FIBO Group Review 2020

Rating 4 / 5

FIBO Group

Why FIBO Group ?

Fibo Group is a forex broker and offering his services in Forex since 1998. FCA and CySEC The company is authorized and regulated by CySEC and FCA. The company has multiple offices throughout the world including Munich, Vienna, Kiev, Limassol, Almaty, and Shanghai. The company has won many awards like Best CFD Broker in 2011 and Best Forex Execution House Russia & Cis 2012.

About FIBO Group

The broker is having more than 20 years of forex industrial experience. Fibo Group is divided into two groups. Fibo Group Ltd is registered in the British Virgin Islands and regulated By FCA. Fibo Group Holdings Ltd in Limassol and regulated by CySEC. To fulfill the needs of every trader, the company is offering different types of trading accounts. 

Demo account and Islamic swap-free account service are also available for the clients. You have the chance to work in a pure ECN environment via NDD Technology. Multi-language Client Support is also available 24 hours through Live Chat, Telephone, and email. 

Trading accounts 

There are currently 6 types of trading accounts that Fibo Group is offering which are: 

MT4 Cent

  • Leverage up to 1:10000.
  • Minimum deposit starts from 0 cents.
  • Spread from 0 to 6 points.
  • Suitable for new traders or for the testing of expert advisors.
  • Easy and fast withdrawal of funds. 

MT4 Fixed 

  • Fixed spread starts from 2 points.
  • Spread not change even on news time.
  • Leverage up to 1:200.
  • Easy and fast withdrawal of funds. 

MT4 NDD(No Commission)

  • No dealing desk open order directly with liquidity providers.
  • No re-quotes.
  • No commission by the broker.
  • Leverage up to 1:400.
  • Good for scalping and short term traders.
  • Easy and fast withdrawal of funds.

MT4 NDD

  • No dealing desk open order directly with liquidity providers.
  • No re-quotes.
  • Minimum deposit is just $50.
  • Less floating spread.
  • Leverage up to 1:400.
  • Good for scalping and short term traders.

CTrader NDD

  • No dealing desk open order directly with liquidity providers.
  • No re-quotes.
  • Minimum deposit is just $50.
  • Less floating spread.
  • Leverage up to 1:400.
  • Good for intraday traders to do in-depth trading analysis with advance features of CTrader. 

MT5 NDD

  • No dealing desk open order directly with liquidity providers.
  • No re-quotes.
  • Trade on Meta Trader 5 Platform.
  • Less floating spread.

CTrader NDD

  • No dealing desk open order directly with liquidity providers.
  • No re-quotes.
  • Less floating spread.
  • Leverage up to 1:400.
  • Good for intraday traders to do in-depth trading analysis with advance features of CTrader. 

Trading Platforms

Besides MT4 and MT5 platform the broker is also offering the CTrader Trading platform. Every kind of trader has his own taste. So, the broker is fulfilling the needs of every style of trader. Also, trader copier service is available for their clients to copy traders of most successful traders.

FIBO Group Overview

Founded 1998
Tel +43 720 02 23 55
Email service@fibogroup.com
Website https://www.fibogroup.com/
Leverage Up to 1:1000
Broker Type Market Maker + ECN
Regulated By FSC, CySEC
Headquarter In Austria
US Clients No
Binary Trading No
Spread 0.01 Pips
Minimum Deposit $1
Spread Type Fixed + Variable
Commission Yes
Islamic Accounts Yes
ECN Accounts Yes
Demo Trading Yes
Metals Trading Yes
Oil Trading Yes
Trading Instruments Currencies, Cfds, Stocks and Crypto Currencies
No Deposit Bonus N/A
Deposit Bonus N/A
Other Bonus FIBO Group Partner With Us
Trading Platforms MetaTrader 4, MetaTrader 5, CTrader
Mobile Trading Yes
Web Trading Yes
Tel +43 720 02 23 55

Comments:



  • Megan Jen

    Megan Jen

    i like their NDD accounts to make money without any slippage.
    Reply
    3 months ago