eToro vs FIBO Group Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - eToro or FIBO Group?
Our pick: FIBO Group
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - FIBO Group looks preferable to eToro.
FIBO Group scored 4.1/5 and ranks 36 in our all Forex brokers list, whereas eToro has 3.8/5 and ranks 52.
This is not financial advice. See the full comparison below.
Who is eToro suitable for?
eToro may be suitable for beginners looking for a simple platform and interested in copying the trades of successful traders.
Who is FIBO Group suitable for?
FIBO Group is suitable for various types of traders, including beginners and experienced ones. A wide selection of accounts and trading platforms allows every trader to find the right solution.
Comparison Table of eToro and FIBO Group
| Broker | eToro | FIBO Group |
|---|---|---|
| Rating | 3.8/5 | 4.1/5 |
| Foundation Year | 2006 | 1998 |
| Regulated in Countries | Seychelles, United Kingdom, Cyprus, Australia, United States | British Virgin Islands |
| Minimum Deposit |
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| Spread | from 1 points | from 0 points |
| Max Leverage | 1:30 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | eToro Review | FIBO Group Review |
eToro Review
eToro stands out from other brokers due to its unique combination of trading services and social features, making it particularly attractive to traders interested in innovative approaches to investing. Narrow spreads and the ability to buy securities in fractions simplify access to different assets, while the social network allows users to share strategies and copy trades of successful traders, which is a big plus for beginners and those looking for new investment ideas. The simple and intuitive interface makes the platform accessible even for those who are just starting their trading journey.
eToro is best suited for beginner traders who are looking to capitalize on the social aspects of trading and do not require complex individual trading account settings. The platform is also ideal for those looking for an active community to share ideas and strategies.
Pros and Cons of eToro
Pros
- A social network for traders.
- Good selection of trading instruments.
- Fractional shares purchasing.
- Narrow spreads.
Cons
- Only one trading account is available.
- eToro has its own trading platform, but there is no alternative to it.
- Poor customer support performance.
- Delays and hidden fees during fund withdrawal.
eToro is in the top 10 of the following ratings:
FIBO Group Review
FIBO Group is suitable for various types of traders, including beginners and experienced ones. The broad selection of accounts and trading platforms allows every trader to find an appropriate solution. Additionally, educational materials and analytics will aid in skill development and making informed trading decisions.
The broker offers competitive trading conditions, various instruments, and robust support. However, fees and the absence of certain assets may limit its potential.
Pros and Cons of FIBO Group
Pros
- A wide selection of trading and investment accounts.
- Low spreads, which facilitates more profitable trading.
- A wide range of payment methods.
- Availability of various trading platforms.
- Comprehensive analytics and educational materials.
Cons
- An inactivity fee.
- Withdrawal fees.
- The absence of stocks and ETFs in the range of instruments.
FIBO Group is in the top 10 of the following ratings:
Reliability
| Broker | eToro | FIBO Group |
|---|---|---|
| Reliability | 5/5 | 3/5 |
| Foundation Year | 2006 | 1998 |
| Regulated in Countries | Seychelles, United Kingdom, Cyprus, Australia, United States | British Virgin Islands |
| Regulators | SFSA SFSA FCA FCA CySEC CySEC ASIC ASIC SEC SEC | BVIFSC BVIFSC |
eToro
eToro - надежный брокер с регулированием в нескольких странах.
Pros
- Регулируется уважаемыми организациями (CySEC, FCA, ASIC, SEC).
- Глобальное присутствие и разнообразие рынков.
- Лицензии на разные виды деятельности (включая криптовалюту в США).
FIBO Group
FIBO Group, regulated by the BVIFSC, offers a certain level of reliability; however, its affiliation with an offshore zone may raise investor concerns.
Account Opening
| Broker | eToro | FIBO Group |
|---|---|---|
| Account Opening | 4/5 | 5/5 |
| Minimum Deposit |
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eToro
Открытие счета в eToro является удобным и простым процессом.
Pros
- Возможность быстрой регистрации через Google.
- Понятная и прозрачная процедура верификации.
Cons
- Высокий минимальный депозит для некоторых стран.
- Верификация может занять до 3 дней.
FIBO Group
The registration and verification process is quick and secure, and the Client Area's functionality provides traders convenience.
Account Types
| Broker | eToro | FIBO Group |
|---|---|---|
| Account Types | 2.8/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 1 points | from 0 points |
| Max Leverage | 1:30 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
eToro
eToro предлагает базовый набор типов счетов, что подойдет для большинства трейдеров, но может не удовлетворить специфические потребности некоторых категорий.
Pros
- Присутствие демо-счета для обучения.
- Исламский счет для соблюдения принципов Шариата.
- Механизм копирования сделок.
Cons
- Нет счетов с фиксированным спредом.
- Отсутствие центовых счетов.
- Не предлагаются ECN или STP счета для прямого доступа к межбанковскому рынку.
FIBO Group
FIBO Group offers a range of options that cater to different types of traders, from novices to professionals.
Commissions
| Broker | eToro | FIBO Group |
|---|---|---|
| Commissions | 3.5/5 | 3/5 |
| Spread | from 1 points | from 0 points |
| Average Spread (EURUSD) | 0.8 | |
| Commission per Lot | $3 |
eToro
Для торговли eToro предлагает выгодные условия, но трейдерам также следует учитывать не торговые комиссии.
Pros
- Узкие спреды.
Cons
- Ежемесячная плата за неактивность.
- Есть комиссия за вывод средств.
- Невыгодные условия по сравнению с другими брокерами и криптобиржами.
FIBO Group
FIBO Group's commissions are average for the market, with attractive spreads and swaps, but there may be additional costs.
Pros
- Lower-than-market spreads.
- Moderate transaction fees.
Cons
- Inactivity fee.
- Potential costs for depositing/withdrawing funds.
Deposit and Withdrawal
| Broker | eToro | FIBO Group |
|---|---|---|
| Rating | 3.5/5 | 4.5/5 |
| Account Funding Methods |
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eToro
eToro предлагает разнообразные способы пополнения и вывода, но включает комиссии за некоторые операции и валютные конвертации.
Pros
- Много платежных систем для пополнения и вывода средств.
- Отсутствие комиссии за пополнение для многих платежных систем.
Cons
- Комиссия за вывод средств составляет 5 USD.
- Дополнительные затраты на конвертацию валют.
FIBO Group
A broad selection of payment methods and prompt payment processing.
Pros
- A large selection of payment systems, including cryptocurrencies.
- No deposit fees through many payment systems.
- Standard processing times for payments.
Cons
- Withdrawal fees through certain payment systems.
- Withdrawal of funds only in the same way as the deposit.
Markets and Products
| Broker | eToro | FIBO Group |
|---|---|---|
| Markets and Products | 4.5/5 | 3.5/5 |
| Forex | 47 | 48 |
| Precious Metals | 7 | 5 |
| Energy Carriers | 2 | 4 |
| Soft Commodities | 4 | 4 |
| Indices | 13 | 8 |
| Stocks | 2500 | - |
| ETF | 250 | - |
| Cryptocurrency | 112 | 13 |
eToro
eToro предлагает доступ к широкому спектру финансовых инструментов, включая акции, ETF, форекс, CFD и криптовалюты, но не обеспечивает полную прозрачность для некоторых операций.
FIBO Group
FIBO Group offers a decent range of financial instruments.
Pros
- A large number of currency pairs.
- Availability of CFDs on cryptocurrencies.
- Access to trading futures on indices.
Cons
- Lack of stocks and ETFs.
- Additional products may be required for professional traders.
Trading Platforms
| Broker | eToro | FIBO Group |
|---|---|---|
| Rating | 3.5/5 | 5/5 |
| Trading Platforms |
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eToro
Платформы eToro обладают удобным интерфейсом и базовыми торговыми функциями, но имеют ограничения в аналитических инструментах.
Pros
- Платформы доступны в веб-версии и как мобильное приложение.
- Интегрированные функции управления счетом и торговли.
- Возможность копирования сделок.
Cons
- Ограниченный набор индикаторов.
- Возможные расхождения котировок.
- Отсутствие дополнительных торговых платформ.
FIBO Group
FIBO Group offers three leading trading platforms, combining flexibility and functionality.
Pros
- Support for popular platforms MT4, MT5, and cTrader.
- The ability to develop custom trading algorithms.
- High-speed order execution on the cTrader platform.
Cons
- Lack of a proprietary unique platform.
Analytics
| Broker | eToro | FIBO Group |
|---|---|---|
| Rating | 4/5 | 5/5 |
eToro
Брокер предлагает удобные инструменты технического анализа и торговые идеи.
Pros
- Интерактивный график.
- Торговые идеи.
Cons
- Низкое качество новостного потока.
- Ограниченные рекомендации аналитиков.
FIBO Group
The analytics section of FIBO Group is substantial and varied.
Pros
- A wide array of analytical tools and information.
- Daily forecasts and market updates.
- The presence of an economic calendar and current currency rates.
Education
| Broker | eToro | FIBO Group |
|---|---|---|
| Rating | 4.8/5 | 5/5 |
eToro
eToro предлагает широкий набор обучающих материалов, но в основном на английском языке.
Pros
- Широкий спектр обучающих материалов.
- Ежедневный обзор рынка.
- Подробное руководство по финтех-индустрии.
Cons
- Большинство материалов доступны только на английском языке.
FIBO Group
Education at the FIBO Group Academy is highly valued due to its wide range of educational materials and experienced instructors.
Pros
- A variety of educational programs for traders of all levels.
- Professional expert instructors with years of Forex market experience.
- Availability of practical courses, webinars, video courses, and analytical streams.
Cons
- Lack of personalized approach in training.
Customer Support
| Broker | eToro | FIBO Group |
|---|---|---|
| Rating | 2/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
LinkedIn
Twitter
YouTube
TelegrameToro
eToro предлагает несколько каналов связи с поддержкой, что является плюсом. Однако отзывы пользователей указывают на отсутствие оперативности и эффективности в работе службы поддержки.
FIBO Group
The technical support of the FIBO Group broker is positively evaluated due to its professional customer service system and the availability of contact channels.
Comparisons of eToro and FIBO Group with other brokers
Conclusion
FIBO Group stands out as the better overall pick, while eToro trails on aggregate criteria.
FIBO Group scored 4.1/5 and ranks 36 in our rating; eToro has 3.8/5 and ranks 52.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: eToro or FIBO Group?
FIBO Group comes out ahead by overall rank (score 4.1/5, position 36) versus eToro (score 3.8/5, position 52).
Which broker is better for beginners: eToro or FIBO Group?
FIBO Group is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — eToro or FIBO Group?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with eToro and FIBO Group?
eToro: eToro. FIBO Group: MetaTrader 4, cTrader, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with eToro and FIBO Group?
eToro: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. FIBO Group: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by eToro and FIBO Group?
eToro: —. FIBO Group: MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission, cTrader NDD, MT5 NDD. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by eToro and FIBO Group?
eToro: PayPal, Neteller, Skrill, Klarna, Rapid Transfer, Sofort, Swift, Visa, Mastercard, Trustly, POLi. FIBO Group: Neteller, Skrill, WebMoney, Swift, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — eToro or FIBO Group — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
