Classic Account
The Classic account is designed for customers who prefer trading with dependable fixed spreads. This account type enables traders to make well-calculated decisions based on specific conditions and allows precise control over their trading strategies. The Classic account is also highly compatible with Expert Advisors that operate best with fixed spreads.
| CURRENCY PAIR | FIXED |
|---|---|
| Trading Platform | MetaTrader 4, Webtrader and Mobile Trading |
| Spreads | From 1 pip |
| Trading Instruments | Forex, Indices, Commodities, Shares and CFDs |
| Fifth Decimal | Yes |
| Max leverage | 1:3* |
| Execution | Market Execution |
| Minimum opening deposit | $ 250 |
| Minimum trade size | 0.01 lot |
| Trade size increment | 0.01 |
| Maximum Total Trade Size | 5 Standard lots |
| Maximum Simultaneous Open Orders | 150 |
| Margin Call / Stop out level | 40% / 10% |
| Telephone Trading | Yes |
| Account Currency | USD |
| Commission | No |
Maximum leverage may vary depending on the client’s suitability assessment.
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.
