02. About the Broker
01. Which Broker Does CTI Use?
We use a 3rd party technology provider to ensure best price execution, connects us directly to the liquidity provider using STP (Straight Through Processing). It is vital you understand that you’re one of our traders and not the broker’s client. CTI is the broker’s client.
The STP (or Straight Through Processing) requires no dealing desk. All orders are routed to the broker’s liquidity providers, and prices are executed at the bid/ask rate provided by liquidity providers.
Liquidity providers, in this case, are hedge funds, big banks, and investors that effectively act as counterparties to each trade.
02. What is the leverage on the accounts allowed by the broker?
The leverage is 100:1 for all the funded accounts.
03. Do you charge both spreads and commissions at the same time?
Yes, we charge both spreads and commissions. Our spreads are very tight 0.4 pips on EURUSD on average. Our commission is $9 per round lot traded charged at the open of the trade.
04. What is the minimum amount of pips from the current price a trader is allowed to place?
The minimum is 2 pips.