Millions of people worldwide earn money on Forex market by selling and buying different currencies and making profits from the difference between buy and sell rates. If you are sure this is your way in business, there are no problems to try yourself in trading online. You will need to contract with a brokerage firm that is interested in your own prosperity.
One of such brokerage companies is FIBO Group. Trade on Forex market is one of company’s main directions of activity. The company is highly interested in you as a new trader on its platform and offers very beneficial conditions for partnering.
First of all, the company has decreased spreads for 2+ points for the main currencies. This means that FIBO Group takes reasonable price for being your mediator at trade on Forex market. Spread is what a broker earns money at. When viewing currency pairs rates, you see the Bid and Ask prices. A trader can sell its basic currency at Bid price and buy it at Ask price. These prices are represented in the second currency in pair. The difference between Bid and Ask prices is spread – a profit of broker.
FIBO Group, offering low spreads of up to 2 points meets your halfway, not asking much for its brokerage services. Only several Forex brokers provide the same conditions, but in combinations with other advantages, FIBO Group is considered to be more efficient helper on Forex market than other companies of the same type.
For starting your own trade on Forex you need only 300 USD or equivalent as initial deposit. However, with the leverage of 1:1 up to 1:200 you will be able to operate with huge amounts of money, having only 0.5% part on your own account. The rest of required sum will be provided by your thorough broker.
You are free to open accounts in a few currencies like USD, EUR, GBR and CHF with no need to prepare the full set of documents for each account separately. All you need is to provide FIBO Group consultant is your ID copy, the rest of documents will be prepared by them. You will be sent an original of the agreement. FIBO Group values the time of its clients and tries maximally assist in all arrangement issues.
You are also offered free training account. You can apply for it to get used to MetaTrader 4 platform before starting a ‘real game’. Highly reliable Forex software, round-the-clock information support, financial reports and live statistics – all this is yours with FIBO Group.
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