ETFinance
fibo group
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Overview
ETFinance was founded in 2018 and is headquartered in Cyprus, while fibo group was established in 2019 and is based in Cyprus. ETFinance holds licences including Cyprus Securities and Exchange Commission (CySEC), while fibo group is regulated by Financial Conduct Authority (FCA) among others. ETFinance serves 10,000+ clients worldwide; fibo group has 14,000+. The minimum deposit is $215 at ETFinance and $250 at fibo group.
| Feature | ETFinance | fibo group |
|---|---|---|
| Min. Deposit | $215 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | 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 | 2018 | 2019 |
| Country | Cyprus | Cyprus |
| Clients | 10,000+ | 14,000+ |
Fees
Fees are a critical factor when choosing between ETFinance and fibo group, directly affecting your bottom line as a trader. ETFinance has a lower barrier to entry with a minimum deposit of $215 (vs $250 at fibo group). fibo group charges withdrawal fees while ETFinance does not, giving ETFinance an edge for frequent withdrawers. ETFinance charges deposit fees; fibo group does not. The two brokers are broadly comparable on fee structure.
| Feature | ETFinance | fibo group |
|---|---|---|
| Min. Deposit | $215 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
ETFinance 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 ETFinance does not offer. The two brokers are closely matched on platform offering.
| Feature | ETFinance | 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 | MT4,iOS,MacBook,iPhone | 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 ETFinance 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. ETFinance scores higher overall in education and research.
| Feature | ETFinance | fibo group |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ETFinance 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 | ETFinance | 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 ETFinance and fibo group offer live chat support. Both provide phone support. Email support is available at both brokers. ETFinance supports 2 languages and fibo group supports 8, giving fibo group broader global reach. Both brokers are comparable on support quality.
| Feature | ETFinance | 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 |