Gross/Net accounts: differences, features
You can open up to 100 leverage accounts in total: 50 Net accounts and 50 Gross accounts.
FREE2EX supports two types of margin accounts: Net and Gross - both are used for margin trading. Leverage allows you to trade with a larger amount of funds than you currently have on your account.
The main difference between Gross accounts and Net accounts is that on Gross accounts all positions opened for one instrument are separate operations. Each position represents a separate entry. You can open several positions for one financial instrument, including opposite ones.
On Gross account:
- Stop Loss/Take Profit orders are available.
- Profit/loss is calculated separately for each position.
- Positions are closed with the Close position command.
- When a position is reversed, the current position is closed and an opposite position with the same volume is opened.
Characteristics | Gross | Net |
| Number of positions for one financial instrument | Many | One |
Opposite positions (buy and sell) for one financial instrument | Yes | No |
Increasing Position Volume | No | Yes |
Reducing Position Volume | No.
Partially closing a position reduces its volume. In the order modification window, specify a smaller position volume and click the Close by market button. The specified Trading Volume is closed and the position remains open with the Remaining Volume. | Yes.
To reduce the volume of a netting position, open an opposite position of smaller volume. |
Position reversal | To reverse a position, use the Change Position Direction command. In this case, the current position is closed and an opposite position of the same volume is opened. | To reverse a netting position, open an opposite position with a larger volume. |
Closing a position | The position is closed using the Close Position command. | To close a netting position, open an opposite position of the same size or use the Close Position command. |
Related Articles
Transfer of funds to accounts of 3rd parties
According to the provisions of the public offer agreement, the Customer represents and warrants that: Current (settlement) bank account, bank card, electronic wallet, virtual wallet address (identifier) and Cash, tokens, Cryptocurrency deposited by ...
DEMO Trading
Demo account is a simple and safe way to learn trading without any risk. You will get access to the market with virtual funds to test strategies and explore the platform. To register a demo account, go to the demo portal: ...
Opening a leveraged account
After successful registration and verification on the FREE2EX platform, you can open a margin account to trade with leverage. There are two types of margin accounts available in your personal account: Margin - Gross and Margin - Net Opening a margin ...
Crypto withdrawal
Withdrawal of cryptocurrencies is only possible to your own accounts or wallets. Transfers to third parties are not allowed. The fees for the withdrawal of cryptocurrencies can be found here: Fees Currently, withdrawal of the following ...
Telegram Bot Overview
Telegram Bot - this is a fully-functional exchanger working 24/7. Chatbot link: https://t.me/FREE2EX_wallet_bot Main functionality of the bot: Registration Verification Account deposit (crypto, fiat) Exchange operations OTC Withdrawal of funds ...