December 2024 – FIBO Group, a leading global provider of online trading services, is pleased to announce the launch of its new “No Fee Deposit” promotion, designed to benefit both novice and experienced traders. As part of the company’s commitment to enhancing customer experience, FIBO Group will now cover all fees associated with deposits made to trading accounts, regardless of the payment method.
Zero Deposit Fees Across All Payment Methods
Under the new initiative, clients who deposit funds into their trading or investment accounts will not incur any additional charges. FIBO Group will fully reimburse any fees charged by payment systems, ensuring that the full deposit amount reaches the client’s trading account.
For example, if a client deposits $1,000 USD into their account but faces a 6% fee (approximately $60 USD) from the payment processor, FIBO Group will refund this fee, guaranteeing that the client’s account is credited with the entire $1,000 USD.
Supported Deposit Methods
The “No Fee Deposit” promotion applies to a wide range of deposit methods, making it easy for traders to fund their accounts in the most convenient way possible. FIBO Group covers fees for:
- Bank Transfers (EUR, USD): No fees for deposits, with a processing time of 2-5 business days. For deposits over $1,000 USD, the company compensates up to $30 USD in bank fees.
- Online Payment Systems: 100% fee reimbursement for popular systems like NETELLER, Skrill, and Fasapay, ensuring quick and fee-free transfers.
- Cryptocurrency Deposits: FIBO Group also offers fee-free deposits through BITPAY for popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), with instant processing once the payment clears. However, the blockchain network transaction fees are not covered by the company.
The promotion applies to all deposit amounts, regardless of size, and covers all supported payment systems.
How It Works
Here’s an example of how the “No Fee Deposit” promotion works:
- Client Action: A client deposits $1,000 USD into their trading account via a payment system that charges a 6% fee (approximately $60 USD).
- Fee Imposition: The payment system deducts $60 USD, leaving only $940 USD in the client’s account.
- FIBO Group’s Refund: FIBO Group will refund the full $60 USD fee to the client, ensuring the entire $1,000 USD deposit is credited to the trading account.
Additional Terms and Conditions
- Bank Transfers: FIBO Group will reimburse up to $30 USD in bank fees for deposits over $1,000 USD.
- Cryptocurrency Transactions: While FIBO Group covers the deposit fees for cryptocurrency payments, users are responsible for any blockchain network transaction fees.
- Withdrawal Conditions: Clients must withdraw funds in the same currency and by the same method used for deposit, as per regulatory requirements for non-trading (financial) transactions.
- Abuse Prevention: The company reserves the right to cancel compensation or refuse refunds in cases where abusive behavior is detected related to the promotion.
About FIBO Group
FIBO Group is a global brokerage offering high-quality online trading services in Forex, CFDs, and other financial instruments. With a strong commitment to transparency, security, and customer satisfaction, FIBO Group provides traders with competitive trading conditions, advanced trading platforms, and a wide range of payment options. The company continues to innovate and expand its offerings, providing clients with more efficient and cost-effective ways to trade and invest.
