How has FiboGroup been so far? Is it still recommended in 2020? Has it been safe and without significant issues, especially during withdrawals?
@Burhan: Judging from the regulations, broker FIBO appears less convincing because it only holds a license from the FSC British Virgin Island. However, its trading facilities are very diverse, ranging from Cent MT4 accounts that do not require large capital, to cTrader accounts that can be relied upon by ECN traders. The range of trading instruments is also quite complete, including popular major currencies, indices, metal commodities, and crypto.
So far, there have been no complaints about FiboGroup broker regarding mechanisms, deposits and withdrawals. It can still be recommended for beginner traders with small capital.
However, if you want a more secure broker, please use a broker that is already regulated by an internationally credible regulatory body, namely: CFTC, NFA, FCA, FSA, FINMA, MiFID, ASIC and FMA.
A credible regulatory body is one that has been tested and is internationally recognized, and imposes strict sanctions on brokers if they violate agreed-upon terms. The regulatory body is also responsible for the security of client funds.