Forex Trading Accounts
At Mega Trader FX we provide you with the flexibility to choose among 3 different Forex trading account types. Our objective is to meet your individual needs while offering a professional and personal service irrespective of the type of account you may choose.
Each Account type gives the investor full access to the highly accredited MetaTrader 4 trading platform, which includes unlimited charts and technical indicators, automated trading, mobile trading software and access to detailed account information.
All clients are assisted directly by our traders, who can be conveniently contacted via email, telephone and chat services. Regular intra-day market updates as well as a strategic outlook on the main currency pairs are delivered free of charge.
Micro Accounts are designed for new traders. They allow clients to trade with real money without exposing them to high risks. There is no minimum initial deposit.
Standard Accounts are appropriate for experienced as well as professional traders with a distinctive knowledge of the world financial markets. The minimum initial deposit is USD 3,000.
Executive Accounts are designed for experienced and professional traders who have the ability to trade large volumes. The minimum initial deposit is USD 100,000. Executive clients can also count on the assistance of additional trade analysis, education modules and more proactive trading guidance from our experts.
Below are the full details comparing Mega Trader FX various accounts and their relevant and unique features
Micro | Standard | Executive | |
Deposit Currency | USD, EUR, GBP, JPY,CHF, AUD | USD, EUR, GBP, JPY,CHF, AUD | USD, EUR, GBP, JPY,CHF, AUD |
Contract size (lot) | 1,000 | 100,000 | 100,000 |
Minimum Initial Deposit | No minimum | USD 3,000* | USD 100,000* |
Maximum Initial deposit | USD 3,000* | USD 100,000* | Unlimited |
Leverage | Flexible: 1:1 to 1:500 |
Flexible: 1:1 to 1:200 |
Flexible: 1:1 to 1:100 |
Spread on all majors | As low as 1 pip | As low as 1 pip | As low as 1 pip |
Commission | No | No | No |
Lots restriction per ticket | 100 lots | 50 lots | 50 lots |
Hedging allowed | Yes | Yes | Yes |
Islamic Account | Optional | Optional | Optional |
* If the deposit currency is not USD, the indicated amount should be converted to the deposit currency.