SENTFUNDS

Fibido

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High Risk

Reported as a scam / unregulated

SF-700161registry entry

Why Fibido is on the register

Fibido claims to be a UK-based company while providing zero details about the trading license on its website, which is already a red flag for potential traders. According to the information presented on its MT5 software, this broker is operated by Fibido Technologies Ltd, a UK company registered with Companies House. However, it doesn’t mean the authorization of the Financial Conduct Authority (FCA), the regulator that approves licenses for the brokers in the UK. The truth is, BrokersView didn’t find any information about its regulation from FCA. So currently Fibido is actually not regulated by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

If you have money with this broker

  1. Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
  2. Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
  3. Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
  4. Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
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SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.