At FXORO, we offer selection of 3 different types of accounts according to your trading needs. The main difference between each type of account is linked the spread applicable to transactions. The difference between the buy and sell price for given market effectively your cost of trading that market. We aim to keep the spreads for our markets consistently low, to give you the best value service.
- Fixed spreads accounts: The spreads stay fixed and do not vary no matter what the volatility is markets.
- Variable spreads accounts: You can expect spread that will, at times, as low as 0.3 pips depending on instrument being traded and the level of market volatility.
- ECN accounts: The FXORO ECN enables clients to trade on tight bid/offer spreads, which are as low as 0 pip on majors in normal mark conditions but which fluctuate according market volatility. The ECN is usually reserved for more advanced traders trading high volumes.
Islamic accounts: Known is swap-free accounts. They imply no swap or rollover interest on overnight positions for traders of Islamic confession only. The Islamic function can chosen with the 3 types of accounts.
*In order to allowed take the maximum level of leverage and full margin capability certain Terms and Conditions apply.