Brokers News

Fibo Group to offer digital currency CFDs

Jul 17 2017
By Jonathan Smith , Find me on Google+

Cyprus-regulated forex broker Fibo Group announced it is launching CFDs on the popular digital currencies Bitcoin, Ethereum, LiteCoin, Ethereum Classic, DASH, Zcash and Monero.

The new instruments will be available for trading from July 24 on the MT4 NDD No Commission accounts. The typical spreads on the instruments vary from 50 on Ethereum Classic to 2500 on Bitcoin and there is no commission. The maximum volume per one transaction for most of the cryptocurrency CFDs is 1000 lots, where 1 lot=1 coin. For Bitcoin CFDs the maximum transaction volume is smaller – 100 lots.

For those who wish to try their hand at trading cryptocurrency CFDs without risk, Fibo Group offers demo accounts with the same trading conditions as the live ones.

Fibo Group will also add for analysis purposes information and rates about the cryptocurrencies XEM, BTS, EOS, WAVES, STEEM, GNT, GNO, SC, BCN, DOGE, REP, LSK, XLM, GBYTE, FCT, MAID, USDT, GAME, DCR, ARDR, SNT, KMD, DGD, PIVX, DGB, NXT.

Financial Holding FIBO Group (Financial Intermarket Brokerage Online Group) has licenses from the offshore Financial Services Commission (FSC BVI) and the Cyprus Securities and Exchange Commission, as FIBO Group Holdings Ltd.

The broker offers trading on MetaTrader 4 and 5 and cTrader. The maximum leverage is 1:400. The instrument portfolio consists of over 40 forex pairs and CFDs on various instruments.

Fibo Group is the latest forex broker to turn its attention to the increasingly popular digital currencies and to start offering some type of instruments involving them. Others that did so recently are Alpari, Swissquote, eToro, Admiral Markets, LiteForex, etc.

TAGS: fibo group bitcoin

More news about FIBO

Fibo Group hikes 4-fold leverage on cTrader NDD accounts Jun 30 2017 14:22:01
FIBO Group launches web version of MT4 Apr 24 2017 13:07:09
Fibo Group launches trading account with gold as a base currency Feb 17 2017 09:38:07
ASIC pushes FIBO Group and XM.com out of the Australian forex market Aug 27 2015 14:45:58
FIBO Group Beefs up License from British Virgin Islands' FSC Feb 07 2014 08:34:58

Broker	Advantages
	FXTM is a EU regulated forex broker, offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $1 and take advantage of tight fixed and variable spreads, 1:1000 leverage and swap-free accounts.
	easyMarkets is a CySEC and ASIC regulated broker offering access to over 300 trading instruments, tight fixed spreads, no slippage and a 50% deposit bonus.
	HY Markets is global forex broker with more than 30 years of operational experience, regulated by FCA in the UK. Trade Forex with spreads as low as 1.8 pip
	XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
	FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
	FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
	FBS is a broker with cool marketing and promotions. It runs an ongoing monthly $999 forex contest, offers a $5 no-deposit bonus for anyone willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
	FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

	Grand Capital is a MT4 forex broker, offering $500 no deposit bonus and 40% bonus on all deposits.

Broker	Country	Regulation	Platform	Min Deposit	Review
	Cyprus	CySec, FCA	MT4, MT5, Web	$5	Review Website
	Cyprus, Australia	CySec, ASIC	MT4, Web, Mobile app	$100	Review Website
	UK, Cyprus, Hong Kong	FCA, CySEC, SFC	MT4, Web, PrimeTrader	$100	Review Website
	UK, Cyprus, Australia	FCA, CySec, ASIC	MT4, MT5	$5	Review Website
	UK, Australia	FCA, ASIC	MT4, Trading Station, NinjaTrader	$50	Review Website
	UK, Cyprus, UAE, South Africa	FCA, CySEC, DFSA, FSB	MT4, MT5, FxPro Markets, cTrader	$100	Review Website
	Cyprus	CySEC	MT4, MT5, Web	$1	Review Website
	Belize	IFSC	MT4, MT5	$100	Review Website
	Australia	ASIC	MT4, MT5, IRESSTrader	$200	Review Website
	Seychelles	FinaCom	MT4, Web	$10	Review Website

More Forex Brokers News

FXTM launches MT5 trading for Pro account holders

Apr 11 2018 10:02:35

Global forex broker FXTM announced that trading on MetaTrader 5 (MT5) is now also available for Pro account holders. Previously, only its clients with regular ECN accounts had this opportunity. Read more

FBS's client base reaches 7 million

Apr 02 2018 12:51:01

Leading Forex and CFD broker FBS reported that the total number of its clients reached 7 000 000 on 21st of March, 2018. The anniversary client, Mr. Abdelrashed Eldamerdash Hamed Elsayed from Egypt, got a special gift from the broker. Read more

FBS adds DAX30 to its CFD lineup

Apr 02 2018 12:23:24

Forex and CFD broker FBS launched trading in one of the most important indices, the German DAX 30 last month. This is a blue chip stock market index, which represents Germany’s 30 largest and most liquid companies on the Frankfurt Exchange - BMW, Adidas, Siemens, etc. Read more

Dukascopy launches live trading on BTC/USD

Mar 26 2018 13:52:57

Dukascopy Bank, which also owns a brokerage of the same name, announced it is launching live trading on CFDs on the BTC/USD pair, with a leverage of up to 1:3. The clients will be able to trade on both rising and falling markets – same as Forex trading and have hedging possibilities. Read more

Bittrex delists 82 altcoins from platform

Mar 21 2018 15:01:42

Bittrex, a major US-based crypto- and altcoin trading platform, announced it is delisting 82 altcoins from its platform by the end of March. Read more

Swissquote expands crypto portfolio with multi-crypto certificate on SIX Swiss Exchange

Mar 19 2018 14:48:16

Swissquote, the major Swiss financial online services provider and owner of the forex broker of the same name, announced it is launching the first multi-cryptocurrency certificate trade on the SIX Swiss Exchange. Read more

easyMarkets honored as “Best APAC Broker" at ADVFN awards

Mar 19 2018 13:47:39

Global forex brokerage easyMarkets has once again been recognized by the financial services community. It won as the best broker for Asia-Pacific region at the fourth annual ADVFN International Financial Awards. Read more

CMC adds Bitcoin, Ether CFDs, spread betting to portfolio

Mar 16 2018 14:51:21

CMC Markets, a major global forex and CFD broker, has finally joined the ranks of regulated forex brokers that offer CFDs on cryptocurrencies and will offer such products and spread betting on the two largest cryptocurrencies by market cap – Bitcoin and Ether. Read more

Coinbase gets e-money license from UK’s FCA

Mar 14 2018 14:52:48

Coinbase, one of the largest and most popular cryptocurrency exchanges in the US and Europe, announced it has obtained an e-money license from UK’s financial markets and services regulator, the Financial Conduct Authority (FCA). Read more

ThinkMarkets to launch P2P trading blockchain platform, ICO – media

Mar 12 2018 14:34:36

The forex and CFD broker ThinkMarkets announced it is planning to launch TradeConnect – a blockchain based multi asset trading network and a native token ThinkCoin (TCO), reports LeapRate. Read more