Information
Overview of FIBO Group
FIBO Group (Financial Intermarket Brokerage Online Group), established in 1998, has emerged as a pioneering force in internet-based marginal trading. With its headquarters in Vienna, Austria, it boasts a global presence with additional offices in Limassol, Munich, Shanghai, Singapore, and more. Trade Forex offers an in-depth review of FIBO Group’s services and trading conditions.
Trading Services and Conditions
- Forex Trading: Includes 60 currency pairs, along with metals, CFDs, futures, stocks, and bonds.
- Trading Platforms: Availability of MT4, MT5, and cTrader platforms.
- Competitive Spreads: Offers low spreads across various instruments.
- High Leverage: Up to 1:1000 leverage available.
- Diverse Account Types:
- Cent Accounts: Minimum deposit of $0.
- Classic and NDD Accounts: $300 minimum deposit.
- MT5 NDD Accounts: $500 minimum deposit.
- Islamic Accounts: Catering to Sharia-compliant trading needs.
- PAMM Services: For both managers and investors, facilitating trade copying in MT4 and MT5.
- Expert Analysis and Forecasts: Provided by FIBO Group’s leading experts.
- Annual Contest: “Trader’s Triple Chase” with a prize of $25,000 for the winner.
- Efficient Financial Transactions: Ensuring fast deposits and withdrawals.
- 24/7 Technical Support: Round-the-clock assistance for traders.
- Educational Resources: Includes training and daily Forex webinars.
- Affiliate Program: Offering partnership opportunities.
Regulation and Compliance
FIBO Group operates under two jurisdictions:
- FIBO Group LTD: Supervised by BVIFSC, with license SIBA/L/14/1063.
- FIBO Group Holdings Limited: Regulated by CySEC (license # 118/10), also registered with FCA (UK), BaFin (Germany), and compliant with MiFID in Europe.
PAMM Service Overview
The PAMM service allows for efficient fund management, where traders manage collective investments, earning a percentage of the profits. This service requires a minimum investment of $100 and offers transparency and security, with profits and losses shared proportionally among investors.
Trust Management Services
FIBO Group provides customized asset management services, including:
- Individualized Cooperation Terms: Tailored to each investor’s needs.
- Asset Control: Investors maintain full control over their investments.
- Investment Strategies: Offering balanced, aggressive, and individual strategies with varying risk levels and potential returns.
- Minimum Investment Requirement: Set at $50,000.
Access to U.S. Stock Market
FIBO Group facilitates trading on the U.S. stock market through Umstel Trading Platform, offering:
- Wide Range of Instruments: Over 8,000 trading instruments including stocks, bonds, and ETFs.
- Immediate Execution: Direct trading on the exchange without intermediaries.
- Competitive Commission Rates: As low as $0.02 per share.
Innovative Trader Training: FIBOX
FIBO Group’s comprehensive training package FIBOX, priced at $100, includes:
- 22-Lesson Training Course: Covering Forex market fundamentals.
- Trading Advisor: Assisting new traders with a robot trading tool.
- Practical Trading Account: A $100 trading account for practical experience.
- Certification: From the FIBO Group Academy upon course completion.
Forex Contests
FIBO Group hosts the “Trader’s Triple Chase” contest, offering substantial cash prizes. The contest comprises several stages, starting with demo account trading and culminating in real account trading challenges.
Concluding Insights
In conclusion, FIBO Group is a well-established and versatile broker offering a wide range of services and trading conditions. Whether it’s Forex trading, PAMM services, trust management, or trader education, FIBO Group caters to various trader needs. Trade Forex encourages both novice and experienced traders to explore these offerings and share their experiences on our broker rating platform.
Frequently Asked Questions About FIBOGroup Forex Broker
FIBOGroup (Financial Intermarket Brokerage Online Group) is a global Forex and CFD broker established in 1998. They offer a wide range of trading services, including access to Forex, commodities, precious metals, stock indices, and CFDs. FIBOGroup is known for providing various account types, competitive spreads, and a choice of trading platforms, including the popular MetaTrader 4 and MetaTrader 5, as well as their own proprietary platform. They also provide educational resources, market analysis, and dedicated customer support.
Yes, FIBOGroup is a regulated broker, with multiple licenses from various regulatory authorities. They are regulated by the Cyprus Securities and Exchange Commission (CySEC) and other regulatory bodies in different jurisdictions. This regulation ensures that they adhere to strict financial and ethical standards, offering a secure trading environment for their clients.
FIBOGroup offers several types of trading accounts to cater to different trader needs and preferences. This includes accounts with different commission structures, leverage options, and minimum deposit requirements. For instance, they offer MT4 NDD accounts with no dealing desk intervention, MT4 Cent accounts for small-volume traders, and MT5 NDD accounts for those who prefer the MetaTrader 5 platform. They also provide Islamic swap-free accounts and demo accounts for practice trading.
FIBOGroup offers a variety of deposit and withdrawal methods to accommodate their clients’ preferences. This includes bank wire transfers, credit/debit cards, and a range of electronic payment systems like Skrill, Neteller, and WebMoney. The broker strives to process transactions efficiently, though the time and fees involved can vary depending on the chosen method.
Yes, FIBOGroup provides a range of educational resources suitable for traders of all experience levels. Their offerings include trading guides, webinars, video tutorials, and a glossary of trading terms. These resources are designed to help traders expand their knowledge and skills in Forex and CFD trading.
FIBOGroup offers dedicated customer support to assist their clients with any trading or technical queries. Their support team can be reached via phone, email, or live chat, and they aim to provide prompt and helpful responses. The broker also offers support in multiple languages, catering to their global client base.
Yes, FIBOGroup supports automated trading strategies. Traders can use Expert Advisors (EAs) on both the MetaTrader 4 and MetaTrader 5 platforms to automate their trading. The broker provides the necessary technical infrastructure, including stable and fast execution, which is essential for effective automated trading.
FIBOGroup offers various risk management tools to help traders manage and limit potential losses. These tools include stop loss and take profit orders, which automatically close trades at specified levels. Additionally, the broker offers negative balance protection, ensuring that traders do not lose more than their account balance.
