400:1 Leverage Request

By completing the following form, you are requesting that Forex Capital Markets Limited ("FXCM") updates your account with equity below 10,000 CCY to 400:1 leverage Mini Account settings on one or all of your FXCM accounts.

Please Select Your Country:

Residents of are ineligible to trade on 400:1. If you would like to request a Mini Account on 200:1 leverage, please complete the Mini Account Transfer Form.

Mini Account Settings
Account Minimum £50
Forex Leverage 400:1
CFD Leverage (Indices & Commodities) 200:1
Forex Pairs 21
CFD Instruments 18
Forex Execution Dealing Desk
Forex Pricing Total cost is spread

Please complete the form below

Please take care when completing this form and ensure that you understand the terms of your request stated below before you click submit. Please feel free to contact client services should you have any questions, comments or concerns regarding your request.

Please note your account must be flat for at least 24 hours at the time of processing.

By submitting this form, I request FXCM to change one or all existing trading accounts associated with the name, email address and account numbers above to an account) with 400:1 leverage (for the purposes of these terms the "Mini Account") (the "Request"), subject to the following terms and conditions (the "Terms"):

  1. I consent to electronic communication in accordance with these Terms.
  2. I understand that submission of this form only constitutes a request and that it does not require FXCM to comply with my Request.
  3. I agree that following my submission of this form, FXCM will act in a commercially reasonable manner to review my Request, but that it shall not be bound to act or make any decision within a specified period of time. FXCM may approve or reject my Request in its sole and absolute discretion.
  4. I understand that my account must be flat for at least 24 hours and have no open positions (i.e. no live trades, stop orders, limit orders, or entry orders) at the time of processing. If my account is not flat, and there was FX trading within 24 hours, I understand that FXCM may not be able to process my Request.
  5. I understand that in order to process my Request, FXCM may, in its sole discretion, create a new Mini Account(s) and transfer the full cash balance from my existing trading account. I understand that I may receive a new account number.
  6. I understand that if I have multiple accounts under the same login, each account will be reviewed individually and either designated a Mini Account or rejected if the criteria is not met.
  7. I understand that any foreign exchange commission schedule will not apply to my Mini Account(s).
  8. I understand that even if my Request is fulfilled, FXCM reserves the right, in its sole discretion, to transfer my account(s) from a Mini Account to a Standard Account or vice versa, at any time, and that it will endeavor to provide notice of such occurrence to me. I understand that a transfer of my account may result in differences in tradable prices. Changes in account may occur for various reasons including, but not limited to, instances in which the equity in my account(s) falls outside the Equity Range for that account type. I understand the Equity Range is published by FXCM from time to time in its sole discretion.
  9. I understand that even if my Request is fulfilled, these Terms do not impact FXCM's rights under the Terms of Business to change margin requirements in its sole discretion at any time without notice to me.
  10. If my Request is approved, I understand that FXCM's Terms of Business, Rate Card and all relevant policies including but not limited to Risk Disclosure, Conflict of Interest, and Execution will continue to govern my accounts and trading activity with FXCM, as amended and supplemented by these Terms.
  11. I understand that changing my account type from a Standard Account to a Mini Account carries with it inherent conflicts of interest and will result in changes to how my trades are handled. I fully understand how orders are executed and have thoroughly reviewed FXCM's dealing desk execution risks.
  12. I agree that FXCM assumes no liability for any consequences which may arise from processing the Request.
  13. I accept full responsibility and liability for the instructions given in the Request.

Thank You

Your information has been received and will be processed shortly.

Mini Accounts: Mini accounts offer 18 CFD instruments and up to 21 currency pairs. Mini accounts default to Dealing Desk execution where price arbitrage strategies are prohibited. FXCM determines, at its sole discretion, what encompasses a price arbitrage strategy. Mini accounts offer spreads plus mark-up pricing. Spreads are variable and are subject to delay. Mini accounts utilising prohibited strategies may be switched to No Dealing Desk execution. Experienced traders can trade Mini Accounts with up to 200:1 leverage. Traders that are new to FX and CFD trading will be defaulted to 50:1 leverage. Mini accounts with equity greater than 20,000 CCY will be switched to a Standard account with 100:1 leverage, No Dealing Desk execution, and commission based pricing. See Execution Risks.

Compensation: When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: charging fixed lot-based commissions at the open and close of a trade, adding a markup to the spreads it receives from its liquidity providers for certain account types, and adding a markup to rollover. Under the Dealing Desk execution model, FXCM may act as a dealer and may receive additional compensation from trading.

Leverage: Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange with any level of leverage may not be suitable for all investors.