Trading Conditions

FXM Financial Group specializes in trading currencies and precious metals.

We offer our customers an opportunity to carry out trade operations with currency pairs.

Our modern trade platform FXM Trading Station allows customers to carry out transactions in real time mode without the necessity to request a quotation. That makes it possible for the customers to carry out operations much faster and with more efficiency.

24-hour trade for our customers from 11 p.m. of Sunday until 10 p.m. on Friday GMT.

The minimum amount to open a FXM REAL-ACCOUNT is 100.00 USD.

Lot size:

  • 0.01 = 1,000 in base currency
  • 0.10 = 10,000 in base currency
  • 1.00 = 100,000 in base currency

     

    Account type

    Mikro Forex

    ECN Account

    Deposit currency

    EUR, USD,

    USD

    Minimum deposit

    100 USD

    3000 USD

    Spreads[1]

    2-14

    0 – 0.8

    Fee

    0

    0.03%-1.20%

    Lotgrosse

    1000

    10000

    Minimal deal

    0.01 of the lot (for cent accounts is 1 lot)

    0.10 of the lot (for cent accounts is 1 lot)

    Maximal deal

    10000

    10000

    Leverage [2]

    1:1 - 1:400

    1:1-1:100

    Lock-Marge [3]

    25%

    25%

    Margin Call [4]

    150%

    150%

    Stop Out [5]

    100%

    100%


    [1] - spreads are shown in points.
    [2] - for deposits less than $1000.
    [3] - margin means the percent 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.
    [6] - rate of annual interest rate, accrued the last day of each month.

  • NO SCALPING AT MIKRO FOREX ACCOUNT

    Scalping is an aggressive speculation directed to a big number of opening and closing orders in a short period of time and a short range.

  • Risk Warning
    High Risk Investment
    Margined Currency Trading is one of the riskiest forms of investment available in the financial markets and is only suitable for sophisticated individuals and institutions. An account with FXM Financial Group permits you to trade foreign currencies on a highly leveraged basis (up to approximately 50 times your account equity). In a standard account an initial deposit of $1,000 will enable the account holder to take a maximum position of $100,000 market value. (Please note that the minimum required to open an account is $2,500 for a standard account and $250 for a mini a $100 for a mikro).

    The funds in an account trading at maximum leverage can be completely lost, if the position(s) held in the account has a one percent swing in value. Theoretically, an account could lose more than the equity it contains, if the account is trading at maximum leverage and positions held in the account swing more than one percent in value. Given the possibility of losing one's entire investment, speculation in the foreign exchange market should only be conducted with risk capital funds that if lost will not significantly effect one's personal or institution's financial well beings.
    Market Opinions - FXM TRADE
    Any opinions expressed by representatives of FXM Financial Group as to the future direction of prices of specific currencies are purely opinions, do not necessarily represent the opinion of FXM Financial Group, and are not guaranteed in any way. In no event shall FXM Financial Group have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided verbally or via the Internet, or any delays, inaccuracies, errors in, or omissions of information.
    Internet Trading Risks
    In addition, there are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since FXM Financial Group does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. FXM Financial Group employs back up systems and contingency plans to minimize the possibility of system failure, and trading via telephone is always available
    Doing transactions with the use of leverage can have a considerable effect on the status of the trading account, both in your favour, as well as against you. Please remember that any professional trader risks only the money the loss of which will not lead to financial collapse. That allows the trader to make sensible and cool-headed decisions. Make sure that you are fully aware of the degree of risk and you are ready to bear full responsibility for the transactions carried out.
     
    Market Watch
      Symbol Bid Ask
    EURUSD 1.31578 1.31625
    USDJPY 76.563 76.652
    GBPUSD 1.58091 1.58249
    USDCHF 0.91743 0.91848
    EURCHF 1.2079 1.2083
    GBPCHF 1.4519 1.4525
    AUDUSD 1.0771 1.0776
    USDCAD 0.9929 0.9940
    GOLD 1725.70 1726.70

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