Forex Trading Accounts

For VIP account contact your personal account manager

* Tariffs for the specified accounts are indicated for reference only. We use individual approach for our customers, that’s why we try to find the most comfortable conditions. If the account has a basic currency – like euro, yen, etc., but not dollars, you need to convert the specified amount into the trader’s account currency.

For those who are just getting acquainted with the Forex market, it is recommended to choose a demo account, which will allow you to evaluate your trading opportunities without any risks. This is trading with virtual money, which eliminates the risk of loss of personal funds. Having tried various trading options, evaluated the price movement, understood how to create and place positions for buying or selling, you can already try yourself at trading with real account and with real money.


All About Forex Trading Accounts

All trading accounts are individual and controlled solely by customers. Just like a bank account. We offer 3 different account types Micro, Standard, and Ultra Low. Having account in our company, trader gets opportunity to enter personal account and to reach required platform. When registering your account, you should fill in the gaps with your data. This procedure is called “Know Your Customer” and it is carried out to verify the personal data of each client, to protect account data and your deposit. When opening an account, each our client gets specified information to enter Personal Account by email, which was indicated during the registration process. You can manage everything through your personal account, in particular, add or withdraw money, watch and participate in promotions, check out Loyalty Program status, change the leverage type, check what positions are opened, use different instruments for trading, and contact customer support service if needed. We are working to improve the personal account functional features. Like this, our clients receive additional tools, which make possible to change their trading account settings at any time by themselves. You will not need to contact your personal manager if you need to change something in your account settings. Having you account login, you can also access the trading platform. What is TP for the Forex market? This is the place where traders carry out their trading operations. It will display the deposit or withdrawal of money from the account, setting changes in PA.

We offer several account types to be used for these operations: Standard, Micro, Ultra Low. When registering an account in TwiceFX, you should fill in the gaps with your data. The procedure is required to verify the personal data of each client, to protect account data and funds. No need to provide additional information about yourself, if your TwiceFX account already exists, it is already in our database. By creating TwiceFX account, each our client will receive information to access Personal Account to email indicated during registration. We are working to improve the personal account functional features. Our clients receive additional instruments, which gives opportunity to chance trading account settings by themselves. You will not need to turn to your personal manager if you need to change something in your account. The logins to enter both trading account and platform are the same. Trading platform is a place where traders carry out their transactions on buying / selling currencies of various types. The platform displays money adding or withdrawal from the trading account, as well as changes in Personal Account settings.

All our clients have the full right to open from 1 to 8 (inclusive) accounts which they find convenient to operate.

There are several differences between the 2 trading platforms.

1. MT4 was specifically built for forex traders while MT5 was designed to provide traders with access to CFDs, stocks and futures.

2. MT4 has 9 time frames while MT5 has 21 time frames which include 11 types of minute charts, 7 types of hourly charts and daily, weekly & yearly time frames, which allows room for more analysis of the market.

3. MT4 offers 4 types of pending orders, whereas MT5 offers 6 types.

4. MT4 Allows only hedging. Offers technical analysis tools which allow you to analyze markets of any complexity level – 30 built-in indicators and other 2000 free custom indicators and 700 paid. No Market depth. No Economic calendar

5. MT5 Allows both hedging (by request) and Netting. Offers 38 technical indicators, 44 analytical objects, 21 timeframes and an unlimited number of charts. Provides Market depth. Provides an economic calendar

If you are new to trading or if you just want to trade forex, then MT4 is for you. It’s simpler to use and more suitable for beginners.

If you wish to access more versatile software and if you would like to trade stocks and other assets on top of forex, then with all the additional features described above, MT5 is more suitable for you.

To manage your account, you first have to login to your profile using your details. Within your profile, you have options to change your personal information, update your password, upload the documents, open/close trades, add or withdraw funds, etc. If you have any questions, you can always contact the customer support and we’ll be more than glad to help you as soon as possible.

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