Micro Account
HotForex is committed to providing its clients with the best trading conditions it can. To this end we now offer 5 different accounts to suit the specific requirements of different traders.Whether you are looking to open a Demo or Live account, through the Micro, Premium, VIP, Islamic, or Currenex Account you will find the complete flexibility to trade at the level you want. Whatever your trading strategy, level of funding or appetite for risk, from micro to unlimited trade sizes, there is an account to match.
Micro Account details
Trading platform: | MetaTrader 4, Webtrader and Mobile Trading |
Spreads: | from 1 pip |
Trading instruments: | Forex, Indices, Commodities and Share CFD's |
Fifth decimal: | Yes |
Max leverage: | 1:1000 |
Execution: | Market Execution |
Minimum opening deposit: | USD $5 |
Minimum trade size: | 0.01 lot |
Trade size increment: | 0.01 |
Maximum total trade size: | 5 standard lots |
Maximum Simultaneous Open Orders: | 150 |
Margin Call / Stop out level: | 40% / 10% (*) |
Telephone trading: | Yes |
Account currency: | USD, EUR |
Commission: | No |
Raw bonus: | Flexible Bonus Offerings |
The Micro Account is available as Swap Free for clients following the Muslim Faith.
*If
the 50% bonus option is selected all positions are stopped out when
equity goes below the level of the bonus if the Bonus Volume requirement
has not been completed.*CFDs and forex are leveraged products that carry a high degree of risk to your capital and it is possible to lose more than your initial investment and account balance. You should only speculate with money that you can afford to lose. These investments may not be suitable for all investors; therefore, please ensure that you fully understand the risks involved and seek independent advice if necessary prior to entering into such transactions.
Please also read the HotForex FSC Disclaimer.
The buying and selling of shares you require a Share Trading account. Demat account will grab their stocks or shares and the information about your shares will change in your stock portfolio according to your trading. You cannot hold shares in physical build or store them physically
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