Trading Account Types
The Use Of Leverage & Margin
One of the main appealing factors about forex trading is the use of Leverage & Margin. It allows you to use a small amount of capital to
open and maintain a much larger position. For example, if you want to open a trade of $100,000 worth of EURUSD, you don’t have to
have that $100,000 dollars in your account.
MICRO ACCOUNT | |
Base Currency Options | USD |
Contract Size | 1 Lot = 100,000 |
Leverage | Up to 1:200 |
Islamic Account | No |
Spread on all majors | 0.3 |
Commission | 0 |
Hedging allowed | Yes |
Minimum Deposit | $100 |
Margin call/Stop out | 60%/30% |
STANDARD ACCOUNT | |
Base Currency Options | USD |
Contract Size | 1 Lot = 100,000 |
Leverage | Up to 1:200 |
Islamic Account | No |
Spread on all majors | 0.2 |
Commission | 0 |
Hedging allowed | Yes |
Minimum Deposit | $100 |
Margin call/Stop out | 60%/30% |
ECN ACCOUNT | |
Base Currency Options | USD |
Contract Size | 1 Lot = 100,000 |
Leverage | Up to 1:200 |
Islamic Account | No |
Spread on all majors | 0.15 |
Commission | 0 |
Hedging allowed | Yes |
Minimum Deposit | $1000 |
Margin call/Stop out | 60%/30% |
CPT ACCOUNT | |
Base Currency Options | USD |
Contract Size | 1 Lot = 100,000 |
Leverage | Up to 1:200 |
Islamic Account | No |
Spread on all majors | 0.7 |
Commission | 0 |
Hedging allowed | Yes |
Minimum Deposit | $100 |
Margin call/Stop out | 60%/30% |
Industry-Leading Trading Platform Foraxi
Find the best trading account type for you
At Foraxi we have a variety of accounts, each with its own
character and its own objective. Different accounts are inevitably
suited to different types of investor, with each account offering a
different experience of the currency world. From experienced
traders to beginners, from small depositors to large, our selection
of account types offers different pathways to traders looking to
fulfil their financial aspirations.