B

fibo group

7.7/10
Forex.com logo

Forex.com

7.4/10
10/10RegulationTied10/10
0/10FeesTied0/10
9/10PlatformsTied9/10
6/10Education & ResearchTied6/10
10/10WinnerDeposits & Withdrawals6.5/10
10/10SupportTied10/10

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Overview

fibo group was founded in 2019 and is headquartered in Cyprus, while Forex.com was established in 2001 and is based in United States. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. fibo group serves 14,000+ clients worldwide; Forex.com has 150,000+. The minimum deposit is $250 at fibo group and Typical at Forex.com.

fibo group wins this category
Featurefibo groupForex.com
Min. Deposit$250Typical
RegulationFinancial 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-F226Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)
Founded20192001
CountryCyprusUnited States
Clients14,000+150,000+

Fees

Fees are a critical factor when choosing between fibo group and Forex.com, directly affecting your bottom line as a trader. fibo group has a lower barrier to entry with a minimum deposit of $250 (vs Typical at Forex.com). Both brokers charge withdrawal fees. Forex.com applies inactivity fees on dormant accounts; fibo group does not. fibo group charges deposit fees; Forex.com does not. The two brokers are broadly comparable on fee structure.

Tied
Featurefibo groupForex.com
Min. Deposit$250Typical
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

fibo group offers MT4, MT5, cTrader, while Forex.com 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
Featurefibo groupForex.com
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how fibo group and Forex.com 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
Featurefibo groupForex.com
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. fibo group accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Forex.com supports 3 (bank transfer, credit/debit card, PayPal). fibo group uniquely supports Skrill and Neteller among the two brokers. fibo group scores higher on deposit and withdrawal flexibility.

fibo group wins this category
Featurefibo groupForex.com
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillYesNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fibo group and Forex.com offer live chat support. Both provide phone support. Email support is available at both brokers. fibo group supports 8 languages and Forex.com supports 3, giving fibo group broader global reach. Both brokers are comparable on support quality.

Tied
Featurefibo groupForex.com
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, Chinese, Arabic