fibo group
UFX
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Overview
fibo group was founded in 2019 and is headquartered in Cyprus, while UFX was established in 2007 and is based in Republic of Vanuatu. fibo group holds licences including Financial Conduct Authority (FCA), while UFX is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. fibo group serves 14,000+ clients worldwide; UFX has 10,000+. The minimum deposit is $250 at fibo group and $500 at UFX.
| Feature | fibo group | UFX |
|---|---|---|
| Min. Deposit | $250 | $500 |
| 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 | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2019 | 2007 |
| Country | Cyprus | Republic of Vanuatu |
| Clients | 14,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fibo group and UFX, directly affecting your bottom line as a trader. fibo group has a lower barrier to entry with a minimum deposit of $250 (vs $500 at UFX). Both brokers charge withdrawal fees. fibo group charges deposit fees; UFX does not. The two brokers are broadly comparable on fee structure.
| Feature | fibo group | UFX |
|---|---|---|
| Min. Deposit | $250 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
fibo group offers MT4, MT5, cTrader, while UFX supports 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. fibo group edges ahead on platform breadth and functionality in our scoring.
| Feature | fibo group | UFX |
|---|---|---|
| MT4 | Yes | No |
| 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, Web Trader, 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 UFX compare. fibo group runs regular live webinars; UFX does not. Both provide video tutorials. fibo group publishes daily market commentary; UFX 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 | UFX |
|---|---|---|
| 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 UFX supports 2 (bank transfer, credit/debit card). fibo group uniquely supports PayPal and Skrill and Neteller among the two brokers. fibo group scores higher on deposit and withdrawal flexibility.
| Feature | fibo group | UFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
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 UFX offer live chat support. Both provide phone support. Email support is available at both brokers. fibo group supports 8 languages and UFX supports 2, giving fibo group broader global reach. Both brokers are comparable on support quality.
| Feature | fibo group | UFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |