FIBO Group

FIBO Group Quick Overview

Founded: 1998
Headquarters: Vienna, Austria (subsidiaries in BVI, Cyprus, Australia, Singapore, Russia)
Regulation: British Virgin Islands FSC (Offshore License)
License Number: SIBA/L/14/1063

FIBO Group (Financial Intermarket Brokerage Online Group) is an international brokerage firm offering access to forex, CFDs, spot metals, cryptocurrencies, and U.S. stocks. Originally an investment consulting company, it has grown into a well-established forex broker and since 2017 has expanded into crypto derivatives trading.

Key Highlights

Wide range of products: Forex, metals, crypto, CFDs, U.S. stocks

Trading platforms: MT4, MT5, cTrader

Account types: MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission, MT5 NDD, cTrader NDD, cTrader Zero Spread

Demo & Islamic accounts: Available

Minimum deposit: $0 (varies by account)

Leverage: Up to 1:3000

Spreads: From 0 pips

Copy trading: Supported

Funding methods: SEPA, SWIFT, MasterCard, Neteller, Skrill, BitPay, Cryptocurrencies

Customer support: Live chat & phone (400-155-7215)

Restrictions: Residents of the UK, USA, and North Korea not accepted

Pros & Cons

Pros

• Wide selection of instruments
• Multiple account types
• MT4/MT5 and cTrader supported
• Copy trading available
• Demo accounts provided
• Flexible payment methods
• No deposit fees
• Responsive live chat support

Cons

• Offshore regulation only
• Restricted in the UK, USA, and North Korea

Safety & Regulation

FIBO Group is licensed by the Financial Services Commission (FSC) of the British Virgin Islands.
Client protection includes:

Segregated client funds

Negative balance protection

Multiple account currencies (USD, EUR, BTC, ETH, GLD, etc.)

Accounts & Trading Conditions

Leverage: Up to 1:3000 for forex (lower for metals, crypto, and stocks)

Spreads: From 0 pips

Commissions: Vary by account type (from 0.003%)

Stop-out levels: 20–50%

Islamic accounts: Available on select accounts

Deposits & Withdrawals

SEPA/SWIFT: No deposit fee; withdrawal $35–50; 2–5 days

MasterCard: Instant deposit; 4.5% withdrawal fee

Neteller/Skrill: Small percentage fees; fast processing

BitPay & Cryptos: BTC, ETH, USDT, TRX; network fees apply

FAQs

Can I open multiple accounts? Yes, without resubmitting ID (unless details change).

Is EA (Expert Advisor) trading allowed? Yes, all EAs/robots are supported.

Is there a demo account? Yes, unlimited practice with virtual funds.

Minimum deposit? $0.

Beginner-friendly? Yes, thanks to MT4/MT5, demo accounts, and easy funding.

Risk Warning

Trading online involves high risk and may lead to the loss of all invested capital. It may not be suitable for every investor. Ensure you fully understand the risks before trading.