【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:
-
STP Prime Account – Low-cost, fast order execution
-
ECN Prime Account – Direct liquidity provider connections, minimal slippage
-
ECN Premier Account – Exclusive support and premium trading conditions
-
OTC Micro Account – Ideal for beginners, low-risk trading
-
OTC Advance Account – Suitable for intermediate traders expanding trade volume
-
OTC PRO Account – High liquidity, optimized conditions for professionals
【Account Details】
Q: What is the difference between STP, ECN, and OTC accounts?
A:
-
STP (Straight Through Processing) Account: Orders are processed directly to the market with lower trading costs.
-
ECN (Electronic Communication Network) Account: Orders are directly connected to multiple liquidity providers, reducing slippage.
-
OTC (Over-the-Counter) Account: Orders are matched between liquidity providers, bypassing the exchange.
Q: Who should use each account type?
A:
-
STP Prime Account – Best for traders looking for cost-efficient, fast execution.
-
ECN Prime Account – Ideal for large-scale traders and professionals.
-
ECN Premier Account – Suitable for experienced traders requiring premium conditions.
-
OTC Micro Account – Recommended for beginners and small-scale traders.
-
OTC Advance Account – Best for intermediate traders expanding their strategies.
-
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:
-
Copy trading
-
Hedging
-
Scalping
【Important Notes】
Q: What should I be aware of when using an OTC account?
A:
-
Market liquidity may fluctuate, affecting trading conditions.
-
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!
