FIBO Group (Cyprus) vs Versus Trade

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. That said, FIBO Group (Cyprus) currently holds a lower overall rating (3.9) compared to Versus Trade (4.3). FIBO Group (Cyprus) has a higher minimum deposit than Versus Trade, at 300.0. Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping. FIBO Group (Cyprus) offers a lower maximum leverage of 1:400, whereas Versus Trade allows trading with up to 1:2000.
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
4.3/5 (2 reviews)
4.5/5
4/5
4/5
5/5
Minimum deposit ($) 300.0 10.0
Commission 0.0 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 5
Minimum lot size 0.01 0.01
Maximum lot size 200.0 -
Spread Variable Variable
Broker type Market Maker, NDD STP, ECN
Maximal leverage (1:?) 400 2000
Availability Market Maker, NDD STP, ECN
Regulation FSC (British Virgin Islands), CySEC (Cyprus) FSC (Mauritius)
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 Wire Transfer, Credit Card, Debit Card, Bitcoin, Multiple local methods, Crypto, USDT, MoMo Wallet, GrabPay
Account Currency USD, GBP, EUR, CHF, RUB USD
Languages English, Spanish, German, Russian, Chinese, Indonesian, Arabic, Farsi English, Malay, Thai, Arabic, Vietnamese, Hindi, Simplified Chinese, Traditional Chinese, Bahasa Indonesia
Country Cyprus Saint Lucia
Trading platform(s) timezone Austria, Cyprus, Germany, Kazakhstan, Russia, Singapore, Ukraine Cyprus
Other trading instruments Stocks, Options, Futures, Indices, Commodities, CFDs Indices, Commodities, Energies, CFDs, Cryptocurrency, Precious Metals, Other, Forex, CFDs: Indices, Commodities, Energies
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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