TradingAccPNG

 

TRADING ACCOUNT TYPES

“AZAFX” offers a choice of account types, each of which serves as a universal trading tool for work on international financial markets. Every account we offer provides you with access to every trading symbol available when working with “AZAFX”.

Each type of account offered by AZAFX represents a universal trading tool that helps to work on international financial markets. Regardless of the chosen account type, you will have access to every trading symbol available, when working with AZAFX.

In order to help traders to create a successful trading strategy three account types were developed by the AZAFX Dealer Department specialists. Trading accounts’ types differ by the method of accounting spreads and commissions, which are picked by the trader opening an account.

ExecutivePNG64

 

Standard Trading Accounts

These types of accounts are relevant for standard trading terms on Forex market and function without fees. Once a trader gets access to all trading instruments he/she pays a fixed spread setting a trade.

Standard accounts work for all types of traders and allow a trade to be settled with classical spread and with no fees. The main advantage of this type of account is its universality, as often a trader can change the trading leverage and work with a deposit size convenient for him/her. The features of the account allow trading with Standard Account (minimum deposit $1000).The size limitation of the minimal trade equals to 1 lot ($10 per pip).

Executive2PNG64

 

Mini Trading Accounts

These types of accounts are relevant for Mini trading terms on Forex market and function without fees. Once a trader gets access to all trading instruments he/she pays a fixed spread setting a trade.

Mini accounts work for all types of traders and allow a trade to be settled with classical spread and with no fees. The main advantage of this type of account is its universality, as often a trader can change the trading leverage and work with a deposit size convenient for him/her. The features of the account allow trading with Mini Account (minimum deposit $500). The size limitation of the minimal trade equals to 1 lot ($1 per pip).

Executive1PNG64

 

Cent Trading Accounts

These types of accounts are relevant for cent trading terms on Forex market and function without fees. Once a trader gets access to all trading instruments he/she pays a fixed spread setting a trade.

Cent accounts work for all types of traders and allow a trade to be settled with classical spread and with no fees. The main advantage of this type of account is its universality, as often a trader can change the trading leverage and work with a deposit size convenient for him/her. The features of the account allow trading with Cent Account (minimum deposit $100). The size limitation of the minimal trade equals to 1 lot ($0.10 per pip).

For more experienced traders it is recommended to open accounts of Standard and Mini types which do not have any size constraints for maximal deposit and deal size.

Minimal trade size

The size limitation of the minimal trade equals to 1 lot ($10 per pip) for accounts of Standard Account and equals to 1 lot ($1 per pip) for accounts of Mini Account types and equals to 1 lot ($0.10 per pip) for accounts of Cent Account types with balance over $100,000 or its equivalent in other currencies.

 

 

[1] – Spreads are shown in pips.
[2] – For deposits of less than $1,000.
[3] – Margin means the percentage of volume of the total deposit that is necessary for maintaining the opposite positions for a single pair.
[4] – Level, when reached, positions may be forcibly closed.
[5] – Level, when reached, positions will be automatically closed.
* – For deposits of more than $10,000.00 the minimum trade may be established in the amount of 0.10 lots ($0.10 per pip).
** – For deposits of more than $100,000.00 the minimum trade may be established in the amount of 1.00 lots ($1.00 per pip).
*** – For cent accounts the minimal trade is 100 points of the basic currency and it is equal to the pip price about 0.1 cents.
**** – Leverage for GOLD and SILVER trade is 1:100.
***** – Leverage for CFD trade is 1:20.
****** – If the balance runs over USD 1000 on cent account, it is recommended to open a new account on another server.