Introduction
FibonacciEA.com is an online broker that provides access to the global financial markets. The company offers a wide range of products and services, including forex, CFDs, ETFs, indices, commodities, and cryptocurrencies. FibonacciEA.com is a regulated broker with a license from the Cyprus Securities and Exchange Commission (CySEC). The company is also registered with the Financial Conduct Authority (FCA) in the UK. FibonacciEA.com offers its clients a choice of two platforms: the MetaTrader 4 (MT4) platform and the Web Trader platform. Both platforms are available for desktop and mobile devices. In this review, we will take a look at FibonacciEA.com’s regulation, platforms, instruments, and ratings.
What is FibonacciEA.com?
FibonacciEA.com is an online broker that specializes in forex trading. The company offers a variety of platforms and instruments for its clients, as well as a variety of research tools and resources. FibonacciEA.com is regulated by the Cyprus Securities and Exchange Commission (CySEC).
The company was founded in 2014 and is headquartered in Nicosia, Cyprus. FibonacciEA.com has a team of experienced professionals that provides support to its clients 24/5.
Regulatory Bodies
There are three primary regulatory bodies in the Forex industry: the National Futures Association (NFA), the Commodity Futures Trading Commission (CFTC) and the International Organization of Securities Commissions (IOSCO).
The NFA is a nonprofit organization authorized by Congress to provide regulatory oversight of the U.S. futures markets. The CFTC is an independent government agency that regulates commodity futures and options markets in the United States. IOSCO is a global organization of securities regulators with over 200 members from more than 115 jurisdictions.
In order to be a member of one of these regulatory bodies, a Forex broker must meet certain requirements and adhere to strict rules and regulations. These requirements help to ensure that only reputable and reliable brokers are allowed to operate in the market, which ultimately protects traders from fraud and scams.
Platforms Supported by FibonacciEA.com
FibonacciEA.com is a global forex broker that offers its clients the ability to trade on the world’s most popular platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader and WebTrader. The company also provides mobile trading apps for iOS and Android devices, as well as a Fibonacci EA web trader platform for those who prefer to trade directly in their web browser.
In addition to forex, FibonacciEA.com also offers its clients the ability to trade CFDs on a variety of asset classes, including indices, commodities, cryptocurrencies and more. The broker’s CFD offering includes over 50 different instruments, with leverage of up to 1:500 available on some instruments.
FibonacciEA.com is regulated by the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC). The broker is also a member of the Investor Compensation Fund (ICF), which protects retail investors up to €20,000 in the event that the broker becomes insolvent.
Instruments Available on FibonacciEA.com
FibonacciEA.com offers a wide range of instruments for trading, including forex pairs, CFDs, commodities, indices, and cryptocurrencies. There are over 50 forex pairs available to trade, as well as CFDs on popular commodities such as gold and oil. Indices are also available for trading, including the US Dow Jones Industrial Average and the UK’s FTSE 100. For those looking to trade cryptocurrencies, FibonacciEA.com offers BTC/USD and ETH/USD pairs.
FibonacciEA.com Ratings
FibonacciEA.com Ratings
FibonacciEA.com is a forex broker that is owned and operated by an offshore company called Market Solutions Ltd. The broker is not regulated by any financial authority, which is a major red flag. In addition, the broker uses the controversial MetaTrader 4 trading platform, which is known for being highly volatile and risky.
The only positive thing we can say about FibonacciEA.com is that it offers a decent variety of currency pairs and other assets to trade. However, we cannot recommend this broker to anyone due to its lack of regulation and its use of the MetaTrader 4 platform.
Conclusion
All in all, FibonacciEA.com is a reliable and trustworthy forex broker that offers its clients a wide range of features and services. The company is fully regulated and licensed by the Cyprus Securities and Exchange Commission (CySEC), which means that it adheres to strict financial regulations. In addition, the broker provides its clients with access to a wide range of platforms, including the popular MetaTrader 4 platform, as well as a variety of instruments and markets. Overall, we would recommend FibonacciEA.com to any trader looking for a reliable and reputable forex broker.