FIBOGroup Review 2026
Regulation Status
Regulation status not confirmed
28
The exact location of FIBOGroup's headquarters is not publicly disclosed. Without regulatory registration, the company's operational jurisdiction remains unclear.
ECN
6 types
Overview
FIBO Group is a financial services provider established in 1998, offering online trading services in forex, CFDs, commodities, indices, cryptocurrencies, stocks, and ETFs. The company is regulated by the Financial Services Commission (FSC) of the British Virgin Islands under license number SIBA/L/13/1063. FIBO Group operates globally, with offices in Europe, Central Asia, and East Asia, including locations in Almaty and Shanghai.
The broker provides a range of trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, WebTerminal MT4, WebTerminal MT5, cTrader Copy, and FIBO Forex Drive. Trading conditions include a minimum deposit starting from USD 1, leverage up to 1:5000, and competitive spreads. FIBO Group offers various account types, including Islamic accounts, catering to both retail and institutional traders.
Best For
FIBOGroup caters to a diverse range of traders, making it an appealing choice for both beginners and experienced investors alike. With its robust regulatory framework, backed by authorities such as CySEC and FSCA, the broker provides a safe trading environment that is particularly attractive to novice traders seeking to build their skills and confidence in the forex market. FIBOGroup offers a range of account types and leverage options, positioning itself well for high-leverage traders who are looking to maximize their trading potential.
Additionally, the broker's advanced trading platforms and tools can benefit scalpers who require fast execution and flexible trading conditions. The varied market instruments available, including forex, commodities, and cryptocurrencies, ensure that traders of all strategies have ample opportunities to explore different markets. Overall, whether you’re just starting your trading journey or you’re an experienced scalper or high-leverage trader seeking a reliable platform, FIBOGroup provides the resources and regulatory backing to enhance your trading experience.
Pros & Cons
Advantages
- Regulated by reputable authorities such as CySEC and FSCA, providing a level of security to traders.
- Offers a wide range of financial instruments, including forex, stocks, commodities, and cryptocurrencies.
- Provides flexible account types to cater to different trading styles and preferences.
- User-friendly trading platform with advanced trading tools and resources.
- Educational resources and market analysis available for traders of all levels.
Disadvantages
- Lack of information regarding the founding date raises questions about the broker's history and stability.
- Headquarters information is not disclosed, leading to concerns over transparency.
- Spreads may be higher compared to other brokers, which could affect profitability for traders.
- Limited customer support options, potentially leading to delays in issue resolution.
- Negative reviews from some users regarding withdrawal processes and overall customer service experiences.
FIBOGroup is a forex broker that operates under the regulations of reputable authorities, specifically the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSCA) in South Africa. These regulators are known for enforcing stringent compliance standards, which can significantly enhance investor protection. Being regulated by CySEC ensures that FIBOGroup adheres to rules designed to protect client funds, including maintaining segregation of client accounts and securing adequate capital reserves.
CySEC also mandates brokers to participate in the Investor Compensation Fund, which can provide clients with additional coverage in case the broker faces insolvency. Furthermore, oversight by the FSCA adds another layer of security for traders, as this South African authority is tasked with ensuring that financial service providers operate fairly and transparently. Traders can feel confident knowing that both regulatory bodies require FIBOGroup to meet high operational standards.
Overall, the regulatory status of FIBOGroup suggests a commitment to safety and transparency, giving traders a sense of security as they navigate the forex market.
How They Compare
Regulators
Min Deposit
Spreads From
Platforms
Frequently Asked Questions
Visit their website and click the "Open Account" button. You'll need to provide personal information, proof of identity, and proof of address. The process typically takes 5-15 minutes, with verification within 24 hours.
The minimum deposit for this broker is $1 USD.
This broker offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, WebTerminal MT4, WebTerminal MT5, cTrader Copy, FIBO Forex Drive. Each platform has different features suited for different trading styles.
The regulation status for this broker has not been confirmed. We recommend verifying regulatory information directly with the broker.
Country restrictions are not specified. Please check their website to confirm availability in your location.
Support is available via email, live chat, phone. They also support English, French.
Key Facts
Learn to Trade
Master professional trading with accredited courses designed for serious traders.
Score Breakdown
Forex Fundamental Analysis
Understand the macro drivers moving currency markets. Data-driven fundamental analysis for forex traders.
Featured Brokers
AI Chart Analyst
Get instant AI-powered chart analysis. Identify patterns, trends and trade setups in seconds.
Trading Plan Generator
Build a professional, personalised trading plan in minutes.
Trading Diagnostic
Identify weaknesses in your trading approach with our free diagnostic tool.
Trading Cost Calculator
Calculate the true cost of trading across brokers before you commit.
Which Broker Quiz
Answer a few questions and find the broker that best suits your trading style.