Identifying a good broker will not be complete without checking the testimonials. This is because experience speaks louder than words.
The market research and analysis provided by Fibo team of experts have been invaluable in my trading journey. Their insights and recommendations have helped me make more informed trading decisions.
How about FiboGroup? Is it still recommended in 2020?
This broker is honest and comprehensive. They accepted my payment via Skrill instead of Neteller.
They have a really slow customer support, and it can be so annoying that I prefer not to use this broker at all!!
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.
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.
My experience with Fibogroup.com is fine. Execution is fine, spreads are fine, getting positive SWAPS. Overall good Broker.
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.
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.
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.
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