sell positions then the dividend amount will be debited from his/her account.
16For Spot Indices and Spot Commodities on Standard MT4 Account: the Maximum volume per trade is 5 lots; the maximum volume of all orders for Spot Indices is 50 lots and 15 for Spot Commodities.