Broker Review · last checked July 2, 2026
FIBO Group Review
A detailed examination of FIBO Group’s public account details, platform options, payment methods, and regulatory disclosures, focusing on what traders need to check before opening an account.
- Official broker website reviewed
- Regulatory disclosure checked
- Fees and funding information compared across official pages
- Conservative finance-topic analysis
FIBO Group at a glance
Listing status: Eligible With Caution · offshore, higher risk
Our verdict
There is enough public information to understand FIBO Group’s platform lineup, account types, and funding conditions. The BVI regulation and clear country restrictions are helpful disclosures. However, offshore regulation does not guarantee the level of protection seen in higher-tier jurisdictions. The key question is whether the broker’s account options, payment methods, and legal entity align with your personal risk tolerance and trading needs.
Pros and cons
Pros: a wide selection of platforms, various account types, low minimum deposits on some accounts, and a transparent deposit/withdrawal page showing fees and processing times. Cons: offshore regulation, restrictions for countries including the US and UK, and the necessity to confirm the precise legal entity and payment method before funding your account.
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Evidence notes |
|---|---|---|---|
| FIBO Group, Ltd. | Authorised investment business firm | FIBV FSC public register / broker legal page | BVI company no. 549364; FSC BVI licence SIBA/L/13/1063; address matches broker site. |
| FIBO Group brand website | Broker website / support centre | Official website | fibogroup.com legal pages disclose FIBO Group, Ltd. as contracting entity and list restricted countries. |
Key facts
| Topic | Publicly disclosed information |
|---|---|
| Platforms | MetaTrader 4, MetaTrader 5, cTrader |
| Minimum deposit | As low as 1 cent on some account types; 50 USD on other accounts |
| Account types | MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission, and others |
| Funding methods | Bank transfer, card, e-wallets, cryptocurrency-related methods |
| Withdrawal policy | Withdrawals are generally made in the same currency and by the same method used to fund the account |
| Official risk note | Forex trading involves significant risk and may not be suitable for everyone |
Availability and conditions can vary by account type and client jurisdiction.
Alternatives to FIBO Group
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
| 75.5 | FCA, CySEC, KNF | xStation, xStation mobile app | Readers who want a broker with publicly disclosed multi-jurisdiction regulation, Users who value transparent fee pages and entity-level lega | Read review | |
| 73.5 | CySEC, Securities Commission of The Bahamas | Proprietary web platform, Mobile app, TradingView | Readers who want a broker with clear public legal-entity and regulator disclosures, Users looking for a proprietary web/mobile platform plus | Read review | |
| 70 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (South Africa) | Colmex Pro 2.0, MT4, Web Trader | Readers who want a CySEC-listed broker with publicly verifiable entity details, Traders comparing U.S. equities-focused platforms and MT4 av | Read review | |
| 69.5 | FCA | Next Generation, MT4, MT5 | Traders who want a well-documented broker with clear public legal disclosures, Users who value proprietary platform depth alongside MT4/MT5 | Read review | |
| 68 | SEC, FINRA | IBKR Desktop, IBKR Mobile, Trader Workstation (TWS) | Experienced traders who want a broad platform lineup, Users who value detailed public disclosures, Clients who want multiple funding and acc | Read review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
External rating snapshot
| Source | Original score | Normalized /10 | Context |
|---|---|---|---|
| Not included | — | — | No reliable pair of public numeric third-party ratings was confirmed from the sources reviewed for this page. |
| Not included | — | — | Any ratings used here would need to be treated as sentiment context only, not as proof of safety or regulation. |
This page does not present an external-rating average because two independent numeric ratings were not confirmed from citeable public sources in the research set.
Funding methods summary
| Method | Officially listed public detail | Important caveat |
|---|---|---|
| Bank transfer | Deposits and withdrawals are listed; deposit fee shown as 0% on the official page, with processing times typically 2–5 days for deposits and 3–5 business days for withdrawals | Bank-side fees may still apply |
| Card | Card deposits show 0% on the official page; withdrawals are listed with a fee on the public table | Card availability and card issuer rules can differ |
| E-wallets | Neteller, Skrill, TC Pay, and VOLET appear on the official funding page | Fees vary by provider and direction of transfer |
| Crypto | BTC, ETH, USDT variants, TRX and related options appear on the official page | Blockchain network fees may apply and can change quickly |
Check the live funding page before depositing because payment availability can change.
Overview
FIBO Group operates as a multi-platform forex and CFD broker, offering accounts for MetaTrader 4, MetaTrader 5, and cTrader. According to its website, the broker is regulated by the Financial Services Commission in the British Virgin Islands under license number SIBA/L/13/1063. It explicitly excludes residents of the UK, North Korea, and the US from its services. Traders should note the broker’s low minimum deposit options on some accounts but must verify deposit, withdrawal, and product availability carefully depending on the entity and client location.
Safety and regulation
FIBO Group, Ltd. is registered in the British Virgin Islands and regulated by the FSC BVI under license number SIBA/L/13/1063, according to its official deposit and withdrawal page. The broker excludes UK, North Korean, and US residents from its services. While offshore regulation can be legitimate, it generally implies a different oversight standard than major onshore regulators. Always verify which legal entity you are dealing with and understand your options for complaints or compensation before depositing funds.
Fees, account types, and platforms
FIBO Group offers several MetaTrader 4 account variants and includes MetaTrader 5 and cTrader on its broader product pages. Minimum deposits range from as low as 1 cent on certain cent accounts to 50 USD on others. Some account types cater to different trading styles, such as fixed-spread or no-dealing-desk (NDD) models. Because spreads, commissions, and swap rates vary depending on account and market conditions, traders should review the specific account details rather than assuming uniform fees across all FIBO Group accounts.
Deposits and withdrawals
The broker supports bank transfers, cards, multiple e-wallets, and cryptocurrency-related methods, although availability and fees differ by payment option. A ‘No Fee Deposit’ promotion applies to some deposits, but withdrawal fees are charged on certain methods. Withdrawals typically use the same method and currency as the deposit. For crypto payments, network fees apply on some deposits and small percentage fees on some withdrawals. These costs often appear in the payment process rather than the trading platform, so they merit close attention.
Country availability caveat
FIBO Group’s site clearly states it does not serve residents of the UK, North Korea, or the US, and refers users to a restricted-country list in its documents. Even if you are outside these regions, it is important to confirm the legal entity, website version, and payment options available to your country before registering. Access can vary widely by entity, product, and payment provider.
Alternatives
If you prefer brokers regulated by top-tier authorities, start with firms authorised locally. For those considering offshore forex brokers, it’s wise to compare at least one other broker with a different legal entity, transparent funding conditions, and stronger regulatory oversight. Your ideal alternative depends on where you live, which platforms you prefer, and whether you prioritise low entry thresholds or tighter regulation.
How to verify FIBO Group before funding
Before funding, check the exact legal entity named in your client agreement and confirm the regulatory status matches the broker’s claims. Review the deposit and withdrawal methods you plan to use, and test customer support with a simple query. Beware of third-party websites claiming to represent the broker; cross-check any such claims against the broker’s official notifications page, which warns these sources can be unreliable.
Common questions
Is FIBO Group safe?
No broker can be considered entirely safe. FIBO Group discloses BVI regulation and lists country restrictions, but offshore regulation offers different protections compared to leading onshore regulators. The key is whether the broker’s entity, account type, and payment methods suit your risk tolerance.
What is FIBO Group’s minimum deposit?
Some accounts permit very low minimum deposits, such as 1 cent on a cent account and 50 USD on others. Minimums vary by account type, so check the details for the specific account you want to open.
Which platforms does FIBO Group offer?
FIBO Group offers MetaTrader 4, MetaTrader 5, and cTrader. Platform availability can differ by account type, so confirm the exact options before registering.
Does FIBO Group charge deposit or withdrawal fees?
The broker’s funding page notes a ‘No Fee Deposit’ promotion, but some withdrawal methods incur fees. Additional payment system, network, and intermediary bank charges may also affect your transactions.
Is FIBO Group available in the United States?
No. The broker explicitly states on its funding page that it does not accept clients from the United States.
How should I verify the broker before depositing?
Confirm the legal entity named in your client agreement, verify the license with the regulator, review account fees and leverage, and test your withdrawal method with a small amount before committing larger funds.
Check the details yourself
These are the pages we relied on. Read them before you open an account or send money anywhere.