Fibo Group Review 2021

Fibo Group Review 2021

Davis J.
Robertson A.
March 2021
Analysis of the Main Features of the Forex Broker

7.2

Overall rating

6.99

/10

Execution of orders

7.41

/10

Investment instruments

7.05

/10

Withdrawal speed

7.35

/10

Customer Support work

6.83

/10

Variety of instruments

7.57

/10

Trading platform

30

Position
in rating

Trading terminals:

cTrader MetaTrader4
MetaTrader5 WebTerminal MT4
30

Position in rating

7.2/10
Overall rating

Trading terminals:

cTrader MetaTrader4
MetaTrader5 WebTerminal MT4

Summary of FIBO Group, Ltd Trading Company

Fibo Group broker is an international financial holding company, it has been operating since 1998. It is considered to be one of the first brokers to operate in the Forex market. The company offers a wide range of services for trading and investing. Fibo Group is an award-winning company, having won “Best ECN Broker” at the Forex EXPO in 2014 and “The Most Trusted Forex Broker 2014” according to the International Investment and Finance Exhibition of China. These achievements are a testament to their high quality. The broker is licensed by FSC. Jurisdiction - British and Virgin Islands.

Attention!

If you have an existing account with the Fibo Group, please write to the broker’s Support either via email [email protected] or through the contact page on your account, to indicate that you intend to work through us (tradersunion.com). Traders Union affiliate code: FiboGroup - IB_MOFT, fibogroup.eu - IB_tradersunion. This way you will receive the benefits and cost savings of trading through us.

👍 Advantages of trading with FIBO Group, Ltd:

  • a wide range of trading platforms, including terminal versions for mobile devices.
  • 24/7 technical support.
  • large selection of currency pairs (over 60).

👎 Disadvantages of FIBO Group, Ltd:

  • penalties and fees for early money withdrawal from a PAMM account.
  • customer service is available 24/7, but often there is a response delay of 12 hours or more.
  • a fairly modest program for bonuses, promotions, and special offers.
  • large minimum deposits, which can be a problem for the beginner traders.
  • relatively high spreads, especially when working with not the most popular trading instruments.

Overall

The Fibo Group has an excellent reputation and a great history with a deserved the large number of traders working with them in the Forex market. The company provides comfortable working conditions for both beginners and professional traders.

Visit FIBO Group, Ltd

Fibo Group Latest Comments for 2021

11
0
4

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of FIBO Group, Ltd published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

I initially started trading with the Fibo Group because of their attractive and decent trading conditions. Their support team is consistent and client-oriented. I am trading on a demo account as I am still new to the site. I chose this trader because of the MT5 version, instead of version 4. Everything is working well so far, I only trade using the candlestick chart at the moment and yet to apply other strategies. When I feel more confident and ready to progress, I plan to open a real account which will only cost a few dollars. I have signed up for an experienced trader's webinar. I am also interested in trying out the affiliate program too.

Working with the Fibo Group, you can trade not only forex currencies, but also options and futures (almost all in one). It is convenient for active experienced traders. A huge advantage is the instant withdrawal of money – I am very impressed by this. Well, the selection of currency pairs is decent and the customer support service good, I have found that I have had to learn to say "no" to their proposed solution they are interested in. As I mentioned, the broker is mainly geared towards experienced traders. If I had to raise any issues, I would mention the failure of stop-losses that can occur occasionally.

The Fibo group is a good broker. When I first opened a demo account, they assigned me a personal manager. My manager explained everything clearly and calmly in a way that I could understand. I have not been pressured or rushed into opening a real trader account and once I am ready, I will open a trader account with this broker. I like this approach and no pressure policy. By using the demo account, I managed to learn a lot. They have an excellent training base and I advise beginner traders to use it before you start trading for real. Special thanks to the support service, they answer and resolve issues with lightning speed.

Traded on an MT4 Fixed account, everything is pretty good. I liked the size of the leverage; you can trade with the whole depots. The broker allows pipsing and does not cancel transactions lasting several seconds. Execution is instant and with no slippage. The spread is not the smallest, but it is fixed and does not move apart during the night trading hours. There were no problems with the withdrawal of funds. I have no complaints about the Fibo group so far.

I initially came across the Fibo Group brokers when searching online. At first, I was apprehensive about investing without any guarantees. With time and with thanks to the educational courses and vast resources available, their qualified consultants helped me progress from a beginner trader into a professional trader. The conditions for cooperation are very favorable, everything is automated with a large variety of monetary rewards. I receive money regularly, in various currencies, to an electronic wallet or card. Of course, you have to work at it. Money is rarely "earned" by itself.

I tried many different brokers and Fibo turned out to be my best option. You just can’t imagine what I’ve faced with other brokers: spreads up to 20 pips widened, profitable trades disappeared by themselves, one of the brokers still will not allow me to withdraw my money. I am thankful to Fibo for its reliability, quick deposit, and redraws which are free of issues. It has established itself well, I can safely recommend it.

Fibo group is simply a good broker. I have been trading in Fibo not so long ago, for about 6 months or more. There are no complaints. Well, there is always something to cling to if I try, but nothing to make a fuss about. Especially since the broker is improving itself, updating itself and this is good. Since the first day when I started to cooperate with Fibo, I was immediately surprised by the speed of withdrawal. Well done, it's nice. Fibo has more advantages than disadvantages, I recommend what I use myself. I would also advise beginners to take their training to trade profitably.

2 3 >

Video Review of FIBO Group, Ltd

Expert Review of FIBO Group, Ltd

The Fibo Group has been operating in the Forex Market for more than 20 years. During this time, this broker has established itself as a reliable organization, its professionalism is recognized by the large number of industry awards that it has received. Today, the company has a predominantly positive reputation, but also has some mixed views and therefore some negative reviews as well. The company has a wide selection of various trading accounts (cent, NDD, etc.).

A large number of investors are attracted by the PAMM platform. Its advantage is the rating that allows you to choose the most suitable manager, taking into account a whole range of various factors. All this makes the Fibo Group automated trading service attractive for large investors.

In our opinion, this broker is focused primarily on professional market participants who require maximum features and acceptable conditions for conducting successful trading. The Fibo Group website is a classic one, its user-friendly interface has good functionality when searching for the information you need.

Fibo Group has successfully cooperated with Traders Union since 2015. In the course of work, we have no complaints about this broker. The company consistently fulfills all its obligations to customers and partners.

Antony Robertson

Traders Union
Financial Analyst

Analysis of the Main Features of the Forex Broker

7.2

Overall rating

6.99

/10

Execution of orders

7.41

/10

Investment instruments

7.05

/10

Withdrawal speed

7.35

/10

Customer Support work

6.83

/10

Variety of instruments

7.57

/10

Trading platform

Dynamics of the Popularity of FIBO Group, Ltd
in 2020 among the Users of the Traders Union

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Geographic Distribution of FIBO Group, Ltd Traders

Investment Programs, Available Markets and Products of the Broker

The Fibo Group provides a wide selection of different options for investing and generating passive income. One of the most popular among them is the PAMM service of a broker. In addition, the broker provides automated trading through the use of trading signals. 

The procedure for subscribing to signals is extremely simple and fast. There is no need to enter into any written contract with the subscriber, the signal provider, and the brokerage company. This process is automated within a reliable system that guarantees the accuracy of transaction execution. It is important to emphasize that the execution of transactions is carried out with minimal delays.

The Benefits of Automated Trading at Fibo Group:

  • all signals are equipped with detailed trading history and statistics. This enables you to carefully study them before subscribing;

  • certain signals are completely free, others, in turn, require a monthly fee (once a week or a month) to the trader who acts as a provider of these signals;

  • a rating table allows to choose the most suitable signal provider;

  • you can subscribe to signals and unsubscribe at any time;

  • automated trading can be carried out by trading robots, advisor programs of the MT terminal and through the MetaQuotes trading signal service.

Please note that any client of Fibo Group can take part in the investment program. By doing so he can act both as a trader who copies transactions, and as a signal provider.

Important!

If you are a large investor and plan on investments over $ 10,000, contact us at [email protected] by the feedback form on our website. Our professional team will take you through all the intricacies of thedeal and all the steps from signing up to withdrawal of profits.

Affiliate Program from Fibo Group

  • Return from 1 pip, up to 25% commission and 30% spread for each complete transaction, depending on the volume of trade of attracted users.

  • PAMM agent - 15% of manager's remuneration.

By driving and forming a network of customers, traders get an opportunity for additional income. Affiliate reward is accrued daily without any restrictions on settlement and payments.

Rebate and Discount Programs of the Traders Union for FIBO Group, Ltd

Due to cooperation with the Traders Union rebate service, you can further reduce trading costs when working with the Fibo Group. All that you need do is register free of cost on the Traders Union website and open a trading account with the Fibo Group using the Union's referral link. Please note that rebates are provided for both profitable and unprofitable trades. Rebates are accrued for both independent trades as well as automated trades.

Information

The amount of compensation for the MT4 Fixed account is from 0.6 to 1.2 pips, depending on the volume of trade. Compensation amount when trading CFDs - $3 per 1 lot. The amount of compensation on accounts MT4 NDD, cTrader NDD - 15% of the amount of commission.

Example. You trade 1 lot per day. 1 lot for a pair of EUR / USD is 100,000 units of the base currency. Pip value for 1 lot is $10. Spread - 2 points. If you worked directly with the Fibo Group, your spread costs per day would be $20. As an MT4 Fixed account type, Traders Union receives 1.2 pips per lot ($12), 80% is transferred to the trader. The amount of compensation will be 12 * 0.8 = 9.6 US dollars. The real costs of a trader working with the Traders Union will be $10.4.

Try it!  You’ll like this!

Trading Conditions for FIBO Group, Ltd Users

The trading conditions of Fibo Group can be classified as affordable and comfortable. The company offers a wide selection of trading platforms for PCs, tablets and smartphones. The broker provides several types of trading accounts, and the client can choose the best one for himself. Additional trading opportunities are provided by leverage up to 1: 1000.

$1

Minimum
deposit

1:1000

Leverage

24/5

Support

cTrader MetaTrader4
MetaTrader5 WebTerminal MT4
Trading platform: MetaTrader 4, MetaTrader 5, cTrader, WebTerminal MT4, WebTerminal MT5
Accounts: Demo, MT4 NDD, MT4 Cent, MT4 NDD No Commission, MT4 Fixed, MT5 NDD, cTrader NDD
Account currency: EUR, USD, CHF, GBP, GLD, BTC, ETH
Replenishment / Withdrawal: SWIFT Bank transfer, Connectum, RegularPay, Blockchain.com, BITPAY, Raidospare, WebMoney, Neteller, Skrill
Minimum deposit: From $1
Leverage: Up to 1:1000
PAMM-accounts: Yes
Min Order: 0.01
Spread: From 0-2.0 pips
Instruments: Currencies, CFD, Spot Metals, Cryptocurrencies
Margin call/Stop Out: 20%, 50%
Liquidity provider: There is no information on liquidity providers on the company's website.
Mobile trading: Mobile versions MetaTrader 4 Mobile for iOS and Android
Affiliate program: Yes
Orders execution: Instant Execution, Market Execution
Trading features: There is cryptocurrency trading, there are accounts for scalping
Contests and bonuses: Currently unavailable

Comparison of FIBO Group, Ltd with other Brokers

FIBO Group, Ltd FxPro XM Group Admiral Markets UK AvaTrade FXTM
Trading
platform
MT4, MobileTrading, MultiTerminal, CQG, cTrader MT4, MobileTrading, MT5, cTrader MT4, MT5, MobileTrading MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option MT4, MT5, MobileTrading, WebTrader
Min deposit $300 $100 $5 $200 $100 $1
Leverage From 1:1
to 1:400
From 1:1
to 1:500
From 1:1
to 1:30
From 1:25
to 1:500
From 1:200
to 1:400
From 1:1
to 1:1000
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0 points From 1 point From 1 point From 0 points From 0 points From 0 points
Level of margin call
/ stop out
25%  /  20% 25%  /  20% 100%  /  50% 100%  /  30% 25%  /  10% 40%  /  20%
Execution of orders NDD, Market Maker Market Execution, Instant Execution Market Execution Market Execution Instant Execution Market Execution, Instant Execution
No deposit bonus No No $30 No No No
Cent accounts No No Yes No Yes Yes

Broker comparison table of trading instruments

FIBO Group, Ltd FxPro XM Group Admiral Markets UK AvaTrade FXTM
Forex Yes Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes No
Crypto Yes Yes No Yes Yes Yes
CFD Yes Yes Yes Yes Yes Yes
indexes Yes Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF No No No Yes No No
Options No No No No No No

FIBO Group, Ltd Commissions & Fees

Information

We have analyzed Fibo Group trading conditions for the presence of explicit and hidden commissions. It is important to emphasize that there are no hidden commissions in the company, the commission for account replenishment via WebMoney is 0.8%, Skrill is 3.9%. When making a deposit through Connectum, RegularPay, Blockchain.com, BITPAY, Raidospare, Neteller - there is no commission. When replenishing through a bank transfer, the size of the commission depends on the sending bank and is about $35-50. When replenishing with a credit card through the Yandex.Kassa service, the commission is 2.35%. Withdrawal fee - from 0.8% to 4%, depending on the selected method of withdrawing funds.

Account type Spread (minimum value) Withdrawal commission
Cent From $0.06 Yes
Fixed From $20 Yes
NDD From $0 Yes
cTrader NDD From $0 Yes
NDD No Commission From $8 Yes
MT5 NDD From $0 Yes

There are swaps (commission for transferring an open trade to the next day). In addition, we compared the trading commissions in Fibo Group with the similar figures of other brokers. As a result, based on this comparison, each company was assigned an appropriate level by this criterion.

Broker Average commission Level
FIBO Group, Ltd $12 Medium
FxPro $13.2 High
RoboForex $6.55 Low
FIBO Group, Ltd
$12
FxPro
$13.2
RoboForex
$6.55
Conclusion

The broker Fibo Group charges relatively medium commissions on a number of trading accounts. It’s possible to reduce commissions due to the rebate from the Traders Union.

Detailed Review of Fibo Group

The Fibo Group is ranked high among the top companies operating in the Forex market. In its work, the company strictly adheres to the principles of transparency, comprehensive protection of customer's interests, as well as strict compliance with legislative requirements and standards, including the requirements of national regulators.

The company is constantly developing and is confidently moving forward, introducing new services designed to simplify and diversify the trading process.

The Fibo Group has offices in major European countries, Central and East Asia. Also, the important advantages of the Fibo Group are:

  • annual audit confirming the company's compliance with the highest standards;

  • a large selection of ways to replenish your account and withdraw funds;

  • numerous awards.

What makes the Fibo Group so popular amongst traders of the Forex Market?

The Fibo Group provides a wide selection of trading platforms, financial instruments and trading accounts. The company offers both cent and demo beginner accounts for beginner traders and for experienced traders at levels of experience they offer both classic and professional accounts. Through the use of innovative technologies, the Fibo broker company guarantees the maximum speed of transaction execution and no slippage.

Fibo Group provides customers with the opportunity to work on the MetaTrader 4, MetaTrader 5 and cTrader trading platforms. ‌Busy lifestyle fans can use WebTerminal MT4 and WebTerminal MT5 for trading. For smartphone users, it is possible to trade through the mobile versions of the MetaTrader 4 and MetaTrader 5 trading terminals for iOS and Android.

The Fibo Group offers the following useful services:

  • ‌market analysis. Every day, company experts publish reviews of the most popular trading tools, share some analytical information and recommendations;

  • economic calendar. Service which contains the most important economic news affecting the dynamics of currency pairs.‌

Advantages:

1

all types of trading accounts are segregated;

2

scalping is allowed;

3

relatively narrow spread;

4

free analytics is available;

5

an opportunity for automated trading is provided.

How to Start Making Profits — Guide for Traders

The Fibo Group offers a range of accounts to choose from. There are options for beginners and professional traders. They differ in the minimum deposit size, type/level of spread, as well as the presence or absence of a commission.

Account types:

Account Type
Description
MT4 Cent
is a cent account with no minimum deposit requirements. The maximum leverage is 1:1000, the spread is from 0.6 pips. A great solution for beginners and checking the trading system;
MT4 Fixed
is a branded account for experienced traders who prefer classic trading. Spread - from 2 pips, minimum deposit - $50, no commission;
MT4 NDD
is an account for customers who want to work directly with liquidity providers. Ideal for scalping. Spread - from 0 pips, minimum deposit - $50, commission - 0.003% of the transaction amount;
MT4 NDD No Commission
is the perfect solution for scalpers. An important advantage of this account is the lack of commission. Spread - from 0.8 pips, minimum deposit - $50;
cTrader NDD
this type of account is intended for traders who use the cTrader terminal in trading. Suitable for intraday trading. Spread - from 0 pips, minimum deposit - $50, commission - 0.003% of the transaction amount;
MT5 NDD
is a great solution for scalping and using automated advisors or trading signals. It is primarily aimed at professional traders, since the minimum deposit is $1,000. Spread - from 0 pips, commission - 0.006% of the transaction amount.

To learn more about the capabilities and working conditions of this broker, we recommend using a demo account.

The Fibo Group is a reliable company that provides ample opportunities for comfortable trading and is aimed at a diverse audience of clients - from the beginners to professionals.

Bonuses Paid by the Broker

The Fibo Group company does not provide its customers with any bonuses and does not hold any promotions which are a sign of a top broker.

Fibo Group Review - Bonuses
Fibo Group Review - Bonuses

Bonus from Traders Union

Would you like to avoid unnecessary expenses during the trading process? Then register for free with Traders Union, follow the special affiliate link to the website of the broker company Fibo Group, open an account, trade and receive a monthly refund of the spread to the Traders Union account regardless of the outcome of the trade. If you are an existing Fibo Group trader, here you will find detailed instructions on how to link your brokerage account with a Traders Union account.

Investment Education Online

Information

A special analytics section with tools useful for both the beginner and professional traders has been created on the site of the Fibo Group broker company.

Information available in the "Analytics" section
Unavailable information on the Fibo Group website 
Market analysis
Dow Jones News
Economic calendar
Trading Central Service
Forecasts of currency pairs
Autochartist Graphical toolkit
Questions and answers
 
Accounting pairs of the Central Bank
 

It is recommended that each of these tools is tested on a demo account.

Security (Protection for Investors)

Information

The activities of the Fibo Group broker are regulated by the British Virgin Islands Financial Services Commission BVI FSC (license number SIBA / L / 14/1063).

BVI FSC is an international regulator with a fairly high level of authority. This organization sets strict requirements for licensees, which ensures the safety of traders' funds in segregated accounts.

👍 Advantages

  • Use of segregated accounts in accordance with regulatory requirements
  • Negative balance protection
  • Settlement of disputes involving an independent person as arbitrator

👎 Disadvantages

  • Regulator does not consider claims of private traders with insignificant amounts

Withdrawal Options and Fees

  • The Fibo Group company instantly withdraws funds at the request of the client - an application for withdrawal. The commission depends on the selected withdrawal method. There are restrictions on the withdrawal size and frequency.

  • There are 10 options for replenishment and withdrawal: bank transfer SWIFT, Yandex.Kassa, Connectum, RegularPay, Blockchain.com, BITPAY, Raidospare, WebMoney, Neteller, Skrill.

  • When withdrawing to electronic systems, funds are credited within a few minutes. When withdrawing to credit cards through the services Yandex.Kassa, Connectum, RegularPay, crediting takes place within a period of up to 10 business days. When using bank transfer to withdraw funds through the SWIFT system, the transfer is made within 3-5 working days.

  • Currencies of withdrawal and replenishment: USD, EUR, GBP, CHF, BTC, ETH, RFC.

Please note that in case of withdrawal of an amount exceeding $1,000, you have to go through the verification procedure.

Customer Support Service

Information

The broker provides 24/7 customer support.

👍 Advantages

  • There is an online chat and a phone support
  • Multilingual support(English, Indonesian, Spanish,German, Russian, French)

👎 Disadvantages

  • Not working on weekends

Multilingual support

(English, Indonesian, Spanish,

German, Russian, French)

There are several ways to contact Customer support:

  • by phone numbers indicated on the site;

  • via email;

  • via live chat on the broker's website;

  • via the feedback form in your account.

Customer support is available both from the site of the brokerage company and from your personal account.

Contacts

Registration address Suite 925a, Block 8/9, Europort, Gibraltar.
Regulation
Contacts

Review of the Personal Cabinet of Fibo Group

To start trading in the Forex Market with the Fibo Group and receive a spread refund using Traders Union, you need to:

1

Register on the Traders Union website, which is simple, fast and free. Once you have completed your registration you will receive a special affiliate link, go to the website of Fibo Group. On the broker’s home page click the "Open Trading Account" button.

Fibo Group Review - Official website
Fibo Group Review - Official website
Fibo Group Review - Official website
2

Log in by entering: your phone number, your last name and first name (in English), as well as your email address (will be used as a login). The data for entering your personal account will be sent to the specified mail. Before replenishing your account, we strongly recommend that you go through verification.

3

The following functions in the Fibo Group personal account are available:

1. Account replenishment:
Fibo Group Review - Replenishment
Fibo Group Review - Replenishment
2. Withdrawal of funds:
Fibo Group Review - Withdrawal
Fibo Group Review - Withdrawal
1. Account replenishment:
Fibo Group Review - Replenishment
Fibo Group Review - Replenishment
2. Withdrawal of funds:
Fibo Group Review - Withdrawal
Fibo Group Review - Withdrawal

In addition, a number of other useful functions are available to users:

  • Information on bonuses received as part of affiliate programs.

  • Latest market news.

  • Managed Account Data (PAMM).

  • Sending messages to Customer support staff

Tags:

FIBO Group Ltd FIBО FIBO Group fibo-forex fibogroup fibogroup.com

The Oldest Reviews of the FIBO Group, Ltd

The reviews by customers of the FIBO Group, Ltd indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of FIBO Group, Ltd published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

I have been working with the Fibo broker for about 2 years. When I commenced, I skipped the demo account and directly opened a trader account. I am not sure how I was so lucky but I managed to earn about $300 in the first couple of months. You must be prepared to put the hard work but the experience was worth it. I then progressed to an ECN account and I still enjoy it. At first, I wasn't used to transactions flying at such a speed, but I took a few risks due to inexperience and stupidity and ended up in the red, but I quickly learned from my past mistakes.
The commission was a little frustrating but due to narrow spreads, these costs somehow were this evened itself out. As I mentioned earlier, you must be prepared to put in the work to earn your commission. Yes, I trade on MT5 and now I am so used to MTs that I don’t want to get off it. Well, the withdrawal speed and the absence of commissions are also cool. Lately, not many can boast of this.

I am a conservative type of person except when it comes to my trading on the Forex Market. My style of trading is far from a conservative way of earning money. But this caught my interest so I took a course, took advantage of the training resources that are provided to traders on their site, and I challenged myself with a demo account.
The Fibo company offers excellent conditions, I didn't even expect to like it so much. For a year now I have been trading, mainly in gold. There were no problems with the company directly. I understood everything thoroughly from the beginning: the Fibo levels, trends, figures.
I chose a conservative broker in this area which provides me the stability and reliability to go ahead and trade in my own creative and non-conservative way!This is supported by a very robust and strong platform.

A great company and has its advantages and disadvantages. Fibo has a great range of accounts from a cent to ECN, a good selection of payment options,and fast withdrawals. The company has a stable platform and I have not encountered any errors or issues so far. Their support team is helpful and responds promptly. I have also not encountered any replenishment issues. There is a way to deposit and withdraw without commission. At first, I drained 800 dollars, but solely out of my stupidity.I mostly do PAMM trades. The negative aspect of Fibo’s PAMM is that there are large fines for withdrawal ahead of time. My manager has been trading for more than 8 months. I regard it as a guarantee of his professionalism. In any case, I have not found managers trading more than a year on local PAMM platforms. And so far, he has been providing positive dynamics of profitability without serious drawdowns. My money has been running in PAMM for 2 months already, I keep track of the dynamics.

I have been working with the Fibo group for a few years now, I believe that this provides me with enough experience to provide advice to other traders. with the others my impression of the Fibo Group. There are several negative reviews about this broker, but, despite everything, FIBO does not give up its positions and continues to function as before, gaining and gaining momentum. During my time working with this broker, I have never had to follow up or query payment. I hope that they continue with this high standard and that the professionals are in no hurry to stop any time soon.
Everyone remembers the difficulties with the payouts, and in this situation, the Fibo Group did not give up and found a way out. Do not forget about the fact that the company, by global standards, is quite young, but during this time it has managed to step forward quite noticeably. I will not lie, before starting the Fibo Group, I re-read a lot of forums where at least something was mentioned about this brok

I have been working with The Fibo Group for many years. Over the years I have experienced large earnings as well as equally large losses. This is the nature of the trading market and not to do with the broker. This is important advice for beginner traders.
The broker has good withdrawal times and reliability, theorbo works fine. Before installing a high-speed network, I would have mentioned that there are no slippages. But since I have started trading with high-speed internet, I can now see orders are rarely accurate, even in moments of great action. This is just my honest feedback on parts of the service with over 5 years’ experienceI have had a very good experience with this broker. The support team-friendly has a positive attitude and highly qualified. The performance on NDD (where I mostly work) is perfect! I think that it is one of the best Forex companies. It was unpleasant that the spreads were widened when the volatility was high. But now everything has been returned.

I have been working with the Fibo Group for six months and during this time, I have not experienced any issues with its service. I am not a full-time trader; I trade in the evenings after work. I never leave open positions. I open and close orders as soon as possible. In my opinion, if you completely control your account and apply effort to your trading, then there will be no problems. Fibo conditions suit me perfectly. Very good spread and execution, and these, as for me, are the main aspects the profit is formed from in the end.

I have been trading for approximately 2 months with the Fibo Group and so far,I don’t have any complaints. My documents were checked and processed efficiently, I was able to replenish my account easily and quickly and the withdrawal of profits was also just as quick. High-quality, intuitive and convenient service. Their customer service is prompt and helpful and they have a lot of useful tools. I hope everything will remain at the same level. I have changed brokers four times recently and I really want to settle down. I do hope that I will be able to do it with the Fibo Group.

Author of this Review

FIBO Group, Ltd broker’s review prepared by

John Davis

Traders Union Author and Analyst

John Davis is a Financial and Economic Analyst working with the Traders Union since 2016. During this time, he has written more than 100 analytical articles on technical and fundamental analysis, reviews of financial companies and has developed more than 10 proprietary trading systems. John's motto is to help everyone go from a novice to a professional trader.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

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FAQs

Do reviews by traders influence the FIBO Group, Ltd rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about FIBO Group, Ltd you need to go to the broker's profile.

How to leave a review about FIBO Group, Ltd on the Traders Union website?

To leave a review about FIBO Group, Ltd, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about FIBO Group, Ltd on a non-Traders Union client?

Anyone can leave feedback about FIBO Group, Ltd on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with FIBO Group, Ltd through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.