About FIBO Group
FIBO Group is an international Forex and CFD brand whose first company was founded in 1998.
Its current international offering includes MetaTrader 4, MetaTrader 5 and cTrader accounts with different execution models, spreads, commissions and leverage limits.
The number of available instruments depends on the selected account. The previous figure of 84 instruments no longer represents the complete current offering.
Regulation and Legal Entity
International company
Former Cyprus licence
FIBO Markets Ltd, formerly FIBO Group Holdings Ltd, voluntarily renounced CySEC licence 118/10.
It should therefore not be presented as an active licence protecting clients of the current international company.
Client protection depends on the legal entity named in the agreement. Protections previously connected with the Cyprus company do not automatically apply to a BVI account.
Current Account Types
FIBO Group currently lists eight account types. Cent accounts start from one cent, while the other listed accounts require a minimum deposit of $50.
| Account | Platform | Deposit | Spread | Commission | Max FX leverage |
|---|---|---|---|---|---|
| MT4 Cent | MT4 | 1 cent | From 0.6 | None | 1:3000 |
| MT4 Fixed | MT4 | $50 | From 2 | None | 1:200 |
| MT4 NDD | MT4 | $50 | From 0 | 0.003% | 1:400 |
| MT4 NDD No Commission | MT4 | $50 | From 0.8 | None | 1:400 |
| cTrader NDD | cTrader | $50 | From 0 | 0.003% | 1:400 |
| cTrader Zero Spread | cTrader | $50 | From 0 | 0.012%, min. $1 | 1:1000 |
| MT5 NDD | MT5 | $50 | From 0 | 0.003% | 1:400 |
| MT5 Cent | MT5 | 1 cent | From 0.6 | None | 1:5000 |
Leverage of 1:3000 or 1:5000 is an extreme technical maximum, not a recommended level. A small adverse price movement may cause a rapid loss.
Platforms and Markets
Trading platforms
- MetaTrader 4 for desktop, web and mobile;
- MetaTrader 5 with additional order and chart tools;
- cTrader with NDD execution and market depth;
- automated strategies and custom indicators;
- MetaTrader and cTrader copy services.
Available markets
- up to 43 Forex pairs on selected accounts;
- gold and silver;
- stock, commodity and index CFDs;
- up to 50 US stock CFDs on supported accounts;
- up to 13 cryptocurrency instruments.
The precise product list varies by platform and account. Some cTrader accounts do not include stock or cryptocurrency CFDs.
PAMM, Islamic Accounts and Availability
PAMM functionality is available for MT4 Fixed, MT4 NDD and MT4 NDD No Commission accounts. The minimum deposit for opening a managed PAMM account is $300.
Islamic account status is available for the same three MT4 account types. Overnight swaps are replaced by a fixed weekly commission under the applicable terms.
Services are not offered to residents of the United Kingdom, the United States or North Korea. Additional country restrictions may apply.
PAMM and copied-trading performance is not guaranteed. Historical returns do not predict future results.
Advantages and Limitations
Advantages
- Brand history dating back to 1998.
- Eight account types.
- MT4, MT5 and cTrader.
- NDD accounts with spreads from 0.
- Cent accounts for smaller trade sizes.
- PAMM and copy-trading services.
Limitations and risks
- International entity is based in the BVI.
- CySEC licence 118/10 is no longer active.
- Conditions vary significantly by account.
- Extremely high leverage on Cent accounts.
- Not every market is available on every platform.
- Regional restrictions apply.
FORECK.INFO Verdict
FIBO Group provides a broad selection of Forex and CFD accounts, ranging from Cent solutions to NDD accounts on MetaTrader and cTrader.
Its strengths include platform choice, several commission structures, PAMM services and support for automated trading.
According to FORECK.INFO, the main factors to examine are the BVI legal entity, account-specific costs, product availability and the very high leverage limits offered on Cent accounts.
Frequently Asked Questions
Is FIBO Group regulated?
FIBO Group, Ltd. is listed as currently regulated by the BVI Financial Services Commission.
Is CySEC licence 118/10 still active?
No. CySEC lists FIBO Markets Ltd among former investment firms following voluntary renunciation.
What is the minimum deposit?
Cent accounts start from one cent. The other listed account types have a minimum deposit of $50.
Which platforms are supported?
FIBO Group supports MetaTrader 4, MetaTrader 5 and cTrader, including web and mobile access.

