FIBO Group vs World Forex 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 World Forex?
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 World Forex.
FIBO Group scored 4.1/5 and ranks 36 in our all Forex brokers list, whereas World Forex has 4/5 and ranks 48.
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 World Forex suitable for?
World Forex is suitable for beginners and experienced traders thanks to narrow spreads and a wide selection of trading accounts.
Comparison Table of FIBO Group and World Forex
| Broker | FIBO Group | World Forex |
|---|---|---|
| Rating | 4.1/5 | 4/5 |
| Foundation Year | 1998 | 2007 |
| Regulated in Countries | British Virgin Islands | Saint Vincent and the Grenadines, Vanuatu |
| 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 | World Forex 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:
World Forex Review
World Forex offers traders a variety of trading accounts and competitive conditions with low spreads, making it an attractive choice for clients interested in saving on trading costs. Support for the popular MetaTrader 4 and MetaTrader 5 trading platforms guarantees a high level of convenience and functionality, while a large selection of payment systems and the broker's coverage of deposit fees simplify financial transactions.
WForex is best suited for active traders who prefer short-term trading and can take advantage of low spreads and a wide choice of payment systems. The broker will be less attractive for beginners due to the lack of training resources and for those looking for long-term investment opportunities due to high swaps.
Pros and Cons of World Forex
Pros
- Various trading accounts.
- Low spreads.
- Availability of popular trading platforms.
- A wide range of payment systems and broker-covered commissions on deposits.
Cons
- Limited selection of educational materials.
- There is an absence of soft commodities and indices.
- High swaps.
World Forex is in the top 10 of the following ratings:
Reliability
| Broker | FIBO Group | World Forex |
|---|---|---|
| Reliability | 3/5 | 3.6/5 |
| Foundation Year | 1998 | 2007 |
| Regulated in Countries | British Virgin Islands | Saint Vincent and the Grenadines, Vanuatu |
| Regulators | BVIFSC BVIFSC | SVGFSA SVGFSA VFSC VFSC - |
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.
World Forex
World Forex is a member of the Financial Commission (FinaCom), and the quality of order execution on the broker's platform is analyzed monthly by the VerifyMyTrade service. However, WForex is regulated in offshore jurisdictions.
Pros
- Monthly audit and certification of orders.
- Trader protection through a compensation fund.
Cons
- Regulated in offshore jurisdictions.
Account Opening
| Broker | FIBO Group | World Forex |
|---|---|---|
| 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.
World Forex
Considering that a minimal amount of information is required for registration and the verification process is standard, it can be said that the account opening process at WorldForex is quite simple and convenient.
Account Types
| Broker | FIBO Group | World Forex |
|---|---|---|
| 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.
World Forex
WorldForex offers a variety of account types, meeting the needs of different traders, making it a versatile choice.
Pros
- Wide selection of account types, including specialized accounts.
- Availability of a demo account and copy trading services.
Commissions
| Broker | FIBO Group | World Forex |
|---|---|---|
| Commissions | 3/5 | 3.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 0.8 | |
| 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.
World Forex
Low spreads make trading accessible, but relatively high swaps and standard margin rates can increase the overall cost of trading, especially for traders using long-term trading strategies.
Deposit and Withdrawal
| Broker | FIBO Group | World Forex |
|---|---|---|
| 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.
World Forex
WorldForex provides convenient and fairly quick methods for depositing and withdrawing funds, but high commissions for withdrawals by payment systems can sometimes be an issue for clients.
Markets and Products
| Broker | FIBO Group | World Forex |
|---|---|---|
| Markets and Products | 3.5/5 | 3/5 |
| Forex | 48 | 55 |
| Precious Metals | 5 | 4 |
| Energy Carriers | 4 | 2 |
| Soft Commodities | 4 | - |
| Indices | 8 | - |
| Cryptocurrency | 13 | 17 |
| Stocks | - | 46 |
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.
World Forex
The World Forex product range is limited but covers the main asset categories.
Pros
- A large number of currency pairs.
- Spot metals and oil.
- Availability of CFDs on cryptocurrencies.
Cons
- No soft commodities and indices.
- Relatively small number of CFDs on stocks.
- Lack of opportunities for extended portfolio diversification.
Trading Platforms
| Broker | FIBO Group | World Forex |
|---|---|---|
| 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.
World Forex
World Forex trading platforms offer a wide range of functionalities and ease of use, although the broker lacks an alternative to MetaTrader for mobile and desktop devices.
Analytics
| Broker | FIBO Group | World Forex |
|---|---|---|
| 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.
World Forex
World Forex offers a decent set of tools for market analysis. However, the analytics section could be more diverse and include additional analytical tools or signals to better support traders.
Education
| Broker | FIBO Group | World Forex |
|---|---|---|
| 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.
World Forex
The education section of the World Forex broker provides basic information for beginners, but is limited in scope and learning formats. Expanding and diversifying educational materials could improve its usefulness and appeal to traders.
Customer Support
| Broker | FIBO Group | World Forex |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Telegram
YouTube
VK
Twitter
OK
TradingViewFIBO 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.
World Forex
The technical support section of World Forex offers a variety of communication channels, ensuring accessibility and convenience for clients.
Comparisons of FIBO Group and World Forex with other brokers
Conclusion
FIBO Group stands out as the better overall pick, while World Forex trails on aggregate criteria.
FIBO Group scored 4.1/5 and ranks 36 in our rating; World Forex has 4/5 and ranks 48.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: FIBO Group or World Forex?
FIBO Group comes out ahead by overall rank (score 4.1/5, position 36) versus World Forex (score 4/5, position 48).
Which broker is better for beginners: FIBO Group or World Forex?
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 World Forex?
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 World Forex?
FIBO Group: MetaTrader 4, cTrader, MetaTrader 5. World Forex: MetaTrader 5, MetaTrader 4, WebTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with FIBO Group and World Forex?
FIBO Group: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Cryptocurrency. World Forex: Forex, Precious Metals, Energy Carriers, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FIBO Group and World Forex?
FIBO Group: MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission, cTrader NDD, MT5 NDD. World Forex: W-CENT-fix, W-PROFI-fix, W-CENT, W-PROFI, W-CRYPTO. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FIBO Group and World Forex?
FIBO Group: Neteller, Skrill, WebMoney, Swift, Visa, Mastercard. World Forex: Payeer, Perfect Money, Volet, Moneta.ru, Apple Pay, Google Pay, Wallet One, Swift, Visa, Mastercard, Сбербанк Онлайн, Тинькофф Банк, Альфа Банк, Промсвязьбанк, Русский Стандарт, Homebank.kz, Privat24. Check method-specific fees/settlement times.
Which broker is safer — FIBO Group or World Forex — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
