FIBO Group review.

Overview

TrueBroker is a free broker safety checker, and this page is our review of FIBO Group, scored 5.0 out of 10 across regulation, fees, platform, support and reviews. The entity behind the marketing is FIBO Group, Ltd., a British Virgin Islands company that every fetched country page in our evidence (UAE, Australia, UK, Indonesia and others) names in its footer as the operator of the site.

Who FIBO Group, Ltd. actually is

The firm’s own UAE-facing legal page states it holds an Investment Business Licence from the Financial Services Commission of the British Virgin Islands, “authorising it to deal in investments as agent and as principal, and to arrange deals in investments,” under the number SIBA/L/13/1063. We checked the BVI FSC register directly and it confirms FIBO Group, Ltd. is listed there for Arranging Deals in Investments and Dealing as Agent and Dealing as Principal. The register’s export does not publish licence numbers itself, so the specific figure “SIBA/L/13/1063” remains the firm’s own claim rather than something we read off the register; the snapshot we checked is 35 days old and should be refreshed before anyone relies on it further. The same legal page cites a second figure, 549364, alongside the FSC licence and describes it only as a “registration number,” without saying which registry issued it. We have not looked that number up in the BVI company registry (VIRRGIN requires a manual browser lookup), so that is a gap in what we checked, not a finding about the firm one way or the other.

Our earlier review describes a second entity, “FIBO Markets Ltd.,” as CySEC-regulated and serving European clients. None of the broker pages we fetched for our evidence, across UAE, Australia, UK, Indonesia, Japan or Germany country codes, mentions FIBO Markets Ltd. or any CySEC licence; every footer cites only the BVI licence for FIBO Group, Ltd., and CySEC’s current register of Cypriot investment firms lists no FIBO company. We are reporting the earlier review’s claim as something it reported, not as something we verified on the firm’s own pages.

What FIBO Group’s own pages contradict each other on

Every footer we fetched, across UAE, Australia, UK, Indonesia, Japan and Germany pages, states that “our services are not available to individuals residing in the United Kingdom, North Korea, and the United States.” The same broker nonetheless runs a UK-facing page, built on the same template as its other country pages, with a UK contact number. We also found the account comparison table on the UAE accounts page giving the MT4 Fixed spread as “from 2 pips” while a table further down the same page gives the minimal spread for the same account as “1,” and the MT5 NDD commission is stated as both “0.003%” and “0.005%” of transaction amount on the same page. A reader cannot tell from the firm’s own material which figure is current.

Why this review’s score moved from 4 to 5.0

Our earlier review of FIBO Group scored it 4 out of 10. This review restates the assessment from current evidence and scores it 5.0, with the criteria weighted differently underneath: regulation sits at 4.5, reflecting a BVI FSC licence we could confirm on the register but which covers a jurisdiction with lighter oversight than the EU regulation our earlier review’s uncorroborated CySEC claim implied. Fees score highest, at 9, based on the firm’s own fee page, which lists 0% deposit fees across bank transfer, card and most payment-system methods, with only cryptocurrency network fees and a capped bank-fee reimbursement as carve-outs. Platform scores 7.9 on the range confirmed across MetaTrader 4, MetaTrader 5, cTrader and the firm’s own FIBO Forex Drive app. Support scores 5.3 and reviews score 5.2. The change is our assessment moving between reviews, not a claim that FIBO Group itself has changed.

Overview Table

Facts List

• The BVI FSC register confirms FIBO Group, Ltd. as regulated for Arranging Deals in Investments and Dealing as Agent and Dealing as Principal; the register export itself does not publish the licence number.
• The 35-day-old register snapshot should be refreshed before anyone relies on it further.
• A registration number, 549364, appears on the firm’s own legal page next to the FSC licence, but has not been checked against any company registry.
• We searched 1441 warning-list entries mirrored from CYSEC, the FCA and FSC Mauritius, and FIBO Group appears on none of them.
• Our earlier review’s claim of a second, CySEC-regulated entity, “FIBO Markets Ltd.,” does not appear on any of the firm’s pages we fetched, and CySEC’s current register of Cypriot investment firms, which we checked on 30 September 2026, lists no FIBO company.
• The firm’s contact page lists branch office addresses in San José, Costa Rica and Almaty, Kazakhstan.
• Minimum deposit is 1 cent for Cent accounts and $50 for the firm’s other MT4, MT5 and cTrader accounts.
• Every footer we fetched states services are not available to UK, North Korean or US residents, while a fully localized UK page and UK contact number exist on the same site.
• The firm’s own account comparison table on its UAE accounts page states two different figures for MT4 Fixed spread and two different figures for MT5 NDD commission.
• Platforms confirmed across the firm’s pages include MetaTrader 4, MetaTrader 5, cTrader and a proprietary app called FIBO Forex Drive.

Key Takeaways

Our previous review scored FIBO Group 4 out of 10. This review scores it 5.0 out of 10. That is our assessment moving, not the firm: the criteria and the evidence behind them both changed since the last pass, so the jump is ours to explain, not theirs to take credit for. Regulation sits at 4.5, fees at 9, platform at 7.9, support at 5.3, reviews at 5.2, and the detail below is what drove each of those numbers.

What the BVI FSC register shows for FIBO Group

The BVI FSC register lists FIBO GROUP, LTD. as regulated for Arranging Deals in Investments, Dealing as Agent and Dealing as Principal, which confirms the licence number SIBA/L/13/1063 that the firm’s own pages state. The FSC’s export does not publish licence numbers itself, so that specific number remains the firm’s own claim rather than something we read off the register directly. The snapshot behind this check is 35 days old and should be refreshed before anyone relies on it further. A second number, 549364, appears on the firm’s legal page alongside the FSC licence and reads as a company registration number rather than a financial-services authorisation, but nobody has looked it up at the BVI company registry yet, so that is a gap in our checking, not a finding about the firm. Our earlier review also describes a second entity, “FIBO Markets Ltd.”, as a CySEC licensee for European clients, which CySEC’s own register does not bear out. None of the broker pages we fetched, across the UAE, UK, Australian, Indonesian, Japanese or German versions, name a CySEC licence or a “FIBO Markets Ltd.” entity; each cites only the BVI FSC licence for FIBO Group, Ltd., and CySEC’s current register lists no FIBO company. We searched 1,441 warning-list entries mirrored from CySEC, the FCA and the FSC Mauritius, and FIBO Group appears on none of them, with the search validated against a known-listed firm first so the clean result means absence rather than a broken search.

FIBO Group’s own fee pages

The firm’s fee page advertises a “No Fee Deposit” promotion: 0% commission on any deposit, for any account, by any method, with the full transferred amount credited and reimbursement instant. The same page states, for bank transfer deposits over $1,000, a compensation cap of up to $30 on the sending bank’s fee. Set against that headline, the same page carries a carve-out for cryptocurrency: “For cryptocurrency deposits, the blockchain network transaction fee is not covered by the company,” which sits awkwardly next to a promotion promising 0% on deposits “by any method.” The same fee page also reserves the right to claw the promotion back: The company reserves the right not to compensate payment system fees or to cancel any previously compensated fees in case of detected abuses related to the ‘No Fee Deposit’ promotion. On withdrawals, that page states a credit card fee of 6% plus $2, a bank withdrawal fee of around $35 to $50 taking three to five business days, a payment-system fee of 2% (minimum 1 USD or EUR), and a cryptocurrency withdrawal fee of 0.5%. Our earlier review gives a different card withdrawal figure, 4.5% plus $1.2, which we note as a second-hand figure rather than something we read on the firm’s own page. That same fee page also states a withdrawal-routing rule in the firm’s own words: “it is assumed that the Client shall withdraw funds from its trading account in the same currency and by the same method the trading account of this Client was credited,” which limits a client to cashing out however they funded the account in the first place.

Contract terms that bind a client

The MT4 NDD trading rules give FIBO Group the right to force-close open positions once equity falls to 50% of the margin held. The same section states that margin requirements can rise from 1% to 3% over weekends and public holidays, cutting effective leverage to as low as 1:33, and requires the client to bring positions into line with the higher margin at least 30 minutes before the session closes. The account comparison table’s footnote states that pending orders on the MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission and MT5 NDD accounts are deleted automatically 180 days after being placed. A promotional “Real Cash Bonus 30%” on the homepage, up to $25,000, is withdrawable only at $5 per standard lot traded rather than as free cash.

Platform and market access

The firm’s own pages describe MetaTrader 4, MetaTrader 5, cTrader and a proprietary app called FIBO Forex Drive, across forex, spot metals, cryptocurrency, CFDs and US stocks. The account pages contradict themselves on cost: the comparison table on the UAE accounts page states MT4 Fixed spread “from 2 pips” and MT5 NDD commission at “0.003% from the amount of a transaction,” while the detail tables further down the same page state MT4 Fixed “Minimal spread 1” and MT5 NDD “Fee 0.005% from the amount of a transaction.” The pages also disagree on mobile access to MT5: the UAE, Australian and Indonesian platform pages list MT5 as Windows and MacOS only, while the dedicated MT5 page describes Android and iPhone/iPad apps. Every footer we fetched, across UAE, UK, Australian, Indonesian, Japanese and German pages, states that services are not available to residents of the United Kingdom, North Korea and the United States, yet the firm maintains a fully localised UK page with a UK contact number.

Reaching FIBO Group

Support channels on the firm’s own pages are phone-based: a UK-format number, a toll-free regional number for the UAE site, an Almaty branch line, and a callback-request option. A 404 error page directs users to “the Chat operator” for help locating trading-conditions information, which is the only reference to live chat in the pages we fetched. Office addresses are listed for San José, Costa Rica and Almaty, Kazakhstan; the email fields on the contact page rendered only as a placeholder, so no working email address could be captured from that page.

Licenses & Regulation

FIBO Group’s regulatory picture rests on one licence, checked directly against the regulator that issued it. The BVI FSC register lists FIBO GROUP, LTD. as regulated for Arranging Deals in Investments, Dealing as Agent and Dealing as Principal, and we confirmed that entry ourselves rather than taking the firm’s word for it. The firm’s own legal page, the firm’s UAE legal page, describes the same licence as an Investment Business Licence authorising it to deal in investments as agent and as principal, and to arrange deals in investments, which matches what the register shows. That said, the export we pulled from the BVI FSC publishes no licence numbers alongside the listing, so the number “SIBA/L/13/1063” itself is still the firm’s own claim, not something the register printed back to us. Our snapshot of that register is also 35 days old at the time of writing, so it should be refreshed before anyone relies on it for a current decision.

What FIBO Group, Ltd. is regulated to do

The BVI FSC is not a top-tier regulator, and the licence it grants FIBO Group, Ltd. is for dealing and arranging deals in investments, out of the British Virgin Islands. Alongside the licence number, the firm’s UAE legal page gives a registration number, 549364, described only as a “registration number” sitting next to the FSC licence text. We could not tell from that page which registry issued it or whether it is a company registration rather than a financial-services authorisation, and we have not looked it up at the BVI company registry (VIRRGIN) to check. That registry only answers a human in a browser, so this is a gap in our checking, not a finding about the firm one way or the other.

The CySEC entity we could not find

Our earlier review reported that FIBO Group also operates through a second, CySEC-regulated entity called FIBO Markets Ltd., serving European clients, and that the wider group is headquartered in Costa Rica. We did not verify either claim: none of the broker pages we fetched, across the UK, UAE, Australia, Indonesia, Japan or German site versions, mentions FIBO Markets Ltd. or a CySEC licence anywhere in their footers. Every one of those footers cites only the BVI FSC licence for FIBO Group, Ltd. A reader who came across the CySEC claim elsewhere and treated it as confirmed would be assuming a level of EU regulatory protection, segregated funds, a compensation scheme, mandatory negative-balance protection, that the firm’s own pages give no support for.

Who FIBO Group’s pages say they will not serve

The firm’s own account and market pages, in both the UAE and Indonesia versions we fetched, state that its services are not available to individuals residing in the United Kingdom, North Korea or the United States, with a fuller list said to sit in the Legal Documents section. That sits oddly against the fact that the broker also runs a fully localized UK-facing site, complete with a UK contact number, marketing to the same residents its own terms say it will not accept as clients.

Warning-list search

We searched 1,441 warning-list entries mirrored from CySEC, the FCA and the FSC Mauritius, and FIBO Group appears on none of them. We ran a positive control against three of those registers first, searching for a firm known to already be listed, so an empty result here means the firm is actually absent rather than the search having failed silently. That coverage is limited to the three regulators we mirror, not a clean bill of health from regulators generally.

This review scores FIBO Group 5.0 out of 10 overall, up from 4/10 in our previous review. The regulation criterion itself lands at 4.5 out of 10, the weakest of the five we scored, which reflects a licence we could confirm directly against its issuing register sitting alongside a second entity and jurisdiction claim we could not confirm anywhere on the firm’s own pages, plus a company-registry number we have not yet been able to check at all.

How to Trade

FIBO Group runs eight account types across three platforms, and the account comparison table on the firm’s own accounts page is the main source for how each one actually works. MT4 Cent and MT5 Cent open with a minimum deposit of one cent and offer leverage up to 1:3000 and 1:5000 respectively, but neither allows CFD trading and neither lists US stocks. MT4 Fixed, MT4 NDD, MT4 NDD No Commission, cTrader NDD, cTrader Zero Spread and MT5 NDD all carry a $50 minimum. The execution model changes between them: MT4 Fixed is described on the same page as Market Maker execution, while MT4 NDD, MT5 NDD and both cTrader accounts run No Dealing Desk execution. Leverage tops out at 1:200 on MT4 Fixed, 1:400 on the NDD accounts, and 1:1000 (1:400 on metals) on cTrader Zero Spread. Stop out levels differ too: 20% on MT4 Cent, MT4 Fixed, MT4 Floating and both cTrader accounts, and 50% on MT4 NDD, MT4 NDD No Commission, MT5 NDD and MT5 Cent. The MT4 Floating account requires a $300 minimum deposit, per the same page.

What actually opens and closes a position at FIBO Group

The trading rules on the MT4 NDD account page give the firm the right, at its own discretion, to close any open position once equity falls to or below 50% of the margin held against it. The same page states that margin requirements can rise from 1% to 3% over weekends and public holidays, cutting effective leverage to as low as 1:33 for that period, and that a client must bring positions into line with the higher margin at least 30 minutes before the trading session closes. Separately, the footnotes to the account comparison table on the firm’s UAE accounts page state that pending orders, meaning Sell Limit, Buy Limit, Sell Stop and Buy Stop, are automatically deleted 180 days after being placed on MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission and MT5 NDD accounts, with no renewal prompt described. The Contracts Specifications footnotes for MT4 Cent add that between 23:55 and 00:15 EET, the bank rollover window, liquidity falls, spreads and the minimum distance for client orders can widen, and trading can be switched to close only mode with new positions blocked entirely for that stretch.

Instruments and platforms

The firm’s own pages list forex, spot metals, cryptocurrency, CFDs and US stocks as tradable markets. The GB markets page describes forex spreads as “from 0 points on” and pitches spot metals trading as building “your gold stock.” Trading runs across MetaTrader 4, MetaTrader 5, cTrader and a proprietary mobile app called FIBO Forex Drive. The MT4 page describes MQL4 support for custom indicators and backtesting, pre-configured Windows and macOS terminals, and free Android and iOS apps, plus a MetaTrader Multi Terminal for managing several accounts at once. On MT5, the firm’s platform listing page states Windows and MacOS only, while the dedicated MT5 page separately describes full Android and iPhone/iPad app functionality for the same platform. A reader checking whether MT5 works on mobile gets a different answer depending on which of the firm’s own pages they read.

Where FIBO Group’s own numbers disagree with themselves

The account comparison table on the firm’s UAE accounts page states the MT4 Fixed spread is “from 2 pips” and the MT5 NDD commission is “0.003% from the amount of a transaction,” but the individual account detail tables further down the same page give MT4 Fixed a “Minimal spread 1” and put the MT5 NDD fee at “0.005% from the amount of a transaction.” Both figures sit on the same page, so a trader working out the actual cost of a position cannot tell which number the firm stands behind without asking directly. The Indonesia site’s root page separately describes its MetaTrader 5 platform as using NDD technology, with fixed floating spreads, a commission of 20 USD per million and prices quoted to five decimal digits, a third set of terms alongside the two on the accounts page.

Promotions that change how a position is funded

FIBO Group’s homepage advertises a “Real Cash Bonus” of 30% on deposits up to $25,000. That bonus trades as margin alongside the client’s own deposited funds and becomes withdrawable only at $5 per standard lot traded, so a client who deposits and stops trading cannot simply withdraw it. The firm’s fee page also runs a “No Fee Deposit” promotion covering any deposit, for any account, by any method, with the full transferred amount credited and the firm reserving the right “not to compensate payment system fees, or to cancel any previously compensated fees, in case of detected abuses” (the UK fees page). The same page notes that for cryptocurrency deposits, the blockchain network transaction fee “is not covered by the company,” which sits alongside the page’s own headline claim of 0% commission on any deposit by any method.

Account Types

FIBO Group, Ltd. sells nine account types across three platforms, MetaTrader 4, MetaTrader 5 and cTrader, and marks which of them can be used for managed (PAMM) investing. The firm’s own account comparison page for its UAE facing site sets out minimum deposits, leverage caps and stop out levels for each one.

FIBO Group’s account lineup

The same page lists a Managed account, FIBO Group’s PAMM product, with its own minimum deposit of $300. A separately fetched account types page for the firm’s UK facing site describes MT4 Cent’s spreads as running from around 0.6 points and calls the account “ideal for beginners and testing trading robots.” The firm’s Indonesia facing root page describes MT5 NDD in the same terms it uses elsewhere for MT5 NDD, adding that it runs NDD technology and market execution with a commission of 20 USD per million and prices quoted to five decimal digits, and it pitches MT5 Cent’s 1:5000 leverage as a way to “earn even more with leverage” through “market depth and deep liquidity.”

Two numbers that do not match on FIBO Group’s own account page

The account comparison table at the top of the firm’s UAE facing accounts page states MT4 Fixed’s spread as “from 2 pips” and MT5 NDD’s commission as “0.003% from the amount of a transaction.” Further down the same page, the individual account detail tables give MT4 Fixed a “Minimal spread 1” and MT5 NDD a “Fee 0.005% from the amount of a transaction.” Both figures come from the same document, and it does not say which one is current.

What FIBO Group can do to an open position

On MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission and MT5 NDD, a footnote on the account comparison table states that pending orders, meaning Sell Limit, Buy Limit, Sell Stop and Buy Stop orders, are deleted automatically 180 days after they are placed. A trader who leaves a standing entry or protective order in place for longer than that has it cancelled without an active warning.

The trading rules published for the MT4 NDD account state that once equity, meaning the current balance including open positions, falls to or below 50% of the margin held against those positions, the dealer has the right, at its own discretion, to close any open position to bring margin back into line. The same rules state that over weekends and public holidays the margin requirement can rise from 1% to 3%, which cuts the maximum effective leverage to as low as 1:33, and that a client must bring open positions into line with the higher requirement at least 30 minutes before the trading session closes.

A separate footnote on the MT4 Cent contract specifications, published on the firm’s UK facing accounts page, reads: In the period from 23:55 till 00:15 EET (bank rollover) liquidity is reducing, spread, minimum distance of customer orders and processing time may be increased, trading switched to ‘close only’ mode, complete prohibition of new trading operations. For that twenty minute window each day, an MT4 Cent client can close existing trades but cannot open new ones.

The bonus and deposit promotions tied to these accounts

FIBO Group’s own homepage advertises a “Real Cash Bonus” of 30% on deposits up to $25,000. The bonus is credited as trading margin alongside the client’s own deposited funds rather than as free cash, and becomes withdrawable only at a rate of $5 for every standard lot traded, so a client who deposits and stops trading cannot simply withdraw it.

The firm’s UK facing fee page separately advertises a “No Fee Deposit” promotion of 0% commission that it says applies to any deposit, on any account, by any method, with the full transferred amount credited instantly. The same page adds: The company reserves the right not to compensate payment system fees or to cancel any previously compensated fees in case of detected abuses related to the ‘No Fee Deposit’ promotion. The same fee page also states that for cryptocurrency deposits the blockchain network transaction fee is not covered by the company, which sits alongside the page’s own claim of 0% commission on deposits by any method.

Negative Balance Protection

FIBO Group’s own account-comparison table sets a different stop-out level for almost every account type it offers, and the loss limit a trader is actually exposed to depends on which one they open.

Where FIBO Group closes a losing account

According to the account comparison table on the firm’s accounts page, MT4 Cent, MT4 Fixed, cTrader NDD and cTrader Zero Spread accounts carry a stop out level of 20%, while MT4 NDD, MT4 NDD No Commission, MT5 NDD and MT5 Cent accounts carry a stop out level of 50%. The same table sets leverage as high as 1:3000 on MT4 Cent, 1:5000 on MT5 Cent, and 1:1000 on cTrader Zero Spread (1:400 on metals), against lower caps of 1:200 on MT4 Fixed and 1:400 on the NDD accounts. A stop out level is the equity-to-margin ratio at which the broker begins closing positions, so the accounts combining the highest leverage with a 20% stop out give a losing trade the least room before FIBO Group intervenes.

FIBO Group’s trading rules for the MT4 NDD account, under Margin requirements, state it plainly: If «Equity» (current balance including open positions) becomes equal to or less than 50% of the margin held for open positions, the dealer has the right, at its own discretion, to close any open positions to maintain margin requirements. That closure is discretionary and unilateral. The client does not instruct it and is not asked to consent before it happens.

Weekend margin can move the trigger closer

The same Margin requirements section carries a separate clause for weekends and public holidays: During weekends and public holidays, margin requirements may increase from 1% to 3% (i.e. maximum leverage for this period would be 1:33); the client is obliged to bring open positions into line with the increased margin requirement at least 30 minutes before the trading session closes. In practice this cuts effective leverage from whatever the account normally allows down to 1:33 for the period, and it gives the client a fixed 30-minute window before the weekly close to either add margin or reduce positions. A trader running leverage near the account’s advertised maximum going into a weekend can be pushed toward the stop-out threshold by this rule alone, independent of any move in the underlying market.

The account pages add one more mechanic that interacts with drawdown management rather than causing it directly: on MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission and MT5 NDD accounts, pending orders, including Sell Stop and Buy Stop orders that a trader might use to cap a loss, are automatically deleted 180 days after being placed, with no active warning cited in the material we read. A stop order set once and left in place can therefore stop protecting a position well before the trader expects it to.

What FIBO Group’s material does not say

Between the account comparison table and the MT4 NDD trading rules, the pages we read describe when FIBO Group is entitled to force-close a position and by how much margin requirements can move against a client over a weekend. The earlier review reports a negative balance protection policy: FIBO Group absorbs any negative balance, resets the account to zero and does not ask traders to repay the shortfall. None of the FIBO pages we fetched states that policy, so it rests on the earlier review. That policy is stated specifically on the MT4 Fixed account detail card, and the pages we read do not confirm whether it extends to other account types. For a trader weighing worst-case exposure on a high-leverage, low-stop-out account such as MT4 Cent or MT5 Cent, that scope question is not resolved by the pages in this evidence set.

Trading Instruments

FIBO Group’s own account comparison table, at the firm’s UAE accounts page, lists nine account variants across three platforms. MT4 Cent and MT5 Cent open with a 1 cent minimum deposit and no CFD trading; MT4 Fixed, MT4 NDD, MT4 NDD No Commission and MT5 NDD each open at $50, with CFD trading on MT4 Fixed and MT4 NDD but not on MT4 NDD No Commission or MT5 NDD; cTrader NDD and cTrader Zero Spread also open at $50 and carry no CFD trading. MT4 Floating opens at $300 and also offers CFD trading, per the same page. Leverage varies sharply by account: MT4 Cent tops out at 1:3000 (1:25 on crypto), MT5 Cent at 1:5000, and the standard MT4 and MT5 NDD lines at 1:400. Stop out levels also differ by account, from 20% to 50%.

Instruments on offer, per FIBO Group’s own pages, are forex, spot metals, cryptocurrency, CFDs, and US stocks. The UK marketing page describes forex as “classic trading on the exchange rates difference” with spreads “from 0 points on,” CFDs as covering commodities, currencies and metals, and spot metals with the line “build your gold stock. Invest in precious metals.” None of these pages give a total count of tradable symbols; the account tables on the firm’s UAE accounts page state currency pair counts per account instead, ranging from 32 pairs on MT4 Cent, MT4 NDD and MT5 NDD to 43 pairs on MT4 Fixed, with US stocks capped at 50 names on the accounts that carry them and absent from MT4 Cent and MT5 Cent entirely.

Where FIBO Group’s own account pages disagree with each other

The same the firm’s UAE accounts page contradicts itself on pricing: the comparison table at the top states MT4 Fixed spreads run “from 2 pips” and MT5 NDD commission is “0.003% from the amount of a transaction,” while the individual account detail tables further down the same page give MT4 Fixed a “minimal spread 1” and MT5 NDD a fee of “0.005% from the amount of a transaction.” A reader working out actual cost from FIBO Group’s own page cannot tell which of the two figures applies.

Platform availability shows a similar split. The firm’s UAE platforms page (and the identical copies served under the au and id country codes) describe MetaTrader 5 as running on Windows and MacOS only, while the dedicated MT5 page at the firm’s UK platforms page describes full Android and iPhone/iPad app functionality for the same platform. Whether MT5 mobile trading exists depends on which of FIBO Group’s own pages a reader happens to land on. That same the firm’s UK platforms page also names the operating entity “FIBO Group Holdings” in its body text, where every page footer in this evidence set uses “FIBO Group, Ltd.”

Trading conditions carry contractual limits beyond spread and leverage. On MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission and MT5 NDD accounts, a footnote in the account comparison table on the firm’s UAE accounts page states that pending orders, Sell Limit, Buy Limit, Sell Stop and Buy Stop, are automatically deleted 180 days after being placed, with no warning mechanism described. The MT4 Cent contract specifications on the firm’s UK accounts page add a daily window: in the period from 23:55 till 00:15 EET (bank rollover) liquidity is reducing, spread, minimum distance of customer orders and processing time may be increased, trading switched to ‘close only’ mode, complete prohibition of new trading operations. For those 20 minutes each day, MT4 Cent clients can close existing positions but cannot open new ones.

The account terms on the firm’s UK accounts page for MT4 NDD also state that during weekends and public holidays, margin requirements may increase from 1% to 3%, cutting maximum effective leverage to as low as 1:33, and that the client must bring open positions into line with the increased margin at least 30 minutes before the trading session closes. The same terms give FIBO Group the right, at its own discretion, to close any open position once equity falls to or below 50% of the margin held for that position.

Instrument breadth is asymmetric across FIBO Group’s own country pages in a further way worth flagging: the id, th, vn, za, au, sg and gb root pages are byte identical templates of around 66 to 68 KB, differing only in the live quote figures shown in the forex and CFD widget. Country specific claims about markets or platforms on these pages describe a shared template, not something built per market.

This review’s previous score for FIBO Group was 4/10; this review scores it 5.0/10 overall, with platform scored at 7.9 and fees at 9 against regulation at 4.5, support at 5.3 and reviews at 5.2. We are restating that overall figure from the evidence gathered for this review, not from any change at the firm, since the scoring criteria and the evidence base both changed between the two reviews.

Education & Analysis

FIBO Group builds its trading stack mainly on third-party platforms, alongside its own FIBO Forex Drive app, whose charting the pages we read do not describe. The firm pairs specific account types to specific platforms rather than offering a single universal terminal.

What runs on MetaTrader and cTrader at FIBO Group

MetaTrader 4 covers the widest span of account types: MT4 Cent, MT4 Fixed, MT4 NDD and MT4 NDD No Commission all sit on MT4, according to the firm’s UAE accounts page. The dedicated MT4 platform page describes pre-configured terminals for Windows and macOS (including Apple M1/M2/M3 chips and macOS Monterey or later), and free Android and iOS apps. That same page lists MetaTrader Multi Terminal as a separate tool, letting a trader run several accounts at once and choose how profit is split between them. MetaTrader 5 carries the NDD and Cent account variants, and Indonesia’s root page describes the MT5 offer in more technical terms: NDD technology, market execution, fixed and floating spreads, a stated commission of 20 USD per million traded, and prices quoted to five decimal digits. cTrader gets two account types of its own, NDD and Zero Spread, both capped at ten open accounts per client per the firm’s UAE accounts page, and the Indonesian site adds that FIBO Group’s cTrader runs NDD technology for direct trading with international banks, adjustable proxy servers, and language support across 14 languages, with Windows, Mac, Android and iOS versions. Beyond the three core terminals, the trading-platforms navigation on the firm’s Indonesian home page also names cTrader Copy, cAlgo, cMirror and FIBO Forex Drive, though none of those four get any descriptive text in the pages fetched for this review, so what each one actually does beyond its name is not established here. A MetaTrader WebTrader browser terminal is also listed, with one-click trading, 30 indicators and 9 timeframes; this is MetaQuotes’ own web terminal rather than a platform FIBO Group built itself.

Where FIBO Group’s own platform pages disagree with each other

The generic platforms page served across the ae, au and id sites states MetaTrader 5 is available only on Windows and MacOS. The separate, dedicated MetaTrader 5 page describes full Android and iPhone/iPad app functionality for the same platform. Both pages belong to FIBO Group; a reader checking whether MT5 mobile trading is supported gets a different answer depending on which of the firm’s own pages is open. The same MT5 page also refers to the operating entity in its body copy as “FIBO Group Holdings,” a name that does not appear in any footer in this evidence set, where the entity is consistently given as “FIBO Group, Ltd.”

Trading rules that sit behind the charts

The platform experience is shaped by conditions set out in FIBO Group’s own account and contract pages, not just by which terminal a client picks. The MT4 NDD trading rules on the firm’s UK accounts page give the dealer the right, at its own discretion, to close open positions once equity falls to 50% of the margin held against them, with no further client instruction required. The same section states that margin requirements can rise from 1% to 3% over weekends and public holidays, cutting effective leverage to as low as 1:33, and that a client must bring positions into line with the higher requirement at least 30 minutes before the session closes. Separately, the account comparison footnote on the firm’s UAE accounts page states that on MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission and MT5 NDD accounts, pending orders such as Sell Limit, Buy Limit, Sell Stop and Buy Stop are automatically deleted 180 days after being placed, with no renewal warning described. The MT4 Cent contract specifications add a daily close-only window from 23:55 to 00:15 EET around the bank rollover, during which liquidity falls, spreads and minimum order distances can widen, and new trades are barred entirely, leaving only the option to close existing positions.

Taken together, the platform lineup is conventional for a multi-terminal CFD broker, MT4, MT5 and cTrader cover the standard bases, and this review’s platform score of 7.9 out of 10 reflects that breadth. What pulls against it is the pattern of the firm’s own pages contradicting each other on basic capability questions like MT5 mobile support, and a set of trading rules, forced liquidation at 50% equity, weekend margin swings to 1:33, and silent pending-order deletion after 180 days, that a client only finds by reading account-specific fine print rather than the platform marketing itself.

Special Offers

Our previous review of FIBO Group scored it 4 out of 10. This review scores it 5.0 out of 10. The move is ours: this rewrite uses current evidence and a different scoring breakdown (regulation 4.5, fees 9, platform 7.9, support 5.3, reviews 5.2), not a change in what the firm offers. Fees carries the highest mark of the set, and the promotional material below is a large part of why.

FIBO Group’s deposit fee promotion

FIBO Group’s own fee page describes a “No Fee Deposit” promotion: 0% commission, said to apply to any deposit, for any account, by any method, with 100% of the transferred amount credited to the trading account and reimbursement instant at the time of deposit. The same page states the company reserves the right not to compensate payment system fees or to cancel any previously compensated fees in case of detected abuses related to the ‘No Fee Deposit’ promotion. That is a one sided clawback clause: FIBO Group decides what counts as abuse, and can revoke a reimbursement already credited.

The same fee page carves out bank wire transfers specifically: deposits over $1,000 by bank transfer get bank fees compensated only up to $30, not reimbursed in full. And it carves out cryptocurrency: for BTC, ETH, USDT (TRC20), TRX, USDT(ERC20) and USDT(BEP20) deposits, the page states plainly that the blockchain network transaction fee “is not covered by the company.” That sits alongside the same page’s headline claim of 0% commission on deposits “by any method,” so a crypto depositor pays a network fee out of pocket despite the “any method” wording.

The Real Cash Bonus

FIBO Group’s own site (the ae-root promotions page) advertises a “Real Cash Bonus 30%”: an extra 30% credited on deposit, up to $25,000. The bonus is not free cash sitting in the account. It becomes withdrawable only at a rate of $5 per standard lot traded, and it trades as margin alongside the client’s own deposited funds in the meantime. A client who deposits and does not trade the required volume cannot simply withdraw the bonus amount; it is locked behind trading activity from the moment it lands.

What the fee page does not say

The evidence gathered for this review does not include a page from FIBO Group listing eligibility windows, expiry dates, or a full terms document for either promotion. What we can report is limited to what the deposit fee page and the promotions page themselves state: the deposit reimbursement mechanics and clawback right on one, and the lot based release schedule on the other.

Withdrawal fees sit outside the promotion

The “No Fee Deposit” promotion covers deposits, not withdrawals. According to our earlier review our evidence rewrites, card withdrawals run to 4.5% plus $1.20, while FIBO Group’s own gb fee page gives a different card withdrawal figure of 6% plus $2. Bank wire withdrawals are quoted at roughly $35 to $50 by both sources. Cryptocurrency withdrawal carries a 0.5% fee on the firm’s own fee page. None of these outgoing costs are offset by the deposit promotion; a client crediting funds for free can still pay to take them back out.

FIBO Group’s own fee page also states that a client must withdraw funds “in the same currency and by the same method” the account was credited with, under what it calls “Regulations on non-trading (Financial) transactions.” That restricts which withdrawal route a client can use regardless of any promotion in place, since the deposit method chosen locks in the exit method too.

Why this pulled the fees score up

A 0% deposit promotion across account types, paired with a bank fee reimbursement up to $30, is a genuine cost saving on the way in, and it is FIBO Group’s own page making that offer. The reasons this review does not treat it as unqualified good news are also on that same page: a clawback clause the firm alone administers, a crypto network fee carve out inside a promotion advertised as covering “any method,” and a cash bonus that only becomes withdrawable through trading volume rather than on request.

Opening an Account

FIBO Group, Ltd. is the entity behind the account-opening process, and its own accounts page names eight account types rather than one generic sign-up: MT4 Cent, MT4 Fixed, MT4 Floating, MT4 NDD, MT4 NDD No Commission, cTrader NDD, cTrader Zero Spread, MT5 NDD and MT5 Cent. The firm’s account comparison table gives a minimum deposit of one cent for the two Cent accounts, and $50 for MT4 Fixed, MT4 NDD, MT4 NDD No Commission, cTrader NDD, cTrader Zero Spread and MT5 NDD. A ninth option, the PAMM (Managed account), carries its own minimum deposit of $300 according to the same page. Islamic, swap-free variants are listed as available on MT4 Fixed and MT4 NDD.

What FIBO Group’s accounts differ on at signup

The account types are not interchangeable at the point of opening. MT4 Cent caps leverage at 1:3000 (1:25 on crypto) with a 20% stop-out and no CFD trading, while MT5 Cent goes up to 1:5000 with a 50% stop-out. MT4 Fixed runs on Market Maker execution up to 1:200 (1:20 on US stocks) and includes CFD trading, US stocks and PAMM eligibility; MT4 NDD instead offers No Dealing Desk execution up to 1:400 with a 50% stop-out. cTrader NDD and cTrader Zero Spread cap each client at a maximum of 10 open accounts. A prospective client choosing between these is choosing a different leverage ceiling, stop-out level and instrument list, not just a platform.

Restrictions on who may open an account with FIBO Group

FIBO Group’s own accounts page states that “services are not available to individuals residing in the United Kingdom, North Korea, and the United States,” with a fuller list said to sit in the Legal Documents section. Set against that, the pages we fetched also include a dedicated, localized UK page with a UK contact number, carrying the same restriction in its own footer. The pages we hold show both things at once: a published bar on UK residents and a UK-targeted marketing page existing side by side; we did not find anything reconciling the two.

Once an account is open, the firm’s own trading rules attach a further condition that affects standing orders rather than the sign-up step itself: on MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission and MT5 NDD, pending orders (Sell Limit, Buy Limit, Sell Stop, Buy Stop) are automatically deleted 180 days after being placed, per the footnote to the account comparison table.

Which entity a client actually signs up with

The contracting entity named across the pages we fetched is FIBO Group, Ltd., licensed by the Financial Services Commission of the British Virgin Islands. We searched the BVI FSC register directly and it lists FIBO GROUP, LTD. as regulated for Arranging Deals in Investments, Dealing as Agent and Dealing as Principal, which confirms the firm operates under BVI oversight; the register export carries no licence numbers, so the number “SIBA/L/13/1063” printed on the firm’s own pages remains the firm’s own claim rather than something we could match against the register text. A second reference number, 549364, appears on the firm’s legal-documents page next to the FSC licence but is only labelled “registration number,” with nothing on that page saying which registry issued it; we have not looked it up in the BVI company registry ourselves, so that is a gap in our checking, not a finding about the firm. Separately, one of the firm’s own platform pages refers to “FIBO Group Holdings” in body text describing MetaTrader 5 access, while every footer we fetched names the contracting party as “FIBO Group, Ltd.”, a naming inconsistency on the firm’s own site rather than evidence of a distinct entity. We also searched 1,441 warning-list entries mirrored from CySEC, the FCA and the FSC of Mauritius, and FIBO Group appears on none of them.

Deposits & Withdrawals

FIBO Group’s fee and payment page runs a “No Fee Deposit” promotion: 0% commission on deposits, on any account, by any method, with the full transferred amount credited to the trading account and reimbursement applied instantly at the time of deposit. The same page caps that generosity for bank transfers specifically: deposits over $1,000 by bank wire get bank fees compensated only up to $30. An earlier review of FIBO Group reported that bank wire deposits typically clear in 2 to 5 business days and that card deposits by Visa or Mastercard are instant and free.

What FIBO Group charges to deposit

The 0% deposit claim has a carve-out the firm’s own page states directly: for cryptocurrency deposits, the blockchain network transaction fee “is not covered by the company.” That sits awkwardly next to the same page’s headline promise of 0% commission “by any method”, a crypto depositor still pays the network fee out of pocket, regardless of what the promotion banner says. The promotion also comes with a clawback: FIBO Group’s fee page reserves the right not to compensate payment system fees or to cancel any previously compensated fees in case of detected abuses related to the ‘No Fee Deposit’ promotion, meaning a credited reimbursement is not guaranteed to stick if the firm later decides abuse occurred.

What FIBO Group charges to withdraw

Withdrawals are where the fee page and the earlier review diverge, and neither can be reconciled from what’s here, so both are reported. FIBO Group’s own fee page gives the credit card withdrawal fee as 6% plus 2 USD; the earlier review of FIBO Group put the same figure at 4.5% plus $1.2. On bank wire withdrawals the two line up: the firm’s fee page states “around 35-50 USD,” 3 to 5 business days, which matches the earlier review’s $35-$50 estimate over the same window.

For e-wallets and other payment systems, FIBO Group’s fee page states a single withdrawal fee of 2%, with a floor of “not less than 1 USD/EUR,” processed within 2 business days. The earlier review instead broke this out by provider, Skrill at 1%, Neteller at 2% with a $1 minimum, WebMoney at 3%, Qiwi at 3%, each cited at 1 to 2 business days, figures that don’t match the fee page’s flat 2% either. Cryptocurrency withdrawals are the one figure both sources agree on: a 0.5% fee, processed within minutes to hours according to the firm’s page.

Fees aside, FIBO Group’s fee page imposes a routing rule on where withdrawn funds can go: “it is assumed that the Client shall withdraw funds from its trading account in the same currency and by the same method the trading account of this Client was credited.” A client who funded by card cannot simply choose a bank transfer out, or a different currency, without going through whatever exception process that implies.

What else stands between a client and their funds

A few conditions outside the fee schedule narrow what a client actually gets to keep or access. The “Real Cash Bonus 30%” promotion advertised on the firm’s site adds 30% on deposits up to $25,000, but that bonus is withdrawable only at $5 per standard lot traded and trades as margin alongside the client’s own deposited funds in the meantime, a client who deposits and stops trading cannot withdraw the bonus amount as cash. Separately, on the MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission and MT5 NDD account types, FIBO Group’s account comparison page states that pending orders are automatically deleted 180 days after being placed, with no active warning noted on that page, a standing order left untouched for six months simply disappears. And the firm’s MT4 NDD trading rules give FIBO Group the right to force-close a client’s open positions once equity falls to 50% of the margin held against them, at the dealer’s own discretion, which is a mechanism that can crystallise losses and reduce what’s left to withdraw before a client has a chance to add margin.

PAMM (Managed) accounts carry their own separate threshold: the firm’s account page sets a $300 minimum deposit to open one, well above the $50 minimum quoted for its standard MT4/MT5/cTrader account types and the effectively-zero minimum on the Cent accounts.

Where this leaves the fees score

This review scores FIBO Group 5.0/10 overall, up from 4/10 in our previous assessment; fees score 9/10 here specifically. That move reflects what this section’s evidence actually shows: a genuine 0% deposit promotion running across all methods, a low 0.5% crypto withdrawal fee, and no fee at all on card or bank deposits. It is weighed against real friction found in the same material, the crypto network-fee carve-out that contradicts the “any method” promise, the clawback clause attached to the deposit promotion, the currency/method-matching rule on withdrawals, and the unresolved gap between the firm’s own card-withdrawal figure and the figure carried over from the earlier review. The number is our assessment of the current evidence, not a claim that FIBO Group’s terms have changed since the last review.

Customer Support

FIBO Group’s own pages give a support setup that is thin on live channels and inconsistent in how it addresses different regions. Contact details across the fetched pages consist mostly of phone numbers, with an Almaty branch office and a San Jose office address, plus a callback request option surfaced in site navigation. A 404 error page on the risk disclosure section directs users to “the Chat operator” for help finding trading conditions information, which is the only mention of live chat found in this evidence set.

Phone lines and offices

The ae and au pages list a UK format number, +44 (845) 09 50 118, and the ae accounts page separately gives 400 155 7215, described as free within region. The ae contact page adds a phone line for the Almaty branch office, +7 (727) 327 28 78, plus a toll free Kazakhstan number, 8 800 08 05 777, and a third number, 8 701 428 21 00. The same page lists a San Jose office address, 0108, Costa Rica, San Jose, Central Mata Redonda, Avenida 12, Calle 90, and an Almaty office address at Business Centre “Nurly Tau”, Al Farabi 17 Avenue. The contact page gives one email address for each office: service@fibogroup.com for San José and kz@fibogroup.com for Almaty.

What FIBO Group’s own pages do not show

The evidence gathered for this review does not include a support hours statement, a ticketing system, or a stated first response time on any fetched page. The callback request option is named in site navigation with no detail on how it is staffed. Live chat is referenced only once, in the text of a 404 error page, which does not describe its hours or scope either. This is what the pages we fetched contain, not a claim that other channels do not exist.

Terms that bind a client who has a dispute

Several contract terms found in FIBO Group’s own account and fee pages affect a client before any support conversation even starts. The MT4 NDD trading rules on the firm’s UK accounts page give the dealer the right, at its own discretion, to close any open positions once equity falls to 50% of the margin held for those positions, with no requirement to contact the client first. The same rules state that during weekends and public holidays, margin requirements can rise from 1% to 3%, cutting effective leverage to as low as 1:33, and the client must bring positions into line with the increased margin at least 30 minutes before the session closes or risk having them closed. On the account comparison table at the firm’s UAE accounts page, a footnote states that pending orders on MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission and MT5 NDD accounts are automatically deleted 180 days after being placed, with no active warning noted in the text.

On the fee side, the firm’s UK fees page states that the company reserves the right not to compensate payment system fees, or to cancel previously compensated fees, if it detects abuse related to the “No Fee Deposit” promotion, meaning FIBO Group can claw back a credited reimbursement at its own discretion. The same page states that a client is assumed to withdraw funds “in the same currency and by the same method the trading account of this Client was credited,” which restricts how a client in a payment dispute can get money out. A support conversation about a stuck or disputed withdrawal would run into this clause before anything else.

Where the evidence conflicts with itself

The 404 page’s advice to contact “the Chat operator” sits against a broader pattern in our evidence: every fetched footer, across the ae, au, gb, id, jp and de pages, states that FIBO Group’s services are not available to individuals residing in the United Kingdom, North Korea or the United States, and yet the site serves a fully localized UK page with the same +44 contact number listed above. A UK visitor reading that number would be contacting support for a broker whose own published terms say it will not take them on as a client. We note this because it is a live contradiction in the firm’s own material affecting who the phone line and callback option are actually for, not a claim about what FIBO Group intends.

Our previous score for support in this catalogue was part of an overall 4 out of 10; this review scores support at 5.3 out of 10 within a new overall of 5.0 out of 10. That move reflects our current assessment against current evidence, not a change in the firm’s conduct: the pages we fetched show phone numbers, office addresses and a callback option but no chat transcript, no hours, no ticketing system and a UK contact number sitting against a stated UK exclusion, which is the mixed picture the 5.3 figure reflects.

What the warning list check showed

We searched 1,441 warning list entries mirrored from CySEC, the FCA and the FSC of Mauritius, and FIBO Group appears on none of them. This is a clean result within the scope of what we checked, meaning only the regulators we mirror, not every regulator worldwide, and it is a separate matter from the support channels and contract terms described above.

Prohibited Countries

Two published sources cover this: the firm’s own pages and our earlier review, and they don’t fully agree.

What FIBO Group’s own pages say

The account-opening page states: “Our services are not available to individuals residing in the United Kingdom, North Korea, and the United States,” and adds that the full list of excluded jurisdictions sits in the Legal Documents section. The page points to a fuller list elsewhere on the site rather than naming every excluded country itself, so the three named above are what we can confirm from this page; a longer list may exist in the Legal Documents section but we did not fetch it.

The contradiction on FIBO Group’s own site

The United Kingdom exclusion sits oddly next to the rest of what the firm publishes. Our evidence notes that every footer fetched across the ae, au and gb versions of the site carries this same UK/North Korea/US exclusion, and that FIBO Group nonetheless runs a fully localized UK page, complete with UK-facing account and platform pages and a UK contact number (+44 845 09-50-118, per the accounts page for the au market and repeated on the id-targeted root page). A UK visitor lands on a page built for them, is given a UK phone number to call, and is told in the same site’s footer that the firm does not serve UK residents. We can’t resolve that contradiction from the pages themselves; we can only report that both things are true of the same site at once.

Worth noting separately: Our evidence also flags that the id, th, vn, za, au, sg and gb root pages are byte-identical templates, differing only in the live price-quote widget. The country-specific framing on these root pages, including where the UK restriction sits, is cosmetic rather than a genuinely localized legal notice.

What our earlier review adds

Our earlier review reported that FIBO Group operates a second entity, “FIBO Markets Ltd.,” said to hold a CySEC licence for European clients, though CySEC’s register lists no FIBO company, separately from the BVI-regulated “FIBO Group, Ltd.” entity. We did not find that entity, that CySEC licence, or any reference to it on any of the firm’s pages fetched for this review; every footer we saw cites only the BVI FSC licence, SIBA/L/13/1063, held by FIBO Group, Ltd. We report our earlier review’s claim as something an earlier review stated, not as something we confirmed, and readers relying on a CySEC-regulated EU entity existing should not treat that as established by anything FIBO Group’s own pages show here.

What we did not check

We searched the BVI FSC register directly and it confirms FIBO Group, Ltd. as licensed for dealing and arranging deals in investments, but that entry does not itself list which countries the firm is barred from serving; that comes only from the firm’s own pages described above. We also ran a warning-list search across 1,441 entries mirrored from CYSEC, the FCA and the FSC of Mauritius, and FIBO Group appears on none of them; a clean result on those three lists says nothing about country eligibility, only that the firm is not currently named on those specific warning lists.

Conclusion

FIBO Group, Ltd. clears one bar this catalogue cares about: the British Virgin Islands FSC register confirms it as a regulated entity, licensed under SIBA/L/13/1063 for Arranging Deals in Investments, Dealing as Agent and Dealing as Principal. It clears another: none of the 1,441 warning-list entries we mirror from CYSEC, the FCA and the FSC of Mauritius name it, and that search ran and returned nothing, which is a result and not a gap. Past those two checks, the picture published by the firm’s own pages is inconsistent in ways that matter to someone deciding whether to fund an account, and that inconsistency is what keeps the regulation, support and reviews scores down, and with only an offshore licence behind the firm the overall is set at 5.0 out of 10 despite strong fee and platform disclosure.

What the BVI FSC confirms, and what it does not

The FSC’s own export lists FIBO Group, Ltd. as regulated, but the export does not publish licence numbers, so “SIBA/L/13/1063” is the firm’s own claim rather than something we read off the register itself; that snapshot is also 35 days old and due for a refresh before anyone leans on it. A second number, 549364, appears on the firm’s legal page alongside the FSC licence and reads like a company registration rather than a financial authorisation, but the BVI company registry only answers a human in a browser, so we have not looked it up. That is a gap in our checking, not a finding about the firm, and it is why the registration line stays unresolved. Separately, our earlier review reported that FIBO Group also operates a CySEC-regulated entity, “FIBO Markets Ltd.”, serving European clients; none of the broker’s own pages we fetched across its UK, UAE, Australian or Indonesian sites mention that entity or a CySEC licence, so a reader relying on that claim for EU-level protections is relying on something our evidence could not corroborate.

What FIBO Group’s own pages get right on fees, and where they contradict themselves

The firm’s fee page states a “No Fee Deposit” promotion of 0% commission for any account, for any deposit, by any method, with the full transferred amount credited and bank-transfer deposits over $1,000 covered up to $30. The same page then carves cryptocurrency deposits out of that “any method” promise, stating plainly that the blockchain network fee “is not covered by the company”, and reserves the right to “cancel any previously compensated fees in case of detected abuses” of the promotion, which means the advertised reimbursement is not one a depositor can treat as locked in. Withdrawals carry real costs the deposit side does not: a card withdrawal runs 6% plus $2, a bank withdrawal is quoted around $35 to $50 over three to five business days, and payment-system withdrawals run about 2% with a $1 or €1 floor. A separate clause requires that funds be withdrawn “in the same currency and by the same method” the account was funded in, which limits how a client can get money back out regardless of what is cheapest at the time.

Platforms are wide but the broker’s pages disagree with each other

FIBO Group offers MT4, MT5 and cTrader across Cent, Fixed and No Dealing Desk variants, plus a proprietary FIBO Forex Drive app, and account minimums run from a single cent to $50 depending on the tier. Set against that breadth, the account comparison table on the firm’s own accounts page quotes MT4 Fixed spreads as “from 2 pips” while a detail table further down the same page gives “Minimal spread 1”, and does the same for MT5 NDD commission, listed as both 0.003% and 0.005% of transaction value on the same page. The platform pages disagree too: the standard platforms page describes MT5 as Windows and MacOS only, while the dedicated MT5 page describes full Android and iPhone/iPad apps, and the same MT5 page refers to the operating company as “FIBO Group Holdings” where every footer elsewhere says “FIBO Group, Ltd.” None of this is a warning-list or register finding; it is the firm’s own site not agreeing with itself on the numbers and the entity name a client is contracting with.

Trading terms that bind, and a UK contradiction worth flagging

The MT4 NDD trading rules give FIBO Group the right to force-close open positions once equity falls to 50% of margin held, at its own discretion. The same rules raise margin requirements from 1% to 3% over weekends and public holidays, cutting effective leverage to as low as 1:33, and require a client to bring positions into line at least 30 minutes before the session closes. On five account types, pending orders are deleted automatically after 180 days with no active warning cited. Separately, every footer in our evidence states that FIBO Group’s services are “not available to individuals residing in the United Kingdom, North Korea, and the United States,” yet the firm runs a fully localised UK page with a UK-facing phone number, which is a direct contradiction for a UK visitor being marketed to by a broker that says it will not take them on.

Our earlier assessment scored FIBO Group 4 out of 10. This review scores it 5.0, using a different breakdown of the same broker: regulation at 4.5 given the confirmed but offshore-only BVI FSC licence and the unresolved company-registry number, fees at 9 on the strength of the fee pages we fetched directly, platform at 7.9 for the range of terminals on offer, and support at 5.3 and reviews at 5.2 where the evidence is thinner. The move is this review’s own recalculation against current evidence, not a change in what the firm does.

FIBO Group holds a confirmed British Virgin Islands FSC licence, publishes detailed fee and platform pages, but pairs that with contradictory published terms and offshore-only oversight. This review scores it 5.0 out of 10.

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