FIBO Group is an international financial holding company that has been operating since 1998. It offers forex and CFD trading on various platforms, as well as PAMM accounts and investment products. It is regulated by various authorities across Europe and has offices in several countries.
Trading212 is a fintech company that offers commission-free investing and trading in stocks, ETFs, forex, commodities and more. It has a popular mobile app that has over 14 million downloads and is the UK’s #1 trading app. It is authorised and regulated by the Financial Conduct Authority (FCA) in the UK.
FIBO Group vs Trading212 Regulation Comparison
Broker
Regulator
Funds Protection
Data Protection
FIBO Group
CySEC (Cyprus), FSC (BVI), FSCA (South Africa), FSA (Seychelles)
Up to €20,000 per client under the Investor Compensation Fund (ICF) for CySEC-regulated entities
Implements the industry’s best practices
Trading212
FCA (UK)
Up to £85,000 per client under the Financial Services Compensation Scheme (FSCS)
Implements the industry’s best practices
FIBO Group vs Trading212 Trading Assets Comparison
Broker
Forex Pairs
Stocks & ETFs
Commodities
Indices
Cryptocurrencies
FIBO Group
Over 60 pairs
Over 400 CFDs
Over 20 CFDs
Over 10 CFDs
Over 10 CFDs
Trading212
Over 150 pairs
Over 12,000 stocks & ETFs (real or CFD)
Over 30 CFDs
Over 40 CFDs
Over 10 CFDs
FIBO Group vs Trading212 Trading Fees Comparison
Broker
Commission
Spread
Swap
Inactivity Fee
FIBO Group
None for forex and most CFDs; from $6 per lot for stock CFDs; from $30 per lot for cryptocurrency CFDs
Variable or fixed depending on account type; from 0 pips for variable spread accounts; from 0.6 pips for fixed spread accounts
Charged or credited depending on position and instrument; from -0.1% to +0.5% per day for forex; from -0.5% to +1% per day for stock CFDs; from -1% to +5% per day for cryptocurrency CFDs
None
Trading212
None for all instruments except forex CFDs; from $0.0003 per unit for forex CFDs
Variable depending on instrument and market conditions; from 0.9 pips for major forex pairs; from 0.1% for stock CFDs; from 0.015% for commodity CFDs; from 0.25% for cryptocurrency CFDs
Charged or credited depending on position and instrument; from -0.01% to +0.01% per day for forex; from -0.01% to +0.05% per day for stock CFDs; from -0.03% to +0.03% per day for commodity CFDs; from -0.05% to +0.05% per day for cryptocurrency CFDs
£9 per month after six months of inactivity
FIBO Group vs Trading212 Account Types Comparison
Broker
Account Types
FIBO Group
MT4 Cent (minimum deposit $1, leverage up to 1:1000, variable spread from 0 pips, commission none); MT4 Fixed (minimum deposit $300, leverage up to 1:200, fixed spread from 2 pips, commission none); MT4 NDD (minimum deposit $300, leverage up to 1:400, variable spread from 0 pips, commission $6 per lot); MT4 NDD No Commission (minimum deposit $300, leverage up to 1:400, variable spread from 0.8 pips, commission none); cTrader NDD (minimum deposit $100, leverage up to 1:200, variable spread from 0 pips, commission $3 per lot); MT5 NDD (minimum deposit $500, leverage up to 1:100, variable spread from 0 pips, commission $4 per lot)
Trading212
Invest (minimum deposit £1, leverage none, commission none, spread variable); CFD (minimum deposit £10, leverage up to 1:30, commission none or from $0.0003 per unit for forex CFDs, spread variable); ISA (minimum deposit £1, leverage none, commission none, spread variable)
FIBO Group vs Trading212 Deposit Options Comparison
FIBO Group vs Trading212. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer as to which forex broker is better or which one you should choose, as it depends on your personal preferences, trading style, goals and risk appetite. Friend. However, you can consider a number of factors that may help you make your decision, such as:
Regulation and security: Both brokers are regulated by reputable authorities, but Trading212 offers higher funds protection under the FSCS than FIBO Group under the ICF. Both brokers also implement the industry’s best practices for data protection.
Trading assets and fees: FIBO Group offers more forex pairs than Trading212, but Trading212 offers more stocks and ETFs (both real and CFD). Trading212 also offers commission-free trading for all instruments except forex CFDs, while FIBO Group charges commissions for some CFDs. Trading212 has lower spreads and swaps for most instruments than FIBO Group, but also charges an inactivity fee after six months of no trading activity.
Account types and platforms: FIBO Group offers more account types and platforms than Trading212, giving you more options to choose from according to your needs and preferences. FIBO Group also supports popular platforms such as MetaTrader 4, MetaTrader 5 and cTrader, while Trading212 only has its own proprietary platform.
Analytical tools and features: Both brokers offer various analytical tools and features to help you with your trading and investing, such as economic calendars, market news, trading signals and more. Trading212 also offers some unique features such as Pies & AutoInvest, which allow you to create and automate diversified portfolios, and interest on uninvested cash, which pays you daily interest on any unused funds in your account.
Ultimately, the choice of forex broker is up to you and your personal preferences. You may want to try out both brokers with a demo account first to see which one suits you better. You can also read some user reviews and ratings online to get more insights from other traders and investors.
