ThorFX Account Types: A Guide for Traders and Investors 2024

ThorFX offers 4 major accounts: Standard, Pro, Var, Mini

Below is the full list of account types offered by ThorFX:     

• Standard account
• Pro account
• Var account
• Mini account

ThorFX Premium Account: Best for Beginners

ThorFX Standard Accounts are designed to meet the needs of retail traders in the forex and CFD markets. These accounts suit beginner traders, offering a straightforward and accessible trading experience with competitive spreads and reliable execution.

Key Features:

• Applicable For: Applicable to traders of all jurisdictions. 
• Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
•  KYC Verification: Required 
• Trading Instruments: Crypto, Indices, Commodities, Forex Pairs Stocks and Shares  
• Trading Platforms: Tradelocker
• Minimum Deposit:  $50
• Maximum Leverage: 1:500
• Trading Fees: Commission $7.00 per lot. Variable spreads from 0.8 pips. Minimum Trade Size: 0.01 lot. 
• Maximum Trade Size (Lot restriction per Ticket):1000 Lots 
• Funding Currencies: Bitcoin (BTC), Litecoin (LTC), Tether (USDT), Ripple (XRP), Dogecoin (DOGE) and Ethereum (ETH)
• Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
• Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
• Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
• Stop Out Level (retail): 50%
• Margin Call Level: 100% 
• Negative balance Protection: Yes 
• Investor Protection:  No investor protection is Available. 

Pro Account:

Key Features:

• Applicable For: Applicable to traders of all jurisdictions. 
• Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
•  KYC Verification: Required 
• Trading Instruments: Crypto, Indices, Commodities, Forex Pairs Stocks and Shares  
• Trading Platforms: Tradelocker
• Minimum Deposit:  $500
• Maximum Leverage: 1:500
• Trading Fees: Commission $8.00 per lot. Variable spreads from 0.4 pips.
• Minimum Trade Size: 0.01 lot. 
• Maximum Trade Size (Lot restriction per Ticket): 50 Lots 
• Funding Currencies: Bitcoin (BTC), Litecoin (LTC), Tether (USDT), Ripple (XRP), Dogecoin (DOGE) and Ethereum (ETH)
• Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
• Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
• Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
• Stop Out Level (retail): 20%
• Margin Call Level: 50% 
• Negative balance Protection: Yes 
• Investor Protection:  No investor protection is Available. 

Var Account:

Key Features:

• Applicable For: Applicable to traders of all jurisdictions. 
• Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
•  KYC Verification: Required 
• Trading Instruments: Crypto, Indices, Commodities, Forex Pairs Stocks and Shares  
• Trading Platforms: Tradelocker
• Minimum Deposit:  $250
• Maximum Leverage: 1:500
• Trading Fees: Commission free. Variable spreads from 1.2 pips. Minimum Trade Size: 0.01 lot. 
• Maximum Trade Size (Lot restriction per Ticket): 50 Lots 
• Funding Currencies: Bitcoin (BTC), Litecoin (LTC), Tether (USDT), Ripple (XRP), Dogecoin (DOGE) and Ethereum (ETH)
• Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
• Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
• Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
• Stop Out Level (retail): 20%
• Margin Call Level: 50% 
• Negative balance Protection: Yes 
• Investor Protection:  No investor protection is Available. 

Mini Account:

Key Features:

• Applicable For: Applicable to traders of all jurisdictions. 
• Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
•  KYC Verification: Required 
• Trading Instruments: Crypto, Indices, Commodities, Forex Pairs Stocks and Shares  
• Trading Platforms: Tradelocker
• Minimum Deposit:  $25
• Maximum Leverage: 1:500
• Trading Fees: Commission 1 per lot. Variable spreads from 1.0 pips. 
• Minimum Trade Size: 0.01 lot. 
• Maximum Trade Size (Lot restriction per Ticket): 50 Lots 
• Funding Currencies: Bitcoin (BTC), Litecoin (LTC), Tether (USDT), Ripple (XRP), Dogecoin (DOGE) and Ethereum (ETH)
• Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
• Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
• Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
• Stop Out Level (retail): 20%
• Margin Call Level: 50% 
• Negative balance Protection: Yes 
• Investor Protection:  No investor protection is Available.