Margin maintenance rate change announced with FxGiants
The online brokerage firm FxGiants recently made changes to the margin maintenance rate, this change will allow every trader to be able to invest their funds in the various available markets more freely than they previously could.
The changes made by FxGiants on the margin maintenance rate are effective from November 15, 2021, and the loss cut rate on the various account types will be adjusted as follows.
|Account type||Previous rate||Current rate|
|Cost-free STP / ECN account||80%||50%|
|STP / ECN Zero Spread Account||80%||50%|
|TP / ECN Absolute Zero||80%||50%|
|Live zero spread account||80%||50%|
|Account Live Floating Spread||20%||20%|
|Account Live Fixed Spread||20%||20%|
Account types offered by FxGiants
The various types of accounts offered by FxGiants have been created in order to meet the needs of any trader, whether it is an expert or a novice.
Each type of account has certain characteristics which can result from the type of deposit, the maximum leverage, the commissions and much more.
FxGiants clients will be able to choose the account compatible with their trading strategies, minimum/maximum deposit, variable/fixed spread, etc., and once registered, deposit the funds intended for trading through a wide range of deposit methods.
By consulting the list below you will be able to know in detail all the types of accounts offered by FxGiants and decide which of these is most suitable for your trading style.
- Live Floating Spread
An account that has a variable spread starting from 1.0 pips and zero commissions, maximum leverage of 1: 1000, trade from 0.01 Lots, the possibility of being able to register for competitions or bonuses (not withdrawable but intended only for use in trading).
- Live Fixed Spread
Account with fixed spread of 1.2 pips without any commission to be incurred, max leverage of 1: 1000, trade from 0.01 Lots and participation in bonuses and competitions available.
- Live Zero Fixed Spread
With fixed spread starting from 0.0 pips, commission of $ 9 per lot, max leverage 1: 500 and trade from 0.01 Lots.
- STP / ECN No Commissions
Featuring a variable spread from 1.7pips with zero commissions, leverage up to 1: 200 and trade 0.01 lots.
- STP / ECN Zero Spread
Account type with variable spreads starting from 0.0 pips and commission of $ 3.75 per lot, max leverage up to 1: 200 and trade of 0.01 lots.
- STP / ECN Absolute Zero
With variable spreads starting from 0.2 pips without having to pay any commission (treatment reserved for direct customers), maximum leverage of 1: 200 and a trade of 0.01 Lots.