FX Electronic Trading

Versobank MetaTrader

MetaTrader 4 is one of the most popular FX trading platforms. It is suitable for traders of all skill levels. MetaTrader 4 offers access to OTC FX market, allowing fulfilment of leveraged transactions.

The platform provides on-line FX trading, reporting of the transactions, on-line monitoring of open positions and free margin level, technical analysis, developing and execution of various trading strategies.




Terms & Conditions

  • 32 currency pairs, including XAU
  • 24 hours access to FX market (24.00 Estonia time Sundays to 24.00 Estonia time Fridays)*
  • Account currency – USD
  • Minimum Initial margin – 5 000 USD
  • Maximum Initial margin – 60 000 USD
  • Leverage – up to 1:50
  • Minimum trade - 0.1 lot
  • Maximum trade – 30 lots
  • 1 lot – 100 000 of the base currency/100 troy ounces of gold
  • Margin call – 50%
  • Stop out – 20%
  • 3-day swap - Wensday, for EURRUB, USDRUB and USDCAD - Thursday

 

* From 12 March to 26 March, 2017 session closing time at 23:00 Tallinn time (daylight saving time in New York starts on second Sunday of March, while in Estonia on the last Sunday of March). From October 29 to November 5, 2017 session closing time at 23:00 Tallinn time (switching to winter time in Estonia begins last Sunday of October, and in New York on the first Sunday of November).


Instrument Specifications

 Currency pair

Required Margin, % 

 Minimum Spread
(under normal
market conditions)

Swap 

 AUDCAD

 2

5.8

Market+0.95% per year

 AUDCHF

 5

5.5

Market+0.95% per year

 AUDJPY

 5

4.8

Market+0.95% per year

 AUDNZD

 2

6.3

Market+0.95% per year

 AUDUSD

 2

2.9

Market+0.95% per year

 CADCHF

 5

6.7

Market+0.95% per year

 CADJPY

 5

4.8

Market+0.95% per year

 EURAUD

 4

6.7

Market+0.95% per year

 EURCAD

 4

6

Market+0.95% per year

 EURCHF

 7

2.9

Market+0.95% per year

 EURGBP

 10

2.9

Market+0.95% per year

 EURJPY

 7

3.3

Market+0.95% per year

 EURNZD

 4

7.6

Market+0.95% per year

 EURPLN

 10

23.8

Market+0.95% per year

   EURRUB**

 10

342

Market+0.95% per year

 EURUSD

 4

1.9

Market+0.95% per year

 GBPAUD

 8

7.6

Market+0.95% per year

 GBPCAD

 8

7.6

Market+0.95% per year

 GBPCHF

 11

6.7

Market+0.95% per year

 GBPJPY

 11

6.7

Market+0.95% per year

 GBPNZD

 8

10.1

Market+0.95% per year

 GBPUSD

 8

2.9

Market+0.95% per year

 NZDCAD

 2

7.6

Market+0.95% per year

 NZDCHF

 5

6.7

Market+0.95% per year

 NZDJPY

 5

5.7

Market+0.95% per year

 NZDUSD

 2

3.8

Market+0.95% per year

 USDCAD

 2

3.8

Market+0.95% per year

 USDCHF

 5

2.9

Market+0.95% per year

 USDJPY

 5

1.9

Market+0.95% per year

 USDPLN

 8

28.5

Market+0.95% per year

   USDRUB**

 8

213.8

Market+0.95% per year

 XAUUSD

 8

42.8

Market+0.95% per year


** Working hours: Monday - Friday from 09:00 till 22:00 (Estonian time)

Technical Requirements

The Client Terminal can operate under Microsoft Windows XP (SP3)/2003/Vista/2008/7/8/10. A processor that supports SSE2 instruction sets (generally: Intel CPUs since 2001 and AMD CPUs since 2003) is required for operating as well. Other hardware requirements depend on terms of using the terminal – load from running MQL4 applications, number of active instruments and charts, etc.

Download Versobank MetaTrader (MD5SUM 4e7abce1ed4b8133e05c22359c7162de)

Instructions how to create Demo Account (pdf)

To make your trading more convenient, the Bank provides you with Internet browser based WEB MetaTrader. You can trade and use various charts without installing the platform. It is suitable for any operation system.

WEB terminal demo

WEB terminal live


For more information on FX Electronic Trading, please contact us by e-mail:

IMPORTANT RISK DISCLAIMER!

FX Margin Trading is a financial service with substantial risks for professional or experienced retail investors. There is no guarantee that the invested amount will be maintained or will grow. Investor can lose substantial part or more than invested.

Before signing the agreement please read the contract terms and Description of FX Margin Trading and related risks and if needed consult investment adviser.


Links to Documents

Agreement on Financial Transactions and Establishment of Securities

General conditions of the contract for financial transactions and posting of collaterals

Annex to the Agreement on Financial Transactions and Establishment of Securities

Annex of use the Electronic Trading Platform to the Agreement on Financial Transactions and Establishment of Securities

Questionnaire for assessing the appropriateness and suitability in deciding the scope of investment services

Information about EMIR

Description of FX Margin Trading and related risks