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Types of trading accounts

FIBO Group offers its clients different types of trading accounts for different trading strategies. We have Instant Execution and Market Execution accounts both with commissions and without, with guaranteed execution of orders at stated price. It all allows our clients to show excellent trading performance.

We consider the needs of every trader, simplify account management and bring your trades to the market as quickly as possible.

MT4 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
Low floating spreads Deep liquidity from the worlds’ leading banks
Market Execution, no re-quotes Orders may be executed at prices better than stated
Best choice for trading on news Best for scalper robots
cTrader NDD
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cTrader NDD accounts are the best solution for intraday strategies implemented on cTrader trading platform which offers more analytical and trading opportunities (market depth and own interface for the development of expert advisors). On cTrader NDD accounts No Dealing Desk technology is applied, thus allowing you to trade directly with the world’s greatest liquidity providers.

Details
Low floating spreads Deep liquidity from the worlds’ leading banks
Trading platform with broad analytical capabilities Market Execution, no re-quotes
«Depth of Market» Mobile app and web interface
We consider the needs of every trader, simplify account management and bring your trades to the market as quickly as possible.

MT5 NDD accounts are designed for a popular Meta Trader 5 trading platform. It incorporates the advantages of its predecessors and suits for intraday scalping and EA automated trading. Moreover it has an inculcated “market depth” instrument which provides traders with online market situation.

Details
Low floating spreads Deep liquidity from the worlds’ leading banks
Market Execution, no re-quotes «Depth of Market»
Improved testing of trading robots Automated trading available

Comparison of types of accounts

  MT4 NDD MT4 NDD No Commission cTrader NDD MT5 NDD
Trading platform MetaTrader 4 MetaTrader 4 cTrader MetaTrader 5
Techonology of execution of orders No Dealing Desk No Dealing Desk No Dealing Desk No Dealing Desk
Minimum deposit 300 $ 300 $ 300 $ 500 $
Fifth decimal point yes yes yes yes
Minimum lot/volume step 0,01/0,01 0,01/0,01 0,01/0,01 0,01/0,01
Minimum spread from 0 from 0,8 from 0 from 0
Commission 0.003% from the amount of a transaction no 0.003% from the amount of a transaction till 100 million - $30 for a million USD from 100 million to 250 million - $25 for a million USD >250 million - $20 for a million USD
Leverage 400 400 100 100 (for metal - 33)
Stop Out level 50% 50% 100% 100%
Currency of account USD EUR, USD, GBP, CHF, RUB USD EUR, USD, CHF
Amount of currency pairs 32 38 41 42
The quantity requirement of open positions no no no no
The volume requirement of open positions no no no no
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FOREX trading implies serious risk and the losses may exceed your investment.
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Risk warning: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, your level of experience and preparation of taking risk. The possibility exists that you could sustain a loss of some or of all of your initial investments and therefore you should not risk more than you are prepared to lose. Please seek independent financial advice if necessary.

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