Trading Accounts

Trading Accounts

Our account types have been designed to help the active trader achieve more. Whatever your trading strategy or level of experience, you’ll find an account to align with your goals.

Why trade with us?

Range of accounts

Swing trader, scalper, or something else? Choose an account to suit your priorities, backed by local support.

Tight spreads

Trade gold from just 0.05 points, and FX starting at 0.0 points on our Razor account.1

Four smart platforms

Use our Act platform and app, or connect to MT5, TradingView or cTrader.

Trusted globally

Join over 20,000 Today Markets traders around the world, processing a monthly trading volume of US$4bn.

What account types are available with Today Markets?

We offer two CFD account types, both of which can be accessed via our in-house platform and app – or via our seamless integrations with leading third-party technology. The key difference between them is in the way you’re charged for trading CFDs on FX markets.

Two Account Examples

Standard account

 

All fees – apart from any overnight funding – are included in the raw spread which has a 1 pip mark up, and there is no commission to pay on most markets. This provides a straightforward fee structure for newer traders or those seeking an easy-to-manage account.

Razor account

 

This account is designed to give more control over trading costs for high-frequency FX traders and scalpers. It offers identical trading conditions to our Standard account, but with commission-based pricing on forex. Enjoy raw spreads from 0.0 pips/points, alongside fixed, transparent commissions.

Why CFDs?

A CFD account might be for you if you want:

A trading product that closely mimics the underlying market

 

Gain similar exposure to buying shares outright, while only having to put down a fraction of the full value of your position. This can amplify both your profits and your losses, so it’s important to manage and understand your risk.

To trade in the currency of the CFD

 

Capitalise on market movements between the currency of the trade and of your base account.

To hedge an existing portfolio

 

CFDs can be used to protect against adverse market moves without tying up large amounts of capital.³

Protecting your trading capital

Markets move quickly, so it’s important that you can protect your capital from adverse market movements. All our accounts provide a number of risk-management tools to help you limit any potential losses.

Stop-losses

Before you open a position, you can determine where you’d like your position to be closed if the market moves against you. Specify by price or pips, and view your projected loss before you place the trade.⁵

Trailing stops

These can follow positive market movements, at a set distance away from the current price. So,if the market moves in your favour and then reverses, you can lock in any gains.⁵

Take-profits

Choose where you’d like to close your position and realise any profit if the market moves in your favour. Protect against the risk of losing accrued gains, and free yourself from constantly monitoring the markets.⁵

Alerts

Looking out for specific price action? Set alerts on one or more conditions and receive notification in the platform the moment they are met. You can also opt to set an expiration, and add a description for each alert.

At a glance: Compare Two Account Types

CFD trading (Standard)

Trading the price difference between the opening and  closing of a contract.

Leverage ? Yes, a Standard CFD trading account is leveraged.

Markets – 1350+ markets including shares, indices, forex, commodities 

Hedging? Yes

Platform – TM webtrader platform and mobile app, MT5, and cTrader.

Risks? CFD trading is leveraged, so you put up a percentage of the trade size to open a position. Your profit or loss will be based on the full position size, so your profits or losses will be amplified. Managing your risk is key.

Minimum – There’s no obligation to fund your account, but when doing Funding – so the minimum you can add is $10 or your local equivalent.

CFD trading (Razor)

Trading the price difference between the opening and closing of a contract.

Leverage? Yes, a Razor CFD trading account is leveraged.

Markets – 1350+ markets including shares, indices, forex, commodities

Hedging? Yes

Platform – TM webtrader platform and mobile app, MT5, cTrader and TradingView.

Risks – CFD trading is leveraged, so you put up a percentage of the trade size to open a position. Your profit or loss will be based on the full position size, so your profits or losses will be amplified. Managing your risk is key.

Minimum – There’s no obligation to fund your account, but when doing so the Funding – minimum you can add is $10 or your local equivalent.

Support when you need it

Our friendly, local client support team is here to help you 24 hours a day Monday to Friday, and 18 hours at weekends. They’re only an email, call, WhatsApp or live chat message away from assisting you on your trading journey. Got a question about opening an account, funding, withdrawals or more? Find all FAQs, along with our contact details, on our support page.