Join Us > Trade Essentials > Trading Accounts
A NoaFX trading account gives you the benefits and trading advantages that you are looking for, and the assistance and flexibility that you need to make successful trades. There are 4 different types of NoaFX trading accounts that you can pick from, and each may have different advantages. There is a trading account at NoaFX that is right for your trading style and preferred system, and you can choose from the following NoaFX trading account options:
Any of these NoaFX trading accounts can help you find the most competitive spreads, the fastest execution, and the education and training that you want to help you make more successful trades. Compare the various account types at NoaFX and then decide whether you want to try us out with a demo account, you are ready to go live, or if you are looking for a joint account or you are a corporation which wants to trade. No matter what your trading goals are, there are NoaFX account types that fit perfectly. Give NoaFX a try today and see what a difference we can make with your trading results.
An Ultra account is for traders who want to transit from a Demo to a Live trading account with a minimum deposit and minimum risk.
|NoaFX Ultra||NoaFX Pro|
|Minimum Funding Deposit||USD 10||USD 1,000|
|Maximum Funding Deposit||USD 5,000||-|
|Smallest Order Allowed||0.01||0.01|
|Liquidity Depth||20 LPs - ECN||Over 71 LPs - ECN|
|Slippage||Ultra Tight - almost NIL||Varies|
|Spreads||Ultra Tight - from 0.2 pips||From 1.6 pips|
|Fixed Spreads||Yes - From 0.2 pips||No|
|Floating spreads||No||Yes - True Bank Feed|
|Commissions||Yes - 0.5 pips (fixed)||No|
|Margin Call Level||100%||100%|
|Stop Out Level||50%||20%|
|Pending Order Gap Level||From 3 pips||0 pips|
|SMS Signal Notifications||*|
+ Scalping trades are defined as trades which;
The word "Binary" means two. A Binary Option is a form of an Options contract that takes a YES or a NO position on the price of a financial asset and have only two possible pay-offs, ALL or NOTHING. They are therefore called as "Binary" for this very reason.
Binary Options offer a very simple and direct way of trading on the various instruments, where the payoff is a fixed amount and so is the loss.
For a detailed overview on Binary Options please Click here.