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MT4 NDD

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Best choice for trading on news

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What is NDD technology?

STP (Straight Through Processing) technology that is implemented on MT4 NDD (No Dealing Desl) accounts grants an opportunity to trade directly with the largest liquidity providers for world electronic networks. This technology may be interesting to those who prefer intraday trading (scalping), especially on news releases that increase the volatility of the market. 

Deep liquidity from the worlds’ leading banks
Low floating spreads
High execution speed
No re-quotes
Market order

How it works

NDD technology trading is implemented on a trading platform that is familiar to traders from all over the world – Meta Trader 4. 
Market orders are executed at the best market price of the liquidity providers once the order reaches the electronic trading system where it will be executed at the STP-technology. Thus, it may slip between the price that you see in the terminal, and the price of execution. Moreover, such slippage can also be in your favor. Since the system can provide you with high liquidity, this slippage, under the normal conditions, either does not exist at all or is immaterial. Under low liquidity or explosive volatility conditions, the slippage is generally higher than on a quiet market.

NDD accounts advantages

  1. Execution of Stop orders

    Once the price reaches the stop order level in the MT4, a request for an order execution would be transmitted via the bridge to the trading system, where the order would be executed at the best market price of the liquidity providers at the moment the order reaches the system. Thus, in case of stop orders, as well as in case of execution of market order, slippage between the stop price and price of execution may occur. Moreover, slippage can also be in your favor..

  2. Margin requirements

    If at any time «Equity» (current balance including open positions) becomes equal or less than 50 % of the margin held for the open positions, the dealer has the right on his own discretion to close any of the open positions in order to maintain margin requirements.

    During weekends and public holidays the margin requirements may increase from 1 % to 3 % (i.e. the maximum leverage for this period would be 1:33).The client is obliged to bring his open positions in accordance with the increased margin requirements at least 30 minutes before the trading session closes (before bidding).
  3. Execution of Limit orders

    Once the price reaches the limit order level in the MT4, a request for the order execution is transmitted via the bridge to the trading system. Please note that a partial execution of the order is possible. For example, you want to buy 200 lots EUR / USD at 1.27500. If only 100 lots at this price are available for buying, the total volume of your transaction will be 100 lots (not 200 lots), which is the volume that is currently available on the market. Obviously, you are likely to encounter partial execution only when dealing with large volume transactions.

    Also, please note that if you use a limit order facility, you will never get a price worse than the one that was stated in your order i.e, you will either get your order executed at the requested price or at the better price.



Contracts specifications

Settings
Currency pair Typical spread Max volume1 Swap2 Standard lot size Collateral Collateral for lock position3 One point value Commission EET trading hours
Long Short
AUD/CAD 1.5 100 0 -0,597 100 000 AUD 100 000 AUD 25 000 AUD 10 CAD 3 AUD 0000 Mon — 2359 Fri
AUD/CHF 2 50 0,231 -0,763 100 000 AUD 100 000 AUD 25 000 AUD 10 CHF 3 AUD 0000 Mon — 2359 Fri
AUD/JPY 1.5 100 0,261 -0,862 100 000 AUD 100 000 AUD 25 000 AUD 1 000 JPY 3 AUD 0000 Mon — 2359 Fri
AUD/NZD 3 50 -0,619 0,155 100 000 AUD 100 000 AUD 25 000 AUD 10 NZD 3 AUD 0000 Mon — 2359 Fri
CAD/JPY 1.7 100 0,027 -0,562 100 000 CAD 100 000 CAD 25 000 CAD 1 000 JPY 3 CAD 0000 Mon — 2359 Fri
CHF/JPY 1.5 200 -0,314 -0,314 100 000 CHF 100 000 CHF 25 000 CHF 1 000 JPY 3 CHF 0000 Mon — 2359 Fri
EUR/AUD 2 50 -1,352 0,424 100 000 EUR 100 000 EUR 25 000 EUR 10 AUD 3 EUR 0000 Mon — 2359 Fri
EUR/CAD 2 100 -0,768 0,099 100 000 EUR 100 000 EUR 25 000 EUR 10 CAD 3 EUR 0000 Mon — 2359 Fri
EUR/CHF 1 200 -0,286 -0,252 100 000 EUR 100 000 EUR 25 000 EUR 10 CHF 3 EUR 0000 Mon — 2359 Fri
EUR/GBP 0.5 200 -0,263 -0,088 100 000 EUR 100 000 EUR 25 000 EUR 10 GBP 3 EUR 0000 Mon — 2359 Fri
Full table
Settings
Ticker Typical spread Max volume1 Swap2 Standard lot size Collateral Collateral for lock position3 One point value Commission EET trading hours
Long Short
XAG/USD 2 cents 40 -0,0004 -0,0002 5 000 oz tr 100 oz tr 25 oz tr 50 USD 0 USD Mon: 0100 — 2400
Tue — Fri: 0000 — 0015, 0100 — 2359
XAU/USD 30 cents 40 -0,0069 -0,0029 100 oz tr 100 oz tr 0,5 oz tr 10 USD 0 USD Mon: 0100 — 2400
Tue — Fri: 0000 — 0015, 0100 — 2359
Full table

1 The figures in columns represent the quantity of points charged to a customer’s open position if it is rolled over to the following day. These values are calculated based on differences between short-term interest rates. Since the value date is the second business day after a transaction is entered into, Monday next week is the value date for transactions entered on Wednesday. Accordingly, from Wednesday to Thursday swaps are charged in triple size.

2 Margin for a lock position is calculated as follows:
— at full lock the margin is the margin that is required for the first open order of the lock;
— at partial lock the margin is the total margin for the greater order of the lock.

For example:
— we have an opened a full lock position: BUY 1.0 EUR/USD at 1.2750 and a SELL position of 1.0 EUR/USD at 1.2550 (leverage is 1:100); Margin=1,2750×100 000/100 =1 275$
— then we add a  SELL 1.0 at  1.2450 to this lock position.

Margin = 1 255$+1 245$ = 2 500$.