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Account Types

At United World Capital we provide three types of accounts – LITEFOREX, MINIForex and REALForex – for clients with different trading skills. These account types differ in their minimal requirements and volume of traded contracts. Our company not only provides a reliable and top-notch service, but shows a flexible and attentive attitude towards each individual client.

LITEFOREX
The first group of accounts, also known as Lite accounts, is designed for beginner traders interested to learn forex trading, develop their trading strategies, test their automated trading systems, etc. These accounts are not intended for use by serious traders with serious investment strategies because of several limitations on these account types. These accounts are maintained on a dedicated UWC-Lite.com server with low fixed spreads on most popular Forex instruments. These accounts are non-interest-bearing accounts limited with number of trading instruments and simultaneous orders.

MINIForex
The second group of accounts, also known as Mini accounts, is designed for retail investors and this group of accounts is the most popular choice for the majority of our clients. These accounts are offering live market (starting from 0 pips) spreads on a vast variety of trading instruments. These accounts are maintained on a dedicated and powerful UWC-Real.com server offering denomination in the most popular world currencies. These accounts are unlimited with the number of simultaneous orders offering the fastest possible execution. These accounts are interest-bearing accounts.

REALForex
The third group of accounts, also known as Real accounts, is designed for professional investors such as experienced individual traders and financial institutions. These accounts are not recommended to the beginner investor because of the higher deposit and margin requirements. These accounts are offering a live market spread on unlimited trading instruments - we are virtually able to quote any world currency or trading instrument per client's request. These accounts are maintained on a dedicated and powerful UWC-Real.com server offering denomination in virtually all world currencies. These accounts are considered as a VIP-accounts providing a dedicated account manager. These accounts are high interest-bearing accounts.

Swap Free Account Option is available for all of the above accounts. Kindly note that the swap free option is intended for clients of the Islamic faith. For more information with regards to Swap Free accounts please click here.

Please check the information about the provided account types, and select the one that is best suited to meet your requirements:

Comparison Parameter LITEFOREX MINIForex REALForex
Deposit Currency USD USD, EUR, GBP, JPY, RUB USD, EUR, GBP, JPY, CHF, CAD, AUD, NZD, RUB, etc.
Trading Server UWC-Lite.com UWC-Real.com UWC-Real.com
Minimum Deposit* USD 10 USD 300 USD 5,000
Minimum Trade Volume 0.01 0.1 1.0
Volume Increment 0.01 0.1 1.0
Maximum Trade Volume 1 10 100
Leverage (FOREX) 500:1 - 100:1 200:1 - 10:1 100:1 - 1:1
Leverage (CFD) N/A 20:1 20:1
Locked Margin 50% 0% 0%
Margin Call Level 20% 100% 100%
Stop Out Level 10% 50% 50%
Annual Interest Rate** 0% 1.25% 3.50% (negotiated)

* If the deposit currency is not USD, the deposit size should be equal to the indicated amount.
** Interest is calculated on a daily basis and paid on the first day of each month

Further to described account types, we provide our clients with competitive SWAPs and market spreads as low as ZERO points, as well as with a wide variety of financial instruments quoted on different trading platforms (currency, stock and ware markets). Please read the Trading Instruments page on our Web site to get more information.

 

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Cyprus is a member state of:           European Union Market in Financial
Instruments Directive
Society for Worldwide Interbank
Financial Telecommunications
Cyprus International Financial
Services Association
United World Capital Limited is registered as a Cyprus Investment Firm (CIF) registration number HE230122 and licensed by the Cyprus Securities and Exchange Commission (CySEC) license number 093/08 in accordance with MiFID Directive. All retail client assets are insured by the Investor Compensation Fund up to the value of €20,000 per client.