B
Chase Bank logo

Chase Bank

7.6/10

fibo group

7.7/10
7/10RegulationWinner10/10
8/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Chase Bank was founded in 1975 and is headquartered in United States, while fibo group was established in 2019 and is based in Cyprus. Chase Bank holds licences including Australian Securities and Investment Commission (ASIC), while fibo group is regulated by Financial Conduct Authority (FCA) among others. Chase Bank serves 10,000+ clients worldwide; fibo group has 14,000+. The minimum deposit is $100 at Chase Bank and $250 at fibo group.

fibo group wins this category
FeatureChase Bankfibo group
Min. Deposit$100$250
RegulationAustralian Securities and Investment Commission (ASIC)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
Founded19752019
CountryUnited StatesCyprus
Clients10,000+14,000+

Fees

Fees are a critical factor when choosing between Chase Bank and fibo group, directly affecting your bottom line as a trader. Chase Bank has a lower barrier to entry with a minimum deposit of $100 (vs $250 at fibo group). fibo group charges withdrawal fees while Chase Bank does not, giving Chase Bank an edge for frequent withdrawers. fibo group charges deposit fees; Chase Bank does not. Overall, Chase Bank scores higher on fees in our assessment.

Chase Bank wins this category
FeatureChase Bankfibo group
Min. Deposit$100$250
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Chase Bank offers MT4, MT5, cTrader, while fibo group supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fibo group supports social and copy trading features, which Chase Bank does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureChase Bankfibo group
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone/iPad,MacMT4, 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 Chase Bank 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. Chase Bank scores higher overall in education and research.

Chase Bank wins this category
FeatureChase Bankfibo group
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Chase Bank 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
FeatureChase Bankfibo 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 Chase Bank and fibo group offer live chat support. Both provide phone support. Email support is available at both brokers. Chase Bank supports 2 languages and fibo group supports 8, giving fibo group broader global reach. Both brokers are comparable on support quality.

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