Account Types

DirektFX Offers one type of an account to all our clients , with its great history relation with the its partners in the swiss Banking field , we have developed a great solution for net worth investors and high individuals and hedge funds entities where they can access the ECN Model directly through our platform and enjoy the transparent execution and the great pricing of the fx currency pairs and CFDs .

ECN Account is the recent technological line to enter the transparent FX Market .

ECN “Electronic Communication Network” Model :

ECN Trading Conditions:

• Tight Spread
• Low Commission
• Market depth
• Instant execution
• Equal rights to all traders
• Clients are acting as brokers

With its great conditions , ECN Model allows the clients through DirektFX MT4 platform to access and execute the trades are it appears on their platform , the aggregation technology of pricing offer the client the lowest spread and the fastest execution time .

Aggregating the data feed and studying the market prices in less than 1 mille second this result to offering the best price on spread to the client and insure the easiest way of granting its execution in instant way .

Lot Size:

The minimal acceptable order size is 0.01 lot of the primary currency where 1pip value is 1 USD , There is no maximum lot size limitation, except available liquidity, marginal requirements and maximum instrument exposure.

Trading hours

The forex market is available for trading 24 hours a day, five and one-half days per week. from market opening on Sunday, 21:00 GMT during Summer Time (22:00 GMT during Winter Time) until market close on Friday, 21:00 GMT during Summer Time (22:00 GMT during Winter Time). However, just because you can trade the market any time of the day or night doesn’t necessarily mean that you should. Most successful day traders understand that more trades are successful if conducted when market activity is high and that it is best to avoid times when trading is light.

Settlement Procedure

Most FX spot positions have a value date of T+2. This means they settle two business days after the day of execution. There are some exceptions to this; USDTRY, USDRUB and USDCAD, which all have a value date of T+1.

At DirektFX, FX spot positions do not settle. Instead, open positions held at the end of a trading day are rolled over to the new spot value date as described under ‘Tom/Next rollover’