Note: Forexmeta broker's website is down. The broker is out of business.
Based on the broker's website, there are several account types to choose from including standard, micro and mini. The minimum deposit requirement is higher than with most brokers - $500 for micro and mini accounts and $2,000 for standard. The promotional bonus is based on the amount of lot traded within 60 days of opening live account.
ForexMeta provides online foreign exchange services for traders of any experience. Established in 2007, ForexMeta strives to make forex trading available to all. The company is a dealing desk broker and is located in Sangamon St, Chicago. The broker is held by FXDD Malta LTD, licensed and registered in Malta with the MFSA as a category 3 investment company.
ForexMeta reviews and works with MetaTrader 4 software, one of the leading trading platforms in the world. The platform is flexible and customizable with full-range of trading tools. MetaTrader 4 supports wide variety of indicators, allows automated trading with expert advisors.
You can access the trading account on your iPhone or Android with real time pricing, charts, and overall account information.
The broker offers real time tradable prices from multiple banks with single click order execution.
The broker offers mini, micro and standard accounts. For traders who need practice, demo account is available for the maximum of 60 days, however you can create new demo accounts after that for practice and strategy testing.
Block/PAMM master trading accounts are available for asset managers and institutions.
ForexMeta provides multi-bank pricing on 21 currency pairs, Gold, and Silver. The maximum leverage is 400:1. The minimum lot size is 0.01 (1,000 units).
Please note that at this moment, US residents are not accepted.
Scalping and hedging techniques are allowed on the MetaTrader interface for any of your positions without restrictions.
ForexMeta offers fractional lot trading. You can trade mini, micro, or standard lots. Traders have one account in US dollars for all positions. All margin requirements are automatically calculated using the current market prices.
When a position is held past 5pm EST or New York Time), the position is automatically rolled-over to the next available spot settlement date by the broker.
Your funds are held in segregated accounts on your name at JP Morgan Chase Bank in order to ensure maximum security.
The minimum deposit requirement for mini or micro account is $500, which is higher than with most online forex brokers today. For standard account, you have to make a deposit of at least $2,000. Available payment methods include wire transfer, ClickandBuy and paypal. Deposits are accepted only in USD.
The bonus received depends on the following trading conditions:
Receive $100 after 40+ full lot closed trades in the first 60 days of the account approval.
Receive $200 Level after 80+ full lot closed trades in the first 60 days of the account approval.
Receive $300 Level after 120+ full lot closed trades in the first 60 days of the account approval.
Receive $400 Level after 160+ full lot closed trades in the first 60 days of the account approval.
Receive $500 Level after 180+ full lot closed trades in the first 60 days of the account approval.
In order to claim your bonus, please get in touch with the customer support. The bonus is not automatic and needs your request.
Customer support is accessible via email, web chat and phone to answer your questions and request, providing traders with high quality technical support, trading executions and educational materials.