Do not invest more money than you can afford to lose.
Offshore forex broker Fibo Group has made available an option for automated depositing via Skrill e-paymen system, the broker said on Wednesday.
The new service is available to traders whose email address in the Skrill system matches the one they use in the Fibo Group Client Cabinet. Traders can use the system to make instant deposits in USD (as low as $1) at a commission of 3.9% of the transferred amount.
Earlier this month, the broker announced the addition of automated money transfers via Neteller, another online payment service.
Fibo Group clients can also use other payment methods, including bank wire transfers, credit cards (SafeCharge and RegularPay), and other online system, such as WebMoney, Qiwi Wallet, CashU, OKPay, FasaPay, and others.
Skrill is among the most widely-used digital payment methods in the forex trading market. It was set up in 2001 as Moneybookers, but was rebranded in 2010. It allows money transfers in nearly 200 countries and 40 currencies. The company is headquartered in London and has offices in Europe and the US. It is regulated by the UK Financial Conduct Authority (FCA).
Fibo Group Ltd. was incorporated in the British Virgin Islands (BVI) and holds a license by the Financial Services Commission (FSC) of the BVI. It is part of International Financial Holding FIBO Group, which also includes Fibo Group Holdings, an entityregistered with and regulated by the Cyprus Securities and Exchange Commission (CySEC).
The broker operates through offices in Austria’s Vienna, Cyprus’ Limassol, Germany’s Munich, Russia’s Moscow, China’s Shanghai, and in Singapore.