Preparations to starting Forex trade include the search of suitable brokerage company that provides advantageous conditions for your financial activity. This is an essentially important component of success on Forex, as your broker is a mediator between you and the market. With its help you are able to trade on much better terms than if you were independent trader. Especially if you use such broker as FIBO Group company.
The range of advantages offered with this international financial holding includes beneficial financial conditions, such as low spreads. The spread for basic currencies is as small as 2 points that is currently the lowest spreads in the world. This means that the company will take minimal commission from your deals. There are about sixty currency pairs to trade with – you are able to choose any of them for your own deals. FIBO Group provides financial statistics for each pair with rates and diagrams updated in real time mode for your Forex trade.
The company supports lots starting from 1,000 units that is only a 1% of standard lot that is 100,000 units. Trading by low units provides less risk to your money, allows spending less on deals. It is excellent for inexperienced traders or people with small amount of savings. FIBO Group is a Forex broker that cares about each client individually, providing free online consultations and proper technical support.
An important characteristic of a broker is a range of leverages it supports. Leverage defines the size of funds you will be able to use for trading. FIBO Group supports leverages from 1:1 to 1:200, that means you will be able to use up to 200 times more than you have in real money. For instance, if you have $300 on your account (minimum deposit required in FIBO), you will be able to make deals with $60,000 at the expense of the company.
The company services clients using Instant Execution technology that allows real-time trading with no delays in data exchange between you and the market. You are able to trade relying on up-to-date financial information that minimizes the risk of mistaken deals that usually happen due to outdated rates or other delays from the market. This will not happen, if you trade from the FIBO Group account.
Taking into account all aforementioned advantages, FIBO Group is considered to be the best broker for beginners. Use its free demo account for proper
Forex education before entering a real market.
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