"Micro" account is designed for training of beginner traders to trade without assistance and usually is used as intermediate when transferring from demo account to "Standard" account. It's possible to trade most popular currency pairs with fixed spread and high leverage on accounts of this group. This account uses the MT4 platform.
*an hour before market closing margin call/stop out levels can be increased up to 200%. Please be careful with positions left over the weekend Contract Specification. Trading Time 24 hours a day, beginning at 00:00 on Monday and ending at 22:00 on Friday (trading server time. Lot - volume unit of the instrument which is used to conduct transaction, it is equal to 100 000 base currency units. Level of limit and stop orders means minimal interval between current price and pending order level (in points). Inside the interval Take-Profit, Stop-Loss and pending orders can't be placed. When placing orders within the range, server will give an error message and won't accept the order. Limit and stop orders level is equal to typical spread. Freezing level - inhibit to modify orders which are close to the market. Editing, deleting and closing of positions, which are about to be executed, are forbidden. Freezing level is equal to 1/2 typical spread. Position overnight transfer is carried out as market swaps (swap size is reflected in points). Swaps can be positive and negative and are calculated as difference between interest rates. Swap is charged daily at 00:00 according to the server’s time. From Wednesday to Thursday swap is charged 3 times larger. Swap rate is a product of point price, number of lots and number of days. Margin call – warning level, appears when ratio of funds to pledge becomes lower than allowed value. In this case dealer has a right (but not obliged) to close one or several client’s positions according to market conditions. Stop out – liquidation level, appears when ratio of funds to pledge becomes lower than allowed value. In this case dealer is obliged to close one or several client’s positions in order to avoid negative balance on the account.
Trading tool
Swap Long
SpreadSwap Short
Typical Spread
Size of 0.01
EURUSD
-0.1
-0.13
1.2
1000 EUR
USDJPY
-0.06
-0.11
1.1
1000 USD
GBPUSD
-0.01
-0.26
1.3
1000 GBP
USDCHF
-0.06
-0.13
1.2
1000 USD
USDCAD
1.02
-1.18
2.2
1000 USD
NZDUSD
0.4
-0.52
2.8
1000 NZD
EURGBP
-0.14
-0.02
2.4
1000 EUR
EURJPY
-0.06
-0.16
2
1000 EUR
GBPJPY
0.03
-0.28
3
1000 GBP
CHFJPY
-0.08
-0.07
3
1000 CHF
EURCAD
-0.11
-0.13
3.1
1000 EUR
AUDCAD
1.03
-1.19
3.2
1000 AUD
AUDJPY
0.98
-1.13
3.1
1000 AUD
NZDJPY
0.39
-0.51
2.7
1000 NZD
GBPCAD
-0.02
-0.25
5
1000 GBP
AUDNZD
0.59
-0.82
4
1000 AUD
CADCHF
-0.05
-0.14
2.7
1000 CAD
CADJPY
-0.05
-0.11
2.8
1000 CAD
USDDKK
-1.54
0.55
7
1000 USD
USDNOK
-3.03
1.98
8
1000 USD
USDSEK
-0.68
-0.6
8
1000 USD