Safety https://traderoom.info/fibo-overview/ is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. There are 43 total Forex pairs on FIBO Group’s platforms, but on several account types, there are only 32 pairs offered. Spreads start from 0.6 pips and depending on the trading account can go as high as 1 pip or as low as 0 pips with a little trading commission.

Min Deposit

The FIBO Group’s education component is just one page long and explains the fundamentals of forex trading. The connections to the FIBO Group’s YouTube channel, where traders may find various instructive videos organized into courses, are the most valuable elements of this page for traders. This account has the same specifications as the MT4 NDD Account, with the exception that there is no fee and the trading cost is included in the spread (from 0.8 pips). The MT4 NDD account provides access to important liquidity providers thanks to NDD technology. This account provides the most accurate order execution and very tight spreads. The two systems are user-friendly and completely customizable, and the interface and trading apps look remarkably similar.

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All in all, there are multiple asset classes available at FIBO Group allowing traders to choose their preferred assets easily and switch between various markets giving them great flexibility. It offers access to MT4, MT5 as well as cTrader, with all the bells and whistles one would expect from these trading platforms. Given the selection of outstanding trading platforms it offers, is can be assumed that Fibogroup is indeed easy to use. The MT4 and MT5 platforms, as well as cTrader are well-known and mastered by most traders.

The MT5 account is the least attractive of all unless you like that trading platform of course. This is because the minimum deposit is set at $1,000 and the trading commission is $50 per million, that’s 70% more expensive than all other account types offered by the company. Most of the variations revolve around the MT4 platform which is most likely a popular choice for their clients.

1. FIBO Group is regulated by the Financial Services Commission (FSC) of the British Virgin Islands (BVA) and the Cyprus Securities and Exchange Commissions (CySEC).
2. She has a medical degree with a focus on physiotherapy and a bachelor’s in psychology.
3. The FIBO Group has a well-rounded and professional offering for traders looking to trade a wide range of assets, particularly Forex currency pairs and individual shares.
4. For more information on available instruments, visit FiboGroup’s website.
5. The Manager receives compensation only in the case of a profitable investment period.

FIBO Group is regulated in the British Virgin Islands and Cyprus. The broker has been operating on the brokerage scene since 1998 and offers over 1,300 trading instruments in diverse asset classes. There’s a wide range of account types available, including the full set of MetaTrader and cTrader platforms, and traders get 24/7 online customer support in case of any issues. The broker has negative balance protection for retail clients, is part of a compensation fund, and saves all client funds in segregated accounts. There are six different account types to choose from with FIBO Group. The MT4 Cent account requires no minimum deposit whatsoever, and allows trading with floating spreads starting at a minimum of 0.6 pips.

However, it is encouraging to note that the broker has also incorporated tools to enrich the trading experience allowing you to maximize your trading potential. Except for the already mentioned asset classes of Forex, cryptos, indices, and commodities, there are 20 futures available on FIBO Group platforms. The minimum spreads start from 0.01 USD and are pretty competitive. The futures include popular indices like the US500 and US30 and commodities such as soft and hard commodities of agriculture and precious metals.

Metals

1. The broker features no fewer than 6 different account types, from the MT4 Cent, all the way to MT5 NDD.
2. There are in web (online work) and install- (downloadable, can work without access to the network) formats for PCs, tablets and smartphones.
3. However, her interest in forex trading and her love for writing led her to switch careers.
4. Such Islamic accounts completely forego swaps, providing an accommodating platform for clients of diverse religious beliefs.
5. The broker has negative balance protection for retail clients, is part of a compensation fund, and saves all client funds in segregated accounts.

First, there is the MT4 Cent Account, which is for micro trading with very small investments, there is no minimum deposit on this account type. Second, the MT4 Fixed account is a fixed spread account which doesn’t charge any commissions. Third, the MT4 NDD account is available in two formats, with a commission and a narrower spread and a zero commission format with a wider spread.

Tailored specifically for the MetaTrader 5 trading platform, this account at FIBO Group is the perfect fit for professional traders engaged in scalping and automated trading strategies. With its specialized features and capabilities, this account provides an optimal environment to execute fast-paced trades and implement automated algorithms. Their user-friendly platform, tight spreads, and reliable customer support make trading a breeze.

The complete name of the broker is Financial Intermarket Brokerage Online Group. Fibo does indeed offer the cTrader platform as well as MetaTrader 4 and MetaTrader 5. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Although fibogroup.com are currently running a free Forex contest “Trader’s Triple Chase” with the chance to win $25,000.

Reviews about FIBO Group even on the verified sites are contradictory. Some users praise the brokerage company for its stable work, the absence of slippages and problems with payments. Others talk about fraud (“drawing” quotes, “losing” client funds, etc.) and ignoring the interests of the client. But judging on the whole, the broker’s reputation is not the best. The different accounts are easy to understand and transparent from this description. The accounts labeled “NDD” are no dealing desk type accounts, the other accounts are market maker type.

FIBO Group offer a good range of trading accounts

Is FIBO Group just another scam, or a worthwhile product of its time? Once you receive your confirmation email, simply log in using your designated username and password. The FIBO Group offers facilities in PAMM, Automated Trading (including signals), and even Asset Management.