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FIBOGROUP , STARTRADER Broker Comparison
Do you want to know which is the better broker between FIBOGROUP and STARTRADER ?
In the table below, you can compare the features of FIBOGROUP , STARTRADER 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
3.57
Offshore Regulation
Under guarantee
15-20 years
FSC
TCPAY,Skrill,Neteller,SEPA,vo/et,bitpay,RAIDO SPARE
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
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
--
8.56
Regulated
Under guarantee
--
--
10-15 years
ASIC,FSCA,FSA
Neteller,STICPAY,Debit Card,Local Deposits,Bank Wire,CryptoPay,PerfectMoney,Credit Card,SEPA,Skrill
AA
B
499.9
2
2
3
1987
1987
1987
AAA
13
-1
13
A
5.07 USD/Lot
18.74 USD/Lot
A
Long: -6.92
Short: 3.13
Long: -86.15
Short: 28.12
C
0.1
266.6
STANDARD,ECN
60+ currency pairs, 700+ stocks, 20+ commodities, 25+ indices
10-50USD
1:1000
from 1.0
0.00
--
0.01
--
FIBOGROUP 、 STARTRADER BrokerRelated News
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 fibo-group and iv-markets 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
fibo-group
| Quick FIBO Group Review Summary | |
| Found | 1998 |
| Registered Country/Region | The Virgin Islands |
| Regulation | FSC (Offshore) |
| Market Instruments | Forex, spot metals, cryptocurrencies, CFDs, US stocks |
| Account Type | MT4 NDD, MT4 Cent, MT4 NDD No Commission, MT4 Fixed, MT5 NDD, cTrader NDD, cTrader Zero Spread |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Min Deposit | $0 |
| Max Leverage | 1:3000 |
| Spread | From 0 pips |
| Trading Platform | MT4, MT5, cTrader |
| Copy Trading | ✅ |
| Payment Methods | SEPA, Swift, MasterCard, Neteller, Skrill, bitpay, cryptocurrencies |
| Deposit Fee | ❌ |
| Withdrawal Fee | Free for most methods |
| Customer Support | Live chat, tel: 400-155-7215 |
| Regional Restrictions | The 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.
Pros & Cons
| Pros | Cons |
| Wide range of trading instruments | Offshore regulated |
| Demo accounts | Clients 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 Country | Regulated by | Current Status | Regulated Entity | License Type | License Number |
 | FIBO | Offshore Regulated | FIBO GROUP, LTD. | Retail Forex License | SIBA/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 Assets | Available |
| 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 Type | MT4 Cent | MT4 Fixed | MT4 NDD | MT4 NDD No Commission | cTrader NDD | cTrader Zero Spread | MT5 NDD |
| Order Execution Technology | No Dealing Desk | Market Maker | No Dealing Desk | No Dealing Desk | No Dealing Desk | No Dealing Desk | No Dealing Desk |
| Account Currency | USD cent, GLD cent | EUR, USD | EUR, USD, GLD | EUR, USD, GLD, BTC, ETH | USD, EUR | USD | USD |
| Min Deposit | $0 | $50 | $50 | $50 | $50 | $50 | $50 |
| Max Leverage | 1:3000 | 1:200 | 1:400 | 1:400 | 1:400 | 1:1000 | 1:400 |
| Spread from | 0.6 pips | 2 pips | 0 pips | 0.8 pips | 0 pips | 0 pips | 0 pips |
| Commission | ❌ | ❌ | 0.003% from the amount of a transaction | ❌ | 0.003% from the amount of a transaction | 0.012% from the amount of a transaction, min $1 | 0.003% from the amount of a transaction |
| Stop Out Level | 20% | 20% | 50% | 50% | 20% | 20% | 50% |
| CFD Trading | ❌ | ✔ | ✔ | ❌ | ❌ | ❌ | ❌ |
| Islamic Account | ❌ | ✔ | ✔ | ✔ | ❌ | ❌ | ❌ |
| Managed Account (PAMM) | ❌ | ✔ | ✔ | ✔ | ❌ | ❌ | ❌ |
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 Type | MT4 Cent | MT4 Fixed | MT4 NDD | MT4 NDD No Commission | cTrader NDD | cTrader Zero Spread | MT5 NDD |
| Max Leverage for Forex | 1:3000 | 1:200 | 1:400 | 1:400 | 1:400 | 1:1000 | 1:400 |
| Max Leverage for Metals | 1:3000 | 1:200 | 1:400 | 1:400 | 1:400 | 1:400 | 1:100 |
| Max Leverage for Cryptocurrencies | 1:25 | 1:25 | 1:25 | 1:25 | 1:1 | 1:1 | 1:25 |
| Max Leverage for US Stocks | 1:1 | 1:20 | 1:20 | 1:20 | 1:1 | 1:1 | 1:20 |
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.
Deposit & Withdrawal
FIBO Group accepts deposits and withdrawals via banks, credit card, e-wallets, and cryptocurrencies.
| Payment Method | Accepted Currency | Deposit Fee | Withdrawal Fee | Deposit Time | Withdrawal Time |
| SEPA/SWIFT | USD, EUR | ❌ | Around 35-50 USD | Within 2-5 days | 3-5 business days |
| MasterCard | USD | ❌ | 4.5% + 1.2 usd | Automatically upon receipt of funds | A few minutes |
| Neteller | USD, EUR | ❌ | 2%, min 1 USD/EUR | Once the payment cleared | Within 2 business days, excluding the day the application was submitted |
| Skrill | USD | ❌ | 1% | Once the payment cleared or inside office hours | Within several minutes |
| TCPAY | USD | ❌ | 3% | Immediately | As soon as the withdrawal request is processed |
| bitpay | BTC, ETH, BCH, XRP | ❌ | / | Once the payment cleared | / |
| Cryptocurrencies | BTC, ETH, USDT (TRC20), TRX, USDT (ERC20), USDT (BEP20) | Network fee | 0.5% | Once the payment cleared | Within several minutes, up to several hours |
| RAIDO R SPARE | BTC, ETH, USDT (TRC20), TRX, USDT (ERC20), USDT (BEP20) | / | ❌ | / | Within several minutes |
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.
iv-markets
| STARTRADER Review Summary | |
| Founded | 1997 |
| Registered Country/Region | Australia |
| Regulation | ASIC |
| Market Instruments | Forex, shares, indices, metals, commodities, and ETF |
| Account Type | STP Account, ECN Account |
| Demo Account | ✔ |
| Leverage | Up to 1:500 |
| Spread | Start from 0.0 pips |
| Minimum trading set | 0.01 lots |
| Trading Platform | MT4, MT5, Web Trader, STARTRADER APP, copy trade |
| Payment Method | Visa/Mastercard, E-Wallet, International Bank Wire Transfer |
| Customer Support | Phone: +61 2 9925 4396 |
| Email: info@startrader.com | |
| Physical Address: Suite 201, 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, Mauritius | |
STARTRADER Information
STARTRADER, founded in 1997, is a brokerage registered in Australia. The trading instruments it provides cover more than 50 types of forex , more than 70 types of shares, indices, metals, commodities, and ETF.
Pros and Cons
| Pros | Cons |
| Regulated | No clear information on the minimum deposit for each accounts |
| Wide range of trading instruments | No Islamic account |
| Generous leverage up to 1:500 | |
| MT4 and MT5 supported | |
| Copy trading available | |
| Demo account available |
Is STARTRADER Legit?
STARTRADER is regulated by ASIC. Its current status is regulated.
| Regulated Country | Regulated Authority | Regulated Entity | License Number | Current Status |
| Australia | ASIC | STARTRADER PRIME GLOBAL PTY LTD | 000421210 | Regulated |
What Can I Trade on STARTRADER?
STARTRADER offers traders more than 1000 types of instruments - more than 50 types of forex , more than 70 types of shares, indices, metals, and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| ETF | ✔ |
| Futures | ❌ |
| Options | ❌ |
Account Types
STARTRADER offers 2 different types of accounts to traders - Standard Account, ECN Account.
| Account Type | Standard Account | ECN Account |
| Spreads | As low as 1.3 pips | As low as 0.0 pips |
| Commission | No | Yes, $7/lot |
| Minimum Volume per Trade | 0.01 lots | 0.01 lots |
| Account Currency Type | AUD, CAD, EUR, GBP, USD, NZD | AUD, CAD, EUR, GBP, USD, NZD |
| Payment Methods | Visa/Mastercard, E-Wallet, International Bank Wire Transfer | Visa/Mastercard, E-Wallet, International Bank Wire Transfer |
| Demo Account | ✔ | ✔ |
Trading Platform
STARTRADER's trading platforms are MT4, MT5, Web Trader, STARTRADER APP, which support traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices |
| MT4 Margin WebTrader | ✔ | Web, Mobile |
| MT5 | ✔ | Web, Mobile |
| Web Trader | ✔ | Web |
| STARTRADER APP | ✔ | Mobile |
| Copy Trade | ✔ |
Deposit and Withdrawal
The broker supports Visa, Mastercard, E-Wallet, Bank Wire, China Union Pay, Dragonpay, Help2Pay, Payment Asia and tether.
Copy Trading
STARTRADER's copytrading offers an opportunity to follow good traders and monitor the markets.
Do fibo-group and iv-markets 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 fibo-group and iv-markets are, we first considered common fees for standard accounts. On fibo-group, the average spread for the EUR/USD currency pair is from 0,6 pips, while on iv-markets the spread is from 1.0.
Which broker between fibo-group, iv-markets 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.
fibo-group is regulated by FSC. iv-markets is regulated by ASIC,FSCA,FSA.
Which broker between fibo-group, iv-markets 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.
fibo-group provides the MT5 Cent ,cTrader Zero Spread,MT5 NDD,cTrader NDD ,MT4 NDD No Commission,MT4 NDD,MT4 Fixed,MT4 Cent platform with products like --; iv-markets offers the STANDARD,ECN platform featuring assets including 60+ currency pairs, 700+ stocks, 20+ commodities, 25+ indices.
