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BARS 8

Account types · elite

Elite account

The cheapest lot in the range at USD 5 — and the tightest risk settings.

At a glance

Entry deposit
USD 10,000
Maximum leverage
Up to 1:100
FX markup
Raw, no markup
Commission per lot, FX and gold
USD 5

Why Elite

What this plan is for

Elite is the high-volume group. It opens from USD 10,000 with raw pricing on FX and gold and the lowest commission BARS 8 charges, USD 5 per standard lot round turn. It also carries the lowest leverage in the range at 1:100 and the earliest stop out at 80%.

Volume

At about USD 5 a lot against USD 8 on ECN, the USD 5,000 larger deposit is repaid over roughly 1,700 lots. The group only makes sense at size.

The cheapest gold

Raw pricing plus USD 5, against about USD 130 a lot on Pro and USD 250 on Basic.

The same on every instrument

USD 5 per lot applies to indices, crypto and shares as well as FX and gold, where the lower groups are charged USD 15 to USD 20.

Before you choose

The trade-off worth knowing

Elite in plain terms

Elite is the most conservative account in the range, not the most permissive. Leverage is 1:100 — a tenth of Basic — so a position needs ten times the margin. The stop out is 80%, the earliest of any group: positions are closed while four fifths of the required margin is still in the account, which caps a loss sooner and also gives a move far less room to come back. On FX the saving over ECN is about USD 3 a lot, so the case for the extra USD 5,000 is volume, not price.

Account schedule

Every recorded condition on the Elite group

These are the values from the trading group configuration, read down this group's column.

FeatureElite
Suited toExperienced high volume traders; lower fees
Entry depositUSD 10,000
Maximum leverageUp to 1:100
Selectable leverage1:10, 1:100
FX markupRaw, no markup
Commission per lot, FX and goldUSD 5
Commission per lot, indices, crypto and sharesUSD 5
Gold markup per ounceNone
Margin call level100%
Stop out level80%
Margin modePercentage
Minimum volume and step0.01 / 0.01 lots
ExecutionMarket; LP supported
Bonus and creditManual
SwapSwap free on FX and gold; normal swaps on indices, crypto and shares
Base currencyUSD
FX contract size1 lot equals 100,000 base units
Gold contract size1 lot equals 100 troy ounces
Priced instrumentsSeven major FX pairs and XAUUSD
Platform accessMetaTrader 5

Conditions vary

Spreads, leverage, commissions, swaps, execution quality and product availability vary by instrument, account type, market conditions, client classification and jurisdiction. Values shown as from or up to describe possible conditions and are not guaranteed for every trade.

The other plans

How the rest of the range compares

Seven conditions separate the five groups. Everything else on the schedule is the same across all of them.

FeatureBasicStandardProECNElite
Entry depositUSD 50USD 200USD 500USD 5,000USD 10,000
Maximum leverageUp to 1:1000Up to 1:1000Up to 1:500Up to 1:200Up to 1:100
FX markup2.5 pips2.0 pips1.3 pipsRaw, no markupRaw, no markup
Commission per lot, FX and goldNoneNoneNoneUSD 8USD 5
Gold markup per ounceUSD 2.50USD 2.00USD 1.30NoneNone
Commission per lot, indices, crypto and sharesUSD 20USD 20USD 15USD 8USD 5
Stop out level30%30%50%50%80%

Questions

Elite questions

The lowest cost per lot BARS 8 charges — USD 5 on FX, gold, indices, crypto and shares alike, with no markup on FX or gold. Against ECN that is about USD 3 a lot on FX.

Next step

Open a Elite account

Complete verification, then confirm the live conditions shown in the client portal before funding.

Trading involves risk. Your capital is at risk.