Compare FreshForex Vs FIBOGroup: Which is the Better Forex Broker in 2024?
FreshForex Vs FIBOGroup, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between FreshForex Vs FIBOGroup, here is the direct comparison:
Compare | FreshForex | FIBOGroup |
General Rating |
1.00/5 |
2.52/5 |
Score | ||
Trustpilot |
1.8/5 33 users |
4.2/5 15 users |
πΌ Regulation | ||
β Info | ||
β Established | 2004 | 1998 |
π² Min Deposit | $10 | $1 |
β Max Leverage | 1:2000 | 1:1000 |
π’ Spread | Variable | Variable |
πΈ Commissions | $3 | |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Visa/Mastercard, P2P cards, Credit/debit cards, Crypto, Ethereum, Litecoin, Ripple, Bitcoin Cash, Tether TRC20, Zcash, USD Coin, Tether ERC20, Perfect Money, AdvCash, Web Money, M-Pesa, EazzyPay, Airtel Money, Tigo Pesa, OnlineNaira, Banks of Malaysia, Banks of Indonesia, Banks of Vietnam, Banks of the Philippines, Banks of Thailand, Banks of Nigeria, Local depositor and Local payment systems | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, Local bank transfer, FasaPay, Crypto, Ethereum, Crypto Cash, Ripple, Tether (USDT) and Perfect Money |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Physical Stock |
π£ Website Languages | English, Spanish, Portuguese, Vietnamese, Indonesian, Chinese, Arabic, Thai, Kazakh, Ukrainian, Uzbek, Azerbaijani, Tajik, Russian | Arabic, German, English, Spanish, Persian, Indonesian, Russian, Chinese, Italian, Polish, Portuguese, Thai, Turkish, Ukrainian, Vietnamese |
πͺ Trade Now | Open FreshForex | Open FIBOGroup |
Compare Again
Testimonials
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FIBOGroup: Fibo review
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FIBOGroup: Fast deposit and withdrawal is always good. All the money...
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FIBOGroup: This broker is honest and comprehensive. They accepted my payment...
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FIBOGroup: They have a really slow customer support, and it can...
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FIBOGroup: Stay away from this. I lost money due to MT4...
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See More FIBOGroup Testimonials
News
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Let's Claim FreshForex Promotion Cashback Up to USD20
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FreshForex Reduces the Spread For Precious Metals in August
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Get a Giant Double Bonus from FreshForex
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Protect Your Funds with FreshForex Stop Out Insurance
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Join FIBOGroup Weekly Contest, Grab USD 25,000 And iPad Air 2!
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Multiply Your Bonus Deposit With FIBOGroup's Program!
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Article
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Boost Your Profits with 300% Deposit Bonus from FreshForex
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FreshForex Welcome Bonus: $99 For New Traders
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Get Cashback Up to $20 from FreshForex
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Earn 10% on Each Crypto Deposits with FreshForex
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How to Deposit and Withdraw from FreshForex
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How to Open Account in FreshForex
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Double Your Funds with FreshForex 101% Deposit Bonus
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What Is FreshForex VIP Account?
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Exploring FreshForex Bonus and Promotion 2023: Don't Miss Out!
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Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, FreshForex provides their pricing with Variable spread while FIBOGroup offers Variable spread.
FreshForex vs FIBOGroup: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, FreshForex enables trading with MetaTrader 4 (Limited with 90 days of inactivity), MetaTrader 5 (Limited with 90 days of inactivity). The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, FIBOGroup provides trading with MetaTrader 4 (Limited with 60 days of inactivity), MetaTrader 5 (Limited with 60 days of inactivity), cTrader (Limited with 60 days of inactivity) with the support of One-click trading, Trailing stop, Pending orders.
Is FreshForex or FIBOGroup better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, FreshForex supports trading with Forex, Indices, Crypto, Metals, Corporate Stocks, ETF, while FIBOGroup presents the ability of trading with Forex, Gold & silver, CFD, Oil, Futures, Crypto.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to FreshForex and FIBOGroup:
- Compare FreshForex vs Axi
- Compare FreshForex vs Pepperstone
- Compare FreshForex vs easyMarkets
- Compare FIBOGroup vs IC Markets
- Compare FIBOGroup vs DeltaStock
- Compare FIBOGroup vs Markets4you
For more comparisons, visit this page.