Trading Conditions

The following trading conditions are subject to change without prior notice, from time to time, at our sole discretion. We will notify you of amendments to these trading conditions by updating them on this page and/or notifications by email.

If you are a current IMMFX client or planning to open an account later, you must read these conditions carefully and agree to any future changes. If you do not agree with these trading conditions, please do not create a trading account, or contact our support team immediately.

Trading Account Preference (Prime)

IMMFX offers one trading account suitable for all types of traders. You can trade currencies, metals, energies, stock indices, individual stocks, or cryptocurrencies, from same account and on same MT4 platform. For any account-related inquiry or assistance, please send an email to support@immfx.com.

Account Opening Minimum

IMMFX account require a minimum initial deposit of $100, after which, you can fund your account by as much as you want.

Account Currency

IMMFX accounts are denominated in US dollars. Any non-USD margin or commission will be converted to USD.

Bonuses

20% of your first deposit will be added to your account upon request. We don’t accept bonus hunting and external or internal hedging, aimed at profiting from the bonus percentage. Please note that bonuses are not available to all countries, and that the company may refuse to give it to any customer, as needed. For full details, please refer to Bonus terms and conditions.

Platform

MetaTrader 4 (MT4) (immfx4setup, 3.5Mb)

Account and Transaction Details

To view our tradable instruments, simply go to the Market Watch window on the MT4 platform, right-click on any of the listed symbols, and then select hide all, show all, or symbol.

Commission

The costs associated with trading are the commission fees charged by IMMFX for each executed trade. The commission is displayed with trade on the MT4 platform.

Minimum Transaction Volume

Using our MetaTrader 4 platform you can trade Forex market and most instruments with the smallest size of the lot which is 0.01 while the minimum trade size on stocks and cryptos is 1 lot

Maximum lot size per ticket

Depending on the types of instruments you trade or symbol folders on the platform, the maximum lot size per transaction (ticket) you can trade may vary. You can find the list of instruments and their respective maximum lot size limitations on the table above, or by right-clicking on Market Watch, then clicking on specification, on the MT4 platform.

Steps

Lot size steps are the minimum lot size when you want to add trades. For majors, the next step lot size is 0.01. Therefore, when you place a trade with the minimum lot 0.01, your next step will be 0.02 lots, while the minimum size is 1 in stocks and Cryptos, meaning the next step lot size is 2 lots.

Leverage

Leverage is flexible on currencies, gold, and silver, and you can request for changes directly from your IMMFX BackOffice at my.immfx.com. However, oil, gas, stock market indices, individual stocks, and cryptocurrencies, all have fixed leverage that cannot be changed.

Spreads

Variable spread on all trading instruments: very tight in normal market conditions, but may vary due to market volatility, liquidity, and news releases.

Note: You may experience higher than usual spreads especially on Crosses or exotic currency pairs at the end of the day or when markets close at the weekend. IMMFX is not responsible for such unusual high spreads, and may not accept any complaints regarding these. Planning your trades according to these terms is a must.

Margin Requirements

• The margin for forex and metals will be calculated as the following: Lots × Contract Size ÷Leverage× Currency Pair Current Exchange Rate
• The margin for stock indices will be calculated as the following: Lots × Contract Size × Market Price × Percentage ÷100.
• The margin for USOIL, UKOIL and NGAS will be calculated as the following: Margin: Lots × Contract Size × Market Price × 1 ÷100
• The margin for individual stocks will be calculated as the following: number of lots × market price × 10%. Please note that margins in EUR will be converted to USD on the platform automatically.
• The margin for cryptos will be calculated as the following: number of lots × market price × 20%. Please note that the margin in currencies other than USD will be converted to USD on the platform automatically.

For more details, see Contract Specifications

Default lot sizes

Currencies	100,000 currency units
GOLD	100 Ounces
Silver	5,000 Ounces
USOIL (WTI Crude Oil)	1,000 Barrels
UKOIL (Brent)	1,000 Barrels
Natural Gas	10,000 mmBtu
Stock Market Indices	Click here for more details
Individual Stocks	1 share per lot
Cryptocurrencies	1 coin per lot

Traders can select 0.10 or 0.01 lots or even 0.11 to transact on most of these symbols. For more details, visit Contract Specifications

Order Types

• Market execution: Buy or Sell at market prices
• Pending orders: Buy Limit, Sell Limit, Buy Stop, Sell Stop
• Position management orders: Stop Loss, Take Profit, Trailing Stop, Close by and Multiple close by

Please note: Buy stop, Sell stop orders, and stop loss, are subject to slippage in fast market movements, and there is no 100 % guarantee of getting your pre-defined price.

All orders are GTC. (Pendings are good to cancel)

Stop/Limit Level

From 0 pips on currency pairs and metals and from 50 pips or as permitted on the platform for indices and energies. Stop/limit levels are the minimum distance from the market current price needed to place limit or stop orders. For more details, see Contract Specifications

Maximum Simultaneous Open Orders

Maximum open + pending orders: 1,000

Execution Types

Market execution, without “Dealing Desk”. No re-quotes or delays with Straight Through Processing (STP).

Daily Trading Break

There is a daily 5-minute break in trading from 23:58-00:03 server time. Clients are able to see the prices streaming during this break. No orders can be placed, nor any pre-existing orders can be executed during this time. This is done to protect the Stop Loss positions from getting hit by the potential spread spike, which may occur during the rollover time when Liquidity Providers reset their pricing for the new trading day at 00:00 server time (which is 17:00 New York City).

Trading Hours

From 00:05 on Sunday to 23:55 on Friday, according to our server time (GMT+3).

Please note that our server Time is subject to Daylight Savings Time (DST), which begins on the last Sunday of March and ends on the last Sunday of October.

• Winter: GMT+2
• Summer: GMT+3 (DST)

Margin Call

The margin level is the percentage value based on the amount of accessible usable margin versus used margin. Technically, a 100% margin call level means that when your account margin level reaches 100%, you can still close your positions, but you cannot take any new ones.

When you’re about to hit a margin call, there will be a “red alert” on your MT4 platform. The margin call level is set to 100%.

Stop Out

A stop out level is a specific point at which some or all of your active trade positions will be closed automatically (starting from the biggest loser) because of a decrease in your margin levels, meaning we can no longer support those open positions. Currently, the stop out level is set to 30%.

Hedging

Hedging is allowed and margin-free, but note that the spread may affect your big-sized hedged positions especially when it goes higher based on the news, daily trading break, or weekends. You must avoid larger hedged positions if you don’t have sufficient funds in your trading accounts. To avoid losses or risk due to unexpected wider spreads, maintain sufficient balances in your account, even if the account is fully hedged.

Automated Trading

Automated Trading is allowed for all account types. For more details, check our Expert Advisors

Mobile Trading

Mobile Trading is allowed and free of charge. More details, visit Mobile Trading

Internal Transfer

Internal transfers are allowed for the same account holder. You can easily transfer funds from your landing accounts to your trading accounts and vice versa. You can also transfer funds between MT4 trading accounts.

Swap (Interest Rate)

Free for all account types: swap-free trading is available to all active traders, without exceptions.

Withdrawal

The amount deposited can be withdrawn to the source account; while trading profits shall be withdrawn to bank account via wire transfer. For instance, if the trader deposits $1,000 through credit card and gained $500 by trading, he can only withdraw up to $1,000 to the same credit card. The remaining $500 profit shall be withdrawn through wire transfer.

Servers

• Live Accounts: IMMFX-Real – IMMFX GROUP Ltd.
• Demo Accounts: IMMFX-Demo – IMMFX GROUP Ltd.

High/Low, Stops and Slippage

High and Low are recorded from the BID price on charts; your stop loss on buying positions will be executed at the bid price. And your stop on selling positions will be executed at ASK price.

Please note that Spreads may vary depending on the currency pairs and existing market conditions. For that reason, you may not see your stop level on the chart. For more details, visit Orders Execution Mechanism

Scalping

You will not enter into any transactions which fall within the definition of scalping, sniper trading strategy, or automated data entry system. Accordingly, client transactions with short duration and with a win/loss ratio significantly in the client’s favor may be deemed as abusive trading and will not be allowed. In such circumstances, IMMFX reserves the right to void/cancel part of or all your abusive trading transactions, close any or all of your trading accounts, and terminate the Trader Agreement.

Arbitrage

Price arbitrage strategies are prohibited and IMMFX determines, at its sole discretion, what determines a price arbitrage trading strategy.

Gap trading

Stop, buy stop, sell stop or take profits are executed at the next available price. For example, if you have a BUY position on GER30 at 11,000 with SL at 10,050 and TP at 11,050, if the market opened (after weekend or holiday) at 12,000, then your Take Profit will be triggered at the next available price which may be around 12,000. but if the market opened (after weekend or holiday) at 10,000, then your Stop Loss will be triggered at the next available price which may around 10,000.

Do you have an older account?

If you are still using Pro, Pro PLUS, Micro, or Standard Accounts, then the term and conditions applicable to you are downloadable here:

Trading Conditions – Pro and Pro PLUS