Brokers News

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

Fibo Group to offer digital currency CFDs Jul 17 2017 08:52:45
FIBO Group launches web version of MT4 Apr 24 2017 13:07:09
Fibo Group launches trading account with gold as a base currency Feb 17 2017 09:38:07
ASIC pushes FIBO Group and XM.com out of the Australian forex market Aug 27 2015 14:45:58
FIBO Group Beefs up License from British Virgin Islands' FSC Feb 07 2014 08:34:58

Broker	Advantages
	FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.


	XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
	FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
	FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
	FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
	FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
	HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.
	Exness is a leading forex broker, offering MT4 and MT5 platforms. Traders can take advantage from a true ECN environment and trade on ultra tight spreads, starting from 0 pips.

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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