About the ECN Account of CFDs, Commodities, Forex, Precious Metals, Stock Indices (MetaTrader 4, MetaTrader 5/Electronic Communication Network (ECN)) offered by FXOpen.
Type and Conditions
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General Trading Conditions
By opening an ECN Account with FXOpen, you can trade CFDs, Commodities, Forex, Precious Metals, Stock Indices through MetaTrader 4, MetaTrader 5 trading platform.
Mainly FXOpen ECN account offers Electronic Communication Network (ECN) execution model, the maximum leverage is 1:500, spread is Variable from 0.1 pips.
Available Base Currencies
The account bsse currency is only available in AUD (Australian Dollar), CHF (Swiss Franc), EUR (Euro), GBP (British Pound), Gold, JPY (Japanese Yen), mBTC (millibitcoin), RUB (Russian Ruble), SGD (Singapore Dollar), USD (US Dollar).
Negative Balance Protection
FXOpen 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 ECN 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
FXOpen allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging, News Time Trading trading in a platform of ECN Account.
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FXOpen Trading Accounts Comparison
Here are the details of all Forex trading accounts of FXOpen.
| Types | STP | Micro | ECN | Crypto trading |
|---|---|---|---|---|
| Rating | ||||
| Platforms | ||||
| Business Model (Execution) | ||||
| Min Deposit | $10 | $1 | $100 | $10 |
| Max Leverage | 500:1 | 500:1 | 500:1 | 3:1 |
| Details/Link | Learn More | Learn More | Learn More | Learn More |
