We are pleased to introduce a new account option designed to offer even more flexibility and efficiency for your trading: the GBP Base Currency Account is now available on the MT5 Live 2 platform, from May 8, 2025.
This account type offers greater convenience, faster capital deployment, and streamlined operations for traders who prefer to trade and settle in British Pound (GBP).
Key Highlights:
- Settlement Currency: GBP
- Available Account Types:
– ECN Account – £5 commission per lot*
– STP Account – Same setup as existing STP accounts
- GBP Wallet: Now supported
- Eligibility Criteria:
– Available to clients who are UK residents or hold UK nationality
Why This Matters to You
With the GBP Base Currency Account, you can benefit from:
- Simplified fund transfers
- Quicker access to trading capital
- Enhanced account management in your preferred currency
Important Note:
- Please note that the GBP Base Currency Account is not available for use with Copy Trading or Flexi Copy Trading services.
- The £5 commission per lot on ECN Accounts is based on a USD benchmark and may vary slightly depending on real-time conversion rates.
We look forward to supporting your trading journey with more tailored options. For any questions, our support team is always ready to assist.
Risk Disclosure
Securities, Futures, CFDs and other financial products involve high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding your initial investment could incur within a short period of time.
Please make sure you fully understand the risks of trading with the respective financial instrument before engaging in any transactions with us. You should seek independent professional advice if you do not understand the risks explained herein.
Disclaimer
This information contained in this blog is for general reference only and is not intended as investment advice, a recommendation, an offer, or an invitation to buy or sell any financial instruments. It does not consider any specific recipient’s investment objectives or financial situation. Past performance references are not reliable indicators of future performance. Doo Prime and its affiliates make no representations or warranties about the accuracy or completeness of this information and accept no liability for any losses or damages resulting from its use or from any investments made based on it.