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FIBO Group -Overview Guide of This Broker

FIBO Group | 2025-03-18 13:54

Abstract:FIBO Group, or International Financial Holding FIBO Group, is an international financial holding company that was established in 1998. It offers online trading services, primarily in the foreign exchange market, but also provides a platform for the trading of CFDs, commodities, and cryptocurrencies. Headquartered in Vienna, Austria, the company has a global presence with subsidiaries in the British Virgin Islands, Cyprus, Australia, Singapore, and Russia, as well as offices in several other countries. FIBO Group started as an investment consulting firm and evolved into a prominent player in the forex market, and in 2017 it expanded into cryptocurrency derivatives.

Quick FIBO Group Review Summary
Found1998
Registered Country/RegionThe Virgin Islands
RegulationFSC (Offshore)
Market InstrumentsForex, spot metals, cryptocurrencies, CFDs, US stocks
Account TypeMT4 NDD, MT4 Cent, MT4 NDD No Commission, MT4 Fixed, MT5 NDD, cTrader NDD, cTrader Zero Spread
Demo Account✅
Islamic Account✅
Min Deposit$0
Max Leverage1:3000
SpreadFrom 0 pips
Trading PlatformMT4, MT5, cTrader
Copy Trading✅
Payment MethodsSEPA, Swift, MasterCard, Neteller, Skrill, bitpay, cryptocurrencies
Deposit Fee❌
Withdrawal FeeFree for most methods
Customer SupportLive chat, tel: 400-155-7215
Regional RestrictionsThe United Kingdom, North Korea, and the United States

FIBO Group Information

FIBO Group, or International Financial Holding FIBO Group, is an international financial holding company that was established in 1998. It offers online trading services, primarily in the foreign exchange market, but also provides a platform for the trading of CFDs, commodities, and cryptocurrencies. Headquartered in Vienna, Austria, the company has a global presence with subsidiaries in the British Virgin Islands, Cyprus, Australia, Singapore, and Russia, as well as offices in several other countries. FIBO Group started as an investment consulting firm and evolved into a prominent player in the forex market, and in 2017 it expanded into cryptocurrency derivatives.

FIBO Group's homepage

Pros & Cons

ProsCons
Wide range of trading instrumentsOffshore regulated
Demo accountsClients from the UK, North Korea, and the USA are not allowed
Multiple account types
MT4/5 and cTrader platforms
Copy trading
Popular payment options
No deposit fees
Live chat support

Is FIBO Group Legit?

FIBO Group is currently offshore regulated by British Virgin Islands Financial Services Commission (FIBO).

Regulated CountryRegulated byCurrent StatusRegulated EntityLicense TypeLicense Number
The Virgin Islands
FIBOOffshore RegulatedFIBO GROUP, LTD.Retail Forex LicenseSIBA/L/14/1063

Market Instruments

FIBO Group offers mainstream and popular financial products in the global financial market for investors, including forex, spot metals, cryptocurrencies, CFDs, and US stocks.

Trading AssetsAvailable
Forex✔
Spot metals✔
Cryptocurrencies✔
CFDs✔
US stocks✔
Indices❌
Bonds❌
Options❌
ETFs❌

Account Types/Fees

Apart from demo accounts, FIBO Group offers eight account types, namely MT4 Cent, MT5 Fixed, MT4 NDD, MT4 NDD No Commission, cTrader NDD, cTrader Zero Spread, and MT5 NDD.

Account TypeMT4 CentMT4 FixedMT4 NDDMT4 NDD No CommissioncTrader NDDcTrader Zero SpreadMT5 NDD
Order Execution TechnologyNo Dealing DeskMarket MakerNo Dealing DeskNo Dealing DeskNo Dealing DeskNo Dealing DeskNo Dealing Desk
Account CurrencyUSD cent, GLD centEUR, USDEUR, USD, GLDEUR, USD, GLD, BTC, ETHUSD, EURUSDUSD
Min Deposit$0$50$50$50$50$50$50
Max Leverage1:30001:2001:4001:4001:4001:10001:400
Spread from0.6 pips2 pips0 pips0.8 pips0 pips0 pips0 pips
Commission❌❌0.003% from the amount of a transaction❌0.003% from the amount of a transaction0.012% from the amount of a transaction, min $10.003% from the amount of a transaction
Stop Out Level20%20%50%50%20%20%50%
CFD Trading❌✔✔❌❌❌❌
Islamic Account❌✔✔✔❌❌❌
Managed Account (PAMM)❌✔✔✔❌❌❌
Account comparison

How to Open an Account with FIBO Group?

Step 1: Sign up-Creating your Client Area. The first stage of registration with the company is creating your Client Area. To do this, you need to indicate your email address and phone number in the sign-up form on the site.

Step 2: Verification of email, phone number and proof of identity. To verify your email, this broker will send you an email to the address you indicate while signing up. Click the link in the message to confirm your email address.

Step 3: Depositing funds to your account and starting trading.

Leverage

FIBO Group provides different maximum leverage ratios for different tradable assets and account types. Find detailed info in the table below:

Account TypeMT4 CentMT4 FixedMT4 NDDMT4 NDD No CommissioncTrader NDDcTrader Zero SpreadMT5 NDD
Max Leverage for Forex1:30001:2001:4001:4001:4001:10001:400
Max Leverage for Metals1:30001:2001:4001:4001:4001:4001:100
Max Leverage for Cryptocurrencies1:251:251:251:251:11:11:25
Max Leverage for US Stocks1:11:201:201:201:11:11:20

While leverage presents an opportunity to increase funds, it's important for traders to understand that higher leverage also comes with higher risks.

Trading Platforms

FIBO Group provides traders with a choice of three reliable and widely-used trading platforms.

The cTrader platform offers direct trading with international banking institutions and features high-speed order execution, customizable indicators, and market depth display.

The MetaTrader 4 platform is customizable and user-friendly, with a range of technical indicators, strategy tester, and one-click trading.

The MetaTrader 5 platform offers multi-asset trading, advanced strategy tester, netting and hedging modes, and comprehensive analytical tools such as built-in indicators, financial news, and an economic calendar. All platforms are available on desktop, Android, and iOS devices.

trading-platform
trading-platform

Deposit & Withdrawal

FIBO Group accepts deposits and withdrawals via banks, credit card, e-wallets, and cryptocurrencies.

Payment MethodAccepted CurrencyDeposit FeeWithdrawal FeeDeposit TimeWithdrawal Time
SEPA/SWIFTUSD, EUR❌Around 35-50 USDWithin 2-5 days3-5 business days
MasterCardUSD❌4.5% + 1.2 usdAutomatically upon receipt of fundsA few minutes
NetellerUSD, EUR❌2%, min 1 USD/EUROnce the payment clearedWithin 2 business days, excluding the day the application was submitted
SkrillUSD❌1%Once the payment cleared or inside office hoursWithin several minutes
TCPAYUSD❌3%ImmediatelyAs soon as the withdrawal request is processed
bitpayBTC, ETH, BCH, XRP❌/Once the payment cleared/
CryptocurrenciesBTC, ETH, USDT (TRC20), TRX, USDT (ERC20), USDT (BEP20)Network fee0.5%Once the payment clearedWithin several minutes, up to several hours
RAIDO R SPAREBTC, ETH, USDT (TRC20), TRX, USDT (ERC20), USDT (BEP20)/❌/Within several minutes
Deposit & Withdrawal 1
Deposit & Withdrawal 2
Deposit & Withdrawal 3

Frequently Asked Questions (FAQs)

Q 1:At FIBO Group, are there any regional restrictions for traders?
A 1:Yes. The services of FIBO Group are not provided to residents of the UK, North Korea and the USA.
Q 2:Can I have more than one account?
A 2:Yes, you may open more than one account with FIBO Group. To open an additional account you should log in to your client area and click “Open a new trading account.” It is not necessary to submit your ID and Utility bill again (Unless the details have changed).
Q 3:Can I trade with an EA (Expert Advisor or robot)?
A 3:Yes, you may trade with any forex Expert Advisors you like.
Q 4:What is the minimum deposit for FIBO Group?
A 4:$0.
Q 5:Is FIBO Group a good broker for beginners?
A 5:Yes. FIBO Group is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

LeverageBrokerCurrency PairCommissionDealerForex tradingForex BrokerForex Currency pairleverage in forexforex pipsforex marketCryptocurrencyBitcoinEthereumCFDscommoditiesMT4MT5cTraderdemo accounts

Related broker

Offshore Regulated
FIBO Group
Company name:FIBO Group, Ltd
Score
4.95
Website:http://www.fibogroup.com/
10-15 years | Regulated in Cyprus | Regulated in The Virgin Islands | Common Financial Service License
Score
4.95

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