Registered in	Belize
Regulated by	No effective regulation at this time
Year(s) of establishment	5-10 years
Trading instruments	Cryptocurrencies, precious metals, stock, oil, forex pairs, indices
Minimum Initial Deposit	$1
Maximum Leverage	1:3000
Minimum spread	0.0 pips onwards
Trading platform	MT4
Deposit and withdrawal method	Bank Wire Transfers, Credit/Debit Cards, E-Payments, Cryptocurrencies, Local Payments and superforex money
Customer Service	Email, phone number, WhatsApp, WeChat, telegramInstagram, YouTube, Facebook, twitter, LinkedInFAQ, Callback
Fraud Complaints Exposure	Yes

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 Super Forex

Pros:

• Wide range of trading products and account types to choose from

• High leverage of up to 1:3000

• No additional fees on transactions with your account

• Extensive educational resources available, including videos and seminars

• Multiple channels of customer support, including social media platforms and callback option

• Fast processing time for deposits

Cons:

• Limited regulatory oversight and licensing

• Limited information on the company's history and ownership

• Some account types have high minimum deposits, such as the Profi STP and ECN accounts

• The spreads on some trading products can be higher compared to other brokers

• Withdrawals may take longer to process compared to deposits

• Limited options for trading platforms, only offering the MT4 platform.

What type of broker is Super Forex？

Advantages	Disadvantages
Super Forex offers tight spreads and fast execution due to its Market Making model.	As a counterparty to its clients' trades, Super Forex has a potential conflict of interest that may lead to decisions that are not in the best interest of its clients.

Super Forex 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, Super Forex 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 Super Forex 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 Super Forex or any other MM broker.

General information and regulation of Super Forex

SuperForex is a global forex broker established in 2013 with a mission to provide its clients with top-quality financial services and a wide range of trading instruments. The company is headquartered in Belize. With its client-centric approach, SuperForex offers various account types, flexible trading conditions, a range of trading platforms, a variety of payment options, and a comprehensive set of educational resources to cater to the needs of both novice and experienced traders.

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

Market instruments

Super Forex offers a wide range of trading instruments, including cryptocurrencies, precious metals, stocks, oil, forex pairs, and indices. The availability of multiple asset classes provides traders with diversification opportunities, access to global markets, and the potential for high returns. With access to popular asset classes such as forex pairs and indices, traders can also benefit from high liquidity, which means they can quickly enter and exit positions at the desired price. However, trading multiple asset classes can be complex, may require extensive knowledge and expertise, and may come with higher margin requirements, increasing trading costs. Additionally, as the research and analysis on each asset class may not be as detailed or comprehensive as traders would prefer, traders should conduct their own research and analysis to make informed trading decisions.

Spreads and commissions for trading with Super Forex

Advantages	Disadvantages
Competitive spreads	Unregulated broker
Detailed fee table	Potential hidden fees
Zero commissions	High leverage up to 1:3000
No deposit or withdrawal fees	Lack of negative balance protection

Super Forex offers competitive spreads and provides a detailed fee table that outlines spreads, commissions, SWAPs and lot sizes for various accounts and products. The absence of commissions and deposit/withdrawal fees makes trading cost-effective. However, as an unregulated broker, Super Forex carries a risk of potential hidden fees. Also, the high leverage of up to 1:3000 can be both beneficial and risky, as it can magnify profits and losses. Moreover, the lack of negative balance protection is a disadvantage that can expose traders to significant losses.

Trading accounts available in Super Forex

STP accounts:

Account type	Standard	Swap-Free	No Spread	Micro Cent	Profi STP	Crypto
Minimum deposit	5 USD	5 USD	50 USD	1 USD	500 USD	50 USD
Maximum leverag	1:1000	1:1000	1:1000	1:1000	1:3000	1:10
Swaps	Yes	No	No	Yes	No	No
Spreads	Fixed	Fixed	0	Fixed	from 0.01 pips	Fixed

ECN accounts:

Account type	ECN Standard	ECN Standard-Mini	ECN Swap-Free	ECN Swap-Free Mini	ECN Crypto
Minimum deposit	100 USD	5 USD	100 USD	5 USD	50 USD
Maximum leverage	1:1000	1:1000	1:1000	1:1000	1:10
Swaps	Yes	Yes	No	No	No
Spreads	Floating	Floating	Floating	Floating	Floating

Super Forex offers a variety of account types, ranging from Standard and Micro Cent accounts to more specialized accounts like No Spread and Crypto. The broker also offers ECN accounts with floating spreads for traders looking for a more transparent pricing model. Each account type has its own minimum deposit requirement and maximum leverage, giving traders the flexibility to choose an account that best fits their needs. Additionally, the Swap-Free account option is available for those who require it, and the Profi STP account is specifically designed for professional traders. However, it should be noted that some account types have limited leverage and some have higher spreads compared to others.

Trading platform(s) that Super Forex offers

Advantages	Disadvantages
User-friendly and intuitive interface	Outdated and not as advanced as newer platforms
Flexible and customizable	Limited charting tools compared to other platforms
Large community support with abundant resources	No two-factor authentication for added security
Ability to use expert advisors (EAs)	Limited access to market data and news
Multiple language support	Limited integration with third-party plugins and tools

Super Forex offers its clients the popular MetaTrader 4 (MT4) platform for trading, which has been in use for over a decade and is known for its user-friendly interface and flexible customization options. With MT4, traders have access to advanced charting tools, automated trading through expert advisors (EAs), and a large community of support with abundant resources. However, MT4 has limitations in terms of access to market data and news compared to newer platforms, and it does not offer two-factor authentication for added security. Additionally, while the platform is flexible and customizable, it does have limitations in terms of charting tools compared to other platforms.

Maximum leverage of Super Forex

Advantages	Disadvantages
Potential for higher profits with smaller initial investments	Increased risk of substantial losses
Increased market exposure and flexibility in trading strategies	High leverage can lead to rapid depletion of funds in case of unfavorable market movements
Can provide access to larger positions and more trades	Requires a higher level of experience and risk management skills
Can amplify both profits and losses	Limited availability in certain jurisdictions due to regulatory restrictions

Super Forex offers a very high maximum leverage of up to 1:3000, which can be advantageous for experienced traders looking to amplify their profits and gain greater market exposure with smaller initial investments. However, high leverage also carries a significant amount of risk, as it can lead to substantial losses in a short period of time. This requires traders to possess advanced risk management skills and strategies to mitigate the risks. Additionally, high leverage is not available in all jurisdictions due to regulatory restrictions.

Deposit and Withdrawal: methods and fees

Advantages	Disadvantages
Multiple deposit and withdrawal options	No information on fees charged by payment systems or banks
No additional fees charged by SuperForex on transactions	Processing time for withdrawals may take up to 4 business days
Instant processing time for deposits	Lack of information on withdrawal limits
Availability of local payment options	Limited cryptocurrency options compared to some competitors

SuperForex offers a variety of deposit and withdrawal options to cater to clients' different preferences. One advantage is that the company does not charge any additional fees on transactions with your account. However, there is no information available on the fees charged by payment systems or banks, which may lead to unexpected charges for clients. Processing time for withdrawals may also take up to four business days, which may be longer than some competitors. On the other hand, deposits are processed instantly. SuperForex also offers local payment options, which can be convenient for clients in certain regions. However, the cryptocurrency options are limited compared to some competitors. It would be helpful for SuperForex to provide more information on withdrawal limits to assist clients in planning their transactions.

Educational resources in Super Forex

Advantages	Disadvantages
Comprehensive educational resources available	Limited personal guidance
Variety of resources such as lections, glossary, seminars, and videos	No formal certification
Official YouTube channel available for additional resources	Self-directed learning may not suit all learners
Free of charge for Super Forex clients	No interactive learning tools
Accessible to clients worldwide	Some resources may be more basic than others

Super Forex offers a variety of educational resources for its clients. The company provides comprehensive lections, a glossary, seminars, training centers, educational videos, and other resources to help traders learn more about forex trading. Additionally, Super Forex has an official YouTube channel where clients can access even more videos to supplement their learning. These resources are available free of charge to Super Forex clients, and they are accessible to traders worldwide. However, there are some disadvantages to Super Forex's educational resources. While they are comprehensive, they do not offer personalized guidance, and there is no formal certification process. Additionally, the resources are self-directed, which may not be suitable for all learners, and some of the materials may be more basic than others.

You may also visit their official YouTube channel to watch more videos. Here is a recent video about technical analysis.

Customer service of Super Forex

Advantages	Disadvantages
24/5 customer support available via various channels	No 24/7 customer support
Several social media channels for customer support and engagement	No live chat available on website
FAQ section available on the website for quick self-help	No phone support for some countries
Callback feature available for personalized assistance	No physical office or location available for in-person assistance

Super Forex offers a variety of customer care options for their clients. The company provides 24/5 customer support through various channels, including email, phone, WhatsApp, WeChat, Telegram, and social media platforms such as Instagram, YouTube, Facebook, Twitter, and LinkedIn. The FAQ section on their website is another helpful resource for clients who prefer self-help. Additionally, the callback feature is available for personalized assistance. However, Super Forex does not offer 24/7 customer support and live chat is not available on their website. Furthermore, phone support may not be available for some countries and there is no physical office or location available for in-person assistance.

Conclusion

In conclusion, Super Forex is a reputable and reliable forex broker that offers a wide range of trading instruments and account types to its clients. Its multiple deposit and withdrawal options, as well as its educational resources and customer support channels, make it an attractive option for traders of all levels of experience. The company also stands out with its high leverage of up to 1:3000, which can potentially lead to significant profits. However, traders must be aware of the risks involved in high leverage trading and exercise caution when trading with such high ratios. Overall, Super Forex provides a solid trading environment for traders looking to participate in the forex market.

Frequently asked questions about Super Forex

• Question: What is Super Forex？

• Answer: Super Forex is a global forex broker that provides online currency trading services for both retail and institutional clients worldwide.

• Question: Is Super Forex regulated？

• Answer: No, Super Forex is not regulated.

• Question: What trading platforms does Super Forex offer？

• Answer: Super Forex offers the popular MetaTrader 4 (MT4) trading platform, which is available for both desktop and mobile devices.

• Question: What is the minimum deposit required to open an account with Super Forex？

• Answer: The minimum deposit required to open a Standard account with Super Forex is 5 USD.

• Question: What types of accounts does Super Forex offer？

• Answer: Super Forex offers various types of accounts, including Standard, Swap-Free, No Spread, Micro Cent, Profi STP, Crypto, ECN Standard, ECN Standard-Mini, ECN Swap-Free, ECN Swap-Free Mini, and ECN Crypto accounts.

• Question: What is the maximum leverage offered by Super Forex？

• Answer: Super Forex offers a maximum leverage of up to 1:3000.

• Question: What educational resources are available on the Super Forex website？

• Answer: Super Forex provides a variety of educational resources, including comprehensive lessons, a glossary, seminars, training centers, and educational videos, which are all designed to help traders improve their knowledge and skills in the forex market.

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.

Feature	Detail
Registered Country/Region	The Virgin Islands
Found	1998
Regulation	CYSEC & BaFin
Market Instrument	Forex CFDs, spot metals, cryptocurrencies
Account Type	MT5 NDD, cTrader NDD, MT4 NDD No Commission, MT4 NDD, MT4 Fixed, and MT4 Cent
Demo Account	yes
Maximum Leverage	1:1000
Spread	Vary on the account type
Commission	Vary on the account type
Trading Platform	MT4, MT5, cTrader
Minimum Deposit	$0
Deposit & Withdrawal Method	Bank Wire Transfer, Bank Card or e-payment systems

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.

Pros	Cons
Multiple Trading Platforms	Limited Availability of PAMM Accounts
Competitive Spreads	Limited Customer Support Availability
Flexible Leverage Options
Diverse Account Types
Additional Trading Tools
Educational Resources

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)

Q 1:	At FIBO Group, are there any regional restrictions for traders？
A 1:	Yes. The services of FIBO Group are not provided to residents of the United Kingdom, North Korea and the USA.

Q 2:	Can I have more than one account？
A 2:	Yes, you may open more than one account with FIBO Group. To open an additional account you should log in to your client area and click “Open a new trading account.” It is not necessary to submit your ID and Utility bill again (Unless the details have changed).

Q 3:	Can I trade with an EA (Expert Advisor or robot)？
A 3:	Yes, you may trade with any forex Expert Advisors you like.

Q 4:	What is the minimum deposit for FIBO Group？
A 4:	There is no minimum initial deposit requirement.

Q 5:	Is FIBO Group a good broker for beginners？
A 5:	Yes. FIBO Group is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.