Forex and CFD trading with floating spreads on MetaTrader 4 Platform. This type of account was designed for traders who prefer trading in real market conditions to take steps to a professional ECN/STP trading but prefer do not pay commissions.
The Trader’s Way MT4.VAR. account is a unique account on the MetaTrader 4 trading platform that combines some of the best features of real-market ECN trading with tight floating spreads and no-commission standard account trading with a small initial deposit.
These accounts are perfect for learning to trade under real interbank market conditions with minimum risk. You can start with a small amount of money and trade without commission while enjoying the benefits of tiny spreads that change according to the prevailing market conditions. The spreads are very small when the market is quiet (though not as small as on ECN accounts) starting from only 0.7 pips.
The Trader’s Way MT4.VAR. account offers more trading opportunities while offering all the Standard Account advantages. You can deposit in several currencies and trade any size from 0.01 Standard lot (1,000 units of base currency) while enjoying a maximum leverage ratio of up to 1:1000 without any commission or extra charges. A Standard Account with variable spreads gives you a great opportunity to experience the same conditions as on the interbank market before you start ECN trading – the highest volatility possible, widening and contracting spreads, and a significant initial deposit.
You can start trading with an MT4.VAR. demo account to learn about all the peculiarities of trading without any risk. Moreover, you can trade any time and any place, via any mobile device using MT4 Mobile Applications.The advantages of the most popular MT4 platform – a user-friendly interface, charts, news, updates and much more – are at your service anywhere you go, whatever device you use and whenever you want to trade.
MT4.VAR. account trading conditions are the following:
| Low floating Spreads | from 0.7 pip | |
| Deposit Currency | USD, EUR, CAD, GBP | |
| Minimum Initial Deposit | 10 USD | |
| Minimum Volume of a transaction | 0.01 of a lot (1,000 units of base currency) | |
| Lot Size | 100,000 units of base currency | |
| Step | 0.01 of a lot | |
| Maximum Leverage ratio | for currencies | |
| balance lower than 5,000 | 1:1000 | |
| balance from 5,000 to 50,000 | 1:500 | |
| balance from 50,000 to 60,000 | 1:400 | |
| balance from 60,000 to 70,000 | 1:300 | |
| balance from 70,000 to 80,000 | 1:200 | |
| balance from 80,000 to 100,000 | 1:150 | |
| balance from 100,000 | 1:100 | |
| Maximum leverage for non-currency instruments is: for metals – 1/2 of your account leverage, energies – 1/8, cryptocurrencies – 1/50 | ||
| Commission | Cryptocurrencies and Indices Only* | |
| Groups of instruments |
Commission for a turnover of $100,000 |
|
|---|---|---|
| Indices |
$3.4 |
|
| Cryptocurrencies |
0.20% nominal volume |
|
| Execution type | Market | |
| Carrying positions overnight | SWAP | |
| NOSWAP (swap-free) accounts | Available ** | |
| Stop Out Level | 40 % | |
| Access to your account from mobile devices | Yes, free of charge | |
| Demo version | Yes *** | |
For detailed information about each trading instrument (inc. Spread, Swap, Min.Trade.Size, Contract Size and Step Size) follow the links below:
Important: Leverage is limited to a maximum of 1:200 just prior to high impact news releases for new positions. Leverage will also be limited to 1:200 during periods of extreme market volatility. Already-opened positions are not affected — only new Buy and Sell orders sent for execution just prior and during to news releases and these extremely volatile conditions.
This also includes Buy Limit, Buy Stop, Sell Limit and Sell Stop pending orders that are triggered during a news release. These pending orders will only result in the opening of a new position if margin requirements under the reduced leverage are met, otherwise they will be cancelled by the system due to a lack of sufficient margin for execution. Note that any deposit bonuses are excluded from this margin calculation. This is to protect clients and help prevent accounts from attaining negative balances and large losses during moments of high volatility.
__________
* Commission is charged when trading cryptocurrencies and indices.
** To switch an account to a NOSWAP mode, a letter that states your intentions must be submitted to the following email address: [email protected]. In addition, a copy of the letter must be uploaded and stored in your private office. A fee for each standard lot open during rollover is charged on a daily basis. Available for accounts in USD and EUR only.
*** Demo accounts expire in 30 days after the last login.
