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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. Not only does our company provide a reliable and top-notch service, but it also shows a flexible and attentive attitude to each individual client.

LITEForex
The first group of accounts, also known as Lite accounts, is designed for beginner traders eager 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 account type limitations. 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, limited with the 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; they are maintained on a dedicated and powerful UWC-Real.com server offering denomination in the most popular world currencies; and they are unlimited with the number of simultaneous orders offering the fastest possible execution. These accounts are interest-bearing.

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 beginner investors due to the higher deposit and margin requirements. These accounts offer 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; they are considered as VIP-accounts providing a dedicated account manager; last but not least, they 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 Islamic faith. For more information regarding Swap Free accounts please click here.

Please check the information about the provided account types, and select the one that meets your requirements best:

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 website to get more information.

 

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Financial Services
Authority (FSA)
Cyprus Securities and Exchange
Commission (CySEC)
Market in Financial
Instruments Directive
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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.