Fxibrokers

According to WikiFX data, Fxibrokers presents significant safety concerns. It holds a total WikiFX score of 1.47 out of 10, which reflects deep-seated issues across regulatory and operational metrics. Critically, the firm currently possesses no valid licenses from recognized financial regulators. Operating without this oversight means it lacks the mandatory safeguards, such as segregated client funds and investor compensation schemes, that define a secure trading environment. Therefore, it cannot be considered a reliable broker by standard industry benchmarks.

No, Fxibrokers is not a regulated broker. While it is registered as Fxibrokers Trading Services LLC in Australia, our assessment indicates it does not hold any valid forex trading licenses from reputable regulatory bodies like the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA), or CySEC. Operating without such authorization places it outside the protective framework of established financial oversight.

Fxibrokers structures its services across multiple account tiers, each with a different minimum entry requirement. The BASIC account, designed for entry-level clients, requires a minimum deposit between $250 and $1,000. Higher-tier accounts have substantially larger requirements: the SILVER account needs $2,000 to $15,000, the GOLD account requires $16,000 to $50,000, and the top-tier PLATINUM account mandates over $50,000 to open.

Based on the available trading information, Fxibrokers does not explicitly list the specific trading platforms it offers, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5). The data confirms that all its account types support automated trading via Expert Advisors (EAs), a feature commonly associated with the MetaTrader suites, but the exact platform names are not publicly disclosed on the broker's listed specifications.