ECN Zero Account
Take full advantage of the superior features of our traditional ECN account -- without the commission charges
New FXTM Invest allows investors to connect with your strategy for a fee. Read more about FXTM Invest.
Account Specifications
| Trading Platforms | MT4 / MT5 |
| Account Currency | USD / EUR / GBP / NGN 1 |
| FXTM Invest | MT4: New MT5: |
| Leverage / Margin req. | Floating from 1:1000 - 1:25 11 |
| Maximum deposit | X |
| Minimum deposit | $/€/£ 200, ₦20 0001 |
| Commission | X |
| Order execution | Market Execution6 |
| Spread | From 1.53 |
| Margin Call | 80% |
| Stop Out | 50%2 |
| Swap-Free | MT4: V MT5: X |
| Limit & Stop Levels | X |
| Pricing | MT4: 5 decimals for FX (3 on JPY pairs), 2 decimals for Spot Metals MT5: 5 decimals for FX (3 on JPY pairs), 3 decimals for Spot Metals |
| Trading Instruments | MT4: Majors, Minors, Exotics4 — 48 Spot Metals — 3 Spot CFDs — 147,8,9 MT5: Majors, Minors, Exotics5 — 33 Spot Metals — 2 |
| 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 | 1008 |
| Maximum Number of Orders | Unlimited |
| Maximum Number of Pending Orders | 300 |
Notes:
1 NGN accounts are only available to clients in Nigeria.
5 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.
6 Please bear in mind that the Company may at its sole discretion 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 ECN MT4/MT5 accounts. Moreover, kindly note that the Company may extend these amendments for as long as it deems necessary after the market opening, by providing the Client with prior written notice.
8 Spread may increase depending on market conditions.
9 Exotic pairs are not available for swap-free accounts.
19 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.
20 Please note that for clients who reside in Nigeria, there is a minimum deposit requirement of $/€/£100 or ₦20,000 for Standard accounts, $/€/£200 or ₦20,000 for ECN Zero accounts and $/€/£500 or ₦20,000 for ECN accounts. For clients who reside in Tanzania and South Africa, there is a minimum deposit requirement of $/€/£100 for Standard accounts, $/€/£200 for ECN Zero accounts and $/€/£500 for ECN accounts.
