Classic Account
The Classic account caters to traders who prefer the stability of fixed spreads, allowing for predictable trading conditions and strategic decision-making. This account type ensures reliable execution, making it ideal for traders looking for consistent control in their strategies. It also supports the use of Expert Advisors (EAs) that are specifically designed to operate effectively with fixed spreads, ensuring seamless and stable performance.
| CURRENCY PAIR | FIXED |
|---|---|
| Trading Platform | MetaTrader 4, Webtrader and Mobile Trading |
| Spreads | From 1 pip |
| Trading Instruments | Forex, Indices, Commodities, Shares and CFDs |
| Fifth Decimal | Yes |
| Max leverage | 1:3* |
| Execution | Market Execution |
| Minimum opening deposit | $ 250 |
| 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 available may differ depending on a client’s individual assessment and risk profile.
Advertised Spreads
Our spreads are variable and can change based on market conditions. The spreads shown are time-weighted averages from January 1, 2014, to May 1, 2014. Advertised spreads may not apply to accounts managed by referring brokers. While we aim to offer tight, competitive spreads, market fluctuations can sometimes cause spreads to widen beyond those listed.
EXECUTION DISCLAIMER
When trading Forex on both the dealing desk and no dealing desk (NDD) models, Sky Bit Holdings acts as the final counterparty, sourcing bid and ask prices from multiple liquidity providers and applying a mark-up that varies by provider and account type. Factors like liquidity depth, quote rejection rates, and network performance affect the mark-up. While the dealing desk model may involve fewer providers, backup liquidity options are available. Clients should carefully choose the execution type that aligns with their strategy, as price and spread quality can differ between models.
