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Head to head

FIBO Group vs IFC Markets

FIBO Group holds only an offshore registration (British Virgin Islands). IFC Markets is licensed by Labuan FSA in Labuan, Malaysia, and also has an offshore registration. 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 $0 at FIBO Group and $15 at IFC Markets (the Classic Standard (fixed spread) account needs $1,000). Only IFC Markets offers negative balance protection. Neither offers segregated client money.

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

FIBO Group profileIFC Markets 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
FIBO GroupOffshore registration onlyRead the profile
IFC MarketsOffshore registration onlyRead the profile
Comparing
FIBO GroupBritish Virgin Islands
IFC MarketsClassic Standard (fixed spread) account · British Virgin Islands

Overview

Founded
Not yet checked
2006
Headquarters
Road Town, Tortola, British Virgin Islands
Not yet checked
Official websites
  • fibogroup.com
  • ifcmarkets.com
  • ifcmarkets.co.in
  • ifcmarkets.ae
  • ifcmarkets.hk
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
FIBO Group, Ltd.
IFCMARKETS. CORP.
Regulator
FSC BVI
British Virgin Islands
BVI FSC
British Virgin Islands
Regulation level
Offshore registration only
Offshore registration only
Licence number
Investment Business Licence SIBA/L/13/1063
Check the register
SIBA/L/14/1073
Check the register
Clients this company serves
All clients of fibogroup.com (not available to residents of the UK, US or North Korea)
International clients (not residents of the US, Russia or the BVI)
All licences held
  • FSC BVI (British Virgin Islands)
  • BVI FSC (British Virgin Islands)
  • Labuan FSA (Labuan, Malaysia)
Segregated client money
No
No
Negative balance protection
No
Yes
Compensation scheme
None
None

Costs

Your monthly cost
No accounts listed
$180$18 per lot × 10 lots
Cost per lot (EUR/USD)
No accounts listed
$18
Spread from
No accounts listed
1.8 pips
Typical EUR/USD spread
No accounts listed
1.8 pips
Commission per lot (round turn)
No accounts listed
None
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 1:400 on standard accounts; up to 1:3000 and 1:5000 on cent accounts
1:400 on Micro and Nano accounts; 1:200 on Standard accounts
Retail leverage by asset class
Not yet checked
  • All instruments, Standard accounts: Up to 1:200
  • All instruments, Micro and Nano accounts: Up to 1:400
Margin call level
Not yet checked
Not yet checked
Stop-out level
20% (MT4 Cent, MT4 Fixed, cTrader NDD, cTrader Zero Spread); 50% (MT4 NDD, MT4 NDD No Commission, MT5 NDD, MT5 Cent)
10%

Account

Minimum deposit (this account)
No accounts listed
$1,000
Base currencies
No accounts listed
USD, EUR, JPY
Execution
No accounts listed
Instant execution, fixed spread, no commission (MT4 and NetTradeX)

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • MT4 WebTerminal
  • NetTradeX
  • MetaTrader 4
  • MetaTrader 5
  • Web terminal
  • Mobile apps
Markets
Up to 43 currency pairs, metals, CFDs, 13 cryptocurrencies and 50 US shares, depending on the account
650+ CFDs on forex, metals, indices, stocks, commodities, ETFs and cryptocurrencies, plus self-built synthetic instruments
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
  • Bank transfer
  • Visa and Mastercard
  • E-wallets
  • Bank transfer
  • Bank card
  • Cryptocurrency
  • Open Banking
  • Local bank (Africa)
  • Mobile money
  • WebMoney
Withdrawal fee
Not yet checked
Bank wire at your bank's fee; card, crypto and e-wallet withdrawals carry fees that vary by method (for example 3% for Open Banking)
Inactivity fee
Up to $5 a month on accounts with no trade for 91 days, if FIBO introduces the fee
Up to $10 a month after 12 months without trading, only while the balance is positive

Support

Customer support
Phone (+44 845 09-50-118) and call-back requests
24/7 online support

Our notes

Strengths
  • 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
  • Fixed 1.8-pip EUR/USD spread on Classic accounts, so costs are known in advance
  • Micro and Nano accounts from $15
  • Choice of NetTradeX, MT4 and MT5, with hedging or netting on MT5 and NetTradeX
Watch out for
  • 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
  • Licensed only in the BVI (offshore) and Labuan; no FCA, ASIC, CySEC or similar licence
  • Stop-out level of only 10%, so positions are closed late and losses can run far
  • Monthly inactivity fee of up to $10 after 12 months without trading
  • Standard accounts need a $1,000 first deposit

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.
  • IFC Markets: Your capital is at risk. Leveraged products may not be suitable for everyone.

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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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