Guide to retail account types Trading Account Types
At FXON, we have prepared two account types: the Standard Account for general traders and the Elite Account for professional traders.
Leverage
Min. deposit
Min. lot
Zero cut
Guide to retail account types Trading Account Types
At FXON, we have prepared two account types: the Standard Account for general traders and the Elite Account for professional traders.
Leverage
Min. deposit
Min. lot
Zero cut
Standard
Account
The standard account is a basic account that achieves low spreads and zero trading fees.
As of January 15, approximately 40.3% of users have selected the Standard Account.
prefer medium to long-term trading
Elite
Account
The elite account is for professional traders and achieves extremely narrow spreads through our unique dealing method.
As of January 15, approximately 59.7% of users have selected the Elite Account.
prefer short-term trading
*1Commission is charged per contract, per side (PS).
*2Maximum leverage may vary based on your assets.
Common trading account specifications
Item | Details |
Account opening / maintenance fee | Free |
Leverage model | Floating leverage |
Spreads | Floating |
Base currencies | USD (US dollar), JPY (Japanese yen), EUR (Euro) |
Quoting hours / trading hours |
Check each instrument's trading conditions. |
Order types | Market Order, Limit Order, Stop Order, One Cancels the Other (OCO)*3, If-Done, If-Done OCO |
Margin call / stop out |
Margin call level = 50% Stop out level = 20% |
- Account opening / maintenance fee
- Free
- Leverage model
- Floating leverage
- Spreads
- Floating
- Base currencies
- USD, JPY, EUR
- Quoting hours/trading hours
- Check each instrument's trading conditions.
- Order types
- Market Order
Limit Order
Stop Order
One Cancels the Other (OCO)*3
If-Done
If-Done OCO
- Margin call/stop out
- Margin call level = 50%/Stop out level = 20%
*3OCO is available for close orders only, not for entry orders.
Standard accounts are favored by traders who seek execution power. Standard account orders are all immediately executed by our company, followed by risk hedging through cover destinations or our OTC trading. Therefore, if you want trades with high fill rates, please select a standard account.
Elite accounts are favored by traders who seek tight spreads down to the decimal point. Elite account trades are mechanically judged at our dealing desk whether to execute cover trades or OTC trades for order reception. For order judgment, we incorporate our proprietary AI dealing system, which boasts swift execution and high accuracy at the best prices.
Account type simulator
We will guide you to the optimal account based on your trading style and trading products. Please select the products you frequently trade and your trading frequency, then click the Run button.
Please select the Instruments you frequently trade
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