FIGfx offers state-of-the-art micro, mini, standard and corporate trading accounts to meet each trader’s individual needs. No matter weather you are a beginner or an experienced forex trader, we are sure you will find just the best deals when trading with FIG.
The target bid/ask spreads are available under normal market conditions and are as little as 3 pips. FIG is proud to announce that spreads are fixed at all times and will not be changed in periods of volatility or poor liquidity.
FIGfx aims to provide auto-execution in amounts up to those indicated in the chart. In periods of volatility or poor liquidity, auto-execution amounts may be reduced (in some cases, auto-execution may be disabled altogether). In these cases your deal request will be picked up manually, normally within a few seconds.
Usually, Spot FX positions held at the end of the business day before their Value Date will be rolled over to a new Value Date on a Tom/Next basis. As part of the rollover, positions are subject to a swap charge or credit based on the LIBOR/LIBID interest rates of the two traded currencies with an added markup of +/- 0.25%. In addition to the swap charge or credit, an interest component of LIBOR/LIBID +/- 0.5% will be credited or debited at rollover for any unrealized profit or loss on the position. FIGfx has no swaps, commissions or charges of any kind.
The target bid/ask spreads are available under normal market conditions and are as little as 3 pips. FIG is proud to announce that spreads are fixed at all times and will not be changed in periods of volatility or poor liquidity.
Designed for “scalpers” or active FX traders, the no dealing desk option allows clients to trade off of rates provided to FIG by multiple global banks. This means that during key news and economic events there are absolutely no restrictions on trading.
The no dealing desk option allows traders to place entry orders inside the spread! Unlike competing FX firms, FIG offers traders all the advantage of a “no dealing desk” option with the added benefit of the ability to place orders over the phone 24 hours a day.
The National Futures Association explicitly asks its brokers to state that “No slippage policy applies for normal market conditions only”. FIG would like to mention that our execution policy is rock-solid. Though we cannot guarantee that our rock-solid policy will persist during extraordinary events such as wars, terrorist attacks and natural catastrophes, we would like to state that we religiously adhere to the order execution policy, resulting in less slippage.
Because we know how awful a requote is; FIG’s dealing department have established strict trade execution policies ensuring you will never* get a requote. In almost all cases, the system will give you the deal you requested just at the same exact prices you requested it, unless the difference is too large for the deal to be true. At the moment, FIG’s statistics shows that over 99% of client’s operation is handled with absolutely no re-quotes of any kind.