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€ 100,00 / $ 112.76 * | $ 100.00 / € 88,68 *
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  • FiboGroup
    FIBO Group Ltd, 1998
    MT4, MT5, cTrader, Web
    FSC, CySEC, FCA
    Deposit - 1 USD
    US Allow - No
    Acc Currency -
    Crypto - Yes
    Country -
    Trade - 1 CENT
    Leverage - 1:1000
    Scalping - Yes
    Hedging - Yes
    Bonus - Yes
    Mobile - Yes
    Demo - Yes
    Social - No

    FIBO Group – The Best Forex Broker?

    FIBO Group
    Read our FIBO Group Forex broker review below...
    ...FIBO Group is a group of companies that forms a financial holding company operating on the international market. This holding has the latest technologies in the field of Internet trading in the financial sphere and asset management. The sphere of influence of this holding covers almost all world markets that participate in Internet trading.

    Today FIBO Group is popular among emerging traders and experienced professionals who seek to achieve great success in trade. Thanks to transparency of transactions, convenient instruments and comfortable conditions, trade with FIBO Group has become a fascinating and profitable activity.
    Payments
    47
    Broker Rating
    57
    Reader Rating98 Votes
    50
    Pros
    Very wide selection of shares
    Competitive spreads
    Allows hedging, scalping and EAs
    Islamic accounts are available
    Low margin requirements
    Cons
    Not available for USA traders
    No social trading
    Website can be a little tricky
    Limited range of instruments
    Low number of available CFDs
    52
    Overall Rating
    Broker Check

    FIBO Group Review

    FIBO Group is one of the old residents of the Internet trade market. The opening of his first company took place in 1998. At that time, FIBO (Financial Intermarket Brokerage On-Line) specialized in investment consulting activities. In order to organize work in the format of Internet trading in 2003, the company was created Cradlewood Ltd. A year later, the company changed its name to FIBO Group Ltd. Since 2005, the company has been actively implementing the Internet trading system in the CFD market. The holding companies are registered in three different countries of the world: FIBO Group Ltd – in the British Virgin Islands, FIBO Group Holdings Limited is registered in the Republic of Cyprus, the third company FIBO Australia Pty Ltd, respectively, has official registration in Australia. Each investment activity is regulated by FSC, CySEC and FCA special commissions.

    FIBO Group Features

    FIBO Group gives its clients access to various futures and options exchanges around the world. And all this – through one broker, one of the largest in the world. Customers can trade from a single account with a large number of different instruments from all financial and commodity markets. To provide additional protection to traders, FIBO Group stores all their money in special segregated bank accounts, while the company’s funds are held in a separate account. This provides additional security for customers, which is about the reliability and transparency of the company.

    Broker offers training in FIBO Group Academy programs, which are designed for both aspiring traders and more experienced ones. The company also conducts weekly webinars, offers the development of individual strategies of trade of specialists, provides daily analytics from experts of the company.

    FIBO Group Platforms

    Customers are offered several types of platforms, including MetaTrader 4, MetaTrader 5, WEB Terminal MT4, cTrader. For download on the site available: PC version of the terminal MetaTrader 4, MetaTrader Multi Terminal, designed for traders who manage several accounts at the same time, versions for Android and iOS. MetaTrader 5 is only available for PC. The cTrader terminal is available in the PC and web versions of cTrader Web. The cAlgo platform allows you to create trading robots and your own technical analysis indicators using the language of the C#.

    FIBO Group Accounts

    Separation of accounts at the broker takes place according to the sites available for trade. Thus, for MT4 there are the following varieties:

    • Cent. An account for beginners where you can start with just $1. In this case, the leverage is set up to 1:1000, and the minimum floating spread is 0.6 pips.
    • Fixed. Deposit with a fixed spread of 2 pips. The minimum top-up here already reaches $300.
    • Ndd. Score with automatic execution and zero spread. But you need to pay a commission of 0.003% of the transaction amount.
    • No commission. This option completely lacks any fees. However, the size of the spread will be from 0.8 pips.

    Broker also has NDD accounts for cTrader and MT5 sites. Minimum amount for the first is $100 and the second is $500. Leverage in the Meta Trader 5 account is 1:100, which is in line with EU exchange rules.

    FIBO Group Payments

    To withdraw and replenish your account, Fibo Group offers bank transfer, electronic payment systems WebMoney, Visa/Master Card, Okpay, Neteller, Payoneer, Safecharge, Skrill, Dixipay, Qiwi, RegularPay and Western Union.

    FIBO Group Support

    The customer support at FIBO Group is multi lingual. Depending on where the trader is residing, he can choose the workplace closest to him and phone the support team for support. On the other hand, traders can likewise contact the support team through email, live talk or by requesting a get back to.

    FIBO Group Conclusion

    Fibo Group is a forex broker who knows its strengths. Namely, providing a large selection of platforms for trading and focusing on excellent execution at market prices. Spreads and commissions are very reasonable and they claim the best performance. They have a number of liquidity providers, so you’ll get accurate price flow and low spreads. Trading with Fibo Group is a good choice, you will have a broker who is interested in keeping you in the win and you will be able to trade on any of the most commonly used platforms available on the market.