Home -
Original -
Main body -

WikiFX Express

Exness
EC Markets
TMGM
XM
FOREX.com
FXTM
AvaTrade
FXCM
IC Markets Global
ACCM

FIBO Group Review 2025: Is This Forex Broker a Scam or Legit?

WikiFX | 2025-05-19 14:26

Abstract:FIBO Group review 2025: Low WikiFX rating, offshore regulation, and withdrawal issues raise scam concerns. Explore pros, cons, and trader insights.

Banners.jpg

Overview

FIBO Group, or Financial Intermarket Brokerage Online Group, has been in the forex and CFD trading game since 1998. Based in Vienna, Austria, with offices in places like Cyprus, it offers trading in forex, metals, indices, commodities, and crypto. Traders can use platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), or cTrader, with account options like MT4 NDD, Fixed Spread, or PAMM for managed accounts. FIBO Group promotes itself as a trusted name with tight spreads and solid tech, but doubts linger about its regulation and openness, with some calling it a possible scam due to weak oversight.

WikiFX Ratings and Reviews

WikiFX, a site that checks out forex brokers, gives FIBO Group a low score of 4.95 out of 10. This puts it behind top brokers. The rating comes from shaky regulation and mixed user feedback. Some traders like the fast trades and low costs on MT4 NDD accounts, saying the platform runs smoothly. But others complain about slow withdrawals, unhelpful support, and sudden account limits. Many point out the lack of clear regulatory details, which hurts trust. WikiFX labels FIBO Group a “suspected scam” because it lacks strong licenses from regulators like the FCA or ASIC, warning traders to be careful.

fibo_group_licenses.png

You can check out more reviews of Fibo Group from the link below:

https://www.wikifx.com/en/dealer/0001861869.html

Regulatory Information

A broker‘s regulation is key to its trustworthiness. FIBO Group says it’s overseen by the British Virgin Islands Financial Services Commission (BVI FSC), license SIBA/L/13/1063. But the BVI is an offshore regulator with looser rules than heavyweights like the UK‘s FCA or Australia’s ASIC. WikiFX calls this license “suspected” since it offers less protection for traders. Theres no solid proof that FIBO Group has licenses from stricter regulators, despite its claims of following rules. Offshore setups often signal higher risks of fraud, so traders should double-check with the FSC or other bodies before signing up.

Fibo_Group.png

Physical Offices

FIBO Group lists offices in:

  • Vienna, Austria (HQ): Wipplingerstrasse 34, Block B, Office 128-130.
  • Limassol, Cyprus: 2 Georgiou Griva Digeni Avenue, Office 501.
  • Other spots: Munich, Almaty, and Shanghai, but details are thin.

WikiFX verified the Cyprus office exists but isn‘t sure how active it is. The Vienna HQ is listed, but recent checks are missing. Having offices sounds good, but without clear info on what they do or their compliance, it doesn’t prove much. Traders shouldnt assume offices mean safety.

Latest News and Social Media Insights

News about FIBO Group in 2025 is scarce, with no big stories in major outlets. On X, opinions split. A trader (@TraderX2025) in April 2025 liked MT5‘s speed, but another (@FXWatchdog) in March 2025 griped about a month-long withdrawal delay, hinting at shady tactics. These posts show personal experiences, not hard facts, but echo WikiFX complaints about slow payouts. FIBO Group’s Twitter and LinkedIn pages post promos, not answers to client issues, and updates are rare. This quietness suggests theyre not open about addressing concerns.

Pros and Cons

Pros:

  • Multiple Platforms: MT4, MT5, and cTrader suit different traders.
  • Account Choices: NDD, Fixed, and PAMM accounts work for newbies and pros.
  • Experience: Around since 1998, showing some staying power.
  • Low Spreads: NDD accounts can save money on trades.

Cons:

  • Weak Regulation: BVI FSC oversight lacks strong protection, raising scam fears.
  • Withdrawal Problems: Many users report delays or issues getting funds.
  • Bad Support: Complaints about slow or unhelpful customer service.
  • Low WikiFX Score: 4.85/10 signals trust and reliability issues.
  • Not Transparent: Little info on offices or regulation details.

Conclusion

FIBO Group looks like a seasoned broker with flexible platforms and account types, appealing to traders who want low costs. But its low 4.95 WikiFX score, offshore BVI regulation, and reports of withdrawal delays and poor support raise big concerns. Offices in Vienna and Cyprus exist, but unclear operations and quiet social media dont help its case. Traders should tread carefully, check claims themselves, and maybe start with small deposits. For safer bets, brokers with FCA or ASIC licenses might be smarter picks.

Curious about FIBO Group? Check out our 2025 review to uncover the truth behind its low WikiFX rating, offshore regulation, and withdrawal concerns before you trade.

Footer.jpg
Forex newsBreaking NewsMarket NewsBrokerForex BrokerForex trading

Related broker

Offshore Regulated
FIBO Group
Company name:FIBO Group, Ltd
Score
4.95
Website:http://www.fibogroup.com/
15-20 years | Regulated in Cyprus | Regulated in The Virgin Islands | Common Financial Service License
Score
4.95

Read more

Axi Select Hits $7.6M in Trader Payouts

Axi Select celebrates its 5th $1M funded trader and over $7.6M in payouts, marking a major milestone in its global trader funding program.

Original 2025-08-27 16:44

WikiFX Report: MultiBank Group’s Footsteps in the Philippines

MultiBank Group, a global financial services provider, has launched operations in the Philippines a long time ago, where its entry, activities, and eventual retreat from the market left behind a trail of questions. This article reviews the broker’s history in the country, highlights specific cases, and underscores the importance of caution when dealing with MultiBank Group.

Original 2025-08-27 16:36

WikiFX Report: Is Travelex Legit?

Travelex is a forex broker in the market that has the trading experience of more than 20 years. However, with the emergence of numerous unregulated and fraudulent brokers in the forex industry, traders often ask: Is Travelex legit? Therefore, we made a comprehensive review of this broker.

Original 2025-08-27 16:26

Forex Margin Trading Explained

The central theme is this: what is a forex margin? It's a powerful tool. Like any powerful tool, from a chainsaw to a sports car, its effectiveness and safety depend entirely on the user's skill, knowledge, and discipline. In disciplined hands that respect risk, it's a tool for capital efficiency. In unprepared hands, it's a fast track to a zeroed account. Master margin concepts and risk management before dreaming of large profits. Building your trading career on solid capital preservation is the only sustainable path to long-term forex market success.

Original 2025-08-27 16:17

WikiFX Express

Exness
EC Markets
TMGM
XM
FOREX.com
FXTM
AvaTrade
FXCM
IC Markets Global
ACCM

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
FOREX.com

FOREX.com

Regulated
Eightcap

Eightcap

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
FOREX.com

FOREX.com

Regulated
Eightcap

Eightcap

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
FOREX.com

FOREX.com

Regulated
Eightcap

Eightcap

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
FOREX.com

FOREX.com

Regulated
Eightcap

Eightcap

Regulated

Latest News

Why Are Investors Losing Trust in StoneX? What You Need to Know

WikiFX
2025-08-25 19:01

Forex Lot Size Explained: A Complete Guide to Standard, Mini, & Micro Lots

WikiFX
2025-08-26 14:27

Trader’s Way Exposed: Where Winning Trades Turn into Losses Overnight

WikiFX
2025-08-25 18:22

Checkout List of 7 "FCA WARNED" Unauthorized Brokers

WikiFX
2025-08-25 17:27

Pip Value Calculation Guide: How Much Is a Pip in Forex Really Worth?

WikiFX
2025-08-25 15:20

Football Meets Finance: PSG Signs Global Partnership With WeTrade

WikiFX
2025-08-25 17:15

Activity Upgraded! The 2025 WikiFX “Global Broker Review Contest” Grandly Launches!

WikiFX
2025-08-25 18:23

What is Spread in Forex? How It Affects Your Trading Costs (A Complete Guide)

WikiFX
2025-08-26 14:33

SEC Flags Five More Unregistered Crypto Platforms in PH

WikiFX
2025-08-26 17:04

Webull Brings Crypto Trading Back to App

WikiFX
2025-08-26 17:24

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Beta Trade Tech

Beta Trade Tech

Tradecoinsfx

Tradecoinsfx

Capitaloptions

Capitaloptions

Capital Profit Pro

Capital Profit Pro

Capital-Trade Invest

Capital-Trade Invest

LBX

LBX

Digital VaultMarket

Digital VaultMarket

MabiconTrade

MabiconTrade

FFX Liquidity

FFX Liquidity

BITWORLDTRADE

BITWORLDTRADE