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    FIBO Group

    10-15 years
    |
    Regulated in Cyprus
    |
    Market Making(MM)
    |
    MT4/5 full license

    Rating

    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9

     /10.00

    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    Benchmark

    D

    Licenses

    Cyprus Securities and Exchange Commission

    Market Making(MM)

    CYSEC Regulated

    Federal Financial Supervisory Authority

    Retail Forex License

    BaFin Regulated

    Financial Conduct Authority

    European Authorized Representative (EEA)

    FCA Regulated

    British Virgin Islands Financial Services Commission

    Retail Forex License

    FSC Offshore Regulatory

    Overview

    • Company Name:

      Financial Intermarket Brokerage Online Group
    • Company Abbreviation:

      FIBO Group
    • Place of registration:

      FIBO GroupUnited Kingdom
    • Regulatory Status:

      Regulated
    • Customer Service Email Address:

      service@fibogroup.com
    • Customer Service Phone Number:

      +44 (845) 09-50-118
    • Company summary

      FIBO Group Holdings Limited is a professional online financial dealer and one of the most experienced internet margin trading service market. The company's first branch was established in 1998, with four offices worldwide in Shanghai, Alma-Ata, Limassol, and Munich. The company currently has the Cyprus Securities and Exchange Commission (CySEC) full license, the German Federal Monetary Authority (BaFin) retail forex license, the British Financial Conduct Authority (FCA) EU authorization license, and the Virgin Islands Financial Services Commission (FSC) retail forex license. About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    WikiFX Risk Alerts

    Previous Detection: 2021.04.15 Risk: 2 Item

    • The The Virgin IslandsFSC regulatory with license number: SIBA/L/14/1063 is an offshore regulatory, please be aware of the risk!
    • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months, please be aware of the risk!
    WikiFX Verification WikiResearch
    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Brand Launch

    • Search Source

    • Language

    Last Updated Time 2021-04
    Exposure
    Cyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission (CYSEC)

    The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.

    • Licensed Institution :

      FIBO Group Holdings Ltd

      Effective Date :

      2010-06-14
    • Email Address of Licensed Institution :

      p.kosidis@fibogroup.eu

      License Type:

      No Sharing
    • Website of Licensed Institution :

      http://www.fibogroup.eu/,https://www.fibogroup.com/

      Expiry Date :

      --
    • Address of Licensed Institution :

      182, Ayias Fylaxeos, Kofteros Business Center, Office 103, CY-3083 Limassol, Cyprus

      Phone Number of Licensed Institution :

      35725105641
    • Licensed Institution Certified Documents :

      FIBO 监管页截图 View Certified Documents
    Federal Financial Supervisory Authority

    Federal Financial Supervisory Authority (BaFin)

    Prior to 2002, in Germany the regulation of the financial industry was undertaken by three separate agencies. In May 2002 BaFin was formed, following the passing of the Financial Services and Integration Act. The aim of the Act and the merging of the three agencies was to create one integrated financial regulator that would be able to cover all financial markets. The agencies that merged together were the Federal Banking Supervisory Office, the Federal Supervisory Office for Securities Trading, and the Federal Insurance Supervisory Office.BaFin was given further responsibility following the passing of the Banking Act in 2003 with the aim of increasing customer protection and improving the reputation of the German financial system. The extra powers included monitoring the credit-worthiness of financial institutions and collecting detailed information about them. This particular area of responsibility was shared with the Bundesbank. Currently, BaFin is experiencing a kind of transition, as the responsibility for banking supervision is being taken over by the European Central Bank.

    • Licensed Institution :

      FIBO Group Holdings Ltd

      Effective Date :

      2010-09-22
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      182, Ayias Fylaxeos,KoFTeros Busin.CenT.3083LiMassol Zypern

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      fibo.png View Certified Documents
    Financial Conduct Authority

    Financial Conduct Authority (FCA)

    The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

    • Licensed Institution :

      FIBO Group Holdings Ltd

      Effective Date :

      2010-10-05
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      182 Ayias Fylaxeos Kofteros Business Center office 103 Limassol 3083 CYPRUS

      Phone Number of Licensed Institution :

      357 25105641
    • Licensed Institution Certified Documents :

      FCA_532885_交易商监管信息表_查询结果 View Certified Documents
    British Virgin Islands Financial Services Commission

    British Virgin Islands Financial Services Commission (FSC)

    The enactment of the Financial Services Commission Act in December 2001 established the British Virgin Islands Financial Services Commission (FSC) as an autonomous regulatory authority responsible for the permission, regulation, supervision of all financial services in and from within the BVI, which includes insurance, banking, fiduciary services, trustee business, company management, investment business, and insolvency services, as well as the registration of companies, limited partnerships and intellectual property. Since 2002, FSC assumed the responsibility for functions previously carried out by the Government through the Financial Services Department. FSC, as financial services regulator, is also responsible for promoting public understanding of the financial system and its products, policing the perimeter of regulated activity, reducing financial crime, and preventing market abuse.

    • Licensed Institution :

      FIBO GROUP, LTD.

      Effective Date :

      --
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      --

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      2 View Certified Documents 1_b View Certified Documents 1_a View Certified Documents
    FIBO Group · MT4/5

    Identification Result

      FIBO Group · Website

      Most visited countries/areas

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          FIBO Group· Genealogy
          FIBO Group · Clones
          FIBO Group · Market Analysis

          The data are from WIKI Research    2021.04.15 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          Continue
          FIBO Group · Survey×

          Special Note

          ×
          FIBO Group

          1.pngWikiFX only provides the legal URL of the platform published by the regulatory website.

          1.pngWikiFX will not disclose your personal information to third parties.

          1.pngIn order to prevent users from being spoofed by phishing websites, fake URLs or domain name hijackings, WikiFX doesnt provide the content though this app.

          1.pngThe use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.

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          Data Sources WikiResearch 2021.04.15 Update

          数据样本不足

          Data Sources WikiResearch 2021.04.15 Update

          FIBO Group · Chart
          Date

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by VPS
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          Alternate Text

          Data Sources WikiResearch 2021.04.15 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded "Datuk" Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          FIBO Group
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
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          You can check the real-time processing progress in "User Center-My Release-Ponzi Scheme"

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          FIBO Group · Company summary

            Basic Information & Regulators of FIBO Group

            FIBO Group Holdings Limited is a professional online financial dealer and one of the most experienced internet margin trading service market. The company's first branch was established in 1998, with four offices worldwide in Shanghai, Alma-Ata, Limassol, and Munich. The company currently has the Cyprus Securities and Exchange Commission (CySEC) full license, the German Federal Monetary Authority (BaFin) retail forex license, the British Financial Conduct Authority (FCA) EU authorization license, and the Virgin Islands Financial Services Commission (FSC) retail forex license.

            Safety Analysis

            The company is committed to fulfilling all requirements of national regulatory agencies and strictly complying with national legislation. It also has annual audits that comply with international standards.

            Market Instruments

            Fibo Group offers mainstream and popular financial products in the global financial market for investors, including forex (60 currency pairs), precious metals (gold and silver), cryptocurrencies (Bitcoin, Ethereum, Litecoin, Zcash, Dash, Monroe), CFDs, etc.

            Leverage & Account of FIBO Group

            Fibo Group provides investors with different types of trading accounts suitable for various trading strategies. MT4 Cent Accounts, with the maximum leverage up to 1:1000, cryptocurrency up to 1:25. MT4 Fixed Accounts, with the maximum leverage up to 1:200. MT4 NDD Accounts, with the maximum leverage up to 1:400. MT4 NDD No Commission Accounts, with the maximum leverage up 1:400, and cryptocurrency up to 1:25, cTrader NDD Accounts, with the maximum leverage up to 1:400, metal leverage up to 1:200. MT5 NDD Accounts, with the maximum leverage up to 1:400, and the metal leverage up to 1:100.

            Spreads & Commission Fees of FIBO Group

            The minimum spread for MT4 Cent Accounts is 0.6 pips, with no commission. The minimum spread for MT4 Fixed Accounts is 2 pips, and with no commission. The minimum spread for MT4 NDD Accounts is 0 pips, and the commission is 0.003% of the trading volume. MT4 NDD No-Commission Account has a minimum spread of 0.8 pips. cTrader NDD Accounts has a minimum spread of 0 pips, and commission is 0.003% of the trading volume. MT5 NDD Account has a minimum spread of 0 pips, and the commission is 0.005% of the trading amount. The swa is shown in the chart below:

          ProductLongShortSettlement Date
          USDCAD-0.34-0.38Monday
          AUDCHF0.11-0.67Monday
          AUDJPY-0.1-0.4Monday
          EURGBP-0.43-0.08Monday
          EURCAD-0.8-0.07Monday

            Trading Platform Applied of FIBO Group

            The trading platforms applicable to Fibo Group are MT4, cTrader, MT5. MT4 has a wide range of tools and indicators that can be used for technical analysis, foreign exchange news, online quotes, and price icons. This program allows traders to manage multiple windows using their indicators and research data. The cTrader platform allows professional traders and novices to use NDD (No Dealing Desk) technical currency transactions in the currency exchange market. It also allows users to directly trade with international banks to avoid intermediaries in the real trading environment. The average order execution speed is less than one millisecond. MT5 has a brand-new trading bear and distributed system structure with high efficiency and flexibility. The platform is entirely in line with the latest international management of online transactions through NDD technology. Besides, the spread is accurate from 4 decimal places to 5th.

            Deposit & Withdrawal of FIBO Group

            The company offers various convenient and safe options for investors to deposit and withdraw funds. The deposit method supports SWIFT ( deposit accepting EUR & USD, the commission generally 35 to 50 US dollars, and the transfer time taking 2-5 working days; the withdrawal accepting EUR, USD, BGP & CHF, and the withdrawal fee usually 35 to 50 US dollars.), UnionPay (accepting RMB, no commission, credited immediately after payment is successful), CONNECTUM (VISA/MASTERCARD, deposit accepting EUR & USD, no commission, credited immediately after payment is successful; withdrawal accepting EUR & USD, and the commission 2.5%+1.5 Euros), RegularPay (accepting EUR and USD, no commissions, through the RegularPay system processing center to use bank cards to inject funds; withdrawal accepting EUR &USD, with a withdrawal fee of 10 dollars or other equivalent amounts), ZOTAPAY (supporting RMB, no commission for deposit, the payment is processed immediately when the invoice is paid, and the withdrawal with 2.2% commission), Neteller (supporting EUR &USD, no commission), WebMoney (deposits and withdrawals both supporting EUR &USD, a commission of 0.8% is charged, and it will be credited automatically after successful payment). The company also supports a series of cryptocurrency deposits and withdrawals.


          Risk Warning

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          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

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