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Abstract:HIBT offers different account types designed for various trading needs, including standard and raw spread accounts. Each account comes with unique features, such as the option for leverage and access to demo or Islamic accounts. In this section, we will explore the types of trading accounts available at HIBT, their corresponding features, and the fees associated with each account, including commission, spreads, swap rates, and bonuses.
HIBT provides multiple account types tailored to different traders. The available accounts offer varying spreads, commission structures, and leverage options to suit both beginners and experienced traders. Below is an overview of the trading accounts and their key features:
Account Type | HIBT Account | Standard Account |
Institutional Spread | Yes | Yes |
Average EUR/USD Spread | 0.0 - 0.3 points | 1.1 points |
Commission | From 7 AUD per 100,000 bilateral transactions | $0 |
Rollover Swap | See your trading platform for market prices | See your trading platform for market prices |
Most Suitable For | Scrapers and Algorithmic Traders | New Traders |
HIBT's fee structure includes both trading fees, such as spreads and commissions, and non-trading fees. The brokers spreads start as low as 0.0 pips for raw spread accounts, and commissions are applied to specific accounts. Swap rates and bonuses are also part of the fee structure. Below is a detailed breakdown of the trading fees:
Fee Type | Details |
Minimum Spread | 0.0 pips |
Commission | 7 AUD per 100,000 transactions (HIBT account) |
Swap | / |
Bonus | / |
Please refer to the Deposit and Withdrawal Information page for further details on related fees.
Q1: What is the maximum leverage at HIBT?
A1: HIBT offers maximum leverage of 1:30 across all account types. This is suitable for traders with a moderate risk tolerance.
Q2: Does HIBT offer a demo account?
A2: Yes, HIBT provides a demo account, allowing traders to practice and familiarize themselves with the platform's features before trading with real money.
Q3: What account types does HIBT offer?
A3: HIBT offers the HIBT Account, Standard Account, and Islamic Account, with varying spreads, commissions, and features tailored to different trading preferences.
Q4: What are the detailed fees of HIBT?
A4: HIBT charges a commission of 7 AUD per 100,000 transactions for the HIBT account, while the Standard account is commission-free. The spreads start from 0.0 pips.
Q5: Does HIBT offer an Islamic Account?
A5: Yes, HIBT offers an Islamic Account, which is available upon request for traders who need to comply with Islamic finance principles.
Q6: What is the spread of HIBT?
A6: The spread for the HIBT account starts from 0.0 pips, while the Standard account offers spreads starting from 1.0 pips.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.