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Compare FIBO Group vs NSFX. Should trade at FIBO Group or NSFX?

brokerinfor by brokerinfor
7 August, 2023
in Compare, Compare Forex Brokers
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FIBO GroupNSFX

Table of contents

  1. Compare FIBO Group vs NSFX
  2. What is FIBO Group? What is NSFX?
  3. FIBO Group vs NSFX Regulation Comparison
  4. FIBO Group vs NSFX Trading Assets Comparison
  5. FIBO Group vs NSFX Trading Fees Comparison
  6. FIBO Group vs NSFX Account Types Comparison
  7. FIBO Group vs NSFX Deposit Options Comparison
  8. FIBO Group vs NSFX Trading Platforms Comparison
  9. FIBO Group vs NSFX Analytical Tools Comparison
  10. FIBO Group vs NSFX. Which forex broker is better? Which forex broker should you choose?

Compare FIBO Group vs NSFX

What is FIBO Group? What is NSFX?

FIBO Group is an international financial holding company that was founded in 1998 and offers online trading services for forex, commodities and indices. FIBO Group has offices in Europe, Central and East Asia and is regulated by various authorities such as the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Commission of the British Virgin Islands (FSC BVI). FIBO Group claims to provide transparent trading conditions, low spreads, high leverage and various account types for different trading styles. 

NSFX is an online forex broker that was established in 2012 and is based in Malta. NSFX is regulated by the Malta Financial Services Authority (MFSA) and complies with the Markets in Financial Instruments Directive (MiFID). NSFX offers trading services for forex, commodities and indices, as well as innovative trading platforms, fast execution, competitive spreads and swaps, and negative balance protection. 

FIBO Group vs NSFX Regulation Comparison

BrokerRegulatorLicense NumberInvestor Compensation Scheme
FIBO GroupCySEC118/10Up to €20,000 per client
FSC BVISIBA/L/14/1063No
FSC MauritiusC113012295No
NSFXMFSAIS/56519Up to €20,000 per client

FIBO Group vs NSFX Trading Assets Comparison

BrokerForex PairsCommoditiesIndices
FIBO Group60+7 (Gold, Silver, Oil, Gas, Copper, Platinum, Palladium)10 (US30, SPX500, NAS100, UK100, GER30, FRA40, HK50, JP225, AUS200, STOXX50)
NSFX50+6 (Gold, Silver, Oil, Gas, Copper, Coffee)9 (US30, SPX500, NAS100, UK100, GER30, FRA40, ITA40, ESP35, AUS200)

FIBO Group vs NSFX Trading Fees Comparison

BrokerSpread TypeCommissionSwap
FIBO GroupFixed or Variable depending on account typeNo for MT4 Fixed and MT4 NDD accounts; Yes for MT4 NDD No Commission and cTrader NDD accounts; $6 per lot for MT5 NDD accountYes; varies depending on instrument and account type
NSFXFixed or Variable depending on account typeNo for Standard and Professional accounts; Yes for ECN account; $8 per lot round turn for ECN accountYes; varies depending on instrument and account type

FIBO Group vs NSFX Account Types Comparison

BrokerAccount TypesMinimum DepositMaximum Leverage
FIBO GroupMT4 Fixed ($0), MT4 NDD ($0), MT4 NDD No Commission ($0), cTrader NDD ($100), MT5 NDD ($500)$0 – $500 depending on account typeUp to 1:1000 depending on account type
NSFXStandard ($300), Professional ($3,000), ECN ($5,000)$300 – $5,000 depending on account typeUp to 1:200 depending on account type

FIBO Group vs NSFX Deposit Options Comparison

BrokerDeposit MethodsWithdrawal Methods
FIBO GroupBank Wire Transfer, Credit/Debit Card, Skrill, Neteller, WebMoney, QIWI Wallet, Perfect Money, Bitcoin Cashier System (BCS) , BitPay , AstroPay , PaySafeCard , Rapid Transfer , SticPay , ePay.bg , Payeer , DixiPay , CashU , NganLuong.vn , GlobePay , PayKasa , Jeton Wallet , PayTrust88 , Help2Pay , Dragonpay.ph , PayRetailers , PayGiga , PayOp , PayTM , UPIBank Wire Transfer, Credit/Debit Card, Skrill, Neteller, WebMoney, QIWI Wallet, Perfect Money, Bitcoin Cashier System (BCS) , BitPay , AstroPay , PaySafeCard , Rapid Transfer , SticPay , ePay.bg , Payeer , DixiPay , CashU , NganLuong.vn , GlobePay , PayKasa , Jeton Wallet , PayTrust88 , Help2Pay , Dragonpay.ph , PayRetailers , PayGiga
NSFXBank Wire Transfer, Credit/Debit Card, Skrill, Neteller, ecoPayzBank Wire Transfer, Credit/Debit Card, Skrill, Neteller, ecoPayz

FIBO Group vs NSFX Trading Platforms Comparison

BrokerTrading PlatformsWeb-BasedMobile App
FIBO GroupMetaTrader 4, MetaTrader 5, cTraderYes for MetaTrader 4 and cTraderYes for MetaTrader 4 and cTrader; Android and iOS
NSFXMetaTrader 4, NSFX JForexYes for both platformsYes for both platforms; Android and iOS

FIBO Group vs NSFX Analytical Tools Comparison

BrokerAnalytical Tools
FIBO GroupEconomic Calendar, Forex News, Forex Analysis, Trading Signals, Autochartist
NSFXEconomic Calendar, Forex News, Trading Central

FIBO Group vs NSFX. Which forex broker is better? Which forex broker should you choose?

Choosing a forex broker depends on your personal preferences, trading goals, risk appetite and budget.

You should consider various factors like regulation, trading conditions, fees, platform, customer service and reputation when comparing brokers. Ultimately, the best broker for you is the one that meets your needs and expectations.

4.8/5 - (201 votes)

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