Ellevest
fibo group
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Overview
Ellevest was founded in 2008 and is headquartered in USA, while fibo group was established in 2019 and is based in Cyprus. Ellevest holds licences including Unregulated, while fibo group is regulated by Financial Conduct Authority (FCA) among others. Ellevest serves 10,000+ clients worldwide; fibo group has 14,000+. The minimum deposit is $1 at Ellevest and $250 at fibo group.
| Feature | Ellevest | fibo group |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Unregulated | 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 |
| Founded | 2008 | 2019 |
| Country | USA | Cyprus |
| Clients | 10,000+ | 14,000+ |
Fees
Fees are a critical factor when choosing between Ellevest and fibo group, directly affecting your bottom line as a trader. Ellevest has a lower barrier to entry with a minimum deposit of $1 (vs $250 at fibo group). Both brokers charge withdrawal fees. Ellevest applies inactivity fees on dormant accounts; fibo group does not. Ellevest charges deposit fees; fibo group does not. Overall, Ellevest scores higher on fees in our assessment.
| Feature | Ellevest | fibo group |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Ellevest 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 Ellevest does not offer. The two brokers are closely matched on platform offering.
| Feature | Ellevest | fibo group |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Windows, Android, Mac OS, iOS | MT4, 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 Ellevest and fibo group compare. fibo group runs regular live webinars; Ellevest does not. Both provide video tutorials. fibo group publishes daily market commentary; Ellevest does not. Both integrate third-party research tools. fibo group maintains an archive of past webinars for on-demand viewing. fibo group scores higher overall in education and research.
| Feature | Ellevest | fibo group |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ellevest 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.
| Feature | Ellevest | fibo group |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Ellevest and fibo group offer live chat support. Both provide phone support. Email support is available at both brokers. Ellevest supports 2 languages and fibo group supports 8, giving fibo group broader global reach. Both brokers are comparable on support quality.
| Feature | Ellevest | fibo group |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |