FIBO Group vs ScoreCM 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 ScoreCM?
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 ScoreCM.
FIBO Group scored 4.1/5 and ranks 41 in our all Forex brokers list, whereas ScoreCM has 3.4/5 and ranks 61.
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 ScoreCM suitable for?
ScoreCM is suitable for beginners and active scalpers with a modest deposit looking to trade on MT5 with high leverage, but not seeking a wide range of markets.
Comparison Table of FIBO Group and ScoreCM
| Broker | FIBO Group | ScoreCM |
|---|---|---|
| Rating | 4.1/5 | 3.4/5 |
| Foundation Year | 1998 | 2024 |
| Regulated in Countries | British Virgin Islands | Dominica, Comoros |
| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FIBO Group Review | ScoreCM 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:
ScoreCM Review
ScoreCM is ideal for those looking to quickly start on MT5 with a small deposit and high leverage — suitable for beginners testing strategies and active scalpers. However, its offshore regulation and limited range of instruments make the platform less attractive for investors with substantial capital and those seeking broad diversification. Overall, the broker presents itself as a reliable entry-level 'workhorse' that requires cautious risk management.
Pros and Cons of ScoreCM
Pros
- Low entry threshold — Standard account opens with $10.
- High leverage up to 1:1000 (Forex) on the basic plan.
- Multiple commission-free deposit/withdrawal methods.
- Fast account opening: short form, auto-generated password, same-day verification.
- 24/5 multi-channel support.
Cons
- Offshore regulation and no compensation scheme.
- Short operating history (since 2024) and limited public reputation.
- Limited market offering — approximately 60 CFDs; no CFDs on stocks and soft commodities.
- High spreads/swaps on the Standard account and an annual $25 inactivity fee.
- Only one platform available (MT5).
Reliability
| Broker | FIBO Group | ScoreCM |
|---|---|---|
| Reliability | 3/5 | 3.2/5 |
| Foundation Year | 1998 | 2024 |
| Regulated in Countries | British Virgin Islands | Dominica, Comoros |
| 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.
ScoreCM
ScoreCM is regulated by offshore FSU authorities in Dominica and Mwali, publishes licensing information and claims segregation of client funds, but lacks compensation schemes and has a brief operational history.
Pros
- Two active licenses
- Segregation of client funds
Cons
- Low-tier offshore regulators
- No compensation fund
- Short operating history
Account Opening
| Broker | FIBO Group | ScoreCM |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| 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.
ScoreCM
The ScoreCM registration process is swift: a concise form, an email with a password, and a step-by-step KYC wizard. Account funding is possible within a few hours.
Pros
- 2–3 minutes to complete the form
- Intuitive KYC wizard
- Quick document approval
Cons
- Mandatory submission of 4 documents for KYC
- No social media registration
Account Types
| Broker | FIBO Group | ScoreCM |
|---|---|---|
| Account Types | 5/5 | 3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.1 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.
ScoreCM
Three account types cover basic needs, but there is a lack of variety: no cent, fixed-spread, ECN/STP, or Islamic accounts, and copy trading/PAMM services are absent.
Pros
- Deposit starting at $10
- Raw spreads on Pro/Elite accounts
Cons
- No cent or fixed-spread account
- No Islamic (swap-free) plan
- No copy trading/PAMM
Commissions
| Broker | FIBO Group | ScoreCM |
|---|---|---|
| Commissions | 3/5 | 2.5/5 |
| Spread | from 0 points | from 0.1 points |
| Average Spread (EURUSD) | 0.8 | 1.8 |
| 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.
ScoreCM
ScoreCM fees are moderate: $3.5 per lot on Pro/Elite accounts are competitive, but the Standard account, with a spread of 1.8 points and high swaps, is more expensive; the annual $25 inactivity fee slightly raises overall costs.
Pros
- No deposit/withdrawal fees
Cons
- High spreads and swaps on the Standard account
- $25/year account inactivity fee
- No discounts for high volume trading
Deposit and Withdrawal
| Broker | FIBO Group | ScoreCM |
|---|---|---|
| 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.
ScoreCM
The absence of internal fees combined with a broad range of methods makes deposits and withdrawals convenient.
Pros
- No broker fees
- Minimum deposit of $10
- Instant deposit via e-wallet or cryptocurrency
Cons
- No option to deposit or withdraw via card
Markets and Products
| Broker | FIBO Group | ScoreCM |
|---|---|---|
| Markets and Products | 3.5/5 | 3/5 |
| Forex | 48 | 42 |
| Precious Metals | 5 | 10 |
| Energy Carriers | 4 | 4 |
| Soft Commodities | 4 | - |
| Indices | 8 | 6 |
| Cryptocurrency | 13 | 5 |
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.
ScoreCM
ScoreCM offers roughly 60 CFDs, covering currencies, metals, oil/gas, indices, and a few cryptocurrencies. The absence of stocks and soft commodities renders the range noticeably poorer than that of most competitors.
Pros
- High leverage up to 1:1000
- CFDs available on cryptocurrencies
Cons
- Only about 60 instruments available
- No CFDs on stocks
- No soft commodities
Trading Platforms
| Broker | FIBO Group | ScoreCM |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| 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.
ScoreCM
The MT5 desktop, web, and mobile platforms cover most needs, but the absence of alternatives (MT4/cTrader/TradingView) and social features restrict flexibility.
Pros
- Comprehensive MT5 offering: desktop, web, and mobile applications
- Support for algo trading and the MQL5 marketplace
Cons
- No MT4, cTrader, or TradingView
- No copy trading or social signals
Analytics
| Broker | FIBO Group | ScoreCM |
|---|---|---|
| Rating | 5/5 | 3/5 |
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.
ScoreCM
ScoreCM provides an economic calendar, a suite of calculators, a converter, and Autochartist — offering sufficient basic tools, though lacking proprietary reviews, webinars, and smart signals, resulting in only average analytics.
Pros
- Economic calendar
- Trading calculators
- Autochartist plugin
Cons
- Lacks daily market reviews and trade ideas
- No webinars/video analytics
Education
| Broker | FIBO Group | ScoreCM |
|---|---|---|
| Rating | 5/5 | 3/5 |
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.
ScoreCM
The text-based courses and extensive glossary provide a solid theoretical foundation, however without video content, webinars, and interactive elements, the ScoreCM educational package remains average for the market.
Pros
- Approximately 90 lessons across all levels
- Clear structure
- Extensive industry glossary
Cons
- No video lessons or webinars
- No interactive quizzes
- No live expert support
Customer Support
| Broker | FIBO Group | ScoreCM |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Telegram
YouTube
Twitter
LinkedIn
Instagram
FacebookFIBO 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.
ScoreCM
Multi-channel 24/5 support, approximately 30-minute response times, and withdrawal requests resolved within 2–4 hours — a high level of service from ScoreCM.
Pros
- Live chat, email, phone, WhatsApp, Telegram
- Average response time ≤ 30 minutes
- Quick issue resolution
Cons
- Peak times may see delays in chat responses
Comparisons of FIBO Group and ScoreCM with other brokers
Conclusion
FIBO Group stands out as the better overall pick, while ScoreCM trails on aggregate criteria.
FIBO Group scored 4.1/5 and ranks 41 in our rating; ScoreCM has 3.4/5 and ranks 61.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: FIBO Group or ScoreCM?
FIBO Group comes out ahead by overall rank (score 4.1/5, position 41) versus ScoreCM (score 3.4/5, position 61).
Which broker is better for beginners: FIBO Group or ScoreCM?
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 ScoreCM?
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 ScoreCM?
FIBO Group: MetaTrader 4, cTrader, MetaTrader 5. ScoreCM: MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with FIBO Group and ScoreCM?
FIBO Group: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Cryptocurrency. ScoreCM: Forex, Precious Metals, Energy Carriers, Indices, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FIBO Group and ScoreCM?
FIBO Group: MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission, cTrader NDD, MT5 NDD. ScoreCM: Standard, Pro, Elite. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FIBO Group and ScoreCM?
FIBO Group: Neteller, Skrill, WebMoney, Swift, Visa, Mastercard. ScoreCM: SticPay, Payment Asia, Swift, SEPA. Check method-specific fees/settlement times.
Which broker is safer — FIBO Group or ScoreCM — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
