Global Broker Regulation Inquiry App
WikiFX
Serious74 
1-2 years
What are the risks of FIBO Group’s regulation?
Broker Issues
Regulation
06-29
United States
WikiFX
Reply
The major risk of FIBO Group’s regulation stems from its offshore status with the FSC. Offshore regulation often lacks the investor protection mechanisms that top-tier global regulators provide. As someone who is serious about risk management, I’d be cautious when trading with large sums of money. For fibo group leverage users, this can increase the risk exposure, and I personally prefer brokers with stronger global oversight for larger trades. While low minimum deposit accounts are relatively safe, I wouldn’t recommend FIBO Group for high-volume traders who require stronger regulatory security.
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