FIBO Group Broker

FIBO Group International Financial Holding (Online Inter-Financial Brokerage Group) is one of the oldest players in the forex market. The first holding company was established in 1998. This broker has started working with the motto of transparent activity principles, to protect the interests of customers and strictly comply with applicable laws and orders of national regulators. FIBO's customers and partners can be sure that all services provided by any of the companies in the FIBO group holding are in accordance with the highest international standards and are under the control of regulators.

Fibo Group broker accounts

Broker FiboGroup offers 6 types of trading accounts to its users. Each of them has features that you can choose one according to the conditions and capital of the trader.
MT4 Cent
MT4 Fixed
MT4 NDD
MT4 NDD No Commission
cTrader NDD
MT5 NDD
One of the positive features of this broker is offering NDD accounts (no trading desk). The NDD accounts of this broker are connected to the liquidity providers of the forex market with STP technology and can execute your order quickly and without ricocheting. The following accounts can be mentioned from NDD accounts.

FIBOGroup credentials

FiboGroup is registered with  regulators under two names, one for its European customers, and the other for other parts of the world.
FIBO Group Holdings Ltd is regulated by the accredited regulatory body CySEC under license number 118/10. This regulation is reliable and valid. It is only for European clients of the broker.
The second regulation of the FiboGroup broker is the license of the British Virgin Islands Financial Services Commission, abbreviated as FSC. FIBO Group is registered under the name of FIBO Group Ltd in this regulatory body.
Also, this broker has received the certificate of good faith, known as the BVI certificate, from the FSC.

Fibogroup support

Fibogroup broker has 24-hour support 5 working days a week through the site. It also has a phone call available.

Fibogroup tools and training

By opening an account, in addition to a good economic calendar, the trader also gets access to the educational videos of this broker. Also, this broker has uploaded its tutorials on YouTube and novice traders can use them.

Leverage in FIBOGroup broker

Leverage in this broker is different depending on the account. The highest available leverage is 1:1000 MT4 Cent account. But normally, the leverage of the accounts is 1:400. Crypto leverage is 1:25.

What symbols can be traded on Fibogroup?

Fibogroup provides you with 41 currency pairs, more than 20 world famous indices, along with crude oil and metals. It is also possible to trade 9 Crypto.

Trade fees in FiboGroup

The cost of trade depends on the chosen account of the trader, since the spread and trading volume are very important for most traders. FXFinancer company offers the MT4 NDD account type to its traders, and the commission is 0.003% of the transaction amount. In this type of account, the trader can buy and sell CFDs. One of the most important points that can encourage traders to use this broker is the low spreads of this broker. In the NDD account, it is the spread, and in the global gold ounce, it is only 15 cents.

FIBOGroup broker trading platforms

Fibo is one of the few brokers that supports CTrader in addition to Metatrader 4 and 5. The account offered to FXFinancer traders is MT4 NDD, which is offered on the Metatrader 4 trading platform.

What is the minimum initial charge to open an account in FIBOGroup?

If you want to trade directly with your own capital, it is better to know that almost all accounts of this broker (except MT5 NDD account) require a minimum deposit of 50 dollars. The said account, however, requires a deposit of $1,000, which may be a large amount for beginners.

FIBOGroup bonus

Like many other brokers, Fibogroup also has a first deposit bonus, traders can benefit from a free bonus by registering and opening an account in Fibogroup. To use this bonus, you must first deposit at least $200 in your account.

Deposit and withdrawal methods from FIBOGroup

Bank Transfer (SWIFT)
Credit Card
Neteller
Skrill
WebMoney
Fasapay
Radio Finance
Bitpay
Radio Spare