FXOpen ECN/STP now accepts from 0.1 lots volume!

[FXOjafar]

Dear Clients

FXOpen's revolutionary ECN/STP service just got better!

On all live ECN/STP accounts, you may now place orders as small as 0.10 lots! (10,000 units of base currency)

This is great news for those of you who would like to try trading in the ECN world but have smaller account sizes.

If you are trading volumes less than 1.00 standard lots (100,000 base currency), there are however a few differences to the normal ECN model of execution

1) As not all of our liquidity providers accept orders of less than 1.00 standard lots, smaller volumes may need to be aggregated first and processed according to the STP model. This may mean there is a risk that you will not be filled, however during testing we have experienced a rejection rate of only a few %

2) Limit orders of less than 1.00 standard lots will not appear in the LVL II order book

3) Orders of less than 1.00 standard lots placed inside the spread will not cause the spread level to change but will be processed according to the STP model

Increments of 0.01 are still supported meaning you also trade 0.11 or 0.12 lots for example. The minimum volume is still 0.10 lots.

FXOpen strives to listen to you and improve it's services. Recent developments such as PAMM for account managers and now the lower minimum volume on ECN/STP just go to show that we take our client's suggestions seriously.

If you would like to suggest more improvements to FXOpen's services, please drop by our Client Proposals Forum and make a suggestion. If it is viable, your suggestion may be implemented!

We hope you like the latest improvement to FXOpen's ECN/STP service and we look forward to delivering more improvements in the near future.

Regards

FXOpen Management

[lizerzoltan]

great news.

one partly related question: Is it possible that standard acocunt also start to accept increments of 0.01 lots, ie to place orders like 0.13 lot, 0.22 lot?

Since it is possible on ECN( interbank) level, can it be implemented on FXopen's in house standard account in the future too?

[FXOjafar]

great news.

one partly related question: Is it possible that standard acocunt also start to accept increments of 0.01 lots, ie to place orders like 0.13 lot, 0.22 lot?

Since it is possible on ECN( interbank) level, can it be implemented on FXopen's in house standard account in the future too?

Hi Lizerzoltan

Feel free to make the suggestion in our proposals thread at http://forum.fxopen.com/forumdisplay.php?f=163 and it will be looked at.

You might also find a micro account more suitable for smaller volume trading. 0.1 lots micro is the same as 0.001 standard lots!

[TaKiii]

Sounds like a good way for smaller account holders to experience true market conditions. Perhaps it may help people get more profitable.

[FXOpen Manager]

Sounds like a good way for smaller account holders to experience true market conditions. Perhaps it may help people get more profitable.

Exactly!I believe that sooner or later most of the people will start to use ECN option.

[4EverMaAT]

This was something i was requesting from the very begining. But

I would also like to see standard fxopen accts be able to trade microlots. With the "micro acct", acct balance limit is $3k. This sucks!

[4EverMaAT]

So will the demo allow the new minimum lot sizes?

[FXOpen Manager]

So will the demo allow the new minimum lot sizes?

Yes 0.1 lot availabel on Demo and Live environment