Compare Admiral Markets vs FIBO Group
What is Admiral Markets? What is FIBO Group?
Admiral Markets is a trading platform for forex, contracts for difference (CFDs) and foreign exchange transactions across various financial markets. Established in 2001 by Alexander Tsikhilov, it is listed on the Nasdaq Nordic stock exchange. It has offices in 16 countries and offers more than 8,000 trading instruments, including forex pairs, CFDs on indices, commodities, cryptocurrencies, shares, ETFs, and bonds.
FIBO Group is a forex and CFD broker that has been operating since 1998. It has offices in Europe, Central and East Asia and offers more than 60 currency pairs with low spreads and up to 200x financial leverage. It also provides CFDs on metals, energies, agriculture commodities, US Treasuries, Germany Bunds, ETFs and cryptocurrencies.
Admiral Markets vs FIBO Group Regulation Comparison
Both brokers are regulated by reputable authorities in different jurisdictions. Here is a table that compares their regulation status:
| Broker | Regulator | License Number |
|---|---|---|
| Admiral Markets | Financial Conduct Authority (FCA) in the UK | 595450 |
| Estonian Financial Supervision Authority (EFSA) | 4.1-1/46 | |
| Cyprus Securities and Exchange Commission (CySEC) | 201/13 | |
| Australian Securities and Investments Commission (ASIC) | 410681 | |
| FIBO Group | Cyprus Securities and Exchange Commission (CySEC) | 118/10 |
| Financial Services Commission (FSC) in the British Virgin Islands | SIBA/L/14/1063 |
Admiral Markets vs FIBO Group Trading Assets Comparison
Both brokers offer a wide range of trading assets, but Admiral Markets has more variety and quantity than FIBO Group. Here is a list of the main asset classes and the number of instruments available for each broker:
- Forex: Admiral Markets offers 80 CFDs on currency pairs, while FIBO Group offers more than 60 currency pairs.
- Indices: Admiral Markets offers 43 indices CFDs, including cash CFDs and index futures, while FIBO Group does not specify the number of indices CFDs on its website.
- Stocks: Admiral Markets offers more than 3,000 share CFDs, as well as the ability to invest in thousands of shares commission-free. FIBO Group does not offer share CFDs or direct stock investment.
- Commodities: Admiral Markets offers CFDs on metals, energies and agriculture commodities, while FIBO Group offers CFDs on metals, energies and agriculture commodities as well as US Treasuries and Germany Bunds.
- Bonds: Admiral Markets offers US Treasuries and Germany Bund CFDs, while FIBO Group does not offer bond CFDs.
- ETFs: Admiral Markets offers more than 370 ETF CFDs, plus hundreds of ETFs available through Invest.MT5 account. FIBO Group offers ETF CFDs as well but does not specify the number on its website.
- Cryptocurrencies: Admiral Markets offers CFDs on Bitcoin, Dash, Ether, Litecoin, Monero and more. FIBO Group offers CFDs on Bitcoin, Ethereum, Litecoin and Ripple.
Admiral Markets vs FIBO Group Trading Fees Comparison
Both brokers charge spreads and commissions for their trading services, but the exact fees may vary depending on the account type, instrument, market conditions and trading volume. Here are some examples of the typical spreads for some popular instruments for each broker:
| Instrument | Admiral Markets Spread | FIBO Group Spread |
|---|---|---|
| EUR/USD | from 0.6 pips (Trade.MT4 account) | from 0.1 pips (MT4 Fixed account) |
| GBP/USD | from 1.1 pips (Trade.MT4 account) | from 0.6 pips (MT4 Fixed account) |
| USD/JPY | from 1.0 pips (Trade.MT4 account) | from 0.3 pips (MT4 Fixed account) |
| Gold | from 25 points (Trade.MT4 account) | from 30 points (MT4 Fixed account) |
| Crude Oil | from 3 points (Trade.MT4 account) | from 5 points (MT4 Fixed account) |
In addition to spreads, Admiral Markets charges commissions for some account types and instruments, such as 0.003% per side for stock CFDs and 0.1% per side for ETF CFDs on Trade.MT4 and Trade.MT5 accounts. FIBO Group also charges commissions for some account types and instruments, such as $6 per lot for forex and metals on MT4 NDD account and $8 per lot for forex and metals on cTrader NDD account.
Both brokers also charge swap fees for holding positions overnight, which depend on the instrument, direction and duration of the trade.
Admiral Markets vs FIBO Group Account Types Comparison
Here are some of the main differences between the account types of Admiral Markets and FIBO Group:
- Admiral Markets offers four account types: Trade.MT4, Trade.MT5, Zero.MT4 and Zero.MT5. FIBO Group offers three account types: MT4 Fixed, MT4 NDD and MT4 NDD No Commission.
- Admiral Markets supports both MetaTrader 4 and MetaTrader 5 platforms, while FIBO Group only supports MetaTrader 4.
- Admiral Markets offers over 8,000 trading instruments, including forex, stocks, indices, commodities, ETFs and cryptocurrencies. FIBO Group offers over 60 trading instruments, mainly forex and CFDs on metals, oil and indices.
- Admiral Markets has variable spreads starting from 0.5 pips on the Trade accounts and from 0 pips on the Zero accounts. FIBO Group has fixed spreads starting from 2 pips on the MT4 Fixed account and variable spreads starting from 0.8 pips on the MT4 NDD accounts.
- Admiral Markets charges a commission of $3 per lot per side on the Zero accounts and no commission on the Trade accounts. FIBO Group charges a commission of $20 per million USD traded on the MT4 NDD account and no commission on the MT4 Fixed and MT4 NDD No Commission accounts.
- Admiral Markets requires a minimum deposit of $100 for all account types. FIBO Group requires a minimum deposit of $50 for the MT4 Fixed account, $300 for the MT4 NDD account and $500 for the MT4 NDD No Commission account.
Admiral Markets vs FIBO Group Deposit Options Comparison
Both brokers offer various options for depositing and withdrawing funds from their trading accounts, but the availability, fees and processing times may differ depending on the payment method, currency and jurisdiction. Here is a table that compares some of the main deposit and withdrawal options for each broker:
| Payment Method | Admiral Markets | FIBO Group |
|---|---|---|
| Bank Transfer | – Currency: EUR, USD and others – Commission: depends on sending bank’s conditions – Deposit time: 2-5 days – Withdrawal time: up to 3 business days | – Currency: EUR, USD and others – Commission: depends on sending bank’s conditions – Deposit time: 2-5 days – Withdrawal time: within one working day |
| Credit/Debit Card | – Currency: EUR, USD and others – Commission: none – Deposit time: once the payment cleared – Withdrawal time: within 2 business days | – Currency: EUR, USD – Commission: none for deposit, 2.5%+1.5 EUR for withdrawal – Deposit time: within working hours after receiving the funds – Withdrawal time: within several minutes, up to 2–3 days |
| Skrill | – Currency: EUR, USD and others – Commission: none for deposit, 1% for withdrawal – Deposit time: once the payment cleared or inside office hours – Withdrawal time: within 2 business days | – Currency: EUR – Commission: 2.9% for deposit, 2%, but not less than 1 EUR, but not more than 30 EUR for withdrawal – Deposit time: immediate or within working hours of the financial department – Withdrawal time: within several minutes once the request is completed |
| Neteller | N/A | – Currency: EUR – Commission: none for deposit, 1% for withdrawal – Deposit time: immediate or within working hours of the financial department – Withdrawal time: within several minutes once the request is completed |
| PayPal | – Currency: EUR, USD and others – Commission: none for deposit, 0.8% for withdrawal – Deposit time: once the payment cleared or inside office hours – Withdrawal time: within several minutes after the withdrawal application is completed | N/A |
| Klarna | – Currency: EUR, USD and others – Commission: none – Deposit time: once the payment cleared or inside office hours | N/A |
| SafetyPay | – Currency: EUR, USD and others – Commission: none – Deposit time: once the payment cleared or inside office hours | N/A |
| AstroPay | N/A | – Currency: USD, IDR – Commission:0.5%, 5 USD maximum- Deposit time:once the payment cleared |
| Cryptocurrency | N/A | – Currency:BTC, ETH, USDT (ERC20), EURS, RDO- Commission:Bitcoin/Ethereum network commission- Deposit time:once the payment cleared |
Admiral Markets vs FIBO Group Trading Platforms Comparison
Here is a list of the main trading platforms for each broker:
- Admiral Markets:
- MetaTrader 4: The most popular and user-friendly platform for forex and CFD trading, with a wide range of instruments, indicators, tools and automated trading capabilities.
- MetaTrader 5: The new and improved version of MetaTrader, with more instruments, order types, timeframes, analytical tools and market depth features.
- MetaTrader WebTrader: A web-based version of MetaTrader that allows you to trade from any browser without downloading or installing any software.
- MetaTrader Supreme Edition: A plugin for MetaTrader 4 and 5 that enhances the platform with additional features such as advanced order management, mini terminal, trade terminal, sentiment trader, correlation matrix, global opinion widget and more.
- MetaTrader Mobile App: A mobile version of MetaTrader that allows you to trade on the go from your smartphone or tablet.
- FIBO Group:
- MetaTrader 4: The same platform as offered by Admiral Markets, but with fewer instruments and features.
- MetaTrader 5: The same platform as offered by Admiral Markets, but with fewer instruments and features.
- cTrader: A platform designed for ECN trading, with fast execution, level II pricing, advanced charting and trading tools, automated trading via cAlgo and a user-friendly interface.
- cTrader Web: A web-based version of cTrader that allows you to trade from any browser without downloading or installing any software.
- cTrader Mobile App: A mobile version of cTrader that allows you to trade on the go from your smartphone or tablet.
Admiral Markets vs FIBO Group Analytical Tools Comparison
Here is a list of the main analytical tools for each broker:
- Admiral Markets:
- Premium Analytics: A portal that offers market news, technical analysis, economic calendar and global sentiment indicators from leading financial firms such as Dow Jones, Trading Central and Acuity.
- MetaTrader Supreme Edition: A plugin for MetaTrader 4 and 5 that enhances the platform with additional features such as advanced order management, mini terminal, trade terminal, sentiment trader, correlation matrix, global opinion widget and more.
- Trading Blog: A blog that provides regular articles on market analysis, trading strategies, education and tips from experienced traders and analysts.
- Webinars: Live and recorded webinars that cover various topics related to trading, such as technical analysis, fundamental analysis, risk management, psychology and more.
- YouTube Channel: A channel that offers video tutorials, market updates, interviews and live trading sessions with professional traders and analysts.
- FIBO Group:
- Trading Signals: Signals that provide buy or sell recommendations based on technical analysis for various instruments and timeframes.
- Market Analysis: Articles that provide daily or weekly analysis of the major currency pairs, commodities and indices based on technical and fundamental factors.
- Economic Calendar: A calendar that shows the upcoming macroeconomic events and their expected impact on the markets.
- Forex Calculator: A calculator that helps you to determine the value of a pip, margin, swap and position size for your trades.
Admiral Markets vs FIBO Group. Which forex broker is better? Which forex broker should you choose?
Based on a comparison of key aspects of Admiral Markets and FIBO Group, such as regulation, trading assets, trading fees, account types, deposit and withdrawal options, trading platforms and analytical instruments analysis, you can consider the following factors:
- Admiral Markets has more licenses and regulatory protections than FIBO Group, which can give you more confidence and safety when trading with them.
- Admiral Markets offers more trading tools and variety than FIBO Group, which can give you more opportunities and flexibility to diversify your portfolio and find your niche.
- Admiral Markets offers lower spreads and commissions than FIBO Group for most instruments and account types, which can save you some trading costs and increase your profitability.
- Admiral Markets has more account types and features than FIBO Group, which can allow you to find the best option for your trading style and needs.
- Admiral Markets has more deposit and withdrawal options than FIBO Group, which can make it easier and faster to fund your account and withdraw your profits.
- Admiral Markets has more trading platforms and features than FIBO Group, which can enhance your trading experience and performance.
- Admiral Markets has more analytical tools and resources than FIBO Group, which can help you make informed trading decisions and improve your skills.
Of course, these are just some of the probable factors that you can consider when choosing a forex broker. In the end, the best way to decide is to try both brokers for yourself by opening a demo account or a real account with a small deposit and comparing their services and features in practice. You can also read some reviews from other traders who have used both brokers and see what they have to say about their experience.
