FXCC Trading Conditions
Successful forex traders need a flexible trading environment. Our trading conditions bring transparent and open trading to all our account holders and offer a sophisticated suite of trading options. The tables below outlines the key features of our Standard and Advanced accounts.
Main
Feature |
FXCC
Standard |
FXCC
Advanced |
Brokers
Treasuries |
Description |
Hedging
Capability
|
Yes |
Yes |
Yes |
You can hedge your positions, but be aware that your account equity must meet the
margin requirements to be able to close one or more of the hedged positions. Fully Hedged
accounts are not immune to StopOut. If your account equity reaches Zero level or below for any
reason (Such as wide spread on news or swap deduction), your open positions will be closed
automatically
|
Minimum
Transaction
Level
|
0.05 Lot |
0.1 Lot |
0.01 Lot |
1,000 of the Base Currency
|
Dealing
Desk
|
No |
No |
No |
All trades are executed in the Inter-bank market using STP (Straight-Through-Processing)
|
Automated
Trading
|
Yes |
Yes |
Yes |
You may apply your own trading strategy using any Expert Advisor on MT4
|
Scalping
Allowed
|
Yes |
Yes |
Yes |
Scalpers are always welcome
|
Margin Call
Level
|
100% |
100% |
100% |
Once your account reaches Margin Level of 100%, you will be alerted
|
Stop Out
Level
|
25% |
25% |
25% |
Once your account reaches Margin Level of 25%, the system will start closing the most unprofitable
positions
|
Trading
Platforms
|
MetaTrader4 |
MetaTrader4 Currenex API |
API Bridge White Label |
FXCC Meta Trader 4
FXCC Currenex
FXCC Mobile Trading
FXCC Web Trading
|
Deposit
Currencies
|
USD, EUR &
GBP |
USD, EUR &
GBP |
USD, EUR &
GBP |
Currencies you may denominate your account in
|
Re-Quotes
|
No |
No |
No |
No
Dealing Desk means No Re-Quotes
|
Stop
Levels
|
0.1 Pip |
0.1 Pip |
0.1 Pip |
0.1 Pip away from the Market Rate, i.e. You could place Stop Loss order within the spread
|
High &
Low Rates
|
Bid Rate |
Bid Rate |
Bid Rate |
High & Low Rates on the Chart and Market Watch are always Bid Rates. Therefore, when you’re
holding a Sell position your Stop Loss may be executed at a higher Rate than the recorded High Rate
on MT4 Marketwatch or Chart. (Example)
|
Minimum
Deposit
|
1,000 USD |
Over 50,000 USD |
Over 200,000 USD |
Or
Equivalent amount in a different currency
|
Minimum
Withdrawal
|
50 USD |
50 USD |
50 USD |
For All Account Types
|
Leverage
|
1:1 - 1:500 |
1:1 - 1:200 |
1:1 - 1:200 |
By
default, new accounts are set to 1:100. May be changed upon request
|
Regular
Margin
Requirements
|
0.2% |
0.2% |
0.5% |
Of
the Base Currency
|
Commission
|
Spread Or Commission |
Spread Or Commission |
Commission Per Million |
Our Commissions depend on your account type. Please refer to our Commission tables for details.
|
FXCC Trading Hours
Our daily operation time for trading is from 17:05 to 16:55 New York Time (EST) from Sunday to Friday which is equivalent to 00:05 to 23:55 Server Time, Monday to Friday, except the 25th of December and the 1st of January. During the Day Light Saving Time our operation and server time is adjusted according to the New York time (EST).