Trading Conditions

The following trading conditions are subject to change/modify/delete/add without notice, from time to time in our sole discretion. We will notify you of amendments to these trading conditions by posting/updating them to page and/or by email. If you are a current IMMFX client or planning to open an account later, you must read it carefully and agree to any current/future changes. If you do not agree with these trading conditions, please do not create a trading account or contact our support team immediately.

Trading Account Preference (Type)

Pro Account or Pro Plus Account. To change your current account type or to request additional account type other than what you currently have, you are subject to each account terms and conditions including minimum deposit requirement. Please send a request to IMMFX Support Team via email support@immfx.com. Note that all opened trades must be closed prior to your request.

Account Opening Minimum

Pro account and Pro Plus require a minimum deposit of $100 then you can fund your account as much as you want.

Account Currency

US Dollar Denominated Account.

Bonuses

20% of your first deposit will be added to your account upon request. We don’t accept bonus hunting, external or internal hedging aiming to profit bonus percentage. Please note that bonuses are not available to all countries or account types, and that the company may refuse to give it to any customer, as needed. For full details, please refer to Bonus terms and conditions.

Platform

MetaTrader 4 (MT4) (immfx4setup, 3.5Mb)

Available Instruments on MT4 Platform

To view our tradable instrument, simply go to market watch window on your MT4 platform then right click on any listed symbols then select hide all, show all or symbol.

Folder Available Instruments
mt4_instruments_icon.png FX Majors Major currency pairs. with deep liquidity
mt4_instruments_icon.png FX Crosses Cross currency pairs with high liquidity
mt4_instruments_icon.png Exotic Other currency pairs with less liquidity
mt4_instruments_icon.png Gold Gold vs USD (XAUUSD), Gold vs Euro (XAUEUR)
mt4_instruments_icon.png Silver Silver (XAGUSD)
mt4_instruments_icon.png CFDs -Cash Stock markets indices, US OIL , UK OIL and NATURAL GAS
mt4_instruments_icon.png Stocks European and American individual stocks trading are available in Pro Plus accounts

For more details, check our Available Instruments and Spreads

Spreads

Variable spread on all Instruments , very tight in normal market conditions and may vary due to market volatility, liquidity and news release. For more details, view our Available Instruments and Spreads

Note: You may experience higher than usual spreads especially on Crosses or exotic currency pairs at the end of day or when market closes at the weekend.

Commission

The most common costs associated with trading are the spread and commission fees charged by the broker for each executed trade,
The following are commission depends on our account type:

Folder Pro Pro Plus
mt4_instruments_icon.png FX Majors Zero $8
mt4_instruments_icon.png FX Crosses Zero $8
mt4_instruments_icon.png Exotics Zero $8
mt4_instruments_icon.png Gold Zero $8
mt4_instruments_icon.pngSilver Zero $8
mt4_instruments_icon.png CFDs-Cash $18 $18
mt4_instruments_icon.png Stocks N/A 1% of trade value

Margin Requirements

  • Margin for forex and metals will be calculated as the following: Lots × Contract Size ÷Leverage× Currency Pair Current Exchange Rate
  • Margin for Indices will be calculated as the following: Lots × Contract Size × Market Price × Percentage ÷100.
  • Margin for USOIL, ULOIL and NGAS will be calculated as the following: Margin: Lots × Contract Size × Market Price × 1 ÷100
  • Margin for Stocks will be calculated as the following: number of lots × market price × 10%. Please note the margin will be in USD or EUR depends on stock

For more details, see Contract Specifications

Maximum lot size per ticket

 

Folder Pro Pro Plus
mt4_instruments_icon.png FX Majors 20 lots 50 lots
mt4_instruments_icon.png FX Crosses 15 lots 50 lots
mt4_instruments_icon.png Exotics 10 lots 50 lots
mt4_instruments_icon.png Gold 10 lots 50 lots
mt4_instruments_icon.pngSilver 10 lots 50 lots
mt4_instruments_icon.png CFDs-Cash 10 lots 50 lots
mt4_instruments_icon.png Stocks Not Available 10000 lots

Depending on your trading account and types of instruments you trade, the maximum lot size per transaction (ticket) you can trade varies following the above table. You can also find the list of the instruments and its maximum lot size limitation in your security folders on MT4 platform.

For example; if your account is Pro then the maximum lot size per ticket you can open on major symbols is 20 lots and so on. If you want to trade on Gold from your Pro PLUS account, you can open trades of 50 lots maximum.

Leverage

Leverage on Currencies, Gold, Silver are changeable and you can request to change it from your IMMFX BackOffice my.immfx.com. However, Oil, Gas, Stock Market Indices and individual stocks have fixed leverage that can’t be changed.

Pro Accounts Pro Plus Accounts
Leverage Flexible Leverage up to 1:200 Leverage up to 1:200

Minimum Transaction Volume

Using our MetaTrader 4 platform you can trade Forex market with the smallest size of lot

Pro Account 0.01 lot, steps: 0.01 lot on all instruments
Pro PLUS Account 0.01 lot, steps: 0.01 lot on all instruments while 1 lot on Stocks

Lot size steps are fixed for each type of account. As for Pro and Pro Plus, the next step lot size is 0.01. Therefore, when you place a trade with the minimum lot 0.01, your next step will be 0.02 lots and so on.

Default lot sizes

Currencies 100,000 currency units.
GOLD 100 Ounces
Silver 5000 Ounces
USOIL (WTI Crude Oil) 1000 Barrels.
UKOIL (Brent) 1000 Barrels.
Natural Gas 10000 mmBtu.
Stock Market Indices Click here for more details, then you can check Notional Value from Stock Market Specification tab.
Individual Stocks 1 Share per lot

Traders can select 0.10 or 0.01 lots or even o.11 to transact on any symbol.

For more details, visit Contract Specifications

Order Types

  • Market Execution: Buy or Sell at market prices
  • Pending Orders : Buy Limit, Sell Limit, Buy Stop, Sell Stop
  • Position management orders: Stop Loss, Take Profit, Trailing Stop, Close by and Multiple close by.

Please note that: Buy stop, Sell stop orders and stop loss are subject to slippage in fast market market movements and there is no 100 % guarantee to get your pre defined price.

All orders are GTC. (Pendings are good to cancel)

Stop/Limit Level

From 0 pips on currency pairs and metals and from 5 pips or as permitted on Platform for Indices and energies. Stop/limit level are the minimum distance from the market current price. For more details, see Contract Specifications

Maximum Simultaneous Open Orders

Pro Accounts Pro Plus Accounts
Maximum open + pending orders 300 1000

Execution Types

Market, 100% without Dealing Desk”.  No re-quotes or delays. Straight Through Processing “STP”.

Daily Trading Break

There is a daily 5 minute break in trading from 23:58-00:03 server time. Clients are able to see the prices streaming during this break. No orders can be placed, nor any pre-existing orders can be executed during this time. This is done to protect the Stop Loss positions from getting hit by the potential spread spike, in which; may occur over rollover time when Liquidity Providers reset their pricing for the new trading day at 00:00 server time (which is 17:00 New York City).

Trading Hours

From  00:05 on Sunday till  23:55 GMT on Friday according to our server time

Please note that our server Time is subject to Daylight Savings Time (DST), which begins on the last Sunday of March and ends on the last Sunday of October.

Winter: GMT+2

Summer: GMT+3 (DST)

Margin Call

The margin level is the percentage value based on the amount of accessible usable margin versus used margin. Technically, a 100% margin call level means that when your account margin level reaches 100%, you can still close your positions, but you cannot just take any new positions.

When you’re about to hit a margin call, there will be a ‘Red Alert’ in your MT4 platform. The margin call level is set to 100% for all account types.

Stop Out

A stop out level is a specific point at which some or all of your active trade positions will be closed automatically (starting from the biggest loser) because of a decrease in your margin levels, meaning we can no longer support those open positions. Currently, the stop out level is set to 30% for all account types.

Hedging

Hedging is allowed and margin-free. Please note that the spread may affects your big size hedged positions especially when it goes higher around news, daily trading break or weekends, you must avoid big size hedged positions if you don’t have sufficient money in your trading accounts.

Automated Trading

Automated Trading is allowed for all account types. For more details, check our Expert Advisors

Mobile Trading

Mobile Trading is allowed and free of charge. More details, visit Mobile Trading

Internal Transfer

Internal Transfer is allowed for the same account holder. You can easily transfer funds from your landing accounts to your MT4 trading accounts and vice versa. You can also transfer funds between your MT4 trading accounts.

Swap (Interest Rate)

Free for all account types exce. Swap free trading only for all active traders without exceptions.

Withdrawal

The amount deposited can be withdrawn to the source account; while trading profits shall be withdrawn to bank account via Wire Transfer. For instance, if the trader deposits $1000 through Credit Card and gained $500 by trading, he can only withdraw up to $1000 to the same Credit Card. The $500 profit shall be withdrawn through Wire Transfer.

Demo Account Server

IMMFX-Demo – IMMFX GROUP Ltd.

Live Account Server

IMMFX-Real – IMMFX GROUP Ltd.

High/Low and Stops

High and Low are recorded from BID price on charts, your stop loss on buying positions will be executed at bid price in addition to around -12 points for Micro Account, -6 point for Standard account and -3 points for Pro Account. Please note that there are lower points being recorded on some other pairs.

And your stop on selling positions will be executed at ASK price in addition to around + 12 point for Micro account, +6 point for Standard account and +3 point for Pro account. Please note that there are higher points being recorded on some other pairs.

Please note that Spreads may vary depending on the account type whether it is Micro, Standard or Pro as well as the currency pairs and existing market conditions. For that reason you may not see your stop level on chart.

Scalping

Scalping. You will not enter into any transactions which fall within the definition of Scalping or Sniper trading strategy or automated data entry system. Accordingly, Client transactions with short duration and with a win/loss ratio significantly in client favor may be deemed as abusive trading and will not be allowed; in such circumstances IMMFX reserves the rights to void/cancel part/all your abusive trading transactions, close all and any of your Trading Accounts and terminate the Trader Agreement.

Arbitrage

Price arbitrage strategies are prohibited and IMMFX determines, at its sole discretion, what determines a price arbitrage trading strategy.

Market Watch

All orders are executed according to the prices quoted on Market Watch, not from the charts which don’t match the prices on Market Watch. For more details visit Orders Execution Mechanism

Gap trading

Stop, buy stop, sell stop or take profits are executed at the next available price. For example, if you have BUY position on GER30 at 11000 with SL at 10050 and TP at 11050, if the market opened (after weekend or holiday) at 11070, then your Take Profit will be triggered at the next available price which may be around 11070. but if the market opened (after weekend or holiday) at 10000, then your Stop Loss will be triggered at the next available price which may around 10000.