Comparison of FIBO Group and IC Markets
| Feature | FIBO Group | IC Markets |
|---|---|---|
| Broker | ||
| Year Founded | 1998 | 2007 |
| Broker Type | STP, ECN | ECN, DMA |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | BVIFSC | SFSA, ASIC, CySEC, CMA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:3000 | 1:500 |
| Minimum Deposit | $1 | $200 |
| Base Currencies | USD, EUR, GLD, BTC, ETH | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD |
| Funding Methods | Bank Transfer, Credit/Debit Card, Skrill, Neteller, Webmoney, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), XRP (XRP) | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay |
| Inactivity Fee | Monthly charge of up to $5 | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | Variable by payment method | ✖ |
| Investor Protection | - | Investor Compensation Fund (ICF) |
| Protection Size | - | €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✖ | ✔ |
| Guaranteed Stop Loss | ✖ | ✔ |
| Copy Trading | ✔ | ✔ |
| VPS | ✖ | ✔ |
| MAM/PAMM | ✔ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✔ |
| Tradable Assets (CFDs) | Forex, Commodities, Indices, Cryptocurrencies, CFDs | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | FIBO Group Review | IC Markets Review |
About FIBO Group
FIBO Group is an international financial holding founded in 1998. It offers NDD and fixed-spread accounts on MetaTrader 4, MetaTrader 5, and cTrader, with a choice of cent, fixed, NDD (ECN-style) and crypto CFD accounts. Regulated by FSC BVI, it also supports PAMM and Islamic accounts.
Pros
- Over 25 years of experience and global presence (since 1998)
- Multiple NDD account types with spreads from 0 pips
- Supports MetaTrader 4, MetaTrader 5, and cTrader
- Offers PAMM & Islamic account options
Cons
- Higher minimum deposits for non‑cent accounts
- Limited direct access to stocks and ETFs
- No negative‑balance protection
About IC Markets
IC Markets is a leading forex and CFD broker, well-known for its exceptional trading conditions and advanced technology. Established in 2007 and regulated by multiple top-tier authorities, including ASIC, CySEC, and the FSA Seychelles, IC Markets has earned a solid reputation among retail and institutional traders alike. The broker is particularly favored by scalpers, day traders, and algorithmic traders for its ultra-tight spreads, fast execution speeds, and no-dealing-desk (NDD) model. With access to powerful platforms like MetaTrader 4, MetaTrader 5, and cTrader, IC Markets offers a seamless trading experience across various asset classes, including forex, indices, commodities, and cryptocurrencies. Its focus on transparency, competitive pricing, and exceptional liquidity ensures that traders can execute strategies efficiently. However, while IC Markets excels in trading infrastructure, it offers limited educational resources, which may not fully cater to beginners.
Pros
- Regulated by top-tier authorities (ASIC, CySEC)
- Tight spreads starting from 0.0 pips on Raw Spread accounts
- No dealing desk (NDD) model ensures transparent and fast execution
- Excellent platforms: MetaTrader 4, MetaTrader 5, and cTrader
- High liquidity and competitive pricing ideal for scalping and algorithmic trading
- Wide range of tradable assets, including cryptocurrencies
- Dedicated 24/7 customer support
Cons
- Restricted availability in some regions due to regulatory constraints
- Withdrawal fees may apply for certain methods
FIBO Group & IC Markets Regulation
| Feature | FIBO Group | IC Markets |
|---|---|---|
Companies | FIBO Group, Ltd. | Raw Trading Ltd, International Capital Markets Pty Ltd, IC Markets (EU) Ltd, IC Markets (KE) Limited |
Countries | British Virgin Islands | Seychelles, Australia, Cyprus, Kenya |
Regulators | BVIFSC | SFSA, ASIC, CySEC, CMA |
Investor Protection | - | Investor Compensation Fund (ICF) |
Investor Protection Size | - | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
FIBO Group
FIBO Group, Ltd.
IC Markets
Raw Trading Ltd, International Capital Markets Pty Ltd, IC Markets (EU) Ltd, IC Markets (KE) Limited
Countries
FIBO Group
British Virgin Islands
IC Markets
Seychelles, Australia, Cyprus, Kenya
Regulators
FIBO Group
BVIFSC
IC Markets
SFSA, ASIC, CySEC, CMA
Investor Protection
FIBO Group
-
IC Markets
Investor Compensation Fund (ICF)
Investor Protection Size
FIBO Group
-
IC Markets
€20 000
Publicly Traded
FIBO Group
IC Markets
Segregated Accounts
FIBO Group
IC Markets
Guaranteed Stop Loss
FIBO Group
IC Markets
Negative Balance Protection
FIBO Group
IC Markets
Account Types
| Account | FIBO Group | IC Markets |
|---|---|---|
ECN Account | ||
| Account Name | MT4 NDD | Standard |
| Min Deposit | $50 | $200 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0.6 |
| Fee | $6 per 1 lot | No |
| Max Leverage | 1:400 | 1:500 |
| Stop Out | 50% | 50% |
| Margin Call | 80% | 100% |
Zero Account | ||
| Account Name | cTrader Zero Spread | Raw Spread |
| Min Deposit | $50 | $200 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0 |
| Fee | $12 per 1 lot | $7 per 1 lot |
| Max Leverage | 1:1000 | 1:500 |
| Stop Out | 50% | 50% |
| Margin Call | 80% | 100% |
Fix Spread Account | ||
| Account Name | MT4 Fixed | — |
| Min Deposit | $50 | — |
| Lot Size | 0.01 | — |
| Spread Type | Fixed | — |
| Execution | Instant | — |
| Min Spread | 2 | — |
| Fee | No | — |
| Max Leverage | 1:200 | — |
| Stop Out | 20% | — |
| Margin Call | 80% | — |
Cent Account | ||
| Account Name | MT4 Cent | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.6 | — |
| Fee | No | — |
| Max Leverage | 1:3000 | — |
| Stop Out | 20% | — |
| Margin Call | 80% | — |
Crypto Account | ||
| Account Name | MT4 NDD No Commission | — |
| Min Deposit | $50 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.8 | — |
| Fee | No | — |
| Max Leverage | 1:400 | — |
| Stop Out | 50% | — |
| Margin Call | 80% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
ECN Account
Account Name
FIBO Group
MT4 NDD
IC Markets
Standard
Min Deposit
FIBO Group
$50
IC Markets
$200
Lot Size
FIBO Group
0.01
IC Markets
0.01
Spread Type
FIBO Group
Floating
IC Markets
Floating
Execution
FIBO Group
Market
IC Markets
Market
Min Spread
FIBO Group
0
IC Markets
0.6
Fee
FIBO Group
$6 per 1 lot
IC Markets
No
Max Leverage
FIBO Group
1:400
IC Markets
1:500
Stop Out
FIBO Group
50%
IC Markets
50%
Margin Call
FIBO Group
80%
IC Markets
100%
Zero Account
Account Name
FIBO Group
cTrader Zero Spread
IC Markets
Raw Spread
Min Deposit
FIBO Group
$50
IC Markets
$200
Lot Size
FIBO Group
0.01
IC Markets
0.01
Spread Type
FIBO Group
Floating
IC Markets
Floating
Execution
FIBO Group
Market
IC Markets
Market
Min Spread
FIBO Group
0
IC Markets
0
Fee
FIBO Group
$12 per 1 lot
IC Markets
$7 per 1 lot
Max Leverage
FIBO Group
1:1000
IC Markets
1:500
Stop Out
FIBO Group
50%
IC Markets
50%
Margin Call
FIBO Group
80%
IC Markets
100%
Fix Spread Account
Account Name
FIBO Group
MT4 Fixed
IC Markets
—
Min Deposit
FIBO Group
$50
IC Markets
—
Lot Size
FIBO Group
0.01
IC Markets
—
Spread Type
FIBO Group
Fixed
IC Markets
—
Execution
FIBO Group
Instant
IC Markets
—
Min Spread
FIBO Group
2
IC Markets
—
Fee
FIBO Group
No
IC Markets
—
Max Leverage
FIBO Group
1:200
IC Markets
—
Stop Out
FIBO Group
20%
IC Markets
—
Margin Call
FIBO Group
80%
IC Markets
—
Cent Account
Account Name
FIBO Group
MT4 Cent
IC Markets
—
Min Deposit
FIBO Group
$1
IC Markets
—
Lot Size
FIBO Group
0.01
IC Markets
—
Spread Type
FIBO Group
Floating
IC Markets
—
Execution
FIBO Group
Market
IC Markets
—
Min Spread
FIBO Group
0.6
IC Markets
—
Fee
FIBO Group
No
IC Markets
—
Max Leverage
FIBO Group
1:3000
IC Markets
—
Stop Out
FIBO Group
20%
IC Markets
—
Margin Call
FIBO Group
80%
IC Markets
—
Crypto Account
Account Name
FIBO Group
MT4 NDD No Commission
IC Markets
—
Min Deposit
FIBO Group
$50
IC Markets
—
Lot Size
FIBO Group
0.01
IC Markets
—
Spread Type
FIBO Group
Floating
IC Markets
—
Execution
FIBO Group
Market
IC Markets
—
Min Spread
FIBO Group
0.8
IC Markets
—
Fee
FIBO Group
No
IC Markets
—
Max Leverage
FIBO Group
1:400
IC Markets
—
Stop Out
FIBO Group
50%
IC Markets
—
Margin Call
FIBO Group
80%
IC Markets
—
Additional Features
Demo Account
FIBO Group
IC Markets
VIP Account
FIBO Group
IC Markets
Swap-Free Account
FIBO Group
IC Markets
Copy Trading
FIBO Group
IC Markets
VPS
FIBO Group
IC Markets
PAMM/MAM Accounts
FIBO Group
IC Markets
Funding and Fees
| Feature | FIBO Group | IC Markets |
|---|---|---|
Base currencies | USD, EUR, GLD, BTC, ETH | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD |
Deposit and withdrawal methods | Bank Transfer, Credit/Debit Card, Skrill, Neteller, Webmoney, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), XRP (XRP) | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay |
Inactivity fee | Monthly charge of up to $5 | |
Interest on margin | ||
Withdrawal fee | Variable by payment method |
Base currencies
FIBO Group
USD, EUR, GLD, BTC, ETH
IC Markets
USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD
Deposit and withdrawal methods
FIBO Group
Bank Transfer, Credit/Debit Card, Skrill, Neteller, Webmoney, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), XRP (XRP)
IC Markets
Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay
Inactivity fee
FIBO Group
Monthly charge of up to $5
IC Markets
Interest on margin
FIBO Group
IC Markets
Withdrawal fee
FIBO Group
Variable by payment method
IC Markets
Trading Platforms and Conditions
| Feature | FIBO Group | IC Markets |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
Execution Speed | 10 ms | 40 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
FIBO Group
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
IC Markets
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView
Execution Speed
FIBO Group
10 ms
IC Markets
40 ms
Scalping
FIBO Group
IC Markets
Expert Advisors (EAs)
FIBO Group
IC Markets
Depth of Market (DOM)
FIBO Group
IC Markets
Spread
FIBO Group
low
IC Markets
low
Trading Assets
| Asset | FIBO Group | IC Markets |
|---|---|---|
Currencies | 48 | 61 |
Indices | 8 | 25 |
Stocks | 0 | 2175 |
Cryptocurrencies | 13 | 21 |
Bonds | 0 | 10 |
Metals | 5 | 7 |
Energies | 4 | 5 |
Soft Commodities | 4 | 8 |
ETFs | 0 | 38 |
Currencies
FIBO Group
48
IC Markets
61
Indices
FIBO Group
8
IC Markets
25
Stocks
FIBO Group
0
IC Markets
2175
Cryptocurrencies
FIBO Group
13
IC Markets
21
Bonds
FIBO Group
0
IC Markets
10
Metals
FIBO Group
5
IC Markets
7
Energies
FIBO Group
4
IC Markets
5
Soft Commodities
FIBO Group
4
IC Markets
8
ETFs
FIBO Group
0
IC Markets
38
Education and Analytics
| Feature | FIBO Group | IC Markets |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
FIBO Group
IC Markets
Indicators
FIBO Group
IC Markets
Robots
FIBO Group
IC Markets
Signals
FIBO Group
IC Markets
Autochartist
FIBO Group
IC Markets
Expert Analytics
FIBO Group
IC Markets
News Feed
FIBO Group
IC Markets
Education Articles
FIBO Group
IC Markets
Webinars
FIBO Group
IC Markets
Seminars
FIBO Group
IC Markets
Customer Support
| Contact | FIBO Group | IC Markets |
|---|---|---|
Email | service@fibogroup.com | support@icmarkets.com |
Phone | +77273272878 | +2484671976 |
Telegram | Telegram | — |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | — |
Instagram | ||
Twitter | — |
Email
FIBO Group
IC Markets
Phone
FIBO Group
IC Markets
Telegram
FIBO Group
IC Markets
—
YouTube
FIBO Group
IC Markets
—
Twitter
FIBO Group
—
IC Markets
Which Broker is Better?
After comparing FIBO Group and IC Markets, IC Markets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.