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FIBO Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 23:02

Abstract:FIBO is a brokerage firm registered in Hong Kong. This firm's regulatory status is suspicious clone because its actual company name does not match with the one on the regulatory certificate. And its website maybe has been shut down for years. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.

  Note: FIBO's official website: https://apk14.global-exptrade.com/ is currently inaccessible normally.

FIBO Information

  FIBO is a brokerage firm registered in Hong Kong. This firm's regulatory status is suspicious clone because its actual company name does not match with the one on the regulatory certificate. And its website maybe has been shut down for years. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.

FIBO Information

Is FIBO Legit?

Regulatory Status Suspected Fake Clone
Regulated by FCA
Licensed Institution FIBO Group Holdings Ltd
Licensed TypeEuropean Authorized Representative (EEA)
Licensed Number532885

  FIBO's regulatory status is suspicious clone. From the certificate, we can see:

  • Licensed Institution: FIBO PTY LTD
  • Phone Number of Licensed Institution: 357 25105641

  But the company name and contact number provided by this broker is “FIBO Limited” and “+0085230697555”. These inconsistencies show that they're providing false licenses to deceive traders.

Is FIBO Legit?

Downsides of FIBO

  • Unavailable Website

  FIBO's official website is currently not working. Maybe it's time to find another brokerage.

  • Lack of Transparency

  You can only find limited information about this brokerage online.

  • Regulatory Barriers

  FIBO's regulatory status is suspicious fake clone. Before choosing a brokerage, remember to consider the risk involved.

Negative FIBO Reviews on WikiFX

  On WikiFX, “Exposure” is posted as a word of mouth received from users.

  Please review this information before opening account with this brokerage. And you can consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative FIBO Reviews on WikiFX

  As of now, there are four pieces of FIBO exposure in total. I'll introduce two of them.

  Exposure 1. Fraud platform in Hong Kong

ClassificationScam
DateJuly 19, 2021
Post CountryTaiwan

  The user said:“Fraud platform in Hong Kong, be careful.” You may visit: https://www.wikifx.com/en/comments/detail/202107193632447188.html

  Exposure 2. This platform is a scam broker

ClassificationUnable to Withdrawal
DateApril 5, 2021
Post CountryIndonesia

  The user said:“This platform is a scam broker, which induces fraud and cannot withdraw money.” You may visit: https://www.wikifx.com/en/comments/detail/202104055142961842.html

Conclusion

  There are plenty of negative reviews about this brokerage on WikiFx. Its regulatory status, inaccessible website and these reviews on WikiFx are all signals showing that this brokerage is untrustworthy. It is better to choose regulated brokers with transparent operationsto ensure the safety of your investment. When comparing brokerages, keep the potential risks firmly in mind.

Related broker

Not Regulated
FIBO
Company name:FIBO Limited
Score
1.57
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.57

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