About the Standard Account of Stock Index (MetaTrader 4/Straight Through Processing (STP)) offered by MyFX Markets.
Type and Conditions
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General Trading Conditions
By opening an Standard Account with MyFX Markets, you can trade Stock Index through MetaTrader 4 trading platform.
Mainly MyFX Markets Standard account offers Straight Through Processing (STP) execution model, the maximum leverage is 1:400, spread is Variable from 0.6 pips.
Available Base Currencies
The account bsse currency is only available in AUD (Australian Dollar), CHF (Swiss Franc), EUR (Euro), GBP (British Pound), JPY (Japanese Yen), NZD (New Zealand Dollar), SGD (Singapore Dollar), USD (US Dollar).
Negative Balance Protection
MyFX Markets adopts NBP(Negative Balance Protection), this means that you will not lose more than you deposit in your Forex & CFDs investment.
Margin call & Stop out
In the Standard Account, Margin call is 90% and Stop out is set to 90%, so all your positions will be automatically closed when the margin level reaches down to 90%.
Allow Trading Strategies
MyFX Markets allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging, News Time Trading trading in a platform of Standard Account.
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MyFX Markets Trading Accounts Comparison
Here are the details of all Forex trading accounts of MyFX Markets.