MyFxBots In-Depth Review of FiboGroup

The published comparison lists MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission, MT5 NDD, MT5 Cent, cTrader NDD and cTrader Zero Spread. Minimum live deposit is listed as one cent for the cent accounts and USD 50 for the other standard accounts. Demo accounts are offered.

Islamic versions are documented for MT4 Fixed, MT4 NDD and MT4 NDD No Commission. They remove overnight interest charges, but a fixed weekly charge applies to open positions: USD 100 per standard lot for currencies and USD 200 per standard lot for metals. The company can close an Islamic account or return it to the standard account group under its terms.

PAMM accounts let investors allocate funds to a manager; minimum managed-account deposit is listed as USD 300. cTrader Copy lets users copy strategy providers. PAMM and copy trading involve loss risk and past performance does not guarantee future results. A separate institutional account class was not verified. The SYNERGY partner program is an affiliate arrangement, not a client trading account.

Published payment methods include SEPA/SWIFT bank transfers, Visa, Mastercard, Neteller, Skrill, TC Pay, Volet, and cryptocurrency payments through BitPay or Raidospare. Listed crypto assets and networks include BTC, ETH, BCH, XRP, TRX and USDT on TRC20, ERC20 and BEP20. Availability and supported currencies vary by method and account.

The site advertises a deposit-fee reimbursement. It says bank fees may be reimbursed up to USD 30 for transfers above USD 1,000; blockchain network fees are not covered. The non-trading transaction rules require withdrawals to use the same method and currency as the deposit. Payment-provider charges, processing windows and limits should be checked in the client area.

The published comparison describes MT4 Fixed as having fixed spreads and no trading commission. MT4 NDD lists spreads from zero and a commission of 0.003% of transaction amount; MT4 NDD No Commission lists spreads from 0.8 and no commission. MT5 NDD lists spreads from zero and a 0.005% commission. cTrader NDD lists spreads from zero and a 0.003% commission. cTrader Zero Spread lists zero spreads and a 0.012% commission, with a USD 1 minimum.

These are broker-published account specifications, not guaranteed execution prices. Actual spreads vary by instrument and market conditions. Overnight financing, conversion, slippage and other account rules can change the total cost. Check the live specification table for each instrument.

The highest published account maximum is 1:5,000 on MT5 Cent; MT4 Cent is listed up to 1:3,000, with crypto leverage listed at 1:25 for MT4 Cent. Other account limits include 1:200 for MT4 Fixed, 1:400 for MT4 NDD and MT5 NDD, and up to 1:1,000 for cTrader Zero Spread currency pairs, with lower limits for metals.

These are ceilings, not universal client settings. The cTrader Zero Spread page scales leverage down as open exposure rises; its terms also describe higher margin requirements around weekends and holidays. Leverage may accelerate losses and margin close-outs.

The homepage advertises a 30% cash bonus up to USD 25,000 with a stated USD 5-per-standard-lot trading condition for withdrawal. However, the promotions page currently says there are no available promotions. Treat the bonus as unconfirmed until the client area and applicable written terms show it is active and available to the client’s entity and region. The “No Fee Deposit” offer is a reimbursement promotion, subject to stated limits and abuse provisions.

Available platforms include MetaTrader 4, MetaTrader 5, cTrader, MT4 WebTerminal and cTrader Web. MT4 also has MultiTerminal for managing multiple accounts. cTrader Copy is available as a strategy-copying function. Platform and account compatibility varies; for example, cent and NDD products are not all interchangeable across platforms.

The account specifications list forex pairs, metals, cryptocurrency CFDs, U.S. stock CFDs and other CFDs, including commodities and indices, depending on account. The cTrader NDD page lists 33 currency pairs and CFDs; cTrader Zero Spread focuses on 33 currency pairs and spot gold and silver. MT4/MT5 account specifications differ, so check the instrument-level contract details. CFD exposure does not confer ownership of the underlying shares or cryptoassets.

The company’s current website identifies FIBO Group, Ltd., registration number 549364, as regulated by the BVI Financial Services Commission under Investment Business Licence SIBA/L/13/1063. The BVI FSC lists FIBO GROUP, LTD. among currently regulated entities. This is an offshore regulatory framework; do not assume protections associated with EU or UK retail regulation apply.

CySEC lists FIBO Markets Ltd (formerly FIBO Group Holdings Ltd) as a former investment firm, with licence 118/10 marked “Voluntary Renunciation.” The regulator records the withdrawal on 25 August 2025. Do not present that former licence as current protection for new accounts. Forex and leveraged CFDs can result in rapid losses, including loss of the full amount invested.

The company lists secure messaging, email and phone as support channels and publishes office contacts in several locations. A single global support schedule or guaranteed response time was not verified. Office hours are local and differ by location; confirm which office or channel applies to the account.

Educational material includes a beginner section, “Forex It’s Easy,” and a video dictionary. The separate education site is surfaced in English and Farsi. These materials provide introductory information but do not replace independent study or risk controls.

The site publishes market analysis and provides an economic calendar, central-bank rates, instrument pages, U.S. stock quotes and market-hours information. These tools can support News Trading research, but commentary is not personalized investment advice.

The company’s historical awards page lists titles from Forex Expo, Moscow FinancialExpo, China investment and finance exhibitions, the MENA Forex Show and Global Banking & Finance Review. These are company-reported historical claims; independent organizer records were not located in this research. The awards register below identifies the listed titles and their verification status. Sponsorships and event participation are not counted as wins.

FiboGroup may suit traders who want to choose among MT4, MT5 and cTrader structures, or investors seeking PAMM and copy-trading features. The trade-off is a complex schedule of account-specific costs, leverage limits and a BVI contracting entity. Before depositing, confirm the legal counterparty, actual instrument conditions, payment terms, any active bonus and whether a former EU licence is irrelevant to the account offered.