FIBO Group has a Minimum deposit of $50/R800. Fibo Group does charge some deposit fees, which consist of bank transfers between $35-50, though most other deposit methods are free. Withdrawal fees start from 0.5%.
Fibo Group at a glance
| Broker's Name | Fibo Group |
| 📍 Headquartered | Limassol, Cypress |
| 📅 Year Founded | 1998 |
| ⚖️ Regulating Authorities | CySEC, FSC BVI |
| 🌐 Countries not accepted for trade | United States, Canada, Australia, Korea, Iran, Iraq, Israel, Japan, Belgium |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | Yes |
| 🚀 Sign up bonus | No |
| 📈 Maximum Leverage | 1:1000 |
| 💰 Minimum Deposit | $50/R800 |
| 💳 Deposit Options | Bank wire transfer Credit and debit cards Neteller Skrill Webmoney FasaPay PayZ Paysafe Card PerfectMoney Raido Finance Bitpay Blockchain Raido Spare |
| 💳 Withdrawal Options | Bank wire transfer Credit and debit cards Neteller Skrill Webmoney FasaPay PayZ Paysafe Card PerfectMoney Raido Finance Bitpay Blockchain Raido Spare |
| 💻 Platform Types | MetaTrader 4, MetaTrader 5, cTrader |
| 📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 📈 Tradable assets offered | Forex, shares, commodities, indices, metals, and energy |
| 👨💼 Languages supported on Website | English, Spanish, Italian, Portuguese, Polish, Indonesian, Vietnamese and more |
| 👥 Customer Support Languages | English, Spanish, Italian, Portuguese, Polish, Indonesian, Vietnamese and more |
| 📆 Customer Service Hours | 24/5 |
| 👉 Open a account | 👉 Click Here |
Min Deposit
USD 50
Regulators
CySEC, FSC BVI
Trading Platform
MT4, MT5, cTrader
Crypto
Yes
Total Pairs
38
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our FIBO Group Minimum Deposit below.
Fibo Group Minimum deposit – 6 key points quick overview:
Fibo Group Minimum Deposit- Fibo Group Deposit fees and deposit methods
- Step by step guide to deposit the minimum amount
- Fibo Group Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is our overview of the FIBO Group Minimum deposit as well as the pros and cons as well as features that are offered to traders.
Fibo Group Minimum Deposit
The minimum deposit amount required to open a broker account with Fibo Group is $50. This is a low minimum deposit when compared to most other brokers in the industry.
However, the minimum deposit requirement will increase depending on the account type you wish to open, with higher deposits required to open accounts with more enhanced trading conditions.
Fibo Group Deposit fees and deposit methods
Fibo Group provides a very wide variety of popular deposit methods, which consist of the following:
| 💳 Bank wire transfer |
| 💰 Credit and debit cards |
| 💳 Neteller |
| 💰 Skrill |
| 💳 Webmoney |
| 💰 FasaPay |
| 💳 PayZ |
| 💰 Paysafe Card |
| 💳 PerfectMoney |
| 💰 Raido Finance |
| 💳 Bitpay |
| 💰 Blockchain |
| 💳 Raido Spare |
In terms of deposit security, FIBO Group Holdings Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 118/10. FIBO Group is a member of the Investor Compensation Fund, which can cover up to €20,000 per client.
FIBO Group Ltd is also regulated by the Financial Services Commission (FSC) in the British Virgin Islands, under license number SIBA/L/13/1063. This is sound regulation that ensures Fibo Group follows best practices when it comes to storing client funds securely in segregated accounts, to prevent any financial misappropriation.
With regards to deposit currencies, Fibo Group accepts only two types of fiat currencies, namely USD and EUR, and a greater variety of cryptocurrencies, including BTC, ETH and XRP. Therefore, clients wishing to deposit in smaller currencies like ZAR/Rand will most likely incur conversion fees on these transactions.
Fibo Group does charge some deposit fees, which consist of bank transfers between $35-50, though most other deposit methods are free. Withdrawal fees start from 0.5%.
Step by step guide to deposit the minimum amount
Depositing into your account with Fibo Group consists of the following steps:
Step 1 – Log into your account
Log into the accounts area on the broker’s website.
Step 2 – Select the option to Deposit
Select the option to deposit funds on your dashboard.
Step 3 – Select a deposit method
Select your preferred deposit method.
Min Deposit
USD 50
Regulators
CySEC, FSC BVI
Trading Platform
MT4, MT5, cTrader
Crypto
Yes
Total Pairs
38
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Fibo Group Pros and Cons
| ✔️ Pros | ❌ Cons |
| Low minimum deposit | Deposit and withdrawal fees are charged |
| Wide variety of deposit methods |
Conclusion
Fibo Group is a well-regulated and broad-reaching Forex broker that offers an attractive partnership programme for Introducing Brokers. However, Fibo Group does not offer any additional bonuses or promotions.
FIBO Group has a Minimum deposit of $50/R800. Fibo Group does charge some deposit fees, which consist of bank transfers between $35-50, though most other deposit methods are free. Withdrawal fees start from 0.5%.
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Frequently Asked Questions
Are my deposits safe with Fibo Group?
Sound regulation by CySEC and membership of the Investor Compensation Fund ensures Fibo Group follows best practices in storing clients’ funds securely in segregated accounts.
How long does it take to make a withdrawal?
Processing times range from a few minutes for some e-payment systems, up to a few days for bank transfers and some credit card payment systems.
What is the minimum deposit for Fibo Group?
The minimum deposit amount required to open a broker account with Fibo Group is $50 / ZAR 755,56 at time of writing.
However, the minimum deposit requirement will increase depending on the account type you wish to open, with higher deposits required to open accounts with more enhanced trading conditions.
How do I make a deposit and withdrawal with Fibo Group?
Fibo Group provides a very wide variety of popular deposit methods, which consist of the following:
- Bank wire transfer
- Credit and debit cards
- Neteller
- Skrill
- Webmoney
- FasaPay
- PayZ
- Paysafe Card
- PerfectMoney
- Raido Finance
- Bitpay
- Blockchain
- Raido Spare
Does Fibo Group charge withdrawal fees?
Yes. Withdrawal fees start from 0.5%.
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