Traditionally, we can see FX experts make conclusions at the end of each year. Those conclusions mainly concern FX brokers and other companies operating in the international trading industry for years. Those conclusions help them define the existing trends and follow them while seeking to work with the best representatives of the FX industry – major banks, corporations, brokers and other global players.
Apparently, they are the game changers and those who set the ruse we all play by. That’s why it’s so important to know the rules and play with the best to get a competitive edge, especially as Forex is the world’s biggest market with trillions of dollars circulating every day. Apparently, it attracts thousands of new players every day, from beginners with a couple of bucks in their pockets to big international corporations and banks. The amount of players has been growing ever since the market came into existence, and it’s getting more and more sophisticated, which is why it’s so important to work with the best companies.
Experts say, 75% of your trading success depends on the broker you choose
When analyzing the trading stats provided by successful traders from Ukraine, Eugene Olkhovsky, who is an expert in financial markets from Canada and CEO of EUTA Capital, found out an interesting fact, which says that most of those traders who achieved really stunning trading results in 2016 had been trading with FIBO Group.
Market stats show that the amount of those market participants who succeed in trading currencies for profits on a regular basis doesn’t exceed 7%. This means that the remaining 93% is losing money at some point. The losers either lack expertise, or gamble instead of trading Forex professionally. However, the biggest amount of those who lose money in financial markets is all about going with dishonest brokers or scams.
Even if you are the best trader in the world, there is no chance you can succeed with a scam or a dishonest broker playing dirty tricks on you every single trading day. This is the reason why experts say that choosing the right broker makes up to 75% of success.
The question is, how to choose the right broker? First of all, we have to be focused on those factors that show the brokers commitment to play by the rules and approach the business the client-oriented way. Simply put, if the broker’s managers are aware that they can succeed only if they let the client succeed first, that’s the broker you should be looking for since this is the only kind of brokers really committed to make everything required to back the client’s success over the long term.
FIBO Group – Ukraine's Best FX Broker 2016
FIBO Group is exactly one of the few brokers out there complying with the mentioned requirements. The company has been following the path since 1998 when it was created. That’s a lot of expertise, Actually, the company will celebrate 20 years next year.
Over the period, FIBO Group has evolved into a truly international FX broker with excellent reputation and a big international army of loyal traders. The company offers exclusive trading and investing solutions, as well as unrivaled education services capable of turning rookies into successful market experts.
There is nothing surprising about the fact that FIBO Group has a lot of prestigious awards under their belt, including those won at Moscow Forex Expo and MasterForex-V Expo. In both cases, the company was recognized the best by both retail traders and experts. As for MasterForex-V Expo, the project has been updating the local rating on a monthly basis (by the way, the rating is unbiased and based on 23 independent criteria), and FIBO Group has been leading the rating for a couple of years. On top of that, FIBO Group has been recognized Ukraine’s best FX broker for a couple of years in a row.
FIBO Group experts help beginners to get started by giving them the right theory and guiding them down the right track when putting the theory into practice. Those who get the expert assistance later testify that the experts do share with them priceless tips and tricks when it comes to trading styles and other related info based on the trader’s individuality. They also provide the traders with up-to-date data for technical and fundamental analysis and help them build their custom trading strategies with diversification and sound risk management.
By the way, those experts who belong to Masterforex-V Academy has been watching FIBO Group for a couple of years. Over the period, they have performed a number of tests by opening live accounts, trading and investing money in PAMM accounts. The results have been positive.
They also visited a couple of events arranged in Ukraine and talked to the company’s experts on various important topics related to trading. Since most of those who vote for brokers cast their votes for FIBO Group, it’s not accidental that FIBO Group was recognized Ukraine’s best FX broker in 2016.
By the way, FIBO Group won the same title in 2015. This indicates stability, which is a very important thing to consider when choosing an FX broker.
Why did they choose FIBO Group as Ukraine’s best FX broker in 2016?
The company was tested by both experts and thousands of retail traders. The feedback exceeded expectations. Those who tested the broker were pleasantly surprised by the quality of services. By the way this quality is backed by several licensed. This means that FIBO Group is regulated by several respected financial authorities.
At the same time, FIBO Group deserves respect because despite offering some of the best trading conditions out there, the company never stops improving and growing. In 2016, FIBO Group launched a number of interesting products and services, which helped the company to enjoy even greater respect from the international community of traders and investors. The company made trading conditions even more beneficial, and launched a couple of new services related to investing, auto-copying, trust management, not to mention FIBOX, a beginner trading package, which includes a trading course backed by a certificate of the local academy, as well as the trading robot and a $100 account to start trading for money.
At the same time, the company’s best experts arranged a number of offline seminar and online webinars to share the best trading techniques and approaches with the audience.
The company also improved the trading software, launched an unprecedented interactive training and chatting within the scope of YouTrade.TV, which is an online video source of traders, not to mention sponsoring a number of sports events.
The bottom line is that FIBO Group can really become a new home of both beginners and advanced traders seeking stability and excellent trading conditions backed by licenses and spotless reputation.
