Account Types
FIBO MARKETS Ltd., previously FIBO Group Holdings Ltd. offers different types of accounts based on Market Execution technology, with or without commissions that allow our clients to choose the most appropriate variant for their trading strategy. This helps our clients to achieve the best results in trading.
Comparison of types of accounts
| Trading platform |
| Techonology of execution of orders |
| Minimum deposit |
| Fifth decimal point |
| Minimum lot/volume step |
| Minimum spread |
| Commission |
| Leverage* |
| Stop Out level |
| Currency of account |
| Amount of currency pairs |
| The quantity requirement of open positions |
| The volume requirement of open positions |
| MT4 NDD | MT4 NDD No Commission |
|---|---|
| MetaTrader 4 | MetaTrader 4 |
| No Dealing Desk | No Dealing Desk |
| 300 $ | 100 EUR |
| yes | yes |
| 0,01/0,01 | 0,01/0,01 |
| from 0 | from 0,8 |
| 0.003% from the amount of a transaction | no |
| up to 400 | up to 400 |
| 50% | 50% |
| EUR, USD | EUR, USD, GBP, CHF, RUB |
| 34 | 38 |
| no | no |
| no | no |
* The actual leverage can differ, based on the underlying instruments and our leverage policy. Geographical restrictions may apply.
* Professional clients leverage is set on an individual basis but cannot exceed 1:400.
No Commission
Non Dealing Desk (NDD) is a technology of order execution without the participation of the Dealing Desk. With NDD processing, the client's orders are automatically executed directly at the best available prices of liquidity providers, bypassing the Dealing Desk.
DetailsMT4 NDD type of accounts with Market Execution of orders is a perfect option for those who prefer intraday trading strategies such as scalping (method of trading based on infinite number of short-term trades). MT4 NDD accounts are characterized with high order execution speed, minimum floating spreads and absence of requotes.
Details