The FIBO Group Decision Map
| Decision Question | FxFind Finding |
|---|---|
| Main reason to consider it | Several account and platform combinations, including cent accounts, NDD pricing and cTrader, alongside PAMM and copy/social trading. |
| Main limitation | International clients contract with a BVI-regulated entity without an investor compensation scheme; account conditions also differ substantially. |
| Most natural fit | Experienced traders comparing execution and pricing models or considering PAMM investing. |
| Relevant account/platform setup | MT4, MT5 and cTrader accounts with fixed, cent, NDD and zero-spread configurations. |
| FxFind Rating | 7.28/10 |
View the FxFind rating breakdown
| Category | Score |
|---|---|
| Trust and Safety | 6.5/10 |
| Fees and Commissions | 8.0/10 |
| Deposits and Withdrawals | 8.0/10 |
| Tradable Instruments | 7.0/10 |
| Setup | 7.5/10 |
| Account Opening | 8.0/10 |
| Customer Support | 7.5/10 |
| Trading Conditions | 8.0/10 |
| Market Research and Education | 6.5/10 |
The decision involves more than platform availability: account-specific pricing and the BVI client framework also need to suit the trader’s priorities.
Pros
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MT4, MT5 and cTrader are available across several account pricing models.
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Cent accounts have a 1-cent-equivalent minimum deposit; several other accounts start at $50.
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PAMM investing, copy trading and social trading are available.
Cons
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The international offering is regulated by the BVI FSC and has no investor compensation scheme.
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The 1:5000 maximum leverage applies only to cent accounts and may decrease as equity grows.
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Withdrawal fees depend on the payment method; bank-wire withdrawals carry a stated fee of about $35–$50.
FIBO Group by Client Region and Legal Entity
Legal Entities by Client Region
| Client Location / Group | Contracting Entity | Regulator | Licence | What Changes for the Client |
|---|---|---|---|---|
| International clients; excludes UK, US and other restricted jurisdictions | FIBO Group Ltd | FSC (BVI) | SIBA/L/13/1063 | The BVI framework applies. UK, EU and Australian retail protections and compensation schemes do not automatically apply; leverage, products and dispute routes may differ. |
Protection by Entity
For the international entity, client funds are segregated and negative balance protection is provided. This protection prevents an account balance from falling below zero during gap slippage. FIBO Group has no investor compensation scheme, so segregation and negative balance protection do not compensate clients for losses if the firm fails.
FIBO Group does not accept clients from the United Kingdom, North Korea or the United States. FIBO Group Ltd is the identified contracting entity for international clients, subject to these and other restricted jurisdictions.
Trading Costs by Account and Instrument
Representative Trading Costs
| Instrument | Spread Basis | Commission | Important Condition |
|---|---|---|---|
| EUR/USD | 1.1 pips broker-reported average floating spread | Account-dependent: spread-only on standard/cent accounts; commission applies on NDD and ECN accounts, for example $20 per $1,000,000 traded | The average spread floats; the account-specific spread and commission model determine the final cost. |
| GBP/USD | 1.5 pips broker-reported average spread | Account-dependent: spread-only on standard/cent accounts; commission applies on NDD and ECN accounts, for example $20 per $1,000,000 traded | The spread is not identified as a fixed or floating average. |
| Gold (XAU/USD) | 0.35 points broker-reported average spread | Account-dependent | Spread units are points, not pips. |
| S&P 500 CFD | 1 points broker-reported average spread | Account-dependent | The spread is in points. |
| MT4 Fixed | Fixed spreads from 2 pips | No commission | MT4 account with a $50 minimum deposit. |
| MT4 NDD | Spreads from 0.0 pips | About 0.003% of the transaction | MT4 account with a $50 minimum deposit. |
| MT4 NDD No Commission | Spreads from 0.8 pips | No trading commission | MT4 account with a $50 minimum deposit. |
| MT5 Cent | Spreads from 0.6 pips | No commission | Cent-denominated MT5 account; minimum deposit is a 1-cent equivalent. |
| cTrader NDD | Spreads from 0.0 pips | About 0.003% | cTrader account with a $50 minimum deposit. |
| cTrader Zero Spread | 0.0 pips | Higher commission schedule; minimum charge applies | cTrader account with a $50 minimum deposit; metals have lower leverage. |
Broker-reported average instrument spreads and account-specific starting spreads are different measures. Compare the full pricing model: a wider spread without commission or a lower starting spread with commission.
Costs Outside the Trade
| Trader Behavior | Possible Cost | Broker Rule |
|---|---|---|
| Holding positions overnight | Swap fees | Swap rates apply unless the account has an approved swap-free Islamic option. |
| Withdrawing funds | Processor, wallet or bank-wire charges | Fees depend on the payment route. Examples include 1% for Skrill, 2% for Neteller (minimum 1 USD/EUR), and about $35–$50 for wire transfer. |
| Leaving an account inactive | No inactivity fee | No inactivity fee applies. |
| Depositing funds | No broker deposit fee | Provider or network terms may still apply. Wire transfers may also incur intermediary bank fees and currency conversion. |
| Converting currencies | No broker currency-conversion fee | The broker does not charge a currency-conversion fee. |
Beyond the quoted spread, the main cost factors are withdrawal frequency, overnight positions and the choice between spread-only and commission-based accounts.
Key Trade-Offs to Consider
Very High Leverage Is Confined to Cent Accounts
The 1:5000 maximum applies only to cent accounts, and leverage decreases as equity grows. Other account configurations have lower limits; market leverage may also be reduced for larger positions or during volatile conditions. Traders considering the highest stated limit should account for the cent denomination and changing exposure requirements.
Lower Starting Spreads Come With Different Commission Structures
NDD and cTrader accounts offer spreads from 0.0 pips but charge commissions. cTrader Zero Spread also has a higher commission schedule and a minimum charge. Spread-only options have wider starting spreads but no trading commission. Comparing both elements is more informative than looking at the spread floor alone.
Platform Choice Sits Within a BVI Client Framework
FIBO Group offers MT4, MT5 and cTrader, while international clients contract with FIBO Group Ltd under BVI FSC regulation and have no investor compensation scheme. The account range may suit traders comparing platforms, but clients who require a particular regional protection regime or compensation scheme may need a different broker structure.
Build a Trading Setup
Account and Platform Compatibility
| Account | Compatible Platforms | Pricing Model | Automation | Important Constraint | Natural Use Case |
|---|---|---|---|---|---|
| MT4 NDD | MetaTrader 4 | Floating spreads from 0.0 pips; commission about 0.003% of transaction | MT4 Expert Advisors on desktop/VPS | $50 minimum deposit; leverage up to 1:400 | MT4 users seeking NDD pricing. |
| MT4 NDD No Commission | MetaTrader 4 | Spreads from 0.8 pips; no trading commission | MT4 Expert Advisors on desktop/VPS | $50 minimum deposit; leverage up to 1:400 | MT4 users preferring a spread-based charge. |
| MT4 Cent | MetaTrader 4 | Spreads from 0.6 pips; no commission | MT4 Expert Advisors on desktop/VPS | Cent-denominated; minimum deposit is a 1-cent equivalent; leverage up to 1:3000 | Trading in cent denominations. |
| MT4 Fixed | MetaTrader 4 | Fixed spreads from 2 pips; no commission | MT4 Expert Advisors on desktop/VPS | $50 minimum deposit; leverage up to 1:200 | Traders seeking a fixed-spread MT4 configuration. |
| MT5 NDD | MetaTrader 5 | Spreads from 0.0 pips; commission-based NDD pricing | MT5 Expert Advisors on desktop/VPS | $50 minimum deposit; leverage up to 1:400 | MT5 users seeking NDD pricing. |
| MT5 Cent | MetaTrader 5 | Spreads from 0.6 pips; no commission | MT5 Expert Advisors on desktop/VPS | Cent-denominated; minimum deposit is a 1-cent equivalent; leverage up to 1:5000 | Cent-denominated MT5 trading. |
| cTrader NDD | cTrader | Spreads from 0.0 pips; commission about 0.003% | cBots in C# or Python; cloud cBots can run 24/7 | $50 minimum deposit; leverage up to 1:400 | cTrader users seeking NDD pricing and cBot automation. |
| cTrader Zero Spread | cTrader | 0.0-pip spread; higher commission schedule with a minimum charge | cBots in C# or Python; cloud cBots can run 24/7 | $50 minimum deposit; metals have lower leverage; leverage up to 1:1000 otherwise | Traders comparing a zero-spread model with its commission charge. |
| Islamic Account | MT4, on eligible underlying account types | Follows the underlying account; swap-free option on eligible MT4 Fixed accounts with wider fixed spreads instead of swaps | Follows eligible MT4 desktop/VPS automation | Leverage, minimum deposit and spread follow the underlying account | Eligible MT4 account holders seeking swap-free treatment. |
Platform-Specific Differences
MT4 and MT5 are available on desktop, web and mobile. Their full Expert Advisor, custom-script and strategy-testing workflows are centred on desktop/VPS; browser and mobile clients focus on trading and monitoring. cTrader is available on desktop, web and mobile, with cBots in C# or Python and cloud cBots that can run 24/7. Creating, editing, backtesting and optimising cBots is centred on cTrader for Windows or Mac.
FIBO Group also offers MT4 and MT5 WebTerminals. These browser clients do not run Expert Advisors or scripts, so automated MetaTrader strategies require the desktop environment.
Practical Setup Assessment
Manual traders can use MT4, MT5 or cTrader. Platform-based automation is available through MetaTrader Expert Advisors or cTrader cBots, and FIBO Group also offers API trading, copy trading, social trading and VPS hosting. PAMM investing is a separate manager/investor route, not a self-directed trading account.
Trading Conditions and Position Management
Entering the Market
FIBO Group uses Market Maker and NDD models across its account range. Favorable and unfavorable slippage can occur on market and stop orders, particularly in fast or volatile conditions. The selected execution model and account pricing structure matter to traders using market-sensitive strategies.
Leverage
| Market | Maximum Retail Leverage | Professional / Other Eligible Leverage | What Determines It |
|---|---|---|---|
| Forex | 1:5000 | - | Maximum across account types; the highest 1:5000 applies to cent accounts, can fall as equity grows, and may be lower for larger positions, during volatility/news or under another legal entity. |
| Indices | N/A | - | Not applicable for the stated market/status. |
| Commodities | 1:5000 | - | Maximum across account types; it can fall for larger positions, during volatility/news or under another legal entity. |
| Stocks | 1:20 | - | Share CFDs; maximum can fall for larger positions, during volatility/news or under another legal entity. |
| Bonds | - | - | Not Offered. |
| Cryptocurrencies | 1:25 | - | Access varies by entity and jurisdiction; maximum can fall for larger positions, during volatility/news or under another legal entity. |
| Other | - | - | Not Offered. |
Margin Calls and Stop-Outs
A margin call is triggered at a 150% margin level. Forced liquidation begins at 50%, so available equity and open-position exposure matter as the account approaches these thresholds.
Trading Restrictions
| Trading Activity | Status | Important Conditions |
|---|---|---|
| Scalping | Allowed | Subject to the broker’s current instrument, account and legal-entity trading rules. |
| Hedging | Allowed | Subject to the broker’s current instrument, account and legal-entity trading rules. |
| News trading | Allowed | Slippage can occur on market and stop orders, particularly in fast or volatile conditions. |
| API trading | Available | Subject to the broker’s current instrument, account and legal-entity trading rules. |
| Expert Advisors and cBots | Platform-supported | MetaTrader Expert Advisors require the desktop/VPS environment; cTrader cBots are supported, with creation and testing centred on Windows/Mac. |
Tradable Markets: Range and Restrictions
| Asset Class | Approx. Instruments | What Is Notable | Main Restriction / Gap |
|---|---|---|---|
| Forex | 41 | Margin FX trading; swaps may apply | Maximum can fall for larger positions, during volatility/news or under another legal entity. No separate professional/eligible-client leverage tier is publicly stated for this offering. |
| Indices | ≈9 | Cash- and futures-referenced index derivatives | Instrument availability, leverage and contract terms can vary by account, legal entity and jurisdiction; check the current product specification. |
| Commodities | ≈10 | Spot- and futures-referenced commodity derivatives | Maximum can fall for larger positions, during volatility/news or under another legal entity. No separate professional/eligible-client leverage tier is publicly stated for this offering. |
| Stocks | 50 | Share CFDs; no ownership or voting rights | Maximum can fall for larger positions, during volatility/news or under another legal entity. No separate professional/eligible-client leverage tier is publicly stated for this offering. |
| Bonds | Not Offered | - | - |
| Cryptocurrencies | 13 | Crypto access varies by entity and jurisdiction | Maximum can fall for larger positions, during volatility/news or under another legal entity. No separate professional/eligible-client leverage tier is publicly stated for this offering. |
| Other | Not Offered | - | - |
Stocks are offered as CFDs, not as share ownership, and bond trading is unavailable. Crypto access also varies across entities and jurisdictions.
Opening, Funding, and Withdrawing From an Account
Account Opening and Verification
FIBO Group requires KYC verification. Minimum deposits depend on the account: cent accounts start at a 1-cent equivalent, while NDD and cTrader accounts have minimums ranging from $50 to $300 across configurations. No registration-document or approval-time requirements are specified here.
Deposit Methods
| Method | Deposit Minimum | Broker Fee | Expected Arrival | Important Restriction |
|---|---|---|---|---|
| Bitcoin | $50 | 0% broker deposit fee, provider/network terms may apply | Instant to same day | Send BTC only to the Bitcoin address and network shown in the deposit instructions. Incorrect transfers may be irreversible. |
| Fasapay | $50 | 0% broker deposit fee, provider/network terms may apply | Instant to same day | Requires an eligible FasaPay account. Country availability, account verification and transaction limits may apply. |
| Neteller | $50 | 0% broker deposit fee, provider/network terms may apply | Instant to same day | Requires an eligible NETELLER account. Country availability, account verification and transaction limits may apply. |
| Skrill | $50 | 0% broker deposit fee, provider/network terms may apply | Instant to same day | Requires an eligible Skrill account. Country availability, account verification and transaction limits may apply. |
| Tether | $50 | 0% broker deposit fee, provider/network terms may apply | Instant to same day | USDT is available on multiple networks. Use the exact network and address shown in the deposit instructions; a mismatch may result in permanent loss. |
| WebMoney | $50 | 0% broker deposit fee, provider/network terms may apply | Instant to same day | Availability is restricted in some countries. Supported wallets, verification and transaction rules vary by jurisdiction. |
| Wire Transfer | $50 | 0% broker deposit fee, provider/network terms may apply | 1–5 business days | Use the beneficiary, bank details and payment reference provided. Intermediary bank fees, currency conversion and processing delays may apply. |
Withdrawal Methods
| Method | Withdrawal Minimum | Broker Fee | Expected Arrival | Important Restriction |
|---|---|---|---|---|
| Bitcoin | $10 | 0%–0.5% depending crypto route/network | Provider/network dependent | Use a valid Bitcoin address and supported network; crypto withdrawals are irreversible. |
| Fasapay | $10 | No fixed public broker fee was verified; payment-provider or intermediary charges may apply. | Usually within 2 business days | Requires an eligible FasaPay account; country, verification and limits apply. |
| Neteller | $10 | 2% (minimum 1 USD/EUR) | Within 2 business days | Requires an eligible NETELLER account; verification, country and wallet limits apply. |
| Skrill | $10 | 1% | Usually within several minutes after processing | Requires an eligible Skrill account; verification, country and wallet limits apply. |
| Tether | $10 | 0%–0.5% depending crypto route/network | Provider/network dependent | USDT uses multiple networks; choose the exact supported network or funds may be lost. |
| WebMoney | $10 | No fixed public broker fee was verified; payment-provider or intermediary charges may apply. | Usually within 2 business days | Availability is restricted in some countries; wallet, verification and limits vary by jurisdiction. |
| Wire Transfer | $10 | About $35–$50 | 3–5 business days | Enter bank, recipient and SWIFT/BIC details exactly; fees and processing delays may apply. |
Payment Rules
Providers may set their own eligibility, verification, country and transaction limits. Crypto transfers require the correct network and address; an incorrect transfer may be irreversible. Wire transfers may incur intermediary-bank fees, currency conversion and processing delays.
Customer Support
| Route | Access | Hours | Human / Automated | Languages / Conditions |
|---|---|---|---|---|
| Live Chat | Live chat | No single global schedule; hours vary by location | Human / agent-assisted | Language coverage varies by location; no single global list is stated. |
| [email protected] | Messages accepted 24/7; response coverage varies by office/location | Human / agent-assisted | Language coverage varies by office/location. | |
| Phone | +44 (845) 09-50-118 | Office-specific; for example, San José Monday–Friday 10:00–19:00 local and Almaty Monday–Friday 10:00–18:00 local | Human / agent-assisted | Phone number, hours and language depend on the selected office. |
| Call-back request | By request | Timing depends on office/support availability | Human / callback | Availability depends on office/location and contact details. |
Support is organized by office rather than around a single global schedule. Customers report mixed experiences: some describe professional, polite service and useful technical support, while others report difficulty obtaining effective help through direct channels and lengthy verification cases.
Research, Trading Tools, and Education
| User Need | Available Resources | Provider | Access Requirement | Depth / Limitation |
|---|---|---|---|---|
| Learning forex basics | Forex for Beginners, FAQ and Glossary | FIBO Group | Access conditions are not stated as a single universal rule; availability may vary by account, platform, region or login status. | Coverage, depth and update frequency vary by topic/resource; the material is informational rather than personalised advice. |
| Following scheduled economic events | Economic Calendar | FIBO Group calendar; underlying data vendor not identified | Public-versus-login access is not specified; availability may vary by entity and platform. | Scheduled macro events include actual, forecast and previous data; unscheduled news and other market-moving events are not comprehensively covered. |
| Market commentary and headlines | Market Analysis and Market News | FIBO Group; external news vendor not identified | Public-versus-login access is not specified; availability may vary by entity. | Commentary coverage and publishing frequency vary; news coverage, latency and provider mix may not include every relevant source. |
| Tracking prices and policy rates | Live Quotes and Central Bank Rates | FIBO Group platform market data and reference data; underlying external providers are not identified | Access varies by instrument, venue and data entitlement; broker login or exchange permissions may be required for quotes. | Some quotes may be indicative or delayed; central bank rates are periodic reference information, not a complete view of monetary conditions. |
Who FIBO Group Fits
| Trader Profile | Why It May Suit Them | Main Reservation |
|---|---|---|
| Experienced traders comparing execution models | MT4, MT5 and cTrader accounts cover fixed, cent, NDD and zero-spread pricing configurations. | Commission and spread structures differ, and slippage can be favorable or unfavorable on market and stop orders. |
| Traders building automated strategies | MT4 and MT5 support desktop Expert Advisors, while cTrader supports cBots; VPS hosting is also available. | MetaTrader automation is desktop/VPS-centric; cBot creation and testing are centred on Windows or Mac. |
| Traders seeking cent-denominated accounts | MT4 and MT5 cent accounts have a 1-cent-equivalent minimum deposit and no commission. | The highest 1:5000 leverage is limited to cent accounts and decreases as equity grows. |
| PAMM investors and managers | FIBO Group offers PAMM profit-sharing programs and volume-based rebate incentives. | The international entity is regulated by the BVI FSC and has no investor compensation scheme. |
Before you deposit
Key Conditions to Verify Before Funding
Client eligibility and entity Tap to read the check Tap to collapse
FIBO Group excludes residents of the United Kingdom, North Korea and the United States. International clients contract with FIBO Group Ltd under the BVI FSC framework, without an investor compensation scheme.
Account minimum and leverage Tap to read the check Tap to collapse
Cent accounts start at a 1-cent equivalent, while NDD and cTrader minimums range from $50 to $300. The 1:5000 maximum applies only to cent accounts and falls as equity grows.
Withdrawal charges Tap to read the check Tap to collapse
Fees depend on the route. Examples include 1% for Skrill, 2% for Neteller (minimum 1 USD/EUR) and about $35–$50 for wire transfers.
Crypto payment network Tap to read the check Tap to collapse
Use the exact address and supported network shown for Bitcoin or Tether transfers; an incorrect network or address can result in irreversible loss.
Swap-free account conditions Tap to read the check Tap to collapse
The Islamic option is available on eligible MT4 accounts. On MT4 Fixed, the swap-free option replaces swaps with wider fixed spreads.
FxFind's Assessment on FIBO Group
FIBO Group offers several account configurations across MT4, MT5 and cTrader, including cent, fixed-spread, spread-only and commission-based NDD options. This range is relevant to experienced traders comparing execution and pricing, as well as users interested in PAMM or platform automation.
Account choice affects both costs and leverage, and international clients use a BVI-regulated entity without an investor compensation scheme. The 1:5000 maximum is limited to cent accounts and declines as equity grows; lower starting spreads on NDD and cTrader accounts come with commissions. Traders interested in these configurations who can accept the applicable regulatory framework are the most natural fit. Those requiring an investor compensation scheme or a different regional protection regime may prefer another structure.
Review method: FxFind’s assessment considers the broker’s regulatory, product, pricing, platform, payment, support and research information alongside FxFind category scores. See the FxFind Broker Review Methodology for scoring criteria and weightings.
Questions Readers Usually Have About FIBO Group
Which regulator oversees FIBO Group for international clients?
International clients use FIBO Group Ltd, regulated by the FSC in the British Virgin Islands under licence SIBA/L/13/1063. The entity has no investor compensation scheme.
What is FIBO Group’s minimum deposit?
MT4 and MT5 cent accounts have a 1-cent-equivalent minimum. NDD and cTrader account minimums range from $50 to $300, depending on the configuration.
Does FIBO Group offer 1:5000 leverage on every account?
No. The 1:5000 maximum applies only to cent accounts and drops as equity grows. Other account limits are lower, and market leverage may also be reduced for larger positions or during volatility and news.
Which trading platforms can FIBO Group clients use?
FIBO Group offers MetaTrader 4, MetaTrader 5 and cTrader, as well as MT4 and MT5 WebTerminals. Desktop, web and mobile availability differs by platform; full MetaTrader Expert Advisor workflows require a desktop or VPS environment.
Are withdrawals free?
No. Charges depend on the payment route: Skrill withdrawals carry a 1% fee, Neteller charges 2% with a 1 USD/EUR minimum, and wire transfers cost about $35–$50. Crypto withdrawal fees range from 0% to 0.5%, depending on route and network.
Does FIBO Group offer swap-free accounts?
Yes. An Islamic option is available on eligible MT4 accounts. On MT4 Fixed, the swap-free option uses wider fixed spreads instead of swaps.
Can FIBO Group clients use automated trading?
MetaTrader Expert Advisors are supported on desktop or VPS, while cTrader supports cBots in C# or Python. The browser MetaTrader terminals do not run Expert Advisors or scripts.
Which countries are restricted?
FIBO Group lists the United Kingdom, North Korea and the United States as restricted. Other country and payment-provider restrictions may also apply.