Types of trading accounts

 

FIBO Group offers our clients four types of trading accounts with the help of which every trader can realize his own potential.
The main differences between the accounts are conditional on a different technology of execution of orders. MT4 Fixed and MT4 Floating accounts refer to the Dealing Desk category (that is, FIBO Group acts as a marketmaker for its clients), MT4 NDD accounts and cTrader STP work on Non Dealing Desk technology (FIBO Group acts as a broker between the clients and interbank forex).
Besides the technology, accounts are characterized by different requirements to initial capital, different values of the minimum amount of transaction, different spreads, presence or absence of commission and other terms.
All of these four types of accounts are united by an invariable high quality service from FIBO Group.
We wish you a comfortable and profitable trading experience!

  MT4 Fixed MT4 Floating MT4 NDD cTrader STP
Trading
platform
MetaTrader 4 MetaTrader 4 MetaTrader 4 cTrader
Techonology
of execution
of orders
Market Maker Market Maker Non Dealing Desk Non Dealing Desk
Minimum
deposit
$300 $300 $50 $300
Fifth
decimal point
no 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 2 from 0.8 from 0 from 0
Commission no no 0.003% from the amount of a transaction 0.003% from the amount of a transaction
Leverage 200 200 400 (for metal - 100) 100
Stop Out
level
20% 20% 50% 100%
Currency of account EUR, USD,
RUR, CHF, GBP
EUR, USD,
RUR, CHF, GBP
USD USD
CFD trading oppurtunity yes yes no no
Amount
of currency pairs
60 60 32 41
The quantity requirement of open positions no no no no
The volume requirement of open positions no no no no