FIBO Group (Cyprus) vs CWG Markets

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 stronger overall rating (3.9) than CWG Markets (1). FIBO Group (Cyprus) has a higher minimum deposit than CWG Markets, at 300.0. Both platforms offer their clients bonuses, demo konti, mobile trading, MAM/PAMM. 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 CWG Markets offers 150.0. FIBO Group (Cyprus) offers a lower maximum leverage of 1:400, whereas CWG Markets allows trading with up to 1:1000.
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: Platforma: Cenu: Klientu serviss: Funkcijas:
4.2/5
4.2/5
3.6/5
3.8/5
1/5
1/5
1/5
1/5
Minimum deposit ($) 300.0 10.0
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 konti
Web based trading
Konkursi
Decimals 5 5
Minimum lot size 0.01 0.01
Maximum lot size 200.0 150.0
Spread Variable Variable
Broker type Market Maker, NDD STP, ECN
Maximal leverage (1:?) 400 1000
Availability Market Maker, NDD STP, ECN
Regulation FSC (British Virgin Islands), CySEC (Cyprus) FCA (UK), VFSC (Vanuatu), FSCA (South Africa)
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 Multiple local methods
Account Currency USD, GBP, EUR, CHF, RUB USD
Languages English, Spanish, German, Russian, Chinese, Indonesian, Arabic, Farsi English, Spanish, Chinese
Country Cyprus United Kingdom
Trading platform(s) timezone Austria, Cyprus, Germany, Kazakhstan, Russia, Singapore, Ukraine United Arab Emirates, Mexico, Malaysia, Nigeria, Singapore, Thailand, Taiwan, United Kingdom, Vietnam
Other trading instruments Stocks, Options, Futures, Indices, Commodities, CFDs Stocks, Futures, Indices, Commodities, CFDs, Forex
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

Other Relevant Comparisons