About the Standard account of CFDs, Commodities, Forex, Indices, Precious Metals (MetaTrader 4/STP) offered by MyFX Markets.
Type and Conditions
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General Trading Conditions
By opening an Standard account with MyFX Markets, you can trade CFDs, Commodities, Forex, Indices, Precious Metals through MetaTrader 4 trading platform.
Mainly MyFX Markets Standard account offers STP execution model, the maximum leverage is 1:400, spread is Variable from 0.6 pips.
Available Base Currencies
The account bsse currency is only available in AUD, CHF, EUR, GBP, JPY, NZD, SGD, USD.
Negative Balance Protection
MyFX Markets 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 Standard account, Margin call is 90% and Stop out is set to 90%, so all your positions will be automatically closed when the margin level reaches down to 90%.
Allow Trading Strategies
MyFX Markets allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging, News Time Trading trading in a platform of Standard account.
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