Account Type

MagKing Forex trading account type

Micro account

  • Select base currency
  • USD, EUR, GBP, JPY, CHF,
    AUD, HUF, PLN, RUB, SGD, ZAR
  • Contract size
  • 1 lot = 1,000
  • Leverage*
  • 1:1 to 1:888 (5 USD-20,000 USD)
    1:1 to 1:200 (20,001 USD-100,000 USD)
    1:1 to 1:100 (100,001 + USD)
  • Negative balance protection policy
  • All professional communications
  • As low as 1 point
  • Commission
  • Maximum open/waiting orders per client
  • 200 locations
  • Minimum transaction quantity
  • 0.01 lot (MT4)
    0.1 lot (MT5)
  • Limits per ticket
  • 100 lots
  • Allow order lock
  • Islamic account
  • Select
  • Minimum deposit
  • 5$

Standard account

  • Select base currency
  • USD, EUR, GBP, JPY, CHF,
    AUD, HUF, PLN, RUB, SGD, ZAR
  • Contract size
  • 1 lot = 100,000
  • Leverage*
  • 1:1 to 1:888 (5 USD-20,000 USD)
    1:1 to 1:200 (20,001 USD-100,000 USD)
    1:1 to 1:100 (100,001 + USD)
  • Negative balance protection policy
  • All professional communications
  • As low as 1 point
  • Commission
  • Maximum open/waiting orders per client
  • 200 locations
  • Minimum transaction quantity
  • 0.01 lot
  • Limits per ticket
  • 50 lots
  • Allow order lock
  • Islamic account
  • Select
  • Minimum deposit
  • 5$

MagKing Ultra Low account

  • Select base currency
  • EUR, USD, GBP, AUD, ZAR, SGD
  • Contract size
  • Standard Ultra: 1 lot = 100,000
    Micro Ultra: 1 lot = 1,000
  • Leverage*
  • 1:1 to 1:888 ($50 – $20,000)
    1:1 to 1:200 ($20,001 – $100,000)
    1:1 to 1:100 (100,001 USD +)
  • Negative balance protection policy
  • All professional communications
  • As low as 0.6 points
  • Commission
  • Maximum open/waiting orders per client
  • 200 locations
  • Minimum transaction quantity
  • Standard Ultra: 0.01 lot
    Micro Ultra: 0.1 lot
  • Limits per ticket
  • Standard Ultra: 50 hands
    Micro Ultra: 100 hands
  • Allow order lock
  • Islamic account
  • Select
  • Minimum deposit
  • 50$

Stock account

  • Select base currency
  • USD
  • Contract size
  • 1 share
  • Leverage
  • No leverage operation
  • Negative balance protection policy
  • Spreads
  • Depends on the stock exchange
  • Commission
  • Maximum open/waiting orders per client
  • 50 locations
  • Minimum transaction quantity
  • 1 lot
  • Limits per ticket
  • Depends on different stock commodities
  • Allow order lock
  • Islamic account
  • Minimum deposit
  • 10,000$
* The scope of application of leverage is calculated based on the cumulative amount of total funds in all trading accounts held by MagKing Forex Group.

The above table is for reference only. MagKing Forex is happy to tailor solutions for every customer. If the deposit currency is not USD, the final display will be the amount converted from USD to the deposit currency.

If you are new to Forex, then demo account is to test you The best choice for trading potential. You can trade with virtual funds without taking any risks, because profits and losses are simulated. After you have tested trading strategies, learned to master market trends and how to place orders, you can start the next step, establish a real account and trade real funds.