About the STP Account of Forex, Precious Metals (MetaTrader 4/Electronic Communication Network (ECN), Straight Through Processing (STP)) offered by FXOpen.
Type and Conditions
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General Trading Conditions
By opening an STP Account with FXOpen, you can trade Forex, Precious Metals through MetaTrader 4 trading platform.
Mainly FXOpen STP account offers Electronic Communication Network (ECN), Straight Through Processing (STP) execution model, the maximum leverage is 1:500, spread is Variable from 0.7 pips.
Available Base Currencies
The account bsse currency is only available in CHF (Swiss Franc), EUR (Euro), GBP (British Pound), Gold, JPY (Japanese Yen), RUB (Russian Ruble), USD (US Dollar).
Negative Balance Protection
FXOpen 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 STP 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
FXOpen allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging, News Time Trading trading in a platform of STP Account.
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FXOpen Trading Accounts Comparison
Here are the details of all Forex trading accounts of FXOpen.
| Types | STP | Micro | ECN | Crypto trading |
|---|---|---|---|---|
| Rating | ||||
| Platforms | ||||
| Business Model (Execution) | ||||
| Min Deposit | $10 | $1 | $100 | $10 |
| Max Leverage | 500:1 | 500:1 | 500:1 | 3:1 |
| Details/Link | Learn More | Learn More | Learn More | Learn More |
