"Integral" trading accounts are designed for professional traders who have sufficient trading experience at the financial market and want to work within ECN Integral through the NFX Trades platform or via FIX-protocol. This type of account is characterized by very narrow bank spreads and holding a small fee for transactions (billed separately).
*Up to 10% of the account balance may be blocked of trade in order to secure the payment of fees, in case if the methods of fees prepayment or the inclusion in a spread are not switched on.
**In case if the transaction volume of less than 50K USD is less than 50% of the total number of transactions by the end of billing period then NordFX reserves the right to double the fee size for these transactions, including the previous period.
***Fee is indicated for $1 million (in one side). It has to be paid at the end of billing period by default. It may be partially or fully included at the spread on request.
****Trader has to control the level of margin ratio to the account balance by himself and can't allow its decrease below 100% by placing protective orders. In case of exceeding the specified level and the lack of protective orders, NordFX has the right to close one or several positions at the client's account, with an additional $25 fee per transaction.
Margin call - warning level, appears when ratio of funds to pledge becomes lower than allowed value. In this case dealer has the right (but not obliged) to close one or several client's positions according to market conditions.
Sell out - liquidation level, appears when ratio of funds to pledge becomes lower than allowed value. In this case platform will close one or several client's positions in order to avoid negative balance on the account.
3 easy steps to start trading through the ECN Integral:
1) Study the trading conditions carefully, as some trading strategies will not benefit from direct trade.
2) Setup any trading account within NordFX and deposit it with the funds at minimum level or more.
3) Contact our Support in any way you want notifying us with your account number and preferred access type (e.g. NFX Trades or FIX API)
Please note that NFX Trades platform is a professional terminal is not suitable for beginner traders. We try to offer the lowest market fees, so trading orders less than 50K USD are not welcomed. Remember the commission is made up of several parts, one of which is for carrying out the transactions through the bank counterparty. Carefully read the terms of trade, as some trading strategies will not benefit from direct trade.
Our customer support will be glad to answer all your questions concerning the direct trading through the ECN Integral.