Basic Knowledge to Trade

课程 5  Trade Account (Trade)

Trade Account

Explore the various account types available on the IUX platform, including the Standard, Standard+, Raw, and Pro accounts. Each of these accounts is designed to meet the specific needs of different traders, allowing them to choose the option that best suits their trading style and objectives.

 

Standard Account

The standard account on the IUX broker platform is designed for entry-level traders and those who are looking for a straightforward trading experience with minimal costs. It is one of the most accessible account types, with a low minimum deposit requirement of $10, spread starting from 0.2 pips, no commissions, and offers leverage up to 1:3000, making it ideal for new traders who want to explore the markets with a low starting cost while still benefiting from flexible trading conditions and robust platform support.

 

Standard+ Account 

The standard+ account on the IUX broker platform is designed for traders who want to enhance their trading experience with additional benefits while maintaining a low-cost entry. This account type builds upon the Standard Account by offering a low minimum deposit requirement of $10, deposit bonuses offering up to 100%, providing spreads starting from 0.5 pips, leverage up to 1:1000, and no commission fees, making it appealing to traders seeking to grow their capital more quickly.

 

Raw Account 

The raw account on the IUX trading platform is designed for traders seeking a cost-effective and transparent trading experience with spreads starting from 0.0 pip, fixed commission of approximately $3 per traded lot, no swap fees, leverage ratio up to 1:3000, and fast order execution. It is particularly suited for high-frequency and professional traders who want to minimize costs while maximizing their trading potential. 

 

Pro Account

The pro account on the IUX trading platform is tailored for professional and high-frequency traders seeking optimal trading conditions. This account type is designed for those who require the best trading conditions, including low spreads starting from 0.1 pips, high leverage up to 1:3000, fast order execution speeds with no commission fees, a minimum deposit of $500, and advanced trading capabilities.

 

Traders of all account types are able to access a wide variety of financial instruments, including forex, commodities, stocks, cryptocurrencies, and indices, providing plenty of options for portfolio diversification. 

 

Portfolio

The portfolio will consist of accounts, positions, and orders, which will appear on the window.

 

1. Account

Account is the trader's asset trading account. It shows the amount of money that traders have and is ready to trade. Allocate funds show unrealized profit/loss and accumulated capital.

Which consists of:

 

Balance

Balance is the amount of money deposited into the account or the amount of money available in the account. 

This balance reflects profit/loss from closed positions only.

For example, if a trader has a capital of 1000 USD, the balance will show 1000 USD, but if the trade is later closed and the profit is 50 USD. Your balance will show 1050 USD.

 

Credit

Credit is money that the broker gives to the trader. Or maybe it is a special bonus from brokers for use in trading. 

IUX traders can earn credits from

  1. Welcome Bonus
  2. Internal Transfer
  3. Partner Transfer
  4. Deposit Bonus

 

Equity

Equity is similar to balance, except this equity includes profits/losses. where the trader has not yet closed the trading position or the profit/loss has not yet analyzed, which will change all the time

 

2. Position

Position is the position where the trader is holding the asset, or the asset is currently being traded. Each trade of a financial asset is counted as 1 position and is stored in your portfolio. 

Which consists of:

  1. Margin Free
  2. Margin Level (%)
  3. Margin

 

Example: A trader bought 0.01 lot of XAUUSD using leverage of 1:1,000 at the opening point of 2723.06. Here is what happened:

Balance = 1,000 USD

Credit = 0.0

Equity = 1,010.86 USD

Free Margin = 1,008.14 USD

Margin = 2.72 USD

Margin Level (%) = 37163.97

And currently, the price is at 2734.84, making an increased profit from the original point of 11.76 USD.

 

3. Order

An order is an order to buy or sell an asset in advance. This order will be traded later in the system because you set the price point you want to trade at. This trading will happen while the market is closed.

 

The portfolio is a very important aspect that traders need to understand. To develop potential and be able to always create efficiency and diversify the risk of their own portfolio.