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Head to head

eToro vs FIBO Group

eToro is licensed by CySEC in the European Union; FCA in the United Kingdom; ASIC in Australia and FSRA (ADGM) in Abu Dhabi (ADGM), UAE, 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 $10 at eToro and $0 at FIBO Group. Only eToro offers negative balance protection and segregated client money.

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

eToro 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
eToroStrictly regulatedRead the profile
FIBO GroupOffshore registration onlyRead the profile
Comparing
eToroEuropean Union
FIBO GroupBritish Virgin Islands

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Not yet checked
Road Town, Tortola, British Virgin Islands
Official websites
  • etoro.com
  • fibogroup.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
eToro (Europe) Ltd
FIBO Group, Ltd.
Regulator
CySEC
European Union
FSC BVI
British Virgin Islands
Regulation level
Strictly regulated
Offshore registration only
Licence number
109/10
Check the register
Investment Business Licence SIBA/L/13/1063
Check the register
Clients this company serves
Residents of EU and EEA countries
All clients of fibogroup.com (not available to residents of the UK, US or North Korea)
All licences held
  • CySEC (European Union)
  • FCA (United Kingdom)
  • ASIC (Australia)
  • FSRA (ADGM) (Abu Dhabi (ADGM), UAE)
  • FSA Seychelles (Seychelles)
  • FSC BVI (British Virgin Islands)
Segregated client money
Yes
No
Negative balance protection
Yes
No
Compensation scheme
FSCS up to £85,000 (UK); ICF up to €20,000 (Cyprus); none we know of for the Abu Dhabi or Seychelles companies
None

Costs

Your monthly cost
No accounts listed
No accounts listed
Cost per lot (EUR/USD)
No accounts listed
No accounts listed
Spread from
No accounts listed
No accounts listed
Typical EUR/USD spread
No accounts listed
No accounts listed
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
Not yet checked
Yes

Leverage and margin

Maximum retail leverage
1:30 on major pairs (UK, EU, Australia)
Up to 1:400 on standard accounts; up to 1:3000 and 1:5000 on cent accounts
Retail leverage by asset class
  • Major currency pairs (UK: 1:30
  • Non-major currency pairs: 1:20
Not yet checked
Margin call level
Not yet checked
Not yet checked
Stop-out level
Not yet checked
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
No accounts listed
Base currencies
No accounts listed
No accounts listed
Execution
No accounts listed
No accounts listed

Platforms and features

Platforms
  • eToro web platform
  • eToro mobile app
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • MT4 WebTerminal
Markets
Currency, index and commodity CFDs alongside stocks, ETFs and crypto (this profile covers CFDs only)
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)
No
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
Not yet checked
  • Bank transfer
  • Visa and Mastercard
  • E-wallets
Withdrawal fee
$5 on withdrawals from a USD account; none from GBP, EUR or DKK local-currency accounts
Not yet checked
Inactivity fee
None since 28 May 2026, according to eToro's help centre
Up to $5 a month on accounts with no trade for 91 days, if FIBO introduces the fee

Support

Customer support
Not yet checked
Phone (+44 845 09-50-118) and call-back requests

Our notes

Strengths
  • Licensed by CySEC, the FCA and ASIC, with retail negative balance protection in those regions
  • Copy trading built into the platform, with the same account used for CFDs, stocks and crypto
  • Low first deposit in some countries ($10 in the UK)
  • 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
  • eToro's website could not be loaded during our check on 2026-10-20; the cost details on this page come from eToro's own fee and help pages read through a search tool, so confirm them on etoro.com before you trade.
  • eToro now prices CFDs as the market spread plus an opening and closing spread fee charged as a percentage (0.005% per trade on EUR/USD), which is harder to compare with pip-based spreads.
  • Deposits and withdrawals that need a currency conversion carry a conversion fee, and USD withdrawals cost $5
  • MetaTrader is not offered; you can only trade on eToro's own platform
  • 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:

  • 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.

Open this comparison in the full tool to share a link with your own accounts and companies chosen.

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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