FIBO Group vs NordFX 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 - FIBO Group or NordFX?
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 NordFX.
FIBO Group scored 4.1/5 and ranks 36 in our all Forex brokers list, whereas NordFX has 3.5/5 and ranks 58.
This is not financial advice. See the full comparison below.
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.
Who is NordFX suitable for?
NordFX suits traders who prefer MetaTrader 4 and value various analytical tools. It is perfect for those who prioritize individual support and tight spreads.
Comparison Table of FIBO Group and NordFX
| Broker | FIBO Group | NordFX |
|---|---|---|
| Rating | 4.1/5 | 3.5/5 |
| Foundation Year | 1998 | 2008 |
| Regulated in Countries | British Virgin Islands | — |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FIBO Group Review | NordFX 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:
NordFX Review
NordFX is a broker with various trading accounts and conditions, making it attractive for different categories of traders — from beginners to professionals. Tight spreads and analytical tools are backed by good technical support, which is a significant plus.
NordFX is suitable for traders who prefer to use MetaTrader 4 and who do not require a wide range of CFDs or alternative trading platforms. This broker is perfect for those seeking diverse market analysis options and personalized support.
Pros and Cons of NordFX
Pros
- Diversity of trading accounts and services.
- Tight spreads.
- Wide range of deposit and withdrawal methods.
- Extensive set of analytical tools.
- Good customer support.
Cons
- Lack of regulation.
- High commission on Zero account.
- Long withdrawal request processing time.
- Lack of soft commodities and limited overall number of CFDs.
- There are no alternatives to MT4.
NordFX is in the top 10 of the following ratings:
Reliability
| Broker | FIBO Group | NordFX |
|---|---|---|
| Reliability | 3/5 | 2/5 |
| Foundation Year | 1998 | 2008 |
| Regulated in Countries | British Virgin Islands | — |
| Regulators | BVIFSC BVIFSC | - |
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.
NordFX
NordFX holds legal registration, but the lack of regulation diminishes its reliability, which is crucial for protecting client interests.
Account Opening
| Broker | FIBO Group | NordFX |
|---|---|---|
| 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.
NordFX
Registration is simple and intuitive, with minimal requirements to start trading. Verification, while mandatory, complies with international standards.
Account Types
| Broker | FIBO Group | NordFX |
|---|---|---|
| Account Types | 5/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 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.
NordFX
NordFX offers a wide range of account types and services.
Pros
- Flexible options for different traders.
- PAMM accounts and copy trading available.
- VPS available.
Cons
- Lack of cent accounts.
Commissions
| Broker | FIBO Group | NordFX |
|---|---|---|
| Commissions | 3/5 | 2.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 0.8 | 1.2 |
| Commission per Lot | $3 | $3.5 |
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.
NordFX
NordFX's commission policy is quite flexible and offers various options for different types of traders.
Pros
- Flexible commission system suitable for different strategies.
- Tight spreads on the Pro account.
Cons
- Above-average transaction commission on the Zero account.
- Inactivity fee.
- High swaps.
Deposit and Withdrawal
| Broker | FIBO Group | NordFX |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| 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.
NordFX
NordFX offers a wide range of methods for depositing and withdrawing funds, including cryptocurrencies. Most transactions are processed quickly, but withdrawal times can take up to 5 business days.
Pros
- Numerous available deposit methods.
- Competitive commissions.
- Instant account funding.
Cons
- Withdrawal time up to 5 business days.
- Withdrawal only by the same method as deposit.
- Verification required for fund withdrawal.
Markets and Products
| Broker | FIBO Group | NordFX |
|---|---|---|
| Markets and Products | 3.5/5 | 4/5 |
| Forex | 48 | 33 |
| Precious Metals | 5 | 2 |
| Energy Carriers | 4 | 3 |
| Soft Commodities | 4 | - |
| Indices | 8 | 4 |
| Cryptocurrency | 13 | 15 |
| Stocks | - | 68 |
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.
NordFX
NordFX offers a variety of markets, including currencies, metals, and cryptocurrencies. However, the selection is limited compared to competitors, especially in terms of CFDs and the lack of soft commodities.
Pros
- Diversity of asset classes.
- Access to 15 cryptocurrencies.
Cons
- Lack of soft commodities.
- Limited number of CFDs.
Trading Platforms
| Broker | FIBO Group | NordFX |
|---|---|---|
| Rating | 5/5 | 3/5 |
| 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.
NordFX
NordFX provides the MetaTrader 4 platform, which is reliable and feature-rich. The platform is available on various devices, including MultiTerminal for managing multiple accounts.
Pros
- Reliable and proven MT4 platform.
- Desktop and mobile versions available.
- MultiTerminal for managing multiple accounts.
Cons
- Lack of a web-based platform.
- Limited choice of trading platforms.
Analytics
| Broker | FIBO Group | NordFX |
|---|---|---|
| Rating | 5/5 | 4/5 |
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.
NordFX
NordFX boasts strong analytics. A variety of tools are offered: weekly forecasts, economic calendar, trader's calculator.
Pros
- Weekly forecasts for Forex and cryptocurrencies.
- Economic calendar.
- Convenient calculator for estimating potential profits.
Cons
- Lack of trading signals.
- Insufficient analytics from company experts.
- Limited selection of analytical materials.
Education
| Broker | FIBO Group | NordFX |
|---|---|---|
| Rating | 5/5 | 4/5 |
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.
NordFX
The broker offers a variety of video and audio courses, as well as useful articles in the blog, which is a plus for self-directed trader education.
Pros
- Variety of formats: video, audio, articles.
- Materials for different skill levels.
- Regular blog publications.
Cons
- Lack of webinars.
- No seminars or master classes.
- No personalized training.
Customer Support
| Broker | FIBO Group | NordFX |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Telegram
YouTube
Twitter
LinkedIn
PinterestFIBO 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.
NordFX
NordFX technical support deserves high praise for the variety of communication channels and the effectiveness of the solutions provided. Client reviews highlight the high level of service.
Pros
- 24/7 availability.
- Multiple communication channels: live chat, email, phone.
- High level of staff professionalism.
Comparisons of FIBO Group and NordFX with other brokers
Conclusion
FIBO Group stands out as the better overall pick, while NordFX trails on aggregate criteria.
FIBO Group scored 4.1/5 and ranks 36 in our rating; NordFX has 3.5/5 and ranks 58.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: FIBO Group or NordFX?
FIBO Group comes out ahead by overall rank (score 4.1/5, position 36) versus NordFX (score 3.5/5, position 58).
Which broker is better for beginners: FIBO Group or NordFX?
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) — FIBO Group or NordFX?
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 NordFX?
FIBO Group: MetaTrader 4, cTrader, MetaTrader 5. NordFX: MetaTrader 4. See the “Platforms” section for details and selection tips.
What markets can you trade with FIBO Group and NordFX?
FIBO Group: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Cryptocurrency. NordFX: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FIBO Group and NordFX?
FIBO Group: MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission, cTrader NDD, MT5 NDD. NordFX: Fix, Pro, Zero. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FIBO Group and NordFX?
FIBO Group: Neteller, Skrill, WebMoney, Swift, Visa, Mastercard. NordFX: WebMoney, Skrill, Neteller, Perfect Money, Dragonpay, AstroPay, TC Pay, FasaPay, Boleto, DOKU Wallet, Binance Pay, Swift, Visa, Mastercard, Ngan Luong, Help2pay, PayTrust88. Check method-specific fees/settlement times.
Which broker is safer — FIBO Group or NordFX — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
