fibo group
multibank exchange group
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
fibo group was founded in 2019 and is headquartered in Cyprus, while multibank exchange group was established in 2015 and is based in Cyprus. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. fibo group serves 14,000+ clients worldwide; multibank exchange group has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | fibo group | multibank exchange group |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | 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 | 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-F282 |
| Founded | 2019 | 2015 |
| Country | Cyprus | Cyprus |
| Clients | 14,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fibo group and multibank exchange group, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. fibo group charges withdrawal fees while multibank exchange group does not, a notable advantage for frequent withdrawers. fibo group charges deposit fees; multibank exchange group does not. The two brokers are broadly comparable on fee structure.
| Feature | fibo group | multibank exchange group |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
fibo group offers MT4, MT5, cTrader, while multibank exchange 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.
| Feature | fibo group | multibank exchange 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | 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 fibo group and multibank exchange group compare. fibo group runs regular live webinars; multibank exchange group does not. Both provide video tutorials. fibo group publishes daily market commentary; multibank exchange group 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 | fibo group | multibank exchange group |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
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 multibank exchange group supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | fibo group | multibank exchange group |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
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 multibank exchange group offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.
| Feature | fibo group | multibank exchange group |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |