Account Types

Important: This page is part of archived content and may be outdated.

At Trading Point we provide you with the flexibility to choose among 3 different forex trading account types. Our objective is to meet your individual needs while offering a professional and personal service irrespective of the type of account you may choose. Each forex account type gives the investor full access to the highly accredited MetaTrader4 trading platform, which includes unlimited charts and technical indicators, automated trading, mobile trading software and access to detailed account information. All clients are assisted directly by our traders, who can be conveniently contacted via email, telephone and chat services. Regular intra-day market updates as well as a strategic outlook on the main currency pairs are delivered free of charge.

Micro forex trading accounts are designed for new traders. They allow clients to trade with real money without exposing them to high risks. There is no minimum initial deposit. Standard Accounts are appropriate for experienced as well as professional traders with a distinctive knowledge of the world financial markets. The minimum initial deposit is USD 10,000. Executive forex trading accounts are designed for experienced and professional traders who have the ability to trade large volumes. The minimum initial deposit is USD 100,000. Executive clients can also count on the assistance of additional trade analysis, education modules and more proactive trading guidance from our experts.

Trading Point Account Types

Micro Standard Executive
Deposit Currency USD, EUR, GBP, JPY,CHF, AUD USD, EUR, GBP, JPY,CHF, AUD USD, EUR, GBP, JPY,CHF, AUD
Contract size (lot) 1,000 100,000 100,000
Initial Deposit*
$5 – $20000 $20001 – $100000
$5 – $20000 $20001 – $100000
$100000 +
Leverage
1:1 to 1:500 1:1 to 1:200
1:1 to 1:500 1:1 to 1:200
1:1 to 1:100
Spread on all majors As low as 1 pip As low as 1 pip As low as 1 pip
Commission No No No
Lots restriction per ticket 100 lots 20 lots 20 lots
Hedging allowed Yes Yes Yes
Islamic Account Optional Optional Optional

* Figures should be considered as a guideline – Tailor made solutions can be arranged to accommodate for each client’s needs.
** If the deposit currency is not USD, the indicated amount should be converted to the deposit currency

Trading Point offers its customers fractional pip pricing. This means that instead of quoting prices with four(4) digits, Trading Point allows you to benefit from the smallest price movements by adding a fifth digit (fraction). Fractional pip pricing allows for tighter spreads and the most accurate quoting possible. This pricing is the result of our efforts to get the best prices from our multiple liquidity providers.