Trading conditions
Forex trading conditions you can read in one minute
Market execution, published spreads and commissions, leverage you choose, clear margin call and stop-out levels, and negative balance protection on every live account.
CFDs are leveraged products and carry a high risk of losing money rapidly. Read the risk disclosure.
- Execution
- Market
- Leverage up to
- 1:2,000
- Minimum trade
- 0.01 lots
- Negative balance
- Protected
- live accounts
At a glance
Conditions on every WoonFX account
The same execution rules and protections apply on Standard, Pro and Raw Spread. Pricing and stop-out levels differ by account.
Market execution
Orders fill at the best available price: buys at the ask, sells at the bid. No requotes by design.
Published costs
Spreads, commissions and swaps are listed per instrument and shown on every trade confirmation.
Leverage you choose
Up to 1:2,000 on forex, metals, indices and energies; lower caps on stocks and crypto.
Margin call alerts
You are notified when your margin level reaches the margin call level of your account.
Negative balance protection
If a stop out in a fast market leaves a negative balance, it is reset to zero.
Long market hours
Forex 24/5, metals, indices and energies nearly 24/5, crypto 7 days a week.
By account
Spreads, commission and levels per account
| Condition | Standard | Pro | Raw Spread |
|---|---|---|---|
| Spreads from | 0.8 pips | 0.2 pips | 0.0 pips |
| Commission (forex, metals) | None | None | $3.50 per lot per side |
| Maximum leverage | 1:2,000 | 1:2,000 | 1:2,000 |
| Margin call level | 100% | 100% | 100% |
| Stop-out level | 50% | 30% | 30% |
| Minimum deposit | $10 | $200 | $500 |
Live from the WoonFX platform. Commission is per lot per side. Spreads are variable. [Confirm before launch]
Execution
How your orders are filled
WoonFX uses market execution. Your order is filled at the best price available when it reaches the server, so there are no requotes, but in fast markets the fill can differ from the price you saw on screen (slippage), in either direction.
Every fill follows the same rules, which are applied identically on the mobile app, the web terminal and to pending orders, stop loss and take profit triggers.
- 1Buy at the ask, sell at the bidMarket orders fill at the executable side of the price. Positions close on the opposite side: buys at the bid, sells at the ask.
- 2Pending orders on the executable sideBuy limit below the ask, buy stop above it; sell limit above the bid, sell stop below it. Triggers are checked on the side you would trade.
- 3Margin re-checked at triggerWhen a pending order triggers, free margin is checked again. If there is not enough, the order is rejected rather than over-leveraging the account.
- 4Stop loss and take profitSL and TP trigger on the closing side and are re-validated before execution. A minimum distance from the price may apply per instrument.
Order types
Market and pending orders
Every order type is available on the WoonFX mobile app and the web terminal.
Market
Execute now at the best available price.
Buy limit
Buy below the current ask when the price falls to your level.
Buy stop
Buy above the current ask when the price rises through your level.
Sell limit
Sell above the current bid when the price rises to your level.
Sell stop
Sell below the current bid when the price falls through your level.
Stop loss / take profit
Attached to any position or pending order to close it at a loss limit or profit target.
GTC / GTD
Pending orders stay active until cancelled, or until a date and time you choose.
Margin call and stop out
Know exactly when positions are protected
Your margin level is equity divided by used margin, times 100. While it stays above the margin call level, nothing happens. At the margin call level (Standard 100%, Pro 100%, Raw Spread 100%) we notify you so you can add funds or reduce positions.
If the margin level falls to the stop-out level (Standard 50%, Pro 30%, Raw Spread 30%), the platform closes your least profitable position first, then re-checks, until the level recovers.
Negative balance protection
You cannot lose more than your deposit
Markets can gap over weekends or around major news. If a stop out leaves a live account with a negative balance, WoonFX resets it to zero after settlement, so you never owe more than you deposited.
Account balance after a fast market
FAQ
Trading conditions FAQ
More answers in the WoonFX help centre.
What type of execution does WoonFX use?
Does WoonFX offer negative balance protection?
What are the margin call and stop-out levels?
What is the minimum and maximum trade size?
Open your WoonFX account in minutes
Register, verify and fund with USDT, BTC, ETH or bank transfer. Or start with a free demo account and practise first.
CFDs are leveraged products and carry a high risk of losing money rapidly. Read the risk disclosure.