Compare FIBO Group vs N1CM
What is FIBO Group? What is N1CM?
FIBO Group (Financial Intermarket Brokerage Online Group) is one of the oldest players in the online margin trading market, founded in 1998. It is licensed and regulated by multiple countries and offers a variety of financial instruments and investment products. It has offices in Europe, Central and East Asia.
N1CM (Number One Capital Markets) is a forex and CFD broker licensed and regulated by VFSC (Vanuatu Financial Services Commission). It was founded in 2017 and aims to combine technology and service to become a leading forex provider. It offers over 100 trading instruments, including forex, CFDs on indices, commodities, shares, cryptocurrencies and precious metals.
FIBO Group vs N1CM Regulation Comparison
| Broker | Regulation | License Number |
|---|---|---|
| FIBO Group | CySEC (Cyprus), FSC (BVI), FSA (St. Vincent & the Grenadines) | 118/10, SIBA/L/14/1063, 21559 IBC 2012 |
| N1CM | VFSC (Vanuatu) | 15008 |
FIBO Group vs N1CM Trading Assets Comparison
| Broker | Forex Pairs | Precious Metals | Commodities | Indices | Shares | Cryptocurrencies |
|---|---|---|---|---|---|---|
| FIBO Group | Over 60 | Gold, Silver & more | Oil, Gas & more | 10 global indices | Global companies’ shares | Bitcoin, Litecoin, Ripple, Etherium |
| N1CM | Over 50 | Gold, Silver & more | Oil, Gas & more | 10 global indices | Global companies’ shares | Bitcoin, Litecoin, Ripple, Etherium |
FIBO Group vs N1CM Trading Fees Comparison
| Broker | Spreads | Commissions | Swaps |
|---|---|---|---|
| FIBO Group | From 0.2 pips on EUR/USD (MT4 Fixed account) From 0 pips on EUR/USD (MT4 NDD account) From 0 pips on EUR/USD (cTrader NDD account) From 0 pips on EUR/USD (MT5 NDD account) From 0 pips on EUR/USD (MT4 Cent account) From 0 pips on EUR/USD (MT4 Crypto account) | $0 on MT4 Fixed account $6 per lot on MT4 NDD account $30 per million USD traded on cTrader NDD account $4 per lot on MT5 NDD account $0 on MT4 Cent account $0.003% per lot on MT4 Crypto account | Variable depending on the instrument and account type. Some accounts offer swap-free option for Islamic traders. Swap rates are updated daily on the broker’s website |
| N1CM | From 0.1 pips on EUR/USD (Standard account) From 0 pips on EUR/USD (ECN account) From 0 pips on EUR/USD (VIP account) From 0 pips on EUR/USD (Crypto account) | $0 on Standard account $6 per lot on ECN account Negotiable on VIP account $10 per lot on Crypto account | Variable depending on the instrument and account type. Swap rates are updated daily on the broker’s website. Swap-free option available for Islamic traders |
FIBO Group vs N1CM Account Types Comparison
| Broker | Account Types |
|---|---|
| FIBO Group | – MT4 Fixed: Fixed spreads, no commissions, minimum deposit $50, leverage up to 1:200, swap-free option. – MT4 NDD: Floating spreads, $6 commission per lot, minimum deposit $50, leverage up to 1:400, swap-free option. – cTrader NDD: Floating spreads, $30 commission per million USD traded, minimum deposit $50, leverage up to 1:200, swap-free option. – MT5 NDD: Floating spreads, $4 commission per lot, minimum deposit $500, leverage up to 1:100, swap-free option. – MT4 Cent: Floating spreads, no commissions, minimum deposit $0, leverage up to 1:1000, swap-free option. – MT4 Crypto: Floating spreads, 0.003% commission per lot, minimum deposit $50, leverage up to 1:10 |
| N1CM | – Standard: Floating spreads from 0.1 pips, no commissions, minimum deposit $10, leverage up to 1:1000, swap-free option. – ECN: Floating spreads from 0 pips, $6 commission per lot, minimum deposit $1000, leverage up to 1:500, swap-free option. – VIP: Floating spreads from 0 pips, negotiable commissions, minimum deposit $20,000, leverage up to 1:200. – Crypto: Floating spreads from 0 pips, $10 commission per lot, minimum deposit $1000, leverage up to 1:5 |
FIBO Group vs N1CM Deposit Options Comparison
| Broker | Deposit Options | Withdrawal Options |
|---|---|---|
| FIBO Group | – Bank wire transfer – Credit/debit cards (Visa/Mastercard) – Electronic payment systems (Skrill/Neteller/WebMoney/Qiwi Wallet/Perfect Money/FasaPay) – Cryptocurrencies (Bitcoin/Ethereum/Litecoin/Ripple) | – Bank wire transfer – Credit/debit cards (Visa/Mastercard) – Electronic payment systems (Skrill/Neteller/WebMoney/Qiwi Wallet/Perfect Money/FasaPay) – Cryptocurrencies (Bitcoin/Ethereum/Litecoin/Ripple) |
| N1CM | – Bank wire transfer – Credit/debit cards (Visa/Mastercard) – Electronic payment systems (Skrill/Neteller/WebMoney/Qiwi Wallet/Perfect Money/FasaPay) – Cryptocurrencies (Bitcoin/Ethereum/Litecoin/Ripple/Tether) | – Bank wire transfer – Credit/debit cards (Visa/Mastercard) – Electronic payment systems (Skrill/Neteller/WebMoney/Qiwi Wallet/Perfect Money/FasaPay) – Cryptocurrencies (Bitcoin/Ethereum/Litecoin/Ripple/Tether) |
FIBO Group vs N1CM Trading Platforms Comparison
| Broker | Trading Platforms |
|---|---|
| FIBO Group | – MetaTrader 4: The most popular and award-winning trading platform for forex and CFDs. Available on desktop and mobile devices. Supports automated trading with Expert Advisors and custom indicators. Offers a wide range of analytical tools and charting features. – MetaTrader 5: The latest version of the MetaTrader platform with enhanced functionality and performance. Available on desktop and mobile devices. Supports automated trading with Expert Advisors and custom indicators. Offers more trading instruments and order types than MT4. Provides access to market depth and economic calendar. – cTrader: A modern and user-friendly trading platform for forex and CFDs. Available on desktop and mobile devices. Supports automated trading with cBots and custom indicators. Offers advanced order management and execution features. Provides access to market depth and volatility analysis. |
| N1CM | – MetaTrader 4: The most popular and award-winning trading platform for forex and CFDs. Available on desktop and mobile devices. Supports automated trading with Expert Advisors and custom indicators. Offers a wide range of analytical tools and charting features. – MetaTrader 5: The latest version of the MetaTrader platform with enhanced functionality and performance. Available on desktop and mobile devices. Supports automated trading with Expert Advisors and custom indicators. Offers more trading instruments and order types than MT4. Provides access to market depth and economic calendar. |
FIBO Group vs N1CM Analytical Tools Comparison
Here is a list of the analytical tools offered by FIBO Group and N1CM:
- FIBO Group: Autochartist, Trading Central, Economic Calendar
- N1CM: Autochartist, Economic Calendar
FIBO Group vs N1CM. 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 different brokers can suit different traders depending on preference. , their goals, strategies, risk tolerance, etc. However, you can consider the following factors when comparing FIBO Group and N1CM:
- Regulation: Both brokers are regulated by reputable authorities, but FIBO Group has more licenses than N1CM. This may indicate a higher level of trustworthiness and compliance with the regulatory standards.
- Trading Assets: Both brokers offer a similar range of trading instruments, including forex, CFDs on indices, commodities, shares, cryptocurrencies and precious metals. However, FIBO Group has more forex pairs than N1CM (over 60 vs over 50).
- Trading Fees: Both brokers offer competitive spreads and commissions, but the fees may vary depending on the account type and the trading platform. For example, FIBO Group offers fixed spreads on its MT4 Fixed account, while N1CM offers floating spreads on its Standard account. FIBO Group also charges different commissions on its cTrader NDD and MT4 Crypto accounts, while N1CM charges the same commission on its ECN and Crypto accounts.
- Account Types: Both brokers offer multiple account types to suit different trading styles and needs. However, FIBO Group has more account types than N1CM (6 vs 4), and also offers more trading platforms to choose from (MT4, MT5 and cTrader vs MT4 and MT5). FIBO Group also has a cent account that allows trading with very small amounts of money, while N1CM does not have such an option.
- Deposit and Withdrawal Options: Both brokers offer a wide range of deposit and withdrawal options, including bank wire transfer, credit/debit cards, electronic payment systems and cryptocurrencies. However, N1CM also accepts Tether as a funding method, while FIBO Group does not.
- Analytical Tools: Both brokers offer Autochartist as a free tool for their clients who meet certain criteria. However, FIBO Group also offers Trading Central as another free tool for market research and analysis, while N1CM does not have such an option.
Ultimately, the choice of a forex broker depends on your personal preferences and needs. You may want to try out the demo accounts of both brokers to test their platforms and services before making a decision.
