BrokAIr Reviews

FIBO Group Review

"FIBO Group is one of the most unique online brokerages out there, as it provides a wide range of services that are not found elsewhere, such as forward and futures trading. But is this level of service really worth the hefty price tag associated with FIBO Group?"

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FIBO Group Overview

FIBO Group is one of the oldest and most established online brokerages. It was founded in 1998 in Russia and currently has offices in more than 15 countries. FIBO Group is regulated by the Financial Services Commission of the British Virgin Islands, and it provides access to the global financial markets in over 120 countries. It offers a range of investment products, including Forex, CFDs, Futures, Spot Metals,ETFs, and Crypto.

Pros

Cons

Founders

FIBO Group was founded by a team of experienced professionals in the financial services industry. The founders are: Alexander Kostyuk, Alexander Tkachenko, Vadim Kuznetsov, and Alexey Rybakov.

Public Opinion

The public opinion of FIBO Group is generally positive. Most reviews praise the wide range of investment products offered, the competitive spreads, and the user-friendly trading platforms. There are also some negative reviews that mention high commissions for some products and limited educational resources.

Newsworthy Events

FIBO Group recently acquired an additional license from the Financial Services Commission of the British Virgin Islands, which expands its product offerings and enables it to offer more services to its clients. Additionally, FIBO Group has been actively expanding its presence in Europe and Asia. It has opened new offices in Ukraine, Indonesia, Malaysia, and Thailand. Moreover, FIBO Group was recently recognized as one of the leading brokers by “World Finance” magazine.