Overview of FIBO Group
| Established | 1998 |
|---|---|
| Country/Region of Registration | British Virgin Islands |
| Regulation | FSC (Offshore) |
| Market Instruments | Forex, Spot Metals, Cryptocurrencies, CFDs, US Stocks |
| Account Types | MT4 NDD, MT4 Cent, MT4 NDD No Commission, MT4 Fixed, MT5 NDD, cTrader NDD, cTrader Zero Spread |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Minimum Deposit | $0 |
| Maximum Leverage | 1:3000 |
| Spreads | From 0 pip |
| Trading Platforms | MT4, MT5, cTrader |
| Copy Trading | ✅ |
| Payment Methods | SEPA, Swift, MasterCard, Neteller, Skrill, Bitpay, Cryptocurrencies |
| Deposit Fees | ❌ |
| Withdrawal Fees | Free for most methods |
| Customer Support | Live chat, Phone: 400-155-7215 |
| Regional Restrictions | UK, North Korea, USA |
About FIBO Group
FIBO Group, or International Financial Holding FIBO Group, is an international financial company founded in 1998. It provides online trading services primarily in the Forex market, but also offers a platform for CFDs, commodities, and cryptocurrencies. Headquartered in Vienna, Austria, FIBO Group has a global presence with subsidiaries in the British Virgin Islands, Cyprus, Australia, Singapore, and Russia, as well as offices in several other countries.
Originally launched as an investment advisory firm, FIBO Group has developed into a leading Forex broker. In 2017, the company expanded into cryptocurrency derivatives.
Pros & Cons
| Pros | Cons |
|---|---|
| Wide range of trading instruments | Offshore regulation |
| Demo accounts available | Not available for UK, North Korea, and US clients |
| Multiple account types | |
| MT4/MT5 and cTrader platforms | |
| Copy trading available | |
| Popular payment methods | |
| No deposit fees | |
| Live chat support |
Is FIBO Group Reliable?
FIBO Group is currently offshore regulated by the Financial Services Commission of the British Virgin Islands (FSC).
| Country of Regulation | Regulator | Status | Entity | License Type | License Number |
|---|---|---|---|---|---|
| FIBO | Offshore | Active | FIBO GROUP, LTD. | Retail Forex License | SIBA/L/14/1063 |
Market Instruments
FIBO Group offers popular financial products for global investors, including Forex, Spot Metals, Cryptocurrencies, CFDs, and US Stocks.
| Assets | Available |
|---|---|
| Forex | ✔ |
| Spot Metals | ✔ |
| Cryptocurrencies | ✔ |
| CFDs | ✔ |
| US Stocks | ✔ |
| Indices | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Types / Fees
Besides demo accounts, FIBO Group offers 8 account types: MT4 Cent, MT5 Fixed, MT4 NDD, MT4 NDD No Commission, cTrader NDD, cTrader Zero Spread, and MT5 NDD.
| Account Type | MT4 Cent | MT4 Fixed | MT4 NDD | MT4 NDD No Commission | cTrader NDD | cTrader Zero Spread | MT5 NDD |
|---|---|---|---|---|---|---|---|
| Execution | No Dealing Desk | Market Maker | NDD | NDD | NDD | NDD | NDD |
| Currencies | USD cent, GLD cent | EUR, USD | EUR, USD, GLD | EUR, USD, GLD, BTC, ETH | USD, EUR | USD | USD |
| Min Deposit | $0 | $50 | $50 | $50 | $50 | $50 | $50 |
| Max Leverage | 1:3000 | 1:200 | 1:400 | 1:400 | 1:400 | 1:1000 | 1:400 |
| Spreads From | 0.6 pips | 2 pips | 0 pips | 0.8 pips | 0 pips | 0 pips | 0 pips |
| Commission | ❌ | ❌ | 0.003% of trade | ❌ | 0.003% of trade | 0.012% of trade (min $1) | 0.003% of trade |
| Stop Out | 20% | 20% | 50% | 50% | 20% | 20% | 50% |
| CFD Trading | ❌ | ✔ | ✔ | ❌ | ❌ | ❌ | ❌ |
| Islamic Account | ❌ | ✔ | ✔ | ✔ | ❌ | ❌ | ❌ |
| PAMM | ❌ | ✔ | ✔ | ✔ | ❌ | ❌ | ❌ |
How to Open an Account?
-
Register – Create your client area by providing email and phone.
-
Verify – Confirm email, phone, and ID.
-
Fund Account – Deposit and start trading.
Leverage
| Account Type | MT4 Cent | MT4 Fixed | MT4 NDD | MT4 NDD No Commission | cTrader NDD | cTrader Zero Spread | MT5 NDD |
|---|---|---|---|---|---|---|---|
| Forex | 1:3000 | 1:200 | 1:400 | 1:400 | 1:400 | 1:1000 | 1:400 |
| Metals | 1:3000 | 1:200 | 1:400 | 1:400 | 1:400 | 1:400 | 1:100 |
| Crypto | 1:25 | 1:25 | 1:25 | 1:25 | 1:1 | 1:1 | 1:25 |
| US Stocks | 1:1 | 1:20 | 1:20 | 1:20 | 1:1 | 1:1 | 1:20 |
⚠️ High leverage increases profit potential but also trading risks.
Trading Platforms
-
cTrader – Direct access to banks, fast execution, market depth.
-
MetaTrader 4 (MT4) – Easy to use, customizable, technical indicators, one-click trading.
-
MetaTrader 5 (MT5) – Multi-asset trading, advanced strategy tester, news feed, economic calendar.
Available on desktop, Android, iOS.
Deposit & Withdrawal
| Payment Method | Accepted | Deposit Fee | Withdrawal Fee | Deposit Time | Withdrawal Time |
|---|---|---|---|---|---|
| SEPA/SWIFT | USD, EUR | ❌ | $35–50 | 2–5 days | 3–5 business days |
| MasterCard | USD | ❌ | 4.5% + $1.2 | Instant | Minutes |
| Neteller | USD, EUR | ❌ | 2% (min $1) | Same day | 2 business days |
| Skrill | USD | ❌ | 1% | Same day | Minutes |
| TCPAY | USD | ❌ | 3% | Instant | Same day |
| Bitpay | BTC, ETH, BCH, XRP | ❌ | / | After confirmation | / |
| Crypto | BTC, ETH, USDT, TRX | Network fee | 0.5% | Minutes–hours | Minutes–hours |
| Raido R Spare | BTC, ETH, USDT, TRX | / | ❌ | / | Minutes |
FAQs
Q1: Are there regional restrictions?
A1: Yes. Services are not available for UK, North Korea, and US residents.
Q2: Can I open multiple accounts?
A2: Yes. No need to re-submit ID unless changed.
Q3: Can I trade with Expert Advisors (EAs/robots)?
A3: Yes, all EAs are supported.
Q4: What is the minimum deposit?
A4: $0.
Q5: Is FIBO Group good for beginners?
A5: Yes. Offers demo accounts, multiple platforms, and regulated operations.
Risk Warning
Online trading carries significant risks, including the potential loss of all invested capital. It may not be suitable for all traders or investors. Please ensure you understand the risks involved.
Leave a Reply