Fibo Group – broker review 2.9/5 Min. deposit $50 Website address https://www.fibogroup.com/ Demo account Yes Currency CHFEURGBPUSD Supported languages EngRus Active Yes Payment Methods American ExpressCashuCredit CardecoPayzMastercardNetellerPaysafecardPerfect MoneySkrillVisaWire Transfer Instruments CFDsCryptosForexspot metals Min. trade price 0.01 lots Regulated By CySECFSC BVI MetaTrader 4 Yes MetaTrader 5 Yes cTrader Yes OmniTrader No AlgoTrader No TradingView No Trading Central No Autochartist No eSignal No STP Account No ECN Account No DMA Account No MAM Account Yes PAMM Account No LAMM Account No Demat Account No Mobile Apps Yes Margin Trading No Volatility Index No Spot Trading No Perpetual Swaps No ELWs No REITs No AI / Machine Learning No Robo Advisor No P2P Trading No Negative Balance Protection No VPS Hosting No Tournaments No Demo Competitions No Managed Accounts No Market Maker No Auto Trading Yes Social Trading Yes Copy Trading No Trade Signals Yes Islamic Account Yes Guaranteed Stop Loss No Commodities GoldSilver Forex Trading Trade dozens of online currencies with competitive leverage rates. Forex GBPUSD Spread 0.5 Forex EURUSD Spread 0.3 Forex EURGBP Spread 0.5 Forex Assets 60+ Crypto Spread Floating Crypto Lending No Crypto Staking No Crypto Mining No Crypto Auto Market Maker No Crypto Coins BTC, DSH, ETH, LTC, XMR, ZEC Ladder Options No Boundary Options No Show all >>* The amount that will be credited to the account in the case of a successful deal*General Risk Warning: Your capital might be at riskMin. deposit300$Min. trade price0.01$Website addresshttps://www.fibogroup.com/Profitability83%*Demo accountNoCurrencyCHFEURGBPUSDSupported languagesEngRusActiveYes * The amount that will be credited to the account in the case of a successful deal Saqib Iqbal Author 7 min read Published: December 24, 2018 Updated: May 30, 2022 Views: 75 Overview of promising forex brokerage companies: Fibo GroupIf the first companies that decided to engage in online trading, ordered reviews from professional copywriters or negotiated interviews with analysts in this industry, today, these tasks are much more complicated. The number of entities providing financial services has increased, and the requirements for their work have increased, but at the same time, fraudsters have increasingly begun to penetrate this business. This refers not just to pseudo companies that made beautiful advertisements, “collected” the maximum amount of deposits and disappeared in an unknown direction. We are talking about firms whose activities are often on the verge of law and fraud. For example, the so-called “kitchens” or “bookmakers.” They take trades to fall and increase the value of a certain asset. And depending on the expectations of traders, they create win-win schemes. As it is known, brokers, differently evaluate transactions in the global financial market. Therefore, with the help of simple mathematical calculations, a broker can find the best option without even withdrawing money to the relevant markets. On the one hand, the company deceives the client, but on the other hand, in most cases, traders receive their winnings. That is, there are no victims, naturally, there is no one to complain. Therefore, the issue of violation of the law is not raised. But not everyone is satisfied with this method of work. Even a minor error in the calculations may cause the collapse of the project, and then no precautions will help. How, then, to find an honest trader a company that actually works within the law and not fall into the trap of various scam artists? Consider this question on the example of the company Fibo Group, which opened its representative offices in almost every corner of the world. A year and a half later, in practice, she proved her high professional level, despite the crises in the global economy. How does Fibo Group manage to attract new customers and successfully develop its network?Financial Corporation Financial Intermarket Brokerage Online Group, more precisely, one of its holdings began operating in the global financial market in 1998. More than 20 years the main principles of the company are:● full transparency and openness of the company;● Mandatory compliance with the laws of the countries where they work;● protection of clients;● compliance with the rules and requirements of national regulators;● availability of the most advanced software that guarantees the broker’s work at the highest level.Fibo Group SecurityTraders who choose to link their commercial activities with this broker may not worry about the safety of personal information and savings. To this end, serious measures were taken:● Applications and platforms used on the Fibo Group (MetaTrader 4 and MetaTrader 5, Ninja Trad, CQG Trader, Ninja Trad, etc.) make it possible not only to open accounts for users with different levels of training and financial capabilities. But also to work, both in stationary conditions, and with the help of mobile devices. At the same time, users may not be afraid of hacking their account or receiving personal information by third parties.● The broker has been operating on the world market for more than 20 years, and the management company is registered in the British Virgin Islands (fraudsters have not been able to deceive traders and investors for so long, and they are trying to answer evasively about the place of registration without giving their legal address).● The company in question claims to keep track of comments about the Fibo Group on the network, and destroy all information that is not true. But nowadays it is a rather laborious and expensive project. And only very wealthy businessmen can afford to track all negative reviews about a web resource.Despite the huge number of companies that operate in the provision of financial services, not all of them have the necessary licenses and documents confirming the legality of the activities of these trading platforms. How are things with our broker in this regard?Fibo Group RegulatorsPractice shows that many traders do not hesitate to register a login to the Fibo Group without even reading the above information. It is enough for them to know that the activity of the brokerage firm is controlled by reputable regulators. But in our case, not everything is so simple. After analyzing a lot of sources, we found three different opinions on this matter:1. The official website of the broker states that he has the right to provide financial services at the place of registration, and in some other countries mentioned in this document. Also, the company has a license from the Cyprus Securities and Exchange Commission, which enjoys great prestige not only in the EU, but also in the USA, Argentina, Mexico, the CIS countries, etc.2. Representatives of the second group are convinced that the Fibo Group can work legally in any state (but an educated specialist will tell you that this is from the category of fiction). They confidently argue that no company will buy a huge number of licenses and permits (and many of them are worthy money) only in order to work freely all over the world.3. And the third group of traders insists that the Fibo Group does not have any documents at all that authorize the provision of financial services.As for the 2nd and 3rd groups, then most likely – this is most likely custom-made reviews and comments. But the fact that the Fibo Group works confidently in the EU confirms that it has Cypriot and Virginsky licenses.Training at Fibo GroupThe Fibo Group broker web site operates online the Forex Market Academy or the philosophical school of professional trading in financial assets. What does she give? If a person is configured to earn money in this way, it will become for him a kind of “Bible for novice traders”. So what gives this magic academy?● Professional trading from scratch.● A huge number of training programs based on your knowledge and experience.● Your teachers will be leading forex market experts, cryptocurrencies, commodities, etc.● Individual training programs are developed for each student, which take into account not only the level of training, but also psychology, potential goals and possibilities of the future trader.● The possibility of individual lessons.Terms and conditions of using the Fibo GroupIn accordance with the above descriptions of trading programs, a trader can open the same accounts: MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Comission, cTrader NDD, T5 NDD. The main difference between them is the amount of the minimum deposit and the opportunity it gives to the holder.Fibo Group Trading Terms● Minimal deposit – $ 300.● Lot size – 0.01.● Account currencies – euro, Russian ruble, British pound, Swiss franc, US dollar, BTC, ETH.● Affiliate program – works.● Daily (24 hours a day) technical support – works.● Automatic trading – yes.● PAMM accounts – yes.If we analyze the reviews compiled about the Fibo Group, we can say that this is a good option to test your strengths and capabilities in online trading.How to deposit and withdraw money Fibo GroupThis problem does not stand still (its relevance depends on many factors). If 5-10 years ago, users were outraged by endless expectations, when will their money be credited to the account, today the solution of the issue has noticeably advanced. But not in all directions. Analyzing reviews compiled about the Fibo Group, we highlight the following:● Credit and debit cards.● PayOnLine.● Regular Pay.● Neteller.● Yandex money.● DIXIPAY.● Skrill.● Contact.● WebMoney.● QIWI.● RBK Money.● Transfers of financial institutions.Fibo Group AssetsTo work on the Fibo Group, the administration of a web resource offers a fairly large selection of a wide variety of financial assets and tools. These include: currency pairs, stocks, valuable metals, raw materials, cryptocurrency, CFD, and others.If you have firmly decided to make money on speculation (forget the negative attitude to this word forever!), Then the exchange will suit both experienced traders and beginners.Visit »It is one of the best international brokers. Different types of assets, convenient and reliable platform, favorable trading conditions. Want to know more? Click here.