Latviešu Trading Conditions
| Account Type | Pure-DMA Pro |
|---|---|
| Spreads | As low as negative (as low as -1.5 pips) No markup / No price manipulation |
| Trading fee (per side) | 0.0035% |
| Swap markup |
Markup is added by adjusting custodian bank swap points. Negative swap points are multiplied 1.3 times and positive swap points are multiplied 0.7 times. Daily market overnight charge is the total calculated daily swap which includes custodian bank swap amount and Amenda swap markup. Due to Spot FX T+2 settlement, three times of Daily market overnight charge is applied on Thursday. |
| Maximum Leverage (retail clients)* | 30:1 for these currency pairs: EUR/USD, EUR/GBP, EUR/CAD, EUR/CHF, USD/JPY, USD/CAD, USD/CHF, EUR/JPY, CAD/JPY, CHF/JPY, GBP/USD, GBP/JPY, GBP/CAD, and GBP/CHF
20:1 for these currency pairs: EUR/AUD, EUR/NZD, AUD/USD, NZD/USD, AUD/JPY, NZD/JPY, GBP/AUD, GBP/NZD, AUD/CAD, USD/TRY, EUR/TRY, and TRY/JPY |
| Maximum Leverage (professional clients)* | 125:1 for these currency pairs: EUR/USD, EUR/GBP, EUR/CAD, EUR/CHF, USD/JPY, USD/CAD, USD/CHF, EUR/JPY, CAD/JPY, CHF/JPY, GBP/USD, GBP/JPY, GBP/CAD, and GBP/CHF
83:1 for these currency pairs: EUR/AUD, EUR/NZD, AUD/USD, NZD/USD, AUD/JPY, NZD/JPY, GBP/AUD, GBP/NZD, AUD/CAD, USD/TRY, EUR/TRY, and TRY/JPY
|
| Account Base currency | USD, EUR, GBP, JPY |
| Currency Pairs | EUR/USD, EUR/GBP, EUR/CAD, EUR/CHF, EUR/AUD, EUR/NZD, USD/JPY, USD/CAD, USD/CHF, AUD/USD, NZD/USD, EUR/JPY, CAD/JPY, CHF/JPY, AUD/JPY, NZD/JPY, GBP/USD, GBP/JPY, GBP/CAD, GBP/CHF, GBP/AUD, GBP/NZD, AUD/CAD, USD/TRY, EUR/TRY, TRY/JPY |
| Minimum opening deposit | Individual Account: USD/EUR/GBP 2,000 or JPY 200,000 Corporate Account: USD/EUR/GBP 5,000 or JPY 500,000 |
| Minimum order size / lot step | 0.01 lots (1,000 units) / 0.01 lots (1,000 units) |
| Maximum open / pending orders / position | No limit |
| Margin call level (retail clients) | 80% (If your equity falls below 80% of your required margin, you will receive a margin call to deposit more funds into your account) |
| Stop-out Level (retail clients) | 50% (If your equity falls below 50% of your required margin, an automated stop-out will be triggered (first closing the position with the largest floating loss)) |
| Margin call level (professional clients) | 120% (If your equity falls below 120% of your required margin, you will receive a margin call to deposit more funds into your account) |
| Stop-out Level (professional clients) | 80% (If your equity falls below 80% of your required margin, an automated stop-out will be triggered (first closing the position with the largest floating loss)) |
| Execution | Market Execution, 100% agency model Only (STP/DMA/ECN/NDD) No re-quotes/No execution manipulation/No conflict of interests |
| Price Improvement | Yes, best execution model (Negative and positive slippage enabled) |
| Hedging and scalping | Accepted |
| Negative balance protection on a per account basis for retail clients | Yes |
| Trading platforms | MetaTrader 4 (Windows/MAC/Linux/iOS/Android) |
| EA (Expert Advisor) use restriction | None |
| Trading hours | Monday, 17:00 – Saturday, 17:00 EST |
| Rollover | 17:00 EST |
| Segregation of client funds | Yes, 100% segregated (in European banking institutions) |
| External auditor | KPMG Baltics SIA |
*As a risk management measure leverage can be changed as well as trading of currency pairs can be halted with or without notice to reflect changes in market conditions.