NDD technology

Non Dealing Desk (NDD) is a technology of order execution without the participation of the Dealing Desk.

What is NDD (No Dealing Desk)?

Non Dealing Desk (NDD) is a technology of order execution without the participation of the Dealing Desk. With NDD processing, the client's orders are automatically executed directly at the best available prices of liquidity providers, bypassing the Dealing Desk.

Super-fast execution

By eliminating the involvement of an intermediary, NDD technology significantly reduces the time of order execution.

Speed of execution of orders

Account types

Average time
(daily)

MT4 NDD

0.05

MT4 Cent

0.368

MT4 NNC

0.139

MT4 Fixed

0.153

cTrader NDD

0.089

Narrow spreads

Cooperation with reliable and reputable liquidity providers allows FIBO Group to offer its clients narrow, competitive spreads, and the high volume of liquidity available from the counterparties helps maintain the width of the spreads (their maximum possible stability).

MT4 NDD
Statistics on spreads

Minimum spread Average spread

MT4 Cent
Statistics on spreads

Minimum spread Average spread

MT4 NNC
Statistics on spreads

Minimum spread Average spread

MT4 Fixed
Statistics on spreads

Minimum spread Average spread

Deep liquidity

NDD technology allows you to trade directly with the largest liquidity providers. This technology benefits those who prefer to trade within the same trading day (scalping), especially during news releases that have a significant impact on prices.

When executing market orders, slippage is possible, including in your favor, however, due to the huge liquidity provided by providers, slippage under normal conditions is either absent at all, or is negligibly small. In conditions of low liquidity or explosive price volatility, slippage is usually higher than in a calm market.

MT4 NDD
Order execution statistics

Market

Stop orders

Limit orders

Positive 33% 36% 15%
Negative 13% 18% 0%
At the declared 54% 46% 85%

MT4 Cent
Order execution statistics

Market

Stop orders

Limit orders

Positive 27% 14% 16%
Negative 24% 42% 0%
At the declared 49% 44% 84%

MT4 NNC
Order execution statistics

Market

Stop orders

Limit orders

Positive 20% 24% 26%
Negative 21% 26% 0%
At the declared 59% 50% 74%

MT4 Fixed
Order execution statistics

Market

Stop orders

Limit orders

Positive 8% 0% 0%
Negative 4% 2% 0%
At the declared 88% 98% 100%

When working on trading accounts using NDD technology, all client orders are executed without dealing intervention. Most orders are executed by us in less than 100 milliseconds. Up to 20 orders are executed per second.

The width of the spreads directly depends on the liquidity of the instruments, and the amount of fees charged is set by the NDD broker independently, taking into account the proposals of other market participants (brokers) and in accordance with the market situation.

We carefully select our counterparties and the liquidity available from our chosen suppliers allows us to offer narrow, competitive spreads.

Example:
Typical spread for the EURUSD pair on trading accounts using NDD technology: 0.2-0.3 points.

The commission is only 0.003% of the transaction amount (on the "MT4 NDD" and "cTrader NDD" accounts). 

The broker's interest lies in the growth of trading volumes of the client, which, in case of a long-term cooperation, leads to the accumulation of the broker's remuneration. This focus on long-term cooperation is the reason why FIBO Group has chosen NDD technology as the main one to support the operation of most types of trading accounts offered to our clients.

The execution of orders of traders cooperating with FIBO Group takes place according to the scheme: FIBO Group executes counter (overlapping) orders at the market prices of liquidity providers, and the remaining orders, in order to comply with the company's neutral market risk, are derived as an aggregate Buy or Sell position on one or more liquidity providers:

 

 

 

 

 

Full transparency of the work

FIBO Group values its reputation as a reliable broker, so it provides the most transparent information about the results of trading in the past periods.

Statistics of price slippage in 2020

The average figures for all accounts over the past year were:
No requotes 55%;
Positive 31%
Negative 14%



Detailed information on each account can be found here

Statistics on requotes in 2020

The average figures for all accounts over the past year were:
No requotes 62%
Positive requotes 28%
Negative requotes 10%

Detailed information on each account can be found here

FIBO Group NDD trading accounts

You can open an NDD account on any of the major trading platforms, such as MetaTrader 4, MetaTrader 5 or cTrader

  
Trading platform
Order execution technology
Minimum deposit
Fifth decimal point
Minimum lot/volume step
Spread from, pips
Commission
Leverage
Stop Out level
Account currency
CFD trading
Currency pairs available
Maximum open orders
Maximum order volume
Managed account (PAMM)7
MT4 Cent1 MT4 Fixed MT4 NDD MT4 NDD
No Commission
cTrader NDD MT5 NDD
MetaTrader 4 MetaTrader 4 MetaTrader 4 MetaTrader 4 cTrader MetaTrader 5
No Dealing
Desk
Market Maker No Dealing
Desk
No Dealing
Desk
No Dealing
Desk
No Dealing
Desk
0 ¢ $50 $50 $50 $50 $50
yes no yes yes yes yes
0,01/0,01 0,01/0,01 0,01/0,01 0,01/0,01 0,01/0,01 0,01/0,01
0,6 2 0 0,8 0 0
no no 0.003% from the amount of a transaction no 0.003% from the amount of a transaction 0.005% from the amount of a transaction
1000
(for crypto currencies – 25)
200
(for crypto currencies – 25)
400
(for crypto currencies – 25)
400
(for crypto currencies – 25)
400 400 (for metal – 100)
20% 20% 50% 50% 20% 50%
USD cent, GLD Cent2 EUR, USD, RUR, CHF, GBP EUR, USD, GLD3 EUR, USD, GLD3, BTC46, ETH56 USD, EUR USD
no yes yes no no no
32 43 32 32 33 32
50 no no no no no
100 lots (1 standard lot) no no no no no
no yes yes yes no no

 

 

! On MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Comission, MT5 NDD accounts pending orders SELL LIMIT, BUY LIMIT, SELL STOP, BUY STOP are automatically deleted in 180 days after being placed.

1The service is available for FIBO Group, Ltd clients exclusively.

21 unit cost of the GLD Cent currency is calculated as 1:100 000 of the cost of a troy ounce at the date of transferring. (GLD Cent on MT4 Cent account = market price 1 oz. GOLD/100000)

31 unit cost of the GLD currency is calculated as 1:1000 of the cost of a troy ounce at the date of transferring. (GLD = market price 1 oz. GOLD/1000)

4 1 unit cost of the BTC currency is calculated as 1:1000 of the cost of Bitcoin (BTC=btcusd/1000)

5 1 unit cost of the ETH currency is calculated as 1:100 of the cost of Ethereum

6 Crypto currencies are not available as account currencies for Managed accounts (PAMM) and Affiliate accounts

7 Minimum deposit required to open a Managed account (PAMM) is USD 300