Trading Conditions
At FXCBS, all trading activities are done only through our ECN using FXCBS-MetaTrader.
As an account holder, you will have access to our ECN (Electronic Communication Network) where you can trade on Inter-bank prices streamed from our liquidity providers directly to your MetaTrader Client Terminal.
Below please find the trading conditions and features:
| Main Features | Description | |
|---|---|---|
| Spread | Variable | Inter-bank spread (As low as 0.1 Pip) |
| Hedging capability | Yes | You can hedge your positions, but be aware that your account equity must meet the margin requirements to be able to close one or more of the hedged positions. |
| Minimum transaction size | 0.1 lot | 10,000 of the base currency. |
| Dealing Desk | No | All trades are executed in the Inter-bank market using STP (Straight-Through-Processing) |
| Automated Trading | Yes | You may apply your own trading strategy using Expert Advisor, or use one of our advanced high-performance strategies (FXCBS Auto Trader). |
| Scalping allowed | Yes | You also may place orders 1 pip away from the market price. |
| Trading Platform | FXCBS Meta Trader 4. | |
| Re-quotes | No | |
| Minimum Deposit | Standard Account: 500.00 US Dollars or Equivalent Currency. Commission Free Account: 500.00 US Dollars or Equivalent Currency. Institutional Account: 50,000.00 US Dollars or Equivalent Currency. |
|
| Leverage | Maximum Leverage 1:100 ~ Minimum Leverage 1:1 | |
| Regular Margin Requirments | 1% of the base currency. | |
| Weekend Margin Requirments |
The weekends Margin required on Fridays are 2% of base currency, which is double the margin on other weekdays. And in case an account goes below this level, we will hedge the amount of positions that is sufficient to meet the margin requirements of 2% of base currency. |
|
| Margin Call Level | 100 % | |
| Stop-Out level | 25 % | |
| Commission |
Standard Account & Commission Free Account:$8 Per standard round lot. |
|
| Overnight Positions |
Overnight positions will be charged Rollover Swaps according to the inter-bank rates. |
|
| Execution Type |
The execution type is "By Market", i.e. your orders will be executed at the Market Price at the moment they reach the trading server, and that is not necessarily the exact same price you requested. We don't guarantee the execution of pending orders, since the execution type is By Market and there must be enough liquidity to fill your orders at your price. |
|
| Free charts and news | Yes | |