B

CFI Markets

7.4/10

fibo group

7.7/10
10/10RegulationTied10/10
2/10WinnerFees0/10
9/10PlatformsTied9/10
6/10Education & ResearchTied6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

CFI Markets was founded in 2012 and is headquartered in Cyprus, while fibo group was established in 2019 and is based in Cyprus. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. CFI Markets serves 10,000+ clients worldwide; fibo group has 14,000+. The minimum deposit is $100 at CFI Markets and $250 at fibo group.

fibo group wins this category
FeatureCFI Marketsfibo group
Min. Deposit$100$250
RegulationFinancial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F226
Founded20122019
CountryCyprusCyprus
Clients10,000+14,000+

Fees

Fees are a critical factor when choosing between CFI Markets and fibo group, directly affecting your bottom line as a trader. CFI Markets has a lower barrier to entry with a minimum deposit of $100 (vs $250 at fibo group). Both brokers charge withdrawal fees. CFI Markets applies inactivity fees on dormant accounts; fibo group does not. CFI Markets charges deposit fees; fibo group does not. Overall, CFI Markets scores higher on fees in our assessment.

CFI Markets wins this category
FeatureCFI Marketsfibo group
Min. Deposit$100$250
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

CFI Markets offers MT4, MT5, cTrader, while fibo group supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureCFI Marketsfibo group
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Tablet & Mobile appsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how CFI Markets and fibo group compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureCFI Marketsfibo group
Forex EducationNoNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CFI Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while fibo group supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fibo group uniquely supports PayPal and Skrill and Neteller among the two brokers. fibo group scores higher on deposit and withdrawal flexibility.

fibo group wins this category
FeatureCFI Marketsfibo group
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both CFI Markets and fibo group offer live chat support. Both provide phone support. Email support is available at both brokers. CFI Markets supports 2 languages and fibo group supports 8, giving fibo group broader global reach. Both brokers are comparable on support quality.

Tied
FeatureCFI Marketsfibo group
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic