FIBO Group Overview
| Website | fibogroup.com |
| Year Founded | 1998 |
| Countries of Registration | British Virgin Islands |
| Website Languages | English, German, Italian, Spanish, Portuguese, Polish, Ukrainian, Persian (Farsi), Indonesian, Chinese, Arabic, Vietnamese, Thai, Malay, Turkish, Russian |
| Regulators | BVIFSC |
| Broker Type | STP, ECN |
| Dealing | A-book |
| Minimum Deposit | $1 |
| Account Currencies | USD, EUR, GLD, BTC, ETH |
| Spread | low |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader |
| Trading Assets | Forex, Commodities, Indices, Cryptocurrencies, CFDs |
Brief look at FIBO Group
FIBO Group is an international financial holding founded in 1998. It offers NDD and fixed-spread accounts on MetaTrader 4, MetaTrader 5, and cTrader, with a choice of cent, fixed, NDD (ECN-style) and crypto CFD accounts. Regulated by FSC BVI, it also supports PAMM and Islamic accounts.
Pros
- Over 25 years of experience and global presence (since 1998)
- Multiple NDD account types with spreads from 0 pips
- Supports MetaTrader 4, MetaTrader 5, and cTrader
- Offers PAMM & Islamic account options
Cons
- Higher minimum deposits for non‑cent accounts
- Limited direct access to stocks and ETFs
- No negative‑balance protection
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FIBO Group Reviews
FIBO Group has been an excellent broker for my forex trading needs. The login process is smooth, and I was able to sign up quickly. Their demo account allowed me to practice before making a minimum deposit. The spreads are competitive, and I appreciate their MT5 platform for trading.
8/15/2023I've been using FIBO Group for a few months now. The account types they offer are flexible, which is great for different trading styles. Their app is user-friendly, and the withdrawal time has been consistent. I also took advantage of their bonus program which helped me boost my trading capital.
9/10/2023Overall, my experience with FIBO Group has been decent. The MT4 platform is reliable, but I found the spreads to be a bit higher than expected at times. Their customer service is responsive, which is a plus. Just make sure to read the review sections carefully before you sign up.
7/25/2023FIBO Group provides a solid trading experience. The leverage options are quite flexible, and I was able to download the trading platforms without any issues. The demo account is a great feature for new traders. The only downside has been the occasional delay in withdrawal time.
10/5/2023I've had a great experience with FIBO Group. They offer a variety of account types, making it easy to find one that suits my trading style. The rebates on certain trades are a nice bonus, and the MT5 platform is top-notch. Highly recommend this broker for anyone serious about trading.
9/30/2023Leave a Review
Is FIBO Group regulated?
| Companies | FIBO Group, Ltd. |
| Countries | British Virgin Islands |
| Regulators | BVIFSC |
| Investor Protection | - |
| Investor Protection Size | - |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
FIBO Group Account Types
| Property | MT4 NDD | cTrader Zero Spread | MT4 Fixed | MT4 Cent | MT4 NDD No Commission |
|---|---|---|---|---|---|
| Min Deposit | $50 | $50 | $50 | $1 | $50 |
| Lot Size | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Spread Type | Floating | Floating | Fixed | Floating | Floating |
| Execution | Market | Market | Instant | Market | Market |
| Min Spread | 0 pips | 0 pips | 2 pips | 0.6 pips | 0.8 pips |
| Fee | $6 per 1 lot | $12 per 1 lot | No | No | No |
| Max Leverage | 1:400 | 1:1000 | 1:200 | 1:3000 | 1:400 |
| Stop Out | 50% | 50% | 20% | 20% | 50% |
| Margin Call | 80% | 80% | 80% | 80% | 80% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
FIBO Group Funding and Fees
| Base currencies | USD, EUR, GLD, BTC, ETH |
| Deposit and withdrawal methods | Bank Transfer, Credit/Debit Card, Skrill, Neteller, Webmoney, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), XRP (XRP) |
| Inactivity fee | Monthly charge of up to $5 |
| Interest on margin | |
| Withdrawal Fee | Variable by payment method |
FIBO Group Trading Platforms and Conditions
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader |
| Execution Speed | 10 ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | low |
FIBO Group Trading Assets
| Currencies | 48 |
| Indices | 8 |
| Stocks | 0 |
| Cryptocurrencies | 13 |
| Bonds | 0 |
| Metals | 5 |
| Energies | 4 |
| Soft Commodities | 4 |
| ETFs | 0 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
FIBO Group Support
| service@fibogroup.com | |
| Phone | +77273272878 |
| Telegram | Telegram |
| YouTube | YouTube |
FIBO Group Alternatives
| Broker | FIBO Group | IC Markets | XTB | XM | Exness | HYCM |
|---|---|---|---|---|---|---|
| Type | STP, ECN | ECN, DMA | MM | MM | MM, STP, ECN | STP |
| Minimum Deposit | $1 | $200 | $1 | $5 | $10 | $100 |
| Regulators | BVIFSC | SFSA, ASIC, CySEC, CMA | BFSC, KNF, AMF, ACPR, FCA, CNMV, DFSA, BaFin | BFSC, CySEC, ASIC, DFSA | FCA, SFSA, FSCA, FSC, BVIFSC, CySEC, CBCS, CMA | FCA, CySEC, CIMA, SVGFSA, DFSA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | xStation | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | low | low | average | low | low | average |
| Leverage | 1:3000 | 1:500 | 1:500 | 1:1000 | 1:2000 | 1:500 |
| Assets | Forex, Commodities, Indices, Cryptocurrencies, CFDs | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities |
Is FIBO Group Right for You?
FIBO Group stands out in the brokerage industry with over 25 years of experience, offering a range of account types including NDD and fixed-spread options. Its support for popular trading platforms like MetaTrader 4, MetaTrader 5, and cTrader, combined with the availability of PAMM and Islamic accounts, caters to diverse trading preferences. Additionally, traders can benefit from spreads starting as low as 0 pips, making it an attractive choice for experienced investors. However, potential clients should be aware of some drawbacks. The minimum deposit requirements for non-cent accounts may be higher than some traders are comfortable with, limiting access for those with smaller capital. Furthermore, FIBO Group offers limited direct access to stocks and ETFs, and the absence of negative-balance protection could pose risks for less experienced traders. Given these factors, FIBO Group is well-suited for seasoned traders seeking a flexible and diverse trading environment. However, beginners or those looking for easier access to stocks and ETFs, or who are concerned about risk management, may want to consider other brokerage options that better align with their needs.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.
