FIBO Group Broker Reviews and Full Information

What is FIBO Group?

International Financial Holding FIBO Group (Financial Intermarket Brokerage Online Group) is among the longest-running players in online trading Its history began in 1998. From the very first day of its existence the broker is committed to the rules of transparency actions, while ensuring the protection of rights of the customers and strict compliance with law.

FIBO Group Company was established in the BVI and is still headquartered in the BVI The broker expanded its offerings by introducing an additional entity that is located in Cyprus that is recognized European regulatory approval and the ability to make investments in a secure manner.

Furthermore, FIBO Group world coverage offers high-quality assistance by Vienna, Limassol, Shanghai, Singapore, Munich, Kiev and Astana offices.

10 Points Summary

Awards

In general, FIBO Companies of the holding throughout their years of operation, have received numerous prizes for their outstanding customer service and brokerage accomplishments, as well as hundreds of happy customers they serve all over the world. 

Are FIBO Group safe or a fraud?

FONTEN CORPORATION LIMITED has been a a registered Financial Services and activity firm and is the business that is part of FIBO Group, Ltd. is regulated under the Financial Services Commission, British Virgin Islands. In actual fact, BVI is offshore with relatively low requirements for regulatory compliance and standards for financial companies.

However, an additional organization FIBO Group Holdings Ltd is a company that was founded inside Cyprus. Republic of Cyprus, which was authorized from the Cyprus Securities and Exchange Commission (CySEC) to offer their services for EU residents as well as to other.

According to the European regulation, which runs the same direction as offshore registration for FIBO Group, we can consider the broker an investment choice that is secure.

The broker offers trader security and investment services as well as insurance for professional indemnity as well as is an active participant in the Investor Compensation Fund (ICF). The clients and partners are confident that the services offered through any one of the firms in the FIBO holding Group is in compliance with the highest international standards and is under the supervision of the national regulators.

Instruments

The range of trading products includes providing retail customers or Money Managers and investor programs via the PAMM program. The Forex trading offered by FIBO Group includes 60 currency pairs, including cryptocurrency,with high leverage possibilities and low spreads via the execution model NDD and CFDs that do not incur commissions on swaps, despite the fair fixed spread.

Leverage

When you trade with FIBO Group, you have the option to leverage your trading or loans given to the broker with the in the aim of increasing the size of your trade. Leverage has a wide range of benefits as well as the potential for greater profits, if you make use of tools in a responsible manner and don't get involved with high risk.

In addition the leverage limits, they are also determined by rules and regulations. If you trade with a European company that is part of FIBO Group you will automatically be subject to ESMA regulations, which will lower

• allowed leverage up to an maximum of 1:3 in Major Currency pairs, and as high as 1:10 with respect to Commodities.

However the global FIBO group permits access to the greatest leverage available that is up to 1:1000. This is an extremely high-level to be aware with.

Types of accounts

The account has two types of accounts designed for FIBO group and you are able to pick between the MT4 NDD Account and MT4 NDD Commission Account. While the first account has a competitive variable spreads that start at 0 pips, it is required to pay a commission per transaction, which makes it an ideal option for methods of trading.

And the third account NDD No Commission designed with a fixed spread starting at 0.8 pipand is an amazing option for beginner traders, or for strategies that require the precise calculation of a spread in whatever market condition.

Furthermore you can also use you can also use the Islamic Swap or Islamic Swap accounts for free are accessible to people who adhere to Sharia rules. The accounts come without fees for overnight and higher leverage choices.

Fees

It is worth noting that the FIBO Group spread is different between the two available accounts, and there is the option of trading with fixed spreads without commission, or with variable spreads , and 0.003 percent commission on the transaction. This is actually an amazing option because it allows you to pick the best option for you based on your trading strategy and determine which is the ideal for you.

It is also important to think about the rolling over fee or overnight fee as a cost for trading. The fee is charged for positions that are held for more than a day. For an example, EUR/USD rollovers are around -1.38 in long-term positions, and 0.68 for short positions. Additionally, you can look at a sample of FIBO spreads in the following table. Also, take a look at KAB, a different broker. KAB.

Payment Methods

FIBO Group included flexible deposit or withdrawal options in their offerings that allow safe and secure transactions of money. Payment methods include

• Bank Wire Transfers,
• Card Payments,
• and Payment Systems and online Payments via Bitpay and Blockchain Neteller, Skrill, Qiwi, CashU, fasapay, DixiPay, PaytoDay and ecoPayz etc.

But, be sure to verify with the support team the payment method that is available to the organization you deal with, in addition to your place of residence.

Minimum deposit

FIBO the minimum investment is $100. that allows you to open an NDD accounts with no commission and begin trading. In contrast, NDD Account requires 300$ to start.

FIBO Minimum deposit in comparison to other brokers

Withdrawal

FIBO withdrawal options include a variety including popular bank wires and W-wallets such as Skrill. It is important to note that based on the terms and the method of payment you choose, certain fees that can be waived. Most fees are not charged however some payment options can range between 35-50$ per transfer.

Trading Platforms

Because the selection of the platform is the top prioritization of the client, customers who are part of the FIBO Group can enjoy the most well-known and the most efficient platforms for industry MetaTrader4.

The platform is available via the MT4 WebTerminal as a simple feature that does not require download and is compatible with any operating system. It is also compatible with Windows, iOS and Android devices with its mobile application.

In addition to its full-featured technical indicators built-in, including all kinds of trading orders, and immediate execution, MQL4 offers automated trading options by using its well-known EAs which are also known as Expert Advisors without restrictions. You can choose from a selection of EAs or even design your own using the MQL4 editor.

Social Trading

Furthermore, AutoTrade or a social trading platform myfxbook as a reliable method to copy deals of profitable traders to your account is accessible on the FIBO platform, too. This is an excellent option for novice traders and professionals who want to gain followers.

Another service that is provided from FIBO Group is specifically designed specifically for Professionals and Money Managers who wish to utilize their trading potential through effective instruments that can bring the investment experience to a completely different high-quality, responsible and efficient feature.

Conclusion

FIBO Review of the Group overall showcases the brokerage firm that provides its services to the major regions, Europe, Asia, MENA and CIS regions and offers a variety of trading and services to select from. Because of its their global reach, the firm offers an array of technology and solutions that can be used for nearly every need in trading. There is the need for seamless execution without intervention, a choice between strategies that are based around a fixed spread or a variable spreads, or the need to utilize higher leverage competition-based trading or social trading, all of it is available within the FIBO Group.