The Cyprus Securities and Exchange Commission (CySEC) today announced the withdrawal of the Cyprus investment firm (CIF) authorisation of Fibo Markets Ltd.

The decision, made at the CySEC meeting held on August 25, 2025, is in accordance with section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 and section 4(7) of the Directive DI87-05.

The regulator notes the Fibo Markets’ decision to expressly renounce its CIF license.

Fibo Markets operates via a set of approved domains, including: www.fibogroup.eu; www.fibomarkets.eu; www.fibomarkets.com; www.fibo-promo.com. Some of them were not accessible as of the date of publication of this article. Only one could be opened and displayed the following message:

“Notice to Clients: Voluntary Renunciation of License

Dear Valued Clients,

We hereby notify you that FIBO Markets Ltd. (ex FIBO Group Holdings Ltd.), licensed under the Cyprus Securities and Exchange Commission (CySEC) with License number 118/10, has decided to voluntarily renounce its Cyprus Investment Firm license. This decision has been made in accordance with Section 24(1)(b) of the Investment Services and Activities and Regulated Markets Law of 2017 (Law 87(I)/2017) and the applicable provisions of Directive 87/05.

Details relevant to our clients, including instructions for any required actions, have been provided in the Client Area and sent directly to your registered email addresses.

Our team is available to assist you during this transition period. Should you have any questions or require further information, please contact us at:

Email: service@fibomarkets.com

Phone: +357 25 030 930

The renunciation process is expected to be finalized by April 30, 2025.

We deeply appreciate the trust you have placed in us over the years and regret any inconvenience this process may cause. We are committed to ensuring a smooth and transparent transition for all our clients.

Thank you for your understanding and cooperation.

Sincerely,

FIBO Markets Ltd. (ex FIBO Group Holdings Ltd.),”