Risk warning. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Consider whether you can afford to take the high risk of losing your money.
Accounts
Standard, Raw and Pro trade the same 51 instruments in the same OGOFX web terminal. What changes is how a trade is priced, the first deposit and the maximum leverage.
Terms read from the OGOFX platform. Spreads are variable: the EURUSD figure is the lowest spread the account can show, and the live spread moves with the market and can be wider.
Spread-only pricing with no commission
0.1 pips EURUSD spread from
Raw spreads plus $7 commission a lot, charged once when the position opens
0.0 pips EURUSD spread from
Raw spreads plus $5 commission a lot, charged once when the position opens
0.0 pips EURUSD spread from
Standard has no commission; its markup is in the spread ($1 a lot on currency pairs, 50% of the spread on metals, indices and energy). Its EURUSD spread starts from 0.1 pips.
Raw and Pro have the liquidity provider's raw spread plus commission per lot, charged once when the position opens: $7 a lot on Raw and $5 a lot on Pro. The commission covers the round turn, so closing the position adds no second charge. Their EURUSD spread starts from 0.0 pips on Raw and 0.0 pips on Pro.
On every account, a position held past the daily rollover is charged or paid swap. The rates are the same on all three accounts and are shown in US dollars per lot per night on the Fees page.
The account type changes the pricing, the first deposit and the leverage. Everything else is shared.
32 currency pairs, 5 metals, 11 indices and 3 energy CFDs, on every account.
Charts, studies, drawing tools and orders in the browser, with nothing to install, and its own layout on a phone.
Orders are executed at market through our liquidity provider. Market, limit and stop orders, stop loss, take profit, one-click trading and partial close.
Deposits and withdrawals in USDT on BNB Smart Chain, once you are verified. Accounts are held in USD, with USDT credited one to one.
The same swap rates on all three accounts: the provider's rate with a 50% markup, so a charged swap is larger and a paid swap smaller.
A loss deeper than the balance is written off; the balance stops at zero.
No account is right for everyone. Three things decide which one fits you.
On Standard there is no commission; its markup is in the spread: $1 a lot on currency pairs, and 50% of the spread on metals, indices and energy. On Raw and Pro you trade the liquidity provider's raw spread and pay a fixed commission per lot, charged once when the position opens: $7 on Raw, $5 on Pro. Spreads move with the market on every account. Compare the spreads of all three accounts and the commission, instrument by instrument, on the Fees page.
The minimum first deposit is $5 on Standard, $5,000 on Raw and $20,000 on Pro.
You choose leverage when you open the account, from 1:1 up to the account maximum: 1:500 on Standard, 1:500 on Raw and 1:200 on Pro. Higher leverage means less margin per position, so the same equity can carry larger positions, and losses grow with them. See Leverage and margin.
Each account can hold up to 2 lots open in one instrument, so the largest order is 2 lots. The cap is per instrument on each account, not a total for the account. You can hold up to 3 trading accounts.
| Term | Standard | Raw | Pro |
|---|---|---|---|
| Pricing | No commission; markup in the spread | Raw spread plus commission | Raw spread plus commission |
| Built into the spread on currency pairs | $1 a lot | None | None |
| Added to the spread on metals, indices and energy | 50% | None | None |
| EURUSD spread from | 0.1 pips | 0.0 pips | 0.0 pips |
| Commission per lot, charged once when the position opens | None | $7 | $5 |
| Swap markup on the provider's rate | 50% | 50% | 50% |
| Minimum first deposit | $5 | $5,000 | $20,000 |
| Maximum leverage | 1:500 | 1:500 | 1:200 |
| Margin call / stop-out | 100% / 50% | 100% / 50% | 100% / 50% |
| Most lots open in one instrument | 2 lots | 2 lots | 2 lots |
| Largest order | 2 lots | 2 lots | 2 lots |
| Instruments | 51 | 51 | 51 |
A charged swap is made larger by the swap markup and a paid swap smaller. Read each account in full: Standard, Raw, Pro. Contract sizes, minimum lots and lot steps per instrument are in the contract specifications.
Every trading account you open is listed in the OGOFX client portal, with its own BEP20 USDT deposit address. The portal also holds your wallet: you can move money between the wallet and your trading accounts, and request a withdrawal from the wallet or from a trading account's free margin. The terminal opens from the portal too.
You can protect your sign-in with an authenticator app (two-factor authentication, with recovery codes).
The same path for Standard, Raw and Pro.
Name, email, mobile number, country of residence and a password, then confirm your email.
Upload a photo ID and a proof of address. A person on our team reviews them. Only verified clients can deposit or withdraw.
Pick Standard, Raw or Pro and your leverage in the client portal.
Send USDT (BEP20) to the account's own address: at least the account's minimum first deposit. It is credited after the network confirms the transfer.
Open the web terminal from the portal and place your first order.
Register, verify and choose Standard, Raw or Pro in the client portal.