About Fiber Markets
Overview
Fiber Markets is a retail forex and CFD broker that was founded on 12 April 2022. The company is registered in North Macedonia, with its registered address at Luj Paster 1000, Skopje 1000. The broker operates under the domain fibermarkets57.com and maintains a presence on several social media platforms including Facebook, Instagram, Twitter/X, and YouTube.
Despite its relatively recent entry into the online trading space, Fiber Markets has not disclosed any regulatory licences or authorisations from recognised financial authorities. This absence of regulation is a significant factor for traders to consider when evaluating the broker's trustworthiness and operational transparency.
Regulation and Safety
As of the time of this review, Fiber Markets does not hold any known regulatory licences from major financial regulators such as the FCA, CySEC, ASIC, or any other reputable authority. The broker's FXCanary Scam Risk Score stands at 85 out of 100, indicating a severe risk level.
The lack of regulatory oversight means that client funds are not protected by investor compensation schemes or other safety nets typically provided by regulated brokers. Traders are advised to exercise extreme caution and conduct thorough due diligence before engaging with this broker.
Company Profile
Fiber Markets is based in Skopje, North Macedonia, and was established in April 2022. The company's official domain is fibermarkets57.com, which appears to be the primary channel for its trading services. The broker's social media activity suggests an attempt to build an online presence and attract clients, particularly through platforms like Facebook and YouTube.
Given the limited public information available, it is difficult to assess the company's operational history, management team, or financial standing. The relatively short time since its founding adds to the overall risk profile, as the broker has not yet built a long-term track record.
Trading Instruments
Based on the broker's name and typical offerings in the industry, Fiber Markets likely provides access to forex, CFDs on indices, commodities, and possibly cryptocurrencies. However, specific details about the instruments offered are not publicly verified.
Without official information from the broker's website or regulatory filings, the exact range of tradable assets remains uncertain. Traders should verify instrument availability directly with the broker before committing funds.
Account Types and Platforms
Information regarding account types, trading platforms, and leverage options is not available from independent sources. It is unclear whether Fiber Markets offers standard, ECN, or Islamic accounts, or which trading platforms (e.g., MetaTrader 4/5, cTrader) are supported.
The absence of transparent information about these key features makes it challenging for traders to evaluate the broker's suitability for their specific needs. Prospective clients should seek clarification from the broker's customer support and review any account documentation carefully.
Deposits and Withdrawals
There is no publicly available data on the payment methods accepted by Fiber Markets, such as bank transfers, credit/debit cards, or e-wallets. Similarly, withdrawal processing times and any associated fees are unknown.
The lack of clarity regarding financial transactions raises concerns about the broker's operational reliability and the ease of accessing funds. Traders should be aware that unregulated brokers may impose restrictive or unpredictable withdrawal conditions.
Conclusion
In summary, Fiber Markets is a newly established, unregulated forex and CFD broker based in North Macedonia. While it maintains an online presence through social media, critical information about its regulatory status, trading conditions, and financial operations remains undisclosed.
The severe risk score assigned by FXCanary reflects the potential dangers associated with trading with an unregulated entity. Until more transparent and verifiable information becomes available, caution is strongly advised.
Overview compiled by FXCanary from regulatory records and public data. full Fiber Markets review