Frequently Asked Questions

Who would benefit most from a Rookie account?

The Rookie account is an account type that suitable to use by newbie traders, which providing them with the opportunity to engage in trading with smaller volumes and minimal trading units (cent lots). This account features the smallest minimum trading volumes, making it well-suited for experimenting with and testing various trading strategies. 

Account Details:

Minimum Initial Deposit : $ 1

Swap : Free

Floating Spread : From 0.0 pips

Maximum Leverage : 1:2000

Account Currency : USC

Major Currencies : USD, GBP, EUR, AUD, CAD, JPY 

Execution Type : Market Execution

Minimum Order Volume : 0.01

Minimum Step Volume : 0.01

Minimum Margin : 1

Maximum Order Volume : 100

Margin Call : 30%

Commission : $3/Lot

Trading Instrument : Forex & Commodities

Maximum Position : 100

Stop Out Level : 30% 

 You can utilize Expert Advisors (EAs) or trading robots on both the MT4 and MT5 platforms for your trading activities. 

To initiate trading with the lowest possible amount of funds, you have the option of selecting a Rookie account or Micro account with a deposit amount of USD 1. The Rookie account offers the smallest minimum trading volume, known as the cent lot, enabling you to easily commence trading across various instruments.

Alternatively, you can commence trading with virtual funds by creating a demo account. This option is cost-free and serves as a valuable practice tool for aspiring traders. 

1.  To determine the required margin for opening a position, utilize the trading calculator available in the client area. 
2. Access the trader's menu and click on the trading calculator to assess the margin necessary for initiating a position. 
3. EXAMPLE;