FIBO Group Rebates

FIBO Group Rebate

Rebates / Cashback
Fixed Floating MT5 NDD cTrader
0.45 Pips/Round Turn Lot 19.5% of Spread 18.75% of Commissions 18.75% of Commissions

Notes
CFD commission is $2.25 per lot.
Please avoid churning as it is not accepted by brokers. If you simply wish to generate rebates for your account without actually trading, please don't, as such rebates will be voided by the broker.


What is FIBO Group Cashback?

Forex rebates (or cashback) is cash you get back (ie cash-back) for each trade you make. Just like with any cashback, you get paid back for performing your regular transactions with the service (a forex broker in our case) and get paid back part of the cost you’re being charged by FIBO Group.

Important to note that each broker has different cashback rates for account types and instruments. 

For example, you can receive a cashback of 0.5 pip for each EURUSD trade but no cashback for GOLD trades. Moreover, each broker has different rebates payment terms, such as payment timing (trade open/close, end of month) or trading requirements (minimal trade duration).

PAYBACKFX provides real-time reports of each of your cashback (when possible) so you can be rest assured that each and every rebate you should receive is paid to your account. 

FIBO Group forex rebate is a must for any forex trader since it increases your profitability and cuts down costs, and unlike some of our competitors, your trading terms such as the spreads or commissions you pay never change.


How FIBO Group cashback works?

When we refer you to FIBO Group to open a new trading account or link an existing trading account under our referrer (when possible), the FIBO Group pays us a commission which is mostly paid back to you in the from of cashback.


How much FIBO Group cashback can I earn?

FIBO Group cashback will depend much on your trading volume, the larger the volume the more cashback you will receive.

Below you can use our FIBO Group cashback calculator to estimate the monthly or yearly cashback

FIBO Group cashback calculator

Monthly Profit: 0$
Yearly Profit: 0$


How FIBO Group cashback is paid?

Your FIBO Group cashback is reported in real-time in your dashboard and the cashback is usually released a few days after the end of the month which is when we collect your cashback from FIBO Group.

The cashback can be then withdrawn with the available options in the withdrawal page.


Is it the best FIBO Group cashback?

PAYBACKFX provides you the best FIBO Group cashback service, starting from the cashback level and down to customer service. In case of any issues arise, we are always here to help and can even step in and help with any issues you may have with FIBO Group.

Broker Name FIBO Group
Broker type Market Maker   NDD  
Country British Virgin Islands
Operating since year 1998
Number of employees 100
International offices Austria , Cyprus , Germany , Kazakhstan , Russia , Singapore , Ukraine
Regulation FSC (British Virgin Islands)
Address Agias Fylaxeos, 182, Office 103, Business Center “Kofteros” Limassol, Cyprus 3083
Broker status Broker   
Accepting US clients? No
Account currency USD, GBP, EUR, CHF, RUB
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, Western Union, WebMoney, Neteller, Skrill, Okpay
Swap free accounts Yes
Segregated accounts Yes
Interest on margin Yes
Managed accounts Yes
Accounts for money managers (MAM, PAMM) Yes
Phone +357 25 105 641
Fax +357 25 105 642
Email service@fibogroup.com
Languages English, Spanish, German, Russian, Chinese, Arabic, Farsi
Availability Phone, Chat, Email, FAX
Trading Platforms MetaTrader 4, MetaTrader 5, cTrader
Trading platform(s) timezone (GMT +2:00) South Africa, Jerusalem
Demo Account Yes   Demo account is expiring in 60 Days
Mobile trading Yes
Web based trading Yes
API No
OCO orders No
Trading over the phone Yes
Hedging allowed Yes
Trailing stops Yes
One click trading Yes
Bonuses Yes
Contests Yes
Other trading instruments Stocks, Options, Futures, Indices, Commodities, CFDs
Minimum deposit($) 300.0
Maximal leverage(1:?) 400
Minimum lot Size 0.01
Maximum lot Size 200.0
Commission 0.0
NDD No Commision
Spread Variable
Decimals 5 decimals
Scalping allowed Yes