Standard Account
The Standard Forex Account provides investors with access to standard lots on the widest range of forex instruments available on our MT4 & MT5 platforms. Modern Standard Forex accounts charge no commission and rely on Market Execution, which means no re-quotes or further prompts during order confirmation. The Standard Forex Account is the most suitable account type for all forex traders. The GODO Standard Account has been reformed to include more benefits that can add value to your trading experience.
The standard trading account is the most common. This account gives the user access to standard lots of currency worth $100,000. That does not mean that you must put down $100,000 of capital to trade. The rules of margin and leverage (typically 1:100 in forex) mean that only $1,000 needs to be in the margin account for one standard lot to be traded.
Minimum Deposit | $ 100
Stop Out Level | 30%
Spreads | From 1.2 pips
Lot Size | 0.01 to 100
Leverage | Up to 500
Commission | Zero
Minimum Deposit | $ 100
Stop Out Level | 50%
Spreads | From 1.2 pips
Lot Size | 0.01 to 100
Leverage | Up to 500
Commission | Zero
Advantages
of Standard Account
Here are some of the benefits you gain when you opt for a Standard Account.
- Low latency and Fast order execution with Deep Liquidity.
- Commission free standard account.
- GODO use Pure STP trading environment.
- No Restrictions on Trading – Scalping Allowed.
- GODO Traders can also hedge positions as there is no first in first out (FIFO) rule with GODO.