Brokers News

Forex Time Introduces 1:1000 Leverage on Cent Accounts

May 07 2014 14:04:16 GMT
By
Stanimir Zhelev , ForexBrokerz.com Find me on Google+

International forex broker Forex Time has continued to deliver on their promise to provide outstanding products and services to traders by improving the trading conditions on their Cent Accounts. Under the changes introduced this week, investors can now trade with fixed leverage of up to 1:1000 for currencies and 1:500 for metals. These conditions are unrivalled by most other reputable brokers in the forex industry.

 

The improved leverage conditions make trading forex and metals even easier to understand and offer more flexibility when planning trades. The leverage can even be changed manually by traders, without having to request assistance, simply by logging into their MyFXTM account.  

 

Charis Mountis, Head of Dealing at Forex Time, said: “The change to our Cent accounts is a direct response to feedback we received from our traders who asked for better flexibility with leverage. The changes empower individual traders to set their own leverage, safe in the knowledge that the leverage is fixed and won’t change based on other conditions like the size of their positions. We also believe that our new limit of up to 1:1000 fixed leverage for currencies is unmatched by most other reputable forex brokers worldwide.”

 

FXTM's Cent accounts have been particularly popular because they offer clients the opportunity to trade currencies and precious metals with under a dollar, whilst still enjoying great leverage, low spreads and instant execution. Cent accounts are as simple as they sound because individual accounts, which can be in EUR or USD, are always shown in cents. 

 

As increased leverage also increases the risk of losses, traders are strongly encouraged to apply good risk management strategies to their accounts and to ensure adequate stop losses are in place to protect their assets.

 

For more information please visit: www.forextime.com 

TAGS: fxtm  forex time  forex cent accounts  cent account  forex broker  1:1000 leverage  gold leverage  1:500 

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