FIBO Group Journal

Journal status: live
FIBO Group joined in | not yet
FIBO Group Profile
Year
1998
Country
BVI
Branches
6
Regulation
FSC BVI
Registration
FSC BVI, CySEC Cyprus
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Africa, Australia, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, North Korea, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, Spain, Sudan, Sweden, Syria, UK, US, Venezuela, Vietnam, Yemen
Broker type
MM
Dealing book
A+B Hybrid book
Execution model
DD + NDD
Tier
3
Execution speed
0 ms
LPs total
0
LPs quality
not disclosed
LPs names
not disclosed

FIBO Group Accounts
MM
RAW
Minimum Deposit
50 $
50 $
Leverage
200 : 1
1000 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
2 pips
0 pips
Commission
0 $/lotRT
12 $/lotRT
Volume
Unlimited
100 lots
Margin Call
50 %
50 %
Stop Out
20 %
20 %
Execution
Instant
Market
Spread
fixed
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, FasaPay, Raido Finance, BitPay, Raidospare, Blockchain
Base currency
USD, RUB, CHF, GBP, XAU, BTC, ETH, BCH
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
Update broker

Is FIBO Group safe?

  • Investor protection: no
  • Regulation: FSC BVI
  • Registration: FSC BVI, CySEC Cyprus
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is FIBO Group trusted?

  • Information transparency: high ★★★★★
  • Customer service: not so helpful ★★
  • FIBO Group website: highly detailed, updated ★★★★★
  • FIBO Group popularity (by visitor count): average ★★★

How FIBO Group works



5.2 The Client acknowledges that the single reliable source of information on the quotation feed shall be the principal server servicing the actual Clients of the Company. The quotation bases in the client terminal may not serve as the reliable source of information on the quotation feed since in case of unstable connection between the client terminal and the principal server part of quotations from the quotation feed may not be delivered to the client terminal.


- Close any or all opened Transactions of the Client at such a price which is reasonably considered fair by the Company;

4.9. The Company shall reserve the right to cancel (annul) any Transaction due to wrong quotation found by the Company provided that this wrong quotation appeared as a result of malfunction of the Client Terminal.


Can I trade with an EA (Expert Advisor or robot)?
Yes, you may trade with any Forex Expert Advisor you like.



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