About the Basic Account of Cryptocurrencies, Energies, Forex, Precious Metals, Stock Indices, Stocks (Shares) (MetaTrader 4/No Dealing Desk (NDD)) offered by PatronFX.
Type and Conditions
Note that PatronFX accepts clients from only United Kingdom, Germany, Poland, Czech Republic, Italy, Netherlands, Switzerland, and Austria.
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General Trading Conditions
By opening an Basic Account with PatronFX, you can trade Cryptocurrencies, Energies, Forex, Precious Metals, Stock Indices, Stocks (Shares) through MetaTrader 4 trading platform.
Mainly PatronFX Basic account offers No Dealing Desk (NDD) execution model, the maximum leverage is 1:400, spread is Floating from 3.2 pips.
Available Base Currencies
You can choose from EUR (Euro) as your account base currency.
Negative Balance Protection
PatronFX adopts NBP(Negative Balance Protection), this means that you will not lose more than you deposit in your Forex & CFDs investment.
Margin call & Stop out
In the Basic Account, Margin call is 50% and Stop out is set to 20%, so all your positions will be automatically closed when the margin level reaches down to 20%.
Allow Trading Strategies
PatronFX allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging, News Time Trading trading in a platform of Basic Account.
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PatronFX Trading Accounts Comparison
Here are the details of all Forex trading accounts of PatronFX.