{ "schemaVersion": 1, "kind": "demoOffering", "id": "fibo-group-mt4-bvi", "urls": { "html": "/demo-accounts/fibo-group-mt4-bvi.html", "json": "/demo-accounts/fibo-group-mt4-bvi.json", "markdown": "/demo-accounts/fibo-group-mt4-bvi.md" }, "policy": "Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.", "record": { "checked": "2026-10-12", "tested": false, "funds": null, "currency": null, "fundsLabel": "Not recorded", "fundsNote": "Current starting balance not established in this research.", "expiryType": "unknown", "expiry": "Not established", "expiryNote": "See documented terms for scope and exceptions.", "evidence": "documented", "signup": "See the documented terms below. Account opening has not been tested.", "note": "Match SIBA/L/13/1063 and full permission scope to regulator-issued evidence. Confirm demo creation per account subtype and cTrader availability. Obtain virtual balance/currency, expiry, reset and demo-only KYC rules. Confirm full country restrictions and actual resident-specific signup agreement.", "id": "fibo-group-mt4-bvi", "broker": "FIBO Group", "entity": "FIBO Group, Ltd.", "regions": [ "BVI" ], "region": "BVI", "regionLabel": "British Virgin Islands", "researchScope": "British Virgin Islands", "platform": "mt4", "platformLabel": "MetaTrader 4", "terms": "Free forex demo after email registration; public signup presents email field. Official MetaTrader signals instructions expressly support demo or real MT4/MT5 accounts. cTrader appears in platform/account navigation but new cTrader-demo creation was not independently established. Initial virtual funds/currencies, expiry, inactivity, reset and demo-specific KYC not established. No paid deposit required by the stated free-demo route; live-account deposit tables must not be copied into demo terms.", "entityMapping": "Forex page and linked public registration form both identify the BVI entity, matching the regulator name. Country-specific eligibility remains untested.", "eligibility": "Broker excludes residents of UK, US and North Korea; says full list in legal documents. No complete positive acceptance map established.", "evidenceNote": "Official demo confirmed; detailed terms partly unpublished", "sources": [ "fibo-group-2", "fibo-group-3", "fibo-group-4", "fibo-group-5" ], "visit": "fibo-group-3", "regulation": { "status": "Partial", "entity": "FIBO Group, Ltd.", "regulator": "BVI Financial Services Commission", "finding": "Direct BVI register identifies FIBO GROUP, LTD. as Currently Regulated Entities, Dealing as Agent, entry dated 2026-08-31. Entity status is confirmed; exact licence number and broker's additional principal/arranging permissions were not confirmed by that record.", "scope": "Forex page and linked public registration form both identify the BVI entity, matching the regulator name. Country-specific eligibility remains untested.", "sources": [ "fibo-group-reg-1", "fibo-group-reg-2", "fibo-group-reg-3", "fibo-group-reg-4", "fibo-group-reg-5" ] }, "signupLink": { "kind": "portal", "note": "Register a profile, then create a demo account.", "status": "Official entry route", "url": "https://mt.fibogroup.com/user/register?lang=en", "sourceUrl": "https://www.fibogroup.com/products/tools/forex/", "checked": "2026-10-13", "tested": false }, "execution": { "scope": "FIBO Group, Ltd., British Virgin Islands; MT4 platform with account subtype unresolved.", "tested": false, "role": { "value": "Requires Verification", "status": "Requires Verification", "note": "The customer agreement was reviewed but an explicit principal-versus-agent capacity provision was not established. NDD marketing and regulatory permissions do not supply that evidence.", "sources": [ "ex-a-fibo-terms" ], "checked": "2026-10-13" }, "arrangement": { "value": "Account-dependent: NDD or market making", "status": "Broker-reported", "note": "MT4 NDD page advertises liquidity-provider execution and possible slippage; MT4 Fixed page says FIBO acts as market maker. The platform record does not identify which account subtype is simulated.", "sources": [ "ex-a-fibo-mt4", "ex-a-fibo-fixed" ], "checked": "2026-10-13" }, "demo": { "value": "Requires Verification", "status": "Requires Verification", "note": "The risk notice recommends demo practice but does not explain simulated versus live execution. Account subtype and demo fee/margin/fill differences remain unresolved.", "sources": [ "ex-a-fibo-risk" ], "checked": "2026-10-13" }, "review": { "checked": "2026-10-13", "outcome": "Reviewed; supported findings in arrangement. Remaining uncertainty is recorded per field and scope.", "remainingChecks": [ "Identify whether this MT4 demo is Fixed or NDD.", "Read the applicable MT4 execution supplement for contractual capacity, and obtain account-specific demo slippage, rejection, charges and margin differences.", "Read the MT5 execution supplement for contractual capacity.", "Obtain the MT5 NDD demo-versus-live fill, commission, financing and margin disclosures." ] } }, "markets": { "scope": "FIBO Group, Ltd. · British Virgin Islands · MetaTrader 4. Market coverage not yet reviewed.", "tested": false, "forexCfd": { "status": "Requires Verification", "note": "Forex CFD demo access has not been established for this entity and platform.", "sources": [], "checked": null }, "cryptoCfd": { "status": "Requires Verification", "note": "Cryptocurrency CFD demo access has not been established for this entity and platform.", "sources": [], "checked": null } }, "api": { "status": "Requires Verification", "type": null, "route": "Not established for this offering", "note": "API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.", "requirements": "Confirm the account, platform and regional requirements with the broker.", "sources": [], "docs": [], "checked": null, "tested": false } }, "sources": { "ex-a-fibo-fixed": { "title": "FIBO MT4 Fixed account", "url": "https://www.fibogroup.com/products/account-types/mt4-fix/", "owner": "Broker", "checked": "2026-10-13", "locator": "Who may prefer MT4 Fixed accounts: market-maker statement.", "access": "Official page/PDF text read through web retrieval on 2026-10-13." }, "ex-a-fibo-mt4": { "title": "FIBO MT4 NDD account", "url": "https://www.fibogroup.com/products/account-types/mt4-ndd/", "owner": "Broker", "checked": "2026-10-13", "locator": "What is NDD technology; How it works; stop and limit order descriptions.", "access": "Official page/PDF text read through web retrieval on 2026-10-13." }, "ex-a-fibo-risk": { "title": "FIBO Group risk notice", "url": "https://www.fibogroup.com/u/document_file/2355/notice_of_risks.pdf", "owner": "Broker", "checked": "2026-10-13", "locator": "Sections 1.4 and 4–5: demo recommendation and live trading risks, without demo comparison.", "access": "Official page/PDF text read through web retrieval on 2026-10-13." }, "ex-a-fibo-terms": { "title": "FIBO Group customer agreement", "url": "https://www.fibogroup.com/u/document_file/2310/customer_agreement.pdf", "owner": "Broker", "checked": "2026-10-13", "locator": "Sections I, III–IV; no explicit principal/agency characterization established.", "access": "Official page/PDF text read through web retrieval on 2026-10-13." }, "fibo-group-2": { "title": "FIBO regulatory disclosure", "url": "https://www.fibogroup.com/about/licences/", "owner": "Broker", "evidence": "Claims SIBA/L/13/1063 and agent/principal/arranging permissions for BVI FIBO Group Ltd.; excludes UK, US and North Korea.", "access_note": "Direct current page read; licence claim remains broker-authored." }, "fibo-group-3": { "title": "FIBO forex and demo offering", "url": "https://www.fibogroup.com/products/tools/forex/", "owner": "Broker", "evidence": "Free demo after email registration; forex coverage; BVI legal footer.", "access_note": "Direct page refreshed 2026-10-12; live account tables not treated as demo conditions." }, "fibo-group-4": { "title": "FIBO MetaTrader signals instructions", "url": "https://www.fibogroup.com/investors/automated-trading/", "owner": "Broker", "evidence": "Setup sends MT4/MT5 login and explicitly allows demo or real account; cTrader copy discussion alone does not confirm signup for a new cTrader demo.", "access_note": "Direct official instructions read." }, "fibo-group-5": { "title": "FIBO public registration form", "url": "https://mt.fibogroup.com/user/register?lang=en", "owner": "Broker", "evidence": "Email registration entrypoint; footer names FIBO Group Ltd. BVI and same licence claim.", "access_note": "Public blank form read; no email or other details entered." }, "fibo-group-reg-1": { "title": "BVI FSC — FIBO GROUP, LTD.", "url": "https://www.bvifsc.vg/regulated-entities/fibo-group-ltd", "owner": "Regulator", "evidence": "Currently Regulated Entities; Dealing as Agent; entry dated 2026-08-31; licence number absent.", "access_note": "Direct official entry read 2026-10-12; dated entry, not an assertion of unpublished permissions." }, "fibo-group-reg-2": { "title": "FIBO regulatory disclosure", "url": "https://www.fibogroup.com/about/licences/", "owner": "Broker", "evidence": "Claims SIBA/L/13/1063 and agent/principal/arranging permissions for BVI FIBO Group Ltd.; excludes UK, US and North Korea.", "access_note": "Direct current page read; licence claim remains broker-authored." }, "fibo-group-reg-3": { "title": "FIBO forex and demo offering", "url": "https://www.fibogroup.com/products/tools/forex/", "owner": "Broker", "evidence": "Free demo after email registration; forex coverage; BVI legal footer.", "access_note": "Direct page refreshed 2026-10-12; live account tables not treated as demo conditions." }, "fibo-group-reg-4": { "title": "FIBO MetaTrader signals instructions", "url": "https://www.fibogroup.com/investors/automated-trading/", "owner": "Broker", "evidence": "Setup sends MT4/MT5 login and explicitly allows demo or real account; cTrader copy discussion alone does not confirm signup for a new cTrader demo.", "access_note": "Direct official instructions read." }, "fibo-group-reg-5": { "title": "FIBO public registration form", "url": "https://mt.fibogroup.com/user/register?lang=en", "owner": "Broker", "evidence": "Email registration entrypoint; footer names FIBO Group Ltd. BVI and same licence claim.", "access_note": "Public blank form read; no email or other details entered." } } }