MetaFXTrade is an online trading broker which is based on the MetaTrader4 platform. This broker is providing their clients with so many features on trading. It provides general trading accounts along with Islamic trading accounts. Trading is risky. Anytime, any clients can lose their money. This is why this broker comes with a solution named negative balance protection. 

MetaFXTrade has five types of trading accounts and two types of Islamic accounts. All these accounts have different levels of minimum deposit to start and different spreads and leverage in all accounts are 1:500. There are different features also that vary from one account to another.  All account types are described:-

• Basic Account:- This account requires a minimum of $250 to start. The spread in this account is fixed at 1.6 pips. There is no commission in this account.

• Standard Account:- This account requires $500 to start. This account also has a spread of 1.6 pips but it is not fixed as the spread is floating from 1.6 pips.

• Gold Account:- The starting amount in this account is $2,500.   The spread in this account is floating from 0.6 pips. Unlike the basic, and standard account, this account charges a $6 commission. 

• Platinum Account:- This account requires a minimum of $5,000 deposit. Just like the Platinum account, the spread in this account is also floating from 0.6 pips. Commission in this account is $3 per lot.

• VIP Account:- This account starts with a $20,000 minimum deposit. The spread in this account. This account is a commission-free account. The spread in this account is floating from 0.5 pips. Just like the platinum account, this account doesn’t support community trading.

• Islamic Variable:- This account starts with $100 of funding.  The spread in this account is floating from 1.6 pips. This account is a no swap and no commission account. 

• Islamic Platinum:- This account starts with $2,000 of funding. The spread in this account is floating from 0.6 pips. This is also no swap and no commission account.