Score
FIBO
Hong Kong|5-10 years| http://www.fibo.me/en/en.html
Website
Rating Index
Contact
Licenses
Licensed Institution：FIBO Group Holdings Ltd
License No.：532885
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Hong Kong
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed FIBO also viewed..
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Website
fibo.me
Server Location
Hong Kong
Website Domain Name
fibo.me
Server IP
1.32.192.78
Company Summary
Note: FIBO's official website: https://apk14.global-exptrade.com/ is currently inaccessible normally.
FIBO Information
FIBO is a brokerage firm registered in Hong Kong. This firm's regulatory status is suspicious clone because its actual company name does not match with the one on the regulatory certificate. And its website maybe has been shut down for years. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.
Is FIBO Legit？
| Regulatory Status | Suspected Fake Clone |
| Regulated by | FCA |
| Licensed Institution | FIBO Group Holdings Ltd |
| Licensed Type | European Authorized Representative (EEA) |
| Licensed Number | 532885 |
FIBO's regulatory status is suspicious clone. From the certificate, we can see:
- Licensed Institution: FIBO PTY LTD
- Phone Number of Licensed Institution: 357 25105641
But the company name and contact number provided by this broker is “FIBO Limited” and “+0085230697555”. These inconsistencies show that they're providing false licenses to deceive traders.
Downsides of FIBO
- Unavailable Website
FIBO's official website is currently not working. Maybe it's time to find another brokerage.
- Lack of Transparency
You can only find limited information about this brokerage online.
- Regulatory Barriers
FIBO's regulatory status is suspicious fake clone. Before choosing a brokerage, remember to consider the risk involved.
Negative FIBO Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Please review this information before opening account with this brokerage. And you can consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there are four pieces of FIBO exposure in total. I'll introduce two of them.
Exposure 1. Fraud platform in Hong Kong
| Classification | Scam |
| Date | July 19, 2021 |
| Post Country | Taiwan |
The user said:“Fraud platform in Hong Kong, be careful.” You may visit: https://www.wikifx.com/en/comments/detail/202107193632447188.html
Exposure 2. This platform is a scam broker
| Classification | Unable to Withdrawal |
| Date | April 5, 2021 |
| Post Country | Indonesia |
The user said:“This platform is a scam broker, which induces fraud and cannot withdraw money.” You may visit: https://www.wikifx.com/en/comments/detail/202104055142961842.html
Conclusion
There are plenty of negative reviews about this brokerage on WikiFx. Its regulatory status, inaccessible website and these reviews on WikiFx are all signals showing that this brokerage is untrustworthy. It is better to choose regulated brokers with transparent operationsto ensure the safety of your investment. When comparing brokerages, keep the potential risks firmly in mind.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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FX1359524623
Taiwan
It is easy to deposit. As long as the funds are transferred to the designated account, the other agent will give you an account password and the MT4 trading platform. It is basically completed. Please be careful that any commodity trend on this company platform is virtual, which is completely different from spot prices. I lost nearly 10,000 USD in foreign exchange transaction. This is not what I want. The platform automatically liquidated my position. For some reason, I did not sell. Why I closed the position and send a message to the other party? The other party ignored it. Foreign exchange investment will win and lose, it is justified, but if lose money in the case of injustice, I would like to ask you whether you do it or not. If you do more injustice, you will pay for it.
Exposure
2021-07-19
FX1359524623
Taiwan
The deposit is easy. The other party throws you a so-called MT4 trading platform, which is actually a scam. All of their data is operated and controlled by themselves behind the scenes, deliberately slippage, deceiving, cheating, and attaching the person’s photo and name. Be careful of this female scammer.
Exposure
2021-07-16
叶子56320
Hong Kong
This platform is a scam broker, which induces fraud and cannot withdraw money. It is currently not possible to log in to this platform. Please don't be deceived when you encounter this platform! Hope to get help.
Exposure
2021-04-05
林修年
Taiwan
I caution you investors against the scam. As long as you deposited, the fund would be doomed.
Exposure
2020-06-16