The brokerage firm TiBiGlobe has offices in South Africa and Cyprus. In addition, its activity is regulated by the FSCA commission, which provides quite reliable protection to traders. However, documents confirming the company’s legitimacy are unavailable on its official website.

Can you trust this project with your data and how risky is it to invest in trading on this platform? You will find out this in our TiBiGlobe review, where we will check if this broker is that good.

How to Trade

Clients can trade more than 120 CFDs on the MetaTrader 5 and WebTrader platforms. Offerings include currency pairs, stocks, crypto, indices and metals. The company has developed 4 tariffs with options such as:

  • 1:500 leverage
  • Stop-out level 50/30%
  • Negative balance protection
  • Social trading

Visa and Mastercard logos are in the site’s footer, but the deposit/withdrawal process is not disclosed. The Introducing Broker program allows you to earn up to 40% of your income, and the affiliate program gives you up to $1,000 per client.

If a trader has not used the account for 6 months, they are charged a $7 per month inactivity fee.

The Education section contains e-books and webinars. However, the links are not active for upcoming meetings with experts.

TiBiGlobe Vital Info

The brokerage company provided too little specific information about itself. For example, the “About Us” section does not contain any data about the firm. According to the organization’s registration number, 2018/054431/07, it was most likely founded in 2018. As for the domain, it was created in 2022. Therefore, it is not clear to us why the intermediary started working with clients only 4 years after the registration of the legal entity.

We tried to track down Tibiglobe (PTY) Ltd, which operates the website in question, but it is not on the South African registry. In addition, another firm with a similar name is located at the listed headquarters address. Note that there are a lot of reviews online, but strangely all of them are top-rated, which is unnatural. Finally, all the legal documents for the administration’s interaction with clients on the website have dates of 2023-2024. This all makes us suspicious.

FAQ

What are the key facts about TiBiGlobe?

Judging by the company number, the legal entity was officially registered in 2018, but the website domain was somehow created only in 2022. In addition, there are no copies of certificates and links to the license on the site. However, the high leverage indicates the lack of regulation of the broker's activities in Cyprus, where EU regulations limit it to 1:30. The lack of transparency of the broker's team also raises questions about their experience and competence.

What's the risk to my wallet when working with this broker?

You are better off not working with this broker. There is a high probability that the firm operates illegally, where there may be no withdrawal of funds. You should not risk trading CFDs with huge leverage. In any case, you will definitely not get protection from regulators if you live outside South Africa.

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