3.64 37 Reviews

FIBO Group Review Summary

Forex broker Fibo Group belongs to the multinational financial and investment holding firm FIBO Group (Financial Intermarket Brokerage Online Company). Fibo Group brokers are one of the pioneering and largest actors in online marginal trading services and products on contemporary financial markets. The first Fibogroup holding company was founded almost 20 years ago in 1998. Since the very beginning of the Fibo Group operation, the broker's team has always adhered to the principles of highly transparent conditions and services, protecting the interests of customers and fully complying with the applicable industry requirements and recommendations of national regulators. Fibo Group fx clients (private and institutional) are given guarantee that every products provided by subsidiaries within the fx trading group comply with the highest industry standards and are looked over by competent financial authorities. Fibo group provides forex cfd trading with advantageous trading conditions. The Fibo Group team is continually reviewing the needs of each trader in order to improve the services provided. Fibo forex trading is therefore always efficient and profitable. Tools such as currency calculator and day-to-day market reviews are designed to help a trader collect all the market data required for trading. Fibo Group reviews indicate that the broker is in high demand in the trading community.

FIBO Group Review Highlights

Trading Platform: MetaTrader 4/5, cTrader
Cryptocurrencies Yes
Regulator FSC, CySEC, FCA
Minimum Initial Deposit $300
Leverage up to 1:1000

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
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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.

Final Word

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

Founded: 1998
Broker Type: Broker
Languages Supported: EN, ZH, Farsi, RU, ES, DE, AR, VI, ML
Trading Instruments: FOREX, Spot Metals, CFDs, Bitcoin
Account Types: Two account types designed by FIBO group.
Expert Advisors: Yes
Social Trading: Yes
Hedging: Yes
Scalping: Yes
Commission: On Pro account
Inactivity Fee: None
Swap-Free Account: Yes
Mobile Apps: Yes
Demo Account: Yes
Prohibited Countries: N/A
Trading Fees: Yes, variable
Withdrawal Fees: Yes, minimal
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FIBO Group Reviews

37 Reviews for FIBO Group

  • Brian says:

    I am not a super active trader (maybe 50-100 trades/year), and exclusively use the mobile platform. It’s easy to use and commissions are low for the speed and quality of fills. Probably the best features, for me, are the interest rates on margin and also credit balances. I’ve benefited from both over the years. Also their stock yield enhancement program has made a big difference on maximizing my portfolio returns. Satisfied customer for 8+ years.

  • Simone says:

    In trading its important my information and data is secure and Trustplot provides that security

  • Roton M says:

    After my withdrawal request, in about 3 weeks time I received my invested money back in my Credit Card account and the profited amount by Paypal.

  • Chehmus Sdoley says:

    Dear FIBO Group this is a good name/idea for a business but until your customer service improves you are ripe for a better competitor to seize your clients by starting up a more competent rival.

  • Stefano An says:

    very large spread and glitches on the network

  • King Candra says:

    The excellency and effectiveness of the customer service is absolutely beautiful

  • Recia Goth says:

    It’s okay just don’t like the fact that markets close on Friday for all pairs… If that was to change… along with the amount you could withdraw from your account to card then people would be encouraged to sign up!

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