Is Fiper safe and legit? Full review
Fiper is a United Arab Emirates-based broker established in 2022 and regulated by The Financial Services Commission (FSC) in Mauritius, with a safety level of Level 1. It offers two account types, VIP and PRO, with minimum deposits of $5,000 and $250, maximum leverage up to 1:500, spreads starting from 0.0 and 0.1, and support for hedging, scalping, and EA trading. The broker provides MT5 and CTrader platforms, full MT4/5 authorization, and servers in Ireland and the United Kingdom, with mobile app, web, and PC access; MacOS and other applications are not supported. Customer service supports six languages and can be reached through email, instant messaging, and social channels, though response times may be lengthy. Fiper has a C influence rating, with an average influence index of 5.58. Its noted drawbacks include multiple disclosures and no biometric login.
Regulatory Compliance and Security
Fiper is regulated by The Financial Services Commission (FSC) in Mauritius, with a safety level of Level 1. The regulator lists Fiper Global MAU under regulation number GB23201759 and marks the status as Regulated.
Account Type
Trading software
Fiper supports MT5 and CTrader. The platform qualification is Full License MT4/5. The software experience is rated Perfect. The platform lacks two-step login and biometric authentication.
MT4/5 Server Distribution:
- FiperFX-Server (MetaTrader5, Ireland)
- FiperFX-Server (MetaTrader5, United Kingdom)
Mobile Support: Mobile app, web, and PC are supported; MacOS and other applications are not supported.
Customer Service
Fiper's customer service supports six languages. Users can contact the broker through email, instant messaging, and social channels, though response times may be lengthy.
Influence
Fiper has an influence rating of C. Its influence is mainly distributed in the United Arab Emirates, Brazil, Germany, Algeria, Egypt, Spain, France, India, Iraq, and Jordan, with an average influence index of 5.58.