The Update Trading Term. Dear Trader, We are happy to inform you, that we have finally updated our trading terms to grant every client even more bonuses and promotions, to provide even better support to you and to make trading conditions even more suitable and profitable for you. Today we have several changes to present:
New account type: Nano-Cent Account
- $1 = 1000 nano points
- Execution – No Dealing Desk Automatic Market Based Execution
- Spreads – fixed
- Leverage – up to 1000:1
- Contract size – from 0.01 up to 1000.00
- Maximum position size – 1000 nano (1 standard) lots
- Maximum number of orders – 50
- No Swaps or Commission
- Margin Call rules – 50/30
Spreads:
- EURUSD – 3 pips
- USDJPY – 3 pips
- GBPUSD – 4 pips
- USDCHF – 5 pips
New Promotions for Nano-Cents Accounts
Volume trading rebate : Get a 1 pip per lot rebate after making at least 30 (non-scalping!) trades with 500 Nano lots together in each trade.
Active trading rebate : Get a 0.5 pip per lot rebate after completing 3000 Nano lots.
25% Nano-Cents account Welcome Bonus : Deposit at least $100 and receive a 25% bonus (up to $1,000 per account).
New Promotion for all types of accounts: 100% loss rebate
Do not afraid to lose money while trading – we will return all 100% of what you’ve lost. Just lose at least $100 – than deposit at least the same amount you’ve lost, and we will match it up by immediately rebating your account with the same amount of your loss. This 100% rebate can be withdrawn after making 50 (non-scalping only!) standard 100k lots (or 500 Mini, 5,000 Micro or 50,000 Nano lots) from the moment of getting a rebate. Just be aware that if you withdraw all or part of your funds before making at least 3 standard lots (or 30 Mini, 300 Micro or 3,000 Nano lots) – your 100% rebate will be annulled.
Such rebate can be repeated on the same account as many times as you need, without any limitations.
ECN account modifications
ECN PRO account will have institutional interbank SWAPS and spreads on this account will become dynamic with a 5-digit price feed (SWAPS for Muslim clients may be replaced with a fixed fee per position – request more information and changes by sending us inquiries at support@fxclearing.ca) The commission on this account will be reduced to 0.4 pip per lot for all new accounts.
Scalping policy
Scalping is allowed now on ECN, Micro-Cents and Nano-Cents accounts (except when an EA used for trading modifies or/and execute orders too frequently, more than 60-120 orders per hour – in such case Metatrader will consider such orders as spam and sends a warning, after which such account could be blocked). Any other EAs and strategies, including Martingale, are also allowed. Be aware, that scalping is still fully prohibited on Mini accounts.
These are the major changes in our Trading Terms. For detailed information please check our site http://eng.fxclearing.ca/terms and feel free to ask any questions.
Sincerely yours,
FXCL Support Team
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