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FiboGroup

FiboGroup

Founded 1998 · Limassol, Cyprus

  • FSC

7.2

Overall

Safety 6.5
Trading Costs 6.5
Execution 7
Rebate Terms 9
Deposits & W/D 8
Transparency 7

Rating Index

$1

Min. Deposit

0.0 pips

Raw Spread

1:3000

Max Leverage

Instruments

3 Platforms

MT4/MT5/cTrader

Fatemeh Bayan

Author

Fact-Checker

Last Update

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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.

RebateGain does not currently offer cashback on FIBO Group. If you would like us to add it, let us know, and in the meantime you can earn a rebate on the brokers we already cover.

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.

AccountMin. depositPlatformsPricing modelMax leverage
MT4 CentFrom $1MT4Spread, cent lotsup to 1:3000
MT4 Fixed$50MT4Fixed spread, no commissionup to 1:200
MT4 & MT5 NDD$50MT4, MT5Variable spread + commissionup to 1:400
MT4 NDD No Commission$50MT4Variable spread, no commissionup to 1:400
cTrader NDD$50cTraderRaw spread + commissionup 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 classWhat you can trade
ForexMajor, minor and exotic currency pairs
MetalsGold, silver and other metals
EnergiesCrude oil and energy products
IndicesMajor global stock indices
Share CFDsCFDs on listed company shares
CryptocurrenciesPopular 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

MT4

Desktop · WebTrader · iOS · Android

MT5

MT5

Desktop · WebTrader · iOS · Android · Mac OS · Linux

cTrader

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

Frequently Asked Questions

The MT4 Cent account opens from about a dollar. The Fixed, NDD, NDD No Commission, and cTrader NDD accounts each open from $50.

Your FIBO Group login works across the client portal and the platform you trade on. Sign in to the client portal with your registered email and password, or log in directly inside MT4, MT5, or cTrader using your account details.

Yes. FIBO Group is a regulated broker, run by FIBO Group Ltd and licensed by the FSC. It has operated since 1998, which is among the longest track records in the retail forex industry.

Yes. FIBO Group is regulated by the FSC. Which licensing entity covers your account depends on where you register, so check the contracting entity named in your client agreement.

Five: MT4 Cent, MT4 Fixed, MT4 & MT5 NDD, MT4 NDD No Commission, and cTrader NDD. They differ by pricing model, platform, and leverage.

Yes. The FIBO Group cent account, called MT4 Cent, trades in cent lots from a very low minimum, which makes it a low-risk way to test a strategy with real money before scaling up.

MetaTrader 4, MetaTrader 5, and cTrader. You can download MT4 for desktop, web, or mobile from your FIBO Group client portal or the platform's official page after opening an account.

Up to 1:3000 on the MT4 Cent account. The Fixed account is up to 1:200, and the NDD accounts up to 1:400. The exact cap depends on the instrument and the entity you register under.

It depends on the account. The MT4 & MT5 NDD and cTrader NDD accounts charge a commission per lot on top of the spread; confirm whether it is per side or per round turn. The Fixed and NDD No Commission accounts have no separate commission.

Yes. Demo accounts are available on MetaTrader, so you can test your strategy before funding a live account.

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