Classic Account
The Classic account is designed for traders who prefer consistent, reliable fixed spreads. This account type allows for well-informed trading decisions based on our tailored conditions, providing full control over the implementation of trading strategies. It is also highly compatible with Expert Advisors designed to work with fixed spreads, offering additional flexibility for automated trading.
| CURRENCY PAIR | FIXED |
|---|---|
| Trading Platform | MetaTrader 4, Webtrader and Mobile Trading |
| Spreads | From 1 pip |
| Trading Instruments | Forex, Indices, Commodities, Shares and CFDs |
| Fifth Decimal | Yes |
| Max leverage | 1:3* |
| Execution | Market Execution |
| Minimum opening deposit | $ 250 |
| Minimum trade size | 0.01 lot |
| Trade size increment | 0.01 |
| Maximum Total Trade Size | 5 Standard lots |
| Maximum Simultaneous Open Orders | 150 |
| Margin Call / Stop out level | 40% / 10% |
| Telephone Trading | Yes |
| Account Currency | USD |
| Commission | No |
The Maximum leverage may vary based on clients’ appropriate assessment
Advertised Spreads
Our spreads are variable. The spreads mentioned above are based on the time-weighted average from January 1, 2014, to May 1, 2014. These advertised spreads may not apply to accounts referred by brokers. Our goal is to offer traders tight, competitive spreads, although market conditions may occasionally cause spreads to exceed those listed above.
EXECUTION DISCLAIMER
When trading Forex with both dealing desk and no dealing desk execution models, we act as the final counterparty to the transactions. In both models, Independent Pro gathers bid and ask prices from a variety of liquidity providers. The best available bid and ask quotes are provided on our platforms after applying our mark-up, which may vary depending on the liquidity provider and account type. Several factors influence the mark-up decision, including the rejection rates of liquidity providers’ quotes, network performance (e.g., latency), liquidity depth, and overall execution quality.
In the Dealing Desk execution model, we may act as the counterparty for some or all currency pairs. Backup liquidity providers are also available when we do not act as the dealer. It’s important to note that the Dealing Desk uses a smaller pool of liquidity providers compared to the No Dealing Desk (NDD) model.
We cannot guarantee that quotes, prices, or spreads will always be more favorable with one execution model over the other. Clients should carefully assess which execution type best suits their trading method or strategy.
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