Account Types
FIBO Markets Ltd. (ex. 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.
FIBO Markets Ltd. (ex. 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
! On MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Comission, MT5 NDD accounts pending orders SELL LIMIT, BUY LIMIT, SELL STOP, BUY STOP are automatically deleted in 180 days after being placed.
11 unit cost of the GLD Cent currency is calculated as 1:100 000 of the cost of a troy ounce at the date of transferring. (GLD Cent on MT4 Cent account = market price 1 oz. GOLD/100000)
21 unit cost of the GLD currency is calculated as 1:1000 of the cost of a troy ounce at the date of transferring. (GLD = market price 1 oz. GOLD/1000)
31 unit cost of the BTC currency is calculated as 1:1000 of the cost of Bitcoin (BTC=btcusd/1000)
41 unit cost of the ETH currency is calculated as 1:100 of the cost of Ethereum
5Crypto currencies are not available as account currencies for Managed accounts (PAMM) and Affiliate accounts
6Minimum deposit required to open a Managed account (PAMM) is USD 300
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.
DetailsPlease note that our services are provided only to the residents of the following counties (in alphabetical order): Austria, Bulgaria, British Virgin Islands, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Kazakhstan, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Oman, People's Republic of China, Poland, Portugal, Romania, Russia, Slovakia,Slovenia, Spain, Sweden, Ukraine, United Arab Emirates.
Please feel free to contact out Support in order to get further assistance.