MT4.VAR.
Forex and CFD trading with floating spreads on the MetaTrader 4 platform. Designed for traders who want real market conditions without a commission on currencies, metals or energies.
The Trader’s Way MT4.VAR. account combines floating spreads with a small initial deposit on the MetaTrader 4 trading platform. No commission is charged on currencies, metals or energies; indices and cryptocurrencies are charged at the rates in the table below.
The account lets you trade under real market conditions starting from a small deposit. Spreads float with the market and start at 1.1 pips — wider than on the ECN accounts.
You can deposit in USD, EUR, CAD or GBP and trade from 0.01 lot (1,000 units of base currency) with leverage of up to 1:1000, subject to the balance tiers in the table below. Spreads widen and contract with the market.
You can open an MT4.VAR. demo account first: the conditions are the same but no real funds are involved. You can also trade from a mobile device using the MT4 mobile applications.
MT4.VAR. account trading conditions are the following:
| Low floating Spreads | from 1.1 pip | ||||||||||||||
| Deposit Currency | USD, EUR, CAD, GBP | ||||||||||||||
| Minimum Initial Deposit | 10 USD | ||||||||||||||
| Minimum Volume of a transaction | 0.01 of a lot (1,000 units of base currency) | ||||||||||||||
| Lot Size | 100,000 units of base currency | ||||||||||||||
| Step | 0.01 of a lot | ||||||||||||||
| Maximum Leverage ratio | |||||||||||||||
| for currencies |
Maximum leverage for non-currency instruments is: for metals – 1/2 of your account leverage, energies – 1/8, cryptocurrencies – 1/50 |
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| Commission | |||||||||||||||
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Cryptocurrencies and Indices Only* |
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| Execution type | Market | ||||||||||||||
| Carrying positions overnight | SWAP | ||||||||||||||
| NOSWAP (swap-free) accounts | Available ** | ||||||||||||||
| Stop Out Level | 40 % | ||||||||||||||
| Access to your account from mobile devices | Yes, free of charge | ||||||||||||||
| Demo version | Yes *** | ||||||||||||||
For detailed information about each trading instrument (inc. Spread, Swap, Min.Trade.Size, Contract Size and Step Size) follow the links below:
Important: Leverage is limited to a maximum of 1:200 just prior to high impact news releases for new positions. Leverage will also be limited to 1:200 during periods of extreme market volatility. Already-opened positions are not affected — only new Buy and Sell orders sent for execution just prior and during to news releases and these extremely volatile conditions.
This also includes Buy Limit, Buy Stop, Sell Limit and Sell Stop pending orders that are triggered during a news release. These pending orders will only result in the opening of a new position if margin requirements under the reduced leverage are met, otherwise they will be cancelled by the system due to a lack of sufficient margin for execution. Note that any deposit bonuses are excluded from this margin calculation. This is to protect clients and help prevent accounts from attaining negative balances and large losses during moments of high volatility.
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* Commission is charged when trading cryptocurrencies and indices.
** To switch an account to a NOSWAP mode, a letter that states your intentions must be submitted to the following email address: [email protected]. In addition, a copy of the letter must be uploaded and stored in your private office. A fee for each standard lot open during rollover is charged on a daily basis. Available for accounts in USD and EUR only.
*** Demo accounts expire in 30 days after the last login.
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