To deposit money in a bank, you must create a bank account. Similarly, to participate in FX trading, you need to open a trading account for FX. While common FX exchanges typically offer 1 to 2 types of trading accounts, IS6FX provides a total of 6 types of trading accounts to satisfy a large number of people.
In this article, we will introduce 6 types of trading accounts along with their features for your reference.
Regarding the 4 permanent account types available at IS6FX
IS6FX regularly offers the following 4 types of accounts.
• Standard Account
• Micro Account
• Crypto Account
• EX Account
We will explain the details of each account type, so please explore which one best suits your needs.
Standard Account
The Standard Account is a trading account that allows you to trade advantageously using bonuses. As it’s eligible for an account opening bonus, it’s accessible even for those who cannot prepare substantial initial funds. The Standard Account is compatible with both MT4 and MT5.
On MT4, you can trade in 4 categories: “Forex,” “Precious Metals,” “Stock Indices,” and “Energy.” MT5 offers these plus “Stocks” trading. Both platforms are commission-free.
Micro Account
The Micro Account is designed for FX beginners, allowing trading with smaller amounts. For example, when trading “Forex,” while Standard Accounts require orders in units of 1 lot = 100,000, Micro Accounts allow orders in units of 1 lot = 1,000. With order units at 1/100th, even those with limited funds can enjoy FX trading.
Crypto Account
The Crypto Account is for cryptocurrency trading and is only available on MT5. You can trade with leverage without owning actual cryptocurrencies, making it possible to start crypto trading with a small investment. A distinctive feature of the Crypto Account is that trading is available on weekends. This makes it convenient for people who are busy during weekdays and find it difficult to secure trading time.
The Crypto Account is also eligible for new account opening bonuses. With various other bonus campaigns available, you can start cryptocurrency trading even with a small investment.
For more information about cryptocurrency, please refer here:
>Details about Cryptocurrency
EX Account
The EX Account is an industry-first (IS6FX exclusive) exchange account. While it was initially only available on MT5, the service has now been extended to MT4 as well. A key feature of the EX Account is that bonuses, which were previously only usable as margin, can now be converted to cash with each trade. The converted cash amount can be withdrawn. However, please note that some trades are not eligible for conversion, so carefully read the terms and conditions on the official website.
Additionally, there is a feature where “bonuses are reset if unrealized losses exceed the balance.” This is because positions are forcibly closed after the reset. Another feature is that “fund transfers are possible between EX Accounts.” However, please note that fund transfers between fiat currencies (JPY/USD) and cryptocurrencies (BTC/ETH/USDT/USDC) are not permitted.
About Special Accounts Available at IS6FX
At IS6FX, we also offer special accounts: the "Pro Zero Account" and the "6666x Leverage Account." These accounts have different features from our regular accounts and are recommended for those who want to trade aggressively and actively pursue trading profits. Here, we will explain the details of each special account.
Pro Zero Account
The Pro Zero Account is a special account characterized by its ultra-tight spreads. With significantly narrow spreads, it offers higher potential for profit compared to standard trading. Another feature of the Pro Zero Account is that it offers swap-free trading for major currencies. This benefits traders who hold positions for longer periods, such as those engaging in swing trading.
Additionally, the Pro Zero Account features a 10% margin call level, compared to the 20% margin call level of Standard Accounts, allowing for extended trading periods.
6666x Leverage Account
The 6666x Leverage Account offers the industry's highest leverage ratio. Even with limited investment capital, you can trade with high leverage, potentially leading to highly satisfactory trading experiences.
The 6666x Leverage Account is compatible with both MT4 and MT5. On MT4, it supports "JPY" and "USD" as account currencies. MT5 supports these plus "BTC," "ETH," "USDT," "USDC," and others.
2000x Leverage Account
As the name suggests, the "2000x Leverage Account" is a trading account that allows leverage up to 2000 times. It is currently only available on MT5. With high leverage trading capability, you can aim for substantial profits even with a small investment.
The 2000x Leverage Account allows trading in "Forex" and "Precious Metals." The minimum trading volume is 0.01 Lot, which is set quite low to make it accessible even for FX beginners.
For more details about the 2000x Leverage Account, please refer here: (MT5 only)
>Details of 2000x Leverage Account
Summary
In this section, we explained the account types available at IS6FX. To summarize, IS6FX offers the following seven accounts:
• Standard Account: An account that allows profitable trading using bonuses
• Micro Account: A beginner-friendly account for trading with small amounts
• Crypto Account: A dedicated cryptocurrency trading account
• EX Account: An account where bonuses can be converted to cash
• Pro Zero Account (Special Account): An account with ultra-tight spreads
• 6666x Leverage Account (Special Account): An account offering the industry's highest leverage
• 2000x Leverage Account: A trading account offering up to 2000x leverage
Since each account has different features, please explore which one best suits your needs. If you're unsure, we recommend starting with either a "Standard Account" or a "Micro Account."