FXFlat features a wide variety of accounts, and as a forex and CFDs broker, it has a significantly larger number of account types than what we typically see with brokers.
A Forex/CFDs Demo account is a great way to get started with getting the know the platform you will be trading on, without being overwhelmed by the pressure of possibly losing your hard earned investment. Obviously, with a Demo account, you are trading with virtual money in a risk free environment which is an amazing starting point for any trader regardless of what their trading focus is.
When it comes to other account types, FXFlat calls them Account Packages and they basically differ according to the minimum deposit amount and various features included in each type:
Starter Package
- Deposit 200,- EUR to 5.000,- EUR
- Forex leverage 1:100
- Indices leverage 1:100
- Metals leverage 1:50
- Oil leverage 1:50
- Equities Germany 1:5
- Equities US 1:10
- Interests 1:50
- WE-Margin Double
- Margin close 100%
- Negative Balance Protection Yes
Standard Package
- Deposit 200,- EUR to 100.000,- EUR
- Forex leverage 1:200
- Indices leverage 1:200
- Metals leverage 1:100
- Oil leverage 1:100
- Equities Germany 1:10
- Equities US 1:20
- Interests 1:100
- WE-Margin Double
- Margin close 100%
- Negative Balance Protection Yes
Professional Package
- Deposit from 100.000,- EUR
- Forex leverage 1:200
- Indices leverage 1:200
- Metals leverage 1:100
- Oil leverage 1:100
- Equities Germany 1:10
- Equities US 1:20
- Interests 1:100
- WE-Margin Double
- Margin close 100%
- Negative Balance Protection No
AlphaTrader UK
- Deposit from 200,- EUR
- Forex leverage 1:200
- Indices leverage 1:200
- Metals leverage 1:200
- Oil leverage 1:200
- Equities Germany 1:20
- Equities US 1:20
- Interests 1:100
- WE-Margin Unchanged
- Margin close 100%
- Negative Balance Protection Yes (but only retail clients)