Market Overview

FIBO Group, being outstanding brokerage company at Forex, unites all people wishing to build a prosperous career in Forex trade, which is so popular nowadays. And you will easily achieve your goals with FIBO Group, if you take into account some company’s rules.
This Forex brokerage company provides the clients with very low lots, which belong to the lowest lots on the financial market. The lowest lot within FIBO Group costs 1,000 units of the major currency. It means that the smallest lot equal to 1% of the Forex standard lot, which, in its turn, equal to 100 000 units of the major currency. If a trader operates with a lot, which varies from 0.01 to 0.09, the holding restricts the number of the currency operations a trader can make. The matter is that a trader has an opportunity to make not more than one trading operation per second. If very important news regarding the international economics and politics are expected to come out, FIBO Group is entitled to cease accepting deferred orders, as well as doesn’t allow changing these orders.

If you are going to produce a graph you have know special rules existing in FIBO Group. Constructing a price chart with the use of MetaTrader 4the highest and the lowest prices will be grounded on a Bid price. The Forex broker determines that the spread of the trading tool is the restriction for minimum distance. The trader can issue the order at it. Pending orders, take-profits and stop-losses refer to these orders. In case that special economic and political news are coming up, including macroeconomic and financial indicators of great international significance, the minimum distance for putting stop-losses can be increased to ten spreads. A specified level of the stop-loss can be raised to 25 spreads if in30 minutes trade will be stopped. All traders have to keep in mind that using MetaTrader 4 terminal it will be impossible to change the stop-losses and take-profits singly. Consequently, the program will block the efforts to adjust a take-profiton conditions that a stop-loss was already fixed.

FIBO Group has also a variety of the marginal demands. All traders are recommended to consider them. By the way, these demands may be increased on weekends or some holidays. The entire range of the requirements is published on the official site of the brokerage company. There is plenty of necessary data regarding starting a Forex account.