Fibo Group Review

Author By Jeffrey Cammack Author Information Updated: October 27, 2020
Overall Rating
3.95 3.95 / 5
Rated #29 of 49 Recommended Brokers
Min. Deposit
USD 5
Max. Leverage
1000:1
Min. Spread
0.2 pips
Regulators
Regulator Origin
Trading Desk Type
AlertMost retail CFD accounts lose money. Your capital is at risk.

Summary

With broad platform support including the latest MetaTrader and cTrader products, Fibo Group offers trading accounts using both market and instant execution. Priding themselves on high-speed trade execution, this broker provides a robust technology stack but lacks in areas to satisfy a beginner or a trader wanting more regulatory oversight.

Beginner brokers may want to steer clear of Fibo Group as the educational material offered is minimal, and what is there is shallow in details. While education needs to be found elsewhere, FSC BVI and CySEC regulation are the bare minima of what we would consider acceptable by way of oversight.

Reviews

Regulation
1110.503.5/ 5
Trading Conditions
1110.503.5/ 5
Trading Platforms
111115/ 5
Deposit & Withdrawal
11110.54.5/ 5
Education & Research
1110.503.5/ 5
Assets Available
111104/ 5
Customer Service
111104/ 5
Beginner Friendly
Standard
Bonuses
None

Trading Conditions

Min. Deposit
USD 5
Base Currencies
EUR,USD,RUR,CHF,GBP
Fx Pairs
60+
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap Free Accounts
Yes

Average Spreads

Euro/USD
0.2
GBP/USD
0.4
USD/JPY
0.2

Company Details

Company Name
FIBO Group Ltd.
Founded
1998
Type
Regulators
Office Locations
Austria,Kazakhstan,Cyprus, China
Display Name
Min Deposit
Max Leverage
Min Spread
Commission
Brokers
cTrader NDD
USD 50
400:1
0.0
0.005% of Transaction Volume
Account Details
MT4 Cent
USD 5
1000:1
0.6
None
Account Details
MT4 Fixed
USD 50
200:1
2.0
None
Account Details
MT4 NDD No Commission
USD 50
400:1
0.0
0.003% of Transaction Volume
Account Details
MT5 NDD
USD 1000
400:1
0.0
0.003% of Transaction Volume
Account Details
NT4 NDD
USD 50
400:1
0.8
None
Account Details
AlertMost retail CFD accounts lose money. Your capital is at risk.
Overall Rating
Min. Deposit
Regulation
Trading Desk Type
Trading Instruments
Forex Pairs
Crypto Pairs
Pros
Cons
Regulation
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
% Lose with this broker
Leverage
Spread
Hedging
Scalping
Account Types
Islamic Account
Trading Platforms
Funding Methods
Trading Commission
1110.503.95/ 5
USD 5
Market Maker NDD, ECN/DMA
60+
9
  • Great platform choice
  • Low minimum deposit
  • Limited education
1110.503.5/ 5
1110.503.5/ 5
111115/ 5
11110.54.5/ 5
1110.503.5/ 5
111104/ 5
111104/ 5
of retail investor accounts lose money when trading CFDs with this provider
1000:1
0.2 pips
Yes
Yes
cTrader NDD, MT4 Cent, MT4 Fixed, MT4 NDD No Commission
Yes
MT4, MT5, cTrader
Bank Transfer, Mastercard, Neteller, Fasapay
6 AUD / lot - ECN Accounts
1110.503.32/ 5
USD 150
ECN/DMA
Commodities, Forex, Equities
110
2
  • Wide range of assets
  • Copy trading accounts
  • Limited market analysis
  • Limited education
  • Wide spreads
1110.503.5/ 5
110002/ 5
111104/ 5
111104/ 5
111003/ 5
1110.503.5/ 5
111104/ 5
62.8% of retail investor accounts lose money when trading CFDs with this provider
30:1
0.0 pips
Yes
Yes
Cent.Eurica, Cent.Standard, Insta.Eurica, Insta.Standard
Yes
MT4
Bank Transfer, Mastercard, Bitcoin, Broker to Broker
Fees Included in Spread
1110.503.48/ 5
USD 500
ECN/DMA
Commodities, Forex, Equities
63
4
  • Tight spreads
  • High minimum deposit
  • Limited education
  • Limited market analysis
  • Expensive withdrawals
1110.503.5/ 5
1110.503.5/ 5
111104/ 5
111003/ 5
111003/ 5
111104/ 5
111003/ 5
N/A of retail investor accounts lose money when trading CFDs with this provider
300:1
0.0 pips
Yes
Yes
Advanced Mark-Up, Advanced RAW, Basic, Institutional
Yes
MT4, Sirix
Bank Transfer, Mastercard, Skrill, Neteller
Fees Included in Spread
Visit Broker
AlertMost retail CFD accounts lose money. Your capital is at risk.

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