FIBO Group, Ltd. raises MT4 Cent account leverage to 1:3000
FIBO Group, Ltd. said in a notice published on 11 March 2024 that it increased leverage on its MT4 Cent trading account to 1:3000. The account now offers ten leverage settings from 1:1 to 1:3000, uses cents for account calculations and allows deposits starting from 0 USD, according to the announcement.
View original sourceLeverage settings
The notice says the maximum leverage on the MT4 Cent account was increased to 1:3000. It lists ten settings: 1:1, 1:25, 1:50, 1:100, 1:200, 1:400, 1:500, 1:1000, 1:2000 and 1:3000.
Account mechanics
According to the announcement, calculations for the MT4 Cent account are made in cents, reducing transaction volumes by 100 times. The deposit can be any amount starting from 0 USD; a 10 USD deposit is displayed as 1000 USC in the trading terminal. FIBO Group says the account operates on NDD technology, with high-speed trade execution, minimal floating spreads and no requotes.
Risk description
The announcement states that higher leverage offers the potential for greater profits with minimal investments and enables strategies that may yield 2–3 times more profit, while carrying higher risk.
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