...conditions all within a pure STP flawless trading environment. We collaborate with excellent tier 1 banks to provide our valued clients with deep bank liquidity and tight spreads; our NDD model offers a fast execution with no requotes.

Execution Model-STP Fidelis provides forex execution STP (Straight Through Processing). As the forex market trades OTC (over-the-counter), an STP environment allows traders to place their orders directly into the marketplace and taking advantage of multiple Tier 1 liquidity providers. Fidelis uses the latest FIX (Financial Information exchange) protocol specifications to provide direct and transparent execution with real trading conditions to all market participants. With our STP model, customers receive direct access to the best bid and offer available from our Tier 1 banking partners. With Fidelis your orders are executed under 100 sub mili seconds

Advantages of our STP model:
- Direct Market Access with true bid and offer available for quick, fair execution
- Market execution capabilities with instant fills on next available bid or offer
- Unique order management interface with institutional level market access
- Scalping allowed with no restrictions on any order type including stop loss
- Unique back office functionality with hedging allowed with no FIFO restrictions
- Direct API available for algorithmic and systematic trading developers
- Level 1 panel with deep liquidity for increased trading transparency

5.2 Derivation of Quotes: Fidelis’ price Quotes are generally derived from prices provided to Fidelis by institutional liquidity providers and market makers connected to the FX Grid network developed and maintained by Integral Development Corp.

5.1 Spread: Depending on the type of account chosen by the Client, the Spread (Ask-Bid difference) may not be fixed. It will vary depending on the best Bid Price and best Ask Price received from Fidelis' streaming Quote feed. Transaction charges may be incorporated as a mark-up or mark-down depending on a variety of factors.