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IC Markets

The speed of https://traderoom.info/fibo-overview/ their servers, the size of the spread, accounts without swaps, ways of depositing/withdrawing funds, responsive support. When I’ve just start I opened a demo account and now I’ve been trading here for some years. It’s comfortable to read analytics on the website, everything hepls to trade in case you are an expert. Finding the best Forex brokers for your needs isn’t the easiest of tasks. However, with the help of the many reviews available it becomes a much easier decision.

That being said, we found both the international and European versions of the broker’s websites very easy to navigate and really quite fun. FIBO Group have enjoyed a good reputation over the years and the fact you can open various demo accounts means you can try everything before risking your own money. There are a good range of trading products available making it possible for most traders to find something to suit them. She has a medical degree with a focus on physiotherapy and a bachelor’s in psychology. However, her interest in forex trading and her love for writing led her to switch careers.

FIND YOUR BROKERWe helped new traders to find their pathCOMPARE BROKERSee what benefits one offers over the other.CHECK THE FOREX GUIDESTrading financial markets has never been easier. Compare top platforms, fees and features to make an informed trading choice. FIBO Group offers two accounts, but it only caters to professional traders.

Company Representative

Good broker, switched to them because of the presence of “negative balance protection”. I’ve come across a lot of positive feedback about this platform, so I signed up for it. While it might not be the absolute best and it’s still quite nice.

1. All three trading platforms have the ability to install or develop custom trading indicators or trading robots.
2. Customer support is available via telephone, a call-back service, and email 24/5 in 12 languages.
3. FIBO Group offers forex, CFDs, Spot Metals, and Cryptocurrency trading.
4. FIBO Group offers two accounts, but it only caters to professional traders.
5. The MetaTrader 4 is an independent trading platform, developed for trading FX, commodities and other products and is one of the most advanced and easy platforms to use.

You can check our full list of cTrader brokers here and check out leading European cTrader forex brokers like Purple Trading or International forex brokers like Axiory, OctaFX or Traders’ Way. Services are provided throughout Europe, Asia, the MENA and CIS regions. The main exclusion areas of services are Australia, Austria, Belgium, Great Britain, Iraq, North Korea and the USA. The European branch of the brokerage is pushed by Fonten Corporation Ltd, based in Gibraltar. The exact address of the company is Suite 925a, Block 8/9, Europort, Gibraltar. It does not seem like the broker is licensed to operate in the EEA.

Our editorial and marketing teams operate independently, ensuring the accuracy and objectivity of our financial insights. We have limited information regarding FiboGroup’s spreads and costs. However, when compared to some market-leading brokers its average spread on commodities is 0.20, which is in line with other leading brokers. This means that in the event of the broker’s financial failure, investors would not be compensated.

1. Customers are offered MetaTrader 4, one of the best internet trading programs currently available.
2. You’ve successfully signed up for our forex newsletter, where you’ll receive expert insights, market analysis, and the latest news straight to your inbox.
3. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
4. Overall, because of its long history of responsible behaviour, strong international regulation, and transparency, we consider FIBO Group a safe broker to trade with.
5. Traders can leverage the advantage of their advanced trading platforms and sophisticated software to enrich their trading experience.

In order to participate you will have to open a FIBO Group MT4 NDD demo account. In addition to that, support can be contacted through email, as well as live chat. The markets covered by Fibogroup include Forex, CFDs, Spot Metals and Cryptocurrencies. Interestingly, the broker also accepts crypto deposits from BlockChain.com (formerly BlockChain.info) as well as in Bitcoin.

Hantec Markets

To select managers, an investor can use the rating of PAMM-accounts of FIBO Group, by sorting it according to profitability, maximum drawdown, age, or size of funds. CySEC has an excellent reputation and requires that brokers keep client funds in segregated accounts, that brokers offer traders negative balance protection, and that brokers issue monthly statements. And professional traders can become representatives (agents) of the company and earn from each transaction already their clients. 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. In this review of FIBO Group, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more.

It is intended for new traders or those with little capital who simply want to test out live trading. Millions of professional traders utilize the MetaTrader 4 (MT4) trading platform, which is extremely well-liked. I use the MetaTrader 4 platform because it was the first one I became used to, and I have since never found the desire to try any other platform. They adhere strictly to the BVI FSC regulations by maintaining all client funds in segregated accounts with tier-1 banks, thereby offering you security and peace of mind. To aid in this evaluation, I suggest reading this article detailing user experiences with their robust online trading services.

With spreads this low, it is even possible to employ scalping strategies as the execution speeds are really fast on the trading platforms, which we have tested ourselves. FIBO Group is a global forex brokerage brand and stands as one of the oldest in the industry in terms of marginal trading. FIBO offers popular and advanced trading platforms coupled with award-winning trading conditions and services.

The registration process and account activation are fully digital, and the broker’s web page is very intuitive and user-friendly. In addition, customer support agents are available 24/7 in case you have any questions. Although there are just 9 crypto CFDs offered by FIBO Group the spreads are low, from 0.16 USD per trade, and it allows traders to speculate on digital assets without owning them. CFDs allow traders to instantly short or go long a cryptocurrency without the waiting times for transaction approval from the blockchain. FiboGroup cannot open client accounts for residents of certain countries due to regulatory restrictions. These countries typically include the United States, Canada, United Kingdom, and countries sanctioned by the European Union or the United Nations.

Disappointingly, FIBO Group offers virtually no trading tools, other than the option of PAMM accounts and various automated trading solutions. The final trading cost to consider at FIBO Group is the swap rate charged on positions held overnight. Interest is paid (or received) for each night a position is held.