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FIBOGroup Review

Broker Information Security Popularity Payment Spec Instruments Score
Security B
Popularity D
Payment A
Spec A
Instrument A
B
D
A
A
A
score 67
FIBOGroup
  Regulation 60  
CySEC
FSC (BVI)
  Security 100  
Segregated accounts
Established more than 10 years
Compensation scheme
  Instrument 100  
Forex
Crypto
Oil
Gold
  Platform 100  
MetaTrader 4
MetaTrader 5
cTrader
  Payment 100  
Bank Transfer
Credit/debit card
Crypto
Neteller
WebMoney
Skrill
FasaPay
Perfect Money
Wire
  Features 100  
PAMM
Copy trading
Bonus
Education
Api
Affiliate
Automated trading
Manage
  Spec 100  
Islamic account
Hedging
Scalping
Leverage more than 1:500
Fixed Spread
Low spread eur/usd
Swap

💲 Min Deposit $1

Year Established 1998

💼 Regulation

💡 Min Position 0.01 lot

🌐 Website www.fibogroup.com

🌎 Country CyprusBritish Virgin Islands

Max Leverage 1:1000

👨‍💻 PAMM

📁 Segregated accounts

📈 Managed accounts

📊 MAM

Compensation scheme

🕋 Islamic account

Low spread eur/usd

Education

Copy trading

FIBOGroup is a well-established broker since 1998. FIBOGroup has headquarters in Cyprus and British Virgin Islands. FIBOGroup to provide their Forex/CFD trading services to over 4 million clients.

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

Founded in 1998, FIBO (Financial Internet Brokerage Online) Group is a Forex and CFD broker headquartered in the United Kingdom and regulated by CySEC. FIBOGroup is one of the oldest players in marginal internet trading as it provides a trading platform that offers a wide range of assets such as spot metals, indices, ETFs and individual stocks, and Forex currency pairs on major and minor financial markets.


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.

Account Information

Apart from the forex demo account, this broker offers MT5 NDD, MT4 NDD No Commission, MT4 NDD, MT4 Floating, MT4 Fixed, MT4 Cent and cTrader STP. 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.

Clients can choose between 7 account types:

  • MT4 Fixed: MT4 Fixed account requires a minimum deposit of $50 and 0.01 lots minimum trade. All options come with fixed spread, scalping/hedging capabilities, Expert Advisors, trailing stop, pending orders, one-click trading, mobile trading, as well as automated trading. Swaps, or rollover rates, are charged on positions held overnight.
  • MT4 Floating: The minimum deposit required is $300 with a minimum position size of 0.01 lots. MT4 Floating is a variable based which supports scalping, hedging, and Expert Advisors. Further features are trailing stop, pending orders, one-click trading, mobile trading, and automated trading. This account also charges swap rates.
  • MT4 NDD: With variable spreads option, FIBOGroup traders can open an MT4 NDD account after deposit $50 and minimum trade sizes of 0.01 lots.  The account boasts Expert Advisors, hedging opportunities, trailing stop, pending orders, one-click trading, mobile trading, and automated trading. However, it also charges overnight swap fees.
  • cTrader STP: The minimum deposit at cTrader STP is $300. The minimum transaction size is 0.01 lots. Spreads are variable. The account offers hedging capability, trailing stop, pending orders, one-click trading, browser-based platform, and trading with API. However, swap rates for positions held overnight apply.
  • MT4 Cent: A $1 minimum deposit applies with 0.01 lots minimum order size. Spreads are variable. Key features of MT4 cent are Expert Advisors, scalping opportunity, trailing stop, pending orders, one-click trading, mobile trading, and automated trading.
  • MT5 NDD: MT5 NDD minimum deposit requirements are at $500 and a minimum trade size of 0.01 lots. Spreads are variable. Clients can benefit from a range of additional tools such as trailing stop, pending orders, one-click trading, mobile trading, and automated trading.
  • MT4 NDD No Commission: Minimum deposit is $50 and a minimum trade size of 0.01 lots. Spreads are variable. MT4 NDD No Commission allows hedging. Traders can also attach a trailing stop, pending orders, as well as using one-click trading, mobile trading, and automated trading.
pin

Min Deposit

$1

pin

Max Leverage

1:1000

pin

Spread

Variable and Fixed

pin

Commission

$3

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



💲 Min Deposit $500

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

Trailing stop

Pending orders

1️⃣ One-click trading

Automated trading

💸 Commission

Fees

Spreads on major currencies are also reasonable, starting from 0.3 pips for EUR/USD and 1 point for major indices, including NASDAQ. The gold spread is around 0.5 USD and crude oil is 8 cents.

Commissions start at 0.003% from the amount of the transaction. FIBOGroup also $5 inactivity fee for accounts that lie dormant for 91 days or more. In addition, they also charge clients swap fees for holding positions open overnight.

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.

There are 5 key markets available at FIBOGroup:

  • 48 currency pairs
  • spot metals
  • over 20 CFDs on major indices and commodities
  • 9 CFDs on cryptocurrencies
  • range of shares.

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


💲 Min Deposit $50

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

💱 Hedging

Trailing stop

Pending orders

1️⃣ One-click trading

Automated trading

💸 Commission

Fees

Spreads on major currencies are also reasonable, starting from 0.3 pips for EUR/USD and 1 point for major indices, including NASDAQ. The gold spread is around 0.5 USD and crude oil is 8 cents.

Commissions start at 0.003% from the amount of the transaction. FIBOGroup also $5 inactivity fee for accounts that lie dormant for 91 days or more. In addition, they also charge clients swap fees for holding positions open overnight.

Instruments Traded

Besides lots of currency pair, FIBOGroup also offers some instruments you would like to trade on, such as Forex and Crypto 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.

There are 5 key markets available at FIBOGroup:

  • 48 currency pairs
  • spot metals
  • over 20 CFDs on major indices and commodities
  • 9 CFDs on cryptocurrencies
  • range of shares.

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


Forex

Forex
1:400

Crypto

Crypto
1:10


💲 Min Deposit $50

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

💱 Hedging

🕛 Overnight interest rates (swaps)

Trailing stop

Pending orders

1️⃣ One-click trading

Automated trading

💸 Commission $3

Fees

Spreads on major currencies are also reasonable, starting from 0.3 pips for EUR/USD and 1 point for major indices, including NASDAQ. The gold spread is around 0.5 USD and crude oil is 8 cents.

Commissions start at 0.003% from the amount of the transaction. FIBOGroup also $5 inactivity fee for accounts that lie dormant for 91 days or more. In addition, they also charge clients swap fees for holding positions open overnight.

Instruments Traded

Besides lots of currency pair, FIBOGroup also offers some instruments you would like to trade on, such as Forex, Gold & silver and Crypto 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.

There are 5 key markets available at FIBOGroup:

  • 48 currency pairs
  • spot metals
  • over 20 CFDs on major indices and commodities
  • 9 CFDs on cryptocurrencies
  • range of shares.

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

Crypto

Crypto
1:10


💲 Min Deposit $300

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

💱 Hedging

🕛 Overnight interest rates (swaps)

Trailing stop

Pending orders

1️⃣ One-click trading

Automated trading

💸 Commission

Fees

Spreads on major currencies are also reasonable, starting from 0.3 pips for EUR/USD and 1 point for major indices, including NASDAQ. The gold spread is around 0.5 USD and crude oil is 8 cents.

Commissions start at 0.003% from the amount of the transaction. FIBOGroup also $5 inactivity fee for accounts that lie dormant for 91 days or more. In addition, they also charge clients swap fees for holding positions open overnight.

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.

There are 5 key markets available at FIBOGroup:

  • 48 currency pairs
  • spot metals
  • over 20 CFDs on major indices and commodities
  • 9 CFDs on cryptocurrencies
  • range of shares.

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


💲 Min Deposit $50

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

💱 Hedging

🕛 Overnight interest rates (swaps)

Trailing stop

Pending orders

1️⃣ One-click trading

Automated trading

💸 Commission

Fees

Spreads on major currencies are also reasonable, starting from 0.3 pips for EUR/USD and 1 point for major indices, including NASDAQ. The gold spread is around 0.5 USD and crude oil is 8 cents.

Commissions start at 0.003% from the amount of the transaction. FIBOGroup also $5 inactivity fee for accounts that lie dormant for 91 days or more. In addition, they also charge clients swap fees for holding positions open overnight.

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 Crypto 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.

There are 5 key markets available at FIBOGroup:

  • 48 currency pairs
  • spot metals
  • over 20 CFDs on major indices and commodities
  • 9 CFDs on cryptocurrencies
  • range of shares.

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

Crypto

Crypto
1:10


💲 Min Deposit $1

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

Trailing stop

Pending orders

1️⃣ One-click trading

Automated trading

💸 Commission

Fees

Spreads on major currencies are also reasonable, starting from 0.3 pips for EUR/USD and 1 point for major indices, including NASDAQ. The gold spread is around 0.5 USD and crude oil is 8 cents.

Commissions start at 0.003% from the amount of the transaction. FIBOGroup also $5 inactivity fee for accounts that lie dormant for 91 days or more. In addition, they also charge clients swap fees for holding positions open overnight.

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.

There are 5 key markets available at FIBOGroup:

  • 48 currency pairs
  • spot metals
  • over 20 CFDs on major indices and commodities
  • 9 CFDs on cryptocurrencies
  • range of shares.

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


Forex

Forex
1:1000


💲 Min Deposit $300

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

💱 Hedging

🕛 Overnight interest rates (swaps)

Trailing stop

Pending orders

1️⃣ One-click trading

💸 Commission

Fees

Spreads on major currencies are also reasonable, starting from 0.3 pips for EUR/USD and 1 point for major indices, including NASDAQ. The gold spread is around 0.5 USD and crude oil is 8 cents.

Commissions start at 0.003% from the amount of the transaction. FIBOGroup also $5 inactivity fee for accounts that lie dormant for 91 days or more. In addition, they also charge clients swap fees for holding positions open overnight.

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.

There are 5 key markets available at FIBOGroup:

  • 48 currency pairs
  • spot metals
  • over 20 CFDs on major indices and commodities
  • 9 CFDs on cryptocurrencies
  • range of shares.

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


Forex

Forex
1:100

Payment Methods

The process of funding funds into a FIBOGroup account is easy and safe because it can be done using various methods, including credit card, Skrill, CashU, WebMoney, Neteller, and wire transfer. Withdrawals can be made via Neteller, Skrill, Webmoney, wire transfer. Please note that the methods above vary depending on your jurisdiction.

There may be some deposit commissions, for example, bank transfers cost between $35-50, though most other deposit methods are commission-free. Withdrawal commissions start from 0.5%.

All methods have various processing times, from within a few minutes for some e-payment systems, up to a few days for bank transfers and some credit card payment systems.

Payments can be made via the following methods:

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.

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.

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.

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.

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



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).

  • MT4: The MT4 trading platform is the top choice for traders of all levels of experience. The software offers a customizable interface and supports various trading styles. Through MT4, traders can analyze the market at 9 different time intervals, using 30 indicators and various graphical objects. There is also a trading history feed as well as real-time quotes on Market Watch.

    metatrader 4

  • MT5: MT5 is the successor to MT4 which comes with several differences, including the addition of an economic calendar and Depth of Market liquidity. There are also more complete technical indicators and drawing tools, plus 21-time intervals and advanced order and execution types.

    metatrader 5

  • cTrader: cTrader platform is suitable for both professional and novice traders. The platform offers one-click trading, market sentiment indicators, economic news, Market Depth view, and cAlgo integrated trading robot. There are also more than 50 indicators and 26 chart time frames to choose from along with a copytrading function.

    ctrader

 

Unique Features

FIBOGroup has a wealth of additional tools designed to improve your trading experience and output:

  • The market-maker type account can be opened with either fixed or variable spread regimes.
  • PAMM System
  • Dedicated Automated Trading services, including signals provision.
  • Asset Management

 

Research and Education

FIBO Group offers some additional research and education materials including:

  • YouTube videos on forex basics.
  • Up-to-date market analysis is provided on current market conditions and events which are dominant fundamental and sentimental factors.
  • The section on Long-Term Forecasts, which at the time of this review was empty.
  • A competent calendar of events likely to influence markets is included for easy time-based reference.
  • Free charting tool with live instrument prices is also placed within the Analytics section.
  • Table of current interest rates in the more important global economies is included, which can be useful in fundamental analysis.

 

Bonuses and Promotions

At the time of writing, FIBOGroup offers RDO-5% bonus promotion from the 15th of October 2021 through the 31st of December 2021 for clients of FIBO Group, Ltd (BVI) who opened and activated an MT4 NDD account in the RDO base currency in the promotion's duration period. New FIBO Group clients and those who have already signed up can both participate in the promotion.

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:

FIBOGroup runs the customer support team from Cyprus, who can be contacted using a telephone (+44 [845] 09-50-118), email ([email protected]), or live chat. Besides Cyprus, there are dedicated lines and email addresses listed on the FIBO Group's website allowing communication with their offices in Shanghai, Singapore, and Limassol. Alternatively, you can also try one of the global representative offices in Kazakhstan, Germany, or China.

Website Languages

Arabic
German
English
Spanish
Persian
Indonesian
Russian
Chinese
Italian
Polish
Portuguese
Thai
Turkish
Ukrainian
Vietnamese

Office Support

Email Support

Call Support

Chat Support



FAQ About FIBOGroup

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 , Crypto , CFD , Oil and Futures . As for the payment methods, you can choose between WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, Local bank transfer, FasaPay, Crypto, Ethereum, Crypto Cash, Ripple, Tether (USDT) and Perfect Money. The customer support is available via Email, Phone, Callback, Live chat and Office.


The starting capital in FIBOGroup is $1.


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.


FIBOGroup is a brokerage company offering trading services for clients since 1998 with offices in Cyprus and British Virgin Islands.


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The market research and analysis provided by Fibo team of... More
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Fast deposit and withdrawal is always good. All the money... More
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1 Comment

Peter

Jul 28 2023

Thanks to Fibo, I've become more confident in my trading decisions. Their analysis is always up-to-date and accurate, which helps me conduct successful transactions.

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