We are beginning to share reviews of forex and CFD brokers. With new companies emerging regularly and established names evolving, it’s essential to stay informed about which brokers are worth considering and which ones should be avoided.
Introducing: TibiGlobe
We’re kicking off our review series with TibiGlobe, a broker launched in late 2023. Everything about TibiGlobe indicates that they are new: a small online footprint, limited reviews, a basic website, and a relatively modest following. At first glance, it gives off the impression of a small, cozy, boutique-style broker. If that’s the vibe you’re after, keep reading.
Is TibiGlobe Legit? Licenses and Regulations
TibiGlobe is definitely legit: the company is licensed and regulated by the FSCA (Financial Sector Conduct Authority), the South African Financial Institutions Market Conduct regulator. This regulator is known for being strict and enforcing reliable control mechanisms for its license holders. Having a South African license is a solid credibility boost for any broker.
When we spoke with TibiGlobe’s support representative upon registering, we couldn’t resist asking about their plans for additional licenses. Will there be other regulations added? The support officer confirmed that new licenses were indeed in the works, although no specifics were shared. For now, FSCA provides a solid legal foundation.
Many traders also ask how their funds are protected and which institution safeguards them. According to TibiGlobe’s website, they have assigned the collection and safeguarding of funds to an EU entity of the same Group (Tibi Cashier). Client funds are held with an EU financial institution, which certainly instills confidence.
TibiGlobe Website
The website, while basic, does have two valuable pages: Webinars and eBooks. We downloaded all the available materials and found TibiGlobe’s eBook on moving averages to be one of the best we’ve come across in the industry. We hope they continue to expand their educational resources.
We were also informed by a support officer that the company is in the process of revamping its website, with a new version to be launched soon. As the saying goes, “stay tuned.”
Platforms: MT5 and Social Trader
TibiGlobe currently offers two platforms: MT5 and Social Trading. There’s no MT4 or anything like cTrader, which might be a dealbreaker for some. That said, we’ve grown to appreciate MT5 in recent years and believe it’s becoming a 100% replacement for MT4, especially with new developments constantly being rolled out. So, don’t let the platform selection hold you back.
As for social trading, it’s a pleasure to use. Available directly from the portal—without the hassle of separate URLs or logins like other brokers—this platform is clean, intuitive, and beginner-friendly. While there could be more signal providers, we’re confident that it’s just a matter of time before more traders join. If you’re a skilled trader looking to earn extra income by allowing others to follow your trades, TibiGlobe is worth checking out.
Trading
TibiGlobe offers four account types all with leverage up to 1:500, with deposits starting from $50. Our team tested a couple of them and didn’t encounter any issues.
Depending on your trading needs, you’ll find the right fit. We think most beginner traders will be happy with the TiBi SPREAD account.
In terms of trading instruments, the selection could be broader. There’s a limited range, especially in cryptos, energies, and metals, compared to established brokers like FXPro. However, to be fair, most of us trade the most common instruments, which are available on the TibiGlobe platform.
Deposits and Withdrawals
Unlike many other brokers, TibiGlobe allows deposits and withdrawals in crypto. Additionally, aside from card payments, TibiGlobe offers AstroPay and A2A (account-to-account) banking in the EU. We assume there are local payment methods available for other markets. TibiGlobe processes payments through Praxis Tech, which emphasizes localized methods. We tested both deposits and withdrawals using various methods, and the process was consistently smooth.
Sales and Support
We all know the frustration of being bombarded with calls to deposit after registering on a platform. If you signed up just to explore, that pushy sales call can make you want to walk away from the broker entirely. Fortunately, that’s not the case with TibiGlobe.
The only call we received was from support when one of our editors created an account but got distracted and didn’t complete the KYC process. KYC, by the way, is handled via SumSub, and the process is flawless. A polite French-speaking support officer reminded us to complete the process but never asked the dreaded, “When will you deposit? How much?” At no point did any of us feel pressured to make a deposit or do anything we weren’t ready to do. The professionalism and respect shown by TibiGlobe were refreshing, and we hope they maintain this approach rather than chasing higher trading volumes and deposits.
Conclusion
We were impressed by TibiGlobe’s boutique vibe and professional approach and would recommend this broker to traders.
✅ TibiGlobe Pros ✅ | ❌ TibiGlobe Cons ❌ |
Fast account approval process | Slightly fewer available trading instruments |
Responsive, professional support | No MT4, only MT5 |
Smooth deposits and withdrawals, including crypto | |
Transparency regarding licensing and regulation |
Notes:
This review has not been encouraged, facilitated or sponsored by TibiGlobe. We act as an independent media outlet.
This article does not constitute investment advice. Please do your own research. Always.