Micro account is account type offered by FirewoodFX from 2014 until September 2025. New accounts of this type are not being accepted.
It is a fix-spread 5 digits (%m suffix).
Contract size per lot : 10000 qty
Min Trade Size : 0.01 lot (100 qty)
Max Trade Size : 200 lots (2mil qty)
Commission : none
Stop and Limit Levels : 2 pips
Stopout level : 20%
Spread as follow :
| Symbol | Spread |
|---|---|
| EURUSD | 3 Pips |
| GBPUSD | 4 Pips |
| USDJPY | 3 Pip |
| USDCHF | 5 Pips |
| AUDUSD | 4 Pips |
| USDCAD | 5 Pips |
| EURJPY | 4 Pips |
| GBPJPY | 7 Pips |
| EURGBP | 5 Pips |
| EURCHF | 5 Pips |
| AUDCAD | 9 Pips |
| AUDCHF | 9 Pips |
| AUDJPY | 8 Pips |
| AUDNZD | 17 Pips |
| CADCHF | 7 Pips |
| CADJPY | 5 Pips |
| CHFJPY | 6 Pips |
| EURAUD | 8 Pips |
| EURCAD | 8 Pips |
| EURHUF | 52 Pips |
| EURNZD | 9 Pips |
| EURSEK | 0.15 |
| GBPAUD | 9 Pips |
| GBPCAD | 9 Pips |
| GBPCHF | 8 Pips |
| GBPNZD | 13 Pips |
| NZDCAD | 9 Pips |
| NZDCHF | 9 Pips |
| NZDJPY | 8 Pips |
| NZDUSD | 5 Pips |
| USDNOK | 51 Pips |
| USDSEK | 0.15 SEK |
| XAGUSD | USD 0.06 |
| XAUUSD | USD 0.60 |
| BTCUSD | Floating |
| ETHUSD | Floating |
| USOIL | Floating |
| US30 | Floating |
| SPX500 | Floating |
| NAS100 | Floating |
It is replaced by new Pro account with even tighter spread from 1.2 pips with no commission.
The maximum IB commission for this account type is 2 pip (about USD 2 per 1 micro lot).
There is a high level of risk involved with trading leveraged products such as forex and CFDs. You should not risk more than you can afford to lose, it is possible that you may lose more than your initial investment. You should not trade unless you fully understand the true extent of your exposure to the risk of loss.
FirewoodFX does not accept clients from the United States of America.
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