FIBOGroup is a well-established broker since 1998. FIBOGroup has headquarters in Austria, British Virgin Islands, Chile, China, Cyprus, Germany, Kazakhstan, Russian Federation, Singapore and Ukraine. They are generally well-suited for FIBOGroup to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by CySEC 118/10 and FSC (BVI) SIBA/L/14/1063.


Company Information

Website
www.fibogroup.com

Established
1998

Country
Austria, British Virgin Islands, Chile, China, Cyprus, Germany, Kazakhstan, Russian Federation, Singapore and Ukraine

Regulation
CySEC 118/10
FSC (BVI), SIBA/L/14/1063

Features

Interest rate on funds

Trading by telephone

PAMM accounts

MAM accounts

Segregated accounts

Managed accounts

Islamic accounts available

Account Information

Apart from the forex demo account , this broker offers MT4 Fixed, MT4 Floating, MT4 NDD, cTrader STP, MT4 Cent, MT5 NDD and MT4 NDD No Commission. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by FIBOGroup is up to 1:1000. Meanwhile, you can open an account with a starting capital of $1

If you want to look for a more simple explanation regarding this broker's account type(s), take a loot at the following chart:


pin

Minimum Deposit

$1

pin

Maximum Leverage

1:1000

pin

Spread

Fixed and Variable

pin

Commission

$3


Minimum Deposit $50

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FIBOGroup also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Futures and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for MT4 Fixed account, FIBOGroup specifically provides it with the following instruments and leverage:


Forex

Forex
1:200

Gold & silver

Gold & silver
1:50

Futures

Futures
1:200

Cryptocurrencies

Cryptocurrencies
1:10


Minimum Deposit $300

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FIBOGroup also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil and Futures for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for MT4 Floating account, FIBOGroup specifically provides it with the following instruments and leverage:


Forex

Forex
1:200

Gold & silver

Gold & silver
1:50

Futures

Futures
1:200


Minimum Deposit $50

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FIBOGroup also offers some instruments you would like to trade on, such as Forex, Gold & silver and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for MT4 NDD account, FIBOGroup specifically provides it with the following instruments and leverage:


Forex

Forex
1:400

Gold & silver

Gold & silver
1:100

Cryptocurrencies

Cryptocurrencies
1:10


Minimum Deposit $300

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Browser-based platform

Trading via API

Instruments Traded

Besides lots of currency pair, FIBOGroup also offers some instruments you would like to trade on, such as Forex for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for cTrader STP account, FIBOGroup specifically provides it with the following instruments and leverage:


Forex

Forex
1:100


Minimum Deposit $1

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FIBOGroup also offers some instruments you would like to trade on, such as Forex and CFD for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for MT4 Cent account, FIBOGroup specifically provides it with the following instruments and leverage:


Forex

Forex
1:1000


Minimum Deposit $500

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FIBOGroup also offers some instruments you would like to trade on, such as Forex and Gold & silver for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for MT5 NDD account, FIBOGroup specifically provides it with the following instruments and leverage:


Forex

Forex
1:100

Gold & silver

Gold & silver
1:33


Minimum Deposit $50

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FIBOGroup also offers some instruments you would like to trade on, such as Forex and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for MT4 NDD No Commission account, FIBOGroup specifically provides it with the following instruments and leverage:


Forex

Forex
1:400

Cryptocurrencies

Cryptocurrencies
1:10

Payment Methods

Bitcoin : As a payment method, Bitcoin is reliable for its low cost and quick process. Brokers have been integrating Bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.

CashU : If you live in the Middle East, CashU is one of the most popular online payment services there. CashU is a digital wallet that allows clients to pay or transfer money online instantly and offer users its own pre-paid MasterCard with no absolutely additional fees attached. Introduced in July 2002, CashU has targeted the Middle East and North African markets where it serves close to 2.3 million customers. This is the reason why many of the forex brokers that are expanding in the North African and Middle East market accept CashU as one of their payment methods.

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

FIBOGroup also provides payment with Bitcoin Cash, Credit/debit cards, Ethereum, Local bank transfer, Perfect Money, Ripple and Tether (USDT)




Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, FIBOGroup offers you MetaTrader 4 (Limited with 60 days of inactivity), MetaTrader 5 (Limited with 60 days of inactivity) and cTrader (Limited with 60 days of inactivity).

Customer Support

Do you have any question or find any trouble related to FIBOGroup? If you do, you should reach FIBOGroup's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

Arabic
Chinese
English
German
Indonesian
Persian
Russian
Spanish

Office
Support

Email
Support

Call
Support

Chat
Support

Extensive Review

International Financial Holding, officially known as FIBOGroup (Financial Intermarket Brokerage Online Group), is a brokerage company offering online trading services since 1998. With the mission to always meet the highest international standards, FIBO is currently regulated by the Financial Services Commission of the British Virgin Islands and the Cyprus Securities and Exchange Commission (CySEC).

The company is very "generous" in offering different types of trading accounts. Aside from Cent Account and MT5 NDD, the minimum deposit in FIBOgroup's accounts starts from $50. It is important to note that MT5 NDD requires a minimum deposit of $1000. Trading in FIBOGroup enables traders to enjoy variable spreads, although the MT4 Fixed account offers fixed spreads from 2 pips.

Meanwhile, the average maximum leverage in FIBOGroup is 1:400. Only two types of accounts have different standards of the highest leverage; 1:1000 in Cent Account and 1:200 in MT4 Fixed.

FIBOGroup provides a comprehensive market analysis comprised of contents on long-term forecasts, economic calendar, interest rates, financial instruments, and Shares.

The company also houses a proprietary PAMM feature that allows professional traders to become Account Managers with a profit-sharing system. New traders who open accounts in FIBO can benefit from PAMM by following an Account Manager that they choose by their preferences. For this particular feature, FIBOGroup provides a special feature of the Manager rating table.

Since its invention in the late 1990s, FIBOGroup has reached global recognition. They have official branches in Vienna, Limassol, Munich, Shanghai, Kyiv, Limassol, and Almaty. Deposit and withdrawal options range from wire transfer, credit card, BitPay, Blockchain, Neteller, Skrill, Perfect Money, FasaPay, and many others.

In conclusion, FIBO Group is an experienced broker for adventurous traders who like to try out various trading conditions; from variable spreads to fixed spreads, from MT4 to cTrader, from low leverage to high leverage, from independent trading to PAMM trading. Their low deposit requirement also indicates that it is open to all kinds of traders regardless of their amount of capital.




FAQ About FIBOGroup


Is FIBOGroup a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if FIBOGroup is a good broker for you or not by reviewing the criteria. In general, FIBOGroup provides trading service in Forex , Gold & silver , CFD , Oil , Futures and Cryptocurrencies . As for the payment methods, you can choose between Bitcoin, Bitcoin Cash, CashU, Credit/debit cards, Ethereum, FasaPay, Local bank transfer, Neteller, Perfect Money, Ripple, Skrill, Tether (USDT), WebMoney and Wire transfer. The customer support is available via Callback, Email, Live chat, Office and Phone.


What is the minimum deposit for FIBOGroup?

The starting capital in FIBOGroup is $1.


Is FIBOGroup regulated?

FIBOGroup is regulated by CySEC 118/10 and FSC (BVI) SIBA/L/14/1063. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is FIBOGroup legit?

FIBOGroup is a brokerage company offering trading services for clients since 1998 with offices in Austria, British Virgin Islands, Chile, China, Cyprus, Germany, Kazakhstan, Russian Federation, Singapore and Ukraine.


Give Your Review and Rate This Broker


These aspects are optional but will determine your review's reliablity


20 Reviews

Charger Good
This review is not supported by evidence

Sep 20 2020

This broker is honest and comprehensive. They accepted my payment via Skrill instead of Neteller.

Niana
This review is not supported by evidence

Sep 19 2020

They have a really slow customer support, and it can be so annoying that I prefer not to use this broker at all!!

Animassen
This review is not supported by evidence

Sep 18 2020

Stay away from this. I lost money due to MT4 malfunction. A few of my positions did not close on time. The same day and time two other brokers' charts closed similar positions on MT4. They received charts screenshots to compare but denied any accusation of the wrongdoing.

MunichChris
This review is not supported by evidence

Sep 17 2020

NDD and fixed Spreads for Major-Pairs are little better than customary in the market. Usually no commission and good Swap-conditions for intraday and swing-trader. MT4-liquidity is better than most CY-brokers, avarage more than 200 lots a day in EUR/USD. You can also find many Minor-Pairs with real good conditions.

Overheard Radio
This review is not supported by evidence

Sep 16 2020

My experience with Fibogroup.com is fine.
Execution is fine, spreads are fine, getting positive SWAPS. Overall good Broker.

Demi Demik
This review is not supported by evidence

Sep 15 2020

Its a big scam, they can close account at any time. Russian-speaking clients even a special site opened with historys. Russian office (Moscow) was closed.

TrapLock
This review is not supported by evidence

Sep 14 2020

I'm surprised that there are so much negative reviews. It's one of my first broker (where I lost some money) started to trade here in 2012 or 2013. No slippages, requotes, withdrawal was well (lost not everything). I choose this broker beccause they had many positive reviews.

Alexis
This review is not supported by evidence

Sep 13 2020

Their support are often curt but not overly unpleasant and they always respond nonetheless. Here am talking about the technical support team for elevated response. The normal support is almost immediate in chat but you would notice they are all East European or Russian.

Lukita
This review is not supported by evidence

Sep 12 2020

I was recommended Fibogroup and initially, I had no problems. Recently however, I had only my winners close early and last night, my position closed after a 7 pip loss and I had no stop loss on it. With the strategy I'm using now, this kind of activity has caused me a lot of headaches and a loss on my account. Also with stop orders, this broker will fill you once it hits the price and not when it goes through it. I have not seen this with other brokers. I will be leaving Fibogroup now.

Marlene
This review is not supported by evidence

Sep 11 2020

I trade with Fibo Group last few months. Fibo has faster executions, fast withdrawals (max 2-3 days), NO REQUOTES. Good contact with customer support and manager. Only one minus- negative swaps, but usually I do not leave opened position for night. General, very good broker. Good luck!

Alansoi
This review is not supported by evidence

Sep 10 2020

I submitted my withdrawal request 2 days ago but blocked by them because they don't send SMS for confirmation to my phone. Their support is poor as they don't call or respond to live chart. DO NOT deposit with this broker.

Riccho
This review is not supported by evidence

Sep 9 2020

I sent 4 emails on 4 different occasions and not one of these emails was responded to (2 in one office, and 1 to the other 2 offices). It was just general questions on a account type (nothing hard). There is never anyone available on chat. I think this company has shut down. If it is not shut down, I could still not advice anyone to open an account here as they do not respond to the most basic of questions.

Clinton
This review is not supported by evidence

Sep 8 2020

I made a withdrawal from my Fibo cTrader account and as usual, I got a withdrawal confirmation from them. But due to national holiday it being held, so I waited. But after more than 2 weeks I received no money nor any other communication. Personally I don't like this behaviour.

Vin2020
This review is not supported by evidence

Sep 7 2020

I am very upset yesterday just before market close I noticed that my free margin and margin had been swapped and manipulated. My account automatically close in losses due to the low free Margin.

Agaff
This review is not supported by evidence

Sep 6 2020

Good broker, I love the NDD account type for very low spread and excellent execution. I never had a problem with the executions, fast and no requote, very fair pricing. Easy deposit and withdrawal, fast transfer form it's bank account into mine.
The most importnat thing is the customer service is good, fast response and always give the solution of my complaince.

Richard
This review is not supported by evidence

Sep 5 2020

For now, I opened an account with them, deposited money on it using Neteller, worked fine the first time, but now, the second time, they say me they have a problem accessing Neteller to check my deposit, so I must wait til tomorrow.

Dennise
This review is not supported by evidence

Sep 4 2020

Fibo Group is a good broker. They offer low spreads and all my orders are executed instantly on MT4. I have been trading with this broker for over a year after I switched from my old broker. So far everything is perfect.

Anon
This review is not supported by evidence

Sep 3 2020

Crypto currency mining super hash power has really been an awesome GPU rigs for me using the 10GH/s, the software has earn me more profit this past few weeks.

LongDayToday
This review is not supported by evidence

Sep 2 2020

Be careful of a fraudulent institution. If you make money, they enter fake stop and fake orders. They messed up my account. Just be careful.

Dwonder
This review is not supported by evidence

Sep 1 2020

They claimed that thaye have no requotes, but I have observed abnormal spikes that do not exist with any other brokers. Prices that are nowhere else they explained this as stemming from their liquidity providers.