Account Types

FirewoodFX provides 5 account types with 2 options of pricing format

Cent Micro Standard Premium ECN
Minimum Deposit USD 10 USD 10 USD 10 USD 100 USD 200
Base Currency USC (1 USD=100 USC) USD
Minimum Trade Size 0.01 lot (1000) 0.01 lot (100) 0.01 lot (1000) 0.1 lot (10000) 0.01 lot (10000)
Maximum Trade Size 100 lots (10 m) 200 lots (2 m) 30 lots (3 m) 50 lots (5 m) 50 lots (5 m)
Maximum Open Position 200 positions
Leverage Up to 1:1000
Spreads Floating
From 0.3 Pips		 Fix
From 3 Pips		 Fix
From 2 Pips		 Fix
From 1 Pip		 Floating
From 0 Pip
Pricing Format 5-digits (1.23456) (.c suffix) 5-digits (1.23456) (.m suffix) 4-digits (1.2345) (.fw suffix)
5-digits (1.23456) (.f suffix)		 4-digits (1.2345) (.fw suffix)
5-digits (1.23456) (.f suffix)		 5-digits (1.23456) (No suffix)
Commission None $7/lot
Swap Yes, Islamic account available
Stop and Limit Levels 2 Pips
Stopout Level 20%
Hedging/EA/Scalping Allowed

Contract Specification

Standard and Premium Account Specification

Symbol Standard Account
Spread		 Premium Account
Spread		 Contract Size/lot Required Margin
1:100 Leverage		 Required Margin
1:1000 Leverage		 Note
EURUSD 2 Pips 1 Pip 100000 1000 EUR 100 EUR
GBPUSD 3 Pips 2 Pips 100000 1000 GBP 100 GBP
USDJPY 2 Pips 1 Pip 100000 1000 USD 100 USD
USDCHF 4 Pips 3 Pips 100000 1000 USD 100 USD
AUDUSD 3 Pips 2 Pips 100000 1000 AUD 100 AUD
USDCAD 4 Pips 3 Pips 100000 1000 USD 100 USD
EURJPY 3 Pips 2 Pips 100000 1000 EUR 100 EUR
GBPJPY 6 Pips 5 Pips 100000 1000 GBP 100 GBP
EURGBP 4 Pips 3 Pips 100000 1000 EUR 100 EUR
EURCHF 4 Pips 3 Pips 100000 1000 EUR 100 EUR
AUDCAD 8 Pips 7 Pips 100000 1000 AUD 100 AUD
AUDCHF 8 Pips 7 Pips 100000 1000 AUD 100 AUD 10x Margin
AUDJPY 7 Pips 6 Pips 100000 1000 AUD 100 AUD
AUDNZD 16 Pips 15 Pips 100000 1000 AUD 100 AUD
CADCHF 6 Pips 5 Pips 100000 1000 CAD 100 CAD 10x Margin
CADJPY 4 Pips 3 Pips 100000 1000 CAD 100 CAD
CHFJPY 5 Pips 4 Pips 100000 1000 CHF 100 CHF
EURAUD 7 Pips 6 Pips 100000 1000 EUR 100 EUR
EURCAD 7 Pips 6 Pips 100000 1000 EUR 100 EUR
EURHUF 51 Pips 50 Pips 100000 1000 EUR 100 EUR Close Only
EURNZD 8 Pips 7 Pips 100000 1000 EUR 100 EUR 2x Margin
EURSEK 0.15 0.15 100000 1000 EUR 100 EUR 10x Margin
GBPAUD 8 Pips 7 Pips 100000 1000 GBP 100 GBP
GBPCAD 8 Pips 7 Pips 100000 1000 GBP 100 GBP
GBPCHF 7 Pips 6 Pips 100000 1000 GBP 100 GBP
GBPNZD 12 Pips 11 Pips 100000 1000 GBP 100 GBP
NZDCAD 8 Pips 7 Pips 100000 1000 NZD 100 NZD
NZDCHF 8 Pips 7 Pips 100000 1000 NZD 100 NZD Close Only
NZDJPY 7 Pips 6 Pips 100000 1000 NZD 100 NZD
NZDUSD 4 Pips 3 Pips 100000 1000 NZD 100 NZD
USDNOK 51 Pips 50 Pips 100000 1000 USD 100 USD 10x Margin
USDSEK 0.15 SEK 0.15 SEK 100000 1000 USD 100 USD 10x Margin
XAGUSD USD 0.051 USD 0.05 1000 OZ 1000*XAGUSD Rate*1% 1000*XAGUSD Rate*1%
XAUUSD USD 0.51 USD 0.5 100 OZ 100*XAUUSD Rate*2.5% 100*XAUUSD Rate*0.25%
BTCUSD Floating Floating 10 BTC 10*BTCUSD Rate*100% 10*BTCUSD Rate*10%
ETHUSD Floating Floating 10 ETH 10*ETHUSD Rate*100% 10*ETHUSD Rate*10%
USOIL Floating Floating 1000 Units 1000*USOIL rate*10% 1000*USOIL rate*1%
US30 Floating Floating 10 Units 10*US30 rate*50% 10*US30 rate*5%
SPX500 Floating Floating 10 Units 10*SPX500 rate*50% 10*SPX500 rate*5%
NAS100 Floating Floating 10 Units 10*NAS100 rate*50% 10*NAS100 rate*5%

ECN Account Contract Specification

Symbol Minimum Spread Contract Size/lot Required Margin
1:100 Leverage		 Required Margin
1:1000 Leverage		 Note
EURUSD 0 Pips 100000 1000 EUR 100 EUR
GBPUSD 0 Pips 100000 1000 GBP 100 GBP
USDJPY 0 Pips 100000 1000 USD 100 USD
USDCAD 0 Pips 100000 1000 USD 100 USD
USDCHF 0 Pips 100000 1000 USD 100 USD
AUDUSD 0 Pips 100000 1000 AUD 100 AUD
AUDJPY 0.3 Pips 100000 1000 AUD 100 AUD
CHFJPY 0.3 Pips 100000 1000 CHF 100 CHF
NZDUSD 0.3 Pips 100000 1000 NZD 100 NZD
EURJPY 0 Pips 100000 1000 EUR 100 EUR
EURGBP 0.3 Pips 100000 1000 EUR 100 EUR
EURCHF 0.3 Pips 100000 1000 EUR 100 EUR
EURAUD 0.3 Pips 100000 1000 EUR 100 EUR
EURCAD 0.3 Pips 100000 1000 EUR 100 EUR
GBPJPY 0.3 Pips 100000 1000 GBP 100 GBP
GBPCAD 0.3 Pips 100000 1000 GBP 100 GBP
GBPAUD 0.3 Pips 100000 1000 GBP 100 GBP
GBPCHF 0.3 Pips 100000 1000 GBP 100 GBP
GBPNZD 0.3 Pips 100000 1000 GBP 100 GBP
XAGUSD USD 0.1 1000 OZ 1000*XAGUSD Rate*1% 1000*XAGUSD Rate*1%
XAUUSD USD 0.1 100 OZ 100*XAUUSD Rate*2.5% 100*XAUUSD Rate*0.25%
BTCUSD Floating 10 BTC 10*BTCUSD Rate*100% 10*BTCUSD Rate*10%
ETHUSD Floating 10 ETH 10*ETHUSD Rate*100% 10*ETHUSD Rate*10%
USOIL Floating 1000 Units 1000*USOIL rate*10% 1000*USOIL rate*1%
US30 Floating 10 Units 10*US30 rate*50% 10*US30 rate*5%
SPX500 Floating 10 Units 10*SPX500 rate*50% 10*SPX500 rate*5%
NAS100 Floating 10 Units 10*NAS100 rate*50% 10*NAS100 rate*5%

Micro Account Contract Specification

Symbol Micro account Spread
Spread		 Contract Size/lot Required Margin
1:100 Leverage		 Required Margin
1:1000 Leverage		 Note
EURUSD 3 Pips 10000 100 EUR 10 EUR  
GBPUSD 4 Pips 10000 100 GBP 10 GBP  
USDJPY 3 Pips 10000 100 USD 10 USD  
USDCHF 5 Pips 10000 100 USD 10 USD
AUDUSD 4 Pips 10000 100 AUD 10 AUD  
USDCAD 5 Pips 10000 100 USD 10 USD  
EURJPY 4 Pips 10000 100 EUR 10 EUR  
GBPJPY 7 Pips 10000 100 GBP 10 GBP  
EURGBP 5 Pips 10000 100 EUR 10 EUR
EURCHF 5 Pips 10000 100 EUR 10 EUR
CHFJPY 6 Pips 10000 100 CHF 10 CHF 10x Margin
AUDJPY 8 Pips 10000 100 AUD 10 AUD  
EURCAD 8 Pips 10000 100 EUR 10 EUR 2x Margin
GBPAUD 9 Pips 10000 100 GBP 10 GBP  
NZDUSD 5 Pips 10000 100 NZD 10 NZD  
CADJPY 5 Pips 10000 100 CAD 10 CAD  
GBPNZD 13 Pips 10000 100 GBP 10 GBP
XAUUSD USD 0.6 10 OZ 10*XAUUSD Rate*2.5% 10*XAUUSD Rate*0.25%  
XAGUSD USD 0.06 100 OZ 100*XAGUSD Rate*1% 100*XAGUSD Rate*1%  
BTCUSD Floating 1 BTC 1*BTCUSD Rate*100% 1*BTCUSD Rate*10%
ETHUSD Floating 1 ETH 1*ETHUSD Rate*100% 1*ETHUSD Rate*10%
USOIL Floating 100 Units 100*USOIL rate*10% 100*USOIL rate*1%
US30 Floating 1 Units 1*US30 rate*50% 1*US30 rate*5%
SPX500 Floating 1 Units 1*SPX500 rate*50% 1*SPX500 rate*5%
NAS100 Floating 1 Units 1*NAS100 rate*50% 1*NAS100 rate*5%

Cent Account Contract Specification

Symbol Minimum Spread Contract Size/lot Required Margin
1:100 Leverage		 Required Margin
1:1000 Leverage		 Note
EURUSD 0.3 Pips 100000 1000 EUR 100 EUR
GBPUSD 0.3 Pips 100000 1000 GBP 100 GBP
USDJPY 0.3 Pips 100000 1000 USD 100 USD
USDCAD 0.3 Pips 100000 1000 USD 100 USD
USDCHF 0.3 Pips 100000 1000 USD 100 USD
AUDUSD 0.3 Pips 100000 1000 AUD 100 AUD
AUDJPY 0.3 Pips 100000 1000 AUD 100 AUD
CHFJPY 0.3 Pips 100000 1000 CHF 100 CHF
NZDUSD 0.3 Pips 100000 1000 NZD 100 NZD
EURJPY 0.3 Pips 100000 1000 EUR 100 EUR
EURGBP 0.3 Pips 100000 1000 EUR 100 EUR
EURCHF 0.3 Pips 100000 1000 EUR 100 EUR
EURAUD 0.3 Pips 100000 1000 EUR 100 EUR
EURCAD 0.3 Pips 100000 1000 EUR 100 EUR
GBPJPY 0.3 Pips 100000 1000 GBP 100 GBP
GBPCAD 0.3 Pips 100000 1000 GBP 100 GBP
GBPAUD 0.3 Pips 100000 1000 GBP 100 GBP
GBPCHF 0.3 Pips 100000 1000 GBP 100 GBP
GBPNZD 0.3 Pips 100000 1000 GBP 100 GBP
XAGUSD USD 0.1 1000 OZ 1000*XAGUSD Rate*1% 1000*XAGUSD Rate*1%
XAUUSD USD 0.2 100 OZ 100*XAUUSD Rate*2.5% 100*XAUUSD Rate*0.25%

Note :

Although the spreads are fixed, during low-liquidity period (Example: News releases, Major economic events, Asia Session, etc), slippage may occur. Having open positions and pending orders (Stop/Limit Orders,SL/TP) during scheduled economic event are discouraged.

High Risk trading strategies involving toxic flow, High Frequency Trading, Arbitrage, and/or Latency trading are discouraged and need to be communicated to the company.

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