WikiFX

Sagot

In my experience as a trader, understanding the specifics of each account type at Agrodana Futures is essential before making a decision. The broker structures accounts into Micro GOFX, Mini GOFX, Mini SPA, and Regular SPA, each with distinct minimum deposits, trade sizes, costs, and supported trading products. For me, the flexibility of the Micro and Mini GOFX accounts stands out, as both start with a low minimum deposit of IDR 500,000 and allow smaller trade sizes, which lowers the entry barrier and risk exposure—useful for newer traders or those cautious about capital allocation. These accounts also feature floating spreads (as low as 0 or 0.1 pips, depending on the type) and access to MT5. In contrast, the SPA accounts (Mini and Regular) require higher minimum deposits—USD 1,000 and USD 10,000, respectively—and cater more to experienced traders seeking access to broader markets, including CFDs on US stocks and indices, on MT4. Both SPA account types offer free swap options, but the Regular SPA charges significantly higher commissions per trade (USD 50 versus USD 5 for Mini SPA), which could add up for active traders. All accounts offer up to 1:100 leverage, but this high leverage warrants caution due to its inherent risks. The commission and spread structures are somewhat complex, so I had to pay close attention to potential trading costs depending on the chosen account and instrument. Ultimately, for me, selecting the right account at Agrodana Futures required balancing my risk tolerance, capital, and the specific assets I intended to trade.