Our trust rating takes into account a range of factors that influence a brokers reliability and reputation, These factors include how the broker is regulated, whether they use segregated bank accounts, their years in business, banking tiers, customer support offered, and much more.
If you are looking for a reputable Forex and CFDs broker then Fibo Group might be the right choice for you. Fibo Group offers tight spread and no commissions on trades.
Fibo Group provides access to the following financial instruments: Forex, Spot Metals (gold and silver), Commodities, Indices, Futures, Options, and Stocks. Fibo accepts a wide variety of fast and secure funding options such as wire transfer, credit cards, WebMoney, QIWI Wallet, Baofoo, DIXIPAY, OKPAY, Fasapay or NETELLER. Withdrawals are also processed via the same payment options.
Fibo Group is regulated and authorised by the CySEC under registration number licence no. 118/10. The Metatrader 4 and Metatrader 5 platforms are available as well as the slightly less popular cTrader platform. Android and iPhone trading platforms are also provided.
Forex, CFDs, Exchange-traded contracts
Forex, Spot Metals (gold and silver), Commodities, Indices, Futures, Options, Stocks
Austria, Great Britain, Iraq, North Korea and the USA
MetaTrader 4, MetaTrader 5, cTrader
Apple - Yes, Android - Yes
If you want to use your native language while trading you may be in luck because customer support and the trading platforms support a wide range of languages. If you can meet the deposit requirements and need the lowest spreads possible you can open a No Dealing Desk account where spreads are floating.
If on the other hand, you prefer fixed spreads you can open an “MT4 fixed” account, but the spreads will be a little wider. Traders can check out the round of up top MT4 Brokers here. Fibo Group also provides guaranteed stop loss and limit orders as well as trailing stops and one click trading. Hedging and as with most MT4 brokers, the use of Expert Advisors is supported, check out the full range of EA brokers here. Price alerts, signal trading, and automated trading are also available.
If you would like to use a Virtual Private Server then Fibo Group might not be right for you as this feature is not supported, see the range of brokers with VPS services here. Another thing to keep in mind is that after 91 days a small inactivity fee will be charged to your account. Also, deposit and withdrawal fees apply. Fibo Group is not an ECN broker, but rather it is a market maker. At the moment, no bonuses are awarded to their clients.