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Head to head

FIBO Group vs XChief

FIBO Group holds only an offshore registration (British Virgin Islands). XChief has no licence we could confirm on a regulator's register. 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 $0 at XChief (the xPRIME account needs $500). Only XChief offers negative balance protection and segregated client money.

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

FIBO Group profileXChief 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
XChiefRead the profile
Comparing
FIBO GroupBritish Virgin Islands
XChiefxPRIME account

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Road Town, Tortola, British Virgin Islands
Fomboni, Mwali (Comoros)
Official websites
  • fibogroup.com
  • xchief.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

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

Costs

Your monthly cost
No accounts listed
$70$7 per lot × 10 lots
Cost per lot (EUR/USD)
No accounts listed
$7
Spread from
No accounts listed
0.0 pips
Typical EUR/USD spread
No accounts listed
0.1 pips
Commission per lot (round turn)
No accounts listed
$6
Typical GBP/USD spread
Not yet checked
0.3 pips
Typical USD/JPY spread
Not yet checked
0.2 pips
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
Up to 1:1000 on forex (lower as account equity rises)
Retail leverage by asset class
Not yet checked
  • Forex (equity under $3: 1:1000
  • Metals (equity under $3: 1:500
  • Commodities and indices (equity under $3: 1:50
  • Cryptocurrencies: 1:5
  • US shares: 1:2
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)
30% (CENT, Classic+, DirectFX); 50% (xPRIME)

Account

Minimum deposit (this account)
No accounts listed
$500
Base currencies
No accounts listed
USD, EUR, GBP
Execution
No accounts listed
Market execution, MetaTrader 5, $3 / €3 / £3 commission per side on forex and metals

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • MT4 WebTerminal
  • MetaTrader 4
  • MetaTrader 5
  • xChief mobile app
Markets
Up to 43 currency pairs, metals, CFDs, 13 cryptocurrencies and 50 US shares, depending on the account
Up to 32 currency pairs, metals, commodities, indices, cryptocurrencies and 95 US share CFDs (xPRIME account)
Demo account
Yes
Yes
Copy trading
Not yet checked
Yes
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 (SWIFT
  • SEPA
  • FPS)
  • Cryptocurrency
Withdrawal fee
Not yet checked
The deposit page lists 0% for bank transfer and crypto; the agreement allows extra fees if you deposit and withdraw without trading
Inactivity fee
Up to $5 a month on accounts with no trade for 91 days, if FIBO introduces the fee
$20 one-off, then $20 a month, while an account is inactive

Support

Customer support
Phone (+44 845 09-50-118) and call-back requests
24/7 by live chat, Telegram, WhatsApp, Viber and email

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
  • Four account types, including a cent account with no minimum deposit
  • Negative balance protection and segregated client money are stated in its risk disclosure
  • Leverage is cut automatically as account equity grows, which limits the size of positions on larger accounts
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
  • Says xChief Ltd holds Mwali International Services Authority (MISA) licence T2023379; we could not confirm it on MISA's register on 2026-10-20 (the register blocked automated access).
  • Says xChief ZA (Pty) Ltd is authorised by the FSCA as FSP 54829; we could not confirm it on the FSCA register on 2026-10-20 (the register could not be reached). That company only introduces clients; accounts are opened with xChief Ltd in Comoros.
  • Leverage up to 1:1000 and heavy use of bonuses, no-deposit offers and trading credits
  • Inactive accounts pay $20 and then $20 a month

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.

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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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