International Financial Holding FIBO Group, standing for Financial Intermarket Brokerage Online Group, is a venerable entity in the realm of internet-based marginal trading. Having roots dating back to 1998, the Group's inception marks its esteemed place as one of the forerunners in this dynamic industry. Since its establishment, FIBO Group has unwaveringly championed the core principles of transparency, safeguarding customer interests, and meticulous adherence to the directives and mandates set forth by national regulatory bodies. Whether you're a customer or a partner, you can rest assured in the knowledge that all services furnished by the constituent companies of FIBO Group are in line with premier international benchmarks, consistently under the vigilant oversight of national regulatory authorities.
With a commitment to offering a seamless trading experience, FIBO Group extends a curated suite of avant-garde and widely-utilized software tools to its clientele, encompassing MetaTrader 4, Web Terminal MT4, MetaTrader 5, and cTrader.
Demonstrating a truly global footprint, FIBO Group boasts of accreditations and licenses spanning multiple international jurisdictions. This diverse certification matrix allows us to provide our clients with an eclectic range of financial tools and investment avenues. Our expansive network, comprising strategic office locations in metropolises like Limassol, Munich, Almaty, and Shanghai, positions us to serve our clientele in a highly personalized manner, thanks to our multi-cultural and skilled team.
Managed Account (PAMM) Services The PAMM system presents an unparalleled avenue for clients to leverage the expertise of seasoned Managers. Here, a Manager stands to elevate his/her trading volume through investments made by investors. It's worth noting that Managers are remunerated based on profitable ventures, and such profits are then equitably divided among Investors based on their PAMM share. This feature not only serves as an optimal pathway for novices to garner profits in FOREX and CFD terrains by riding on the proficiency of seasoned traders, but also guarantees swift, secure, and regulated transactional processes under the aegis of FIBO Group.
Automated Trading Facility Our automated trading offering empowers investors by letting them replicate the strategies and trades of proven successful traders. With no need to constantly monitor or manually transfer funds, investors can enjoy a hands-off experience. A specially crafted rating system further aids in singling out the perfect trading signal.
Diverse Account Offerings FIBO Group presents its clients with a gamut of trading accounts, characterized by low fixed spreads, available for trading across an expansive list of over 32 currency pairs. With cutting-edge NDD order execution tech, embodied in our MT4 NDD and cTrader NDD accounts, and compatibility across devices from PCs to smartphones, our trading experience is truly unparalleled. Moreover, our platforms accommodate all trading strategies, be it manual trading or leveraging expert advisors (EA), ensuring a flexible and efficient trading journey.
Founded in 1998, FIBO Group is among the oldest forex brokers in the market, solidifying its reputation and reliability over the decades. Offering diverse trading options, it serves traders with varying preferences and expertise. Let’s delve deep into its offerings.
- Spread and Leverage: FIBO Group offers competitive spreads. On major pairs like EUR/USD, the spread starts as low as 0.8 pips, depending on the account type. The broker also provides flexible leverage, which can go up to 1:1000 for specific accounts, making it attractive for traders who employ aggressive trading strategies.
- Fees and Commissions: The broker operates on both commission and commission-free models. While the MT4 NDD account charges a commission, the MT4 Cent account doesn't. The commission is $20 per million USD traded. Swap-free accounts are also available for those who require them.
Account Types FIBO Group caters to a range of traders by offering various account types:
- MT4 Cent: Designed for beginners, offering trade with little investment.
- MT4 Standard: Suitable for all types of traders, it has no commissions.
- MT4 NDD: A no-dealing desk account that charges commission but offers tighter spreads.
- MT5 NDD: Designed for those preferring the MetaTrader 5 platform.
Tradeable Assets
FIBO Group provides a broad spectrum of tradable assets, including Forex pairs, metals, CFDs on commodities, indices, cryptocurrencies, and more. This diversification allows traders to build a multifaceted portfolio.
Their customer support is responsive and available 24/5 via chat, email, and phone. Multi-lingual support ensures that traders from various regions can communicate comfortably.
FIBO Group periodically offers promotions, including deposit bonuses and trading contests. However, traders are advised to read the terms carefully to understand the requirements and conditions.
To keep traders informed, FIBO Group provides regular market analysis and updates. Their analysis covers essential financial news, technical and fundamental analysis, and expert opinions, offering traders insights to make informed decisions. For novice traders and those looking to upskill, FIBO Group provides a comprehensive educational section. It comprises webinars, seminars, tutorials, and articles covering various trading topics.
Trading Software
The broker primarily uses the MetaTrader 4 and MetaTrader 5 platforms, recognized for their reliability and user-friendliness. They offer the desktop version, web platform, and a mobile application ensuring traders can access the market anytime, anywhere. Having served in the forex market since 1998, FIBO Group has exhibited consistent reliability. Their platforms are stable, ensuring minimal technical glitches. Furthermore, the broker uses advanced encryption to ensure data security.
Traders often emphasize the significance of order execution speed. FIBO Group, with its no-dealing desk model and advanced technologies, ensures rapid order execution, minimizing slippage and ensuring traders get the most from their strategies.
FIBO Group, with its decades-long presence in the forex market, offers a blend of traditional values and modern trading tools. Their diversified account types, tradeable assets, and robust platforms make them suitable for all trader types. While their regulatory body isn't among the strictest, their enduring market reputation speaks volumes about their reliability and trustworthiness.
Keaney 22 Aug 2023 Reply