Accounts Trading Policies & Rules

Standard-Mini Accounts

• Standard-Mini accounts shall fall under the same legal requirements as all other accounts, and are subject to all terms and conditions in the trading agreement with FxPulp.
• The applied spreads are the same as specified in the Products specifications table.
• The default leverage when the account is opened will be 1-100.
• Other leverage choices are: 1-1, 1-50, or 1-200, 1-300.
• The minimum allowed initial deposit to open a Standard-Mini account is $100.
• Hedging is allowed with no additional margin, hence, the held margin for both positions will be the same required for only one.
• Pending Orders are allowed.
• Expert Advisor usage is allowed.
• Trailing Stops tool is allowed.
• Trading via phone is allowed only in emergencies.
• The minimum allowed contract volume per trade is 0.1 lot/ contract, or 10K of base currency.
• The maximum allowed contract volume per trade is 30.0 lots or 3,000,000 of base currency.
• The maximum number of lots outstanding in the Standard-Mini accounts shall not exceed 100.0 standard lots.
• The Standard-Mini account will be liquidated and all positions will be closed when the margin level on the account reaches 20%.

Micro Accounts

• Micro accounts shall fall under the same legal requirements as all other accounts, and are subject to all terms and conditions in the trading agreement with FxPulp.
• The applied spreads for micro accounts are the same as specified in the Products specifications table.
• The default leverage when the micro account is opened will be 1-500.
• Other leverage choices are: 1-400, 1-300, 1-200, or 1-100.
• No minimum deposit to open a micro account. The investor may start with any amount that best suits his/ her investment plans.
• Hedging is allowed with no additional margin, hence, the held margin for both positions will be the same required for only one.
• Pending Orders are allowed.
• Expert Advisor usage is not allowed.
• Trailing Stops tool is not allowed.
• Trading via phone is not allowed under any circumstances.
• The minimum allowed contract volume per trade is 0.01 of a standard contract, or 1K of base currency.
• The maximum allowed contract volume per trade is 0.09 or 9K of base currency.
• The maximum number of lots outstanding in the micro trading accounts shall not exceed 200K or 2.0 standard lots.
• The micro account will be liquidated and all positions will be closed when the margin level on the account reaches 10%.
• Orders on micro accounts are immediately executed with no re-quotes. *