Fibonetix was an unlicensed Crypto CFD broker that opened in October 2018. Their website no longer works.
They are owned by a company called; Zeus Tech & Trading Group Ltd, which is located at: 21 Regent Street, Belize City, Belize. On their website they also show an address of: 59 Boulevard Royal, Luxembourg City, Luxembourg District. Contact phone number is: +442033187100, and the email address is: [email protected]. Official website is at: https://Fibonetix.com/.
For withdrawal problems and complaints, read this.
Fibonetix Reviews
The Forex trading software that you see at Fibonetix, is made by a company called Airsoft. It is a white label, web based trading platform, with no ability for MT4 integration or mobile trading. Look at the screenshot below to see how the software looks. More than 100 underlying assets are available, including Crypto Currency’s, Forex, Stocks, Commodities and Market Indexes.
Fibonetix’s website and trading platform is available in German and English. New trading account types start with a minimum deposit of $250, denominated in either USD or EUR. Deposits are made via Credit Card, Bitcoin or CoiniPop. There are four account types to choose from, with leverage starting at 100:1.
Entry level accounts are charged a “10% Monthly Service Fee”. That seems like a lot of money to be paying your broker.
Fibonetix License Check
The Scam Broker Investigator uses a quick and easy method when reviewing a new new CFD broker, to see if they are legitimate or a scam. We want to know if the broker has a license from a reputable financial regulator. The best brokers will be regulated by the FCA in the UK, or by ASIC in Australia.
Fibonetix is not a licensed broker. You should take a look at the popular CFD brokers which are licensed, look here.
For complaints and withdrawal problems you can read about that here.
Warning from ASIC Australia
“ASIC urges all investors considering trading in Forex, to check they are dealing with an entity that holds an Australian financial services licence.”
Compare Fibonetix
There are hundreds of Forex and Crypto CFD brokers to choose from online, so first look at the best brokers listed here.
PepperStone is licensed in Australia and the United Kingdom. They offer a variety of advanced trading platforms, see here.
If you already investing at Fibonetix, please share your experience with the other people reading this review, in the comments section below.