Designed for the experienced retail trader, the Currenex account offers a raw spread received. This makes it especially positive for the scalping strategies. 0.01 is the minimum trade size, while the increments remain 0.01. Meta Trader 4 is the platform used for trading. Other platforms available include Web Trader and Mobile Trading. The spreads begin at 0.4 pips. The Currenex account offers several trading instruments, including Commodities, Share CFDs, Indices and Forex. The minimum amount needed for opening an account is $500. This type of account can be traded in either the US dollar or the Euro. 60 standard lots is the total maximum trade lot allowed with this type of account. The Currenex account allows for a 50% margin and a 20% stop out level. Each account comes with a personal account manager, and commission is $5 per $100,000 of trading. Traders can have as many as 350 open orders at one time.
via Forextra - Forex Trading Explained: Tips, Strategies + More For FX Currency Trading http://ift.tt/1R2RY6D
via Forextra - Forex Trading Explained: Tips, Strategies + More For FX Currency Trading http://ift.tt/1R2RY6D
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