Classic Account
The Classic account is designed for traders who prefer to work with reliable fixed spreads. This account type enables traders to make well-informed decisions based on our tailored conditions, providing precise control over their trading strategies. It is also particularly compatible with Expert Advisors optimized for fixed spreads, enhancing the overall trading experience.
| 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 Spr​eads
Our spreads are variable, and the spreads provided above are based on the time-weighted average from January 1, 2014, to May 1, 2014. The advertised spreads may not apply to accounts referred by brokers. Our goal is to offer traders tight, competitive spreads; however, market conditions may occasionally cause the spreads to exceed the values listed above.
EXECUTION DISCLAIMER
When trading Forex, whether through the dealing desk or no dealing desk execution models, we act as the final counterparty for the transactions. In both models, Xelion Limited gathers bid and ask prices from a range of liquidity providers. The best available quotes are displayed on our platforms after we apply our mark-up, which can vary depending on the liquidity provider and account type. Several factors influence the mark-up, including the liquidity provider’s quote rejection rates, network performance (e.g., latency), liquidity depth, and overall execution quality.
For the Dealing Desk execution model, we may act as the counterparty for some or all currency pairs, while backup liquidity providers are used when we are not the dealer. It’s important to note that the Dealing Desk has a more limited number of liquidity providers compared to the No Dealing Desk (NDD) model.
We cannot guarantee that one execution model will always provide better quotes, prices, or spreads over the other. Clients should carefully consider their trading strategy or method when choosing the most suitable execution type for their needs.
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