Fibo Group does not offer a sign up bonus to new traders who choose to register for a real account with the broker. Although Fibo Group does offer a referral bonus through its Introducing Broker partnership program. Partners will be compensated for each new client that they refer to Fibo Group.
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 Sign Up Bonus below.
Fibo Group Sign up bonus – 6 key points quick overview:
Fibo Group Sign-up Bonus- Fibo Group Referral Bonus
- Fibo Group Additional broker bonuses, promotions, and rewards
- Fibo Group Pros and Cons
- Conclusion
- Frequently Asked Questions
As a general explanation, a bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.
Fibo Group Sign-up Bonus
Fibo Group does not offer a welcome bonus to new traders who choose to register for a real account with the broker.
This is likely because Fibo Group is restricted from doing so by its European regulator, the Cypress Securities and Exchange Commission (CySEC). EU regulators recently undertook to enact a widespread ban on bonuses to protect traders from incurring unnecessary losses.
As a general explanation, a bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.
Once an account has been opened with a Forex broker, clients will have access to trading of currency pairs, and will therefore have to incur some expense for this trading. The bonus is just a way for the broker to reward the trader’s choice and give all or some of these expenses back to the trader.
New traders should note however that bonuses are not available on demo accounts, though many brokers do offer the opportunity to sign up for a free demo contest, with prizes available.
Fibo Group Referral Bonus
Referral bonuses allow existing traders of a given broker to earn greater rewards through referring a friend to a broker. The trader is compensated by the broker when this referral results in the friend signing up for a real account.
Fibo Group offers a referral bonus through its Introducing Broker partnership program. Partners will be compensated for each new client that they refer to Fibo Group. A Partner’s commission is 1 pip for each complete transaction, depending on the size of trades placed by attracted clients.
Fibo Group Additional broker bonuses, promotions, and rewards
Fibo Group does not offer any additional broker bonus programs and contests for loyal customers. These include trading bonuses, deposit bonuses, and no deposit bonuses.
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 |
| Well-regulated broker | No bonuses available |
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.
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Frequently Asked Questions
Does Fibo Group offer a sign-up bonus?
No. Fibo Group does not offer a sign-up bonus to first-time traders.
Do all Forex brokers offer bonuses?
No, they do not, either by choice or they are restricted from offering bonuses by their regulators.
What is a bonus?
A bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.
Once an account has been opened with a Forex broker, clients will have access to trading of currency pairs, and will therefore have to incur some expense for this trading. The bonus is just a way for the broker to reward the trader’s choice and give all or some of these expenses back to the trader.
Why do some agencies regulate against the offering of bonuses?
Regulatory agencies such as CySEC and the FCA restrict the offering of bonuses to protect investors from the risks of over trading.
How can a bonus benefit my trading?
Depending on the bonus and the conditions attached, it may boost funds available in your account for trading.
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