About the Standard Iress account of Forex, Stocks/Shares (IRESS Trading Platform/NDD) offered by FP Markets.
Type and Conditions
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General Trading Conditions
By opening an Standard Iress account with FP Markets, you can trade Forex, Stocks/Shares through IRESS Trading Platform trading platform.
Mainly FP Markets Standard Iress account offers NDD execution model, the maximum leverage is 1:200, spread is Floating from 0.0 pips.
Available Base Currencies
You can choose from AUD 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 Standard 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 Standard 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||Premier Iress||Platinum Iress||ECN Raw|
|Details/Link||Learn More||Learn More||Learn More||Learn More||Learn More|