FIBO Broker provides two deposit and withdrawal facility options:
- Bank Wires
FIBO accepts bank transfers in five currencies, Russian Ruble (RUR), EUR, USD, GBP, and CHF. The transfer will take 2-5 days, with a fee depending on what is charged by each bank that you use. The time needed to make a withdrawal from the bank can be longer than the time needed for a deposit because processing on the FIBO side requires an additional time of up to a maximum of 3 days. - E-payment
Apart from Bank Wire and Credit Cards, as is usual for forex brokers, FIBO also accepts e-payments from several providers: Webmoney, QIWI, DIXIPAY, OKPAY, Neteller, and FasaPay. FIBO Broker does not apply a certain commission for deposits or withdrawals. However, you still have to cover the fees requested by the Bank, e-payments, or other facilities that you use for deposits and withdrawals.
Deposit With E-Payment
To use the e-payment facility, you will need the services of a local exchanger to fill in your Dollar balance in the e-payment, before being deposited with the FIBO.
Withdraw Practical Funds With Payoneer
You can make a withdrawal (withdrawal of funds) via bank or e-payment. If you withdraw via e-payment, the exchanger will be ready to help withdraw funds from the e-payment facility used to your local bank account. The process is relatively easy and fast.
However, there is still one more withdrawal path option for those of you who trade at FIBO, namely withdrawals via Payoneer Mastercard.
Payoneer is a unique debit/prepaid card from Mastercard that is based on online transactions. There have been many online businesses connected with Payoneer, including FIBO. To get this card, you can submit a special application in the client's cabinet after you become a client of the FIBO Broker.
The commission discount applied by Payoneer is 2-4USD, with a processing time of around 2 hours-2 working days. If the funds have entered your Payoneer card, then you can use it to withdraw funds at any ATM with the Mastercard logo, very easy and practical.