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FIBOGROUP logo

FIBOGROUP

No Regulation
British Virgin Islands
,
Since 1998
Last Updated:
50/100
Overall Score

Trading Conditions

Min Deposit:
USD0.1
Max Leverage:
5000
Account Types
CentStandardECN+2 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

8 methods

Visa

credit card
Instant
Fee:
Free
Fee:
Free

MasterCard

credit card
Instant
Fee:
Free
Fee:
Free

SEPA

bank transfer
2 days
Fee:
Free
Fee:
$35

SWIFT

bank transfer
2 days
Fee:
Free
Fee:
$35

Neteller

e wallet
Instant
Fee:
4.9%
Fee:
Free

Skrill

e wallet
Instant
Fee:
3.9%
Fee:
Free

WebMoney

e wallet
Instant
Fee:
0.8%
Fee:
Free

Bitcoin

crypto
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 51%, 4: Spread 0%, 5: Account Type 48%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
51%Fair
Spread
0%Poor
Account Type
48%Poor
Symbol
0%Poor
No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:FIBO Group, Ltd
Founded:1998
Headquarters:British Virgin Islands
Enterprise Offices:2offices

Customer Support

Phone:
+7 (727) 327-28-78
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down

What FIBOGROUP legally published, but does not want you to read

Wikilix contract reading ·

High contract risk

FIBO Group, Ltd contracts out of the British Virgin Islands, and its hardest terms sit in files most clients never open. It can charge <strong>up to $200 a day</strong> when identity papers are late, and $5 a month on a quiet account until the balance is gone. You get two working days to call a fee wrong before the contract treats it as agreed. Paying in is free. Taking money back out by card costs 6% plus $2.

7Critical clausesClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
19Clauses flaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
19Documents readHow many of the broker’s own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
8.0/10Contract riskHow far this contract goes overall, from 0 to 10. 3 to 5 means real costs a client should know about; 6 to 8 means several clauses put money already earned at risk.
Read the full terms report15 more clauses, each with its wording, clause number and source

Broker Summary

Summary of the broker

Introduction

In the dynamic world of Forex trading, choosing the right broker can make a significant difference in a trader's success. Among the myriad of options available, FIBO Group stands out as a seasoned player with a rich history and a comprehensive suite of services. Established in 1998, FIBO Group has grown into a reputable international Forex and CFD broker, offering a wide range of trading platforms and account types to cater to both novice and experienced traders.

With its headquarters in Vienna, Austria, and a presence in multiple jurisdictions, FIBO Group is recognized for its regulatory compliance and commitment to transparency. This article delves into the various aspects of FIBO Group, from its historical background to its current offerings, regulatory status, and user experience, providing a detailed overview for potential clients and industry observers alike.

Background and History

Founded in 1998, FIBO Group has established itself as one of the pioneers in online Forex trading. Initially focusing on the Russian market, the company quickly expanded its reach globally, setting up offices in strategic locations such as Cyprus, Germany, Kazakhstan, China, and Singapore. This expansion has allowed FIBO Group to cater to a diverse clientele and adapt to the evolving needs of the Forex market.

Operating as a private financial holding company, FIBO Group has maintained its headquarters in Vienna, Austria. Over the years, the company has built a reputation for reliability and innovation, continuously enhancing its platform offerings and trading conditions to meet the demands of modern traders.

Key Features and Offerings

FIBO Group provides a variety of trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as well as cTrader and several advanced platforms like CQG and Sierra Chart. These platforms are designed to accommodate different trading styles and preferences, from beginners to high-volume professional traders.

The broker offers several account types, each tailored to specific trading needs:

  • MT4 Cent: No minimum deposit, leverage up to 1000:1, ideal for beginners.
  • MT4 Fixed: Fixed spreads, leverage up to 200:1.
  • MT4 NDD: No Dealing Desk, low spreads, no commission, suitable for scalpers.
  • MT5 and cTrader: Designed for advanced and high-volume traders.

FIBO Group also offers a wide range of instruments, including Forex pairs, CFDs on indices, commodities, stocks, and futures, providing traders with ample opportunities to diversify their portfolios.

Regulatory Compliance and Licensing

FIBO Group's commitment to regulatory compliance is evident in its licensing across multiple jurisdictions. The company is regulated by several authorities, ensuring a high level of client protection and operational transparency.

Regulator License Number Status
Cyprus Securities and Exchange Commission (CySEC) HE242381 Active
Financial Services Commission (FSC) of the British Virgin Islands Not specified Active
Financial Conduct Authority (FCA) of the UK Not specified Active

Trading Conditions and Platform Technology

FIBO Group offers competitive trading conditions, with variable spreads and high leverage options. The MT4 NDD account, for instance, provides low variable spreads with no commission, making it attractive for scalpers and high-frequency traders.

Account Type Spreads Leverage Minimum Deposit
MT4 Cent Variable Up to 1000:1 No minimum
MT4 Fixed Fixed Up to 200:1 $100 or equivalent
MT4 NDD Low Variable Variable $100 or equivalent

The broker supports both desktop and mobile trading, with MT4 and MT5 mobile apps available for traders who prefer to manage their portfolios on the go. Advanced tools and features, such as NDD technology and PAMM accounts, further enhance the trading experience.

Fee Structure

Understanding the fee structure is crucial for traders to manage their costs effectively. While FIBO Group does not explicitly state deposit fees, it is common for brokers to waive these charges. Withdrawal fees and other charges may vary based on the payment method and jurisdiction.

Fee Type Details
Deposit Fees Typically none, confirm on website
Withdrawal Fees Varies by method and jurisdiction
Inactivity Fees Not specified
Commissions No commission on MT4 NDD; others vary

User Experience and Market Reputation

FIBO Group enjoys a positive reputation among traders, praised for its transparency, regulatory compliance, and diverse platform offerings. With over 25 years of experience, the broker is considered reliable and trustworthy, providing robust client fund protection measures.

However, some users have noted the complexity of the fee structure and account options, which may require careful consideration. Additionally, the broker's educational content and promotional offerings are somewhat limited compared to competitors.

Recent Developments

As of 2024-2025, FIBO Group continues to maintain its regulatory compliance and expand its platform offerings. The company has implemented ongoing updates to margin requirements during weekends and public holidays to manage risk effectively. This proactive approach underscores FIBO Group's commitment to transparency and client protection.

Conclusion

FIBO Group remains a formidable presence in the Forex trading industry, offering a comprehensive range of services and platforms to meet the needs of traders worldwide. With its strong regulatory framework, diverse account types, and advanced trading technology, FIBO Group is well-positioned to continue its legacy of excellence in the years to come.

Regulatory Licenses

Compliance & oversight

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for FIBOGROUP. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
View other brokers

Account Types

Trading account options

5 types
Cent
Cent
Leverage 1:5000 • Commission No commission
Leverage1:5000
CommissionNo commission
Standard
Standard
Min Deposit USD 50 • Leverage 1:5000 • Commission No commission
Min DepositUSD 50
Leverage1:5000
CommissionNo commission
ECN
ECN
Min Deposit USD 50 • Leverage 1:5000 • Commission 0.005% per transaction
Min DepositUSD 50
Leverage1:5000
Commission0.005% per transaction
Zero Spread
ECN
Leverage 1:5000 • Commission Commission applies
Leverage1:5000
CommissionCommission applies
Islamic
Swap-Free
Leverage 1:5000 • Commission Same as underlying account
Leverage1:5000
CommissionSame as underlying account
5
Total Types
4
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

11 methods
Visa
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Withdrawals are processed back to the original card used for deposit
MasterCard
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Withdrawals are processed back to the original card used for deposit
SEPA
Bank Transfer2 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:USD 35
Min:N/A
Max:N/A
Bank fees may apply
SWIFT
Bank Transfer2 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:USD 35
Min:N/A
Max:N/A
Bank fees may apply
8
Free Deposit
11
Instant
4
Crypto

Trading Platforms

Professional trading tools

2 Available
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Global Domains

Worldwide web presence

12 sites
🌐
https://de.fibogroup.com/
Unknown
Active
SSL
🌐
https://it.fibogroup.com/
Unknown
Active
SSL
🌐
https://www.fibogroup.mx/
Unknown
Active
SSL
🌐
https://pt.fibogroup.com/
Unknown
Active
SSL
12
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

4 platform
Scroll to see all 4 platforms

Corporate Network

Enterprise structure & relationships

2 entities

FIBO MARKETS LIMITED

Cyprus
active

Registration

HE242381

Established

2008-11-24

FIBO GROUP, LTD.

British Virgin Islands
active

Registration

549364

Established

2003-06-26

Website snapshots

Comments

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