Knowledge Base

1What is Fibiz about?
Fibiz is a financial platform that allows its users to buy short-term digital options based on real-time quotes.
2What is smart trading?
Our unique technology gives you full control over your trades, allowing you to determine your risk/reward profile for every single trade.
3What is a digital option?
A digital option or fixed return option (FRO), is a financial option in which the payoff is either some fixed monetary amount or nothing at all. It is an option whose payout is fixed after the underlying asset exceeds the predetermined threshold or strike price. A digital option depends only on one proposition, which is whether the underlying asset expires in the money at the expiration date and time. If the underlying asset expires in the money, the option is automatically exercised.
4Why do the "EARN" numbers keep changing?
Fibiz offers a unique dynamic pricing model that proposes different prices for the options based on real-time market conditions and trends. However, once you have acquired an option, the price for this option remains fixed until the option expires.
5What is the minimum amount I can buy an option for?
The minimum amount to invest in a single option is $0.20 and the maximum is $100.
6Can I register without depositing funds?
Yes, you can. Fibiz offers a freemium experience where you can learn, train and trade using virtual money before opening a PRO ACCOUNT.
7How much profit can I make?
If the option is closed "in-the-money" (the quote price is higher or lower than the expiration price, depending on the type of the option), you can get up to 1,700% according to the profit specified in the option when you acquired it.
8What is expiration time?
The expiration time is the date and time at which the option expires.
9What is option value?
The Option value is the price at which a trader acquires an option.
10What is the expiration price?
The expiration price is the price of the asset at the expiration time specified in the option.
11Can I invest in several options simultaneously?
Yes. Fibiz offers multi options trading without limitations for enabling different strategies and for maximum FUN.
12If an option expiring price strikes the line- did I win?
Yes. If the option price at the expiration time strikes the line you win!
13Does Fibiz accept real money deposits?
Of course we do. However, we urge you to deposit real money only after you have familiarized yourself with the product, read all terms and conditions and practiced using virtual money.
14What is the minimum deposit amount?
The minimum deposit amount is $10.
15How long does it take to withdraw funds?
Generally, withdrawal requests are processed within 3 business days. After the request is processed, it takes an average of 2 to 9 business days to transfer money to your account, depending on the payment method.
16Can I trade on weekends?
On weekends we provide an OTC feed (over the counter) for several assets.
17What is the minimum withdrawal amount?
The minimum withdrawal amount is $10.