Broker comparison

FIBO Group vs Orbex Comparison

Compare trading conditions, commissions and platforms of Forex brokers FIBO Group and Orbex. Find out which broker is best for you.

VS summaryScores and ranking at a glance
FIBO GroupHigher ranked
Rating
4.1/5
Rank
#36
Register

Trading CFDs carries high risks. You may lose all invested funds

Orbex
Rating
3.6/5
Rank
#66
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated
Author · Editor

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 Orbex?

Quick comparison

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.

Methodology

Ratings and ranks

FIBO Group ranks higher in the editorial ranking.
FIBO Group
Rating: 4.1/5Rank: #36
Orbex
Rating: 3.6/5Rank: #66

FIBO Group

Minimum deposit · USD
1 USD
Different platforms
  • cTrader
Different markets
None listed

Orbex

Minimum deposit · USD
100 USD
Different platforms
None listed
Different markets
  • Stocks

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of FIBO Group and Orbex

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Overview: comparison of FIBO Group, Orbex
BrokerFIBO GroupOrbex
Foundation Year
1998
2010
Regulated in Countries
British Virgin Islands
Mauritius, Seychelles, Saint Vincent and the Grenadines
Minimum Deposit
  • 1 USD
  • 100 USD
Spread
from 0 points
from 0 points
Max Leverage
1:1000
1:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • cTrader
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
Review

FIBO Group Review

FIBO Group Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Cryptocurrency
Trading Platforms
MetaTrader 4cTraderMetaTrader 5

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

  1. A wide selection of trading and investment accounts.
  2. Low spreads, which facilitates more profitable trading.
  3. A wide range of payment methods.
  4. Availability of various trading platforms.
  5. Comprehensive analytics and educational materials.

Cons

  1. An inactivity fee.
  2. Withdrawal fees.
  3. The absence of stocks and ETFs in the range of instruments.

FIBO Group is in the top 10 of the following ratings:

Orbex Review

Orbex Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5

Broker Orbex offers various trading instruments, account types, and extensive analytical and educational materials. These factors make it an attractive choice for novice traders seeking educational resources and experienced investors who require access to various markets.

Orbex can be a good choice for those looking for diversity in trading opportunities and value educational resources.

Pros and Cons of Orbex

Pros

  1. Extensive educational materials.
  2. Analytical reviews and forecasts from experienced analysts.
  3. Availability of PAMM accounts.
  4. A wide range of trading assets.

Cons

  1. Lack of stringent regulation.
  2. Above-average commissions.
  3. Mixed reviews about customer support.

Reliability

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Reliability: comparison of FIBO Group, Orbex
BrokerFIBO GroupOrbex
Reliability
3/5
3/5
Foundation Year
1998
2010
Regulated in Countries
British Virgin Islands
Mauritius, Seychelles, Saint Vincent and the Grenadines
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.

Orbex

Orbex is regulated by the FSA and FSC, but the absence of oversight by strict regulators may raise trust issues.

Pros

  1. Presence in the international market.

Cons

  1. Lack of oversight by strict Forex broker regulators.

Account Opening

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Account Opening: comparison of FIBO Group, Orbex
BrokerFIBO GroupOrbex
Account Opening
5/5
4.5/5
Minimum Deposit
  • 1 USD
  • 100 USD

FIBO Group

The registration and verification process is quick and secure, and the Client Area's functionality provides traders convenience.

Orbex

Opening an account with Orbex is simple and structured, but requires attention to detail.

Pros

  1. Easy online registration process.
  2. Fast verification if documents are in English.

Cons

  1. Requirement for detailed profile completion.
  2. Necessity to upload several documents.

Account Types

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Account Types: comparison of FIBO Group, Orbex
BrokerFIBO GroupOrbex
Account Types
5/5
3.8/5
Trading Accounts
  • MT4 Cent
  • MT4 Fixed
  • MT4 NDD
  • MT4 NDD No Commission
  • cTrader NDD
  • MT5 NDD
  • Starter
  • Premium
  • Ultimate
Minimum Deposit
  • 1 USD
  • 100 USD
Spread
from 0 points
from 0 points
Max Leverage
1:1000
1:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • cTrader
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
Demo Account
Yes
Yes
Swap-free Account
Yes
Yes

FIBO Group

FIBO Group offers a range of options that cater to different types of traders, from novices to professionals.

Orbex

Orbex offers a variety of accounts that satisfy most traders.

Pros

  1. Wide selection of accounts for different levels of experience.
  2. Additional options such as VPS and PAMM accounts.
  3. Opportunity to trade without swaps.

Cons

  1. Absence of cent accounts.
  2. No accounts with fixed spreads.

Commissions

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Commissions: comparison of FIBO Group, Orbex
BrokerFIBO GroupOrbex
Commissions
3/5
1.5/5
Spread
from 0 points
from 0 points
Average Spread (EURUSD)
0.8
1.5
Commission
per 1 lot$3.00
per 1 lot$4.00

FIBO Group

FIBO Group's commissions are average for the market, with attractive spreads and swaps, but there may be additional costs.

Pros

  1. Lower-than-market spreads.
  2. Moderate transaction fees.

Cons

  1. Inactivity fee.
  2. Potential costs for depositing/withdrawing funds.

Orbex

Orbex's commissions are higher than the market average.

Pros

  1. No commissions for depositing or withdrawing funds.

Cons

  1. High transaction commission on Premium accounts.
  2. Above-average swap costs.
  3. Inactivity fee.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of FIBO Group, Orbex
BrokerFIBO GroupOrbex
Rating
4.5/5
5/5
Account Funding Methods
  • Neteller
  • Skrill
  • WebMoney
  • Swift
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • FasaPay
  • Bank Transfer
  • Visa
  • Mastercard
  • Przelewy24

FIBO Group

A broad selection of payment methods and prompt payment processing.

Pros

  1. A large selection of payment systems, including cryptocurrencies.
  2. No deposit fees through many payment systems.
  3. Standard processing times for payments.

Cons

  1. Withdrawal fees through certain payment systems.
  2. Withdrawal of funds only in the same way as the deposit.

Orbex

Orbex offers convenient and fast methods for depositing and withdrawing without commissions.

Pros

  1. Wide selection of methods.
  2. No commissions.
  3. Fast processing of most operations.

Markets and Products

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Markets and Products: comparison of FIBO Group, Orbex
BrokerFIBO GroupOrbex
Markets and Products
3.5/5
5/5
Forex
48
36
Precious Metals
5
4
Energy Carriers
4
1
Soft Commodities
4
3
Indices
8
5
Cryptocurrency
13
11
Stocks
-
146

FIBO Group

FIBO Group offers a decent range of financial instruments.

Pros

  1. A large number of currency pairs.
  2. Availability of CFDs on cryptocurrencies.
  3. Access to trading futures on indices.

Cons

  1. Lack of stocks and ETFs.
  2. Additional products may be required for professional traders.

Orbex

Orbex offers a variety of markets and products with flexible leverage.

Trading Platforms

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Trading Platforms: comparison of FIBO Group, Orbex
BrokerFIBO GroupOrbex
Rating
5/5
4/5
Trading Platforms
  • MetaTrader 4
  • cTrader
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5

FIBO Group

FIBO Group offers three leading trading platforms, combining flexibility and functionality.

Pros

  1. Support for popular platforms MT4, MT5, and cTrader.
  2. The ability to develop custom trading algorithms.
  3. High-speed order execution on the cTrader platform.

Cons

  1. Lack of a proprietary unique platform.

Orbex

Orbex offers MT4 and MT5, providing good functionality and accessibility.

Pros

  1. Availability of MT4 and MT5.
  2. Accessibility on different devices.
  3. Wide range of functionalities.

Cons

  1. Lack of WebTrader versions.
  2. No alternative to MetaTrader.

Analytics

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Analytics: comparison of FIBO Group, Orbex
BrokerFIBO GroupOrbex
Rating
5/5
5/5

FIBO Group

The analytics section of FIBO Group is substantial and varied.

Pros

  1. A wide array of analytical tools and information.
  2. Daily forecasts and market updates.
  3. The presence of an economic calendar and current currency rates.

Orbex

Orbex offers high-quality analytics with extensive tools and expert reports.

Pros

  1. Comprehensive market analysis.
  2. Use of AI and algorithms.
  3. Live streams and expert reports.

Education

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Education: comparison of FIBO Group, Orbex
BrokerFIBO GroupOrbex
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

  1. A variety of educational programs for traders of all levels.
  2. Professional expert instructors with years of Forex market experience.
  3. Availability of practical courses, webinars, video courses, and analytical streams.

Cons

  1. Lack of personalized approach in training.

Orbex

Orbex offers a variety of educational materials, including webinars and books.

Pros

  1. Webinars and seminars in different languages.
  2. Free e-books.
  3. Video tutorials on working with MT4.

Cons

  1. No personalized training.

Customer Support

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Customer Support: comparison of FIBO Group, Orbex
BrokerFIBO GroupOrbex
Rating
5/5
3/5
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.

Orbex

Orbex's customer support has mixed reviews.

Pros

  1. 24/7 operation.
  2. A variety of communication channels.
  3. Quick response in some cases.

Cons

  1. Variable quality of service.

Comparisons of FIBO Group and Orbex with other brokers

Conclusion

When choosing between FIBO Group and Orbex, 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 Orbex?

FIBO Group ranks higher than Orbex 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 Orbex?

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 Orbex?

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 Orbex?

FIBO Group: MetaTrader 4, cTrader, MetaTrader 5. Orbex: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.

What markets can you trade with FIBO Group and Orbex?

FIBO Group: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Cryptocurrency. Orbex: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by FIBO Group and Orbex?

FIBO Group: MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission, cTrader NDD, MT5 NDD. Orbex: Starter, Premium, Ultimate. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by FIBO Group and Orbex?

FIBO Group: Neteller, Skrill, WebMoney, Swift, Visa, Mastercard. Orbex: Skrill, Neteller, FasaPay, Bank Transfer, Visa, Mastercard, Przelewy24. Check method-specific fees/settlement times.

Which broker is safer — FIBO Group or Orbex — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.