Trading Specification

Which is The Most Suitable Account For Me?

FXOptimax offered 6 account types to let clients choose the most suitable account for them, based on their trading strategies and styles. These accounts are divided into 3 major group, FXOptimax Raw Pricing, 5 Digits and 4 Digits. All groups have the same main advantages, very quick execution, no requotes and high leverage level.

FXOptimax Raw Pricing Account has the best spreads starting from 0 pip, consists of 2 account types, FXOptimax Pro VIP and FXOptimax Pro. Prices are streamed directly from best bid-offer system at our liquidity providers, without any markup. Spreads will be starting from 0 pip! Commission will be charged for each round turn and Pro VIP provides lower commission than Pro. FXOptimax Pro allows client to trade on micro lot, while Pro VIP does not. Raw Pricing Account is recommended for well experienced traders and scalpers seeking very tight spreads to work well with their strategies.

FXOptimax 5-Digits Account consists of FXOptimax Precision Pricing and FXOptimax Prime Pricing. These accounts are the favorites, both offered floating spreads, starting from 0.7 pip. FXOptimax Precision Pricing offers wider spread but it allows client to trade on micro lot, while Prime offer better spreads for greater amount of minimum deposit and minimum trading volume. Both accounts have no commission charged.

FXOptimax 4-Digits Account is the classic account intended for forex traders familiar with 4-digits pricings. This group consists of FXOptimax Micro and FXOptimax Mini, offering fixed spreads. As their names suggest, FXOptimax Micro allows micro lot trading while the other allows mini lot as the minimum trading volume. The spreads starts from 2 pips with FXOptimax Micro has slight wider spreads for lower minimum deposit requirement.

Please see the contract specification for each account in the tables below.

Raw Pricing Account

Option
FXOptimax Pro
Minimum Deposit
USD 100
Price digit (MODE_DIGITS)
3 for JPY, 5 for most pairs
Stop Level (MODE_STOPLEVEL)
0
Freeze Level (MODE_FREEZELEVEL)
0
Minimum Lot (MODE_MINLOT)
0.01 (1000 of base currency)
Lot Step (MODE_LOTSTEP)
0.01
Positive Slippage
Yes
Hedging
Yes, additional margin is required
Margin will be flat once hedge order has been opened. (Please read the execution policy below)
Commission
0.004% per Round Turn ($2 per $100k traded)
Leverage
up to 1:500
Stop Out Level
20%
Pair Suffix
r (EURUSDr, GBPUSDr, etc)
Execution
Market/Best

5 Digits Account - No Commission

Option
FXOptimax Precision Pricing
FXOptimax Prime
Recommended Deposit
USD 10
USD 500
Price digit (MODE_DIGITS)
3 for JPY, 5 for most pairs
Stop Level (MODE_STOPLEVEL)
0
Freeze Level (MODE_FREEZELEVEL)
0
Minimum Lot (MODE_MINLOT)
0.01 (1000 of base currency)
0.1 (10000 of base currency)
Lot Step (MODE_LOTSTEP)
0.01
Positive Slippage
Yes
Hedging
Yes, additional margin is required
Margin will be flat once hedge order has been opened. (Please read the execution policy below)
Pair Suffix
r (EURUSDr, GBPUSDr, etc)
Commission
None
Leverage
up to 1:1000
Stop Out Level
20%
Execution
Market/Best

4 Digits Account - No Commission

Option
FXOptimax Micro
FXOptimax Mini
Recommended Deposit
USD 10
USD 100
Price digit (MODE_DIGITS)
2 for JPY, 4 for most pairs
Stop Level (MODE_STOPLEVEL)
0
Freeze Level (MODE_FREEZELEVEL)
0
Minimum Lot (MODE_MINLOT)
0.01 (1000 of base currency)
0.1 (10000 of base currency)
Lot Step (MODE_LOTSTEP)
0.01
Positive Slippage
Yes
Hedging
Yes, additional margin is required
Margin will be flat once hedge order has been opened. (Please read the execution policy below)
Pair Suffix
i (EURUSDi, GBPUSDi, etc)
Commission
None
Leverage
up to 1:1000
Stop Out Level
20%
Execution
Market/Best

Execution Policy

To learn about FXOptimax execution model, please click here.

PLEASE NOTE, all pending orders (buy stop/sell stop/buy limit/sell limit) will be executed only if your trading account has at least 120% free margin level after the pending order is opened, including pending order that intended for hedging.
Please read here for more details


Leverage

Equity, USD
Exposure, Mil
Maximum Leverage
0-3000Less than 0.51:1000
3001-200000.5-1.91:500
20001-500002-4.91:200
50001 - 1000005-101:100
100000 or moreMore than 10Negotiable

Over-the-weekend leverage

To prevent negative equity on high risk accounts due to the potential gap at the market opening after weekend and holidays, the maximum leverage may be temporarily reduced to 1:100 on Friday or the last day before holiday, 5 hours before the market closure. Leverage will be reverted back to your leverage choice automatically 2 hours after the market reopens. Prior notification will be emailed before we reduce the leverage.


Leverage for High Risk Trading Style

We may also limit the leverage for several accounts to prevent negative equity in the customer account, mainly due to high risk trading style such as but not limited to: trading during high impact news announcements, martingale/averaging and/or trading with maximum lot-size. FXOptimax reserves the right to reduce the leverage of the trading account and inform the customer after adjustment is made.

Providing adequate capital and proper risk management are always recommended to all customers.