Account Types

Classic Account

Classic account type can accommodate traders who are new to the markets as well as the experienced retail traders. The classic account offers the traders the convenience of trading with initial deposits as low as $10.

If you are looking for fair trading conditions, excellent leverages, no re-quotes and access to trade forex currency pairs, precious metals & energy commodities, then the Classic Account is the best option for you. Explore our classic account details below

In-Depth Details

Trading Platforms: MetaTrader 4, Mobile Trading, MAM
Account Currency: USD
Minimum Deposit (USD): $10
Spreads Types: Variable
Spreads from (pips): 1.6* Pips
Minimum trade size (Lots): 0.01
Trade size increment: 0.01
Maximum Leverage: 1:1000
Commission (per Standard Lot): Nil
Fifth Decimal: YES
Market Execution: YES
Maximum Order Volume: Nil
Margin Call: 50%
Stop Out Level: 30%
Islamic / SWAP free accounts: YES
Hedging Allowed: YES
EA Compatible: YES

Note:- Since the MT4 server doesn't always count the gap level correctly when activating stop and stop loss orders during strong market movements (For example, due to a release of Major Economic News and Market rollover time), news trading with stop orders is not supported for this account type.

Leverage is applied as mentioned in the Margin and Leverage rules page. (https://www.leoprime.com/margin-leverage-rules)

Leo Prime Service Limited registered in the Marshall Islands (registration number 95149) and regulated in accordance with Marshall Islands Business Corporation Act. The Company’s address: Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.

Risk Warning: FX and CFDs, which are leveraged products, incur a high level of risk and can result in the loss of all your invested capital. Therefore, FX and CFDs may not be suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.

Leo Prime Services Limited, does not offer its services to the residents of certain jurisdictions such as: USA, Belgium, North Korea, Israel, Iraq ,and Japan.
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