FIBO Group vs IFC Markets Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of FIBO Group and IFC Markets
| Broker | FIBO Group | IFC Markets |
|---|---|---|
| Rating | 4.1/5 | 4.3/5 |
| Foundation Year | 1998 | 2005 |
| Regulated in Countries | British Virgin Islands | British Virgin Islands, Malaysia |
| Minimum Deposit |
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| Spread | from 0 points | from 0.4 points |
| Max Leverage | 1:1000 | 1:400 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FIBO Group Review | IFC Markets Review |
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.
IFC Markets is suitable for traders looking for various trading instruments and platforms but may not be ideal for those who require an ECN account.
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:
IFC Markets Review
IFC Markets is a reliable and licensed broker, offering a broad spectrum of trading instruments and platforms for investors of various experience levels. With multilingual support and extensive educational resources, the company aims to provide its clients with a comfortable and efficient trading environment.
IFC Markets could be a suitable choice for investors seeking a variety of trading instruments and platforms.
Pros and Cons of IFC Markets
Pros
- A wide range of trading assets.
- Variety of trading platforms.
- Educational materials for traders of all experience levels.
- Tools for creating synthetic tools are available.
Cons
- High swaps.
IFC Markets is in the top 10 of the following ratings:
Reliability
| Broker | FIBO Group | IFC Markets |
|---|---|---|
| Reliability | 3/5 | 4.2/5 |
| Foundation Year | 1998 | 2005 |
| Regulated in Countries | British Virgin Islands | British Virgin Islands, Malaysia |
| Regulators | BVIFSC BVIFSC | BVIFSC BVIFSC LFSA LFSA |
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.
IFC Markets
The broker demonstrates high reliability, confirmed by multi-jurisdictional regulation and professional indemnity insurance.
Pros
- Multi-jurisdictional regulation.
- Insurance against professional liability.
Cons
- Lack of regulation in countries with stricter requirements.
Account Opening
| Broker | FIBO Group | IFC Markets |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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FIBO Group
The registration and verification process is quick and secure, and the Client Area's functionality provides traders convenience.
IFC Markets
Opening an account with IFC Markets is relatively simple and convenient.
Account Types
| Broker | FIBO Group | IFC Markets |
|---|---|---|
| Account Types | 5/5 | 4.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.4 points |
| Max Leverage | 1:1000 | 1:400 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
FIBO Group
FIBO Group offers a range of options that cater to different types of traders, from novices to professionals.
IFC Markets
IFC Markets offers a good selection of accounts that meet the requirements of various categories of traders, though there are some limitations.
Pros
- A wide selection of trading accounts.
- Swap-free accounts for Islamic traders.
- PAMM accounts available.
Cons
- Absence of STP and ECN accounts.
Commissions
| Broker | FIBO Group | IFC Markets |
|---|---|---|
| Commissions | 3/5 | 3/5 |
| Spread | from 0 points | from 0.4 points |
| Average Spread (EURUSD) | 0.8 | 1.4 |
| Commission per Lot | $3 |
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.
IFC Markets
IFC Markets offers competitive spreads, but high swaps can make long-term trading difficult.
Deposit and Withdrawal
| Broker | FIBO Group | IFC Markets |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Account Funding Methods |
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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.
IFC Markets
IFC Markets provides numerous methods for depositing and withdrawing funds without additional commissions, ensuring convenience and savings for traders.
Pros
- Wide choice of deposit and withdrawal methods.
- No broker commissions on financial transactions.
Cons
- Withdrawals can only be made through the same method as deposits.
- Withdrawal requests may take up to 2 business days to process.
Markets and Products
| Broker | FIBO Group | IFC Markets |
|---|---|---|
| Markets and Products | 3.5/5 | 5/5 |
| Forex | 48 | 53 |
| Precious Metals | 5 | 7 |
| Energy Carriers | 4 | 4 |
| Soft Commodities | 4 | 16 |
| Indices | 8 | 12 |
| Cryptocurrency | 13 | 14 |
| Stocks | - | 461 |
| ETF | - | 4 |
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.
IFC Markets
IFC Markets offers extensive financial instruments, providing flexibility for traders' diverse strategies.
Trading Platforms
| Broker | FIBO Group | IFC Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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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.
IFC Markets
The IFCM platforms include MT4, MT5, and the proprietary NetTradeX terminal, offering a broad selection with advanced features.
Analytics
| Broker | FIBO Group | IFC Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
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.
IFC Markets
IFCM provides a comprehensive analytical toolkit but lacks automated updates for economic news and some tools for self-analysis.
Education
| Broker | FIBO Group | IFC Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
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.
IFC Markets
The wealth and quality of educational resources presented by IFCM set the broker apart from competitors.
Customer Support
| Broker | FIBO Group | IFC Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Telegram
YouTube
Skype
Whatsapp
Messenger
Facebook
Instagram
Twitter
LinkedInFIBO 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.
IFC Markets
Customers highly rate the technical support of IFC Markets for its rapid and professional service, though it is unavailable 24/7.
