Spread and Margins

• Spreads - Variable best bid Offer.
• Pricing format - 5th decimal pricing
• Commission - you have an option, either  raw feeds + commission, or All In
• Trading platforms: SmartTradeFX MT4 or SmartTrader
• Leverage: 200:1
• Number of pairs for trading: 30
• Minimum contract size: 1,000
• Minimum deposit: 100$.
• Margin Call: at 100% of Margin requirements
• Scalping: Allowed no restrictions
• Hedging: Allowed
• News Trading: Allowed
• Demo account: Allowed

SmartTradeFX - Spreads: with the Straight Through Processing (STP) function through an ECN, is directly connected to the inter-bank market ; as long as transactions are made and according to market liquidity, the spreads are variable - not fixed and are provided from the world’s largest banks.

Due to STP through an ECN, we do not intervene in client’s trading
– as a result you will not experience any re-quotes

SmartTradeFX - Margins: In order to protect our clients liquidity from risk exposure, margin requirements are placed accordingly. We offer up to 200:1 leverage

SmartTradeFX - Commissions: Our income is derived, as with any company dealing with an ECN system, purely from transaction commissions which are always displayed on every open transaction.(On the MT4, the default is commission in the spread, however you can request a raw spread + commission module)

The above is just a sample of the currency pairs that we support. ECN supports more then 28 pairs.

Margin Calls

For every position a client has opened, a collateral deposit known as margin is required to be put aside in the client's account.

For example: An account with $2,000 that opens a standard lot position of USD/CAD will have to put $500 aside as the margin* and will have $1,500 in remaining usable margin. If the direction of the market moves opposite to the client's position, and their usable margin reaches $0 from $1,500, then the position with the biggest open dollar loss will be closed closed.

*based on a 200:1 leverage