Comparison of FIBO Group and IC Markets
Feature | FIBO Group | IC Markets |
---|---|---|
Broker | ||
Year Founded | 1998 | 2007 |
Broker Type | STP, ECN | ECN, DMA |
Dealing | A-book | A-book |
Execution | Market | Market |
Regulation | BVIFSC | SFSA, ASIC, CySEC, CMA |
Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
Spread | ⬊ Low | ⬊ Low |
Maximum Leverage | 1:3000 | 1:500 |
Minimum Deposit | $1 | $200 |
Base Currencies | USD, EUR, GLD, BTC, ETH | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD |
Funding Methods | Bank Transfer, Credit/Debit Card, Skrill, Neteller, Webmoney, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), XRP (XRP) | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay |
Inactivity Fee | Monthly charge of up to $5 | ✖ |
Interest on Margin | ✖ | ✖ |
Withdrawal Fee | Variable by payment method | ✖ |
Investor Protection | - | Investor Compensation Fund (ICF) |
Protection Size | - | €20 000 |
Segregated Accounts | ✔ | ✔ |
Negative Balance Protection | ✖ | ✔ |
Guaranteed Stop Loss | ✖ | ✔ |
Copy Trading | ✔ | ✔ |
VPS | ✖ | ✔ |
MAM/PAMM | ✔ | ✖ |
Scalping Allowed | ✔ | ✔ |
EAs/Robots | ✔ | ✔ |
Depth of Market (DOM) | ✖ | ✔ |
Tradable Assets (CFDs) | Forex, Commodities, Indices, Cryptocurrencies, CFDs | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities |
Review | FIBO Group Review | IC Markets Review |
About FIBO Group
FIBO Group is an international financial holding founded in 1998. It offers NDD and fixed-spread accounts on MetaTrader 4, MetaTrader 5, and cTrader, with a choice of cent, fixed, NDD (ECN-style) and crypto CFD accounts. Regulated by FSC BVI, it also supports PAMM and Islamic accounts.
Pros
- Over 25 years of experience and global presence (since 1998)
- Multiple NDD account types with spreads from 0 pips
- Supports MetaTrader 4, MetaTrader 5, and cTrader
- Offers PAMM & Islamic account options
Cons
- Higher minimum deposits for non‑cent accounts
- Limited direct access to stocks and ETFs
- No negative‑balance protection
About IC Markets
IC Markets is a leading forex and CFD broker, well-known for its exceptional trading conditions and advanced technology. Established in 2007 and regulated by multiple top-tier authorities, including ASIC, CySEC, and the FSA Seychelles, IC Markets has earned a solid reputation among retail and institutional traders alike. The broker is particularly favored by scalpers, day traders, and algorithmic traders for its ultra-tight spreads, fast execution speeds, and no-dealing-desk (NDD) model. With access to powerful platforms like MetaTrader 4, MetaTrader 5, and cTrader, IC Markets offers a seamless trading experience across various asset classes, including forex, indices, commodities, and cryptocurrencies. Its focus on transparency, competitive pricing, and exceptional liquidity ensures that traders can execute strategies efficiently. However, while IC Markets excels in trading infrastructure, it offers limited educational resources, which may not fully cater to beginners.
Pros
- Regulated by top-tier authorities (ASIC, CySEC)
- Tight spreads starting from 0.0 pips on Raw Spread accounts
- No dealing desk (NDD) model ensures transparent and fast execution
- Excellent platforms: MetaTrader 4, MetaTrader 5, and cTrader
- High liquidity and competitive pricing ideal for scalping and algorithmic trading
- Wide range of tradable assets, including cryptocurrencies
- Dedicated 24/7 customer support
Cons
- Restricted availability in some regions due to regulatory constraints
- Withdrawal fees may apply for certain methods
FIBO Group & IC Markets Regulation
Feature | FIBO Group | IC Markets |
---|---|---|
Companies | FIBO Group, Ltd. | Raw Trading Ltd, International Capital Markets Pty Ltd, IC Markets (EU) Ltd, IC Markets (KE) Limited |
Countries | British Virgin Islands | Seychelles, Australia, Cyprus, Kenya |
Regulators | BVIFSC | SFSA, ASIC, CySEC, CMA |
Investor Protection | - | Investor Compensation Fund (ICF) |
Investor Protection Size | - | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
Account | FIBO Group | IC Markets |
---|---|---|
ECN Account | ||
Account Name | MT4 NDD | Standard |
Min Deposit | $50 | $200 |
Lot Size | 0.01 | 0.01 |
Spread Type | Floating | Floating |
Execution | Market | Market |
Min Spread | 0 | 0.6 |
Fee | $6 per 1 lot | No |
Max Leverage | 1:400 | 1:500 |
Stop Out | 50% | 50% |
Margin Call | 80% | 100% |
Zero Account | ||
Account Name | cTrader Zero Spread | Raw Spread |
Min Deposit | $50 | $200 |
Lot Size | 0.01 | 0.01 |
Spread Type | Floating | Floating |
Execution | Market | Market |
Min Spread | 0 | 0 |
Fee | $12 per 1 lot | $7 per 1 lot |
Max Leverage | 1:1000 | 1:500 |
Stop Out | 50% | 50% |
Margin Call | 80% | 100% |
Fix Spread Account | ||
Account Name | MT4 Fixed | — |
Min Deposit | $50 | — |
Lot Size | 0.01 | — |
Spread Type | Fixed | — |
Execution | Instant | — |
Min Spread | 2 | — |
Fee | No | — |
Max Leverage | 1:200 | — |
Stop Out | 20% | — |
Margin Call | 80% | — |
Cent Account | ||
Account Name | MT4 Cent | — |
Min Deposit | $1 | — |
Lot Size | 0.01 | — |
Spread Type | Floating | — |
Execution | Market | — |
Min Spread | 0.6 | — |
Fee | No | — |
Max Leverage | 1:3000 | — |
Stop Out | 20% | — |
Margin Call | 80% | — |
Crypto Account | ||
Account Name | MT4 NDD No Commission | — |
Min Deposit | $50 | — |
Lot Size | 0.01 | — |
Spread Type | Floating | — |
Execution | Market | — |
Min Spread | 0.8 | — |
Fee | No | — |
Max Leverage | 1:400 | — |
Stop Out | 50% | — |
Margin Call | 80% | — |
Additional Features | ||
Demo Account | ||
VIP Account | ||
Swap-Free Account | ||
Copy Trading | ||
VPS | ||
PAMM/MAM Accounts |
Funding and Fees
Feature | FIBO Group | IC Markets |
---|---|---|
Base currencies | USD, EUR, GLD, BTC, ETH | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD |
Deposit and withdrawal methods | Bank Transfer, Credit/Debit Card, Skrill, Neteller, Webmoney, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), XRP (XRP) | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay |
Inactivity fee | Monthly charge of up to $5 | |
Interest on margin | ||
Withdrawal fee | Variable by payment method |
Trading Platforms and Conditions
Feature | FIBO Group | IC Markets |
---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
Execution Speed | 10 ms | 40 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Assets
Asset | FIBO Group | IC Markets |
---|---|---|
Currencies | 48 | 61 |
Indices | 8 | 25 |
Stocks | 0 | 2175 |
Cryptocurrencies | 13 | 21 |
Bonds | 0 | 10 |
Metals | 5 | 7 |
Energies | 4 | 5 |
Soft Commodities | 4 | 8 |
ETFs | 0 | 38 |
Education and Analytics
Feature | FIBO Group | IC Markets |
---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
Contact | FIBO Group | IC Markets |
---|---|---|
Email | service@fibogroup.com | support@icmarkets.com |
Phone | +77273272878 | +2484671976 |
Telegram | Telegram | — |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | — |
Instagram | ||
Twitter | — |
Which Broker is Better?
After comparing FIBO Group and IC Markets, IC Markets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.