Micro

Micro account is apt for those who have just started forex trading. It has been designed in a way that it gives all basic and proper support to the user. Trade most popular currency pairs with fixed spread and high leverage on accounts of this group.

Salient Features:

  • 21 currency pairs
  • Fixed spread from 2 pips*
  • Leverage up to 1:500
  • Minimal lot 0.01
  • Maximum lot 10 with step 0.01
  • Maximum number of open positions and pending orders 100
  • Automatic trading is allowed
  • Level of margin call /stop out 40%/20%**
  • There are restrictions to trade "stop" orders on news***

*Due to increased market volatility, from the 20th September 2010, on "Micro" accounts spread for some pairs can be raised during important economic and political News.

**an hour before market closing margin call/stop out levels can be increased up to 200%. Please be careful with positions that you leave for weekend.

***Since the MT server is not always correct counting the gap level when activating a "stop" and "stop-loss" order during strong market movements (for example, the release of economic news), trading strategies on this type of account are not supported. We recommend the use of Standard and MT-ECN accounts.

**** Trading will be paused at 23:00 for 1 minute (MT4 server for Standard and MT-ECN accounts, MT5 servers for MT5-Standard accounts) and for 3 minutes (MT4 servers for Micro and 1:1000 accounts).

Please Note - Orders accidentally caught in a price gap in the described conditions do not fall under this restriction.

Contract Specification

Trading tool Swap long Swap short Dealing spread Size of 0.01 lot  
EURUSD -0.4 0.05 2 1000 EUR  
USDJPY -0.1 -0.1 2 1000 USD  
GBPUSD 0.1 -0.45 3 1000 GBP  
USDCHF -0.1 -0.2 3 1000 USD  
EURCHF 0.05 -0.3 3 1000 EUR  
AUDUSD 0.6 -0.9 4 1000 AUD  
USDCAD -0.4 -0.1 4 1000 USD  
NZDUSD 0.4 -0.9 4 1000 NZD  
EURGBP -0.1 -0.05 4 1000 EUR  
EURJPY -0.1 -0.1 3 1000 EUR  
GBPJPY 0.05 -0.3 6 1000 GBP  
GBPCHF 0.05 -0.3 7 1000 GBP  
CHFJPY -0.1 -0.1 3 1000 CHF  
EURCAD -0.5 0.1 6 1000 EUR  
AUDCAD 0.3 -0.6 5 1000 AUD  
AUDJPY 0.6 -1 5 1000 AUD  
NZDJPY 0.4 -0.8 6 1000 NZD  
GBPCAD -0.4 -0.1 8 1000 GBP  
AUDNZD -0.2 -0.1 10 1000 AUD  
AUDCHF 0.5 -0.9 7 1000 AUD  
EURNZD -1.75 0.5 8 1000 EUR  

                                                                                                                                                                                                                                                                                                                               

Trading time: 24 hours a day, beginning at 00:00 on Monday and ending at 22:00 on Friday (trading server time)