Fibinex Review: An Innovative and Modern Platform or a SCAM?

Fibinex - logo

More than 200 trading tools, an innovative and modern platform, a knowledge base and many more advantages — Fibinex provides all of this. However, this is what almost every company says about itself in the hope of attracting traders. Moreover, reviews in such cases often turn out to be negative. Let’s check the proposals of this broker in more detail and find out whether it is worth attention or if another scam is on our way.

Fibinex General Information

Phone Number +447418353260
Address Suite 7, Henville Building, Main Street, Charlestown, Nevis.
Minimum Deposit $5,000
Assets CFDs
Leverage 1:400
Trading Platform WebTrader

Registration and Client Portal Review

The official website of Fibinex does not make a pleasant impression. It is too similar to the sites of other brokers and does not stand out for originality. It has a standard design and a dull color scheme. Besides, there are so many enumerations of advantages that it becomes boring to read these odes. Literally, the entire main page is full of them only. The broker claims that it cares about every trader. However, not every beginner can trade here.

Fibinex - website

In fact, the entire registration process consists of filling out one small form. Unfortunately, this is not the form that licensed brokers use. Usually, traders have to fill out several questionnaires, including such fields as personal income, trading experience, etc. Here, at Fibinex, you do not even need to confirm your phone number and email. It is enough just to specify contacts, first and last name, country of residence, account type, and come up with a password.


However, there is one disappointing fact. During registration, you have to specify a promo code. The broker does not say where to get it. Without this data, Fibinex will not allow you to create an account. And this nuance can immediately be attributed to the disadvantages of the project. Honest companies never restrict access to your Client Portal in this way. Perhaps Fibinex has something to hide or it just needs a referral program.

Fibinex Trading Conditions

Don’t expect something special and original. Fibinex is a regular CFD broker.

Account Types Review

You can start trading on the Fibinex platform with $5,000. Yes, it’s a lot, especially for a beginner. Strangely, the company has overstated the deposit so much. All modern brokers, on the contrary, try to set minimum levels of 10-250 dollars.

Fibinex has a division into account types. There are 4 options. They differ slightly in the minimum deposit amount and leverage. No additional services are described. There is also no detailed information about spreads, trading commissions, swaps, and other fees. The only thing that is specified is that the broker provides an Islamic account. At the same time, there is no demo account. Deposit five thousand at once, even if you don’t know how to trade.

At the same time, the entire broker’s team is, of course, anonymous. What kind of analysts and managers will go with clients is a big mystery.

Trading Platform

Fibinex also praises the trading platform very much. However, we cannot check whether it is really that good. Because a promo code is required for registration, we can’t see the inside of the Personal Area. Of course, we doubt that the terminal is worthy. Fibinex even skimped on buying a downloadable version for PCs and smartphones. Clients are offered only a web trader.

Fibinex — Deposit and Withdrawal of Funds

There are several ways to fund your account. The company mentions bank transfers, credit cards, and crypto. You can withdraw money using the same methods. The speed of crediting funds to the account depends on which payment system was used. However, Fibinex does not say how soon it will notice your withdrawal request.


You can upload documents to your personal account or send them to the broker by email. Nothing supernatural will be required. You need to confirm your identity and place of residence. By the way, it is better to pass verification before depositing. Fibinex will definitely not allow you to withdraw money without it.

Additional Options

Additional broker services are not described in detail. We only know that Fibinex provides education. On the site, you can find several mediocre articles on the topic of trading and basic strategies.

Is Fibinex a Scam?

For us, there is no doubt that it is a typical scam. It is also easy to prove this fact.

The company claims to be registered offshore. It chose the islands of Saint Kitts and Nevis as its place of residence. It’s very convenient because even the registry of this state is closed. To get information from there, you need to pay. Therefore, it is very easy to deceive traders. After all, they simply will not check whether such a company really exists.

At the same time, offshore brokers are not regulated by anyone. Fibinex also does not say that it has a license to work. In fact, the broker works illegally. Domain Info

The broker does not say anything about how long it has been working and how many clients it has been able to attract. Usually, that means that the company simply has nothing to brag about. We are sure that Fibinex appeared quite recently. All the reviews that traders have left about it relate to 2022. Checking the domain also shows that the site was made not so long ago. According to the Whois service, it was created on May 30, 2022.

Contacts Review

This firm does not specify the office address. There is only a legal address. So, it is better not to count on a personal meeting with the company’s employees. However, you can call them or write an email.

The project also has several social media accounts. Please note that all of them have appeared recently. Also, we were interested in the number of followers. Obviously, the company has only been working for a few months.

More Details

The most disappointing fact is that Fibinex is a serial scam project. We have recently considered its StockScales clone. Pay attention to how similar the sites of these two brokers are. Moreover, they even use the same legend, and both lie about being registered in Saint Kitts and Nevis. Even their minimum deposits are the same. Who would have thought? What a coincidence!

Pros and Cons

  • None.
  • The deposit requirements are too high.
  • No demo.
  • Registered offshore.
  • No license to work.
  • It is impossible to register on the platform without an invitation.
  • Negative reviews.

Fibinex Summary

Fibinex - favi

The creators of Fibinex are experienced scammers and this project is not the only one in their portfolio and certainly not the last. Therefore, it would be a huge mistake to invest your money here. It's not worth the risk.

Website information content 3
Client Portal 2
Trading conditions 3
Trading platform 3
Deposit and withdrawal 4
Verification 4
Extra options 3
Licenses and guarantees 2
Work duration 3
Feedback 1

Frequently Asked Questions (FAQ)

What Does Fibinex Offer?

The broker offers typical CFD trading. It also has educational materials.

How Much Money Should I Invest With Fibinex?

The company has not humbled requests at all. Even for beginners, the minimum deposit is very high – 5 thousand dollars.

Is Fibinex Safe?

No, we would not recommend you to trade with this broker. Fibinex is a typical offshore company that has not received a license and is not regulated by any supervisory authorities.

Subhash Mishra
Forex & CFD Trader

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

Financial Companies Reviews and Ratings
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Client Reviews

  1. Lisa


    Does anyone know how to withdraw money from here?

  2. Michael

    Scammers are at every turn nowadays

    I didn’t find any pros here. But there are a lot of disadvantages on the contrary. It is an unknown company. It does not appear in normal Forex ratings. It doesn’t have an office. There is no license either. Trading conditions are so-so. Why do people invest in such a scam at all?

  3. Kerry

    To my mind, it’s a scam

    I am not satisfied with this broker. I founded my account and started working. Literally, after 15 minutes of trading, access to the platform was blocked. I waited a bit. Then everything worked. After 20 minutes, the error again! And again! The platform didn’t work at all for a couple of days. Besides, they have rather large amounts of deposits — from $5,000. Now I’m trying to get money from the broker, but so far not been very successful! The fact further complicates the situation that managers refuse to answer calls. It’s very unpleasant, of course, but I’ve already had experience working with scammers. I strongly advise you not to invest money in this company!

  4. Ashton

    Saint Kitts and Nevis?

    I have read reviews of deceived traders. Money withdrawal does not work here. There are many confirmed cases of cheating. In fact, there are no advantages to working with Fibinex. I would not advise investing here. Just look at this, not at all minimal minimum deposit. And besides, there is also no license. It’s another scam broker. Don’t waste your time.

  5. Sterling

    Confirmed scam

    This is a total scam. Can no longer get into the website and broker has blocked me. I have lost my money.

  6. Jo Mchugh


    complete utter scam this lot Andrew Hill and dylan I hope you rot in hell…