# FIBO Group — MetaTrader 4 British Virgin Islands research scope · FIBO Group, Ltd.. Documentation reviewed. Reference page: /demo-accounts/fibo-group-mt4-bvi.html 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. ## Research checked 2026-10-12 ## Testing status Not tested ## Recorded virtual amount Requires Verification ## Recorded currency Requires Verification ## Virtual funds Not recorded ## Balance qualifications Current starting balance not established in this research. ## Expiry category unknown ## Expiry rule Not established ## Expiry qualifications See documented terms for scope and exceptions. ## Evidence category Documentation reviewed ## Signup requirements See the documented terms below. Account opening has not been tested. ## Notes and remaining checks 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. ## Record ID fibo-group-mt4-bvi ## Broker FIBO Group ## Legal entity FIBO Group, Ltd. ## Research region codes - BVI ## Research region code BVI ## Research region British Virgin Islands ## Research scope British Virgin Islands ## Platform code mt4 ## Platform MetaTrader 4 ## Documented 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. ## Entity assignment Forex page and linked public registration form both identify the BVI entity, matching the regulator name. Country-specific eligibility remains untested. ## Eligibility and regional limits Broker excludes residents of UK, US and North Korea; says full list in legal documents. No complete positive acceptance map established. ## What the evidence establishes Official demo confirmed; detailed terms partly unpublished ## Supporting sources - [FIBO regulatory disclosure]() — source ID: fibo-group-2 - [FIBO Forex and demo offering]() — source ID: fibo-group-3 - [FIBO MetaTrader signals instructions]() — source ID: fibo-group-4 - [FIBO public registration form]() — source ID: fibo-group-5 ## Official information source [FIBO Forex and demo offering]() ## Entity and regulatory research ### Evidence status Partial ### Legal 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. ### Supporting sources - [BVI FSC — FIBO GROUP, LTD.]() — source ID: fibo-group-reg-1 - [FIBO regulatory disclosure]() — source ID: fibo-group-reg-2 - [FIBO Forex and demo offering]() — source ID: fibo-group-reg-3 - [FIBO MetaTrader signals instructions]() — source ID: fibo-group-reg-4 - [FIBO public registration form]() — source ID: fibo-group-reg-5 ## Official entry route ### Route type portal ### Notes and remaining checks Register a profile, then create a demo account. ### Evidence status Official entry route ### URL https://mt.fibogroup.com/user/register?lang=en ### Route source https://www.fibogroup.com/products/tools/Forex/ ### Research checked 2026-10-13 ### Testing status Not tested ## Execution and demo realism ### Scope FIBO Group, Ltd., British Virgin Islands; MT4 platform with account subtype unresolved. ### Testing status Not tested ### Contractual role #### Finding Requires Verification #### Evidence status Requires Verification #### Notes and remaining checks 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. #### Supporting sources - [FIBO Group customer agreement]() — source ID: ex-a-fibo-terms #### Research checked 2026-10-13 ### Execution arrangement #### Finding Account-dependent: NDD or market making #### Evidence status Broker-reported #### Notes and remaining checks 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. #### Supporting sources - [FIBO MT4 NDD account]() — source ID: ex-a-fibo-mt4 - [FIBO MT4 Fixed account]() — source ID: ex-a-fibo-fixed #### Research checked 2026-10-13 ### Demo realism #### Finding Requires Verification #### Evidence status Requires Verification #### Notes and remaining checks The risk notice recommends demo practice but does not explain simulated versus live execution. Account subtype and demo fee/margin/fill differences remain unresolved. #### Supporting sources - [FIBO Group risk notice]() — source ID: ex-a-fibo-risk #### Research checked 2026-10-13 ### Research review #### Research checked 2026-10-13 #### Review outcome Reviewed; supported findings in arrangement. Remaining uncertainty is recorded per field and scope. #### Remaining checks - 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. ## Demo markets ### Scope FIBO Group, Ltd. · British Virgin Islands · MetaTrader 4. Market coverage not yet reviewed. ### Testing status Not tested ### Forex CFDs #### Evidence status Requires Verification #### Notes and remaining checks Forex CFD demo access has not been established for this entity and platform. #### Supporting sources No supporting source recorded for this field. #### Research checked Requires Verification ### Cryptocurrency CFDs #### Evidence status Requires Verification #### Notes and remaining checks Cryptocurrency CFD demo access has not been established for this entity and platform. #### Supporting sources No supporting source recorded for this field. #### Research checked Requires Verification ## API access ### Evidence status Requires Verification ### Type Requires Verification ### Access route Not established for this offering ### Notes and remaining checks 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. ### Supporting sources No supporting source recorded for this field. ### Official documentation No supporting source recorded for this field. ### Research checked Requires Verification ### Testing status Not tested ## Official sources ### FIBO MT4 Fixed account Source ID: ex-a-fibo-fixed https://www.fibogroup.com/products/account-types/mt4-fix/ #### Source owner Broker #### Research checked 2026-10-13 #### Source locator Who may prefer MT4 Fixed accounts: market-maker statement. #### Source access note Official page/PDF text read through web retrieval on 2026-10-13. ### FIBO MT4 NDD account Source ID: ex-a-fibo-mt4 https://www.fibogroup.com/products/account-types/mt4-ndd/ #### Source owner Broker #### Research checked 2026-10-13 #### Source locator What is NDD technology; How it works; stop and limit order descriptions. #### Source access note Official page/PDF text read through web retrieval on 2026-10-13. ### FIBO Group risk notice Source ID: ex-a-fibo-risk https://www.fibogroup.com/u/document_file/2355/notice_of_risks.pdf #### Source owner Broker #### Research checked 2026-10-13 #### Source locator Sections 1.4 and 4–5: demo recommendation and live trading risks, without demo comparison. #### Source access note Official page/PDF text read through web retrieval on 2026-10-13. ### FIBO Group customer agreement Source ID: ex-a-fibo-terms https://www.fibogroup.com/u/document_file/2310/customer_agreement.pdf #### Source owner Broker #### Research checked 2026-10-13 #### Source locator Sections I, III–IV; no explicit principal/agency characterization established. #### Source access note Official page/PDF text read through web retrieval on 2026-10-13. ### FIBO regulatory disclosure Source ID: fibo-group-2 https://www.fibogroup.com/about/licences/ #### Source owner Broker #### Evidence category Claims SIBA/L/13/1063 and agent/principal/arranging permissions for BVI FIBO Group Ltd.; excludes UK, US and North Korea. #### Source access note Direct current page read; licence claim remains broker-authored. ### FIBO Forex and demo offering Source ID: fibo-group-3 https://www.fibogroup.com/products/tools/forex/ #### Source owner Broker #### Evidence category Free demo after email registration; Forex coverage; BVI legal footer. #### Source access note Direct page refreshed 2026-10-12; live account tables not treated as demo conditions. ### FIBO MetaTrader signals instructions Source ID: fibo-group-4 https://www.fibogroup.com/investors/automated-trading/ #### Source owner Broker #### Evidence category 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. #### Source access note Direct official instructions read. ### FIBO public registration form Source ID: fibo-group-5 https://mt.fibogroup.com/user/register?lang=en #### Source owner Broker #### Evidence category Email registration entrypoint; footer names FIBO Group Ltd. BVI and same licence claim. #### Source access note Public blank form read; no email or other details entered. ### BVI FSC — FIBO GROUP, LTD. Source ID: fibo-group-reg-1 https://www.bvifsc.vg/regulated-entities/fibo-group-ltd #### Source owner Regulator #### Evidence category Currently Regulated Entities; Dealing as Agent; entry dated 2026-08-31; licence number absent. #### Source access note Direct official entry read 2026-10-12; dated entry, not an assertion of unpublished permissions. ### FIBO regulatory disclosure Source ID: fibo-group-reg-2 https://www.fibogroup.com/about/licences/ #### Source owner Broker #### Evidence category Claims SIBA/L/13/1063 and agent/principal/arranging permissions for BVI FIBO Group Ltd.; excludes UK, US and North Korea. #### Source access note Direct current page read; licence claim remains broker-authored. ### FIBO Forex and demo offering Source ID: fibo-group-reg-3 https://www.fibogroup.com/products/tools/forex/ #### Source owner Broker #### Evidence category Free demo after email registration; Forex coverage; BVI legal footer. #### Source access note Direct page refreshed 2026-10-12; live account tables not treated as demo conditions. ### FIBO MetaTrader signals instructions Source ID: fibo-group-reg-4 https://www.fibogroup.com/investors/automated-trading/ #### Source owner Broker #### Evidence category 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. #### Source access note Direct official instructions read. ### FIBO public registration form Source ID: fibo-group-reg-5 https://mt.fibogroup.com/user/register?lang=en #### Source owner Broker #### Evidence category Email registration entrypoint; footer names FIBO Group Ltd. BVI and same licence claim. #### Source access note Public blank form read; no email or other details entered.