FIBO Group (Cyprus) vs EBC Financial Group

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 EBC Financial Group (4.8). FIBO Group (Cyprus) has a higher minimum deposit than EBC Financial Group, at 300.0. Both platforms offer their clients demo accounts, mobile trading, scalping, 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 EBC Financial Group offers 40.0. FIBO Group (Cyprus) offers a lower maximum leverage of 1:400, whereas EBC Financial Group allows trading with up to 1:500.
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
4.8/5 (14 reviews)
4.9/5
5/5
4.9/5
4.7/5
Minimum deposit ($) 300.0 50.0
Commission 0.0 6.0
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 40.0
Spread Variable Variable
Broker type Market Maker, NDD STP, ECN
Maximal leverage (1:?) 400 500
Availability Market Maker, NDD STP, ECN
Regulation FSC (British Virgin Islands), CySEC (Cyprus) FCA (UK), ASIC (Australia), CIMA (Cayman Islands), 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 Wire Transfer, Credit Card, Debit Card, UnionPay, Multiple local methods, Crypto
Account Currency USD, GBP, EUR, CHF, RUB USD
Languages English, Spanish, German, Russian, Chinese, Indonesian, Arabic, Farsi English, Spanish, Portuguese, Japanese, Russian, Indonesian, Thai, Arabic, Korean, Hindi, Simplified Chinese, Traditional Chinese
Country Cyprus United Kingdom
Trading platform(s) timezone Austria, Cyprus, Germany, Kazakhstan, Russia, Singapore, Ukraine Australia, Cayman Islands, Hong Kong, Japan, Thailand, United Kingdom
Other trading instruments Stocks, Options, Futures, Indices, Commodities, CFDs Stocks, Energies, CFDs, Precious Metals
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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