About the Standard MT4 account of Bitcoin, Cryptocurrency, Energies, Forex, Indices, Litecoin, Precious Metals (MetaTrader 4/NDD) offered by SimpleFX.
Type and Conditions
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General Trading Conditions
By opening an Standard MT4 account with SimpleFX, you can trade Bitcoin, Cryptocurrency, Energies, Forex, Indices, Litecoin, Precious Metals through MetaTrader 4 trading platform.
Mainly SimpleFX Standard MT4 account offers NDD execution model, the maximum leverage is 1:500, spread is Floating from 0.1 pips.
Available Base Currencies
The account bsse currency is only available in AUD, BCH, BTC, CAD, CHF, CZK, Dash, DKK, Ethereum (ETH), EUR, GBP, IDR, INR, JPY, Litecoin (LTC), MYR, NOK, PLN, RUB, SEK, SGD, USD, ZAR.
Negative Balance Protection
SimpleFX 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 MT4 account, Margin call is 50% and Stop out is set to 30%, so all your positions will be automatically closed when the margin level reaches down to 30%.
Allow Trading Strategies
SimpleFX allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging, News Time Trading trading in a platform of Standard MT4 account.
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