Markets Pricing

Spot forex and metals are traded over-the-counter (OTC), meaning there is no single centralised exchange. Prices are sourced from multiple liquidity providers, including banks and non-bank market makers. NEOMAAA aggregates these quotes and selects the best available price, the tightest bid and ask, then applies a spread markup, which constitutes our transaction fee. This approach consistently delivers pricing that is better than the industry average. Spreads are floating and vary based on real-time market liquidity and volatility.

Example:

At a given moment, we receive EUR/USD quotes from three liquidity providers: 1.12345/1.12355, 1.12350/1.12360, and 1.12348/1.12358. We select the best bid (1.12350) and the best ask (1.12355), then apply our spread markup to determine the NEOMAAA quoted price. Because we start from the tightest available price rather than an average, our clients receive more competitive pricing. Actual spreads vary by account type: Cent and Standard accounts from 1.0 pip; Raw accounts from 0.0 pips plus commission.

NEOMAAA provides direct market access (DMA) for cryptocurrency CFD trading. Prices are passed through directly from the exchange without any modification to the underlying pricing. NEOMAAA does not intervene in the price formation process; our revenue comes solely from a commission charged per trade. This ensures that clients trade at genuine exchange prices with full transparency.

Example:

When you trade BTC/USD, the price you see is the real-time exchange price. NEOMAAA does not add spread markup or adjust the bid/ask in any way. Instead, a fixed commission is applied per trade. Cryptocurrency CFD spreads reflect the actual exchange spread and may widen during periods of high volatility or low liquidity on the underlying exchange.

NEOMAAA provides direct market access (DMA) for share CFD trading. We pass through the underlying exchange's buy and sell prices without modification. NEOMAAA does not alter the exchange pricing; our revenue is derived exclusively from a commission charged per trade. This means you are trading based on true market prices with full price transparency.

Example:

Consider a stock on the underlying exchange with a sell price of $99.95 and a buy price of $100.05. When trading this stock as a CFD with NEOMAAA, you see the same $99.95/$100.05 prices. A commission is charged separately per trade. If the underlying market spread widens to 99.80/100.20, your quoted price adjusts accordingly; NEOMAAA does not add any markup on top of the exchange spread.

Our cash index pricing is derived from the mid-price provided by our price sources, with adjustments made for spreads. We set our index spreads based on specific times throughout the day to reflect changes in the underlying market liquidity. Typically, our spreads are widest when the underlying futures market is closed and tightest during peak trading sessions. Many price providers, including ours, establish cash index prices by taking the futures price and adjusting it for fair value, taking into account expected dividends of the constituent stocks and relevant market interest rates.