Offshore forex broker Fibo Group said on Wednesday its clients can now make deposit and withdrawal transactions via payment service provider RegularPay.
Transactions via RegularPay are accepted in US dollars (USD). The minimum allowed withdrawal amount is set at $10, while for depositing there is no such limitation.
In addition, Fibo Group also accepts both deposits and withdrawals via wire transfers, credit cards (SafeCharge), and online payment systems WebMoney, Skrill, Qiwi Wallet, Baofoo, DixiPay, OKPay, FasaPay, and Neteller. It also allows withdrawals via Payoneer and deposits via CashU.
Latvia-based RegularPay is a payment and credit card processing service provider. It supports a number of bank cards, such as Visa, MasterCard, AmEx, Diners Club, Discover, CartaSi, JCB, Carte Bleue, Cirrus, and China UnionPay. In May 2014, RegularPay launched solutions designed specifically for forex and binary options brokers, offering them forex merchant accounts with lower fees and charges.
Among the most notable forex brokers to support this payment system is Grand Capital.
Fibo Group was incorporated in the British Virgin Islands (BVI) and holds a license by the Financial Services Commission (FSC), the financial authority in the BVI. It has a sister company, Fibo Group Holdings, which is registered with and regulated by the Cyprus Securities and Exchange Commission (CySEC)
The broker offers trading in forex, spot metals, and contracts for difference (CFDs) via the MetaTrader 4 (MT4), MetaTrade 5 (MT5) and cTrader platforms.
Offices in Austria’s Vienna, Cyprus’ Limassol, Germany’s Munich, Russia’s Moscow, and in Singapore.
Source: Fibo Group