FiboFix Review

About FiboFix

Fibofix is not licensed by any financial regulator and is subject to an official warning from the Luxembourg financial authority (CSSF). The CSSF declared that Fibofix is not supervised and lacks authorization to provide investment or other financial services in or from Luxembourg, and noted that the entity using the name “Fibofix” offering such services at fibofix.com is unknown to the CSSF (). The broker presents an address at 36‑38 Grand‑Rue, L‑1660 Luxembourg, while analysis indicates the actual owner is incorporated in Saint Lucia under “FiboFix Ltd” ().

Fibofix offers several account types—Standard, Silver, Gold, and Platinum—with minimum deposits reportedly ranging from approximately USD 250 up to USD 25 000 (). The maximum leverage ranges between 1:300 and 1:500 (). The trading platform is a proprietary WebTrader, which does not support MetaTrader 4/5, Expert Advisors, or social trading (). Tradable asset classes include forex, commodities, indices, shares, and cryptocurrencies (). Spreads may be around 0.9 pips for EUR/USD, floating ().

Pros and cons

Pros

• Offers multiple account tiers (Standard, Silver, Gold, Platinum) with varying deposit requirements.
• Supports trading across diverse asset classes, including forex, commodities, indices, shares, and cryptocurrencies.
• Provides high leverage options up to 1:500.

Cons

• Unregulated and subject to warning by CSSF regarding unauthorized financial activity in Luxembourg.
• No real regulation or oversight; owner is based offshore (Saint Lucia) despite claims of Luxembourg domicile.
• Utilizes a basic WebTrader platform lacking advanced features, such as MT4/MT5 or EAs.
• Limited transparency regarding commissions, educational tools, and customer support.
• Potential risk of deceptive practices and withdrawal issues consistent with scam broker patterns.

CSSF warning:

Information on accounts, leverage, assets, and platform: