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Score

4.11 /10
Average

Tibiglobe

South Africa

1-2 years

Regulated in South Africa

Financial Service Corporate

MT5 Full License

Global Business

Suspicious Overrun

Medium potential risk

https://www.tibiglobe.com

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Score

Regulatory Index3.51

Business Index4.83

Risk Management Index0.00

Software Index9.20

License Index3.51

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Tibiglobe (PTY) Ltd

Company Abbreviation

Tibiglobe

Platform registered country and region

South Africa

Company website

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Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2024-12-24
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 50012)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

Tibiglobe · Company summary
Tibiglobe Review Summary
Founded2022
Registered Country/RegionSouth Africa
RegulationExceeded
Market InstrumentsStocks, Metals, Indices, Fx Pairs, and Crypto
Demo AccountYes
LeverageUp to 1:500
SpreadStarting from 0.0 pips
Trading PlatformMeta Trader 5
Min Deposit$50
Customer Support+27 11 7594012, +357 25266066
contactus@tibiglobe.com

Tibiglobe Information

Tibiglobe is an online trading broker, offering many market instruments, including stocks, metals, indices, FX pairs, and cryptocurrencies. Traders can choose from four account types, such as Spread, Raw, Pro, and VIP as well as demo accounts through Meta Trader 5. It offers high leverage up to 1:500 and low deposit requirements with spreads starting from 0.0 pips and zero transaction fees. However, its license regulated by FSCA is exceeded.

Tibiglobe Information

Pros and Cons

ProsCons
  • Support Meta Trader 5
  • Exceeded license
  • Offers four account types with the demo account
  • Limited information on withdrawal
  • High leverage up to 1:500
  • Low minimum deposit of $50
  • No transactions fees

Is Tibiglobe Legit?

Tibiglobe was a Financial Service Corporate regulated by The Financial Sector Conduct Authority (FSCA) in South Africa with a license number of 50012. But the license has been exceeded currently.

Regulatory StatusExceeded
Regulated byThe Financial Sector Conduct Authority (FSCA)
Licensed InstitutionTibiglobe (PTY) Ltd
Licensed TypeFinancial Service Corporate
Licensed Number50012
Is Tibiglobe Legit?

What Can I Trade on Tibiglobe?

Tibiglobe offers many market instruments, including FX pairs, stocks, metals, indices, energies, and cryptocurrencies.

Tradable InstrumentsSupported
FX pairs✔
Metals✔
Stock✔
Indices✔
Cryptocurrency✔
Energies✔
Metals❌
Shares❌
What Can I Trade on Tibiglobe?

Account Type

Tibiglobe offers four types of accounts: Spread, RAW, PRO, and VIP.It also offers demo accounts. You can refer to the table for details.

Account TypeSpreadTransaction FeesCommissionLeverageStop Out LevelMinimum DepositOther Features
Tibi SpreadSpreadNo$0Up to 1:50050%$50Competitive spreads, confident trading
Tibi RawRaw SpreadNo$6/lot per sideUp to 1:50030%$200Direct access to market data, fast order execution
Tibi ProSpreadNo$0Up to 1:50030%$2,000Specifically designed for experienced traders
Tibi VIPRaw SpreadNo$3/lot per sideUp to 1:50030%$5,000Premium trading experience, take charge of your financial destiny
Account Type

Tibiglobe Fees

Tibiglobe charges no commission for Tibi Spread and Tibi Pro, with spreads starting from 0.0 pips and stopping out level at 30%. You can refer to the table for more information.

Account TypeSpreadTransaction FeesCommissionLeverageStop Out Level
Tibi SpreadSpreadNo$0Up to 1:50050%
Tibi RawRaw SpreadNo$6/lot per sideUp to 1:50030%
Tibi ProSpreadNo$0Up to 1:50030%
Tibi VIPRaw SpreadNo$3/lot per sideUp to 1:50030%
Tibiglobe Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Meta Trader 5✔PC and MobileInvestors of all experience levels
Trading Platform

Deposit and Withdrawal

Tibiglobe requires a minimum deposit of $50, with no transaction fees.

Account TypeTransaction FeesMinimum Deposit
Tibi SpreadNo$50
Tibi RawNo$200
Tibi ProNo$2,000
Tibi VIPNo$5,000

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Raj Kumarir
more than one year
A guy named Jimmy contacted me not long before, and he told me he could give me some " valuable tips" on my investments. I could not find his contact number after losing my mobile phone, so I am here to ask: how is this company?
A guy named Jimmy contacted me not long before, and he told me he could give me some " valuable tips" on my investments. I could not find his contact number after losing my mobile phone, so I am here to ask: how is this company?
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2024-07-22 12:27
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Michael Evans
more than one year
Yeah, so Tibiglobe, it's alright, mostly works fine. But it ain't perfect, you know? Like, their MT5 platform, sometimes it gets a bit sluggish, which can be annoying. But the real kicker for me was this one time, trading EUR/USD. I closed the trade, and the spread went nuts! We're talking like 10 pips difference, crazy high, right？
Yeah, so Tibiglobe, it's alright, mostly works fine. But it ain't perfect, you know? Like, their MT5 platform, sometimes it gets a bit sluggish, which can be annoying. But the real kicker for me was this one time, trading EUR/USD. I closed the trade, and the spread went nuts! We're talking like 10 pips difference, crazy high, right？
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2024-06-28 17:35
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