✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
Analysis on FiboTraders
➡️ In this section we will analyze FiboTraders (also called with the name: fibotraders.com), It's about a Forex, Cryptocurrency and CFD broker. Is FiboTraders really recommended to make an investment? Is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it. ✅
Now, you can find the following: opinions about FiboTraders ✅, claims, complaints, experiences, analysis of the most important characteristics of this company (updated 2022), and most importantly: Is FiboTraders a safe site? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.
️️ Essential information: Who does it belong to? Where is located? Is it a regulated broker?
- ❌ FiboTraders mentions being a part of Fibo Traders LLC.
- ❌ Regarding your location, the company does not mention where it is based.
- ❌ If we analyze your security, we note that FiboTraders does not mention any regulation.
⚠ ATTENTION: FiboTraders is a broker NOT REGULATED. ⚠
📌 Remember: the best option (and the safest) are the regulated brokers, as they must meet very strict requirements. Working with an unregulated broker is very risky. 📌
Account types | Investment platform
Now we go on to analyze the account types offered by FiboTradersIn this case, we observe that it offers 5 different types of account:
- Fibo Standards account: minimum initial deposit $500.
- Fibo+ account: minimum initial deposit $5000.
- Fibo Gold account: minimum initial deposit $25.000.
- Fibo Expert account: minimum initial deposit $100.000.
- FIbo Platinum Account: Contact the company to find out the minimum initial deposit.
La platform to operate that FiboTraders uses is: proprietary platform.
Resources | Website
Here we will examine the different resources and aids for the trader that FiboTraders provides on their website. We believe that the resources and help provided on the website can be a great advantage for the broker.
FiboTraders provides the following help or resources to traders or interested parties: an explanation of the services it offers, financial education, FAQ section, not much else.
ℹ Another insights about FiboTraders ℹ
🔻 We will leave you some more information in case you want to contact the company, or see its website for yourself. 🔻
- 🌏 Website: fibotraders.com
- 📞 Telephone number: does not have
- 📧 Email: [email protected]
Maybe you wonder why we review FiboTraders. We make this review and assessment, because we receive different messages and comments asking for the reliability of the company in question. We like to think that our reviews page help investors, providing key information about the company, we disclose information that every investor should know before you are inclined or not, by investing with a company of investment.
You're a representative of this company? We recommend you leave a comment responding to customer concerns.
Valuation on FiboTraders
Ending this section, in our opinion: do we believe that the FiboTraders company is reliable? Should you invest your money with the company? Are they a recommended company? ⭐ 2022 analysis ⭐
❌ After having examined it, we advise you to exercise caution, since it is an illegal company, clearly established to take money from people through tricks and traps. It is not very transparent, since it does not offer legal information, it does not show data about its registration and it also lacks regulation (unregulated company). ❌
⚠ A pocas palabras: doesn't seem like a good idea we suggest to be careful. ⚠
ATTENTION!: in May 2022 CNMV added to FiboTraders to your list fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the CNMV May 2022 warning
ATTENTION!: in June 2022 CONSOB added to FiboTraders to your list fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to CONSOB's June 2022 warning ⚠️
Our advice: we always recommend working only with duly regulated companies, Isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?
📌 Don't forget: one of the few measures that assure customers' money is the broker regulationIn other words, it is probably the most important feature of any broker; HAVE GOOD REGULATION. Good regulation means that there is a authority to which, in case of misunderstandings or problems, customers can file a complaint. 📌
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, too leave a comment on our website with your experience with this broker.
🔻🔻 We leave a vote open so that traders, clients and users of the broker can vote. 🔻🔻
[democracy id = ”3646 ″]
Hello, this group of thieves called fibotrades stole all my capital in a few weeks, just when I started talking about the withdrawal everything went downhill to the point of blowing up my account... Reading other experiences of fibotraders clients on the internet I see that it was not all just a bad advice from the supposed "experts" of fibotraders but it is part of the scam, when you want to withdraw they try to convince you not to do it, and if they cannot convince you they blow up your account
Unfortunately all fibotraders clients have been scammed, to those who have not been scammed I still recommend not to deposit more money and try to withdraw, for my part I am in contact with an expert lawyer on the subject to see what can be achieved
Has anyone already reported them?
Hello Adri, we want to help you and we hope that all those affected can provide more information and data about these criminals. Thanks for commenting on FiboTraders. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, due to fraud and not being regulated (See link ). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Good morning, be careful with fibotraders, recently the Spanish regulator has marked them as a scam. It is because several Spaniards (including myself) have been scammed. These gentlemen do not have authorization to accept Spanish clients, and in addition to this they have scammed us.
If someone else has been scammed, I ask you to write me a message here, I have information to report them and maybe get the money back. It is important to understand that the more people we are, the more likely the authorities will act and arrest them.
Please comment on your experiences.
regards
PS: Be careful with the ANYDESK program, it is a program that they use to access your computer, then they want to get into your home banking bank account and empty your account. They are scammers.
Hello Other, thanks for commenting on FiboTraders. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, due to fraud and not being regulated (See link ). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Hello: my name is Vicente and I have been scammed by Fibotraders. I do and will do everything I can to catch this criminal gang and if possible recover all or part of my money. Thank you and I look forward to your prompt response. Cheers
Hello VICENTE, we want to help you and we hope that all those affected can provide more information and data about these criminals. Thanks for commenting on FiboTraders. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, due to fraud and not being regulated (See link ). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Buenas tardes. I too have been deceived by these people. I would like to know if there is any possibility of acting against them.
Hello Manolo, you can report and sue and if you want to get your money back go to our chat or check this link: CLAIM YOUR MONEY
Greetings.
Hello, I have also been deceived, please contact me in case we can help each other.
CNMV has them on its black list
Hello Miguel Angel, thanks for commenting on FiboTraders. This broker is a SCAM. The CNMV (Financial Regulator of Spain) has already warned about them, due to fraud and not being regulated (See link ). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Good afternoon,
I have been SCAMMED by this company since the day I made my first deposit.
I detail the entire process that I followed since I started investing money with FIBOTRADERS:
1. They forced me to make bank transfers and deposits up to 50.000 EUROS, using phrases such as: “you are going to regret not taking advantage of this opportunity to be immersed in a war to generate profits”, “why do you want to be a mileurista if you can earn 20.000 euros/month with us”; “we win if you win”, etc. etc.
2. They deceived me with the promise that in any case, I would recover the initial investment and if necessary, the fibotraders advisor would return the investment.
3. They made me request a loan from the bank in the amount of 20.000 euros to transfer it to an account of a bank intermediary (MIRHA TRADERS UAB, based in the United Kingdom) to support the negativity of open operations.
4. My adviser “recommended” me to open operations and make transfers; and she even opened the operations herself or made the transfers from my account by sharing my screen with her through the anydesk program.
5. My advisor told me that they had paid advisors for information that supported the future profitability of the trades.
6. Of the more than 10 trades that I opened on your recommendation, only 2 trades were profitable and the other trades resulted in losses.
7. The final auction of all my savings and my loan began on Friday, April 29, 2022. That day I was going on a trip and before catching the plane, she recommended that I open about 5 operations of which only 1 generated profits and without any type of protection against losses. In addition, she herself assured me that she would be attentive to my account and that if I left her the passwords she could monitor it, open/close operations and that in any case, she would call me by phone if anything happened to my account. On Monday, May 2, my account balance had dropped by 80.000 euros; up to 1.600 euros, due to the automatic closure of open positions in the absence of funds to be able to assume the negativity of these positions. On Tuesday, May 3, my advisor called me to offer me a solution. Guess what her solution was? That's right: make another bank transfer of 20.000 euros to which fibotraders would add 10.000 euros to recover the lost money through a plan that another department/team/company that collaborated with fibotraders had devised. At this point, I had obviously lost any trust I had left in my advisor or anyone else in this company.
Hi DAVID, thanks for commenting on FiboTraders. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
HOW DO I GET MY MONEY BACK?
Hello Mauricio Marín, thanks for commenting on FiboTraders. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
My first full deposit loss was from my account manager telling me to make a certain transaction and not responding or missing our meetings. Then after a week she responded and said if I invest again I would get + 50% bonus & she would take care of my account and recover my previous loss by taking charge of all actions, after a week I find all my money lost and my manager not responding. The market can be unpredictable, but making such promises and not being attentive and making actions on an account with no stop loss is wrong. My manager still hasn't contacted me and has not responded my calls, after insisting on speaking to my manager a co-worker stating her status as “co-worker” of my manager called saying she's unavailable and to invest more money.. I insisted again with messages to speak to the general manager and the same co-worker said the general manager would call me the next day, when they called I asked to speak to that general manager and she stated she was the general manager.. At the beginning of joining, my manager stated the general manager was male as he was the only one who spoke English.
They also use landlines of people's homes to call you; my manager always used English phone numbers starting with +44 using different telephone numbers each time, when trying to get in contact with my manager through one of those telephone numbers, a man picked up and had no idea of what I was talking about and after confronting my manager about why that was they suddenly changed using Italian phone numbers +39. The phone number on their webpage doesn't work, the only way to contact was through telegram and wait until they call you through one of their phones. I get the impression that they're platform is not as big and legit as they perceive it. It has only been a month and a half using their platform and I have now lost double from false claims, unnecessary terrible managing and unresponsive platform using strange contacting methods
Hi Daniel, everything they say is lies, they always try to manipulate you so that you invest more money, don't fall into their trap. Thanks for commenting on FiboTraders. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.