Plain-English forex education. No hype, no signals.فارسی
BrokerCutForex Academy

Head to head

Exness vs FIBO Group

Exness is licensed by FSCA in South Africa, CMA (Kenya) in Kenya, CMA (UAE) in the United Arab Emirates, FCA in the United Kingdom and 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 $10 at Exness and $0 at FIBO Group. Only Exness offers negative balance protection and segregated client money.

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

Exness 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
ExnessOffshore registration onlyRead the profile
FIBO GroupOffshore registration onlyRead the profile
Comparing
ExnessSeychelles
FIBO GroupBritish Virgin Islands

Overview

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

Regulation and protection

Company you would contract with
Exness (SC) Ltd
FIBO Group, Ltd.
Regulator
FSA Seychelles
Seychelles
FSC BVI
British Virgin Islands
Regulation level
Offshore registration only
Offshore registration only
Licence number
SD025 (Securities Dealer)
Check the register
Investment Business Licence SIBA/L/13/1063
Check the register
Clients this company serves
Clients who sign up through exness.com (Exness assigns the company by country; it names it in the client agreement)
All clients of fibogroup.com (not available to residents of the UK, US or North Korea)
All licences held
  • FSA Seychelles (Seychelles)
  • FSC (BVI) (British Virgin Islands)
  • FSCA (South Africa)
  • CMA (Kenya) (Kenya)
  • CMA (UAE) (United Arab Emirates)
  • FCA (United Kingdom)
  • CySEC (European Union)
  • FSC BVI (British Virgin Islands)
Segregated client money
Yes
No
Negative balance protection
Yes
No
Compensation scheme
None
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
Yes
Yes

Leverage and margin

Maximum retail leverage
Up to 1:Unlimited on some accounts (offshore companies)
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
60% (Standard); 30% (Pro, Zero, Raw Spread)
Not yet checked
Stop-out level
0% (stocks differ)
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
  • MetaTrader 4
  • MetaTrader 5
  • Exness Terminal
  • Exness Trade app
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • MT4 WebTerminal
Markets
Currency pairs, metals, cryptocurrencies, energies, stocks and indices as CFDs
Up to 43 currency pairs, metals, CFDs, 13 cryptocurrencies and 50 US shares, depending on the account
Demo account
Yes
Yes
Copy trading
Not yet checked
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
Not yet checked
  • Bank transfer
  • Visa and Mastercard
  • E-wallets
Withdrawal fee
No withdrawal fees from Exness; third-party fees may apply depending on the payment method
Not yet checked
Inactivity fee
Not yet checked
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
  • Licences confirmed with the FSCA in South Africa, the CMA in Kenya and the UAE's Capital Market Authority
  • Low $10 minimum deposit on the Standard account and no withdrawal fees from Exness
  • Exness says client money is held in segregated accounts and retail accounts have negative balance protection
  • 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
  • Most retail clients join offshore companies (FSA Seychelles or BVI FSC), and the strictly regulated UK and Cyprus companies do not accept retail clients
  • Exness also says it holds licences from the Central Bank of Curaçao and Sint Maarten (Exness B.V., 0003LSI), the FSC of Belize (Forexite Ltd., 9110312), the FSC of Mauritius (Exness (MU) Ltd, GB20025294), the Jordan Securities Commission (Exness Limited Jordan) and an FSCA ODP authorisation for Exness (SC) Ltd. We could not confirm these on the regulators' registers on 2026-10-20.
  • Leverage up to 1:Unlimited and a 0% stop-out mean a position can be closed only when your margin is gone
  • 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:

  • Exness: Risk Warning: Our services relate to complex derivative instruments requiring appropriate knowledge and understanding. Their prices may fluctuate rapidly and may become valueless. Trading involves a high risk of loss, with traders likely to incur losses exceeding the potential for profits. Losses may extend up to the full amount of funds in the trading account. Under no circumstances shall Exness have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any investing activity.
  • 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.

BrokerCut on Telegram

Get the latest forex news and market analysis.

Join the channel