Account Specifications

Conditions of self-directed trading accounts that were opened directly with XGLOBAL.

Open a Real Account Open a Practice Account
CFD Trading is high risk. You may lose more than you invest.
Specifications of All Accounts
Execution Model Market and Limit (internally matched or externally covered)
Order Requotes None
Minimum Spreads 1.0 pip / 10 pts*
Spread Type Variable
Commission Per Lot Traded None*
Swap Free / Islamic Friendly trading Yes, special accounts available
Tradable Currencies, Metals & CFDs 77
Leverage Offered Up to 200:1 for all clients
Minimum Deposit 500 USD/EUR/GBP, 5,000 NOK or 50,000 JPY
Account Currencies Available USD, EUR, GBP, NOK, JPY
Minimum Trade Size 0.01 lots
Maximum Trade Size 200.00 lots
Contract Size of 1.00 Lot (FX) 100,000 units of base currency
Decimal Pricing 5 decimals
Maximum Number of Open Positions Unlimited
Margin Call Level 100%
Stop-Out Level 50%
Segregated Bank Accounts Yes, deposits held in Clients’ denominated bank accounts
Negative Balance Protection Yes (for retail clients)
Platform
Platform MetaTrader 4
Execution Type Market Execution
Platform Compatibility Windows, macOS, Mac iOS, Android
Trading Strategies
Hedging Welcomed
Copy/Signal Trading Welcomed
Swing Trading Welcomed
Long-Term Positions Welcomed
Restrictions We do not support algorithmic scalping, latency arbitrage or high frequency trading

* The above specifications may differ if a custom deal has been applied.

Margin Call rules

Margin Call level: Warning at 99% for all accounts

Stop-Out level: A stop-out will be triggered when the Margin Level falls below 5%-50% depending on account type.

Margin Call levels may be changed with prior notification if there is a necessity to do so.
Margin Call level is displayed as a percentage and calculated as follows: MC = Equity / Margin * 100%
Margin Call level is equal to equity: MC = Equity

If the current level is below Margin Call level, the account will receive an alert. If the level reaches a point lower than Stop Out level, the most unprofitable position will be closed on account quoted automatically. As for those positions quoted by a dealer, a request will be sent to the latter one to close the most unprofitable position (but dealer can close any other client’s position at the dealer’s discretion).

Dynamic Leverage Policy

On XGLOBAL FX servers we have implemented dynamic leverage, which is designed to give full leverage to the vast majority of clients but limits the amount of leverage offered for large orders. This allows us to offer higher maximum order sizes and support clients that wish to take large exposures, while offering a layer of protection. Details of the dynamic leverage configuration can be seen below:

Forex Pairs
Lot size Leverage Offered
0.01 – 5.00 100% of Account Leverage
5.01 – 40.00 75% of Account Leverage
40.01-50.00 50% of Account Leverage
50.00+ 25% of Account Leverage
Spot Metals
Lot size Margin Requirement
0.01-50.00 1*Margin
50.01-100.00 2*Margin
100.01-150.00 3*Margin
150.01+ 4*Margin
Future CFDs (except DAX30)
Lot size Margin Requirement
0.01-50.00 1*Margin
50.01-100.00 2*Margin
100.01-150.00 3*Margin
DAX30 Future CFD
Lot size Margin Requirement
0.01-50.00 5,000 EUR
50.01-100.00 7,500 EUR
100.01-150.00 10,000 EUR

For more information you can contact our support team by email at support@xglobalfx.com


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