On MT4 Fixed accounts FIBO Group acts as a market maker, providing quotes with fixed spreads starting from 2 pips.1
Traders that prefer expert advisors may find it useful as long as the fixed spreads allow them to test a strategy and apply it to automated trade. The tuning of an expert advisors is based on the price history where the “interval” between bid and ask is constant
FIBO Group offers Forex and CFD trading on MT4 Fixed accounts. The spreads for the trading instruments are set according to the liquidity and volatility of a currency pair. In order to get more information about trading conditions, please, visit the specifications section.
1 Maximum volume of a transaction expressed in lot.
2 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.
3 Collateral for a lock position is calculated as follows: For example, we have an open buy position of 1.0 EUR/USD and a sell position of 1.0 EUR/USD; for this lock position (with leverage of 1 to 100) for МТ4 collateral will be 250 EUR + 250 EUR = 500 EUR.
4 In the period from 23:55 till 00:15 EET (bank rollover) liquidity is reducing, spread, minimum distance of customer orders and processing time may be increased, trading switched to "close only" mode, complete prohibition of new trading operations.
1 Maximum volume of a transaction expressed in lot.
2 The swap value is given in pct. p.a of position value. Swap is deducted in triple when the position is transfered from Friday to Monday.
1 Maximum volume of a transaction expressed in lot.
Copper, gasoline, heating oil, corn, wheat, soybeans, and sugar are quoted in cents, the rest in U.S. dollars.
Margin for opening and maintenance of two locked positions on one trading tool equals 1/4 of the initial margin of each open contract.
Tickers CORN, WHEAT, etc. are not trading tickers and are used for analysis purposes only.
Disclaimer:
All FIBO Group CFDs are based on subjectively calculated indicative prices obtained through the algorithms that have been developed by FIBO Group.
The prices generated by using such method as well as FIBO Group CFDs specifications are unique and are property of FIBO Group.
1 Maximum volume of a transaction expressed in lot.
2 The swap value is given in pct. p.a of position value. Swap is deducted in triple when the position is transfered from Friday to Monday.