The latest entity added to the Moscow-headquartered FIBO Group, under the name FIBO Group Ltd, gets licensed with BVI's FSC, adding to the firms CySEC and ASIC regulated firms, totaling 3 regulated firms within the group.
Following a new office opened in Chile, and a branch in Singapore within the last few weeks, Fibo Group Ltd. has announced registration with the Financial Services Commission (FSC) of the British Virgin Islands (BVI), becoming the third company that forms part of its holding group structure.
The group includes FIBO Group Holdings Limited (Cyprus) and FIBO Australia Pty Ltd (Australia), operating under the brand, and offering mainly MT4/MT5, and cTrader, as well as a DealSmart platform for technical analysis, alongside other services.
One of its website's features, the Signals Markets from MetaQuotes within its website, and describes itself as a market-making broker. Upon further review of its site, a recent offer made mention of a NDD capability, also through the MT4 platform, which may indicate the broker has the option of acting as an agent, in addition to market-making.
Forex Magnates reporters reached out to the company, via an Austrian-based telephone number listed on one of its websites, and were unable to reach a spokesperson for comments, around time of our coverage.
Forex Magnates confirmed the firm is head-quartered in Austria, listing an Austrian address, and it states clearly on its website that its services aren't provided to residents of Austria, Great Britain, Iraq, North Korea and the USA. The company's Cyprus-based office is CySEC regulated as a Cypriot Investment Firm (CIF), with services offered under a different site with the URL fibogroup.eu.
As announced last October, while the group said it acquired an AFS license with the Australian Securities and Investment Commission (ASIC), people close to the company told Forex Magnates reporters how its website offering of that regulated entity has not yet been launched. Nonetheless, the broker is continuing in its efforts to expand with regulatory status in three different regions, and multiple website offerings across various languages.
BVI's FSC Sees Steady Rise of Online Retail Brokers
In checking with the BVI regulator, Forex Magnates confirmed the license as listed on the FSC website for Fibo Group Ltd, including a Catergory 1 license dealing in Sub-Category A, and Sub-Category B, concerning dealing in investments, as well as a Category 2 License pertaining to arranging deals in investments, as per the FSC's website.
This brings the total number of Catergory 1 licensed firms to a total of 21 entities, (across both A and B categories respectively), where the total under Category 2 licensing - stands at 23 entities, as listed around time of publication.
FIBO Group announced the news yesterday, and a copy of the license that it posted on its website appears to record a date of January 10th for the effective date, as having obtained the FSC status.
Following a new office opened in Chile, and a branch in Singapore within the last few weeks, Fibo Group Ltd. has announced registration with the Financial Services Commission (FSC) of the British Virgin Islands (BVI), becoming the third company that forms part of its holding group structure.
The group includes FIBO Group Holdings Limited (Cyprus) and FIBO Australia Pty Ltd (Australia), operating under the brand, and offering mainly MT4/MT5, and cTrader, as well as a DealSmart platform for technical analysis, alongside other services.
One of its website's features, the Signals Markets from MetaQuotes within its website, and describes itself as a market-making broker. Upon further review of its site, a recent offer made mention of a NDD capability, also through the MT4 platform, which may indicate the broker has the option of acting as an agent, in addition to market-making.
Forex Magnates reporters reached out to the company, via an Austrian-based telephone number listed on one of its websites, and were unable to reach a spokesperson for comments, around time of our coverage.
Forex Magnates confirmed the firm is head-quartered in Austria, listing an Austrian address, and it states clearly on its website that its services aren't provided to residents of Austria, Great Britain, Iraq, North Korea and the USA. The company's Cyprus-based office is CySEC regulated as a Cypriot Investment Firm (CIF), with services offered under a different site with the URL fibogroup.eu.
As announced last October, while the group said it acquired an AFS license with the Australian Securities and Investment Commission (ASIC), people close to the company told Forex Magnates reporters how its website offering of that regulated entity has not yet been launched. Nonetheless, the broker is continuing in its efforts to expand with regulatory status in three different regions, and multiple website offerings across various languages.
BVI's FSC Sees Steady Rise of Online Retail Brokers
In checking with the BVI regulator, Forex Magnates confirmed the license as listed on the FSC website for Fibo Group Ltd, including a Catergory 1 license dealing in Sub-Category A, and Sub-Category B, concerning dealing in investments, as well as a Category 2 License pertaining to arranging deals in investments, as per the FSC's website.
This brings the total number of Catergory 1 licensed firms to a total of 21 entities, (across both A and B categories respectively), where the total under Category 2 licensing - stands at 23 entities, as listed around time of publication.
FIBO Group announced the news yesterday, and a copy of the license that it posted on its website appears to record a date of January 10th for the effective date, as having obtained the FSC status.
58% of UK Investors Choose Professional Guidance over 'Finfluencers’
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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