2.079 · 31 REVIEWS
Updated: May 3, 2021 · Visit site  · Is this your company?

Fibo Group is forex brokers. FiboGroup offers the MetaTrader4, MetaTrader5 and cTrader top forex trading platforms. offers over 55 currency pairs, gold, silver, bitcoin and other cryptocurrencies for your personal investment and trading options.
Related sites include

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 1000:1
Minimum to Open Live: $1
Established: 1998
Address: 29 Agias Zonis, 1st Floor, 3027, Limassol, Cyprus
Contact:, +357 25 030 930
Regional offices:
Regulators: BVI FSC #SIBA/L/13/1063
Prohibited countries:
Trading platforms: MT4, MT5, cTrader
Web Trading: Yes
Mobile Trading: Yes
ECN: Yes
Currencies: (60+)
Cryptocurrencies: (20+) Bitcoin, Litecoin, Ethereum
CFD: (5+) Gold, Silver
EAs/Robots: Yes
News Spike Trading: Yes
Scalping: Yes
Deposit Methods: Bank Wire, BitPay, Blockchain, CASHU, Connectum, DixiPay, ecoPayz, FasaPay, Neteller, PaySafe Card, RegularPay, Skrill, WebMoney
Withdrawal Methods: Bank Wire, Bitcoin, Connectum, DixiPay, Neteller, Qiwi, RegularPay, Skrill, WebMoney

Live discussion

Join live discussion of on our forum

Go to forums


Your company video here? Contact ad sales

2.079 · 31 REVIEWS
Forex Peace Army

Let other traders know if this service is worth checking or should be avoided.

Your feedback matters!

Traders Reviews

Moscow, Russian Federation,
Apr 29, 2018,
Registered user

Its a big scam, they can close account at any time. Russian-speaking clients even a special site opened with historys - Russian office (Moscow) was closed.
  1 trader has found this review helpful
Tampa, FL, USA,
Nov 23, 2017,
Registered user

Has company closed down?

I sent 4 emails on 4 different occasions and not one of these emails was responded to (2 in one office, and 1 to the other 2 offices). It was just general questions on a account type (nothing hard). There is never anyone available on chat. I think this company has shut down. If it is not shut down, I could still not advice anyone to open an account here as they do not respond to the most basic of questions.
  1 trader has found this review helpful
John Miller,
Oct 16, 2017,

100% SCAM Broker.... Old positive reviews are all by employees and affiliates

Today I am officially scammed by FIBO group.

I asked them for evidence about the corrupt ways they stopped my trades out. But they replied with:

"As for your request for the official statement from a liquidity provider we should kindly notice that there are no such kind of the obligation of the Company in regulatory documents. According to the paragraph 5.2 of the "Notice of risks", published on the official website of FIBO Group (, "The Client acknowledges that the single reliable source of information on the quotation feed shall be the principal server servicing the actual Clients of the Company."


IF you want to get scammed and have the broker decide whatever they want without giving any evidence. This is your broker.

May 29, 2017 - 1 Star I don't know why I am forced to give one start at the minimum.
These scammers deserve zero stars to be counted on their ratings average. Now 1 star is added to their ratings average.

I'm a Pro trader and got introduced to this broker by a friend who's not a successful trader. I said I don't waste time on offshore brokers but this friend insisted. At some point I just decided to use Fibo for testing and open a very small account. 1K-2K

I went for the NDD account. In no time I figured out while my server was in the UK they were kicking me off of their UK server and hooking me up to the German server. So, I moved to a VPS in Germany close to their server. Guess what?! They kicked my MT4 off of their German server and hooked me up to their UK server. Than I set up a VPS in Amsterdam and connected my MT4 to FIBO MT4 server in Amsterdam/Netherlands. Guess what?! I am kicked of many times and hooked up to their Singapore server with latency of 500 ms, while the Amsterdam server has 8 ms latency.
I have even used VPS that are used by institutional traders, and even with them FIBO kicks me off of their server and attaches my terminal to a server that is further away.

Do you want me to talk about their slippage and other execution issues? These guys are criminals. I asked them to provide evidence from their liquidity provider about a trade. But they said for privacy reasons if an issue arises they will judge themselves what went wrong and will NOT provide evidence from the liquidity provider. This is pure criminal activity that is set up for money laundering. They have to show evidence of their LP when an investor/trader asks. But FiBo claims they are the ones who will decide about an issue without giving evidence.

Back to the MT4 server manipulation where no matte how close you find a VPS near to their MT4 server they keep kicking you off of the closest server and hook you up to a distant server. Why would a broker claiming to be NDD want to route your trade to some far place? Well, brokers, especially market makers, use 3rd party services that handle the trades. Those 3rd party companies do high frequency trading and scalp away 1-3 pips extra with each buy/sell trade. They do this by increasing spreads or slippage. When opening a trade they make 1-3 pips and when closing a trade they make 1-3 pips (on main pairs).

I also used TradeProofer to analyze the trades and ohh boy.... FiBO price quotes are at ALL times worse than the average of other brokers in the TradeProofer Database.

I can count it as one of my dumbest (two) actions in my trading career to believe an amateur trader just because its a friend.

CySec needs to force these brokers to declare their LP's and provide information about which 3rd party intermediaries they use. That is the only way CySec can stop Russian maffia to keep opening brokerage firms on their island. I'm glad recently CIA/Interpol started taking care of Binary Options brokers, but these guys should be next.
May 5, 2017,
Registered user

Fibo is generally good after 3 years... withdrawal of profits remains to be known

I have been with FIBO group for almost 3 years now. As they say on the live trading account they have no requotes, pending orders do get executed. But I do have reservations:
1. I have observed abnormal spikes that do not exist with any other brokers. Prices that are nowhere else they explained this as stemming from their liquidity providers.
2. I have only had to withdraw once it was a small amount and it was not profit. The withdrawal came faster than the days they put out as 5 for bank transfers. It was in my account the second day.
3. Their support are often curt but not overly unpleasant and they always respond nonetheless. Here am talking about the technical support team for elevated response. The normal support is almost immediate in chat but you would notice they are all East European or Russian.
4. I plan to stay with them, I don't know if there will be problems if I start making profits and trying to withdraw that. That is the only and most important distinguishing aspect of a broker for me. They already proved they are efficient at giving back money. Hope that will be the same with withdrawals of profit
Mannheim, Germany,
Apr 4, 2017,

Good Choice

My experience with is fine. Trading PAMM account since November 2016.
Execution is fine, spreads are fine, getting positive SWAPS. Overall good Broker.
The Trader under me, what type of account did you use or Platform? Never had issues with such things as mentioned.
Regards from Germany
spain, Spain,
Mar 31, 2017,

Full Scam

money hunter , thats not a broker , plattform horrible and slow , spreads changing constantly and a real fraud with margin level . Worse broker i tested similar to FXTM another money collector
Feb 13, 2017,
Registered user

StabilityFX - Full time trader
I am happy with Fibogroup Holdings, joined them 6 months ago, good spreads and execution, PAMM account system with real time reporting, money is segregated in Germany, makes me deposit and withdraw for free and same day. No sales calls, very good support and help. Will recommend this broker.
London, United Kingdom,
Jan 30, 2017,


I trade with Fibo Group last few months, before i have traded with Pepperstone. Fibo has faster executions, fast withdrawals(max 2-3 days), NO REQUOTES.. Bank account is in Germany(not in Cyprus, so is safe;)). Good contact with customer support and manager. Only one minus- negative swaps, but usually I do not leave opened position for night.
General, very good broker. Good luck!
Munich, Germany,
Jan 10, 2017,
Registered user

Good for Major- and Minor-Forex-Pairs, best in GOLD

NDD and fixed Spreads for Major-Pairs are little better than customary in the market (EUR/USD ~0,7 Pips). Usually no commission and good Swap-conditions for intraday and swing-trader. MT4-liquidity is better than most CY-brokers, avarage more than 200 lots a day in EUR/USD. You can also find many Minor-Pairs with real good conditions, for example EUR/JPY ~1,1 Pips, EUR/CHF ~1,1 Pips, AUD/NZD ~0,9 Pips... I also trade GOLD at Fibo because of best market spread of ~0,14$. There are other brokers with similar spreads but they have bigger avarage slippage. Good trades @all
Cyprus, Cyprus,
Sep 24, 2016,

Good conditions, real PAMM reporting system, can be trusted, NDD accounts, average execution. Negative is that they don't give positive swaps, regardless the rates out there, you pay if you keep positions opened.

Withdraws same day and money is in German Bank, which is good and secure.

Possibility for partners are perfect as even beginner can join PAMM with small amount and use the knowledge of the PAMM manager, profits are distributed automatically also there are PAMM agents, so you can profit multiple ways.

Cons : USD only, they should give EUR and other majors as an option.


Nice client's area

Fast account opening and verification

Fast withdraws

Money is in Germany, secure

Real PAMM reporting, you can enter the FX market under PAMM and benefit with small amount of cash under management from a pro trader

cTrader, MT4 and MT5


Swaps, some exotic pairs not available and some way too expensive

Spread is average

Execution is average

Small amount of CFDs as an option


Frequently Asked Questions

What is FiboGroup?

FIBO Group stands for Financial Intermarket Brokerage Online Group, which is an online forex brokerage, founded in 1998.

FIBO Group offers following assets to be traded on MetaTrader 4, 5 and cTrader.

  • Forex
  • Commodities
  • Indices
  • Spot metals
  • Cryptocurrencies

What platform does FiboGroup offer?

FIBO Group offers the common forex trading platforms as below.

  • MetaTrader 4
  • MetaTrader 5
  • cTrader

Is FiboGroup regulated?

FIBO Group is regulated and licensed by British Virgin Islands Financial Services Commission (BVIFSC) with license No. SIBA/L/13/1063.

What is the minimum deposit for FiboGroup?

FIBO Group doesn't impose a requirement of minimum deposit to open an cent account with them.