About the Classic account of Bitcoin, Bitcoin Cash, Bitcoin Gold, Dash, Energies, Ethereum, Forex, Indices, Litecoin, NEO, Precious Metals, Ripple, Stocks/Shares, Zcash (MetaTrader 4, MetaTrader 5/NDD) offered by LiteForex.
Type and Conditions
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General Trading Conditions
By opening an Classic account with LiteForex, you can trade Bitcoin, Bitcoin Cash, Bitcoin Gold, Dash, Energies, Ethereum, Forex, Indices, Litecoin, NEO, Precious Metals, Ripple, Stocks/Shares, Zcash through MetaTrader 4, MetaTrader 5 trading platform.
Mainly LiteForex Classic account offers NDD execution model, the maximum leverage is 1:500, spread is Floating from 1.8 pips.
Available Base Currencies
The account bsse currency is only available in CHF, EUR, MBT, RUB, USD.
Negative Balance Protection
LiteForex 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 Classic account, Margin call is 100% and Stop out is set to 50%, so all your positions will be automatically closed when the margin level reaches down to 50%.
Allow Trading Strategies
LiteForex allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging, News Time Trading trading in a platform of Classic account.
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