FIBO Group (Cyprus) vs Wisdom Financial Service

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, FIBO Group (Cyprus) currently holds a stronger overall rating (3.9) than Wisdom Financial Service (0). FIBO Group (Cyprus) has a higher minimum deposit than Wisdom Financial Service, at 300.0. Both platforms offer their clients demo accounts, mobile trading. Traders should note that both companies offer the same minimum lot size 0.01, but FIBO Group (Cyprus) has a maximum lot size of 200.0, while Wisdom Financial Service offers 10.0. FIBO Group (Cyprus) offers a lower maximum leverage of 1:400, whereas Wisdom Financial Service allows trading with up to 1:100000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
3.9/5 (12 reviews)
4.2/5
4.2/5
3.6/5
3.8/5
0/5 (0 reviews)
0/5
0/5
0/5
0/5
Minimum deposit ($) 300.0 100.0
Commission 0.0 -
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 4
Minimum lot size 0.01 0.01
Maximum lot size 200.0 10.0
Spread Variable Variable
Broker type Market Maker, NDD STP, ECN, Market Maker, Pro
Maximal leverage (1:?) 400 100000
Availability Market Maker, NDD STP, ECN, Market Maker, Pro
Regulation FSC (British Virgin Islands), CySEC (Cyprus) -
Trading Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5) MetaTrader 5 (MT5)
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, Western Union, WebMoney, Neteller, Skrill, Okpay Credit Card, Cash
Account Currency USD, GBP, EUR, CHF, RUB USD
Languages English, Spanish, German, Russian, Chinese, Indonesian, Arabic, Farsi English
Country Cyprus Singapore
Trading platform(s) timezone Austria, Cyprus, Germany, Kazakhstan, Russia, Singapore, Ukraine Singapore
Other trading instruments Stocks, Options, Futures, Indices, Commodities, CFDs -
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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