Trading Conditions

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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%
Maximum Leverage	80:1 We may restrict your maximum leverage depending on your deposit amount as indicated below. 70:1 maximum for USD 30,000 or more 50:1 maximum for USD 100,000 or more 30:1 maximum for USD 300,000 or more
Account Base currency	USD, EUR, GBP, 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	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	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
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	Grant Thornton
Legal adviser	TGS Baltic

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Risk Warning: Trading Forex on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you may not only lose the original investment but also incur a substantial amount of debt. Margin trading requires a close and regular monitoring of the market conditions and the utilization of a margin account. Seek independent advice if necessary and review our legal documentation before opening an account.

* Amenda Markets trade with pure DMA is a trademark of Amenda Markets AS IBS. Amenda Markets AS IBS is licensed and regulated by the Financial and Capital Market Commission of Latvia – the FCMC (License number: 06.06.11.506/420) and is a Member of the Investor Compensation Scheme (ICS). Amenda Markets AS IBS is registered for provision of investment services and ancillary (non-core) investment services in the following member states of European Union and European Economic Area: Austria, Czech Republic, Denmark, Estonia, Finland, France, Germany, Italy, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Slovakia, Spain, Sweden and United Kingdom. Amenda Markets AS IBS is MiFID compliant under the Law on the Financial Instruments Market of Latvia. Amenda Markets AS IBS is licensed to provide the investment services of agency only execution (i.e. reception and transmission of orders, execution of orders on behalf of clients). Amenda Markets AS IBS is also licensed to provide the following ancillary investment services - holding of financial instruments and currency exchange services where these are related to the provision of investment services.