According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- cTrader
- MetaTrader4
- MetaTrader5
- WebTerminal MT4
- FSC BVI
- 1998
Our Evaluation of FIBO Group
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
FIBO Group is a moderate-risk broker with the TU Overall Score of 6.83 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by FIBO Group clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
The Fibo Group has an excellent reputation and a great history with a deserved the large number of traders working with them in the Forex market. The company provides comfortable working conditions for both beginners and professional traders.
Brief Look at FIBO Group
Fibo Group broker is an international financial holding company, it has been operating since 1998. It is considered to be one of the first brokers to operate in the Forex market. The company offers a wide range of services for trading and investing. Fibo Group is an award-winning company, having won “Best ECN Broker” at the Forex EXPO in 2014 and “The Most Trusted Forex Broker 2014” according to the International Investment and Finance Exhibition of China. These achievements are a testament to their high quality. The broker is licensed by FSC. Jurisdiction - British and Virgin Islands (SIBA/L/13/1063).
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- a wide range of trading platforms, including terminal versions for mobile devices.
- 24/7 technical support.
- large selection of currency pairs (over 60).
- penalties and fees for early money withdrawal from a PAMM account.
- customer service is available 24/7, but often there is a response delay of 12 hours or more.
- a fairly modest program for bonuses, promotions, and special offers.
- large minimum deposits, which can be a problem for the beginner traders.
- relatively high spreads, especially when working with not the most popular trading instruments.
TU Expert Advice
Financial expert and analyst at Traders Union
The Fibo Group has been operating in the Forex Market for more than 20 years. During this time, this broker has established itself as a reliable organization, its professionalism is recognized by the large number of industry awards that it has received. Today, the company has a predominantly positive reputation, but also has some mixed views and therefore some negative reviews as well. The company has a wide selection of various trading accounts (cent, NDD, etc.).
A large number of investors are attracted by the PAMM platform. Its advantage is the rating that allows you to choose the most suitable manager, taking into account a whole range of various factors. All this makes the Fibo Group automated trading service attractive for large investors.
In our opinion, this broker is focused primarily on professional market participants who require maximum features and acceptable conditions for conducting successful trading. The Fibo Group website is a classic one, its user-friendly interface has good functionality when searching for the information you need.
Fibo Group has successfully cooperated with Traders Union since 2015. In the course of work, we have no complaints about this broker. The company consistently fulfills all its obligations to customers and partners.
- You are looking to access a diverse range of trading instruments, including Forex, metals, indices, commodities, and cryptocurrencies.
- You prefer using advanced trading platforms such as MetaTrader 4, MetaTrader 5, and cTrader for an enhanced trading experience.
- You want to trade with lower minimum deposits, as this broker requires a minimum deposit of $50 for MT4 accounts and $500 for MT5 and cTrader accounts.
We checked the office of the FIBO Group brokerage company in Cyprus, which is located at the following address according to the information on the company’s website:
29 Agias Zonis, 3027, Limassol, Cyprus
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The company is located at the stated address
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We were able to speak to a company representative
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We were able to visit the office as clients
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Video of the company’s office
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FIBO Group Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
💻 Trading platform: | MetaTrader 4, MetaTrader 5, cTrader, WebTerminal MT4, WebTerminal MT5 |
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📊 Accounts: | Demo, MT4 NDD, MT4 Cent, MT4 NDD No Commission, MT4 Fixed, MT5 NDD, cTrader NDD |
💰 Account currency: | EUR, USD, CHF, GBP, GLD, BTC, ETH |
💵 Deposit / Withdrawal: | SWIFT Bank transfer, Connectum, RegularPay, Blockchain.com, BITPAY, Raidospare, WebMoney, Neteller, Skrill |
🚀 Minimum deposit: | From $1 |
⚖️ Leverage: | Up to 1:1000 |
💼 PAMM-accounts: | Yes |
📈️ Min Order: | 0.01 |
💱 EUR/USD spread: | 0,1 pips |
🔧 Instruments: | Currencies, CFD, Spot Metals, Cryptocurrencies |
💹 Margin Call / Stop Out: | 20%, 50% |
🏛 Liquidity provider: | There is no information on liquidity providers on the company's website. |
📱 Mobile trading: | Mobile versions MetaTrader 4 Mobile for iOS and Android |
➕ Affiliate program: | Yes |
📋 Order execution: | Instant Execution, Market Execution |
⭐ Trading features: | There is cryptocurrency trading; There are accounts for scalping; Free analytics. |
🎁 Contests and bonuses: | Currently unavailable |
The trading conditions of Fibo Group can be classified as affordable and comfortable. The company offers a wide selection of trading platforms for PCs, tablets and smartphones. The broker provides several types of trading accounts, and the client can choose the best one for himself. Additional trading opportunities are provided by leverage up to 1: 1000.
FIBO Group Key Parameters Evaluation
Video Review of FIBO Group
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Trading Account Opening
To start trading in the Forex Market with the Fibo Group and receive a spread refund using Traders Union, you need to:
Register on the Traders Union website, which is simple, fast and free. Once you have completed your registration you will receive a special affiliate link, go to the website of Fibo Group. On the broker’s home page click the "Open Trading Account" button.


Log in by entering: your phone number, your last name and first name (in English), as well as your email address (will be used as a login). The data for entering your personal account will be sent to the specified mail. Before replenishing your account, we strongly recommend that you go through verification.
The following functions in the Fibo Group personal account are available:




In addition, a number of other useful functions are available to users:
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Information on bonuses received as part of affiliate programs.
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Latest market news.
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Managed Account Data (PAMM).
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Sending messages to Customer support staff
Regulation and safety
FIBO Group has a safety score of 7/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Track record over 27 years
- Not tier-1 regulated
FIBO Group Regulators and Investor Protection
Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
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British Virgin Islands Financial Services Commission | British Virgin Islands | No specific fund | Tier-2 |
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Vanuatu Financial Services Commission | Vanuatu | No specific fund | Tier-3 |
FIBO Group Security Factors
Foundation date | 1998 |
Negative balance protection | Yes |
Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker FIBO Group have been analyzed and rated as Medium with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Tight EUR/USD market spread
- No inactivity fee
- Above-average Forex trading fees
- Deposit fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of FIBO Group with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, FIBO Group’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
FIBO Group Standard spreads
FIBO Group | Pepperstone | OANDA | |
EUR/USD min, pips | 0,1 | 0,5 | 0,1 |
EUR/USD max, pips | 0,2 | 1,5 | 0,5 |
GPB/USD min, pips | 0,5 | 0,4 | 0,1 |
GPB/USD max, pips | 0,8 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
FIBO Group RAW/ECN spreads
FIBO Group | Pepperstone | OANDA | |
Commission ($ per lot) | 3 | 3 | 3,5 |
EUR/USD avg spread | 0,1 | 0,1 | 0,15 |
GBP/USD avg spread | 0,2 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with FIBO Group. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
FIBO Group Non-Trading Fees
FIBO Group | Pepperstone | OANDA | |
Deposit fee, % | 0-4,9 | 0 | 0 |
Withdrawal fee, % | 0-4,9 | 0 | 0 |
Withdrawal fee, USD | 1,5 | 0 | 0-15 |
Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
The Fibo Group offers a range of accounts to choose from. There are options for beginners and professional traders. They differ in the minimum deposit size, type/level of spread, as well as the presence or absence of a commission.
Account types:
To learn more about the capabilities and working conditions of this broker, we recommend using a demo account.
The Fibo Group is a reliable company that provides ample opportunities for comfortable trading and is aimed at a diverse audience of clients - from the beginners to professionals.
Deposit and withdrawal
FIBO Group received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
FIBO Group offers limited payment options and accessibility, which may impact its competitiveness.
- Supports 5+ base account currencies
- Low minimum withdrawal requirement
- BTC available as a base account currency
- Bitcoin (BTC) accepted
- Limited deposit and withdrawal flexibility, leading to higher costs
- Wise not supported
- PayPal not supported
What are FIBO Group deposit and withdrawal options?
FIBO Group offers a limited selection of deposit and withdrawal methods, including Bank Card, Skrill, Neteller, BTC, Ethereum. This limitation may restrict flexibility for users, making FIBO Group less competitive for those seeking diverse payment options.
FIBO Group Deposit and Withdrawal Methods vs Competitors
FIBO Group | Plus500 | Pepperstone | |
Bank Wire | No | Yes | Yes |
Bank card | Yes | Yes | Yes |
PayPal | No | Yes | Yes |
Wise | No | No | No |
BTC | Yes | No | No |
What are FIBO Group base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. FIBO Group supports the following base account currencies:
What are FIBO Group's minimum deposit and withdrawal amounts?
The minimum deposit on FIBO Group is $0, while the minimum withdrawal amount is $30. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FIBO Group’s support team.
Markets and tradable assets
FIBO Group offers a limited selection of trading assets compared to the market average. The platform supports 200 assets in total, including 41 Forex pairs.
- 41 supported currency pairs
- Indices trading
- Crypto trading
- Limited asset selection
- No ETFs
Supported markets vs top competitors
We have compared the range of assets and markets supported by FIBO Group with its competitors, making it easier for you to find the perfect fit.
FIBO Group | Plus500 | Pepperstone | |
Currency pairs | 41 | 60 | 90 |
Total tradable assets | 200 | 2800 | 1200 |
Stocks | Yes | Yes | Yes |
Commodity futures | Yes | Yes | Yes |
Crypto | Yes | Yes | Yes |
Stock indices | Yes | Yes | Yes |
Options | No | Yes | No |
Investment options
We also explored the trading assets and products FIBO Group offers for beginner traders and investors who prefer not to engage in active trading.
FIBO Group | Plus500 | Pepperstone | |
Bonds | No | No | No |
ETFs | No | Yes | Yes |
Copy trading | No | No | Yes |
PAMM investing | Yes | No | Yes |
Managed accounts | Yes | No | No |
Trading platforms & tools
FIBO Group received a score of 7.5/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
- Free VPS for uninterrupted trading
- cTrader with advanced tools and Level II pricing
- One-click trading
- Trading bots (EAs) allowed
- Strategy (EA) Builder is not available
- No TradingView integration
- No access to API
Supported trading platforms
FIBO Group supports the following trading platforms: MT4, MT5, cTrader, WebTrader. This selection covers the basic needs of most retail traders. We also compared FIBO Group’s platform availability with that of top competitors to assess its relative market position.
FIBO Group | Plus500 | Pepperstone | |
MT4 | Yes | No | Yes |
MT5 | Yes | No | Yes |
cTrader | Yes | No | Yes |
TradingView | No | Yes | Yes |
Proprietary platform | No | Yes | Yes |
NinjaTrader | No | No | No |
WebTrader | Yes | Yes | Yes |
Key FIBO Group’s trading platform features
We also evaluated whether FIBO Group offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features
2FA | Yes |
Alerts | No |
Trading bots (EAs) | Yes |
One-click trading | Yes |
Scalping | Yes |
Supported indicators | 123 |
Tradable assets | 200 |
Additional trading tools
FIBO Group offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
FIBO Group trading tools vs competitors
FIBO Group | Plus500 | Pepperstone | |
Trading Central | No | No | No |
API | No | No | Yes |
Free VPS | Yes | No | Yes |
Strategy (EA) builder | No | No | Yes |
Autochartist | No | No | Yes |
Mobile apps
FIBO Group supports mobile trading, offering dedicated apps for both iOS and Android. FIBO Group received a score of 7/10 in this section, indicating a generally acceptable mobile trading experience.
- Solid iOS user feedback, with a rating of 5.0/5
- Indicators supported
- Mobile alerts supported
- Mobile 2FA not supported
We compared FIBO Group with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
FIBO Group | Plus500 | Pepperstone | |
Total downloads | 50,000 | 10,000,000 | 100,000 |
App Store score | 5.0 | 4.7 | 4.0 |
Google Play score | 4.2 | 4.4 | 4.0 |
Mob. 2FA | No | Yes | Yes |
Mob. Indicators | Yes | Yes | Yes |
Mob. Alerts | Yes | Yes | Yes |
Education
A special analytics section with tools useful for both the beginner and professional traders has been created on the site of the Fibo Group broker company.
It is recommended that each of these tools is tested on a demo account.
Customer support
The broker provides 24/7 customer support.
Advantages
- There is an online chat and a phone support
- Multilingual support(English, Indonesian, Spanish,German, Russian, French)
Disadvantages
- Not working on weekends
There are several ways to contact Customer support:
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by phone numbers indicated on the site;
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via email;
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via live chat on the broker's website;
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via the feedback form in your account.
Customer support is available both from the site of the brokerage company and from your personal account.
Contacts
Foundation date | 1998 |
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Registration address | Suite 925a, Block 8/9, Europort, Gibraltar. |
Regulation |
FSC BVI
Licence number: SIBA/L/13/1063 |
Official site | fibogroup.com |
Contacts |
+43 720022355, 8 800 505-34-26
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Comparison of FIBO Group with other Brokers
FIBO Group | Bybit | Eightcap | XM Group | FxPro | Kama Capital | |
Trading platform |
MT4, MobileTrading, MultiTerminal, CQG, cTrader | MetaTrader5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MobileTrading, MT5, cTrader, FxPro Edge | MetaTrader5 |
Min deposit | $300 | No | $100 | $5 | $100 | No |
Leverage |
From 1:1 to 1:400 |
From 1:1 to 1:500 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:500 |
From 1:1 to 1:400 |
Trust management | No | No | No | No | No | No |
Accrual of % on the balance | No | No | No | No | No | No |
Spread | From 0.8 points | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0 points |
Level of margin call / stop out |
25% / 20% | No / 50% | 80% / 50% | 100% / 50% | 25% / 20% | 20% / No |
Order Execution | NDD, Market Maker | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | No | No | No | No | Yes |
Detailed Review of Fibo Group
The Fibo Group is ranked high among the top companies operating in the Forex market. In its work, the company strictly adheres to the principles of transparency, comprehensive protection of customer's interests, as well as strict compliance with legislative requirements and standards, including the requirements of national regulators.
The company is constantly developing and is confidently moving forward, introducing new services designed to simplify and diversify the trading process.
The Fibo Group has offices in major European countries, Central and East Asia. Also, the important advantages of the Fibo Group are:
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annual audit confirming the company's compliance with the highest standards;
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a large selection of ways to replenish your account and withdraw funds;
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numerous awards.
What makes the Fibo Group so popular amongst traders of the Forex Market?
The Fibo Group provides a wide selection of trading platforms, financial instruments and trading accounts. The company offers both cent and demo beginner accounts for beginner traders and for experienced traders at levels of experience they offer both classic and professional accounts. Through the use of innovative technologies, the Fibo broker company guarantees the maximum speed of transaction execution and no slippage.
Fibo Group provides customers with the opportunity to work on the MetaTrader 4, MetaTrader 5 and cTrader trading platforms. Busy lifestyle fans can use WebTerminal MT4 and WebTerminal MT5 for trading. For smartphone users, it is possible to trade through the mobile versions of the MetaTrader 4 and MetaTrader 5 trading terminals for iOS and Android.
The Fibo Group offers the following useful services:
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market analysis. Every day, company experts publish reviews of the most popular trading tools, share some analytical information and recommendations;
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economic calendar. Service which contains the most important economic news affecting the dynamics of currency pairs.
Advantages:
all types of trading accounts are segregated;
scalping is allowed;
relatively narrow spread;
free analytics is available;
an opportunity for automated trading is provided.
Latest FIBO Group News
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