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FIBO Group (Cyprus) vs Swissquote Bank
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 Swissquote Bank (4.8).
FIBO Group (Cyprus) has a lower minimum deposit, at 300.0.
Both platforms offer their clients MAM/PAMM.
Traders should note that
FIBO Group (Cyprus) offers a minimum lot size of 0.01 and a maximum lot size of 200.0, while Swissquote Bank offers 1.0 and 1.0.
FIBO Group (Cyprus) offers a greater leverage limit of 1:400, whereas Swissquote Bank allows a maximum of only 1:100.
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.
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.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 300.0 | 1000.0 |
| 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 | 1.0 |
| Maximum lot size | 200.0 | 1.0 |
| Spread | Variable | - |
| Broker type | Market Maker, NDD | STP |
| Maximal leverage (1:?) | 400 | 100 |
| Availability | Market Maker, NDD | STP |
| Regulation | FSC (British Virgin Islands), CySEC (Cyprus) | FCA (UK), FINMA (Switzerland), MFSA (Malta), DFSA (UAE) |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Western Union, WebMoney, Neteller, Skrill, Okpay | Wire Transfer, Credit Card |
| Account Currency | USD, GBP, EUR, CHF, RUB | USD |
| Languages | English, Spanish, German, Russian, Chinese, Indonesian, Arabic, Farsi | English |
| Country | Cyprus | Switzerland |
| Trading platform(s) timezone | Austria, Cyprus, Germany, Kazakhstan, Russia, Singapore, Ukraine | China, Singapore, Uganda, United Kingdom |
| Other trading instruments | Stocks, Options, Futures, Indices, Commodities, CFDs | Stocks, Commodities, Precious Metals |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
