Note: Due to regulations, accounts for Canadian and US citizens (regardless of residency), and Canadian residents (regardless of citizenship) may not be opened.
| Market Hours: |
Swap Schedule: |
Trading Platform: |
| Sun 17:00 EST to Fri 16:00 EST |
Positions rolled over at 17:00 EST. |
MetaTrader 4 |
| Execution Policy: |
Spread Policy: |
Margin Call: |
| All orders will be honored under normal market conditions. |
Fixed Spreads. Only during the major news announcements and/or extremely volatile market conditions may spreads be expanded. |
Margin Calls protect you from losing more money than you have in your account. Click here to read about the margin call procedures. |
| No Processing Fees: |
There are no payment processing fees by FX|Clearing.
All PayPal and Moneybookers deposits are subject to a 3% transaction fee by PayPal and Moneybookers.
|
| Deposit Currencies: |
Deposits are available in many currencies.
You profit/loss will be calculated in the currency of deposit, and will be able to withdraw it in the same currency, with no conversion fees.
You may only withdraw in the same currency as your account was originally set up to use.
NOTE: Micro-Cents accounts may only accept deposit in USD and EUR.
|
| No Third-Party Transactions: |
| No exceptions!. All funds must come from or go to accounts belonging to the trading account holder(s). This is the LAW. |
| Positions Left Open Over the Weekend: |
Upon market open after the weekend, and during major Geo Political and Economic News releases, markets may become extremely volatile. It is not uncommon to see prices gap and move in increments of 20, 30, or even more than 50 pips at a time.
Because of potential price gaps FX|Clearing cannot guarantee fills during news releases and within 1-3 hours after the weekend opening.
Any orders may be filled at the next available price and will not always be filled at the requested price or stop.
|
What is the Micro-Cents Account? It is a special type of account where all calculations on this account are performed in US Cents, not Dollars.
| Spread: |
Leverage: |
Bonuses: |
2 pips spread on EUR/USD and USD/JPY;
3 pips spread on GBP/USD and USD/CHF;
For full spread list, click here.
|
Choose from 100:1, 200:1, 400:1, or 500:1.
For accounts whose equity rises above $5,000, leverage will be automatically capped at 200:1.
|
Instant 5% bonus for initial deposit (up to $150).
Bonus is withdrawable after trading 50 10k mini lots or 5 standard 100k lots.
|
| Minimum Deposit: |
Swap Interest: |
Scalping Policy: |
| Starting from $1.00. |
Swap-free. No interest paid or earned. |
Scalping is allowed under most circumstances. Other strategies, including Martingale, are also allowed under most circumstances. |
| Maximum Deposit: |
Contract Sizes: |
Expert Advisor Policy: |
| $5,000 - but you can continue to grow your account beyond this through profitable trades. |
0.01 (micro), 0.1 (mini) |
ALL EAs are allowed*. |
| Maximum Position Size: |
| No Maximum. |
| Spread: |
Leverage: |
Bonuses: |
1 pip spread on EUR/USD, USD/JPY, GBP/USD, and USD/CHF;
For full spread list, click here.
|
Choose from 100:1, 200:1, 400:1, or 500:1.
For accounts whose equity rises above $5,000, leverage will be automatically capped at 200:1.
|
Instant 3% bonus for initial deposit (up to $150).
Bonus is withdrawable after trading 50 10k mini lots or 5 standard 100k lots.
|
| Minimum Deposit: |
Swap Interest: |
Scalping Policy: |
| Starting from $1.00. |
Swap-free. No interest paid or earned. |
Scalping is not allowed in any form.
Grid/Martingale-type strategies are not allowed either. |
| Maximum Deposit: |
Contract Sizes: |
Expert Advisor Policy: |
| $5,000 - but you can continue to grow your account beyond this through profitable trades. |
0.01 (micro), 0.1 (mini) |
Grid/Martingale-type EAs are not allowed. Most other EA types are allowed*. |
| Maximum Position Size: |
| 20 mini 10k lots (200 micro lots) |
| Spread: |
Leverage: |
Bonuses: |
2 pips spread on EUR/USD and USD/JPY;
3 pips spread on GBP/USD and USD/CHF;
For full spread list, click here.
|
Fixed 50:1 leverage. |
N/A
|
| Minimum Deposit: |
Swap Interest: |
Scalping Policy: |
| Starting from $5,001.00. |
Positions EARN or PAY interest, depending on instrument. |
Scalping is not allowed in any form.
Grid/Martingale-type strategies are not allowed either. |
| Maximum Deposit: |
Contract Sizes: |
Expert Advisor Policy: |
| $50,000 - but you can continue to grow your account beyond this through profitable trades. |
0.1 (mini), 1.00 (standard) |
Grid/Martingale-type EAs are not allowed. Most other EA types are allowed*. |
| Maximum Position Size: |
| 2 standard 100k lots (20 mini lots). |
| Instrument |
Mini |
Micro |
Pro |
| USD/CHF# |
1 |
N/A |
N/A |
| USD/JPY# |
1 |
N/A |
N/A |
| GBP/USD# |
1 |
N/A |
N/A |
| EUR/USD# |
1 |
N/A |
N/A |
| EUR/USD |
2 |
2 |
2 |
| USD/CHF |
2 |
3 |
3 |
| USD/JPY |
2 |
2 |
2 |
| GBP/USD |
2 |
3 |
3 |
| AUD/USD |
3 |
3 |
4 |
| EUR/CHF |
3 |
3 |
3 |
| USD/CAD |
3 |
3 |
3 |
| CHF/JPY |
4 |
4 |
4 |
| NZD/USD |
4 |
4 |
4 |
| EUR/JPY |
4 |
4 |
4 |
| EUR/GBP |
5 |
5 |
5 |
| CAD/JPY |
5 |
5 |
5 |
|
| Instrument |
Mini |
Micro |
Pro |
| CAD/CHF |
7 |
7 |
7 |
| AUD/CAD |
7 |
7 |
7 |
| GBP/CHF |
7 |
7 |
7 |
| NZD/CAD |
9 |
9 |
9 |
| GBP/JPY |
9 |
9 |
9 |
| AUD/JPY |
9 |
9 |
9 |
| EUR/AUD |
9 |
9 |
9 |
| AUD/CHF |
9 |
9 |
9 |
| NZD/CHF |
9 |
9 |
9 |
| EUR/CAD |
9 |
9 |
9 |
| NZD/JPY |
10 |
10 |
10 |
| GBP/CAD |
11 |
11 |
11 |
| GBP/AUD |
11 |
11 |
11 |
| EUR/NZD |
12 |
12 |
12 |
| AUD/NZD |
12 |
12 |
12 |
| GBP/NZD |
30 |
30 |
30 |
|
Micro-Cents and Mini Accounts are SWAP-FREE: Only Professional Accounts use rollover interest.
Currency trading is dealt on a "Spot" basis only. This means that all trades settle two business days from inception, as per market convention.
FX|Clearing does not arrange physical delivery of currencies hence, all positions left open from 4:59 PM EST to 5:00 PM EST (New York time) will be rolled over to a new "value date". As a result, positions are subject to a swap charge or credit as specified in the table below.
| Instrument |
Long (pips) |
Short (pips) |
| USD/CHF# |
N/A |
N/A |
| USD/JPY# |
N/A |
N/A |
| GBP/USD# |
N/A |
N/A |
| EUR/USD# |
N/A |
N/A |
| EUR/USD |
0.20 |
-0.49 |
| USD/CHF |
0.22 |
-0.75 |
| USD/JPY |
0.41 |
-0.83 |
| GBP/USD |
0.65 |
-1.39 |
| AUD/USD |
0.39 |
-0.92 |
| EUR/CHF |
0.28 |
-0.79 |
| USD/CAD |
-0.11 |
0.03 |
| CHF/JPY |
0.29 |
-0.79 |
| NZD/USD |
0.39 |
-0.79 |
| EUR/JPY |
0.73 |
-1.51 |
| EUR/GBP |
-0.24 |
0.09 |
| CAD/JPY |
0.44 |
-0.99 |
|
| Instrument |
Long (pips) |
Short (pips) |
| CAD/CHF |
0.13 |
-0.54 |
| AUD/CAD |
0.32 |
-0.83 |
| GBP/CHF |
0.90 |
-1.73 |
| NZD/CAD |
0.49 |
-1.28 |
| GBP/JPY |
1.54 |
-2.33 |
| AUD/JPY |
0.76 |
-1.55 |
| EUR/AUD |
-0.65 |
0.31 |
| AUD/CHF |
0.52 |
-1.16 |
| NZD/CHF |
0.64 |
-1.47 |
| EUR/CAD |
0.10 |
-0.25 |
| NZD/JPY |
0.84 |
-1.79 |
| GBP/CAD |
0.58 |
-1.35 |
| GBP/AUD |
-0.44 |
0.12 |
| EUR/NZD |
-1.13 |
0.47 |
| AUD/NZD |
-0.23 |
0.11 |
| GBP/NZD |
-1.08 |
0.35 |
|
Note#1: When you roll an open position from Wednesday to Thursday, then Monday next week becomes the value date, not Saturday; therefore the rollover charge on a Wednesday evening will be three times the value indicated above.
Note#2: For our Muslim clients, sharia accounts are possible. Contact us for more details.
- Margin Call Level: Warning at 100%
- Stop Out Level: Positions closed at 70%
Margin call level in per cents is calculated as follows: MC = Equity / Margin * 100%
Margin call level in money is equal to equity: MC = Equity
If the current level is below Margin Call level, the account will receive an alert. If the level reaches a point lower than Stop Out level, the most unprofitable position will be closed on accounts quoted automatically, as for those quoted by a dealer, a request will be sent to the latter one for closing the most unprofitable position (but dealer can close any other position of the client at the dealer's discretion).
Virtual credit to be used by traders provided they do not have enough cash resources is indicated in the "Virtual Credit" field. If a trader wants to withdraw his/her money, this request will not apply to this credit given to client. And Margin Call levels will also be calculated on the money put on the account but without considering the credit sum.
*FX|Clearing may disable specific EAs we consider to be violating company risk management parameters. This is done at our sole discretion, without any prior notice.
