Please find a summary of our conditions below. Should you have further questions, please do not hesitate to contact us.
|Trading platforms||MT4, MT4 Mobile, direktbroker-FX Webtrader, direktbroker-FX Mobile Trader|
|Account administration fees||free of charge|
|Additional contribution obligations||none|
|Inactivity fee||After 6 month 15 EUR/USD/GBP depending on account currency|
|Certificate of loss||free of charge (on request)|
Deposits and withdrawals
|Skrill method (Minimum deposit: 1.001,- Euro)||free of charge||free of charge|
|NETeller (Minimum deposit: 1.001,- Euro)||free of charge||free of charge|
|Bank charges apply||free of charge||EUR 15|
|Credit card||free of charge||1,5 %|
Possible account types, depending on the deposit
|Possible account types, depending on the deposit|
|Silver||from EUR 500|
|Gold||from EUR 5.000|
|Platinum||from EUR 25.000|
|Professional Client||from EUR 25.000|
|Security/Instruments||Max Leverage||Initial Margin|
|Forex Major (Pair of any two of these: EUR, USD, GBP, JPY CHF, CAD)||1:30||3.33%|
|Forex Non-Major (All except major)||1:20||5%|
|Major Indices(FR40, GB100, DE30, DS30, S&P500, NAS100, NK225, EU50, AUS200)|
|Commodities (except Gold)||1:10||10%|
|Non-Major Indices (All except major)|
|“CFDs on cryptocurrencies are complex financial instruments that are highly speculative in nature. Due to their extreme price volatility CFDs on cryptocurrencies entail a high risk of losing all invested capital. CFDs on cryptocurrencies are only appropriate to traders who have knowledge of how these financial instruments operate and can bear the loss of their whole invested amount.”|
|Professional Clients (Leverage subject to change)|
|Security/Instruments||Max Leverage||Initial Margin|
|Forex (All Forex Pairs)||Up to 400||0.25%|
|Commodities||Up to 100||1%|
|Metals, Indices||Up to 200||0.50%|
|World Shares/Stocks||Up to 40||2.50%|
|Crypto Currencies||Up to 4||25%|
Conditions for selected indices
|Conditions for selected indices|
|Commission||free of charge|
|Minimum trading size||0.01/0.1/1 depening on underlying asset|
* Die dargestellten Spreads sind die jeweils Kleinstmöglichen.
Conditions for selected FOREX pairs
|Commission (half-turn)||2.5 / lot||1.8 / lot||1.2 / lot||Upto 1 / lot|
Spreads in PIPS (regardless of account type)
|Currency pair||Variable from *||Typical *|
Conditions for share CFDs
|Commission (half-turn, regardless of number)||5.95 flat||2.95 flat||free of charge||free of charge|
|Minimum trading size||1 unit||1 unit||1 unit||1 unit|
|Widening spread||5 cent||4 cent||4 cent||4 cent|
- Spreads are indicated in Value
- Flat fee for single stock CFD`s – Standard 5.95 EURO and Gold 2.95 EURO
- Fractional Pips: we offer clients fractional pips, that are up to 10 times more precise, to take advantage of smaller price movements.
- We offer our clients institutional variable spreads.
- Up to exceptions, we cater to customers of the following countries: Germany, Austria, Lichtenstein, Luxembourg, Netherlands, Switzerland
Please note that the indicative spreads as shown in the trading platforms are only relevant for top of the book. For ticket size greater than $1m, execution spreads can get significantly widened by two or three times.
Expiry contracts will not automatically be rolled to the new contracts.
Once a contract expires it will be manually closed as per the expiry rate provided by our Liquidity Provider.
Please note that the expiry rate in the Liquidity Provider can differ from the expiry rate as shown in the trading platform.
Accounts created under Fixed Spreads Groups can face rejections when trying to open/close trades in periods when the spread in the market is higher than the fixed spreads they have.
Take profit orders are sent as Fill-or-Kill (FOK) orders, meaning there is a chance not be executed, even when are triggered, due to low liquidly in the market at that rate at that time or due to reaching that rate only for some milliseconds which was not enough to fill the order. Therefore, if the order will not be able to get fully filled when is triggered, then it will be rejected (Fill or Kill).
Swap charges and trading hours for each instrument can be found in the trading platforms. Please note that on certain day swaps charges are triple. If you need any further information on how to find them please feel free to contact us.
Some examples to better illustrate what the trading conditions mean is provided below.
Assume the commission on EURUSD is $10 per lot and the Roll charge for EURUSD is:
Long = -0.00009 Short = 0.00002.
I opened a 50,000 EURUSD short position on Monday and closed it on Wednesday. If 1 lot = 100,000 then the commission I paid in total for opening/closing this trade is $5.
Also, for this trade I received $2 as rollovers which are calculated as the trade size multiplied by the roll charge (short in this case) multiplied by the nights the trade is open (50,000 * 0.00002 * 2).
Please note that for most Forex, triple swaps are paid on Wednesdays. For more information, please check the specifications of each instrument in the trading platform.
The spreads mentioned in the trading conditions represent the difference between the Bid and the Ask price.
1) Profit & Loss
Assuming I have a EUR account with a balance of EUR 10,000.
I open a BUY position of 1 lot EURUSD at 1.18000 and close it at 1.18100. I gain 10 pips.
Therefore my profit is 100,000 * 0.0010 = $100, which is translated in (100 / 1.1810 =) 84.67 euro.
Therefore, my new balance will be 10,084.67 euro.
Assuming I have a USD account with a balance of $10,000.
I open a BUY position of 1 lot EURUSD at 1.18000 and close it at 1.17900. I lost 10 pips.
Therefore my loss is 100,000 * 0.0010 = $100.
Therefore, my new balance will be $9,900.
Trading in Forex and CFDs could lead to loss of all your invested capital.