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FxPro , FIBOGROUP Broker Comparison

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

In the table below, you can compare the features of FxPro , 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
FxPro
6.98
Regulated
Under guarantee
15-20 years
CYSEC,FCA,FSA
--
D
AAA
228.9
163
163
172
1009
648
1009
D
--
--
--
--
AA
--
14.28 USD/Lot
A

Long: -8.9

Short: 1.9

Long: -37.28

Short: 14.94

AAA
0.3
11.5
Elite · MT4/5,Raw+ · MT4/5,Standard · MT4/5
--
--
--
FX Major from 0
0.00
floating
--
--
FIBOGROUP
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
--

FxPro 、 FIBOGROUP BrokerRelated News

FxPro 、 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 fxpro 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

fxpro
Quick FxPro Review Summary
Founded2006
HeadquartersLondon, UK
RegulationCySEC, FCA
Tradable AssetsForex, crypto CFDs, metals, indices, futures, energy, shares
Demo Account(up to 100k in virtual funds, 180-day life span)
Account TypeStandard, Raw+, cTrader
Min Deposit$100
LeverageUp to 1:500
SpreadFrom 0 pips
Trading PlatformFxPro Mobile App, FxPro WebTrader, MT4/5, cTrader
Payment MethodFxPro Wallet
Customer Support24/5 live chat, call back form
Tel: +44 (0) 203 151 5550
Email: china.support@fxpro.com
Regional RestrictionsThe USA, Iran and Canada

FxPro Information

Founded in 2006, FxPro is a reputable UK-based broker, offering trading on forex, crypto CFDs, metals, indices, futures, energy, and shares via the popular MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader platforms, as well as its proprietary platform, FxPro WebTrader and FxPro Mobile App. In addition to its trading services, FxPro provides clients with a comprehensive knowledge hub, which contains all kinds of educational resources, friendly for both beginners and professionals.

FxPro's homepage

Pros & Cons

ProsCons
  • Regulated by FCA and CYSEC
  • Clients from the USA, Iran and Canada are not allowed
  • Multiple choices of trading platforms
  • Limited customer support availability on weekends
  • Negative balance protection for retail clients
  • Demo accounts offered

Is FxPro Legit?

Yes, FxPro is regulated by several reputable financial regulatory bodies in different jurisdictions where it operates. These regulatory bodies ensure that FxPro adheres to strict standards of financial stability, security, transparency, and fair trading practices.

Regulated CountryRegulated byRegulated EntityLicense TypeLicense Number
Cyprus
CySECFXPRO Financial Services LtdMarket Making (MM)078/07
UK
FCAFXPRO UK LimitedStraight Through Processing (STP)509956

FxPro Financial Services Limited is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license No. 078/07 and the Financial Conduct Authority (FCA) with license No. 509956.

Regulated by CySEC
Regulated by FCA

Market Instruments

FXPro offers a diverse range of trading instruments, including forex, crypto CFDs, metals, indices, futures, energy, and shares.

Trading AssetsAvailable
Forex
Crypto CFDs
Metals
Indices
Futures
Energy
Shares
Bonds
Options
ETFs
Market Instruments

Account Type/Fees

FXPRO offers three types of live accounts: Standard, Raw+, and cTrader accounts. Spreads and commissions vary be the account type and trading asset class. Find more detailed info about trading costs in the table below:

Account TypeAsset ClassSpreadCommission
StandardFX MajorFrom 1.2 pips
GoldFrom 25 cents
BitcoinFrom 30 USD
Other instrumentsFloating
Raw+FX MajorFrom 0 pips$3.5 per side
GoldFrom 10 cents
BitcoinFrom $15
Other instrumentsFloating
cTraderFX pairs/MetalsLow$35 per $1 million traded
Indices/Energy/CryptosFloating
Account comparison

FXPro also offers a free and 180-day life span demo account with up to 100k in virtual funds that enables traders to test their trading strategies and get a feel for the platform's features and functionality without risking any real money.

account-types

How to Open an Account?

The process of opening an account with FXPro is a streamlined and uncomplicated endeavor, which aims to provide a smooth onboarding experience for traders.

Step 1: First, you need to visit the broker's website and click on the 'Register' button.

Click on the 'Register' button

Step 2: Then, you will then be directed to a page where you need to fill out a registration form, including your country of residence, email address, and password.

Fill in required info

Step 3: Once you have submitted your registration form, you will be prompted to verify your email address by clicking on a verification link that will be sent to your inbox. After verifying your email, you can then proceed to complete the verification process by providing additional information, such as your ID and proof of address.

Step 4: Once your account has been verified, you can then proceed to fund it with the minimum required deposit.

Step 5: After funding your account, you can then start trading by logging into the FXPro trading platform with your account credentials. If you are new to trading, it is recommended that you first practice on the demo account to get a feel of how the platform works before risking your real money.

Leverage

FXPro offers competitive leverage ratios for different trading instruments to help traders maximize their trading potential.

For forex majors, forex minors, spot metals (Gold, Silver, Platinum and Palladium), spot major indices, spot energies, and futures energies, the broker offers a high leverage of up to 1:500.

For other instruments such as crypto and shares, the leverage ranges from 1:20 to 1:50, depending on the specific asset class. You can find more specific info in the screenshot below:

Asset ClassMax Leverage
Forex Majors1:500
Forex Minors
Spot Metals (Gold, Silver, Platinum, Palladium)
Spot Major Indices
Spot Energies
Futures Energies
Spot Minor Indices1:100
Futures Major Indices1:50
Futures Commodities
Spot Base Metals (Aluminium, Copper, Lead & Zinc)1:40
Shares & ETFs1:25

Trading Platform

FXPro provides traders with a variety of robust and user-friendly trading platforms to choose from, including the popular MetaTrader 4 and 5 (MT4 and MT5) platforms, as well as their proprietary FXPro Trading Platform and the advanced cTrader platform.

MT4 and MT5 are widely recognized as the industry standard in forex trading platforms, providing traders with a comprehensive range of analytical tools, customizable indicators, and automated trading capabilities.

FXPro's proprietary trading platform, on the other hand, offers a user-friendly interface with advanced charting capabilities and built-in risk management tools.

For traders looking for a more advanced trading experience, cTrader offers a range of sophisticated features such as level 2 pricing, advanced order types, and algorithmic trading capabilities.

Trading Platform

Educational Resources

FXPro provides clients with a knowledge hub for basic and advanced education, fundamental and technical analysis, and more. So wether you are a beginner or a professional trader, you can learn here.

Educational Resources

Customer Support

FXPRO offers 24/5 customer support to via live chat, call back form, phone: +44 ( 0) 203 151 5550, and email: info@fxpro.com.

Contact info

In addition to the above channels, FXPRO has an extensive FAQ section on its website that covers a wide range of topics related to trading, account management, and other services provided by the broker. Clients can access the FAQ section by clicking on the “FAQ & User support” tab on the broker's website.

FAQ & User support

FAQs

Is FXPro a regulated broker?

Yes, FXPro is a regulated broker. It is authorized and regulated by several top-tier financial authorities, including the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC).

What trading instruments are available at FXPro?

Forex, crypto CFDs, metals, indices, futures, energy, and shares,

Does FXPro offer demo accounts?

Yes, FXPro offers demo accounts with up to 100k in virtual funds and 180-day life span.

What trading platforms does FXPro offer?

FXPro offers FxPro Mobile App, FxPro WebTrader, MT4, MT5, and cTrader.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities.

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 fxpro 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 fxpro and fibo-group are, we first considered common fees for standard accounts. On fxpro, the average spread for the EUR/USD currency pair is FX Major from 0 pips, while on fibo-group the spread is from 0,6.

Which broker between fxpro, 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.

fxpro is regulated by CYSEC,FCA,FSA. fibo-group is regulated by FSC.

Which broker between fxpro, 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.

fxpro provides the Elite · MT4/5,Raw+ · MT4/5,Standard · MT4/5 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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