FIBO Group vs LBX Comparison
Compare trading conditions, commissions and platforms of Forex brokers FIBO Group and LBX. Find out which broker is best for you.
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 - FIBO Group or LBX?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
FIBO Group
- Minimum deposit · USD
- 1 USD
- Different platforms
- cTrader
LBX
- Minimum deposit · USD
- 20 USD
- Different platforms
- None listed
Comparison Table of FIBO Group and LBX
Swipe the table left or right to view all data.
| Broker | FIBO Group | LBX |
|---|---|---|
| Foundation Year | 1998 | 2024 |
| Regulated in Countries | British Virgin Islands | Mauritius |
| Minimum Deposit |
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| Spread | from 0 points | from 0.2 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FIBO Group Review | LBX Review |
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:
LBX Review
LBX is a CFD broker with a clear focus on Forex and cryptocurrencies, offering a standard but practical set of trading solutions. The broker is primarily suitable for experienced and active traders who value high leverage, support for MetaTrader 4 and 5, fast payment operations, and a simple account structure. LBX may also be of interest to traders using algorithmic strategies and those who do not need educational materials and advanced analytics.
Pros and Cons of LBX
Pros
- Good selection of instruments for Forex and crypto trading, with a strong focus on currency pairs and cryptocurrencies.
- Clear account lineup (Standard and Raw Spread), support for MT4 and MT5, algorithmic trading.
- Fast deposits and withdrawals, a wide choice of payment methods, often with no broker-side fees.
- Leverage up to 1:1000 and negative balance protection.
- 24/7 technical support with multiple contact channels and generally positive reviews.
Cons
- Offshore regulation (FSC Mauritius), with no Tier-1 regulator licenses.
- No stocks or investment products; the market selection is narrower than with universal brokers.
- Almost no educational materials—only an FAQ.
Reliability
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| Broker | FIBO Group | LBX |
|---|---|---|
| Reliability | 3/5 | 3.5/5 |
| Foundation Year | 1998 | 2024 |
| Regulated in Countries | British Virgin Islands | Mauritius |
| Regulators |
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.
LBX
LBX is a CFD broker operating through MAEX Limited under the supervision of the FSC Mauritius. The broker is regulated, although not by a Tier-1 authority; the level of client protection can be considered basic.
Pros
- Active FSC Mauritius license
- Negative balance protection
Cons
- Offshore jurisdiction (not Tier-1)
- Short track record of the LBX brand
Account Opening
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| Broker | FIBO Group | LBX |
|---|---|---|
| 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.
LBX
The account opening process at LBX is clear and fairly quick: registration takes a few minutes, and a demo account is available right away. The questionnaire and verification are standard, but relatively detailed.
Pros
- Fast online registration
- A demo account is available immediately
- Modern and user-friendly interface
Account Types
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| Broker | FIBO Group | LBX |
|---|---|---|
| Account Types | 5/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.2 points |
| Max Leverage | 1:1000 | 1:1000 |
| 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.
LBX
LBX’s account lineup is basic but practical: there are options for beginners and active traders, a demo account, and copy trading. It’s enough for most needs, but without advanced formats.
Pros
- Standard and Raw Spread for different trading styles
- Demo account without verification
- Copy trading support
Cons
- Small selection of account types
- No investment or special accounts
Commissions
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| Broker | FIBO Group | LBX |
|---|---|---|
| Commissions | 3/5 | 4/5 |
| Spread | from 0 points | from 0.2 points |
| Average Spread (EURUSD) | 0.8 | 1.6 |
| Commission | per 1 lot$3.00 | per 1 lot$3.00 |
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.
LBX
LBX’s fees are around the market average. There are no significant pricing advantages.
Pros
- Average market spreads and swaps
- No in-house deposit/withdrawal fees
Cons
- Inactivity fee after 90 days
Deposit and Withdrawal
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| Broker | FIBO Group | LBX |
|---|---|---|
| Rating | 4.5/5 | 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.
LBX
LBX offers a convenient and fast payment infrastructure: a wide range of methods, frequent instant transactions, and transparent fees.
Pros
- Wide choice of payment methods
- Often instant deposits and withdrawals
- In most cases, 0% fees
Cons
- Fees for certain local methods
Markets and Products
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| Broker | FIBO Group | LBX |
|---|---|---|
| Markets and Products | 3.5/5 | 4/5 |
| Forex | 48 | 64 |
| Precious Metals | 5 | 5 |
| Energy Carriers | 4 | 3 |
| Soft Commodities | 4 | 9 |
| Indices | 8 | 15 |
| Cryptocurrency | 13 | 44 |
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.
LBX
LBX specializes in CFDs with a primary focus on Forex and cryptocurrencies. Indices, metals, energies, and soft commodities are also available, although the range of markets is narrower than at more diversified brokers.
Pros
- Strong selection of currency pairs
- Wide range of cryptocurrencies
- Includes indices, metals, and soft commodities
Cons
- No stocks
- Limited number of markets
Trading Platforms
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| Broker | FIBO Group | LBX |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| 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.
LBX
LBX offers MT4 and MT5—reliable and functional platforms suitable for most strategies, including algo trading. The choice is sufficient, but without alternative solutions.
Pros
- Support for MetaTrader 4 and 5
- Desktop, web, and mobile versions
Cons
- No proprietary platform
- No alternatives (cTrader, TradingView)
Analytics
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| Broker | FIBO Group | LBX |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
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.
LBX
LBX’s analytics are basic: there are key calendars to track events and trading hours, but without in-depth expertise or signals. Suitable for general orientation, not for deep analysis.
Pros
- Economic calendar
- Market holidays calendar
Cons
- No expert analysis
- No trading signals
- Limited toolset
Education
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| Broker | FIBO Group | LBX |
|---|---|---|
| Rating | 5/5 | 2/5 |
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.
LBX
Educational materials at LBX are virtually absent: there is only an FAQ section with reference information. For beginners and skill development, this is not enough.
Pros
- Answers to basic questions
Cons
- No courses or lessons
- No videos or webinars
- No educational analysis
Customer Support
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| Broker | FIBO Group | LBX |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support | ||
| Hotline Phones | ||
| Social Media |
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.
LBX
LBX customer support works steadily and efficiently: various contact channels are available, 24/7 support, and quick responses. According to user reviews, issues are resolved properly and without delays.
Pros
- Online chat, email, and phone
- 24/7 support
- Positive customer reviews
Comparisons of FIBO Group and LBX with other brokers
Conclusion
When choosing between FIBO Group and LBX, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: FIBO Group or LBX?
FIBO Group ranks higher than LBX in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: FIBO Group or LBX?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — FIBO Group or LBX?
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 FIBO Group and LBX?
FIBO Group: MetaTrader 4, cTrader, MetaTrader 5. LBX: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with FIBO Group and LBX?
FIBO Group: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Cryptocurrency. LBX: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FIBO Group and LBX?
FIBO Group: MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission, cTrader NDD, MT5 NDD. LBX: Standard, Raw Spread. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FIBO Group and LBX?
FIBO Group: Neteller, Skrill, WebMoney, Swift, Visa, Mastercard. LBX: Skrill, Neteller, Visa, Mastercard, Online banking. Check method-specific fees/settlement times.
Which broker is safer — FIBO Group or LBX — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
