FXI Account Overview

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advantage

ADVANTAGE

advantage-plus

ADVANTAGE PLUS

MINIMUM DEPOSIT

$/€/£ 500, ₦80,0001

MINIMUM DEPOSIT

$/€/£ 500, ₦80,0001

SPREADS

From 0.0

SPREADS

From 1.5

COMMISSIONS

Average of $0.4-$2 based on volume4


For Cryptocurrencies: Average of $30-$150 based on volume

COMMISSIONS

Zero

TRADING INSTRUMENTS

FX

Metals

Commodities

Indices3

Stock CFDs (only MT5)

Stocks (only MT5)3

Cryptocurrencies

TRADING INSTRUMENTS

FX

Metals

Commodities

Indices3

Stock CFDs (only MT5)

Stocks (only MT5)3

Cryptocurrencies

ORDER EXECUTION

Market Execution

ORDER EXECUTION

Market Execution

CURRENCY

USD / EUR / GBP / NGN1

CURRENCY

USD / EUR/ GBP1

LEVERAGE/MARGIN REQUIREMENTS5

Up to 1:2000* (floating)

LEVERAGE/MARGIN REQUIREMENTS5

Up to 1:2000* (floating)

MARGIN CALL

80%9

MARGIN CALL

80%

STOP OUT

50%9

STOP OUT

50%

SWAP FREE10

Yes

SWAP FREE10

Yes

LIMIT & STOP LEVELS

NO

LIMIT & STOP LEVELS

NO

DECIMAL QUOTES ON FX AND METALS

FX: 5 decimals (3 on JPY pairs), Metals: 2 decimals for XAUUSD, 3 decimals for XAGUSD

DECIMAL QUOTES ON FX AND METALS

FX: 5 decimals (3 on JPY pairs), Metals: 2 decimals for XAUUSD, 3 decimals for XAGUSD

MINIMUM VOLUME IN LOTS PER TRADE

0.0112

MINIMUM VOLUME IN LOTS PER TRADE

0.01

MAXIMUM NUMBER OF ORDERS

Unlimited

MAXIMUM NUMBER OF ORDERS

Unlimited

MAXIMUM VOLUME PER ORDER

100

MAXIMUM VOLUME PER ORDER

100

MAXIMUM VOLUME IN LOTS OF ORDERS

Unlimited13

MAXIMUM VOLUME IN LOTS OF ORDERS

100

MAXIMUM VOLUME OF PENDING ORDERS

300

MAXIMUM VOLUME OF PENDING ORDERS

300

MINIMUM DEPOSIT

$/€/£ 500, ₦80,000

Spreads

From 0.0

Commissions

Average of $0.4-$2
based on volume

For Cryptocurrencies: Average of $30-$150 based on volume

Trading instruments

  • FX
  • Metals
  • Commodities
  • Indices
  • Stock CFDs (only MT5)
  • Stocks (only MT5)
  • Cryptocurrencies

ORDER EXECUTION

Instant Execution

CURRENCY

USD / EUR / GBP / NGN

LEVERAGE / MARGIN REQUIREMENTS

Up to 1:2000* (floating)

Margin call

80%

STOP OUT

50%

SWAP FREE

YES

LIMIT and stop levels

NO

DECIMAL QUOTES ON FX AND METALS

FX: 5 decimals (3 on JPY pairs), Metals: 2 decimals for XAUUSD, 3 decimals for XAGUSD

MINIMUM VOLUME IN LOTS PER TRADE

0.01

MINIMUM NUMBER OF ORDERS

Unlimited

MAXIMUM VOLUME IN LOTS OF ORDERS

Unlimited

MAXIMUM VOLUME OF PENDING ORDERS

300

MINIMUM DEPOSIT

$/€/£ 500, ₦80,000

Spreads

From 1.5

Commissions

Zero

Trading instruments

  • FX
  • Metals
  • Commodities
  • Indices
  • Stock CFDs (only MT5)
  • Stocks (only MT5)
  • Cryptocurrencies

ORDER EXECUTION

Market Execution

CURRENCY

USD / EUR/ GBP

LEVERAGE / MARGIN REQUIREMENTS

Up to 1:2000* (floating)

Margin call

80%

STOP OUT

50%

SWAP FREE

YES

LIMIT and stop levels

NO

DECIMAL QUOTES ON FX AND METALS

FX: 5 decimals (3 on JPY pairs), Metals: 2 decimals for XAUUSD, 3 decimals for XAGUSD

MINIMUM VOLUME IN LOTS PER TRADE

0.01

MINIMUM NUMBER OF ORDERS

Unlimited

MAXIMUM VOLUME IN LOTS OF ORDERS

100

MAXIMUM VOLUME OF PENDING ORDERS

300

*The maximum possible leverage for residents of Kenya is 1:400, regardless of instrument or account type.

1 - NGN accounts are only available to clients in Nigeria.

2 - Spreads are floating, and they may increase during specific periods of the day depending on the market conditions.

3 - FXTM applies dividend adjustments on Stocks and Indices when positions remain open at the close of the trading session, on the business day before the ex-dividend date. However, kindly note that the dividend adjustment takes place before the market opening of 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.

4 - Commission on Advantage MT4 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). For further details of the Commission charges for Advantage MT4 account, please refer to the Commissions page.

5 - Please note that margin requirements may vary between symbols and servers. For further information please refer to the Leverage and margin requirements page.

6 - Please note that during the daily rollover starting from 23:59:59 (MT server time) and for a few seconds, our servers stop accepting any requests due to data processing in regard to the preparation of daily and monthly statements.

9 - Please bear in mind that we reserve the right to change, within the hour before the close of the trading session on every Friday, the Stop Out and Margin Call levels from 50% to 100% and from 80% to 130% respectively, for all Advantage MT4/MT5 accounts. We may extend these amendments for as long as we deem necessary after the market opening, by providing you with prior written notice.

10 - Exotic pairs are not available for swap-free accounts.

12 - For Indices and Commodities on the Advantage MT4/MT5 and Advantage Plus MT4/MT5 accounts, the Maximum Volume per trade is 5 lots.

13 - For Indices and Commodities on the Advantage MT4/MT5 and Advantage Plus MT4/MT5 accounts, the Maximum Volume of all orders is 100 lots.

14 - CFD Cryptocurrency trading on MT5 accounts has a four-hour break from 10:00 to 14:00 (EET) on Saturdays and from 22:00 to 22:10 (EET) on Sundays. CFD Crypto trading on MT4 accounts has also trading breaks during the following time intervals: 10:00-16:00 (EET) on Saturdays and 03:00-04:00, 22:00-22:10 (EET) on Sundays.

How to open an account

Choose your account and start trading

Still not sure which account is right for you? Explore our range of accounts and discover which account fits you best.

FREQUENTLY ASKED QUESTIONS

You can trade forex on all of our account types but many of our traders prefer to do so on our Advantage account, thanks to the fact that it offers the best value - with typically zero spreads on popular FX pairs.

You can trade forex on all of our account types. They all come with slightly different conditions, so do make sure you have a good look through the details to settle on the account that best suits your own goals.

You can by exchanging currencies at a bank or local currency exchange (at the airport for example). The downside of this is you won't have access to leverage or risk management tools like Stop Loss and Take Profit. Trading forex with an online broker like FXTM also offers other benefits including customer support, rapid execution and educational resources to help you on your way.

We’ll charge a flat $3 transaction fee for any deposit or withdrawal less than $30 or equivalent.

Why trade with FXTM?

Typically zero spreads on major FX Pairs

Unbeatable trading costs

Pay less to trade more. Our pricing means you keep more of your profits.

Leverage

Lightning-fast execution

Market execution meaning you get the best market price available, immediately.

Ultimate transparency

Globally trusted

Regulated and licensed around the world. Trusted by millions of traders in 150 countries.

Secure & Safe

Safe & protected

Your funds are fully segregated from our own assets, meaning you can trade with peace of mind.

Join us

Start trading with FXTM

No one makes it easier, open an account or try our demo account to get started while you build your skills.

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