Traditional forex accountForex Islamic Accounts

Find the Trading Account that best suits your needs.

Keeping in mind your needs and budget, we have introduced different accounts. Compare and select the best trading account that caters for all your needs. There is something for everyone here.

Mini

Most selected by Traders

MicroEliteDGCX
Minimum depositUSD100USD2000USD10000USD5000USD10,000
Minimum Lot Size0.01 lot0.1 lot1 lot1 lot1 lot
PlatformMetaTrader 4
Mobile Trading
MetaTrader 4
Mobile Trading
MetaTrader 4
Mobile Trading
EOS
MetaTrader4
Mobile Trading
EOS
MetaTrader4
Mobile Trading
Minimum spread1.2 pips0.8 pips0.5 pips0 pips0 pips
Instruments58 currency pairs, gold and silver58 currency pairs, gold and silver, 13 CFD instruments58 currency pairs, gold and silver, 13 CFD instrumentsGold & Silver, Copper, 8 Currency pairs (Mini Rupee), WTI & Brent, Plastic futures and SensexGold & Silver, Copper, 8 Currency pairs, WTI & Brent, Plastic futures and Sensex
Max leverage1:1 to 1:500 for forex, 1:200 for precious metals1:1 to 1:200 for forex, 1:100 for precious metals, fixed margin for CFDs1:1 to 1:100 for forex, precious metals, fixed margin for CFDsLeverage in DGCX is based on fixed margin.Leverage in DGCX is based on fixed margin.
Order executionmarket executionmarket executionmarket executionmarket executionmarket execution
Stop out level50%50%50%50%50%
Spreadfloatingfloatingfloatingfloatingfloating
CommissionNoNoYesYesYes
Demo accountcheck listcheck listcheck listcheck listcheck list
MicroShow all features arrow
Minimum depositUSD100
PlatformMetaTrader 4
Mobile Trading
Minimum spread1.2 pips
Instruments58 currency pairs, gold and silver, 13 CFD instruments
Max leverage1:1 to 1:500 for forex, 1:200 for precious metals
Demo accountcheck list
Mini

Most popular

Show all features arrow
Minimum depositUSD2000
PlatformMetaTrader 4
Mobile Trading
Minimum spread0.8 pips
Instruments58 currency pairs, gold and silver, 13 CFD instruments
Max leverage1:1 to 1:200 for forex, 1:100 for precious metals, fixed margin for CFDs
Demo accountcheck list
EliteShow all features arrow
Minimum depositUSD10000
PlatformMetaTrader 4
Mobile Trading
Currenex
Minimum spread0.5 pips
Instruments58 currency pairs, gold and silver, 13 CFD instruments
Max leverage1:1 to 1:100 for forex, precious metals, fixed margin for CFDs
Demo accountcheck list
DGCXShow all features arrow
Minimum depositUSD5,000
USD10,000
PlatformMetaTrader 4
ٍEOS
Minimum spread0 pips
0 pips
InstrumentsGold & Silver, Copper, 8 Currency pairs (Mini Rupee), WTI & Brent, Plastic futures and Sensex
Gold & Silver, Copper, 8 Currency pairs, WTI & Brent, Plastic futures and Sensex
Max leverageLeverage in DGCX is based on fixed margin.
Leverage in DGCX is based on fixed margin.
Demo accountcheck list

 

Islamic Accounts

Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith. We offer our Islamic accounts to Traders following the Muslim faith and Sharia Law on finance.

Swap-Free Sharia Compliant Forex Trading Accounts:

Muslims are prohibited to pay or receive interest in any form. Hence, it becomes highly inconvenient for many Muslim traders to trade in forex as it involves paying daily interest, also called as swap charge or overnight rollover charge. This kind of interest is charged by brokers on all the open positions and it is directly paid to the banks. Keeping in mind the Islamic Sharia Laws that prohibit Muslim traders to pay interest on their open forex positions, PCM Brokers introduces to you the Islamic Accounts. We don’t charge interest in any form to the Islamic Accounts. However, to discourage people from taking unnecessary advantage of this added benefit, we do charge a maintenance fee on any position that is kept open for more than 7 days at $4 per standard lot per day.

Terms and conditions for Islamic Account:
  • Traders benefiting from Islamic accounts can hold their positions for an undetermined period of time without incurring any interest, however positions held for more than a week will be charged a maintenance fee of USD 4 (or equivalent) per lot per day.
  • Islamic trading account conditions are offered for all account types, regardless of base currency or leverage offered.
  • The only determining factor to Islamic account eligibility is that the trader must be muslem.
  • In the case of abuse/suspicion of abuse, PCM Brokers may at its sole discretion decide to close all open positions and remove the swap free conditions.
  • PCM Brokers reserves the right to discontinue an Islamic/swap free account without warning.
  • The trader acknowledges and agrees that in case of loss caused to PCM Brokers, due to rollovers of positions on swap-free account(s), PCM Brokers will have the right to obtain said loss from the trader by debiting any of their accounts by the amount. If the trader’s accounts hold insufficient funds to compensate, the trader agrees to wire the requested amount to their account(s) upon PCM Brokers first request.
  • In additional to these particular terms and conditions for Islamic Account, the trader affirms that he/she already read and agreed to the terms and conditions of the general account opening trader’s agreement.

 

 

 

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