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Fibo Group Review

FX Author By Jeffrey Cammack Author Information Updated: May 27, 2020
Overall Rating
3.95 3.95 / 5
Min. Deposit USD 5
Max. Leverage 1000:1
Min. Spread 0.2 pips
Regulators CySEC,IFSC
Regulator Origin CySEC IFSC
Trading Desk Type

Reviews

Regulation 1110.50
Trading Conditions 1110.50
Trading Platforms 11111
Deposit & Withdrawal 11110.5
Education & Research 1110.50
Assets Available 11110
Customer Service 11110

 

Beginner Friendly Standard
Bonuses None
Our Review Process

Trading Conditions

Minimum Deposit USD 5
Base currencies EUR, USD, RUR, CHF, GBP
Number of FX Pairs 60+
Hedging Allowed Yes
Scalping Yes
Islamic Account Yes

Average Spreads

EUR / USD 0.2
GBP / USD 0.4
USD / JPY 0.2

Company Details

Company name FIBO Group Ltd.
Founded 1998
Website www.fibogroup.com
Type Market Maker NDD, ECN/DMA
Regulators CySEC,IFSC
Office locations Austria, Kazakhstan, Cyprus, China

Deposit & Withdrawal Methods

Supported Platforms for Fibo Group

Alert Most retail CFD accounts lose money. Your capital is at risk.

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Overall Rating 1110.50 3.95 / 5 11110.5 4.51 / 5 11110.5 4.68 / 5
Minimum Deposit USD 5 AUD 100 AUD 5
Regulation
CySEC CySEC
IFSC IFSC
FCA FCA
ASIC ASIC
DFSA DFSA
ASIC ASIC
FCA FCA
MAS MAS
FMA FMA
Trading Desk Type
Trading Instruments Commodities, Cryptocurrencies, Forex, Indicies, Metals, Energies Cryptocurrencies, Forex, Indicies, Metals, Equities, Bonds, WTIs
Forex Pairs 60+ 80+ 330
Crypto Pairs 9 5 12
Pros
  • Great platform choice
  • Low minimum deposit
  • Well regulated
  • Tight spreads
  • Great platform choice
  • Wide range of assets
  • Well regulated
  • Tight spreads
  • Good for beginners
  • Excellent education
  • Excellent market analysis
Cons
  • Limited education
  • High minimum deposit
  • Limited market analysis
  • No swap-free account option
Read Full Review Read Full Review
Regulation 1110.50 3.5 / 5 11110.5 4.5 / 5 11111 5 / 5
Trading Conditions 1110.50 3.5 / 5 11110.5 4.5 / 5 11111 5 / 5
Trading Platforms 11111 5 / 5 11111 5 / 5 11110.5 4.5 / 5
Deposit & Withdrawal 11110.5 4.5 / 5 11110 4 / 5 11111 5 / 5
Education & Research 1110.50 3.5 / 5 11110.5 4.5 / 5 11110.5 4.5 / 5
Assets Available 11110 4 / 5 11110.5 4.5 / 5 11110.5 4.5 / 5
Customer Service 11110 4 / 5 11110.5 4.5 / 5 11110 4 / 5
% Lose with this broker N/A 78.6% of retail investor accounts lose money when trading CFDs with this provider 75% of retail investor accounts lose money when trading CFDs with this provider
Leverage 1000:1 300:1 500:1
Spread 0.2 pips 0.0 pips 0.7 pips
Hedging Yes Yes Yes
Scalping Yes Yes Yes
Account Types
  • NT4 NDD (Mini)
  • Swap-free
  • CFD Account (Mini)
Islamic Account Yes Yes No
Trading Platforms cTrader , MT4 , MT5 cTrader , MT4 , MT5 CMCmarkets, MT4
Funding Methods Bank Transfer, Visa, Mastercard, Skrill, Neteller, WebMoney, Fasapay, PerfectMoney Bank Transfer, Visa, Mastercard, Skrill, Paypal, Unionpay, POLi, BPay Bank Transfer, Visa, Mastercard, Paypal, BPay, POLi
Trading Commission 6 AUD / lot - ECN Accounts From 7 USD / lot - Razor Account Fees Included in Spread
Clear all brokers Clear all brokers

Fibo Group

Visit Website

Pepperstone

Visit Website

CMC Markets

Visit Website
Overall Rating 1110.50 3.95 / 5 11110.5 4.51 / 5 11110.5 4.68 / 5
Minimum Deposit USD 5 AUD 100 AUD 5
Regulation
CySEC CySEC
IFSC IFSC
FCA FCA
ASIC ASIC
DFSA DFSA
ASIC ASIC
FCA FCA
MAS MAS
FMA FMA
Trading Desk Type
Trading Instruments Commodities, Cryptocurrencies, Forex, Indicies, Metals, Energies Cryptocurrencies, Forex, Indicies, Metals, Equities, Bonds, WTIs
Forex Pairs 60+ 80+ 330
Crypto Pairs 9 5 12
Pros
  • Great platform choice
  • Low minimum deposit
  • Well regulated
  • Tight spreads
  • Great platform choice
  • Wide range of assets
  • Well regulated
  • Tight spreads
  • Good for beginners
  • Excellent education
  • Excellent market analysis
Cons
  • Limited education
  • High minimum deposit
  • Limited market analysis
  • No swap-free account option
Read Full Review Read Full Review
Regulation 1110.50 3.5 / 5 11110.5 4.5 / 5 11111 5 / 5
Trading Conditions 1110.50 3.5 / 5 11110.5 4.5 / 5 11111 5 / 5
Trading Platforms 11111 5 / 5 11111 5 / 5 11110.5 4.5 / 5
Deposit & Withdrawal 11110.5 4.5 / 5 11110 4 / 5 11111 5 / 5
Education & Research 1110.50 3.5 / 5 11110.5 4.5 / 5 11110.5 4.5 / 5
Assets Available 11110 4 / 5 11110.5 4.5 / 5 11110.5 4.5 / 5
Customer Service 11110 4 / 5 11110.5 4.5 / 5 11110 4 / 5
% Lose with this broker N/A 78.6% of retail investor accounts lose money when trading CFDs with this provider 75% of retail investor accounts lose money when trading CFDs with this provider
Leverage 1000:1 300:1 500:1
Spread 0.2 pips 0.0 pips 0.7 pips
Hedging Yes Yes Yes
Scalping Yes Yes Yes
Account Types
  • NT4 NDD (Mini)
  • Swap-free
  • CFD Account (Mini)
Islamic Account Yes Yes No
Trading Platforms cTrader , MT4 , MT5 cTrader , MT4 , MT5 CMCmarkets, MT4
Funding Methods Bank Transfer, Visa, Mastercard, Skrill, Neteller, WebMoney, Fasapay, PerfectMoney Bank Transfer, Visa, Mastercard, Skrill, Paypal, Unionpay, POLi, BPay Bank Transfer, Visa, Mastercard, Paypal, BPay, POLi
Trading Commission 6 AUD / lot - ECN Accounts From 7 USD / lot - Razor Account Fees Included in Spread

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Alert Most retail CFD accounts lose money. Your capital is at risk.

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