Ways You Trade
Accounts
Two types of account types to choose
In GLORY FOREX, was a transaction fee to free the “standard account”, we have prepared two types of account types to achieve a transaction fee of industry lowest “Nano account”.
Standard account, a highly transparent by the STP system market, Nano account, and provides a highly liquid market traders in the fair by the ECN system.
STANDARD
Account
It adopted the STP method, the general of the Trader account (trading fees)
Standard account, will be the most major account of GLORY FOREX. From beginner traders so that we can widely available to professional traders, the trading unit and from 0.01 lot (1,000 currency), we have lowered the initial deposit amount at the time of account opening to a minimum of $ 200.
・500 times the maximum leverage（It depends on the deposit margin maximum amount）
・Minimum deposit USD 200 ~
・Transaction fees
・The lowest number of transactions 0.01Lot ~
NANO
Account
Very narrow is spread and the account that achieves quick commitments.
Nano account, GLORY FOREX’s world-class, will be low spread ECN account. In GLORY FOREX, reduce operating costs, the original policy that does not collect the excess cost from customers, we realize that the ECN conclusion of a contract fee to <US $ 3.0 / lot>.
・500 times the maximum leverage（It depends on the deposit margin maximum amount）
・Minimum deposit USD 200 ~
・Transaction fee 1 order US $ 3 / 1Lot
・The lowest number of transactions 0.01Lot
Account Overview
| Standard Account | Nano Account | |
|---|---|---|
| Order system | STP | ECN |
| Minimum / maximum number of orders | 0.01 Lot (1,000 Currency) / Limitless | |
| Minimum deposit | USD 200 | |
| Products | Forex 31 currency pairs | |
| Maximum leverage | 1:100：Deposit margin upper limit USD100,000 equivalent or less | |
| Account currency unit | USD / JPY | |
| Account opening / maintenance costs | Free ( 0 ) | |
Dealings Conditions
| Standard Account | Nano Account | |
|---|---|---|
| Order Unit | 0.01 Lot (1,000 Currency) | |
| Minimum / maximum number of orders | 0.01 Lot (1,000 Currency) / Limitless | |
| Request for additional margin | None (If the margin has become negative by the sudden market fluctuations, the zero cut) | |
| Trading sessions |
from Sunday 22:05 GMT to Friday 20:50 (GMT)*
*DST : GMT+1
|
|
| Margin call | If the margin retention ratio was lower than the 50% | |
| Loss cut | If the evidence money maintenance rate falls below 20% | |
| Price Display Unit | 3-digit / 5-digit display | |
Spread
| Standard Account | Nano Account | |
|---|---|---|
| Spread method | Change system | |
| Spread value | in preparation | |
