Account Types

FirewoodFX provides 5 account types with 2 options of pricing format

	Cent	Micro	Standard	Premium	ECN
Minimum Deposit	USD 10	USD 10	USD 10	USD 10	USD 200
Base Currency	USC (1 USD=100 USC)	USD
Contract Size per 1 lot	USC 100,000	USD 10,000	USD 100,000	USD 100,000	USD 100,000
Value 1 lot per pip / per point*	USC 10 per pip / USC 1 per point	USD 1 per pip / USD 0.1 per point	USD 10 per pip / USD 1 per point	USD 10 per pip / USD 1 per point	USD 10 per pip / USD 1 per point
Minimum Trade Size	0.01 lot (1000)	0.01 lot (100)	0.01 lot (1000)	0.01 lot (1000)	0.01 lot (1000)
Maximum Open Position	200 positions
Leverage	Up to 1:3000	Up to 1:1000
Spreads	Floating from 1 Pip	Fix from 3 Pips	Fix from 2 Pips	Floating from 0.3 Pip	Floating from 0 Pip
Pricing Format	5-digits (1.23456) (.c suffix)	5-digits (1.23456) (.m suffix)	4-digits (1.2345) (.fw suffix) 5-digits (1.23456) (.f suffix)	5-digits (1.23456) (.e suffix)	5-digits (1.23456) (No suffix)
Commission	None				$7/lot
Swap	Yes, Islamic account available
Stop and Limit Levels	2 Pips
Stopout Level	20%

Note: Although the spreads are fixed, during low-liquidity period (Example: News releases, Major economic events, Asia Session, etc), slippage may occur. Having open positions and pending orders (Stop/Limit Orders,SL/TP) during scheduled economic event are discouraged.

High Risk trading strategies involving toxic flow, High Frequency Trading, Arbitrage, and/or Latency trading are discouraged and need to be communicated to the company.

Additional execution spread will be applied during End of Day / Rollover period (at 16.50 - 18.00 EST*)

21:50-23:00 server time during DST / Winter Time (around November - March)
20:50-22:00 server time during DST-off / Summer Time (around March - Nov)

* For USD quoted pairs (EURUSD, GBPUSD, etc)

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HIGH RISK NOTICE

There is a high level of risk involved with trading leveraged products such as forex and CFDs. You should not risk more than you can afford to lose, it is possible that you may lose more than your initial investment. You should not trade unless you fully understand the true extent of your exposure to the risk of loss.

FirewoodFX does not accept clients from the United States of America, North Korea, Iraq, Iran, Saint Lucia and Saint Vincent and the Grenadines.

Firewood Global Ltd

Registered at St. Vincent and the Grenadines no 22160 BC 2014

Registered Address : Suite 305, Griffith Corporate Centre, Beachmont. St. Vincent and the Grenadines

[email protected]

+442036083558

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