Let's look at them closely.
STP / Direct Market Access account
An STP/Direct Market Access account is created as your default account once you decide to join us and register.
This account is more suitable for position traders who hold trades for a longer time period and want to pay only for spreads without any other fees.
Executions are affected only by market volatility and by the volume sent to the interbank market execution.
ECN account
If you, as a trader, prefer intraday and algorithmic trading style or forex scalping strategy then ECN account is just right for you.
Direct execution at interbank market, like in the case of STP / Direct Market Access and live interbank spreads directly from our liquidity providers these are the main characteristics of ECN account.
Also, a commission needs to be paid with every opening and closing of a trade.
PRO Account
In order to satisfy the needs of professional traders we have developed Purple Trading PRO account.
Do you want to utilize your broad trading experience but lack the account type that could help you with it?
Meet 2 out of 3 requirements and earn the possibility to trade with leverage up to 1:400.
It would feel kind of embarrassing for us to name 3 types of accounts and not have something else to offer you apart from that. Something that would make you feel pampered and educated at the same time. Something that would make other traders look at you with admiration and just a little bit of enviousness. Simply something that would reward your trading activity by enabling you to grow professionally and become a better trader as a result. Fortunately, we don’t need to feel embarrassed because we’ve got that “something” for you and it’s called The Loyalty Program.
With FXItrade loyalty program you have the opportunity to reach 4 trader statuses: Starter, Standard and VIP. And you can do so in three different ways (Evaluated on MT4 accounts):
Starter |
Commission (ECN account) 10 USD/lot |
Balance From 100 to 1000 EUR |
Deposit From 100 to 1000 EUR |
Balance From 100 to 1000 EUR/td> |
Commission |
Commission (ECN account) 10 USD/lot |
Balance From 100 to 1000 EUR |
Deposit From 100 to 1000 EUR |
Balance From 100 to 1000 EUR |
VIP |
Commission (ECN account) 10 USD/lot |
Balance From 10000 to 100000 EUR |
Deposit From 10000 to 100000 EUR |
Balance From 10000 to 100000 EUR |
TYPE OF ACCOUNT: STP/ECN/CRYPTO
LEVERAGE: Retail clients 1:2 - 1:30, Professional clients up to 1:400
COMMISSION ON ECN ACCOUNTS: 8 EUR/lot on Starter, 8 EUR/lot on Standard, 6 EUR/lot on Prime and 3 EUR/lot on VIP account.
The main purpose of the FXITRADING loyalty program is not to disadvantage the traders with lower statuses and therefore force them to try to gain a higher status. That’s why the basic trading conditions are the same no matter what status you have. It doesn’t matter if you’re a VIP trader or you have an account with Starter status. Pure DMA/STP liquidity, swift execution times, and positive slippage; low deposit and withdrawal fees and no trading limits, these are the conditions that we offer to all our traders without exceptions.