FiboGroup.com Unapproved

FiboGroup.com, founded in 1998 and headquartered in Cyprus with offices in Europe and Asia, offers forex and CFD trading on MT4, MT5, and cTrader platforms. It supports over 60 currency pairs, metals, indices, and 20+ cryptocurrencies, with leverage up to 1:1000, minimum deposits from $1, and NDD execution. Regulated by the BVI FSC (license SIBA/L/13/1063), it claims segregated funds and no major hacks. However, red flags include its revoked UK FCA investment advisory license (532885), signaling past compliance failures, and a suspicious Seychelles entity amid multiple jurisdictions. WikiBit rates it low due to no valid current regulation and unresolved complaints on spreads and delays. BrokerChooser’s 2025 safety review flags it as high-risk, citing weak oversight and user reports of execution issues. Adverse media and reviews reveal patterns of dissatisfaction. Forex Peace Army’s 2/5 from 33 entries details 2025 cases like a €18,243 withdrawal canceled without notice after confirmation, leaving users waiting weeks with no communication. A 2019 review describes a $2,500 deposit vanishing post-withdrawal attempt, with support unresponsive. Trustpilot’s 3.5/5 from 310 logs 2025 1-stars on “honeypot” tactics trapping funds and fake trades until pullouts fail. Reviews.io’s 1.9/5 from 108 is rife with recovery spam, hinting at widespread scam claims—users report $2,000-$10,000 losses from glitched platforms and ignored tickets. Reddit’s r/Forex (2024) warns of high leverage luring novices into quick wipes, while X posts tag #FiboScam for BVI clone alerts. No 2025 fines, but these echo offshore broker risks where funds sit in limbo.

The Censorship Approach: Deflection to Private Channels

FiboGroup.com handles criticism by routing it out of sight. Its site omits a review section, pushing issues to email  that yields slow or generic replies, as in 2025 FPA cases where cancellations got no public explanation. It engages 90% of Trustpilot negatives with “provide ticket number” prompts, keeping details off-record—e.g., a August 2025 block received a vague “check internally” note. No Reviews.io profile allows complaints to stack unanswered, cluttered by recovery ads. Social media skips #FiboGroupScam queries, and SEO favors promos over exposés. This funnels feedback into dead-end tickets, shielding the public view.

Why They Hide It: To Sustain Low-Barrier Inflows

FiboGroup.com thrives on easy $1 entries and high leverage to attract beginners. Open complaints could highlight BVI weaknesses or FCA revocation, scaring off users in 2025’s cautious market. Multi-office opacity aids evasion of probes, prioritizing deposit volume over fixes. By privatizing responses, it upholds a “veteran” image, betting minimal visibility retains the flow.

Conclusion: Trade with Extra Caution on FiboGroup.com

FiboGroup.com provides basic tools but revoked licenses and withdrawal complaints make it unreliable. Traders, test small and document everything—favor fully FCA/ASIC-regulated options. Regulators like BVI FSC should review access logs and enforcement. Forex demands clear paths to profits, not pitfalls; time for thorough checks.