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What’s the Trading Account Types at LiteForex?
To open a Live Forex account at LiteForex with us, simply click the Link or Picture below and fill the registration form, it only takes 5 minutes to open an account.
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Trading Account Types of LiteForex
Straighthold Investment Group, Inc. has developed 2 steps for working professionally on the Forex market. There are 2 account types available to our clients, so each trader can choose to manage the Forex account he/she likes best:
LITEForex The LITEForex account group has been developed for beginners above all, but can also be used by traders who wish to test their mechanical trading systems. The main advantage of the LITEForex managed Forex account is that you only need a starting deposit of 1 US dollar. After you open the LITEForex managed Forex account you can trade through our company on the same terms as other traders, who work on other account groups. The only difference is the operating amount.*
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REALForex This account group is particularly intended for Forex professionals who have sufficient experience working with large sums.
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After you study the comparison characteristics of the account groups below, you can make your choice:
| LITEForex | REALForex | |
| Deposit Currency | US Cents | US Dollars |
| Minimal deposit | $1 | $10 |
| Maximal Deposit | $3000 | no limit |
| Lot Size* | 100000 | 100000 |
| Minimal Contract | 0.1 | 0.01 |
| Maximal Contract | 100 | 100 |
| Leverage | 1:200-1:100 | 1:100-1:50 |
| Margin requirement** | 1% | 1% |
| Locked margin*** | 0.5% | 0.5% |
| Margin Call Level | 100% | 100% |
| Stop Out Level | 50% | 50% |
| Interest Rate**** | 0% | 3.50% |
* Lot size is indicated in the base currency units
** Margin requirement and locked margin are indicated for 1:100 leverage
*** Margin to enter into a position and to preserve two locked positions on one instrument (+1.0 and -1.0) comprises[locked margin] х 2
**** Interest rate (annual) on the account balance, non-involved into trading, is calculated monthly.
Regardless of the type of your managed Forex account, Straighthold Investment Group, Inc. offers a wide selection of trading instruments as well as competitive spreads and swaps, which are presented under Trading Instruments on the site.
* – These account types are limited to a maximal number (300 and less) of simultaneously opened positions and displayed orders.
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