Trading Terms

Classic NDD ECN BitCoin
Live account A trading account where a client executes trading operations with own invested funds and gets real profit. Open account Open account Open account Open account
Account currency Currency of storing funds on clients' accounts and executing trading and financial transactions. If you deposit your account in other currencies, the funds will be automatically converted into USD at the current exchange rate of the applied payment system. USD USD USD USD
Margin per order The minimum amount that must be on an account in order to open the transaction of 0.01 lot with maximum leverage. from $0.5 from $2 from $2 from $10
Swap-Free accounts Accounts on which we do not charge fee for the transfer of open orders through the night. Available for clients of Islamic faith due to Shariah requirements. No hidden commission Unlike many other companies, our swap-free accounts have no additional or hidden commissions. No hidden commission Unlike many other companies, our swap-free accounts have no additional or hidden commissions. No hidden commission Unlike many other companies, our swap-free accounts have no additional or hidden commissions. No hidden commission Unlike many other companies, our swap-free accounts have no additional or hidden commissions.
Financial instruments Instruments available for speculative trading in the MT4 trading platform. Include currency pairs and pairs with metals. 28 currency pairs,
2 metals
89 currency pairs,
3 metals
89 currency pairs,
3 metals
9 currency pairs
Spread The difference between the sell price (ask) and the purchase price (bid) of the currency pair at a fixed moment of time. Spread is calculated in points (pips). Floating from 2 pips Floating from 0.8 pips Floating from 0 pips Floating from 0 pips
Leverage A special interest-free form of credit. Leverage increases the amount of the trader's deposit many times, so he can trade on Forex with small investments. At the same time trader's profits or losses increase in proportion to the leverage size. For example, with a 1:100 leverage, one can conduct a trade of 100,000 USD volume, having only 1,000 USD of own funds. 1:1 – 1:2000 For accounts with balance + credit:
less than $500 – up to 1:2000
$500 – $999.99 – up to 1:1000
$1,000 – $4,999.99 – up to 1:500
$5,000 – $9,999.99 – up to 1:200
$10,000 – infinity – up to 1:100
The leverage for XAU/USD, XAU/EUR and XAG/USD is always 1:100, despite the leverage you choose. The leverage for the currency pairs which contain RUB and CNH is always 10 times smaller compared to the chosen leverage.
1:1 – 1:500 For accounts with balance + credit:
less than $5,000 – up to 1:500
$5,000 – $9,999.99 – up to 1:200
$10,000 – infinity – up to 1:100
The leverage for XAU/USD, XAU/EUR and XAG/USD is always 1:100, despite the leverage you choose. The leverage for the currency pairs which contain RUB and CNH is always 10 times smaller compared to the chosen leverage.
1:1 – 1:500 For accounts with balance:
less than $5,000 – up to 1:500
$5,000 – $9,999.99 – up to 1:200
$10,000 – infinity – up to 1:100
The leverage for XAU/USD, XAU/EUR and XAG/USD is always 1:100, despite the leverage you choose. The leverage for the currency pairs which contain RUB and CNH is always 10 times smaller compared to the chosen leverage.
1:1 – 1:5
Commission The fee which we charge for orders processing. $2.5 for 1 lot The commission is indicated for one side of the order (open/close).
When opening an order,the commission is taken at a double rate – 5 units of base currency per lot. For such currency pairs as DKK/NOK, DKK/SEK, HKD/JPY, NOK/JPY, NOK/SEK, SEK/JPY, SGD/JPY, TRY/JPY, ZAR/JPY the commission is always 5 USD per lot for the whole round (both sides of the order).
0.15% The commission is calculated from the general volume of the order. It is indicated for one side of the order (open/close). When opening an order, the commission is taken at a double rate – 0.3% from the general volume of the order.
Deposit bonus Margin bonus which we credit to accounts of our clients when they deposit at least 100 USD.
Pricing format Recording format of currency quotes. Depending on the account type can be 4th decimal or more accurate 5th decimal. For example, EUR/USD = 1.1135, or 1.11356. 4th decimal pricing 2d decimal pricing for financial instruments that include JPY, XAU, and 3d decimal pricing for financial instruments that include XAG. 5th decimal pricing 3d decimal pricing for financial instruments that include JPY, XAG and 2d decimal pricing for financial instruments that include XAU. 5th decimal pricing 3d decimal pricing for financial instruments that include JPY, XAG and 2d decimal pricing for financial instruments that include XAU. 5th decimal pricing
Execution method Method of processing of the clients' buy and sell orders. Can be either Instant, where the order is executed at the price indicated, or Market, where the order is executed in any case, even if the price changed while order's processing. Market Execution Market Execution: a method of execution, where the order is to be executed in any case (without requotes). If the price changes during the order processing, the order is executed at the new, changed price. The price slippage may either be positive or negative. Market Execution Market Execution: a method of execution, where the order is to be executed in any case (without requotes). If the price changes during the order processing, the order is executed at the new, changed price. The price slippage may either be positive or negative. Market Execution Market Execution: a method of execution, where the order is to be executed in any case (without requotes). If the price changes during the order processing, the order is executed at the new, changed price. The price slippage may either be positive or negative. Market Execution Market Execution: a method of execution, where the order is to be executed in any case (without requotes). If the price changes during the order processing, the order is executed at the new, changed price. The price slippage may either be positive or negative.
Min order size The minimum allowable volume of order opening. 0.01 The minimum order size is 1,000 units of base currency, where 1 pip is worth 0.1 units of quoted currency. 0.01 The minimum order size is 1,000 units of base currency, where 1 pip is worth 0.1 units of quoted currency. 0.01 The minimum order size is 1,000 units of base currency, where 1 pip is worth 0.1 units of quoted currency. 0.1 The minimum order size is 0.1 units of base currency.
Max order size The maximum allowable volume of order opening. 20 100 100 100
Margin call A notification that shows that little amount of funds is left on the trading account to maintain margin requirements for open orders. A trader can deposit his account or close losing orders. If the trader fails to do that, and the price continues to move in an unfavorable direction, stop out will occur. Margin Call is sent at the moment when the remaining funds on the trading account is the certain percent from the margin (for example, 40%). 40% 100% 100% 30%
Stop out The process of automatic closing of losing orders. The system will forcefully close transactions when the remains on the trading account are the certain percent from the margin (for example, 20%). 20% 50% 50% 15%
Scalping A trading strategy, where a trader executes a big amount of orders during a short period (even a couple of seconds) and fixes profit in several pips.
News trading Trading strategy, where a trader opens orders in moments of the most important economic news releases and gets a substantial profit on the price gaps.
Hedging Trading strategy, where a trader opens simultaneous opposite orders for the same currency pair in order to minimize trading risks. In this case margin is locked only for one order.
Autotrading The method of trading when special programs (expert advisors, robots) execute orders according to a particular system, on a trader's behalf, but without his participation.
One click trading A built-in function of the MT4 trading platform which simplifies and fastens the work with market, pending and defence orders. This function helps traders to execute transactions in one click.
Market depth Plugin of MetaTrader 4 trading platform which displays depth of the market. This tool shows up to 6 best pending orders on the market with Ask and Bid prices and corresponding volumes at a certain time and total available volumes of the financial instrument.
Practice account A training account, where a client trades with real quotes and under real trading conditions, but with virtual money. Open account Open account Open account Open account
Live account A trading account where a client executes trading operations with own invested funds and gets real profit. Open account Open account Open account Open account