Optimal range of trading accounts for forex markets

The LiteForex company has developed a large range of trading accounts for any category of traders.Choose the account type that will comply with your trading preferences and open forex account in just 1 minute.

  • ECN
  • 2,5%
  • $50
  • ECN
  • Increased quoting precision
  • Market execution of orders with no requotes
  • No Stop & Limit levels
  • Scalping and news trading allowed
  • Unlimited duration of transactions
  • Trades are delivered directly to liquidity providers
  • No conflict of interests
  • Social Trading platform is available
  • 2.5% per annum in your account
  • Leverage 1:400
Forex ECN trading account is for professional experienced traders as well as investors and traders who wish to use the Social Trading service. This type of account offers the highest annual percent accrued on unused funds, and access to deep liquidity with low floating spreads. The trading account is created on the basis of modern ECN technology that provides access to the best prices on the market, stable and guaranteed fast execution with no re-quotes and no conflict of interest.
ECN (Electronic Communications Network) is a unique e-technology for Forex trades with no broker intervention. ECN broker is a kind of a platform where a trader's each order is matched with an opposite order either within the company or at the broker's contractor. It is a good option for opening a professional forex trading account.

Accounts specification

Spread floating, from 0.9 points   floating, from 1.8 points   floating, from 3 points
Commission no   no   no
Platform MT4   MT4/MT5   MT4/MT5
Leverage 1:400 - 1:1   1:500 - 1:1   1:1000 - 1:1
Account base currency USD, EUR, CHF, RUB   USD, EUR, CHF, RUB   USD cents, EUR cents,
CHF rappens, RUB kopecks
Minimum deposit $50   $50   $10
Rate, % per year2 2.5%   0%   0%
Islamic accounts Yes   Yes   Yes
Social trading Available   Unavailable   Unavailable
Lot Size, $ 100000   100000   1000
Minimum lot 0.01   0.01   0.01
Maximum number of orders Unlimited   Unlimited   200
Margin Call Level 20%   50%   100%
Stop Out Level 10%   20%   50%
  1. CENT accounts are not available to the clients from the following countries: India, Philippines, United Arab Emirates
  2. Annual interest rate is the percentage credited on surplus funds (annual interest).

    The state of the account is checked daily at the end of the day (at 23:59 GMT +3) to determine the amount of client’s own funds not used in trading. The daily interest amount is calculated in accordance with the following formula:

    %, daily = (free_margin - credit) * interest_rate / 100 / 360 , where:

    • free_margin - credit - the amount of client’s own surplus funds at the moment of calculation;
    • interest_rate – interest rate specified;
    • 360 – number of days in a year.

    The interest calculation algorithm is set by the software developer and can’t be corrected. The calculated amount is accumulated daily and saved automatically. The interests accrued over the whole month are paid on the last calendar days of the month. This accrual is made as one balance operation with a comment "IR".

    The interest is not paid on Islamic accounts.

    The accrual is made only on active accounts. If on the last calendar day your account is in the archive or is dormant, the interest for the earlier period of activity (daily interest amount calculated in the current month earlier) will not be paid. If there is no activity on the client's account, the company reserves the right to revise the conditions of annual interest rate’s calculation, up to cancellation. A scarce trading history can be a reason for revision as well.

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