About the Classic account of Forex, Precious Metals, Stocks (Shares) (MetaTrader 4/No Dealing Desk (NDD)) offered by ForexMart.
Type and Conditions
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General Trading Conditions
By opening an Classic account with ForexMart, you can trade Forex, Precious Metals, Stocks (Shares) through MetaTrader 4 trading platform.
Mainly ForexMart Classic account offers No Dealing Desk (NDD) execution model, the maximum leverage is 1:500, spread is Variable from 2.0 pips.
Available Base Currencies
The account bsse currency is only available in EUR (Euro), GBP (British Pound), RUB (Russian Ruble), USD (US Dollar).
Negative Balance Protection
ForexMart 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 30% and Stop out is set to 10%, so all your positions will be automatically closed when the margin level reaches down to 10%.
Allow Trading Strategies
ForexMart allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging trading and does not allow News Time Trading trading in a platform of Classic account.
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ForexMart Trading Accounts Comparison
Here are the details of all Forex trading accounts of ForexMart.