FIBO offers the MetaTrader 4 Platform, MetaTrader 5 and cTrader.
All trading software that we offer is free of charge. You can download it directly from our website.
Yes, you may open more than one account with us. To open an additional account you should login to your personal client cabinet and click “Open a new trading account”. It is not necessary to submit your ID and utility bill again (unless the details have changed) as we already have these on file.
A lot is the standard unit size of a transaction. 1 lot is 100,000 units of base currency. 0.1 of a lot is 10,000 units of base currency 0.01 of a lot is 1,000 units of base currency (this is the minimum lot size). Base currency is the first one in the currency pair.
The lot increment is 0.01. In other words the smallest lot size available is 0.01, then 0.02, 0.03, 0.04 and so on.
Please see our contract specifications page to view the information about all spreads.
Yes, we allow scalping. We do not have any special policies or restrictions on scalping.
You may close or open a position over the telephone 24 hours a day (Monday to Friday). The dealing desk is available on +43 (1) 253 084 05 83. You will be asked for your MetaTrader login and telephone password for security reasons before your request can be executed.
Swap charges differ from one currency pair to another and are determined by the banks we work with. Swap rates can be found on our website under the “Contracts Specifications” page.
You can keep a position open for as long as you like. Please make sure you have enough margin to maintain your position(s) to avoid getting a margin call or stop-out.
To view your trading history, please login into your MT4 account and press Ctrl+T on your keyboard. Click on the “Account History” tab at the bottom left, right click anywhere on the tab and select ”All History,” “Last 3 months,” “Last Month,” or “Custom period” as you require. You can view your account history from the very first trade. Also you can view the trading history in your personal client cabinet.
You can replenish your account with FIBO Group Ltd via bank wire transfer, bank card or electronic payment systems. Please see our website for more detailed information.
We do not charge any fees or commission for depositing or withdrawing funds. Please note however that the payment processor will impose their charges and the funds will be deposited to your account (or sent to you) after the deduction of all the relevant charges. The details of our bank charges are shown on our website. The fees and commissions charged by the clients’ banks would depend on the financial institutions and the arrangements that the clients have with them.
Yes, you may trade with any Forex Expert Advisor you like.
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