FP Markets - Platinum Iress Account
About the Platinum Iress Account of Forex, Stocks (Shares) (IRESS Trading Platform/No Dealing Desk (NDD)) offered by FP Markets.
Type and Conditions
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General Trading Conditions
By opening an Platinum Iress Account with FP Markets, you can trade Forex, Stocks (Shares) through IRESS Trading Platform trading platform.
Mainly FP Markets Platinum Iress account offers No Dealing Desk (NDD) execution model, the maximum leverage is 1:200, spread is Floating from 0.0 pips.
Available Base Currencies
You can choose from AUD (Australian Dollar) as your account base currency.
Negative Balance Protection
FP 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 Platinum Iress 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
FP Markets allows Scalping, News Time Trading trading and does not allow EAs (Expert Adviser, Automated Trading), Hedging trading in a platform of Platinum Iress Account.
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FP Markets Trading Accounts Comparison
Here are the details of all Forex trading accounts of FP Markets.
Types | Standard Iress | Standard | Professional | Premier Iress | Platinum Iress | ECN Raw |
---|---|---|---|---|---|---|
Rating | ||||||
Platforms | ||||||
Business Model (Execution) | ||||||
Min Deposit | $1,000 | $100 | $1,000 | $50,000 | $25,000 | $100 |
Max Leverage | 200:1 | 500:1 | -:1 | 200:1 | 200:1 | 500:1 |
Details/Link | Learn More | Learn More | Learn More | Learn More | Learn More | Learn More |