In order to continuously improve trading conditions and client needs, brokerage Fibo Group is constantly developing its facilities. This time, the broker introduces its newest account type, MT4 NDD No Commission.
This account operates using No Dealing Desk technology by freeing traders from commissions normally charged for opening and closing positions. NDD technology provides an opportunity for traders to trade directly with the largest liquidity providers via the world's electronic networks. This technology may be of interest to traders who like intraday trading (scalping). Especially when market volatility increases due to news releases.
NDD MT4 Account Advantages No Commission
- Huge liquidity of world banks.
- No requotes.
- Floating Spread with low average.
- Execution at high speed
NDD technology will be implemented on the world's most popular platform, Meta Trader 4. Market orders will be executed at the best market rates from liquidity providers, once they reach the electronic trading system.
The minimum deposit to open an account is 300 USD or equivalent in another currency. The base currency options for this account are USD, EUR, and Gold. Maximum leverage of 1:400 . Fibo Group's Commission-Free NDD MT4 Account offers 36 currency pairs and two CFDs on gold and silver precious metals. For complete specifications, visit the official website of the Fibo Group broker.
This new account type is available for opening since 17th April 2017. You can open a demo account first to try out the features of Fibo Group's No Commission MT4 NDD account.