RoboForex Launches Fixed Zero Spread Feature
RoboForex, a licensed forex broker in Auckland, has developed a new feature. On the official website, as of March 11, 2015, all Roboforex clients registered with Fix-cent and Pro-Cent accounts have the opportunity to trade forex instruments with a fixed zero spread facility.
This fixed spread feature allows traders to be able to trade by knowing the prices in the market in advance so that they have the opportunity to set and predict the number of costs that will be incurred in trading. In other words, the fixed zero spread facility can help traders properly manage trading finances (money management). Of course, this offer will be very attractive to traders who are used to making preliminary calculations before entering the market. Moreover, it can be used on a real account.
Transaction fees vary depending on the ed instrument, as follows:
- EURUSD.z - 20 USD for one lot
- GBPUSD.z, USDJPY.z, EURJPY.z - 30 USD for one lot
- AUDUSD.z, EURGBP.z, NZDUSD.z - 45 USD for one lot
- EURCHF.z, GBPJPY.z, USDCHF.z - 100 USD for one lot
Instant execution mode will be used on Fix-Cent accounts, and market execution mode will be used on Pro-Cent accounts.
Instruments with zero spreads are optional. Roboforex traders can continue trading with instruments with spreads made and choose instrument pairs with zero spread facilities in the same account. With notes, the account used is a Fix Cent account or a Pro Cent account that has been opened or has just been opened.
For Standard Accounts
For standard account holders, don't worry. RoboForex announced that as of March 18th, all trading instruments with zero spreads would be available for Fix-Standard and Pro-Standard MT4 accounts and all standard MT5 accounts. New instruments with zero spreads are available in the following trading terminals; note the suffix:
For MT4 Fix-Cent, Fix-Standard, Pro-Cent, and Pro-Standard accounts - suffix .z
For MT5 Fix-Cent, Fix-Standard accounts - suffix .z
For MT5 Pro-Cent, Pro-Standard accounts - suffix .zm
The purpose of RoboForex providing this feature is to answer the requests of many traders to request accounts with fixed or zero spreads. In addition to these new facilities, Roboforex also innovates by providing CFD stock and commodity trading instruments. Complete information about forex brokers can be seen in Review Brokers.