| Phi
Forex Mini Account
Account Size:
Commission: NO Commissions Charged
Trading Sizes:
1 lot = 10,000 of the base currency (approximately $10,000) |
Pip/Tick
Value:
1 Pip = $1 in EUR/USD, GBP/USD, AUD/USD (and approximately $1
in the 14 other currency pairs)
Margin Requirement:
1% per lot
| Currency |
Mini
Account |
100k
Account |
EUR Based Currency Pairs
(EUR/USD, EUR/GBP, EUR/JPY, EUR/CHF, EUR/CAD, EUR/ AUD)
|
$100 Per Lot
New Margin Requirement |
$1000 Per Lot
New Margin Requirement |
| GBP Based Currency Pairs
(GBP/USD, GBP/JPY, GBP/CHF) |
$100 Per Lot
New Margin Requirement |
$1000 Per Lot
New Margin Requirement |
All Other Currency Pairs
(USD/JPY, USD/CHF, USD/CAD, AUD/USD, AUD/CAD, AUD/JPY, NZD/AUD,
NZD/USD)
|
$100 Per Lot
No Change From Existing Requirements |
$1000 Per Lot
No Change From Existing Requirements |
Spreads:
5 pips in EUR/USD and USD/JPY
Rollover/Over
Night Interest:
Positions held at 5:00 PM New York Time are charged
$1 rollover fee per lot. |
