Fibo Group was established in 1998. The brokerage firm runs under the international financial and investment holding FIBO group. The headquarters are in Vienna.
You can find our transparent Fibo Group review below. Broker reviews are updated frequently!
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The Financial Conduct Authority (FCA) regulates the brokerage firm. In addition to that, Fibo Group holds licenses from CySEC and FSC.
When two jurisdictions regulate a broker, it enhances credibility. This additional security is the reason behind its popularity among traders.
Fibo Group facilitates its clients with multiple deposit options. You can use bank transfer, credit/debit cards, Neteller, WebMoney and many more.
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Moreover, the broker offers several currencies for trading. EUR, USD, GBP and RUR, to name a few. With more than 60 currency pairs, Fibo Group provides a diverse trading experience that caters to clients’ needs.
Another one of its pros is that it trades through multiple platforms. For example, you can choose between MT4, MT5 and cTrader.
MT4 is the most preferred option among traders of all experience levels. On the other hand, its successor, MT5, has its own repute in the market. It includes a wide range of technical indicators and drawing tools.
Pros
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Established Broker
Cons
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No FSCA Regulation
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No ZAR Account Currency
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Broker Not Verified
In the same way, cTrader is also suitable for both newbies and experts.
Furthermore, Fibo Group offers several account types as well. Professional traders can either have a mini or a standard account. Amateurs can get a demo account for practice.
On top of that, you can open an account with a minimum deposit of 50 USD. After that, the maximum leverage is 1:1000, and the lowest spread is 1.6 pips on EUR/USD.
Last but not least, Fibo Group extends 24/7 customer support. In addition, the service is available in almost 8 languages. This improves the overall trading experience.
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Fibo Group was established in 1998. The brokerage firm runs under the international financial and investment holding FIBO group. The headquarters are in Vienna.
Jason Morgan is an experienced forex analyst and writer with a deep understanding of the financial markets. With over 13+ years of industry experience, he has honed his skills in analyzing and forecasting currency movements, providing valuable insights to traders and investors.
Forex Content Writer | Market Analyst
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