Account Types Comparison
Trader's Way offers 4 account types — MT4.ECN., MT4.VAR., MT5.ECN. and CT.ECN. — on MetaTrader 4, MetaTrader 5 and cTrader. The minimum deposit is 10 USD on every one of them. ECN accounts start at 0 pips with a commission; the standard MT4.VAR. account starts at 1.1 pips, with commission on indices and cryptocurrencies only. Full conditions are in the table below.
We always strive to offer the widest range of trading products and services to meet all clients needs and preferences. There are several account types available at our company with different trading conditions: with or without commission.
To find out what account type suits you better, please, look through the account types comparison table.
Key Facts
- Minimum deposit: 10 USD on every account type.
- Spreads start at 0 pips on ECN accounts and 1.1 pips on the standard account.
- Maximum leverage: MT4.ECN. 1:1000, MT4.VAR. 1:1000, MT5.ECN. 1:1000, CT.ECN. 1:500.
- Stop out level: 40% on every account type.
- 4 account types are available: MT4.ECN., MT4.VAR., MT5.ECN., CT.ECN..
Account Types Comparison Table
| Account type | MT4.ECN. | MT4.VAR. | MT5.ECN. | CT.ECN. |
|---|---|---|---|---|
| Description | ECN account on MetaTrader 4 with direct access to interbank liquidity, tight variable spreads and a commission. | Standard MetaTrader 4 account with floating spreads and no commission on forex, metals or energies. | ECN account on MetaTrader 5 with tight variable spreads, a commission, and a choice of netting or hedging mode. | ECN account on the cTrader platform with Level II market depth, tight variable spreads and a commission. |
| Minimum Deposit | 10 USD | 10 USD | 10 USD | 10 USD |
| Account Currency | USD, EUR, CAD, GBP | USD, EUR, CAD, GBP | USD, EUR | USD, EUR |
| Spread Type | Variable | Variable | Variable | Variable |
| Minimum Spread | 0 pips | 1.1 pips | 0 pips | 0 pips |
| Commission | Currencies: $3.0; Metals: $3.0; Energies: included in spread; Indices: $3.4; Cryptocurrencies: 0.20% of nominal volume; (per 100,000 USD of turnover) | Indices: $3.4; Cryptocurrencies: 0.20% of nominal volume; (per 100,000 USD of turnover, cryptocurrencies and indices only) | Currencies: $3.0; Energies: included in spread; Cryptocurrencies: 0.20% of nominal volume; (per 100,000 USD of turnover) | Currencies: $3.0; Cryptocurrencies: 0.20% of nominal volume; (per 100,000 USD of turnover) |
| Maximum Leverage | 1:1000 | 1:1000 | 1:1000 | 1:500 |
| Lot Size | 100,000 units | 100,000 units | 100,000 units | 100,000 units |
| Minimum Order | 0.01 lots | 0.01 lots | 0.01 lots | 0.01 lots |
| Order Step | 0.01 lots | 0.01 lots | 0.01 lots | 0.01 lots |
| Execution Type | Market | Market | Market | Market |
| Stop Out Level | 40% | 40% | 40% | 40% |
| Demo Version | Yes | Yes | Yes | Yes |
| Trading Instruments | Forex, Metals, Energies, Indices, Cryptos | Forex, Metals, Energies, Indices, Cryptos | Forex, Metals, Energies, Indices, Cryptos | Forex, Cryptos |
- MT4.ECN., MT4.VAR., MT5.ECN. — Tiers apply to currencies. Non-currency instruments are capped at a fraction of the account leverage: metals 1/2, energies 1/8, cryptocurrencies 1/50. Leverage is limited to 1:200 for new positions around high-impact news and during extreme volatility.
- MT4.ECN., MT4.VAR., MT5.ECN. — Demo accounts expire 30 days after the last login.
- CT.ECN. — Tiers apply to currencies. Non-currency instruments start at 1:125 for balances below 10,000.
Frequently asked questions
What is the minimum deposit?
The minimum deposit is 10 USD on every account type: MT4.ECN., MT4.VAR., MT5.ECN. and CT.ECN.
What is the maximum leverage?
Maximum leverage is 1:1000 on MT4.ECN., MT4.VAR. and MT5.ECN. Maximum leverage is 1:500 on CT.ECN.
Which currencies can an account be held in?
An account can be held in USD, EUR, CAD and GBP on MT4.ECN. and MT4.VAR. An account can be held in USD and EUR on MT5.ECN. and CT.ECN.
Is a demo account available?
Yes. A demo account is available on every account type: MT4.ECN., MT4.VAR., MT5.ECN. and CT.ECN.
What is the difference between ECN and standard accounts?
ECN accounts start at 0 pips with a commission; the standard MT4.VAR. account starts at 1.1 pips, with commission on indices and cryptocurrencies only.
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