FIBO Group

Last updated

FIBO Group
Company type Private
Industry Financial services
Founded1998 (1998)
Headquarters
Road Town
,
British Virgin Islands
Services Forex trading, CFDs, commodities, cryptocurrencies, stocks and ETFs
Website www.fibogroup.com

FIBO Group is a forex and CFDs broker registered in the British Virgin Islands. [1] The company operates as an online broker, offering leveraged retail foreign exchange trading services as well as contracts for difference (CFDs) on commodities, indices, cryptocurrencies, stocks, and exchange-traded funds (ETFs). [2]

Contents

History

FIBO Group was founded in 1998 under the name Financial Intermarket Brokerage On-Line (FIBO) as an investment-consulting firm. [1] It began offering online forex brokerage services in 2003 and added CFD trading in 2004. [2] The company was among the first forex brokers in Russia, ranking fourth by client numbers in 2011 (approximately 35,500 retail clients) before declining to twelfth place by 2016 (6,500 clients). [3] [4]

In August 2015, the group's Australian licence, which it held since 2013, was cancelled by the Australian Securities and Investments Commission (ASIC). [5]

In 2017, FIBO Group introduced cryptocurrency CFDs. [6] In 2023, it announced expansion of its CFD business into Latin America through its BVI-regulated entity. [7]

FIBO Group Asia Pte Ltd., which was based in Singapore, was de-registered by the Accounting and Corporate Regulatory Authority (ACRA) on April 4, 2019. [8]

The group's Russian company, ООО FIBO Group, was liquidated on October 27, 2022. [9]

The licence from the Cyprus Securities and Exchange Commission (CySEC) through FIBO Markets Ltd. (formerly FIBO Group Holdings Ltd., licence 118/10) was voluntarily renounced in December 2024; CySEC formally withdrew the licence on 25 August 2025. [10]

Throughout its history, FIBO Group operated through several subsidiaries registered in different jurisdictions. As of December 2025, the only operating entity, FIBO Group, Ltd., is incorporated in the British Virgin Islands and regulated by the British Virgin Islands Financial Services Commission (BVI FSC) under licence number SIBA/L/13/1063. [11]

Operations

FIBO Group provides retail forex and CFD trading. Instruments include currency pairs, spot metals, stock indices, individual shares, ETFs, commodities, and cryptocurrencies. The broker offers percent allocation management module (PAMM) accounts, copy-trading signals, and managed-account services. [1]

Trading is conducted through MetaTrader 4, MetaTrader 5, and cTrader platforms. [1] In 2013, the broker briefly supported ZuluTrade integration but pulled out just 4 months after its introduction. [12] [13]

References

  1. 1 2 3 4 "Fibo Group Review – Updated December 2025". FxScouts. 2025-11-03. Retrieved 2025-12-06.
  2. 1 2 "FIBO Group Reviews". EarnForex. 2025-12-06. Retrieved 2025-12-06.
  3. ↑ "Доля отсутствия". Kommersant (in Russian). 2011-12-01. Retrieved 2025-11-17.
  4. ↑ "Дилер по размеру". Kommersant (in Russian). 2016-07-07. Retrieved 2025-12-07.
  5. ↑ "XM.com, FIBO Group to cease offer of services to Australian clients". LeapRate. 2015-08-27. Retrieved 2025-12-07.
  6. ↑ "FIBO Group Follows Industry's Lead, Launches Cryptocurrency CFDs Trading". Finance Magnates. 2017-07-14. Retrieved 2025-12-07.
  7. ↑ "FIBO Group Expands its CFD Business to Latin America". FastBull. 2023-01-10. Retrieved 2025-12-07.
  8. ↑ "STRIKING OFF - FINAL GAZETTE NOTIFICATION" (PDF). ACRA. 2019-04-04. Retrieved 2025-12-07.
  9. ↑ "ООО «ФИБО ГРУП»". RBC.ru (in Russian). Retrieved 2025-12-07.
  10. ↑ "CySEC withdraws license of Fibo Markets". FX News Group. 2025-09-04. Retrieved 2025-12-07.
  11. ↑ "FIBO GROUP, LTD". British Virgin Islands Financial Services Commission. Retrieved 2025-12-07.
  12. ↑ "FIBO Group Joins the Ranks of ZuluTrade Brokers". ForexBrokerz. 2013-03-21. Retrieved 2025-12-07.
  13. ↑ "FIBO Group Cuts Off Social Forex Networks ZuluTrade and Tradency". ForexBrokerz. 2013-07-23. Retrieved 2025-12-07.
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