This type of account offers a full range of services and is designed for customers who carry out trading in large volumes. With VIP account you will benefit from wider financial possibilities and flexible commission schedule that directly depends on the amount of funds involved and traded volume in lots.
All trades in VIP accounts are executed via ECN (Electronic Communication Network) system that provides our customers with high liquidity.
Trading Conditions of VIP Account
|Swap [*]||Contract Specifications|
Starting from 0 pips for all pairs
|Commission [*]||From 4.40 USD per each 100,000 units of trading currency|
|Minimum Deposit||25 000 USD|
|Minimum Trade Size||0.1 lot (10,000 units of the base currency)|
|Minimum Step||0.01 lot (1,000 units of the base currency)|
|Maximum Trade Size||100 lots (10,000,000 units of the base currency),
if there is sufficient liquidity
|Open Orders Maximum||500|
|Pending Orders Maximum||500|
1:100 for accounts with the balance less than 50,000 USD;
1:50 for accounts from 50,000 USD up to 100,000 USD;
1:25 for accounts from 100,000 USD;
1:10 for accounts from 500,000 USD up to 1,000,000 USD
1:1 for accounts of more than 1,000,000 USD
The initial level of leverage will be reduced by half every Friday at 7pm (UTC), however, it may not be less than 1:1.
Leverage will be automatically restored to the initial level every Monday when market opens.
|Margin Call[*]||If margin level drops below 50%|
|Stop Out[*]||If margin level drops below 30%|
|Automated Trading Systems
VIP Accounts Commissions
*Spread is the difference between the best Bid and Ask prices of any financial instrument at the same moment.
*Swap rate is an interest paid or received for carrying over an order to the next business day according to the Time of the Trading Platform.
*Commission is a service charge for each executed trade. The commission is charged in USD for each 100,000 USD of trade size.
*Leverage means the proportion between the borrowed amount and the amount of the total trade size. Leverage size depends on the current account balance.
*Margin Call is a notification sent to the Customer via Trading Platform that the account does not have enough margin to cover all open orders.
*Stop Out means a Company’s instruction forcing to close all open orders without a Customer’s consent and prior notification, in case, if the level of equity is critically low to maintain an open order.