ForexCent is glad to offer you two types of multicurrency trading accounts designed to meet all demands of our clients:
Micro trading accounts is the best choice for the starters and for testing new strategies by experienced traders. Minimum deposit is 1USD, 1EUR or 1RUR depending on account's currency. Main advantages of these accounts are minimum lot size and calculation in cents (eurocents, kopeks depending on account currency). For example, you want to buy 0.01 euro lot at the price 1.3750 dollars for a euro (0.01 of lot is 10 euro). If leverage is 1:100 than the margin will be 13.75 cents. If leverage is 1:500 than the margin will be no more than 2 cents.
| Micro | |
|---|---|
| Account currency | USD cents, EUR cents, RUR kopeks |
| Deposit in | USD, EUR, RUR |
| Minimal deposit | $1 |
| Maximal deposit | $500 |
| Contract size (1.0 lots) | 1,000 |
| Minimal lot | 0.01 |
| Maximal lot | 10 |
| Maximum orders | 50 |
| Maximum opened lots* | 50.0 lots |
| Levarage | 1 : 1 - 1 : 500 |
| Lock margin** | 50% |
| MarginCall Level *** | 30% |
| StopOut Level *** | 15% |
| Percentage rate **** | 0% |
* - Sum of maximum allowed opened orders in lots, including lock orders
** - lock margin is a percentage of total margin necessary for keeping opposite positions in one pair.
*** - MarginCall and StopOut levels might be different for Bonus accounts.
**** - annual percentage rate calculated monthly for funds not used in trading.
Real trading accounts are intended for traders having an accomplished strategy and constantly working at Forex market. Minimum deposit is 10USD, 10EUR or 10RUR depending on chosen account currency. With Real trading accounts a trader can constantly earn money at Forex market. Money is calculated in dollars, euro or rubles depending on account's currency. Minimum contract size is 0.01 lot (contract size is 1000 units). For example, you want to buy 0.01 euro lot at the price 1.3750 dollars for a euro (0.01 of lot is 1000 euro). For such lot size 1 point will be equal to 10 cents. If leverage is 1:100 than the margin will be 13.75 dollars.
| Real | |
|---|---|
| Account currency | USD, EUR, RUR |
| Deposit in | USD, EUR, RUR |
| Minimal deposit | $10 |
| Maximal deposit | unlimited |
| Contract size (1.0 lots) | 100,000 |
| Minimal lot | 0.01 |
| Maximal lot | 50 |
| Maximum orders | 50 |
| Levarage | 1 : 1 - 1 : 200 |
| Lock margin* | 50% |
| MarginCall Level ** | 60% |
| StopOut Level ** | 30% |
| Percentage rate *** | 6% |
* - lock margin is a percentage of total margin necessary for keeping opposite positions in one pair.
** - MarginCall and StopOut levels might be different for Bonus accounts.
*** - annual percentage rate calculated monthly for funds not used in trading.