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deriv , FIBOGROUP Broker Comparison

Do you want to know which is the better broker between deriv and FIBOGROUP ?

In the table below, you can compare the features of deriv , FIBOGROUP side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
deriv
6.88
Regulated
Under guarantee
5-10 years
MFSA,CMA,FSC,VFSC,CIMA
VISA,VISA Electron,VN PAY,maestro,pix,MASTER,Diners Club INTERNATIONAL,DISCOVER,ZingPay,Help2Pay,Bank transfer,SwiffyEft,UPI,QRIS,OZOW,Capitec Pay,virtual account,SPEI,PayRetailers,AO EFT,PSE,Equitel, VietQR Payment Kit,Airtel,M-Pesa,Vodafone,MTN,Orange,AstroPay,Zamtel,Neteller,Tigo,Vodacom,AIRTM,Moov Africa,Tpaga,Jetonbank,Volet.com,Skrill,Online Naira,Easypaisa,Skrill 1-Tap,STICPAY,BTC,ETH,JazzCash,COINS CRYPTO,Tether ERC20 (eUSDT),XRP,litecoin,Tether TRC20 (tUSDT),ethereum,bitcoin,Bitcoin Cash,USD Coin,DOGECOIN,BNB,TRON,polygon,CARDANO,BINANCE PAY,1Voucher,OXXO,VOUCHERRY,SOLANA,tether,icash.one,Jeton Cash,TON,Chainlink,Pago Efectivo,AOEFT,M-PESA,orange,vodacom, Tether TRC20 (tUSDT),DDOGECOIN
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--
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--
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--
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--
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--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
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FIBOGROUP
3.57
Offshore Regulation
Under guarantee
15-20 years
FSC
TCPAY,Skrill,Neteller,SEPA,vo/et,bitpay,RAIDO SPARE
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--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
MT5 Cent ,cTrader Zero Spread,MT5 NDD,cTrader NDD ,MT4 NDD No Commission,MT4 NDD,MT4 Fixed,MT4 Cent
--
1 cent
Forex 1:5000, metals 1:5000, crypto currencies 1:25
from 0,6
50.00
--
0,01
--

deriv 、 FIBOGROUP BrokerRelated News

deriv 、 FIBOGROUP BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do deriv and fibo-group have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

deriv
Deriv Review Summary
Founded1996
Registered Country/RegionMalta
RegulationMFSA, VFSC/FSA (Suspicious Clone)
Market InstrumentsForex, indices, stocks, commodities, cryptocurrencies, ETFs
Demo Account
LeverageUp to 1:1000 (forex)
SpreadFrom 0.1 pips (Standard account)
Trading PlatformDeriv MT5, Deriv X, Deriv cTrader, Deriv Trader, Deriv Bot, Deriv GO, and SmartTrader
Copy trading
Minimum Deposit$5
Customer SupportLive chat
Email: marketing@deriv.com
Social media: Facebook, X, Instagram, Youtube, Linkedin, Telegram, WhatsApp

Deriv Information

Deriv is a regulated broker, offering trading on forex, indices, stocks, commodities, cryptocurrencies and ETFs with leverage up to 1:1000 (forex) and spreads from 0 pips on Deriv MT5, Deriv X, Deriv cTrader, Deriv Trader, Deriv Bot, Deriv GO, and SmartTrader trading platforms. The minimum deposit requirement is only $5.

Deriv's homepage

Pros and Cons

Pros Cons
Demo accountsSuspicious clone lisences
MT5 platform
Low minimum deposit requirement
Various trading platforms

Is Deriv Legit?

Deriv is licensed by MFSA to offer services. However, the certification from VFSC and FSA is suspicious clone.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Malta Financial Services Authority (MFSA)Regulated DERIV INVESTMENTS (EUROPE) LIMITEDMarket Maker (MM)C 70156
Vanuatu Financial Services Commission (VFSC)Suspicious CloneBinary (V) LtdRetail Forex LicenseUnreleased
British Virgin Islands Financial Services Commission (FSA)Suspicious CloneBinary (BVI) Ltd.Retail Forex LicenseSIBA/L/18/1114
Regulated by MFSA
Suspicious Clone VFSC license
Suspicious Clone FSA license
Domain information

What Can I Trade on Deriv?

Deriv offers trading on forex, indices, stocks, commodities, cryptocurrencies and ETFs.

Tradable Instruments Supported
Forex
Indices
Stocks
Commodities
Cryptocurrencies
ETFs
Bonds
Options
What Can I Trade on Deriv?

Account Type

Here are six account types Deriv offers:

Account TypeMinimum Deposit
Standard 0
Zero Spreads
Swap-Free
Financial
Gold
Financial STP

Leverage

Deriv offers flexible leverage options, varying by trading assets. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Asset ClassesMaximum leverage
Forex 1:1000
Derived Indices1:4000
Stocks 1:50
Stock Indices1:100
ETFs 1:5
Commodities 1:500
Cryptocurrencies 1:100
Leverage

Deriv Fees

Account TypeSpreadCommission
Standard From 0.1 pips0
Zero Spreads From 0 pips
Swap-Free From 0.3 pips0
Financial From 0.2 pips
Gold From 25 pips
Financial STP From 0.4 pips
Asset ClassesSpread
Forex From 0.3 pips
Derived IndicesFrom 0.24 pips
Stocks From 0.6 pips
Stock IndicesFrom 0.6 pips
ETFs From 1 pip
Commodities From 0.6 pips
Cryptocurrencies From 0.8 pips
Deriv spreads

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Deriv MT5Android, iOS & HuaweiExperienced traders
Deriv XAndroid, iOS, web/
Deriv cTraderAndroid, iOS & Huawei/
Deriv TraderMobile/
Deriv BotMobile/
Deriv GOAndroid, iOS & Huawei/
SmartTraderWeb/
MT4/Beginners
Deriv MT5
Deriv X
Deriv Go
SmartTrader

Deposit and Withdrawal

Deriv accepts payments via credit & debit cards, online banking, mobile payments, E-wallets, cryptocurrencies, On-ramp/Off ramp and Voucher.

Deposit Options

Deposit Options Minimum DepositMaximum DepositDeposit Time
Credit & debit cards10 USD, EUR, GBP5,000 USD, EUR, GBPInstant
Online banking 10 USD1,000 USD
Mobile payments 5 USD
E-wallets4,000 USD
Cryptocurrencies 0/Funds available as soon as confirmed
On-ramp/Off-ramp5 USD1,000 USDInstant
Voucher 10 USD

Withdrawal Options

Withdrawal Options Minimum Withdrawal Maximum Withdrawal Withdrawal Time
Credit & debit cards10 USD10,000 USDInstant
Online banking 1,000 USD
Mobile payments 5 USDInstant/1 working day
E-wallets10,000 USDInstant
Cryptocurrencies 0.00009207 (Bitcoin)/Subject to internal checks
On-ramp/Off-ramp5 USD2,000 USDInstant
Voucher Not applicable
Deposit and Withdrawal
fibo-group
Quick FIBO Group Review Summary
Found1998
Registered Country/RegionThe Virgin Islands
RegulationFSC (Offshore)
Market InstrumentsForex, spot metals, cryptocurrencies, CFDs, US stocks
Account TypeMT4 NDD, MT4 Cent, MT4 NDD No Commission, MT4 Fixed, MT5 NDD, cTrader NDD, cTrader Zero Spread
Demo Account
Islamic Account
Min Deposit$0
Max Leverage1:3000
SpreadFrom 0 pips
Trading PlatformMT4, MT5, cTrader
Copy Trading
Payment MethodsSEPA, Swift, MasterCard, Neteller, Skrill, bitpay, cryptocurrencies
Deposit Fee
Withdrawal FeeFree for most methods
Customer SupportLive chat, tel: 400-155-7215
Regional RestrictionsThe United Kingdom, North Korea, and the United States

FIBO Group Information

FIBO Group, or International Financial Holding FIBO Group, is an international financial holding company that was established in 1998. It offers online trading services, primarily in the foreign exchange market, but also provides a platform for the trading of CFDs, commodities, and cryptocurrencies. Headquartered in Vienna, Austria, the company has a global presence with subsidiaries in the British Virgin Islands, Cyprus, Australia, Singapore, and Russia, as well as offices in several other countries. FIBO Group started as an investment consulting firm and evolved into a prominent player in the forex market, and in 2017 it expanded into cryptocurrency derivatives.

FIBO Group's homepage

Pros & Cons

ProsCons
Wide range of trading instrumentsOffshore regulated
Demo accountsClients from the UK, North Korea, and the USA are not allowed
Multiple account types
MT4/5 and cTrader platforms
Copy trading
Popular payment options
No deposit fees
Live chat support

Is FIBO Group Legit?

FIBO Group is currently offshore regulated by British Virgin Islands Financial Services Commission (FIBO).

Regulated CountryRegulated byCurrent StatusRegulated EntityLicense TypeLicense Number
The Virgin Islands
FIBOOffshore RegulatedFIBO GROUP, LTD.Retail Forex LicenseSIBA/L/14/1063

Market Instruments

FIBO Group offers mainstream and popular financial products in the global financial market for investors, including forex, spot metals, cryptocurrencies, CFDs, and US stocks.

Trading AssetsAvailable
Forex
Spot metals
Cryptocurrencies
CFDs
US stocks
Indices
Bonds
Options
ETFs

Account Types/Fees

Apart from demo accounts, FIBO Group offers eight account types, namely MT4 Cent, MT5 Fixed, MT4 NDD, MT4 NDD No Commission, cTrader NDD, cTrader Zero Spread, and MT5 NDD.

Account TypeMT4 CentMT4 FixedMT4 NDDMT4 NDD No CommissioncTrader NDDcTrader Zero SpreadMT5 NDD
Order Execution TechnologyNo Dealing DeskMarket MakerNo Dealing DeskNo Dealing DeskNo Dealing DeskNo Dealing DeskNo Dealing Desk
Account CurrencyUSD cent, GLD centEUR, USDEUR, USD, GLDEUR, USD, GLD, BTC, ETHUSD, EURUSDUSD
Min Deposit$0$50$50$50$50$50$50
Max Leverage1:30001:2001:4001:4001:4001:10001:400
Spread from0.6 pips2 pips0 pips0.8 pips0 pips0 pips0 pips
Commission0.003% from the amount of a transaction0.003% from the amount of a transaction0.012% from the amount of a transaction, min $10.003% from the amount of a transaction
Stop Out Level20%20%50%50%20%20%50%
CFD Trading
Islamic Account
Managed Account (PAMM)
Account comparison

How to Open an Account with FIBO Group?

Step 1: Sign up-Creating your Client Area. The first stage of registration with the company is creating your Client Area. To do this, you need to indicate your email address and phone number in the sign-up form on the site.

Step 2: Verification of email, phone number and proof of identity. To verify your email, this broker will send you an email to the address you indicate while signing up. Click the link in the message to confirm your email address.

Step 3: Depositing funds to your account and starting trading.

Leverage

FIBO Group provides different maximum leverage ratios for different tradable assets and account types. Find detailed info in the table below:

Account TypeMT4 CentMT4 FixedMT4 NDDMT4 NDD No CommissioncTrader NDDcTrader Zero SpreadMT5 NDD
Max Leverage for Forex1:30001:2001:4001:4001:4001:10001:400
Max Leverage for Metals1:30001:2001:4001:4001:4001:4001:100
Max Leverage for Cryptocurrencies1:251:251:251:251:11:11:25
Max Leverage for US Stocks1:11:201:201:201:11:11:20

While leverage presents an opportunity to increase funds, it's important for traders to understand that higher leverage also comes with higher risks.

Trading Platforms

FIBO Group provides traders with a choice of three reliable and widely-used trading platforms.

The cTrader platform offers direct trading with international banking institutions and features high-speed order execution, customizable indicators, and market depth display.

The MetaTrader 4 platform is customizable and user-friendly, with a range of technical indicators, strategy tester, and one-click trading.

The MetaTrader 5 platform offers multi-asset trading, advanced strategy tester, netting and hedging modes, and comprehensive analytical tools such as built-in indicators, financial news, and an economic calendar. All platforms are available on desktop, Android, and iOS devices.

trading-platform
trading-platform

Deposit & Withdrawal

FIBO Group accepts deposits and withdrawals via banks, credit card, e-wallets, and cryptocurrencies.

Payment MethodAccepted CurrencyDeposit FeeWithdrawal FeeDeposit TimeWithdrawal Time
SEPA/SWIFTUSD, EURAround 35-50 USDWithin 2-5 days3-5 business days
MasterCardUSD4.5% + 1.2 usdAutomatically upon receipt of fundsA few minutes
NetellerUSD, EUR2%, min 1 USD/EUROnce the payment clearedWithin 2 business days, excluding the day the application was submitted
SkrillUSD1%Once the payment cleared or inside office hoursWithin several minutes
TCPAYUSD3%ImmediatelyAs soon as the withdrawal request is processed
bitpayBTC, ETH, BCH, XRP/Once the payment cleared/
CryptocurrenciesBTC, ETH, USDT (TRC20), TRX, USDT (ERC20), USDT (BEP20)Network fee0.5%Once the payment clearedWithin several minutes, up to several hours
RAIDO R SPAREBTC, ETH, USDT (TRC20), TRX, USDT (ERC20), USDT (BEP20)//Within several minutes
Deposit & Withdrawal 1
Deposit & Withdrawal 2
Deposit & Withdrawal 3

Frequently Asked Questions (FAQs)

Q 1:At FIBO Group, are there any regional restrictions for traders?
A 1:Yes. The services of FIBO Group are not provided to residents of the UK, North Korea and the USA.
Q 2:Can I have more than one account?
A 2:Yes, you may open more than one account with FIBO Group. To open an additional account you should log in to your client area and click “Open a new trading account.” It is not necessary to submit your ID and Utility bill again (Unless the details have changed).
Q 3:Can I trade with an EA (Expert Advisor or robot)?
A 3:Yes, you may trade with any forex Expert Advisors you like.
Q 4:What is the minimum deposit for FIBO Group?
A 4:$0.
Q 5:Is FIBO Group a good broker for beginners?
A 5:Yes. FIBO Group is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Do deriv and fibo-group have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive deriv and fibo-group are, we first considered common fees for standard accounts. On deriv, the average spread for the EUR/USD currency pair is -- pips, while on fibo-group the spread is from 0,6.

Which broker between deriv, fibo-group is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

deriv is regulated by MFSA,CMA,FSC,VFSC,CIMA. fibo-group is regulated by FSC.

Which broker between deriv, fibo-group provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

deriv provides the -- platform with products like --; fibo-group offers the MT5 Cent ,cTrader Zero Spread,MT5 NDD,cTrader NDD ,MT4 NDD No Commission,MT4 NDD,MT4 Fixed,MT4 Cent platform featuring assets including --.

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