About Account
Bronze Account
Designed for newcomers to the Forex market and those who prefer trading smaller volumes, the Micro account allows investors to trade smaller lot sizes and requires a lower initial deposit compared to a Bronze Account. All of this is managed from the powerful Web Trader platform, providing flexibility and ease of use.
| CURRENCY PAIR | FIXED |
|---|---|
| Trading Platform | Webtrader and Mobile Trading |
| Spreads | From 1 pip |
| Trading Instruments | Forex, Commodities, Shares and CFDs |
| Fifth Decimal | Yes |
| Max leverage | 1:10 * |
| Execution | Market Execution |
| Minimum opening deposit | $ 1000 |
| Minimum trade size | 0.01 lot |
| Trade size increment | 0.01 |
| Maximum Total Trade Size | 5 Standard lots |
| Maximum Simultaneous Open Orders | 150 |
| Margin Call / Stop out level | 40% / 10% |
| Telephone Trading | Yes |
| Account Currency | USD |
| Commission | No |
The Maximum leverage may vary based on clients’ appropriate assessment
Advertised Spreads
Our spreads are variable and may change with market conditions. The referenced spreads were calculated from a time-weighted average between January 1, 2014, and May 1, 2014. It’s important to note that advertised spreads may not apply to accounts associated with referring brokers. While we aim to offer traders tight and competitive spreads, market conditions may occasionally lead to wider spreads than those listed.
EXECUTION DISCLAIMER
When trading Forex on both dealing desk and no dealing desk models, Sky Bit Holdings acts as the final counterparty. Bid and ask prices are sourced from multiple liquidity providers and presented with an added mark-up that varies based on provider, account type, and factors like quote rejection rates and network latency. Dealing desk execution may involve fewer liquidity providers compared to no dealing desk (NDD) execution, with backup liquidity providers available if needed. Clients should assess which execution type best suits their trading strategy, as performance can vary between models.
