【General Information】
Q: What types of trading accounts does FIXIO Securities offer?
A: FIXIO Securities offers multiple trading account types to meet different needs. Choose the one that best suits your trading style:
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STP Prime Account – Low-cost, fast order execution
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ECN Prime Account – Direct liquidity provider connections, minimal slippage
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ECN Premier Account – Exclusive support and premium trading conditions
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OTC Micro Account – Ideal for beginners, low-risk trading
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OTC Advance Account – Suitable for intermediate traders expanding trade volume
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OTC PRO Account – High liquidity, optimized conditions for professionals
【Account Details】
Q: What is the difference between STP, ECN, and OTC accounts?
A:
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STP (Straight Through Processing) Account: Orders are processed directly to the market with lower trading costs.
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ECN (Electronic Communication Network) Account: Orders are directly connected to multiple liquidity providers, reducing slippage.
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OTC (Over-the-Counter) Account: Orders are matched between liquidity providers, bypassing the exchange.
Q: Who should use each account type?
A:
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STP Prime Account – Best for traders looking for cost-efficient, fast execution.
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ECN Prime Account – Ideal for large-scale traders and professionals.
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ECN Premier Account – Suitable for experienced traders requiring premium conditions.
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OTC Micro Account – Recommended for beginners and small-scale traders.
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OTC Advance Account – Best for intermediate traders expanding their strategies.
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OTC PRO Account – Tailored for professional traders and institutional investors.
【OTC Account Usage & Conditions】
Q: Can I open an OTC account immediately?
A: No. OTC accounts are available only to traders who have used an STP or ECN account for a certain period. Applications are subject to review and approval.
Q: How do OTC accounts execute trades?
A: OTC trades are matched directly between liquidity providers (LPs) without going through an exchange.
Q: Are there any prohibited trading methods for OTC accounts?
A: Yes. The following trading methods are prohibited on OTC accounts:
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Copy trading
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Hedging
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Scalping
【Important Notes】
Q: What should I be aware of when using an OTC account?
A:
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Market liquidity may fluctuate, affecting trading conditions.
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Trading risks should be well understood, and proper risk management is recommended.
Q: How can I open an account?
A: All accounts require approval based on eligibility criteria. Please visit our official website or contact customer support for details.
Start your trading journey with FIXIO Securities today!