FIBO Group Review 2024
Reviewed by
Oliver Townsend
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Visit FIBO Group |
| Overall Rating |
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| Commissions Rating |
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| Education Rating |
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| Service Rating |
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| Founded |
1998 |
| Regulation |
FSC, CySEC, FCA |
| Standard account |
$50 |
| Leverage |
1:1000 |
| Spread |
0.01-2 |
FIBO Group General Information
FIBO Group (Financial Intermarket Brokerage Online Group), an integral component of the international financial and investment conglomerate, stands as a pioneering force in the online marginal trading industry. With roots dating back to 1998, FIBO Group has withstood the test of time, asserting its presence as one of the most longstanding and significant players in the digital trading realm. From its inception, the ethos of FIBO Group has revolved around maintaining transparency, safeguarding customer interests, and ensuring stringent adherence to the regulations set forth by national governing bodies.
As an esteemed member of the FIBO Group family, the Fibo group forex broker has carved out its niche as a premier provider of online marginal trading services and products in the competitive financial market landscape. Catering to a diverse clientele base, ranging from individual traders to institutional entities, the broker guarantees that all its offerings, disseminated through its subsidiaries, align with international trading benchmarks and operate within the purview of recognized financial regulatory authorities.
Committed to delivering a superlative trading experience, Fibo Group delves into forex CFD trading, creating an environment characterized by advantageous trading conditions. With a dedicated team constantly gauging and adapting to the evolving needs of traders, Fibo ensures that its forex trading strategies not only remain efficient but also yield fruitful outcomes. To further bolster its commitment, the broker furnishes traders with an arsenal of tools, such as a currency calculator and comprehensive daily market analyses, enabling traders to make informed decisions backed by robust data. The positive feedback and reviews peppered across various industry forums underscore the broker's esteemed position and its unwavering popularity among the global community of currency traders.
Our Distinctive Edge
- Premier Trading Software: At the heart of our services is a suite of state-of-the-art trading software tailored to meet the diverse needs of our clients. Our offerings include industry favorites such as MetaTrader 4 and MetaTrader 5, the versatile Web Terminal MT4, and the intuitive cTrader platform.
- Two Decades of Excellence: Established in 1998, we pride ourselves on being among the pioneering forces in the online marginal trading sector, bringing with us a wealth of experience and trust built over two decades.
- A Truly Global Footprint: Our expansive global reach, with presences in Europe, Central, and East Asia, positions us as a truly international entity. This global operation allows us to cater to a wide array of clientele, ensuring that we're always within reach.
- Recognition and Awards: Our commitment to excellence hasn't gone unnoticed. Both our loyal clientele and peers within the professional community have consistently recognized our contributions to the industry.
Why Partner with Us?
With FIBO Group Company's strategic licensing under the regulations of numerous countries, we're equipped to offer our clients a vast spectrum of financial instruments and investment opportunities. Our physical presence spans key financial hubs including Limassol, Munich, Almaty, and Shanghai. This strategic global positioning, combined with our diverse team, ensures that we provide localized support with a global perspective.
Pioneering in Margin Markets
With an illustrious journey spanning over 20 years in margin markets, FIBO Group has relentlessly refined its offerings. Through consistent innovation and feedback from our traders, we've honed in on the optimal blend of trading accounts and conditions, tailored to fulfill the distinct needs of the trading community.
- Competitive Spreads: Our dedication to offering competitive rates is evident with our low spreads that begin as favorable as 0 pips for primary instruments. This is complemented by a diverse palette of 41 currency pairs, ensuring traders have ample opportunities in the forex market.
- Execution Efficiency: Aiming for seamless trading experiences, we've adopted Instant Execution technology. However, it's worth noting that for those on our MT4 NDD and cTrader NDD accounts, the Market Execution technology is the driving force. This efficient execution ensures traders can confidently set limit orders, stop losses (S/L), and take profits (T/P) with the assurance of their execution at the specified price.
- Trading Flexibility: We recognize the diverse strategies and financial capacities of our traders. Thus, our minimum lot is set at a considerate 1,000 units of the base currency, which is equivalent to 0.01 of a standard lot. Furthermore, for traders keen to start their journey with us, our minimum deposit threshold is set at an accessible 0 USD or its equivalent in another currency.
- Leverage Parameters: At FIBO Group, leverage options range from a minimum of 1:1, peaking at an impressive 1:1000, offering traders a margin as low as 0.1% of the trade volume. However, for those using the MT4 NDD account, the leverage caps at 1:400, balancing opportunity with risk management.
- Rollover and Swaps: For traders who opt to extend their position beyond the original trading day, it's imperative to note the automatic shift in the settlement date. In terms of swaps, our calculations, anchored in pips, derive their foundation from LIBOR rates. These rates are subsequently converted into the account's currency as per the server time exchange rates at 00.00 and are then promptly credited to your trading account.
In essence, FIBO Group's offerings, sculpted over decades, prioritize trader-centric solutions, ensuring a comprehensive and efficient trading environment.
Locations of Distinction:
- Almaty
- Limassol
- Shanghai
- Munich
Your success in the trading world is our priority, and with FIBO Group, you're always in good hands.
Empower Your Investments
In the dynamic world of FOREX and CFD markets, there are multiple avenues to amplify your profits. While independent trading remains a popular choice, the modern investor also has the advantage of leveraging Managed Accounts (PAMM) and our state-of-the-art Automated trading services. Remember, the reins of your investment always remain firmly in your hands, ensuring you retain the flexibility to define your investment style, preferences, and duration.
Dive into Managed Account (PAMM) Opportunities
The Managed Account (PAMM) system introduces a novel way to optimize your investment by harnessing the expertise of seasoned traders, also known as Managers. As an investor, you provide these Managers with a larger trading volume to work with, capitalizing on their proficiency. In return for their expertise, Managers receive a predetermined fee. However, it's essential to highlight that this fee becomes payable only when the Manager secures a profit. This profit is then equitably distributed among the Investors, corresponding to their individual stakes in the PAMM.
Discover the Edge of Automated Trading
For those seeking a hands-off investment approach without compromising on returns, our Automated Trading Service is the answer. This avant-garde system facilitates the replication of trades from accomplished traders directly to your account. Say goodbye to the days of constantly monitoring terminals or navigating cumbersome fund transfers. Our system is built for efficiency, conducting all operations automatically within your trading account. Moreover, with our meticulously crafted rating system, you can seamlessly identify and choose the trading signal that aligns best with your investment goals.
FIBO Group Trading Information 2024
Address Wipplingerstrasse 34 (office 37), 1010 Vienna, Austria
Support Phone +43(1)2675644, +43(1)3469999009
Trading software MetaTrader 4 (MT4) is a haven for traders, encompassing all the essential tools required for impeccable trading. This platform boasts:
- A vast array of instruments and state-of-the-art indicators primed for technical analysis.
- Real-time news feeds, quotes, and interactive charts.
- The ability to handle multiple customizable windows enriched with user-defined indicators and studies.
- Multiple chart formats including lines, Japanese candles, and bars for diverse trading approaches.
Dive Deeper:
- Popularity: MT4 stands as the go-to choice for a multitude of traders worldwide.
- Diverse Trading Options: From varied order types to instant execution, everything's at your fingertips.
- Automation Excellence: Explore the realm of automated trading.
- Tech Powerhouse: Over 50 intrinsic technical indicators, supplemented by a robust MQL4 editor for crafting personalized indicators.
- Unrivaled Security: With 128-bit encryption combined with a sophisticated electronic signature, your data remains impregnable.
cTrader: The Pinnacle of Precision Trading Available On: cTrader | cTrader Web | cAlgo
Designed for both the seasoned trader and the newcomer, cTrader emphasizes precision and direct access. Its NDD (No Dealing Desk) technology ensures:
- Direct trading with global banks, eliminating any superfluous intermediaries.
- Lightning-fast order execution, averaging under a millisecond.
- Minimal slippage thanks to cloud-based solutions and its integrated nature with major quotes aggregators and liquidity providers.
Dive Deeper:
- Blazing Speed: Witness the rapidity of order processing like never before.
- Interactive Trading: Seamlessly open orders straight from charts.
- Innovative Analysis: Advanced technical analysis tools at your disposal.
- Multilingual & Multi-Account: Manage diverse accounts across 14 languages.
- Market Insight: The 'Market Depth' feature offers a snapshot of the real-time market landscape.
- Enhanced Flexibility: Trade effortlessly via a proxy server, design bespoke indicators, and enjoy smooth integration with cAlgo.
MetaTrader 5: The Future of Fluid Trading Available On: Windows
MetaTrader 5 (MT5) champions a transformative trading system, marrying distributed architecture with unmatched efficiency and adaptability. Its unique offerings include:
- The latest NDD (No Dealing Desk) technology, aligning with global online trading norms.
- Enhanced order processing, competitive spreads, and enticing swaps – a trifecta that sets FIBO Group Ltd apart.
- Elevated liquidity courtesy of the company's esteemed partner, Sucden Financial.
- A shift from the conventional 4 digits after the decimal point to a more precise 5, capturing the minute nuances of the market.
Elevate your trading experiences with platforms that not just meet but anticipate your needs. Join the future of trading today!
With over two decades pioneering in margin markets, FIBO Group has meticulously crafted the ultimate synergy of trading accounts and conditions. Tailored to the nuanced demands of traders, our offering ensures you receive the pinnacle of forex trading experiences.
- Optimal Spreads: Enjoy the advantage of ultra-competitive spreads, commencing from a striking 0 pips for principal instruments, spanning across 41 diverse currency pairs.
- Real-Time Rates: Benefit from dynamic streaming forex rates. Our state-of-the-art Instant Execution technology ensures rapid trades. Note that for MT4 NDD and cTrader NDD accounts, we implement the Market Execution technology.
- Unwavering Execution: Rest assured, your limit orders, stop losses (S/L), and take profits (T/P) will be executed at the declared price, offering you a reliable trading environment.
- Flexible Trading Quantities: Trade with a minimum lot of 1,000 units of the foundational currency, equivalent to 0.01 of a standard lot, giving you the flexibility to manage your investment size.
- Inclusive Entry Point: Dive into the world of forex with a minimal deposit barrier set at 0 USD, or its equivalent in another currency, ensuring accessibility for all.
- Leverage Dynamics: Experience the power of leverage ranging from a conservative 1:1 to an aggressive 1:1000, translating to a marginal requirement as low as 0.1% of the transaction volume. For MT4 NDD accounts, leverage scales up to 1:400. Furthermore, if you extend your position to the subsequent day from its opening, the settlement date is automatically adjusted.
- Precise Swap Computations: We calculate swaps in pips anchored to the globally recognized LIBOR rates. Post this, they are transmuted into your account's currency based on the server time's 00.00 exchange rates and then seamlessly credited to your trading account.
Embark on a rewarding forex journey, fortified by precision, transparency, and unmatched trading conditions, all under the trusted umbrella of FIBO Group. Your venture into the vast world of forex trading deserves nothing but the best. Choose FIBO Group, where excellence is a standard, not a goal.
When considering trading in precious metals with us, it's crucial to be aware of the contract sizes. Specifically, for Gold, the minimum contract size is set at 100 ounces. For Silver, this size increases to 5,000 ounces.
- Quotation Standards: In the contemporary financial world, the standard for quoting Gold and Silver prices is predominantly in two major currencies: USD (U.S. Dollar) and Euro. The currency in which the price is quoted can typically be discerned directly from the contract name. This makes it transparent and straightforward for traders to understand their exposure in terms of currency.
- Leverage Options: Flexibility in trading is essential, and that's why we offer a wide range of leverage options. Depending on your risk appetite and strategy, you can opt for leverage ranging from a conservative 1:1 to a more aggressive 1:1000. This range allows both novice and experienced traders to find a leverage point that aligns with their trading style.
- Positional Trading - Long and Short: Diversity in trading strategies is a cornerstone of a successful trading experience. With our platform, traders have the freedom to open both 'long' (buy) positions if they anticipate a rise in asset prices, and 'short' (sell) positions if they foresee a decline. This dual approach lets traders capitalize on market movements in either direction.
- Swap/Rollover Considerations: It's vital for traders to note that maintaining a position beyond its original trading day incurs a swap or rollover charge. The exact rate of this swap can fluctuate based on several factors, including the specific asset being traded and the nature of the trader's position, whether it's long or short. Always ensure you're aware of these charges to make informed trading decisions.
Unparalleled Benefits of Cryptocurrency Trading through FIBO Group:
- Profit from Volatility: Capitalize on the dynamic price fluctuations of cryptocurrencies, creating opportunities for enhanced returns.
- State-of-the-Art MT4 Platform: Trade seamlessly on the globally revered MetaTrader 4 platform, ensuring a user-friendly and efficient trading experience.
- Swift Market Execution: Enjoy instant market execution, ensuring that your trades are processed without delay.
- Competitive Trading Environment: Benefit from exceptionally tight spreads combined with a zero commission policy, optimizing your trading outcomes.
- Strategic Leverage: Harness the power of a 1:25 leverage, allowing you to amplify your trading position.
- Multilingual Customer Support: Receive dedicated assistance in 15 languages, ensuring that language is never a barrier to your trading journey.
- Diverse Crypto Portfolio: Trade Contracts for Difference (CFD) on an array of 9 leading cryptocurrencies, diversifying your investment horizon.
- Specialized Insights: Get an edge with unique market analytics from FIBO Group's esteemed experts, arming you with informed decision-making tools.
- Flexible Deposits & Withdrawals: Top-up your account effortlessly using BTC, BCH through BITPAY, and enjoy zero commission charges. Moreover, convert your cryptocurrency holdings into USD or other global currencies at highly competitive internal rates.
- Stay Updated: Receive timely updates with the FxWirePro free news feed, ensuring you're always ahead of market movements.
A Closer Look at the Cryptocurrency Offerings by FIBO Group:
- BTC (Bitcoin): Reigning as the foremost decentralized digital currency, Bitcoin's global cap is restricted to 21 million, ensuring its rarity and value.
- ETH (Ethereum): Revolutionize your trading with Ethereum, an avant-garde blockchain platform utilizing smart contracts. Its native currency, ether, powers these contracts.
- LTC (Litecoin): Enjoy the benefits of Litecoin, a crypto parallel to Bitcoin, known for its quicker creation rates and a larger quantity potential.
- ZEC (Zcash): Experience the pinnacle of privacy with Zcash, a decentralized cryptocurrency engineered for high confidentiality. It provides options for both transparent and anonymous transactions.
- DASH (Dash): Dash reimagines Bitcoin. With enhanced speed and superior privacy measures, Dash ensures users' sensitive data remains shielded.
- XMR (Monero): Introduced in 2014, Monero stands out with its core features emphasizing confidentiality, decentralization, and scalability.
Embrace the future of trading with FIBO Group, where cutting-edge technology meets unparalleled service, offering you a pristine crypto trading environment. Join us and elevate your trading aspirations.
PAMM: A Revolution in Asset Management Gone are the days of traditional asset management. Welcome the Managed Account (PAMM) system, an innovative model tailored to benefit both Investors and Managers. This mechanism allows a manager to strategically allocate and operate multiple investors' funds on a singular platform. Every profit or loss experienced is fairly shared among the participants, precisely in line with their investment proportion and the account's preset conditions.
The PAMM Mechanism Unraveled
- Step into the Role: A trader steps forth, registering as a PAMM manager. They then initiate one or multiple PAMM accounts.
- Investor Engagement: An enthusiastic investor, after due diligence, registers with FIBO Group. They meticulously choose suitable accounts for investment and channel their funds into them.
- Profit Sharing: As the investment cycle concludes, profits or losses accumulated are judiciously apportioned between the manager and the investors, honoring their respective investment stakes.
Embark as a PAMM Agent
Are you inclined towards making a mark without actively trading? A PAMM Agent's role might be your calling! By channeling investors into PAMM accounts, you stand to earn remuneration.
- Swift Onboarding: A streamlined registration process ensures you're up and running in no time.
- Earn Without Investing: Play the pivotal role of connecting investors to managers and earn without direct trading or investment.
- Pulse on Performance: Access real-time ratings of Managed accounts (PAMM) and stay abreast of performance metrics.
- Remuneration Model: Your earning potential is defined by the Offer and hinges on the share of the PAMM-Manager's compensation.
Transparency is paramount. Get detailed insights into managed accounts, ranging from currency metrics, manager's fees, profitability, and more. Moreover, if an investor registers via your referral and invests for the first time, they're eternally tied to you as a PAMM-Agent.
FIBO Group Informers
Amplify Your Web Presence Looking to augment your website with dynamic financial content? FIBO Group’s Informers are your solution! These auto-updating blocks, bursting with real-time data, can seamlessly merge with your website.
Our Offering Spectrum:
- Real-time currency pair dynamics.
- Comprehensive economic calendars.
- In-depth analytical forecasts of the Forex market.
- Live updates on the number and volume of open transactions for currency pairs.
Integration Simplicity
Introducing an informer to your webpage is a breeze. Configure your chosen informer and embed its code into your site's framework. While the service is complimentary, we'd appreciate a nod through a link back to our website. Elevate your online space with FIBO Group. Join hands with us and explore the vast horizons of financial growth and opportunities.
Open to All: Dive into the world of forex without any prior experience. By registering for a live cTrader NDD account with FIBO Group, you're stepping into a realm of opportunities, ready to mirror the strategies of accomplished traders.
Discover Top-notch Trading Strategies
With access to an extensive repository of successful traders' strategies, your choices are virtually limitless. Browse through tens of thousands of proven tactics and select the ones that resonate with your investment vision. Feel free to subscribe to one or diversify by subscribing to multiple. Invest according to your comfort, whether it's a conservative amount or something more substantial.
Mirror Success to Build Your Own
Once you've chosen a strategy, each trade made by the strategy provider will be seamlessly replicated in your account. This ensures you're consistently in sync with the market maneuvers of the seasoned traders you're emulating. Remember, you maintain full autonomy over your account. If you wish to adjust your investments, increase or decrease them at your discretion.
Transparent and Equitable Fee Structure
It's in the trader's best interest to succeed, and when they do, you prosper alongside them. In recognition of their strategy and success, a portion of the profit you make by mirroring them is shared with the trader. This symbiotic relationship ensures both parties thrive in the vibrant forex ecosystem.
Unlock the Power of Metatrader 4&5 Signals Dive into the realm of FOREX trading, where every opportunity awaits. Empowering Your Trading: The Automation Revolution At the heart of contemporary currency trading is Automated Trading or 'autotrading.' Envision powerful software robots and expert advisors diligently executing trades for you. This futuristic approach frees traders from exhaustive analytical tasks, turning them into strategic decision-makers. The promise? Elevated trading efficacy.
Why Embrace Automated Trading?
- Streamlined Trade Copying: With the Metatrader 4&5 or cTrader Copy terminals, you can effortlessly mirror the moves of seasoned traders. Amplify your trading game by standing on the shoulders of giants.
- Lightning Fast Execution: Bid adieu to time lags. Especially when your signal provider shares the same server as you, the trade mirroring is nearly instantaneous.
- Authentic Signal Providers: Delve into a world where either experienced traders or their sophisticated trading robots serve as signal providers. Each signal comes backed with a rich trading history and insightful statistics, offering clarity before any subscription.
- Flexible Pricing: While some golden signals are freely accessible, others might have a subscription model. The power to choose is yours.
- Intuitive Signals Rating System: Navigate through a structured table rating system, ensuring you align with signals resonating with your investment philosophy.
- Seamless Subscription Model: Subscribe or unsubscribe to a signal in just a few clicks, anytime. Let the system take over post-subscription, automating the entire trade following process.
How Does It All Work? Envision replicating a veteran trader's moves. The nuance? While their strategies guide you, the profits are uniquely yours.
Here's the crux:
- Signal Dynamics: In trading, signals are pivotal buy or sell orders. While these can be instigated manually, the magic predominantly lies in the hands of trading robots.
- Expertise Meets Automation: Experienced traders, with their repository of knowledge, often double up as signal providers. This allows budding traders or those looking to diversify, to mirror their strategies. The financial model? Some share their insights for free, while others might have a premium on their wisdom.
- 24/7 Market Surveillance: These algorithmic sentinels relentlessly monitor market fluctuations, ensuring decisions are devoid of human emotional errors.
- Customizable Trading Robots: The beauty of trading robots lies in their adaptability. Their algorithms can be optimized based on historical price trends. And, with most being open source, the door is open for everyone to innovate and potentially become a signal provider.
Signals Rating & Insights
We're thrilled to showcase a curated collection of trading signals, hailing from the maestros of the MetaTrader terminal. Complementing each signal, we share strategic reviews and invaluable terminal setting recommendations. It's not just about following; it's about understanding and growing. Welcome to the future of FOREX trading.
EUR, USD, GBP, CHF, RUB, BTC, Gold, ETH
Payment Methods Credit Cards, Bafoo, UnionPay, Fasapay, WebMoney, Wire Transfer, Neteller, QIWI Wallet, Skrill (Moneybookers), WesternUnion, OKPay, DIXIPAY, Bitcoin
Affiliate Program At the heart of FIBO Group's Partner Program lies a symbiotic relationship between the Company and its partners. As a partner, you play a pivotal role in expanding the company's client base. In return, you earn a recurring commission every month. The essence is simple: the more proactive you are in introducing clients who actively trade, the richer the rewards in terms of commissions. What's more, once a client is onboarded through your introduction, they remain linked to you throughout their tenure with FIBO Group.
Tailored Collaboration:
- Customized Engagement: We pride ourselves on offering flexible and transparent partnership terms. Every partner is unique, and we ensure an individualized approach to meet specific needs.
- Empower Your Online Presence: Elevate your website with an extensive array of PR materials, easily accessible in your Personal Cabinet.
- Smooth Financial Transactions: Experience the freedom of unhindered withdrawals and clear commission calculations. Your earnings are truly your own.
- Real-Time Tracking: Monitor client activities and commission payouts with online reports, ensuring full transparency in operations.
Why Align with FIBO Group?
- Attractive Commissions: As a partner, enjoy competitive commission rates on every transaction executed by the clients you've introduced.
- Hassle-Free Onboarding: Our registration process is streamlined and straightforward, ensuring a smooth start to our partnership.
- Lasting Connections: The bond between the partner and client isn't fleeting. Clients remain linked to you, ensuring continued commission, throughout the collaboration period.
- Swift Payouts: Enjoy daily commission payments with the added benefit of unrestricted withdrawals.
Dive into Partnership Tiers:
IB PIP Program:
- Nature: This partnership model revolves around the calculation of IB-Commission in pips.
- Commission Structure: Earn starting from 1 pip upwards for each completed transaction.
IB PERCENT Program:
- Nature: This variant computes the IB-commission as a percentage of the spread.
- Commission Structure: Commissions start at 30% of the spread, with the potential for higher rates for each finalized transaction.
Embrace the FIBO Group Partner Program – where your entrepreneurial spirit meets our commitment to mutual growth. Let's prosper together!
English, Chinese, Farsi, Russian, Spanish, German, Arabic, Vietnamese, Malaysian
Spread Type Variable, Fixed
Broker Type Broker
Minimum Lot Size: 0.01
ECN Account: 50
Digits After Dot 5
24/5 Trading
Demo account
Daily Analytics
Swaps
Hedging
Scalping
Mobile Trading
Automated Trading
Minus Protection
Trust Management
Promotions
Having been actively involved in the trading world, I've had the opportunity to engage with numerous platforms and services. Among these, my journey with FIBO Group stands out predominantly for the positive experiences it has afforded me. Given their esteemed presence in the Forex Market spanning over two decades, it's evident why they are considered a reliable stalwart in this volatile realm. FIBO Group boasts a commendable track record of over 20 years. For someone like me, who tends to be apprehensive about financial matters, this long-standing reputation offers much-needed reassurance. The company’s legacy played a pivotal role in my decision to partner with them. One noteworthy aspect I’ve observed is the sheer volume of training materials and resources available on their website. Whether you're a novice dipping your toes into trading or an experienced trader looking to refine your strategies, their repository is invaluable. The demo account feature further accentuates their dedication towards educating traders. This provision enabled me to test my strategies, hone my skills, and bolster my confidence without risking actual funds. While my overall association with FIBO Group leans heavily on the positive side, I did encounter some challenges, particularly concerning their customer support. On multiple occasions, I found their customer support team to be somewhat sluggish in their response times. In a domain where timely communication can make a significant difference, this lag can be a source of frustration. I genuinely hope FIBO Group takes this feedback onboard and amplifies their efforts in bolstering their customer service efficiency. In summary, my relationship with FIBO Group has been predominantly favorable. Their stalwart presence and dedication to trader education are truly laudable. However, like any entity, there's always room for improvement, and in FIBO Group's case, refining their customer support should be a priority. Nonetheless, for those considering a reliable trading partner, FIBO Group remains a commendable choice.