Broker

Robot

Signal

Chart

Guide

Strategy

 

FiboGroup Rating:
Min Deposit: $1 Min Investment: 0-2 pips Payouts: 1:1000
Mobile: Yes Platform: MT4 | MT5 Demo: Yes
Open Account

High Capital Risk Is Involved In Financial Trading


FIBO GROUP Broker Review 2017: Most Transparent Forex Platform

In Latin, it is said that “Veni, vidi, vici” which means “I came; I saw; I conquered”.

Same line we can apply for FiboGroup Broker Review, an extra-ordinary broker in Forex, CFD and Stock.

Since 1998, it has been moving fast and become an unparalleled broker through good work among the online forex trading community.

It is one of the few brokers who offers PAMM Agent program which can be an extra income for Managers and Investors.

This broker is also familiar as a transparent platform for their operation methods.

Within a short time, it has conquered traders heart and became a name.

 

Warning: Country Restriction (Do Not Accept Traders)

Warning: Please note that, FiboGroup Broker does not accept traders from the following countries –

Australia, Austria, Belgium, Great Britain, Iraq, North Korea and the USA.

 

FiboGroup Broker Review

Fibo (Financial Internet Brokerage Online) Group has started its operation in 1998.

Within these years, it has succeeded to spread its business around the world.

At the same time, it has gained lots of traders trust and accolade within this time.

This Forex and CFD broker provides Forex, CFD, Spot Metals and Stocks as Financial Tools.

This broker is registered and licensed by Financial Services Commission (FSC) in the British Virgin Islands and Cyprus Securities Exchange Commission (CySEC).

Their Financial Services Commission (FSC) license number is SIBA/L/14/1063 and Cyprus Securities Exchange Commission (CySEC) registration number is HE242381 under the 118/10 number.

FiboGroup uses Meta Trader 4, Meta Trader 5 and cTrader platform.

These platforms are also famous among traders specially MT4.

They are very user friendly especially for new traders.

We have found FiboGroup’s website is well decorated and designed.

A trader can easily collect his required information.
 

Overview

FiboGroup Broker - Binoption

High Capital Risk Is Involved In Financial Trading

Company Information:

  • Broker Type: Forex / Market Maker
  • Regulation: CySEC / FCA / FSA(JP) / FSC / MiFID
  • Head Office: Agias Fylaxeos, 182, Office 103, Business Center “Kofteros” Limassol, Cyprus 3083
  • Others Office Location: Vienna, Shanghai, Limassol, Munich and Singapore
  • Founded: 1998

Trading Options:

  • Min. Deposit: $1
  • Max. Leverage: 1:1000
  • Mini Account: Yes
  • Demo Account: Yes
  • Premium Account: Yes
  • Islamic Account: Yes

Trading Services:

  • Trading Platforms: cTrader, MT4, MT5, Web Terminal MT4
  • Commission On Trades: Yes
  • Fixed Spreads: Yes
  • Educational Service: Yes
  • Trading Signals: Yes
  • Email Alerts: Yes
  • Guaranteed Stop Loss: Yes
  • Guaranteed Limit Orders: Yes
  • Guaranteed Fills/Liquidity: Yes
  • Automated Trading: Yes
  • API Trading: No
  • VPS Services: Yes

Supported Instruments:

  • Forex: Yes
  • Commodities: Yes
  • CFDs: Yes
  • Indices: Yes
  • Stocks: Yes
  • Gold: Yes
  • Metals: Yes
  • Binary Options: No
  • Oil: No

Suitable For:

  • Beginners: Yes
  • Professionals: Yes
  • Home Based Investors: Yes
  • Scalping: Yes
  • Day Trading: Yes
  • Weekly Trading: Yes
  • Swing Trading: Yes

 

Why FiboGroup?

By thorough research we have gathered some reasons choosing FiboGroup as a new trader’s first choice.

We have shared those findings with our readers and those findings are given below –

1. Trusted, licensed and very old broker
2. Wide choice of account types (market-maker, ECN-type accounts, Islamic option)
3. PAMM Program for extra income
4. Maximum Leverage up to 1:1000
5. Minimum Deposit $1
6. Low spreads / Commissions
7. 60 currency pairs
8. No swaps
9. Low margin requirements
10. Profit from any price changes
11. Micro lots trading (from 0.01 lot)
12. Trading Platforms (MetaTrader 4, MetaTrader 5, cTrader, Web Terminal MT4)
13. Free News Feed
14. Analytical Webinars
15. Asset Management
16. Charting Package
17. Chart Trading
18. Trading Signals
19. Market Analysis
20. Hedging
21. E-mail Alerts
22. OCO Orders
23. Demo Accounts
24. Trading platforms for PC, Mac, iOS, Android, Windows
25. Fast and flexible deposit and withdrawal
26. Qualified customer support

 

Account Types

FiboGroup offers six packages for new traders.

These are MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD (No Commission), cTrader NDD, MT5 NDD.

Every package is designed to meet most of the clients’ demand.

We have described those individually and in the given chart.

MT4 Cent:

  • Deposit of 0 cents
  • Leverage up to 1: 1000
  • Account currency US Cent
  • Absence of risks
  • Fast withdrawal of funds
  • Ideal for beginners and testing trading robots

MT4 Fixed:

  • $300 Minimum Deposit
  • Fixed spread
  • Guaranteed stop loss orders
  • Your balance is always positive
  • 4 decimal quotes
  • Instant Execution — execution at your price

MT4 NDD (No Commission):

  • Liquidity from the worlds’ leading banks
  • Low floating spreads
  • No re-quotes
  • Market order
  • No commissions
  • High execution speed

MT4 NDD:

  • $300 Minimum Deposit
  • Low floating spreads
  • Deep liquidity from the worlds’ leading banks
  • Market Execution, No re-quotes
  • Orders may be executed at prices better than stated
  • Best choice for trading on news
  • Best for scalper robots

cTrader NDD:

  • $300 Minimum Deposit
  • Low floating spreads
  • Deep liquidity from the worlds’ leading banks
  • Market Execution, No re-quotes
  • Trading platform with broad analytical capabilities
  • Depth of Market
  • Mobile app and web interface

Trading Account Comparison Chart:

MT4 Cent* MT4 Fixed MT4 NDD
No Comission
MT4 NDD cTrader NDD MT5 NDD**
Trading platform MetaTrader 4 MetaTrader 4 MetaTrader 4 MetaTrader 4 cTrader MetaTrader 5
TTechonology of execution of orders No Dealing Desk Market Maker No Dealing Desk No Dealing Desk No Dealing Desk No Dealing Desk
Minimum deposit 0c 300$ 300$ 300$ 300$ 500$
Fifth decimal point yes no yes yes yes yes
Minimum lot/volume step 0,01/0,01 0,01/0,01 0,01/0,01 0,01/0,01 0,01/0,01 0,01/0,01
Minimum spread from 0,6 from 2 from 0 from 0,8 from 0 from 0
Commission no no 0.003% from the amount of a transaction no 0.003% from the amount of a transaction till 100 million – $30 for a million USD
from 100 million to 250 million – $25 for a million USD
>250 million – $20 for a million USD
Leverage 1000 200 400 400 100 100
(for metal – 33)
Stop Out level 20% 20% 50% 50% 100% 100%
Currency of account USD cent, GLC*** EUR, USD, RUR, CHF, GBP EUR, USD, GLD*** EUR, USD, GLD*** USD EUR, USD, CHF
CFD trading oppurtunity no yes yes no no no
Amount of currency pairs 38 60 32 38 41 42
The quantity requirement of open positions 50 no no no no no
The volume requirement of open positions Maximum order volume – 100 lots (1 standard lot) no no no no no

Open Free Account

High Capital Risk Is Involved In Financial Trading

 

Asset Management

There are three strategies in Asset Management.

They are – Balanced, Aggressive and Individual.

The key features of these strategies are below –

Balanced:

  • Target Profit: 60% per annum
  • Risk Level: Average
  • Level of Closure: 30% of deposit loss
  • Remuneration of FIBO: 40% of Profit

Aggressive:

  • Target Profit: 120% per annum
  • Risk Level: High
  • Level of Closure: 50% of deposit loss
  • Remuneration of FIBO: 50% of Profit

Individual::

  • Target Profit: 120% per annum
  • Risk Level: Any
  • Level of Closure: Any
  • Remuneration of FIBO: 30% of Profit

 

Trading Platforms:

Various trading platforms are available at FiboGroup.

These are – Meta Trader 4, Meta Trader 5, cTrader.

Meta Trader 4:

  • Windows, iOS, Android
  • The most popular trading platform
  • All types of trading orders and Instant Execution
  • Automated trading opportunity
  • More than 50 built-in technical indicators
  • Create your own indicator with built-in MQL4 editor
  • 128-bit encryption + electronic signature

cTrader:

  • cTrader, cTraderWeb, cAlgo, cMirror
  • High speed of order opening and closing
  • Market depth shows you current market situation
  • You can open orders directly on the chart
  • Trading via a proxy server
  • Technical analysis tools
  • Create your own indicators
  • You can trade on several accounts in 14 languages
  • Integration with cAlgo

Meta Trader 5:

  • Windows
  • The concept of “all in one”: everything you need for online trading
  • Trading on Forex, futures and stocks
  • Enormous analytical opportunities
  • Four types of order execution

 

FiboGroup cTrader Mirror Trading Platform Overview

FiboGroup Trading Platform - Binoption

Open Free Account

High Capital Risk Is Involved In Financial Trading

 

Transaction

FiboGroup is famous for its quick transaction process.

Where a withdrawal process takes 24 hours to 3 working days to accomplish, here it is done within an hour!

Quite unusual and impressive, huh?

Very few brokers provide such a quick service.

Deposit Options: Cash-U, Credit Card, Neteller, QIWI, Skrill, Webmoney, Western Union, Wire Transfer.

Withdrawal Options: Cash-U, Credit Card, Neteller, QIWI, Skrill, Webmoney, Western Union, Wire Transfer.

 

Customer Service

It is easy to get help.

Regardless location or time, you will get immediate help whenever you ask.

Customer service team are very proactive, fast and professional.

Help is available in every possible way including e-mail ([email protected]), phone, and live chat.

Many phone numbers based on country and office are given on the website.

People from different regions can contact the one they prefer.

We usually prefer live chat to the new traders because assistance is quick here.

We have checked this channel, asked several questions and got immediate result.

Besides, anyone can seek help through Live Chat.

Using this medium, you can talk to experts and ask for help and suggestion.

All the services are available in multiple languages like English, Italian, Arabic, Spanish, French, turkish etc.

FAQ section is also helpful and informative.

Lots of question are there and enough to fulfil one’s quest.
 

Drawback

Surprisingly, FiboGroup does not have any major drawback!

Yet, we think it has some drawbacks.

For example –

  • No Pure Educational Content
  • No Social Trading
  • US Trader not accepted
  • MT4 platform not available for Mac computers
  • Lack of Bonuses
  • They don’t run any promotional offer
  • Spreads can still be lower
  • We’ll suggest them to take this drawback seriously for their customers.
     

    Warning: Country Restriction (Do Not Accept Traders)

    Warning: Please note that, FiboGroup Broker does not accept traders from the following countries –

    Australia, Austria, Belgium, Great Britain, Iraq, North Korea and the USA.

     

    Conclusion

    At the end, we would say FiboGroup is a good choice for a new trader.

    It will be rather wise decision if a new trader chooses FiboGroup.

    Why not?

    When it is providing every service maintaining highest quality.

    Besides, it makes Forex and CFD trading easy and profitable for all.

    That is why we are declaring FiboGroup as a very good broker!
     

    Open Account

    High Capital Risk Is Involved In Financial Trading

Top 10 Broker

Broker Min Deposit Min Investment Payout Review Open Account
IQOption Broker $10 $1 85% Review Visit
HYCM Broker $100 1.5 pips 1:200 Review Visit
BDSWISS Broker $100 $1 85% Review Visit
FiboGroup $1 0-2 pips 1:1000 Review Visit
Binary.com $5 $5 100% Review Visit
24Option $250 $24 88% Review Visit
HIGHLOW Broker $10 $10 200% Review Visit
Libertex Broker $100 $1 1:500 Review Visit
eToro $200 3 pips 1:400 Review Visit
AvaTrade $100 3 pips 1:400 Review Visit