FIBO Group Review Summary
FIBO Group Review Highlights
Pros & Cons
- Very wide shars offer
- Efficient distribution
- Segregated client funds
- Founded in 1998
- Regulatory authority for financial actions
- Min deposit of EUR 300
- Not a lot of education material
- No mutual exchange
- Does not sell VPS
- Small set of devices
- Not governed by the ASIC
What’s FIBO Group?
International Financial Holding FIBO Group (Financial Intermarket Brokerage Online Group) is one of the most experienced brokers in internet trading, with a history that dates back to 1998. From the first day of operation, the broker has always adhered to the standards of open operations, in strict compliance with the law as regards to the security of interests.
The FIBO Group Company was founded in the BVI and the headquarters are still located there, but the broker enhanced its offering thanks to another entity located in Cyprus, comprising of renown European regulatory authorization and the chance to invest in a safe manner. In addition, FIBO’s worldwide coverage includes high-quality assistance from Vienna, Limassol, Shanghai, Singapore, Zurich, Kiev and Astana offices.
Is FIBO Group secure or is it a scam?
FONTEN CORPORATION LIMITED is a licensed financial services and business firm and is a subsidiary of FIBO Group, Ltd., controlled by the Financial Services Commission, British Virgin Islands. In reality, BVI is offshore with relatively low regulatory requirements and standards for financial firms.
Nevertheless, the additional entity FIBO Group Holdings, Ltd is a company registered in the Republic of Cyprus and approved by the Cyprus Securities and Exchange Commission (CySEC) to provide its services to EU citizens and others.
It is in line with European Regulation, which goes in tandem with the offshore registration of the FIBO Group – we find the broker a secure investing option.
Overall, the FIBO Group review shows that they distribute services across all major markets: Europe, Asia, MENA and CIS, while offering a range of services and trading instruments to choose from. Due to its global coverage, the company also provides a variety of technologies and solutions that are suitable for almost every trading need.
They additionally provide seamless execution without interruption, an option between strategies based on fixed spread or variable one, a need to use high leverage, competitive trading conditions and social trading capabilities.
FIBO Group Registration
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