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Head to head

Errante vs FIBO Group

Errante is licensed by CySEC in the European Union, and also has an offshore registration. FIBO Group holds only an offshore registration (British Virgin Islands). The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $50 at Errante and $0 at FIBO Group. Only Errante offers negative balance protection and segregated client money.

Facts last checked: Errante on 20 October 2026, FIBO Group on 20 October 2026.

Errante profileFIBO Group profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
ErranteStrictly regulatedRead the profile
FIBO GroupOffshore registration onlyRead the profile
Comparing
ErranteEuropean Union
FIBO GroupBritish Virgin Islands

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Mahé, Seychelles (EU company in Cyprus)
Road Town, Tortola, British Virgin Islands
Official websites
  • errante.com
  • errante.eu
  • fibogroup.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Notely Trading Ltd
FIBO Group, Ltd.
Regulator
CySEC
European Union
FSC BVI
British Virgin Islands
Regulation level
Strictly regulated
Offshore registration only
Licence number
383/20
Check the register
Investment Business Licence SIBA/L/13/1063
Check the register
Clients this company serves
Residents of EU and EEA countries, through errante.eu
All clients of fibogroup.com (not available to residents of the UK, US or North Korea)
All licences held
  • CySEC (European Union)
  • FSA Seychelles (International)
  • FSC BVI (British Virgin Islands)
Segregated client money
Yes
No
Negative balance protection
Yes
No
Compensation scheme
Investor Compensation Fund (Cyprus) for eligible clients of Notely Trading Ltd; none for clients of the Seychelles company
None

Costs

Your monthly cost
No accounts listed
No accounts listed
Cost per lot (EUR/USD)
No accounts listed
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Spread from
No accounts listed
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Typical EUR/USD spread
No accounts listed
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Commission per lot (round turn)
No accounts listed
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Yes
Yes

Leverage and margin

Maximum retail leverage
Up to 1:1000 (Seychelles company); 1:30 on major pairs for EU retail clients
Up to 1:400 on standard accounts; up to 1:3000 and 1:5000 on cent accounts
Retail leverage by asset class
Not yet checked
Not yet checked
Margin call level
100%
Not yet checked
Stop-out level
20%
20% (MT4 Cent, MT4 Fixed, cTrader NDD, cTrader Zero Spread); 50% (MT4 NDD, MT4 NDD No Commission, MT5 NDD, MT5 Cent)

Account

Minimum deposit (this account)
No accounts listed
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Base currencies
No accounts listed
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Execution
No accounts listed
No accounts listed

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • Errante client portal app
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • MT4 WebTerminal
Markets
50+ currency pairs, metals, energies and commodities, indices, shares and cryptocurrency CFDs
Up to 43 currency pairs, metals, CFDs, 13 cryptocurrencies and 50 US shares, depending on the account
Demo account
Yes
Yes
Copy trading
Yes
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Bank wire (SWIFT and SEPA)
  • Debit and credit card
  • E-wallets
  • Cryptocurrency
  • Bank transfer
  • Visa and Mastercard
  • E-wallets
Withdrawal fee
Depends on the method. The terms also allow a fee of up to 5% if you withdraw without significant trading or within three months of funding without trading
Not yet checked
Inactivity fee
$15 one-off, then $5 a month, after 150 days with no activity (Seychelles terms)
Up to $5 a month on accounts with no trade for 91 days, if FIBO introduces the fee

Support

Customer support
24/7 support by live chat and email (support@errante.com)
Phone (+44 845 09-50-118) and call-back requests

Our notes

Strengths
  • EU company Notely Trading Ltd is licensed by CySEC (licence 383/20, checked on the CySEC register)
  • Negative balance protection is written into the Seychelles terms, so losses are capped at your account balance
  • Client money held separately from company funds, plus a civil liability insurance policy of up to €1,000,000
  • Choice of MetaTrader 4, MetaTrader 5, cTrader and TradingView
  • FIBO Group, Ltd. is listed by the BVI FSC as a currently regulated investment business (dealing as agent and principal, arranging deals)
  • Wide choice of platforms and accounts, including cent accounts that open from 1 cent
  • Spreads from 0 pips on NDD accounts with commission charged as a percentage of trade value
Watch out for
  • Clients outside the EU join the Seychelles company, which holds only an offshore licence and offers leverage up to 1:1000
  • Minimum deposits and spreads for the Premium, VIP and Tailor Made accounts are not shown on the public account page
  • Dormant accounts pay $15 and then $5 a month, and a fee of up to 5% can apply to withdrawals made without trading
  • The BVI licence is offshore and there is no compensation scheme
  • We found no negative balance protection or client money segregation commitment in the customer agreement; it lets FIBO cover a negative balance from your other accounts
  • Leverage up to 1:5000 on the MT5 Cent account
  • FIBO's former Cyprus company no longer appears on CySEC's list of investment firms; EU clients have no EU-licensed FIBO company

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • Errante: Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.
  • FIBO Group: Forex trading involves significant risk, including the potential loss of all invested funds. It may not be suitable for everyone. Please assess your risk tolerance carefully.

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Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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