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Fibo Group hikes 4-fold leverage on cTrader NDD accounts

Jun 30 2017
By
Jonathan Smith

Cyprus-regulated forex broker Fibo Group announced it is improving the trading conditions on its cTrader NDD accounts, starting from July 3, 2017.

 

According to the new conditions, the leverage will be raised to up to 1:400, while the minimum deposit requirement will be reduced to $100. Currently the maximum leverage on the cTrader NDD account is 1:100 and the minimum required deposit is $300.

 

The new Stop Out level will be 20%, which is expected to minimize losses.

 

Additionally, Fibo Group adds a new account currency – the Euro, in an effort to minimize expenses for its clients from the eurozone.

 

Apparently, the average spread on this type of accounts will remain 0.2 pips on the most popular forex pair EUR/USD, plus a commission of $6 per lot round turn. The cTrader NDD account offers trading in around 40 forex pairs, including majors, minors and some exotics.

 

Another trading platform offered by Fibo Group is the popular MetaTrader 4.

 

Fibo Group has licenses from the offshore Financial Services Commission (FSC BVI) and CySEC, as FIBO Group Holdings Ltd.  The Cypriot branch of the broker offers trading in 42 currency pairs, as well as CFDs and spot metals, and a leverage of up to 1:400.  

 

 

TAGS: Fibo Group  ctrader  ndd 

More news about FIBO

Forex
Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
cTrader
$100 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

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