FIBOGROUP stands as one of the longest-serving names in the retail Forex and CFD trading space, having operated continuously since 1998. This FIBOGROUP review for 2026 delves into the critical aspects of the broker’s offering, assessing its regulatory framework, competitiveness of trading conditions, variety of platforms, and overall suitability for modern traders, from beginners seeking micro accounts to professionals requiring low-latency ECN access.
Our analysis confirms that FIBOGROUP successfully balances its legacy with modern technological demands, offering the coveted MetaTrader suite alongside the highly advanced cTrader platform. While its primary regulation is offshore, the firm’s two decades of continuous operation lend it significant credibility, distinguishing it from newer, less established brokers.
FIBOGROUP Overview: A Trusted Name in Forex Trading
FIBOGROUP (Financial Intermarket Brokerage Online Group) was established in 1998, positioning it among the veterans of the retail FX industry. The broker group maintains offices and operational hubs across several jurisdictions, with its current retail services primarily managed under entities regulated by the Financial Services Commission (FSC) of the British Virgin Islands.
The core philosophy of FIBOGROUP centers on providing transparent pricing and execution, especially through its Non-Dealing Desk (NDD) and ECN account structures. This commitment attracts experienced traders who prioritize speed and minimal slippage. The broker is well-regarded for its wide array of trading tools and educational resources, making it a viable option for a global audience, particularly those engaged in intense trading strategies like scalping and news trading.
Key Facts about FIBOGROUP
- Founding Year: 1998
- Primary Focus: Forex, Precious Metals, and CFD trading.
- Execution Model: Predominantly NDD/ECN.
- Platforms Offered: MT4, MT5, cTrader.
- Minimum Deposit: Varies from $0 to $100.
- Proprietary Services: Advanced PAMM (Percent Allocation Management Module) system.
FIBOGROUP Safety and Regulation: Is FIBOGROUP Safe or a Scam?
When conducting a thorough forex broker review, the first and most critical element is regulatory oversight. Determining whether FIBOGROUP is safe requires evaluating the quality of its regulations and its operational history. FIBOGROUP operates through several entities, but the most common for international retail traders is registered under the Financial Services Commission (FSC) of the British Virgin Islands (BVI).
The FSC BVI is considered an offshore regulator, offering less stringent oversight and lower capital requirements compared to Tier-1 regulators like the FCA (UK) or CySEC (Cyprus). While the BVI regulation is not top-tier, the exceptional longevity of FIBOGROUP (operating since 1998) provides a strong counter-argument to generic “scam or legit” concerns.
Regulatory Status Summary
| Entity | Regulator | Status |
|---|---|---|
| FIBO Group Ltd. | FSC (British Virgin Islands) | Active Retail Operation |
| FIBO Group Holdings Ltd. | CySEC (Cyprus) | Historically relevant; typically non-EU clients are diverted to FSC. |
Conclusion on Safety: FIBOGROUP is not a scam. Its reliability stems from its long, clean operational record. While traders should acknowledge the limitations of offshore FSC regulation—such as the lack of guaranteed compensation schemes—the broker’s two decades of service and adherence to NDD models suggest a commitment to fair trading practices. For traders outside major regulated zones, FIBOGROUP is generally considered a highly reputable choice.
FIBOGROUP Trading Conditions and Fees
FIBOGROUP distinguishes itself by offering a highly competitive trading fee structure, particularly within its NDD account types. The primary components of trading fees are spreads, commissions, and swap fees (overnight interest).
Spreads and Commission Structure
The trading fees for FIBOGROUP are dependent on the chosen account type. The NDD (Non-Dealing Desk) model ensures variable, raw spreads, while the Fixed and Cent accounts use wider, fixed spreads.
| Account Type | Min. Spread | Commission (Round Turn) | Execution |
|---|---|---|---|
| MT4 Fixed | 2.0 pips | $0 | Instant Execution |
| MT4 NDD | 0.0 pips | $6 per lot | Market Execution |
| cTrader NDD | 0.0 pips | $6 per lot | Market Execution |
For the typical EUR/USD trade on an NDD account, a combined cost (spread + commission) often totals around 1.0 to 1.2 pips, making FIBOGROUP highly competitive among ECN brokers, especially given the low minimum deposit requirement of $100 for NDD accounts.
Non-Trading Fees
- Inactivity Fee: FIBOGROUP does not charge inactivity fees, which is a major benefit for part-time or long-term traders.
- Deposit Fees: Deposits are generally free of charge from the broker’s side.
- Withdrawal Fees: Withdrawal fees vary significantly by method. While e-wallets like Skrill or Neteller may have minimal or zero fees, Bank Wire transfers often incur costs based on the bank and jurisdiction.
- Swap Fees (Overnight Interest): Standard swap rates apply unless a trader opts for a Swap-Free/Islamic Account, which FIBOGROUP offers.
FIBOGROUP Account Types for Every Trader
FIBOGROUP offers a strong selection of accounts designed to suit various trading styles and capital levels, ensuring accessibility for beginners and advanced features for professionals.
1. MT4 Cent Account
Ideal for beginners and those looking to test strategies with minimal risk. The minimum trade size is small (0.01 lot, measured in cents), effectively allowing for trades with capital as low as $0. Leverage can reach 1:400, and execution is instant.
2. MT4 Fixed Account
A good choice for manual traders who prefer predictable trading fees. Spreads are fixed at 2.0 pips for major pairs, with no commission. This account uses Instant Execution, providing price certainty but potentially leading to requotes during highly volatile news events.
3. MT4 NDD and MT5 NDD Accounts
These are the flagship accounts for professional forex trading. The NDD model ensures direct access to liquidity providers, leading to spreads as low as 0.0 pips. A commission of $6 per round turn lot is charged. The choice between MT4 and MT5 depends solely on platform preference; MT5 offers more timeframes and built-in indicators, while MT4 remains the industry standard for EAs.
4. cTrader NDD Account
The most advanced option, catering to high-frequency traders and those seeking deep market analysis. It offers the same raw spreads and $6 commission as the MT NDD accounts but uses the sophisticated cTrader platform, known for its superb charting tools and advanced order types.
Trading Platforms: MT4, MT5, and cTrader
FIBOGROUP excels in platform diversity, supporting all three major retail platforms. This guarantees that whether a trader prioritizes algorithm development (MT4/MT5) or advanced market depth analysis (cTrader), their needs are met.
MetaTrader 4 (MT4)
The enduring industry standard, MT4 remains FIBOGROUP’s most popular platform. It is stable, supports thousands of custom indicators and Expert Advisors (EAs), and is available in desktop, web, and mobile versions. It is best suited for traders focused purely on Forex and basic CFDs.
MetaTrader 5 (MT5)
MT5 is the multi-asset successor to MT4, offering superior performance for trading instruments beyond Forex, including indices, commodities, and potentially more crypto-CFDs. It features enhanced charting tools, a deeper MQL5 programming environment, and improved execution capabilities.
cTrader
cTrader is the platform of choice for sophisticated traders who demand a true ECN experience. Its features include full market depth visualization, advanced order types (cTID), and highly customizable charting layouts. The platform is renowned for its speed and user-friendly interface, providing a smooth and efficient trading environment.
Platform Accessibility Summary
- Desktop: Windows, macOS (via Wine or virtualization)
- Web: Browser-based access for MT4, MT5, and cTrader
- Mobile: iOS and Android apps for all three platforms
Deposits and Withdrawals Review
FIBOGROUP supports a sufficient range of funding methods, facilitating easy transactions for its international client base, including those interested in forex trading India or other emerging markets.
Deposit Methods
Funding an account with FIBOGROUP is straightforward. Processing times are generally instant for e-wallets and card payments, while bank transfers typically take 2-5 business days.
Available methods include:
- Bank Wire Transfer (SWIFT)
- Visa / Mastercard
- Skrill
- Neteller
- WebMoney
- FasaPay
- Perfect Money
Withdrawal Methods and Fees
Withdrawals are generally processed within 1-3 business days. While FIBOGROUP aims for fast processing, the actual time depends on the method chosen. Critical consideration must be given to withdrawal fees:
- E-wallets (Skrill/Neteller): Often the fastest and cheapest, sometimes free.
- Credit/Debit Cards: May incur small fees and take longer (up to 7 days).
- Bank Wire: Slowest and typically involves the highest fees, often charged by intermediary banks as well as the broker.
FIBOGROUP adheres to strict AML policies, meaning withdrawals must generally be returned to the same source used for the deposit.
FIBOGROUP Tradable Instruments
The product offering at FIBOGROUP is robust, covering all primary asset classes expected from a serious forex broker, although the selection is more curated than expansive compared to some multi-asset platforms.
Forex (Currencies)
FIBOGROUP provides access to over 40 currency pairs, encompassing all major pairs (EUR/USD, USD/JPY), minor crosses, and a good selection of exotic pairs. The tight spreads on NDD accounts are particularly advantageous for currency traders.
Precious Metals
Trading in Gold (XAU/USD) and Silver (XAG/USD) is standard, often with competitive spreads and high leverage (up to 1:400) for these instruments, making them popular hedging tools.
Indices and Commodities
The broker offers CFDs on major global indices (e.g., S&P 500, FTSE 100, DAX 40) and essential commodities like Crude Oil (WTI/Brent). These are available on MT4 and MT5 NDD accounts.
Cryptocurrencies
While not a primary focus, FIBOGROUP offers a limited number of cryptocurrency CFD pairs (Bitcoin, Ethereum, Litecoin) against the USD. These instruments are traded with leverage and are subject to the same margin requirements as other CFDs.
FIBOGROUP Trading Experience and Customer Support
The overall trading experience with FIBOGROUP is defined by high-quality execution and excellent platform choices.
Execution and Technology
Due to its NDD/ECN model and co-location with major liquidity providers (servers often located near LD4 and NY4 data centers), FIBOGROUP provides very low latency. This is crucial for scalping, high-frequency trading, and running EAs effectively. Stop Out levels are set at 30%, giving traders a good buffer before automated position closure.
PAMM and Copy Trading Services
FIBOGROUP is famous for its proprietary PAMM service, a sophisticated tool for investors to allocate funds to professional money managers and for managers to easily handle multiple client accounts. This focus on managed services enhances its appeal to those looking for passive investment options. Copy trading is also facilitated through integrations like ZuluTrade.
Customer Service
FIBOGROUP maintains a strong commitment to support, operating 24 hours a day, 5 days a week. Support is accessible via live chat, telephone, and email in multiple languages. Our testing indicates response times are fast, and agents are knowledgeable about the broker’s specific account structures and trading conditions.
Pros and Cons of Trading with FIBOGROUP
Pros
- Exceptional Longevity: Established in 1998, offering unparalleled operational stability.
- Platform Choice: Offers MT4, MT5, and cTrader, covering all major trading styles.
- Low Trading Costs: Highly competitive ECN spreads (0.0 pips) with reasonable commissions.
- NDD Execution: Ensures transparency and minimal conflict of interest.
- Robust Managed Accounts: Strong proprietary PAMM system available.
- High Leverage: Up to 1:400, suitable for experienced global traders.
- Zero Inactivity Fee: No penalty for dormant accounts.
Cons
- Offshore Regulation: Primary entity (FSC BVI) offers lower protection than Tier-1 regulators.
- Limited Crypto Assets: Cryptocurrency selection is minimal compared to some competitors.
- Withdrawal Fees: Certain withdrawal methods, particularly bank wires, are chargeable.
- Minimum Deposit: While Cent accounts are free, NDD requires a minimum of $100.
FIBOGROUP Expert Ratings by BrokerJudge.com
Based on our comprehensive analysis of FIBOGROUP’s services, regulation, and trading environment, we assign the following expert ratings:
| Category | Rating (Out of 10) | Rationale |
|---|---|---|
| Trust and Regulation | 7.5 | Low-tier regulation offset by exceptional 25+ year operational history. |
| Trading Fees and Spreads | 9.2 | Highly competitive NDD spreads (0.0 pips) and reasonable commission. |
| Account Types | 8.8 | Excellent range, covering Cent, Fixed, MT4 NDD, MT5 NDD, and cTrader NDD. |
| Platforms and Tools | 9.5 | Offering MT4, MT5, and the advanced cTrader platform is a significant advantage. |
| Deposits and Withdrawals | 8.5 | Diverse methods and fast e-wallet processing, but points deducted for some withdrawal fees. |
| Overall Broker Judge Score | 8.7 | A veteran broker ideal for ECN/NDD traders prioritizing low costs and platform choice. |
Final Expert Verdict on FIBOGROUP
FIBOGROUP has cemented its position in the competitive Forex landscape through two primary pillars: stability and technology. While the lack of a Tier-1 regulatory license means traders must exercise discretion, the broker’s decades-long history and transparent NDD execution model provide a compelling argument for its trustworthiness. It is unequivocally not a scam.
For traders in search of raw spreads and sophisticated platforms—particularly those interested in using cTrader or integrating advanced EAs into MT4/MT5—FIBOGROUP offers an outstanding combination of low trading fees and diverse trading environments. The minimum deposit requirement for NDD accounts is highly accessible ($100), making true ECN trading available to a wider audience.
We recommend FIBOGROUP highly for experienced and institutional traders who prioritize execution quality, as well as intermediate traders ready to move beyond fixed spread accounts. Beginners can start safely with the Cent account before transitioning to the competitive NDD options.
Alternatives to FIBOGROUP
While FIBOGROUP is a strong contender, traders may consider alternatives based on their specific needs:
- For Higher Regulation: Brokers regulated by the FCA or ASIC are preferred, though they may offer less leverage.
- For Lower Initial Costs: Some brokers offer zero minimum deposits on NDD accounts, though trading costs might be slightly higher.
- For Broader Asset Classes: Brokers that specialize in stocks, options, and a wider range of crypto CFDs may be better suited for extreme diversification.
FIBOGROUP Review 2026: Frequently Asked Questions (FAQs)
Is FIBOGROUP a safe broker?
Yes, FIBOGROUP is considered safe primarily due to its long operational history (since 1998) and commitment to the Non-Dealing Desk (NDD) model, which minimizes conflicts of interest. While its regulation (FSC BVI) is offshore, the firm’s longevity is a significant indicator of reliability.
What is the minimum deposit required by FIBOGROUP?
The minimum deposit varies. The MT4 Cent and MT4 Fixed accounts can be opened with a $0 minimum deposit. However, to access the professional MT4 NDD, MT5 NDD, or cTrader NDD accounts, a minimum deposit of $100 is typically required.
Does FIBOGROUP offer commission-free trading?
Yes and No. The MT4 Fixed account is commission-free, but trades carry wider spreads (starting from 2.0 pips). The popular NDD and cTrader accounts offer raw spreads (starting at 0.0 pips) but charge a commission of $6 per round turn lot.
Which trading platforms does FIBOGROUP support?
FIBOGROUP supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, providing an excellent range of options for all types of algorithmic and manual traders.
Can I use EAs and scalping strategies with FIBOGROUP?
Yes. FIBOGROUP fully supports Expert Advisors (EAs) on its MT4 and MT5 platforms, and scalping, news trading, and hedging are all permitted, especially on the low-latency NDD accounts.
Are there swap fees or an inactivity fee?
Standard overnight swap fees apply to positions held past the market close. FIBOGROUP also offers Sharia-compliant (Swap-Free) accounts. Crucially, FIBOGROUP does not charge an inactivity fee for dormant accounts.
What leverage does FIBOGROUP offer?
FIBOGROUP offers maximum leverage up to 1:400 for Forex pairs under its FSC BVI entity, which is advantageous for experienced traders who manage risk carefully.
Does FIBOGROUP cater to forex trading in India?
FIBOGROUP serves a large international client base, including traders from India, provided they comply with local foreign exchange regulations. The broker supports common international deposit/withdrawal methods suitable for Indian traders.
What is the stop out level on FIBOGROUP accounts?
The stop out level is set at 30%, meaning positions will be automatically closed if the equity falls to 30% of the required margin. The margin call level is 100%.
How competitive are FIBOGROUP’s trading fees?
FIBOGROUP offers highly competitive trading fees, particularly on its NDD accounts, which combine raw spreads (as low as 0.0 pips) with a commission of $6 per lot. This pricing places them favorably among established ECN brokers.
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