It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.

Pros and cons of SBI SECURITIES

Pros:

• Wide range of financial products available for investment

• Clear and specific fee structure for each financial product

• User-friendly and reliable trading platform developed by the company

• Efficient and helpful customer support available 24/7

• Regulated by the FSA, ensuring a high level of security and trustworthiness

Cons:

• Lack of transparency regarding minimum deposit amount and trading account types

• Limited educational resources for investors who are new to the market

• No information provided on deposit and withdrawal methods, potentially causing inconvenience for clients

• Maximum leverage of 1:25, which may not be as attractive for experienced traders looking for higher leverage ratios.

What type of broker is SBI SECURITIES？

SBI SECURITIES is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, SBI SECURITIES acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of the leverage offered. However, this also means that SBI SECURITIES has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interests of their clients. It is important for traders to be aware of this dynamic when trading with SBI SECURITIES or any other MM broker.

General information and regulation of SBI SECURITIES

SBI Securities was founded in 1988, changed its name to E-Trade Securities Co. in 1999, and launched its Internet service in July of the same year. In 2000, SBI Securities was granted full membership of the Osaka Securities Exchange, and in 2001, its assets increased to 11,501 million yen. In 2003, SBI Securities was granted the integrated trading status of the Nagoya Stock Exchange and became a specific general member of the Tomioka Stock Exchange. In 2006, SBI Securities, as a professional online securities company, exceeded the total number of securities accounts of one million for the first time and changed its name from E-Trade Securities Ltd. to SBI E-Trad Ltd. in July. 2007, SBI E-Trad Ltd. and SBI In 2014, the platform's net securities first consolidated securities account traded over 3 million accounts. In 2010, Net Securities' first consolidated securities account traded more than 5 million accounts. SBI Securities currently hold a retail foreign exchange license (license number: 3010401049814) issued by the Financial Services Agency of Japan.

In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.

Market instruments

SBI Securities offers a wide range of financial products for investors to choose from, including domestic and foreign stocks, investment trusts, bonds, foreign exchange, futures/options, CFDs, gold, silver, warrants, and insurance. This allows investors to diversify their investment portfolio and take advantage of different market conditions. SBI Securities also provides access to both domestic and foreign markets, providing a wider range of investment opportunities. However, some financial products may not be accessible to certain types of investors, and trading fees may be higher compared to some other brokers. It is also important to note that certain financial products, such as futures/options and CFDs, carry higher risks for investors. Additionally, investors who are new to certain financial products may lack education and guidance, which could potentially lead to losses.

Spreads and commissions for trading with SBI SECURITIES

SBI Securities offers a transparent fee structure with specific fees for different financial products, which are clearly displayed on their website. This allows investors to make informed decisions and plan their trades accordingly. Additionally, the brokerage fee for some products such as Nikkei 225 CFDs is lower than the industry average, which can save investors money in the long run. However, some fees may be higher than those of competitor brokers, which may discourage some investors from using SBI Securities. Overall, SBI Securities provides a clear and transparent fee structure with no hidden fees, which can be beneficial for investors.

Trading accounts available in SBI SECURITIES

SBI Securities does not disclose its minimum deposit requirement for its trading accounts, which is a significant disadvantage for potential investors. However, it´s possible that the company offers flexible account types, and clients can choose from a range of accounts.

Trading platform(s) that SBI SECURITIES offers

SBI Securities provides its users with a proprietary trading platform that offers advanced features such as charting tools, fast execution speed, and a user-friendly interface. The platform is compatible with both desktop and mobile devices, allowing users to trade anytime and anywhere. The advanced charting tools available on the platform enable traders to perform technical analysis efficiently and effectively, allowing them to make informed trading decisions. Although the platform is only available in Japanese, it is easy to navigate, and users who are not fluent in Japanese can use translation tools to understand the platform's functions. Overall, SBI Securities' proprietary platform is a reliable and efficient tool for traders who are looking for a feature-rich platform that is easy to use.

Maximum leverage of SBI SECURITIES

SBI SECURITIES offers a maximum leverage of up to 1:25, which is in line with the regulations set by the local authorities. This means that clients can trade with a much larger position size than their initial deposit, magnifying their potential profits and losses. While high leverage can be attractive to traders seeking to maximize their returns, it can also lead to significant losses if the market moves against them. Therefore, traders should exercise caution when using high leverage and have a solid risk management strategy in place to minimize potential losses.

Deposit and Withdrawal: methods and fees

SBI SECURITIES provides various deposit and withdrawal methods for their clients. However, the specific details and fees related to these methods are not mentioned on their website, which can make it difficult for clients to plan their transactions accordingly. The website provides limited information on the deposit and withdrawal process, requiring the client to log in to their account to access more details. While the transactions are secure and encrypted, the lack of information on the website can be a disadvantage. However, the processing time for deposits and withdrawals is quick and efficient, which is an advantage for clients. It is not mentioned on the website what the minimum deposit and withdrawal amount is, which can be a disadvantage for those who prefer to trade with a smaller amount.

Educational resources in SBI SECURITIES

SBI Securities does not offer any educational resources to its clients. There are no access to market analysis, news, forex basics or technical analysis. The lack of educational resources makes it challenging for beginners to start trading, as they would have to rely on external sources to gain knowledge about trading strategies and market trends. Moreover, advanced traders may feel limited as they have no access to research tools and data analysis. Therefore, SBI Securities should consider providing educational resources for its clients to improve their trading knowledge and skills.

Customer service of SBI SECURITIES

SBI SECURITIES provides prompt customer service through their 24/7 live chat support. The customer service representatives are known for their quick response time and efficiency in handling customer inquiries. However, their phone support incurs fees, which may be a disadvantage for clients who prefer to call for assistance. Additionally, SBI SECURITIES has limited customer service options, with live chat being the only available option for immediate assistance. There is also limited information about their customer support on their website, which may make it difficult for clients to find answers to their questions.

Conclusion

In conclusion, SBI Securities is a Japan-registered company that offers various financial products, including stocks, bonds, foreign exchange, futures/options, CFDs, and more. The platform has a user-friendly interface, and the website provides a clear list of fees for each financial product, which is an advantage for traders. However, the lack of transparency on account types and deposit/withdrawal methods may be a disadvantage. Another drawback is the absence of educational resources, which could be useful for beginner traders. The customer support is good with a 24-hour live chat service and a phone number, although the latter has fees. Overall, SBI Securities is a regulated broker with a strong reputation in Japan, and traders who are comfortable with the limitations mentioned may find it to be a suitable option for their trading needs.

Frequently asked questions about SBI SECURITIES

• Question: What financial products does SBI Securities offer？

• Answer: SBI Securities offers a range of financial products, including domestic and foreign stocks, investment trusts, bonds, foreign exchange, futures/options, CFDs, gold, silver, warrants, insurance, and more.

• Question: What is the maximum leverage offered by SBI Securities？

• Answer: The maximum leverage offered by SBI Securities is up to 1:25, which complies with local laws and regulations.

• Question: What customer support options are available at SBI Securities？

• Answer: SBI Securities offers live chat support 24 hours a day and a phone number with fees for customer care.

• Question: Does SBI Securities provide educational resources？

• Answer: No, SBI Securities does not provide educational resources for clients.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

FIBO Group, a trading name of FIBO Group Holdings Limited, is an online financial dealer, established in 1998 with four offices worldwide in Shanghai, Alma-Ata, Limassol, and Munich.

FIBO Group, or International Financial Holding FIBO Group, is an international financial holding company that was established in 1998. It offers online trading services, primarily in the foreign exchange market, but also provides a platform for the trading of CFDs, commodities, and cryptocurrencies. Headquartered in Vienna, Austria, the company has a global presence with subsidiaries in the British Virgin Islands, Cyprus, Australia, Singapore, and Russia, as well as offices in several other countries. FIBO Group started as an investment consulting firm and evolved into a prominent player in the forex market, and in 2017 it expanded into cryptocurrency derivatives.

Here is the home page of this brokers official site:

FIBO Group is under the regulations of several regulation authorities, including CySEC in Crypus ( Regulatory license no. 182/11), BaFin in Germany (Regulatory license no.124031), a European Authorized Representative license from FCA (revoked) in the UK, with registration number 532885, and an offshore retail forex license from FSC in the Virgin Islands ( regulatory license number SIBA/L/14/1063).

Note: The screenshot date is January 30, 2023. WikiFX gives dynamic scores, which will update in real-time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Pros and Cons:

FIBO Group presents a range of advantageous features for traders. Firstly, they offer multiple trading platforms, ensuring flexibility and choice. Competitive spreads are provided across various trading instruments, contributing to cost-efficiency. The availability of flexible leverage options allows traders to tailor their exposure according to their risk preferences. FIBO Group also caters to diverse trading needs through a variety of account types. In addition, they provide valuable trading tools, including market sentiment data, economic calendars, and trading signals, enhancing decision-making capabilities. Traders can further benefit from the educational resources offered by FIBO Group's Academy, which includes webinars and a comprehensive glossary. It's important to note that PAMM account availability may be limited on certain platforms, and customer support availability may primarily be on weekdays.

Market Instruments

FIBO Group offers mainstream and popular financial products in the global financial market for investors, including forex (60 currency pairs), precious metals (gold and silver), cryptocurrencies (Bitcoin, Ethereum, Litecoin, Zcash, Dash, Monroe), CFDs, etc.

1. CFD Trading:

   CFD trading, which stands for Contract for Difference, allows traders to speculate on the price movements of various financial instruments, such as currencies, shares, commodities, and indices. Traders do not own the underlying asset but rather enter into a contract based on the price difference between the opening and closing of the trade.

1. Spot Metals:

   FIBO Group provides access to spot metals trading, particularly gold and silver. Spot metals are traded based on the current market price and allow traders to take advantage of price movements in these precious metals.

1. Forex:

   Forex, also known as foreign exchange, involves the trading of currencies. It is the largest and most liquid financial market globally, where traders aim to profit from fluctuations in currency exchange rates. FIBO Group offers a wide range of currency pairs for forex trading.

1. Cryptocurrencies:

   FIBO Group also enables trading in cryptocurrencies, which are digital assets that utilize cryptographic technology. Traders can speculate on the price movements of popular cryptocurrencies like Bitcoin, Ethereum, and others. Cryptocurrency trading with FIBO Group is typically conducted through CFDs, allowing traders to benefit from price speculation without owning the actual digital tokens.

By offering these market instruments, FIBO Group provides traders with a diverse range of opportunities to participate in global financial markets and capitalize on price fluctuations across different asset classes.

Account Types

1. MT4 Cent Account:

   The MT4 Cent Account is designed for traders who want to start with smaller amounts. It operates on the market maker order execution technology. This account has a minimum deposit requirement of 0 cents, making it accessible to those with limited funds. The account uses the fifth decimal point, allowing for more precise pricing. The minimum lot and volume step are set at 0.01, providing flexibility in trade sizes. The spread starts from 0.6 pips, and there is no commission charged. The leverage offered is 1:1000, allowing traders to amplify their positions. The stop out level is set at 20%, meaning positions will be automatically closed if the account equity falls below this threshold. The account currency options include USD cent and GLD Cent1. CFD trading is not available in this account. Traders can access 32 currency pairs and can have a maximum of 50 open orders. The maximum order volume is set at 100 lots or 1 standard lot. Managed account (PAMM) feature is not available in this account.

2. MT4 Fixed Account:

   The MT4 Fixed Account is suited for traders who prefer a fixed spread model. It also operates on the market maker order execution technology. The minimum deposit requirement for this account is $50. The account uses a standard four decimal point pricing system. The minimum lot and volume step are the same as the MT4 Cent Account, set at 0.01. The spread starts from 1 pip, and no commission is charged. The leverage offered is 1:200. The stop out level is set at 20%. The account currency options include EUR, USD, RUR, CHF, and GBP. CFD trading is available in this account. Traders can access 43 currency pairs, although information regarding the maximum open orders and maximum order volume is not provided. The account offers a managed account (PAMM) feature, allowing traders to invest in PAMM accounts and allocate funds to professional traders.

3. MT4 NDD Account:

   The MT4 NDD Account operates on the No Dealing Desk (NDD) order execution technology, providing traders with direct market access. The minimum deposit requirement is $50. The account uses the fifth decimal point for precise pricing. The minimum lot and volume step are set at 0.01, similar to the other MT4 accounts. The spread starts from 0 pips, but there is a commission of 0.003% charged based on the transaction amount. The leverage offered is 1:400, providing increased buying power. The stop out level is set at 50%, allowing for more flexibility in margin requirements. The account currency options include EUR, USD, and GLD2. CFD trading is available in this account. Traders can access 32 currency pairs, and the account offers a managed account (PAMM) feature.

4. cTrader NDD Account:

   The cTrader NDD Account is designed for traders who prefer the cTrader platform and the benefits of No Dealing Desk (NDD) execution. The minimum deposit requirement for this account is $50. The account uses the fifth decimal point for precise pricing. The minimum lot and volume step are the same as the other accounts, set at 0.01. The spread starts from 0.8 pips, and there is no commission charged. The leverage offered is 1:400. The stop out level is set at 50%. The account currency options include EUR, USD, GLD2, BTC3, and ETH4, providing additional flexibility. CFD trading is not available in this account. Traders can access 32 currency pairs, and the account offers a managed account (PAMM) feature.

5. MT5 NDD Account:

   The MT5 NDD Account is designed for traders who prefer the MT5 platform and direct market access through No Dealing Desk (NDD) execution. The minimum deposit requirement for this account is $50. The account uses the fifth decimal point for precise pricing. The minimum lot and volume step are set at 0.01. The spread starts from 0 pips, and there is a commission of 0.005% charged based on the transaction amount. The leverage offered is 1:400. The stop out level is set at 50%. The account currency option is limited to USD. CFD trading is not available in this account. Traders can access 33 currency pairs, and information regarding the maximum open orders and maximum order volume is not provided. The account offers a managed account (PAMM) feature.

6. Demo Account: A demo account is a practice account that allows traders to simulate trading without using real money. It is useful for learning and testing trading strategies in a risk-free environment.

7. Managed Account:

The Managed Account option is available only for the MT4 Fixed and MT4 NDD account types. With a Managed Account, clients can have their trading account managed by a professional fund manager. The fund manager trades on behalf of the client, aiming to generate profits. However, the availability of Managed Accounts may be subject to certain conditions and requirements set by the broker.

It is important for clients to thoroughly understand the terms and conditions, fees, and risks associated with managed accounts before opting for this service.

Leverage:

FIBO Group provides leverage to traders, which is the capital offered by the broker to potentially amplify funds by using a ratio of the trader's capital to the broker's credit. While leverage presents an opportunity to increase funds, it's important for traders to understand that higher leverage also comes with higher risks. FIBO Group adheres to regulatory restrictions, offering leverage ratios of up to 1:30 for major currency pairs and 1:10 for commodities, while the MT4 Cents account offers leverage up to 1:1000 and NDD accounts offer leverage up to 1:400.

Spreads and Commissions

Forex brokers generate income through commissions and spreads. Commissions refer to the fees charged by brokers for facilitating trades, and they vary depending on the instrument and account type. FIBO Group does not charge commissions on its MT4 Cent and MT4 Fixed accounts.

On the other hand, spreads are the difference between the bid price (the price at which traders can sell) and the ask price (the price at which traders can buy). Spreads can be either variable or fixed, depending on market conditions such as interest rates. FIBO Group offers a range of spreads, with minimum spreads ranging from 0 pips to 2.0 pips, depending on the specific account type.

Additionally, some brokers impose rollover or swap fees for positions held open overnight. These fees are determined by the interest rate differential between the currency pairs involved in the open position.

For the MT4 NDD, cTrader NDD, and MT5 NDD accounts offered by FIBO Group, commissions are charged ranging from 0.003% to 0.005% of the transaction amount. It's important to note that the specific fees may vary depending on the account type and trading conditions.

Overall, understanding the fees involved in trading is essential for traders to manage their costs and make informed decisions when choosing a broker.

How to open an account with FIBO Group？

1. Sign up-Creating your Client Area. The first stage of registration with the company is creating your Client Area. To do this, you need to indicate your email address and phone number in the sign-up form on the site.

2. Verification of email, phone number and proof of identity. To verify your email, this broker will send you an email to the address you indicate while signing up. Click the link in the message to confirm your email address.

3. Depositing funds to your account and starting trading.

Spreads & Commissions

The minimum spread for MT4 Cent Accounts is 0.6 pips, with no commission. The minimum spread for MT4 Fixed Accounts is 2 pips, with no commission. The minimum spread for MT4 NDD Accounts is 0 pips, and the commission is 0.003% of the trading volume. MT4 NDD No-Commission Account has a minimum spread of 0.8 pips. cTrader NDD Accounts has a minimum spread of 0 pips, and the commission is 0.003% of the trading volume. MT5 NDD Account has a minimum spread of 0 pips, and the commission is 0.005% of the trading amount.

Trading Platform

FIBO Group provides traders with a choice of three reliable and widely-used trading platforms. The cTrader platform offers direct trading with international banking institutions and features high-speed order execution, customizable indicators, and market depth display. The MetaTrader 4 platform is customizable and user-friendly, with a range of technical indicators, strategy tester, and one-click trading. The MetaTrader 5 platform offers multi-asset trading, advanced strategy tester, netting and hedging modes, and comprehensive analytical tools such as built-in indicators, financial news, and an economic calendar. All platforms are available on desktop, Android, and iOS devices, catering to traders' diverse needs and preferences.

Trading Tools:

cTrader Tools is a collection of features and functionalities available on the cTrader trading platform. Two notable features include:

1. cTrader Mirror: This feature enables social trading, allowing traders to become either strategy providers or investors. Strategy providers can share their trading strategies and allow other traders to copy their trades. Investors, on the other hand, can browse and select strategies to automatically replicate trades in their own accounts.

2. cAlgo: cAlgo is a platform within cTrader that allows users to create custom indicators, trading robots, and other software using the C# programming language. Traders can develop their own tools and automate their trading strategies based on their unique requirements.

PAMM Accounts:

PAMM (Percentage Allocation Management Module) Accounts are investment accounts offered by some brokers. Here are key points regarding PAMM accounts:

1. Manager and Investor Options: PAMM accounts allow clients to participate either as a manager or an investor. Managers are responsible for trading on behalf of investors, while investors provide the funds to be traded.

2. Diversification and Risk Preferences: Investors can choose from various PAMM accounts based on their risk preferences. Each account may have different trading strategies and risk levels, providing options for diversification and accommodating different investor profiles.

3. Performance and Risk: It's important to note that while PAMM accounts offer potential profitability, there is no guarantee of returns. Past performance of PAMM managers is not indicative of future results, and investors should carefully consider the risks involved.

Assets Management:

Assets Management is a service offered by the FIBO Group that allows clients to invest in portfolios managed by experienced asset managers. Here are some key points about this service:

1. Portfolio Options: FIBO Group offers various portfolios to suit different risk preferences and financial goals. Clients can choose from a range of portfolios that align with their investment objectives.

2. Performance-based Fees: Asset managers charge performance-based fees, meaning their compensation is tied to the performance of the portfolio. If the portfolio performs well, the manager receives a higher fee, incentivizing them to strive for positive returns.

Market Sentiment:

Market Sentiment is a feature that provides real-time trade statistics to assist traders in gauging market sentiment. Here are some details:

1. Real-time Trade Statistics: Market Sentiment offers traders access to real-time trade statistics. These statistics are derived from aggregated data obtained from clients' accounts, providing insights into the prevailing market sentiment.

Market Analysis:

FIBO Group's analyst team regularly provides updates on news, events, and fundamental factors that impact the financial markets. Key points about Market Analysis include:

1. Expert Insights: FIBO Group's analyst team shares their analysis and commentary on various financial markets, helping traders stay informed about significant market developments.

Economic Calendar:

The Economic Calendar is a customizable tool that displays important economic events, analysts' forecasts, and historical data. Here's what you should know about it:

1. Event Tracking: The Economic Calendar tracks significant economic events, such as interest rate decisions, GDP releases, and employment reports. It also includes forecasts and historical data for reference.

Trading Signals:

Trading Signals are available on the MT4 and MT5 trading platforms. Here's an overview of this feature:

1. Signal Services: Clients can search for and subscribe to signal services provided by other traders. These signals can be used to receive trade recommendations, helping traders make informed trading decisions.

Deposit & Withdrawal

The deposit method supports SWIFT ( deposit accepting EUR & USD, the commission generally 35 to 50 US dollars, and the transfer time takes 2-5 working days; the withdrawal accepting EUR, USD, BGP & CHF, and the withdrawal fee usually 35 to 50 US dollars.), UnionPay (accepting RMB, no commission, credited immediately after payment is successful), VISA/MASTERCARD (deposit accepting EUR & USD, no commission, credited immediately after payment is successful; withdrawal accepting EUR & USD, and the commission 2.5%+1.5 Euros), RegularPay (accepting EUR and USD, no commissions, through the RegularPay system processing centre to use bank cards to inject funds; withdrawal accepting EUR &USD, with a withdrawal fee of 10 dollars or other equivalent amounts), ZOTAPAY (supporting RMB, no commission for deposits, the payment is processed immediately when the invoice is paid, and the withdrawal with 2.2% commission), Neteller (supporting EUR &USD, no commission), WebMoney (deposits and withdrawals both supporting EUR &USD, a commission of 0.8% is charged, and it will be credited automatically after successful payment). The company also supports a series of cryptocurrency deposits and withdrawals.

Customer Support:

The customer support team at FIBO Group operates from multiple office locations and is available from Monday to Friday. They offer support in up to 12 languages, which is advantageous for non-English speakers. You can easily reach the support team through online instant web chat, email, and dedicated phone lines for different regions. Additionally, the website provides a helpful FAQ section for quick answers to common queries. FIBO Group is also active on various social media platforms, providing additional channels for communication.

Educational Resources:

FIBO Group offers a comprehensive educational resource called the FIBO Group Academy, which caters to both beginner and experienced traders. This shows their commitment to providing traders with the knowledge they need to make informed decisions. The Academy brings together experienced teachers and practicing traders who aim to help participants understand the fundamental principles of financial markets and apply their knowledge effectively.

One of the educational resources provided by FIBO Group is webinars. These video courses are conducted by experienced traders who cover topics such as the basics of forex trading, terminology, and trading instruments in the forex market. The webinars can be accessed online and are available for on-demand viewing in case participants are unable to attend the live sessions.

Additionally, FIBO Group's website features a glossary that contains over 230 trading-related terms and their explanations. This searchable glossary allows traders to familiarize themselves with important trading terms that they may encounter in their trading journey.

Overall, FIBO Group's educational resources serve as valuable tools for traders to enhance their understanding of the financial markets and improve their trading skills.

Summary

FIBO Group is a well-established brokerage firm with a strong reputation in the industry. They provide access to multiple trading platforms, including cTrader, MetaTrader 4, and MetaTrader 5, offering a wide range of trading instruments such as forex, CFDs, and futures. The company offers competitive spreads, flexible leverage options, and various account types to suit different trading preferences. Traders have access to a range of tools and resources, including market analysis, economic calendars, and trading signals, which can help them make informed trading decisions. FIBO Group also offers educational resources through their Academy, including webinars and a comprehensive glossary, to enhance traders' knowledge and skills.

Overall, FIBO Group offers a comprehensive trading experience with its diverse range of platforms, competitive trading conditions, and additional trading tools. The provision of educational resources demonstrates their commitment to supporting traders in their journey.

FAQs:

Q1: What trading platforms does FIBO Group offer？

A1: FIBO Group offers cTrader, MetaTrader 4 (MT4), and MetaTrader 5 (MT5) as trading platforms.

Q2: What is the minimum deposit requirement for opening an account with FIBO Group？

A2: The minimum deposit requirement to open an account with FIBO Group is $100.

Q3: What is the maximum leverage available for trading with FIBO Group？

A3: FIBO Group offers leverage of up to 500:1, allowing traders to control larger positions with a smaller initial investment.

Q4: Does FIBO Group charge commissions on all account types？

A4: No, FIBO Group does not charge commissions on the MT4 Cent and MT4 Fixed account types. However, commissions are charged on the MT4 NDD, cTrader NDD, and MT5 NDD accounts.

Q5: What customer support options are available at FIBO Group？

A5: FIBO Group provides customer support through online live chat, email, and dedicated phone lines. Their support team operates from Monday to Friday and offers assistance in multiple languages.

Frequently Asked Questions (FAQs)