United World Capital provides three account types, customized to clients' trading skills: LITEForex, REALForex and Currenex. Our account types differ in their minimal requirements and volume of traded contracts.
LITEForexWe developed this account type for beginners eager to learn forex trading, develop their trading strategies, and test their automated trading systems. LITEForex is not intended for use by traders with serious investment strategies due to several account type limitations. It is maintained on a dedicated UWC-Lite.com server with low fixed spreads on most popular forex instruments. LITEForex is non-interest-bearing and limited with the number of trading instruments and simultaneous orders.
REALForexThis account type is a popular choice with our clients, and it is mainly designed for retail investors. REALForex offers live market spreads (starting from 0 pips) on a vast variety of trading instruments. It is maintained on a dedicated and powerful UWC-Real.com server offering denomination in the most popular world currencies. It is an interest-bearing trading account, with an unlimited number of simultaneous orders and the fastest execution possible.
CurrenexCurrenex Viking and Classic have been developed by Currenex to provide reliable and fastest direct access to FX trading by reason of direct execution of orders (NDD - Non-Dealing Desk execution) and utilizing Currenex liquidity. This is one of the biggest NDD systems offering the highest liquidity and fastest order execution. New functions available in these platforms will give the traders an opportunity for optimal usage of market movement and improved order execution at lower costs.
To know more about Currenex, click here.
Swap Free (Islamic) Accounts
This option is available only for Real account but is only intended for use for our clients of Islamic faith. To know more about swap-free accounts, click here.
In addition to our account types, we offer competitive swaps and market spreads as low as ZERO points, as well as a wide variety of financial instruments quoted on different trading platforms (currency, stock and ware markets). For further details go to the Trading Instruments page.
In the table below you can see the main features of our account types.
| Comparison parameter | LITEForex | REALForex | |
|---|---|---|---|
| Deposit Currency | USD, EUR | USD, EUR, GBP, JPY, RUB, CHF, CAD, AUD, NZD | |
| Trading instruments | Forex (Major, cross), Commodities | Forex, Shares CFD, Futures CFD, Commodities | |
| Trading Server | UWC-Lite.com | UWC-Real.com | |
| Digits | 4 | 4 | |
| Minimum Deposit1 | USD 25 | USD 300 | |
| Minimum Trade Volume | 0.01 | 0.1 | |
| Maximum account balance | Unlimited | Unlimited | |
| Volume Increment | 0.01 | 0.01 | |
| Maximum Trade Volume | 10 | 100 | |
| Spread | fixed | floating | |
| Leverage (FOREX)2 | 1:10 - 1:500 | 1:10 - 1:500 | |
| Leverage (Metals) | 1:50 | 1:50 | |
| Leverage (Shares CFD) | N/A | 1:20 | |
| Locked Margin3 | 25% | 50% | |
| Margin Call Level | 50% | 100% | |
| Stop Out Level | 10% | 50% | |
| Annual Interest Rate4 | N/A | 1.25% | |
| Swap-free | N/A | yes | |
1 These minimum deposits indicate the amounts needed to open a trade with any of our account types, with maximum leverage and minimum volume on all currency pairs. The minimum deposit amounts for metals are 50 USD for LITEForex, 500 USD for REALForex. Use our Trader’s Calculator for exact calculations on forex and CFD.
Please note that if your deposit currency is not USD, the deposit size should be equal to the amount indicated in the table above.
2 Lot size for Forex instruments. You can also see lot sizes for commodities, Shares CFD and Futures CFDIf the account balance is more than 30 000 USD or equivalent in other currency the Company reserves the right to change leverage as shown below:
0 - 30 000 - to 1:500
30 001 - 100 000 - to 1:200
100 001 - 500 000 - to 1:100
more than 500 000 - leverage negotiable
30 001 - 100 000 - to 1:200
100 001 - 500 000 - to 1:100
more than 500 000 - leverage negotiable
3 Total margin volume of opposite positions.
4 Interest is calculated on a daily basis and paid on the first day of each month.
