Fibo Group Overview
FIBO Group, run by FIBO Group Ltd, is a forex and CFD broker established in 1998, which makes it one of the longest-running brokers retail traders can use today. It is regulated by the FSC and runs on MetaTrader 4, MetaTrader 5, and cTrader. The broker offers five account types, from a cent account with a very low entry up to commission-based NDD accounts. The sections below set out its accounts, regulation, costs, funding, and platforms so you can judge whether it fits the way you trade.
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FIBO Group Account Types
FIBO Group runs five account types, and they cover an unusually wide range. There is a cent account for trading in tiny sizes, a fixed-spread account, two no-dealing-desk (NDD) accounts on MetaTrader, and an NDD account on cTrader. The main differences are the pricing model, the platform, and the leverage cap.
| Account | Min. deposit | Platforms | Pricing model | Max leverage |
|---|---|---|---|---|
| MT4 Cent | From $1 | MT4 | Spread, cent lots | up to 1:3000 |
| MT4 Fixed | $50 | MT4 | Fixed spread, no commission | up to 1:200 |
| MT4 & MT5 NDD | $50 | MT4, MT5 | Variable spread + commission | up to 1:400 |
| MT4 NDD No Commission | $50 | MT4 | Variable spread, no commission | up to 1:400 |
| cTrader NDD | $50 | cTrader | Raw spread + commission | up to 1:400 |
MT4 Cent Account
The MT4 Cent account is built for trading in very small sizes. It opens from about a dollar, trades in cent lots, and carries leverage up to 1:3000. It suits a beginner testing a strategy or an expert advisor with real money before scaling up. Treat the 1:3000 figure with care: high leverage magnifies losses as much as gains.
Advantages
- Opens from a very low minimum
- Cent lots keep risk small while you learn
- Runs on MT4 with full EA support
Disadvantages
- You will outgrow cent sizing as your account grows
- Leverage up to 1:3000 magnifies losses as much as gains
MT4 Fixed Account
The MT4 Fixed account opens from $50 and uses fixed spreads with no commission. A fixed spread does not widen when the market gets busy, which makes your cost predictable around news and in volatile sessions. Leverage on this account is up to 1:200.
Advantages
- Fixed spreads keep your cost predictable
- No separate commission to track
- Useful around news and in volatile markets
Disadvantages
- Fixed spreads are usually wider than variable spreads in calm markets
- Leverage is capped lower, at 1:200
MT4 & MT5 NDD Account
The MT4 & MT5 NDD account uses no-dealing-desk execution, which passes your orders to liquidity providers rather than handling them on an internal dealing desk, with variable spreads and a commission per lot. It opens from $50 and runs on both MT4 and MT5, with leverage up to 1:400. Confirm whether the commission is charged per side or per round turn before you trade, since that changes the headline number.
Advantages
- NDD execution with variable spreads
- Runs on both MT4 and MT5
- Leverage up to 1:400
Disadvantages
- A commission applies on top of the spread
- Two cost components to track instead of one
MT4 NDD No Commission Account
The MT4 NDD No Commission account gives you no-dealing-desk execution with the cost built into the spread, so there is no separate commission to track. It opens from $50 on MT4, with leverage up to 1:400. It suits a trader who wants NDD pricing but prefers one simple cost figure.
Advantages
- NDD execution with no separate commission
- One simple cost figure to follow
- Leverage up to 1:400
Disadvantages
- Spreads are wider than the commission-based NDD account
- MT4 only
cTrader NDD Account
The cTrader NDD account runs on cTrader, with raw spreads and a commission per lot. It opens from $50, with leverage up to 1:400, and suits traders who prefer cTrader’s depth-of-market view and order tools. As with the other commission accounts, confirm whether the commission is per side or per round turn.
Advantages
- Raw spreads on the cTrader platform
- cTrader's depth-of-market and order tools
- Leverage up to 1:400
Disadvantages
- A commission applies on top of the raw spread
- Limited to the cTrader platform
Regulation & Safety
FIBO Group is regulated by the FSC (Financial Services Commission). The strongest point in its favour on safety is longevity: a broker that has operated since 1998 has run through multiple market cycles, which is not something a newer name can claim.
As with most international brokers, the protection that applies to you depends on the entity you register under. Open your client agreement, find the name of the contracting entity, and confirm its licence and jurisdiction. That entity sets the rules for your balance, your leverage cap, and any compensation rights you may have.
FSC (Financial Services Commission)
FIBO Group Ltd holds a licence with the FSC. The FSC licence requires the entity to meet the authority’s standards for operating and serving clients under its oversight. Confirm the specific licensing entity and jurisdiction in your client agreement before funding, since that is what determines the rules that apply to your account.
Spreads, Commissions & Fees
FIBO Group covers most pricing models in one place. The Fixed account charges a fixed spread with no commission. The NDD No Commission account uses variable spreads with the cost in the spread. The MT4 & MT5 NDD and cTrader NDD accounts use tighter spreads plus a commission per lot. Where a commission applies, check whether it is charged per side or per round turn, since that doubles the headline number.
FIBO Group spreads are not published in a single, easy-to-find live table, and any “from” figure is a best-case number seen in liquid hours rather than the average you should plan around. The reliable way to read your real cost on a pair is to watch it in the platform across a normal session.
Advantages
- A pricing model for most styles: fixed, spread-only NDD, or raw plus commission
- Fixed spreads stay predictable in volatile markets
- No commission on the Fixed and NDD No Commission accounts
Disadvantages
- Exact spread and commission figures are not published in one place
- Commission terms vary by account, so confirm before funding
Deposits & Withdrawals
FIBO Group supports the usual funding channels: bank cards, bank transfer, and e-wallets. The exact methods open to you, along with any minimums and processing times, depend on your region and the entity you register under, so confirm the current list inside your client portal before funding.
Two habits are worth keeping with any broker: withdraw back to the same method you funded with, since compliance teams usually require it, and run a small test withdrawal early to confirm the process and the real timeline before larger amounts are involved.
Advantages
- Standard card, bank transfer and e-wallet options
- Methods and minimums shown in your client portal
Disadvantages
- Exact methods and any crypto support depend on your region and entity
- Confirm minimums and timings in the portal before funding
Leverage & Instruments
Leverage on FIBO Group accounts ranges widely: up to 1:3000 on the MT4 Cent account, 1:200 on the Fixed account, and up to 1:400 on the NDD accounts. Very high leverage cuts both ways and magnifies losses as much as gains, so size your positions to the risk, not to the cap. As with most brokers, the top figure is for major forex pairs; metals, indices, and crypto carry lower limits.
On the instrument side, FIBO Group covers the main CFD asset classes across its platforms. The full, current list is available inside the terminal once you open an account; confirm any specific market you plan to trade before funding.
| Asset class | What you can trade |
|---|---|
| Forex | Major, minor and exotic currency pairs |
| Metals | Gold, silver and other metals |
| Energies | Crude oil and energy products |
| Indices | Major global stock indices |
| Share CFDs | CFDs on listed company shares |
| Cryptocurrencies | Popular crypto pairs (where available) |
Advantages
- Very high leverage available on the cent account for those who want it
- Covers forex, metals, energies, indices, shares and crypto
- One account can span several asset classes
Disadvantages
- Leverage up to 1:3000 magnifies losses as much as gains
- Instruments are CFDs, giving price exposure, not ownership
Trading Platforms
FIBO Group runs on MetaTrader 4, MetaTrader 5, and cTrader.
MetaTrader 4 and MetaTrader 5
These are the industry standard for retail forex and CFD trading. You can download MT4 for desktop, web, or mobile, and any custom expert advisors, indicators, or chart setups carry across to FIBO Group without rebuilding. MT5 adds more timeframes, a built-in economic calendar, and broader asset coverage. Most of FIBO Group’s accounts run on MT4, with the NDD account also available on MT5.
cTrader
cTrader is available on the cTrader NDD account, chosen by traders who prefer its depth-of-market view and advanced order tools. It is a different interface from MetaTrader, so it is worth trying on a demo first if you have not used it before.
Demo accounts
Demo accounts are available on MetaTrader so you can test a strategy or get used to the platform before funding a live account.
MT4
Desktop · WebTrader · iOS · Android
MT5
Desktop · WebTrader · iOS · Android · Mac OS · Linux
cTrader
Desktop · WebTrader · iOS · Android · Mac OS
Advantages
- MT4, MT5 and cTrader all supported
- Existing MetaTrader EAs and setups carry over
- Wide account choice across the platforms
Disadvantages
- No single in-house platform beyond MetaTrader and cTrader
- cTrader is limited to one account type