VIP Account
The VIP Account is designed for clients who prefer trading with dependable fixed spreads. This account type enables traders to make precise, well-informed decisions based on specific conditions, allowing for seamless implementation of trading strategies with complete control. The VIP Account is also highly compatible with Expert Advisors optimized for fixed spreads.
| CURRENCY PAIR | FIXED |
|---|---|
| Trading Platform | MetaTrader 4, Webtrader and Mobile Trading |
| Spreads | Fixed for Forex* |
| Trading Instruments | Forex, Indices, Commodities, Shares and CFDs |
| Fifth Decimal | Yes |
| Max leverage | 1:100 * |
| Execution | Market Execution |
| Minimum opening deposit | $500,000 |
| Minimum trade size | 0.01 lot |
| Trade size increment | 0.01 |
| Maximum Total Trade Size | 60 standard lots per position |
| Maximum Simultaneous Open Orders | 300 |
| Margin Call / Stop out level | 50% / 20% |
| Telephone Trading | Yes |
| Account Currency | USD |
| Commission | No |
*Please note that, according to our historical spread analysis, spreads remain fixed 99.73% of the time but may occasionally widen during significant economic news announcements and rollover hours.
** Maximum leverage may vary depending on the client’s suitability assessment process.
Published Spreads
Our spreads are variable. The spreads mentioned were derived from the time-weighted average between January 1, 2014, and May 1, 2014. Advertised spreads may not apply to accounts under referring brokers. Our aim is to offer traders tight, competitive spreads, though there may be times when market conditions cause spreads to widen beyond those listed.
DISCLAIMER ON EXECUTION
When trading Forex under both execution models—Dealing Desk and No Dealing Desk—White Rock 24 acts as the final counterparty to transactions. For both models, we source bid and ask prices from a pool of liquidity providers, offering the best available quotes on our platforms after applying a mark-up. This mark-up may vary depending on the liquidity provider and account type, influenced by factors like provider quote rejection rates, network performance (such as latency), liquidity depth, and overall execution quality.
In the Dealing Desk model, White Rock 24 may act as the dealer for certain or all currency pairs. However, backup liquidity providers are available when we do not play the dealer role. Note that the Dealing Desk model utilizes fewer liquidity providers than the No Dealing Desk (NDD) option.
We cannot guarantee better quotes, prices, or spreads consistently for one execution model over the other. Clients should carefully consider relevant factors when selecting the execution type that best suits their trading needs, method, or strategy.
