Quote:
Originally Posted by wings10
MetaTrader4 Correspondence
FX Clearing Group, Inc.
http://www.fxclearing.ca
Spread:
1 pip on 4 majors for Mini Accounts
2-3 pips on majors for Pro Accounts
For full spread list
Leverage/Margin:
Up to 500:1 on Mini Accounts
Up to 400:1 on Pro Accounts
Account Sizes:
Mini Accounts: $250 - $5,000
Pro Accounts: $5,000 and up
Contract Sizes:
Mini Accounts: 1k (micro), 10k (mini), 100k (standard)
Pro Accounts: 10k (mini), 100k (standard) |
Lol sorry, but this broker is a joke.. look at the bottom of the main page
"Due to regulations, accounts for Canadian and US residents may not be opened at this time."
You know what that means? It means that this broker doesn't meet any Canadian regulations in order to allow it to open accounts for Canadian or U.S residents without it getting into trouble with the law.
"There is no forex licensing in Canada, and we are not required to obtain a security license if no Canadian clients are accepted."
The above just means that they are not at all regulated by any governing body in Canada as long as they do not have Canadian clients. They're not even a member of CIPF so you wouldn't get any account protection.