This FIBO Group review evaluates the broker’s global regulatory coverage, account types, platform access, and institutional-grade services. With a legacy dating back to 1998, FIBO Group serves both retail and professional traders through offshore and EU-regulated branches, offering competitive spreads and deep liquidity via multiple execution models.

Regulation and Safety

FIBO Group operates under two primary regulatory entities:

• FIBO Group Holdings Ltd – regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 118/10
• FIBO Group Ltd – registered in the British Virgin Islands (BVI), registration number 365760

CySEC regulation ensures MiFID II compliance, client fund segregation, and eligibility for the Investor Compensation Fund (ICF) with protection up to €20,000. The BVI entity offers higher leverage and broader product access but lacks formal investor compensation schemes.

Execution Model and Trading Platforms

FIBO Group offers a hybrid model with STP, ECN, and market maker execution depending on account type. Supported trading platforms include:

• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)
• cTrader

Platforms are available on desktop, web, and mobile. The cTrader ECN suite supports depth of market (DOM), one-click execution, and advanced analytics. FIX API is offered to institutional clients, and VPS hosting is available on request.

Markets and Instruments

FIBO Group provides over 250 instruments across the following asset classes:

• Forex (major, minor, exotic pairs)
• Commodities (gold, silver, oil, gas)
• Indices (US, EU, Asia)
• Cryptocurrencies (BTC, ETH, LTC, XRP – CFDs)
• Stocks (CFDs on major US and EU companies)

Accounts, Spreads and Leverage

FIBO Group offers multiple account types tailored to trading style and execution preference:

• Cent Account: Fixed spreads, MT4 only, low deposit, for beginners
• Fixed Spread Account: Market maker execution, spreads from 2 pips, no commission
• MT4 NDD Account: STP execution, spreads from 0.8 pips, no commission
• MT4 NDD No Commission: Spreads from 1.0 pips, no commissions
• cTrader NDD: ECN pricing, spreads from 0.0 pips + $6 commission per lot
• MT5 NDD: STP via MT5 with raw spreads and low commission
• Islamic Account: Swap-free available on select accounts

Leverage is up to 1:30 under CySEC and up to 1:1000 under the BVI entity. Stop-out levels vary by account but are typically set at 20–50%.

Funding and Base Currencies

FIBO Group supports multiple funding options:

• Bank wire transfers
• Visa/Mastercard
• Skrill, Neteller, WebMoney, Perfect Money
• Crypto wallets (BTC, ETH, USDT)

Base currencies include USD, EUR, GBP, CHF, BTC. Deposits are typically processed within hours, while withdrawals are completed in 1–3 business days depending on the method and regulatory entity.

Client Protections and Features

Protections vary based on the entity chosen:

• CySEC: ICF coverage up to €20,000
• BVI: No compensation scheme, but negative balance protection provided
• Segregated client funds and account encryption
• 2FA support and dedicated account managers
• Regulatory audits (EU only)

Institutional and Retail Offering

FIBO Group caters to both retail and professional clients:

• Retail: Wide account variety, MT4/MT5/cTrader access, bonus programs
• Institutional: FIX API connectivity, deep liquidity ECN, white-label programs, managed accounts

The broker supports algorithmic and high-frequency trading strategies with raw pricing and advanced execution tools.

Pros and Cons

Pros

• CySEC and BVI regulatory options
• Supports MT4, MT5, and cTrader
• ECN/STP execution with FIX API
• Diverse account types and crypto CFDs
• Cent account and low-deposit options for beginners

Cons

• BVI entity lacks formal investor compensation
• Limited educational content for beginners
• EU leverage capped at 1:30

Frequently Asked Questions

Is FIBO Group regulated?

Yes, FIBO Group Holdings Ltd is regulated by CySEC (license 118/10), while FIBO Group Ltd operates under BVI registration for international clients.

What platforms does FIBO Group offer?

FIBO Group supports MetaTrader 4, MetaTrader 5, and cTrader across all devices.

What is the minimum deposit at FIBO Group?

The minimum deposit starts at $1 for Cent accounts and varies by account type, reaching $300+ for ECN options.

Does FIBO Group support crypto trading?

Yes, FIBO Group offers cryptocurrency CFDs including BTC, ETH, and LTC, along with crypto deposit options.

Are Islamic accounts available at FIBO Group?

Yes, swap-free Islamic accounts are available on request for several account types.