FIBO Group Review 2026

Company Background

FIBO Group has operated since 1998 and is one of the older names in online margin trading. The broker is privately owned and operates through FIBO Group, Ltd., registered at 2nd Floor, O'Neal Marketing Associates Building, Wickham's Cay II, P.O. Box 3174, Road Town, Tortola VG1110, British Virgin Islands.

Its current regulated entity is authorized by the British Virgin Islands Financial Services Commission under Investment Business License SIBA/L/13/1063. The BVI regulator currently lists FIBO Group, Ltd. as a regulated entity.

Available Countries

FIBO Group operates internationally and supports English, German, Italian, Spanish, Portuguese, Polish, Ukrainian, Persian, Indonesian, Chinese, Arabic, Vietnamese, Thai, Malay, Turkish, and Russian on its website.

The current Client Acceptance Policy specifically restricts residents of Australia, Belgium, Russia, the United Kingdom, North Korea, and the United States. Sanctions-based restrictions also apply to persons covered by EU, UN, OFAC, and other relevant sanctions lists.

Trading Fees

FIBO Group uses both spread-only and commission-based pricing. MT4 Cent, MT4 Fixed, MT4 NDD No Commission, and MT5 Cent do not add a separate standard trading commission. MT4 NDD and cTrader NDD charge 0.003% of transaction value, while MT5 NDD charges 0.005%.

The cTrader Zero Spread account uses a different structure: spreads start from zero and commission is 0.012% of transaction value with a minimum charge of $1. This gives experienced traders several ways to choose between a wider spread and an explicit transaction fee.

Spreads and Commissions

The weighted average spreads are 1.1 pips for EUR/USD and GBP/USD averaged 1.5 pips. Gold averaged 3.5 pips and the S&P 500 CFD averaged 1.0 point.

Published minimums vary by account. Cent accounts start from 0.6 pips, MT4 Fixed starts from 1 pip, MT4 NDD No Commission starts from 0.8 pips, and the commission-based NDD accounts can start from 0.0 pips. The minimum is not the same as the typical live spread, especially during volatile sessions.

Deposit and Withdrawal Fees

FIBO Group does not charge a standard deposit fee and currently runs a No Fee Deposit arrangement that reimburses eligible payment-system charges. Crypto network fees are excluded from that reimbursement.

Withdrawals are different. Current examples include an average $35 to $50 bank-wire charge, a 2% Neteller fee with a $1 or €1 minimum, 1% for Skrill, 1.5% for Volet, and 0.5% on one crypto withdrawal option. Inwizo card withdrawals currently list 6% plus $2. The exact charge depends on the payment method selected in the client area.

Inactivity and Account Fees

FIBO Group does not charge an inactivity fee. An account can remain unused without a recurring dormant-account charge reducing the balance.

Bonus and Promotions

FIBO Group does not currently center its offer on a standard deposit or welcome bonus. Its promotions are more focused on cashback, PAMM participation, partner programs, and volume-based incentives.

The Introducing Broker program uses multi-tier compensation linked to trading volume generated by referred clients. PAMM also creates a separate profit-sharing structure between managers and investors, while cashback rewards can reduce effective trading costs for active clients.

Currency Conversion Fees

No separate broker currency-conversion fee is listed. Base-currency options are broad and include USD Cent, GLD Cent, EUR, USD, GLD, BTC, and ETH, depending on the account.

The flexibility is useful for traders who already hold crypto or want gold-linked account accounting. Not every base currency is available on every account, so this needs to be decided before opening the trading account.

Overnight and Swap Fees

Standard swap rates apply when eligible positions remain open past rollover. FIBO Group also provides Islamic versions of MT4 Fixed, MT4 NDD, and MT4 NDD No Commission.

The swap-free label needs context. Instead of daily swap, Islamic accounts currently apply a fixed weekly fee on positions still open from Wednesday into Thursday. The published rate is $100 per standard lot for currencies and $200 per standard lot for metals, with separate amounts for cryptocurrencies and US stock CFDs. For long holding periods, this weekly charge can matter more than the absence of daily swap.

MT4 Cent and MT5 Cent

Cent accounts are the lowest-entry setups and are designed for small-balance trading and robot testing. The broker currently lists opening amounts from 1 cent, a 0.01 lot step, floating spreads, and no trading commission.

MT4 Cent supports 32 forex pairs and 13 cryptocurrencies and reaches up to 1:3000 leverage. MT5 Cent uses the same basic Cent structure but can reach up to 1:5000 on eligible conditions. The maximum leverage applies to Cent trading and can decline as account equity grows.

Both Cent setups limit the number of open positions to 50 and total open volume to 100 Cent lots, equal to one standard lot. These limits make the accounts useful for testing but unsuitable for large-volume professional strategies.

MT4 Fixed

MT4 Fixed is the Market Maker account in the lineup. It starts from $50, uses fixed pricing on supported forex instruments, has no standard commission, and supports 43 currency pairs, 13 cryptocurrencies, and 50 US stock CFDs.

Maximum leverage is 1:200. The main reason to choose this account is price predictability rather than the highest leverage or tightest minimum spread. It also supports PAMM and an Islamic version.

MT4 NDD and MT4 NDD No Commission

The two MT4 NDD accounts use No Dealing Desk execution and start from $50. The standard NDD account can price from zero and charges 0.003% of transaction value. The No Commission version moves the cost into the spread instead.

Both support up to 1:400 leverage, 32 forex pairs, 13 cryptocurrencies, 50 US stock CFDs, and PAMM access. The No Commission account also supports BTC and ETH as account currencies in addition to EUR, USD, and GLD.

MT5 NDD

MT5 NDD starts from $50 and is built for traders who prefer the newer MetaTrader environment. It uses market execution, floating spreads from zero, and a 0.005% transaction commission.

The account supports 32 forex pairs, 13 cryptocurrencies, and 50 US stock CFDs. Forex leverage reaches 1:400, while metals use a lower 1:100 maximum on this setup.

cTrader NDD and cTrader Zero Spread

cTrader NDD starts from $50 with 33 forex pairs, market execution, spreads from zero, and 0.003% commission. Maximum leverage is 1:400.

cTrader Zero Spread also starts from $50 but raises maximum forex leverage to 1:1000 and uses the higher 0.012% commission structure with a $1 minimum. It does not provide the same crypto or US stock range available on the MetaTrader NDD accounts.

PAMM and Islamic Accounts

PAMM is one of FIBO Group's strongest differentiators. Traders can participate as managers or investors, and eligible MT4 accounts support managed-account structures. The minimum deposit to open a managed PAMM account is $300.

Islamic access is limited to selected MT4 account types and uses a weekly fixed-fee model instead of standard overnight swap. This is important for traders who need Sharia-compliant treatment but still plan to hold positions for several days.

Signup Process

Registration starts online or through FIBO Forex Drive. The client provides contact details, confirms email and phone information, completes the required questionnaire, selects a trading account, and funds it through the client area.

Verification Requirements

KYC requires client-identification checks and can include proof of identity, proof of residence, source-of-funds information, and additional economic-profile details when required.

FIBO Group's current acceptance policy allows simplified treatment for some lower-value transactions, but full due diligence can still become mandatory before withdrawals or when linked transactions and risk checks cross regulatory thresholds. During our account review, completing verification early was the safer approach than waiting until a withdrawal triggers it.

Minimum Deposit

Cent accounts can be opened from 1 cent. Most MT4 NDD, MT4 Fixed, MT5 NDD, and cTrader accounts currently start from $50, while a managed PAMM account requires $300.

How Long Account Approval Takes

FIBO Group does not publish one guaranteed approval time for every client. Timing depends on the verification level required, document quality, client risk category, and whether additional due-diligence information is requested.

Forex Pairs

The forex range depends on the account and runs from 32 to 43 currency pairs. Major, minor, and selected exotic pairs are available, with both fixed and floating pricing models.

Metals and Commodities

Gold and other metals are available on supported account types, along with commodity CFDs. Margin conditions vary by platform and account, and metals can have a lower leverage ceiling than forex on NDD setups.

Indices

Index CFDs are available through supported MetaTrader accounts. FIBO Group applies contract-specific margin and trading-hour rules, so index positions should be sized from the instrument specification rather than from the forex leverage setting.

US Stock CFDs

FIBO Group offers CFDs on 50 major US stocks on selected MT4 and MT5 accounts. Maximum stock-CFD leverage is up to 1:20.

These are derivatives, not directly owned shares. There is no separate real-stock custody account, so long-term investors do not receive normal shareholder ownership or voting rights.

Cryptocurrencies

Up to 13 cryptocurrency CFDs are available on supported MetaTrader accounts. Crypto leverage is normally much lower than the forex maximum and can be reduced further around weekends, holidays, or periods of increased margin requirements.

Leverage and Trading Limits

Leverage varies sharply by account. The highest ratio is reserved for Cent trading, while MT4 Fixed is capped at 1:200, standard NDD accounts generally reach 1:400, and cTrader Zero Spread reaches 1:1000 on forex.

The reviewed general margin-call level is 150%. Stop-out rules are account-specific: MT4 Cent, MT4 Fixed, cTrader NDD, and cTrader Zero Spread currently use 20%, while the MT4 NDD, MT4 NDD No Commission, MT5 NDD, and MT5 Cent setups use 50%. FIBO Group can also raise margin requirements before weekends, holidays, and trading gaps.

MetaTrader 4

MT4 is available on desktop, web, Android, and iOS. It supports market orders, Buy Limit, Sell Limit, Buy Stop, Sell Stop, Stop Loss, Take Profit, trailing stops, one-click trading, custom indicators, and MQL4 Expert Advisors.

In our platform check, MT4 offered the widest choice of FIBO account structures because traders can choose Fixed, Cent, NDD, NDD No Commission, PAMM, and Islamic variants. One operational detail is easy to miss: pending Buy Limit, Sell Limit, Buy Stop, and Sell Stop orders on several MetaTrader account types are automatically removed after 180 days.

MetaTrader 5

MT5 supports market orders, Buy Limit, Sell Limit, Buy Stop, Sell Stop, Buy Stop Limit, Sell Stop Limit, Stop Loss, Take Profit, trailing stops, Depth of Market, and automated trading through MQL5.

The platform provides 21 timeframes and a larger analytical toolkit than MT4. It is the more practical choice for traders who want modern strategy testing, stock CFDs, or the high-leverage Cent configuration.

cTrader

cTrader supports market, limit, stop, and stop-limit orders, along with Stop Loss, Take Profit, trailing stops, Depth of Market, and automated strategy tools. It is available through desktop, web, iOS, and Android.

FIBO Group positions cTrader NDD for experienced scalpers who want market execution and depth-of-market information. Positive and negative slippage can occur because market orders are filled at the best available price rather than a guaranteed displayed quote.

Copy Trading, API, and VPS

Copy trading is available through cTrader Copy and MetaTrader signal services. cTrader Copy allows clients to allocate money to one or more strategy providers while retaining control of the account.

API trading and VPS hosting are also supported for suitable trading setups. Public eligibility details are limited, so traders who depend on a specific API connection or always-on VPS should confirm access for the chosen account before transferring an automated strategy.

FIBO Forex Drive

FIBO Forex Drive is the broker's account-management app rather than a standalone trading terminal. It handles registration, KYC, deposits, withdrawals, account management, market news, analysis, an economic calendar, and access to the installed or web trading platform.

This distinction matters. The app makes account administration easier, but actual order functionality still depends on MT4, MT5, or cTrader.

Research and Charting Tools

Research includes Market Analysis, an economic calendar, trading-session information, interest-rate data, financial-instrument pages, US stock coverage, and a quote archive. MetaTrader and cTrader add the deeper technical-charting layer.

During our research check, the useful part was the mix of current market analysis and historical reference tools rather than a single premium third-party research package.

Educational Resources

Educational material includes Forex for Beginners, FAQs, a glossary, and a Trading Basics course available through FIBO Forex Drive. The app course uses short lessons, quizzes, and a completion certificate.

The education offering covers the basics well enough for a new trader to learn platform and forex terminology, but the broker's more complex NDD, PAMM, and commission structures are better suited to users who already understand trading costs.

Payment Methods

Current payment options include bank wire, card-based processing, Neteller, Skrill, Volet, BitPay, Raidospare, and supported cryptocurrencies. The methods shown in the client area depend on country and account eligibility.

Third-party payments are not accepted. The name and payment details should match the verified FIBO Group account, and withdrawals generally follow the same payment method used for funding.

Deposit Times

E-wallet and card deposits are normally credited automatically after the payment is received. BitPay and Raidospare crypto deposits are also listed as immediate after confirmation.

Bank wires are slower. It takes two to five business days for bank transfers.

Withdrawal Times

Neteller and Skrill withdrawals can arrive within minutes after FIBO Group completes the withdrawal request. Crypto transfers range from several minutes to several hours, depending on the method and network.

Bank wires normally take three to five business days. Card timing depends on the processor and the receiving financial institution.

Withdrawal Limits

Minimum and maximum withdrawal amounts depend on the selected payment provider. FIBO Group does not publish one universal limit that applies across cards, bank transfers, e-wallets, and crypto.

Support Channels

Support is available 24/7 through live chat, email, phone, and a call-back request. The main support email is [email protected], and the phone number is +44 (845) 09-50-118.

Response Times

During our support timing check, live chat took about two to five minutes, phone support three to eight minutes, and email around six to 24 hours.

Support Quality

Chat is the better option for basic account, platform, and funding questions, while email is more suitable when documents or transaction details are involved. The broad language coverage is useful, but public user reviews show that complex account problems can take longer to resolve than ordinary support requests.

Languages Available

Support languages include English, Arabic, Chinese, Farsi, French, German, Indonesian, Italian, Malay, Polish, Portuguese, Russian, Spanish, Thai, Turkish, Ukrainian, and Vietnamese.

Positive User Reviews

Positive Trustpilot feedback is limited because the profile has a small sample. The most recent five-star review was brief and focused on trust rather than a detailed trading or withdrawal experience.

very nice and trust

Negative User Reviews

Negative feedback is more detailed and includes complaints about execution, stock-CFD position handling, account access, verification, and customer-service responses. These are individual user allegations and should not be treated as independently verified trading results.

Execution time 500msc, spread in gold 8cents. Just waste of time.

Common FIBO Group Complaints

• Users reporting slow resolution of account-access or profile-change requests.
• Complaints about trade execution and position handling during specific market conditions.
• Disputes involving verification or the inability to complete internal account actions.
• Clients saying complex complaints received repetitive or general support responses.

Trustpilot and App Store Ratings

Verification Issues

Verification can become more demanding when the broker needs proof of residence, payment evidence, or additional source-of-funds information. Some complaints focus on restrictions that remained in place while account details were being reviewed.

The practical approach is to complete KYC before building a large balance and keep payment records available. That reduces avoidable delays when a withdrawal or profile change requires another compliance check.

Platform Problems

User complaints include execution speed, unexpected position handling, and account-access problems. FIBO Group's NDD platforms use market execution, so positive and negative slippage can occur when the requested price is no longer available.

Stock CFD traders also need to read corporate-action rules carefully. FIBO Group can close relevant CFD positions before ex-dividend dates or stock splits and cancel pending orders under its published stock-CFD policy.

Best Alternative for Beginners

AvaTrade is the stronger beginner alternative for traders who want structured education, straightforward platform access, and a less complicated path into forex and CFD trading. Its AvaAcademy provides guided learning material for beginners, while traders can use its proprietary platforms or MetaTrader 4 and MetaTrader 5.

FIBO Group has excellent Cent-account flexibility, but its combination of NDD, fixed, commission-free, cTrader, PAMM, and multiple base-currency structures requires more comparison. AvaTrade is easier to approach when educational support and a simpler overall trading setup matter more than account engineering.

Best Alternative for Low Fees

Fusion Markets is the stronger low-fee alternative for traders who prioritize tight spreads and competitive commission pricing. Its Zero account offers spreads from 0.0 pips with a $2.25 commission per side per standard lot, while its Classic account uses commission-free pricing with the trading cost included in the spread.

FIBO Group offers more execution and account-model variety, but some of its lowest-spread accounts add percentage-based commissions and its Islamic structure can involve additional fees. Fusion Markets is easier to compare when keeping the overall forex trading cost low is the main priority.

Best Alternative for Advanced Traders

Pepperstone is the stronger advanced alternative for traders who prioritize deeper regulatory coverage, TradingView access, cTrader, MetaTrader, and a more modern professional platform ecosystem.

FIBO Group remains stronger for traders specifically interested in PAMM management, Cent accounts, or crypto-denominated base currencies. Pepperstone is the better fit when regulatory depth and platform integration take priority.

Best Alternative for Forex or CFD Trading

FP Markets is the stronger forex and CFD alternative for traders focused on raw pricing, fast execution, and access to MetaTrader, cTrader, and TradingView. Its Raw account offers spreads from 0.0 pips with commission-based pricing, while the Standard account provides commission-free trading with wider spreads.

FIBO Group provides more account-model variety, including fixed-spread and PAMM options. FP Markets is easier to evaluate when the main objective is active forex and CFD trading with a straightforward choice between Standard and Raw pricing.

FIBO Group for Beginners

Beginners benefit most from the Cent accounts, demo trading, Forex for Beginners material, glossary, and the Trading Basics course in FIBO Forex Drive. The Cent structure allows strategy testing with very small monetary exposure.

The broker becomes harder to navigate once a beginner moves beyond Cent trading because commission models and margin rules differ across platforms. New traders should choose the account structure before comparing leverage.

FIBO Group for Day Trading

Day traders have several useful choices: MT4 NDD, MT4 NDD No Commission, MT5 NDD, cTrader NDD, and cTrader Zero Spread. Scalping, hedging, and news trading are allowed.

The key decision is whether to pay a transaction commission for tighter quoted pricing or use a wider spread without a separate fee. cTrader also gives active traders depth-of-market information and market execution.

FIBO Group for Forex Trading

Forex is FIBO Group's strongest market because the broker supports fixed spreads, NDD execution, Cent trading, PAMM, MetaTrader, cTrader, Expert Advisors, and several account currencies.

The range is more useful to an experienced forex trader than a one-size-fits-all account. A scalper, robot trader, PAMM manager, and swing trader can each choose a different structure without leaving the broker.

FIBO Group for Long-Term Investors

FIBO Group is less suitable for conventional long-term investing because its US share exposure is provided through CFDs rather than a dedicated stock-ownership account.

Investors also need to consider overnight financing and corporate-action rules. FIBO Group can close stock-CFD positions around selected ex-dividend dates and splits, which is very different from holding shares in a securities account.

FIBO Group for Crypto Trading

Crypto CFDs are available on several MetaTrader accounts, and some account types can use BTC or ETH as a base currency. This is useful for traders who want crypto-linked account accounting without moving between a CFD broker and an exchange.

The product remains a leveraged derivative. Crypto positions do not provide private-key ownership, and margin requirements can be increased around weekends or volatile periods.

Licensing and Regulation

FIBO Group, Ltd. is regulated by the British Virgin Islands Financial Services Commission under Investment Business License SIBA/L/13/1063. The BVI FSC registry currently lists the company as a regulated entity.

The license confirms legal oversight, but the BVI framework does not provide the same retail-investor safeguards normally associated with major Tier 1 regulators. That distinction is important for clients deciding how much capital to keep with the broker.

Security Features

FIBO Group uses KYC and client due-diligence procedures, payment-name matching, secure account-management systems, and protected servers for FIBO Forex Drive.

The broker also applies negative balance protection and keeps client money separate from company operating funds. These measures reduce operational risk but do not remove market or counterparty risk.

Investor Protection

There is no statutory investor compensation scheme for the BVI account reviewed here. If the broker failed, clients would not have a government-backed compensation fund equivalent to those available in some European jurisdictions.

Negative Balance Protection

Negative balance protection is provided and is designed to prevent an eligible account from remaining below zero after extreme price gaps or slippage.

Segregated Client Funds

FIBO Group states that client funds are kept in separate client accounts rather than mixed with normal company operating money. FIBO Forex Drive also identifies segregated client accounts as part of its account-security setup.

FIBO Group is strongest for experienced forex traders who want control over execution model, platform, commission structure, base currency, and managed-account access. Few brokers combine MT4, MT5, cTrader, fixed pricing, NDD accounts, Cent trading, PAMM, copy trading, and crypto-denominated account currencies in the same lineup.

That flexibility also creates the broker's biggest practical weakness. Choosing the wrong account can mean a different commission, leverage ceiling, stop-out rule, or market range than expected. Traders need to compare the account specification before depositing rather than relying on one headline condition.

Regulation is the other major limitation. FIBO Group is a long-established and currently regulated broker, but BVI oversight and the absence of an investor compensation scheme make it a better fit for traders who prioritize account flexibility over top-tier legal protection.