Help Center
Frequently asked questions
Access over 200 markets & tight spreads with a regulated Forex CFD provider
General questions
ClonTrader offers two types of accounts. The Raw Spread Account shows the raw inter-bank spread from our liquidity providers, with a commission charge of $7 per standard lot round turn. The Standard Account has no commission but a spread markup of 0.8 pip above the raw inter-bank rate from our liquidity providers. More details are on our Account Overview page.
ClonTrader has two MetaTrader account types. The Standard Account has a spread markup of 0.8 pip, while the Raw Spread Account shows the raw inter-bank spread and charges a commission. Commission rates vary by base currency. For example, AUD is 9.00 round turn, USD is 7.00 round turn, and so on.
ClonTrader allows clients to open an account with as little as USD $200 or its currency equivalent.
Our mission is to offer traders the lowest spreads and fastest executions across over 1980+ Forex products, including Forex, precious metals, stocks, futures, and other CFDs on Commodities. We've invested in technology and have strong relationships with reliable pricing providers. For more on our product offerings, click here: range of products. Read our Account Terms for costs, risks, and responsibilities before trading.
There are three main Forex broker business models: ECN, STP, and Market Makers. ECN is an 'Electronic Communication Network' used by banks and liquidity providers to form bid and offer prices. STP stands for 'Straight Through Processing' where trades are processed at market prices from a liquidity provider. ClonTrader considers itself a forex provider offering the ECN pricing model, sourcing prices from external liquidity providers without dealing desk intervention to provide better price certainty and fast execution.
Questions about ClonTrader
ClonTrader is one of the world's leading Forex CFD provider. The company was incorporated with the vision of providing fair and transparent Forex trading to active traders. ClonTrader is dedicated to bringing solutions previously only available to professionals and large global investment banks to retail investors and traders around the world. For additional information about ClonTrader, please visit the About Us page.
ClonTrader is a privately owned company with a management team that has over 20 years of experience in derivative products. The founders of ClonTrader were crucial to the success of one of the largest CFD providers.
ClonTrader is regulated by the Government of SAINT LUCIA
ClonTrader holds client money in segregated client money accounts in Tier 1 banks.
ClonTrader hold client money in segregated client money accounts with a number of top rated International banks. We spread the client money across multiple banks to reduce the counterparty risk to any one bank.
We only collect personal information which is reasonably necessary to provide you with quality products or services, conduct identification checks to meet our legal regulatory obligations and combat fraud. We do not sell your personal information to any third party for marketing purposes. Our privacy policy outlines how we handle our customers’ personal information in detail.
Yes, we take the privacy of our customers extremely seriously and we have in place policies and procedures to safeguard the information we request. You can view our privacy policy which outlines how we handle your personal information.
Questions about Trading
ClonTrader has two MetaTrader account types: Standard Account and our market-leading Raw Spread Account. ClonTrader does not charge a commission on Standard Accounts; instead, we mark up the spread received from our liquidity providers. ClonTrader's Raw Spread Account shows the raw interbank spread received from our liquidity providers. On this account we charge a commission of $3.5 per standard lot round turn.
ClonTrader allows clients to open a trading account with as little as USD $200 or currency equivalent.
ClonTrader offers flexible leverage options ranging from 1:1 to 1:1000. You can change the leverage on your trading account via your Client Area.
ClonTrader allows you to open multiple trading accounts. You can open an additional trading account via your Client Area.
The opening and closing times of ClonTrader's prices are:
Opening time: 00:01 MetaTrader 5 Server Time (Monday)
Closing time: 23:57 MetaTrader 5 Server Time (Friday)
Please note the trading times of certain instruments may vary; you should refer to the relevant product section on our website for specific information.
ClonTrader's rollover occurs at 00:00 MetaTrader 5 Server Time.
Opening time: 01:02 MetaTrader 5 Server Time
Closing time: 23:57 MetaTrader 5 Server Time
Opening time: 01:00 MetaTrader 5 Server Time
Closing time: 23:59 (Friday 23:57) MetaTrader 5 Server Time
Once your online application form has been approved by our accounts team you will be emailed your trading account and secure Client Area login details and password.
Identification must be provided in the form of photo ID and proof of address to enable us to verify your identity.
- Photo ID:
Must be clear and visible
Must be issued by a government agency
Name, signature, expiry date and date of birth* must be clear
Please note that ClonTrader does not accept account applications from any persons under the age of 18 - Proof of Address:
Must be no older than 6 months
Must show the same name and address as your account application
Our anti-money laundering policy contains further information regarding our identification requirements.