About the Micro account of Forex, Precious Metals, Stock Indices (MetaTrader 4/No Dealing Desk (NDD)) offered by OctaFX.
Type and Conditions
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General Trading Conditions
By opening an Micro account with OctaFX, you can trade Forex, Precious Metals, Stock Indices through MetaTrader 4 trading platform.
Mainly OctaFX Micro account offers No Dealing Desk (NDD) execution model, the maximum leverage is 1:500, spread is Fixed or Floating from 0.2 pips.
Available Base Currencies
The account bsse currency is only available in EUR (Euro), USD (US Dollar).
Negative Balance Protection
OctaFX 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 Micro account, Margin call is 25% and Stop out is set to 15%, so all your positions will be automatically closed when the margin level reaches down to 15%.
Allow Trading Strategies
OctaFX allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging, News Time Trading trading in a platform of Micro account.
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OctaFX Trading Accounts Comparison
Here are the details of all Forex trading accounts of OctaFX.