The PREMIERE Mini account uses the same state-of-the-art trading platform as the regular trading account. There is no additional software to download.



The minimum amount that is required to open a PREMIERE Mini trading account is $300. Of course, due to the high leverage and the extremely volatile nature of the FOREX market, the recommended minimum investment size is $1,000.
• Account Size
• Trade Size
• Pip/Tick Value
• Margin Requirement
• Spreads
• Rollover/Overnight Interest



On the PREMIERE Mini trading platform all trades are executed in standard sizes of 10,000 base currency per one lot. There is no maximum trading volume on the PREMIERE Mini trading platform.



Profit and loss is easy to calculate when trading on the PREMIERE Mini platform. In the EUR/USD and many other currency pairs, a one pip (or tick) movement in the exchange rate is equal to a $1 gain or loss in the account value per lot (and approximately $1 in the 14 other currency pairs).



Clients must maintain $100 in the account for each lot of currency being traded (approximately 100:1 leverage*). This amount does not change after 5:00 PM New York time, which is the rollover cut off, but stays constant at $100 per lot the entire day and overnight. There is also an important safety feature imbedded in this system, which prevents clients from losing more money than they have in the account. Once the account falls below $100 per lot, all positions are closed, and this acts as a final stop for those that have not set stop-loss orders to close losing positions.



PREMIERE maintains a tight spread of 3 pips in EUR/USD and USD/JPY.



In the spot forex market, trades must be settled in two business days. If a trader sells 10,000 euros on Tuesday, the trader must deliver 10,000 euros on Thursday, unless the position is rolled over. As a service to our traders, FXDD automatically rolls over all open positions to the next settlement date at 5:00 PM New York time. Rollover involves exchanging the position being held for a position expiring the following settlement date. The positions being exchanged are usually not valued at the same price. The amount of the difference varies greatly based on the currency pair, the interest rate differential between the two currencies, and fluctuates day to day with the movement of prices.

Note: On Wednesdays, the amount added or subtracted to an account as a result of rolling over a position tends to be around three times the usual amount. This "3-Day" rollover accounts for settlement of trades through the weekend period.


*Leverage Disclosure: Without proper risk management, a high degree of leverage can lead to large losses as well as gains.