Account Type Comparison
At NBHM we are committed to offering every trader, novice or experienced, the smoothest and most seamless trading experience. This is why we offer a choice of Standard, Pro and Elite accounts, customized to suit your level of experience, trading style and capital.
By opening a trading account, you gain access to the most popular trading platforms in the world today, MetaTrader 4 and MetaTrader 5. These platforms offer you robust charting and technical analysis tools for informed trading decisions.
For beginners, we offer access to a Demo Account that allows you to get comfortable with the trading platform and the financial markets. Test your trading strategies in a risk-free environment with $300,000 in virtual funds. Adjust your risk management and learn by trading under live market conditions. Open a live trading account once you’ve gained familiarity.
|Minimum Deposit Balance||$100||$5,000||$25,000|
|Leverage||Up to 1:500||Up to 1:500||Up to 1:500*|
|Minimum trade volume||0.01||0.01||0.01|
|Maximum Volume per Trade||100||100||100|
|Order execution||Market Execution||Market Execution||Market Execution|
|Trade Executions||Under 100ms||Under 100ms||Under 100ms|
|Commission||$0||$2.5 per 1 side per 100 000 traded||$20 per 1 million USD traded **|
|Spread||Spreads from 1.6 pips||Spreads from 0.2 pips||Spreads from 0.0 pips|
|Limit & Stop Levels||0 points||0 points||0 points|
|Scalping||Allowed on MT4 and MT5||Allowed on MT4 and MT5||Allowed on MT4 and MT5|
|24X5 Live Support|
1. USDJPY – 10 lots traded, which means 1 mio USD volume to open order and 1 mio to close order. Thus, total volume for this trade is 2 mio an commission charged will be $40 round turn per 10 lots. In turn, it comes to $4 per 1 lot round turn or $2 per side. This is not what is stated on the web site.
2. EURUSD – 10 lots traded @ 1.0900. Then, USD volume for this trade is $ 1,090,000 to open and $ 1,090,000 to close. Total volume of the trade is $ 2,180,000. Thus, commission will be $43.60 round turn. Per 1 lot it will be $4.36 round turn or $2.18 per side. Which again does not correspond to the web site.
3. XAUUSD – 10 lots traded @ 1573. Then USD Volume for this trade is $ 1,573,000 to open and $ 1,573,000 to close. Round turn volume will be $ 3,146,000 and commission $62.90 round turn. Per 1 lot it would be $ 6.29 or $3.14 per side. We charge $6 per 1 lot round turn, which is actually less than supposed to be. However, it is again not what is stated on the web site.
With access to over 60 instruments from a single account, trading with NBHM is simple and seamless.