Speed
Narrow spreads
Deep liquidityWhen working on trading accounts using NDD technology, all client orders are executed without dealing intervention. Most orders are executed by us in less than 100 milliseconds. Up to 20 orders are executed per second.
The width of the spreads directly depends on the liquidity of the instruments, and the amount of fees charged is set by the NDD broker independently, taking into account the proposals of other market participants (brokers) and in accordance with the market situation.
We carefully select our counterparties and the liquidity available from our chosen suppliers allows us to offer narrow, competitive spreads.
Example:
Typical spread for the EURUSD pair on trading accounts using NDD technology: 0.2-0.3 points.
The commission is only 0.003% of the transaction amount (on the "MT4 NDD" and "cTrader NDD" accounts).
The broker's interest lies in the growth of trading volumes of the client, which, in case of a long-term cooperation, leads to the accumulation of the broker's remuneration. This focus on long-term cooperation is the reason why FIBO Group has chosen NDD technology as the main one to support the operation of most types of trading accounts offered to our clients.
The execution of orders of traders cooperating with FIBO Group takes place according to the scheme: FIBO Group executes counter (overlapping) orders at the market prices of liquidity providers, and the remaining orders, in order to comply with the company's neutral market risk, are derived as an aggregate Buy or Sell position on one or more liquidity providers:
Full transparency of the work
FIBO Group values its reputation as a reliable broker, so it provides the most transparent information about the results of trading in the past periods.
Statistics of price slippage in 2020
The average figures for all accounts over the past year were:
No requotes 55%;
Positive 31%
Negative 14%
Detailed information on each account can be found here
Statistics on requotes in 2020
The average figures for all accounts over the past year were:
No requotes 62%
Positive requotes 28%
Negative requotes 10%
Detailed information on each account can be found here
FIBO Group NDD trading accounts
You can open an NDD account on any of the major trading platforms, such as MetaTrader 4, MetaTrader 5 or cTrader
| 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.