The Standard Forex Account provides investors with access to standard lots on the widest range of forex instruments available on our MT4 platform. 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 FX 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 $1,000 needs to be in the margin account for one standard lot to be traded.
Standard Account Specifications
For those who are not the first day in trading, we advise opening a Standard account – a classic one.
|Minimum Deposit|||||$ 100|
|Spreads|||||From 1.2 pips|
|Stop out level|||||50%|
|Lot size|||||0.01 to 100|
Advantages of Standard Account
Here are some of the benefits you gain when you opt for a Standard Account
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