Do not invest more money than you can afford to lose.
Online forex broker PrivateFX said on Monday it has introduced changes to the trading conditions for holders of Trading Account created with a possibility to make deposits from the accounts “1+1 resulting”. The change will concern the leverage, stop out and margin call levels.
For this type of account the broker will set leverage at a maximum 50:1. Meanwhile, the stop-out level will be set at 100% and the margin call level will be 150%.
The new conditions will come into effect as of 11 December, 2016, and will affect existing and new positions. They will not apply for PAMM accounts and Active Investor accounts, which were initially created from the accounts “1+1 resulting”.
PrivateFX offers several types of live trading accoutns – Personal Account (created automatically and designed to perform balance operations), Trading Account (designed for professional trade), PAMM account (a professional type of account), Active Investor Account (with all the features of a PAMM account, but with option for receiving trading signals from other PAMM Managers in the established ratio), and Binary Option Account (for binary option trading).
The PrivateFX group was set up in 2015 with the participation of the investment company Concorde Capital.The group consists of Private Innovative Society Ltd., which is based in St. Vincent and the Grenadines, and Cyprus-based Fiby Solutions Ltd. The group companies offer trading in forex and binary options via the MetaTrader 4 (MT4) trading platform, an industry leader.
Following is the current trading information about Trading Accounts:
