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LiteForex: Enhancing the system of Trading Accounts
LiteForex is proud to announce some changes in its system of trading accounts. The Company’s clients are now offered 4 types of account: CENT, CLASSIC, ECN and PAMM, along with lowered spreads (fixed from 2 points / floating from 0.9 points) and improved trading conditions on ECN accounts.
Developed for Forex novices, cent accounts allow you to understand the psychology of trading from within and at the same time minimize trading risks as their deposits are denominated in cents. The minimum deposit and available leverage in CENT accounts constitute $10 and 1:1000 – 1:1, respectively. This type of account operates on the MT4 and MT5 platforms.
CLASSIC trading accounts are intended for professional trading with fixed spreads from 2 points, minimum deposit of $100 and leverage of 1:500 – 1:1. CLASSIC accounts are the best option providing a variety of bonus programs for active experienced traders. Trades are conducted in USD, EUR, CHF and RUB. This type of account operates on the MT4 and MT5 platforms.
LiteForex provides its clients with ECN trading technologies, when a broker can’t participate in buy/sell trades as a contractor. ECN accounts feature market execution without requotes and floating spread from 0.9 points. This ensures full protection against non-trading risks, transparency of orders and increased quoting accuracy. ECN accounts exclude any limits on the duration of trades and Stop & Limit levels.. The available leverage amounts to 1:400 – 1:1. All trading strategies are allowed, including scalping and news trading. This type of account operates on the MT4 platform.
– See more at: http://www.liteforex.com/trading/detail/company-news