PAMM ECN Accounts
Foraxi ECN accounts are based on the PAMM Technology. These accounts let the Master trade in the ECN environment.
|Account currency||USD, AUD, CHF, EUR, GBP, JPY, RUB|
|Follower's minimum deposit||depending on the offer parameters|
|Minimum Master's Capital||$1000
or the equivalent in another currency
|Spread||floating, from 0 pips|
|Commission||from $1,5 half-turn, dependant upon equity and traded volume
see detailed commission rates
|Minimum transaction size||0.01 lots|
|Maximum open trades||not limited|
|Leverage||up to 1:100|
|Instruments||50 currency pairs, gold and silver, CFDs, Oil, Natural Gas|
|Market depth with level 2 quotes||Yes|
|Trading time||00:00 Mon – 23:59 Fri (Foraxi Server Time)|
|Inactive account fees||
maintenance - $10 per month
reactivation - $50
Trading commissions are a subject to review in case of high trading volumes. Right after you open a trade, you will see the round turn commission charged.
ECN commissions may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
**Leverage. On opening a PAMM account the leverage is set at 1:100 by default. To change the leverage, please, email [email protected] with your documents attached, including your PAMM account number and the desired leverage.