SmartProfitFX vs FIBO Group
FIBO Group is a forex and CFD broker brand whose current official materials emphasize MT4 Fixed, MT4 Cent, MT4 No Dealing Desk, MT4 No Dealing Desk No Commission, cTrader No Dealing Desk, cTrader Zero Spread, MT5 No Dealing Desk, and MT5 Cent account routes, plus fixed and floating spread choices, MT4, MT5, cTrader, forex, metals, cryptocurrency CFDs, stock CFDs, and BVI FSC-regulated FIBO Group Ltd language. SmartProfitFX powered by Eightcap is the more focused path for eligible non-US traders who want Eightcap-powered account access while keeping SmartProfitFX's $1 lower round-trip commission advantage versus opening directly with Eightcap.
Verdict
FIBO Group is the broader direct-broker choice when a trader wants to compare MT4 fixed spreads, cent account sizing, MT4 No Dealing Desk pricing, cTrader, MT5, and a BVI FSC-regulated entity relationship under the FIBO Group brand. SmartProfitFX is the sharper choice when the trader already wants the Eightcap-powered route and does not want to lose the SmartProfitFX commission edge by going directly to Eightcap.
You want the Eightcap-powered route
SmartProfitFX makes sense when a non-US eligible trader wants Eightcap-powered access and values the $1 lower round-trip commission advantage versus opening directly with Eightcap.
You want platform and account-route variety
FIBO Group can fit traders who want to compare fixed and floating spread accounts, MT4 and MT5 routes, cTrader, higher minimum-deposit No Dealing Desk choices, and FIBO Group's own BVI-regulated account setup.
FIBO Group is broader; SmartProfitFX is more focused
The strongest FIBO Group case is platform/account variety. The strongest SmartProfitFX case is a simple Eightcap-powered partner route with the commission edge preserved.
Quick comparison
Research checked May 21, 2026. Broker terms, pricing, platforms, market availability, leverage, funding, and restrictions can change, so confirm current terms before opening or funding an account.
| Category | SmartProfitFX | FIBO Group |
|---|---|---|
| Best fit | Eligible non-US traders who want SmartProfitFX powered by Eightcap and want the $1 lower round-trip commission advantage versus opening directly with Eightcap. | Traders who want FIBO Group's direct account menu, MT4, MT5, cTrader, fixed-spread or No Dealing Desk account labels, BVI FSC-regulated FIBO Group Ltd language, and FIBO's own funding route. |
| Published pricing model | Eightcap-powered pricing. The SmartProfitFX-specific advantage is $1 lower round-trip commission versus opening directly with Eightcap, where applicable. | FIBO Group publishes MT4 Fixed, MT4 Cent, MT4 No Dealing Desk, MT4 No Dealing Desk No Commission, cTrader No Dealing Desk, cTrader Zero Spread, MT5 No Dealing Desk, and MT5 Cent routes with spread, commission, minimum deposit, leverage, platform, and deposit-currency fields. |
| Spread and commission examples | Compare the current Eightcap-powered Standard or Raw route before opening and funding. | FIBO lists MT4 Fixed from 2 pips with no commission, MT4 Cent from 0.6 pips with no commission, MT4 No Dealing Desk from 0 pips with 0.003% commission, MT4 No Dealing Desk No Commission from 0.8 pips, cTrader No Dealing Desk from 0 pips with 0.003% commission, cTrader Zero Spread from 0 pips with 0.012% commission and a $1 minimum, MT5 No Dealing Desk from 0 pips with 0.005% commission, and MT5 Cent from 0.6 pips with no commission. |
| Platforms | Eightcap-powered platform access where available by account, entity, product, and region. | FIBO Group official platform pages cover MetaTrader 4, MetaTrader 5, and cTrader. The account table maps each account route to a specific platform rather than making every account available everywhere. |
| Markets | Eightcap-powered forex and CFD market access, including forex, commodities, indices, share CFDs, and crypto derivatives where eligible. | FIBO Group official market pages cover forex, spot metals, cryptocurrency CFDs, and stock CFDs. Account availability, symbol coverage, margin, and CFD terms depend on the selected FIBO route. |
| US users | SmartProfitFX's existing FAQ states that USA is not allowed. | FIBO Group official website language says the service is not provided to residents of the United Kingdom, North Korea, and the United States. |
FIBO Group account and pricing detail
FIBO Group is a detailed comparison because its official account table separates fixed-spread, cent, No Dealing Desk, no-commission, cTrader, and MT5 routes. That gives searchers several different FIBO Group intent paths: account types, minimum deposit, spreads, commission, MT4, MT5, cTrader, and leverage.
| FIBO Group route | Officially published detail | Comparison impact |
|---|---|---|
| MT4 Fixed | FIBO Group lists MT4 Fixed with a $50 minimum deposit, spreads from 2 pips, no commission, leverage up to 1:200, the MetaTrader 4 platform, and deposit currency choices including EUR, USD, and several crypto-denominated options. | This is the simpler FIBO route for traders who prefer fixed-spread language and no separate commission line. It should still be compared against the real all-in cost, symbol availability, execution terms, and entity. |
| MT4 Cent | FIBO Group lists MT4 Cent with a 1 cent minimum deposit, spreads from 0.6 pips, no commission, leverage up to 1:5000, MetaTrader 4, and cent-account currency labels for smaller sizing. | This route may fit users who want smaller trade sizing or a lower-pressure testing account. It is not the same decision as using SmartProfitFX for Eightcap-powered access. |
| MT4 No Dealing Desk | FIBO Group lists MT4 No Dealing Desk with a $50 minimum deposit, spreads from 0 pips, commission of 0.003% of transaction amount, leverage up to 1:400, and MetaTrader 4. | This is one of the closer FIBO comparison points for traders who care about raw-style spreads plus commission. It should be evaluated by live spread, commission, swaps, account currency, and actual symbols traded. |
| MT4 No Dealing Desk No Commission | FIBO Group lists MT4 No Dealing Desk No Commission with a $50 minimum deposit, spreads from 0.8 pips, no commission, leverage up to 1:400, and MetaTrader 4. | This account is useful for traders who want floating-spread access without a visible commission line. The tradeoff is that spread-only routes can still cost more than they first appear if spreads widen during active sessions. |
| cTrader No Dealing Desk and cTrader Zero Spread | FIBO Group lists cTrader No Dealing Desk with a $50 minimum deposit, spreads from 0 pips, 0.003% commission, leverage up to 1:400, and cTrader. It also lists cTrader Zero Spread with a $50 minimum deposit, spreads from 0 pips, 0.012% commission with a $1 minimum, leverage up to 1:1000, and cTrader. | These are the clearest FIBO Group routes for users specifically searching for FIBO cTrader or a non-MetaTrader platform. SmartProfitFX remains different because its main cost point is the $1 lower round-trip commission versus opening directly with Eightcap. |
| MT5 No Dealing Desk and MT5 Cent | FIBO Group lists MT5 No Dealing Desk with a $50 minimum deposit, spreads from 0 pips, 0.005% commission, leverage up to 1:400, and MetaTrader 5. It also lists MT5 Cent with a 0 cent minimum deposit, spreads from 0.6 pips, no commission, leverage up to 1:5000, and MetaTrader 5. | These routes matter for MT5-focused traders. MT5 No Dealing Desk is closer to raw-style pricing, while MT5 Cent is the smaller-size route. |
Platforms, markets, and trader fit
FIBO Group is strongest as a direct broker comparison for users who want to choose by platform first. SmartProfitFX is intentionally narrower: it is a partner route for eligible traders who want Eightcap-powered access.
MT4, MT5, and cTrader choices
FIBO Group is strongest for searchers who want a direct platform menu and a clear account-to-platform mapping.
- Official platform pages cover MetaTrader 4, MetaTrader 5, and cTrader.
- MT4 is attached to Fixed, Cent, No Dealing Desk, and No Dealing Desk No Commission routes.
- cTrader No Dealing Desk and cTrader Zero Spread give FIBO direct cTrader search angles.
- MT5 No Dealing Desk and MT5 Cent support users who prefer MetaTrader 5.
- The account table publishes leverage, minimum deposit, spread-from, commission, platform, and deposit-currency fields in one place.
Focused Eightcap-powered path
SmartProfitFX does not need to copy FIBO Group's platform menu. Its role is to help eligible traders use the SmartProfitFX powered by Eightcap path and preserve the SmartProfitFX advantage.
- $1 lower round-trip commission versus Eightcap direct.
- Clear partner route for eligible non-US traders.
- Useful when the trader already wants Eightcap-powered market access.
- Less account-label complexity than a fixed, cent, MT4 No Dealing Desk, cTrader, and MT5 direct-broker menu.
| Market area | FIBO Group official positioning | How to compare it fairly |
|---|---|---|
| Forex | FIBO Group's official markets and account materials position the broker around forex trading across its platform-specific account routes. | Compare forex costs by account type, platform, spread model, commission treatment, swap, and entity. A fixed-spread route and a No Dealing Desk route answer different trader needs. |
| Spot metals | FIBO Group publishes a spot metals market page for traders comparing metals exposure under the FIBO brand. | Gold and silver traders should check live spread, contract size, swap, margin, and session details rather than relying only on the headline account spread. |
| Cryptocurrency CFDs | FIBO Group publishes cryptocurrency CFD market material and account currency references that include crypto-denominated options on some routes. | Crypto CFD product access is highly entity and country dependent. Users should check instrument availability, leverage, margin, overnight costs, and risk limits before funding. |
| Stock CFDs | FIBO Group publishes a stock CFD market page for users researching shares under the FIBO platform/account structure. | Stock CFD users should check the available stock list, commission/spread treatment, trading hours, corporate-action rules, and funding currency before deciding. |
Regulation and eligibility
Broker comparisons should separate brand, website route, and regulated entity. SmartProfitFX is the partner website; Eightcap powers the broker path. FIBO Group's checked official website presents FIBO Group Ltd as the BVI-regulated broker entity.
| Area | What the official sources show | Why it matters |
|---|---|---|
| SmartProfitFX route | SmartProfitFX is not the regulated broker. The account relationship is powered by Eightcap, and SmartProfitFX's existing FAQ says USA is not allowed. | Users should understand that the SmartProfitFX comparison is about the partner route and the Eightcap-powered trading relationship. |
| FIBO Group BVI entity | FIBO Group's official license page states that FIBO Group Ltd is incorporated in the British Virgin Islands and is licensed and regulated by the British Virgin Islands Financial Services Commission under license SIBA/L/13/1063. | This is the key checked entity note for the current FIBO Group website. Traders should confirm the account entity, documents, protections, and dispute route during onboarding. |
| Old Cyprus authorization context | An official CySEC announcement says the Cyprus regulator withdrew the CIF authorization of Fibo Markets Ltd, license number 118/10, in 2025 after the company renounced it. | Some older web references may mention Cyprus regulation. Current comparison copy should not treat FIBO Group as a CySEC-regulated account route unless the active onboarding documents say so. |
| Restricted jurisdictions | FIBO Group official website language says it does not provide services to residents of the United Kingdom, North Korea, and the United States. | This page is written for eligible non-US users and does not present either route as a US account-opening option. |
Pros and cons
Pros
- Clear reason to use the SmartProfitFX route if the trader wants Eightcap-powered access.
- $1 lower round-trip commission versus Eightcap direct.
- Simple partner path focused around one broker relationship.
- Strong fit when preserving SmartProfitFX attribution matters.
- Cleaner decision path for users who do not want to compare FIBO's multiple platform-specific account labels.
Cons
- SmartProfitFX is not the regulated broker itself.
- Eligibility depends on Eightcap-powered account restrictions and SmartProfitFX's non-US limitation.
- Users who specifically want FIBO Group's MT4 Fixed, MT4 Cent, cTrader, or MT5 No Dealing Desk routes may prefer FIBO Group directly.
Pros
- Public account table across MT4 Fixed, MT4 Cent, MT4 No Dealing Desk, MT4 No Dealing Desk No Commission, cTrader No Dealing Desk, cTrader Zero Spread, MT5 No Dealing Desk, and MT5 Cent routes.
- Supports MT4, MT5, and cTrader official platform pages.
- Publishes spread-from, commission, minimum deposit, leverage, platform, and deposit-currency fields.
- Offers fixed-spread, cent, spread-plus-commission, and no-commission floating spread choices.
- Official materials cover forex, spot metals, cryptocurrency CFDs, and stock CFDs.
Cons
- Does not preserve SmartProfitFX attribution.
- Does not provide the SmartProfitFX $1 lower round-trip commission advantage versus Eightcap direct.
- Some routes have higher minimum deposits than the lowest FIBO account options.
- The broad platform/account menu makes exact cost comparison dependent on the account actually opened.
- Official restriction language excludes the United Kingdom, North Korea, and the United States.
Who should choose which?
| Choose this route | When it makes sense |
|---|---|
| SmartProfitFX | You want Eightcap-powered execution and platform access, you are eligible under SmartProfitFX/Eightcap rules, and the $1 lower round-trip commission versus Eightcap direct matters to you. |
| FIBO Group | You specifically want FIBO Group's direct MT4, MT5, or cTrader routes, fixed-spread or cent account labels, No Dealing Desk account language, FIBO's BVI-regulated entity relationship, or a FIBO Group account table that lets you choose by platform before you choose by pricing model. |
FIBO Group comparison FAQ
Short answers for FIBO Group searches this page is designed to satisfy.
Is SmartProfitFX better than FIBO Group?
SmartProfitFX is better when an eligible trader wants the SmartProfitFX powered by Eightcap route and values the $1 lower round-trip commission versus opening directly with Eightcap. FIBO Group may be better when the user wants FIBO Group's own MT4, MT5, cTrader, fixed-spread, cent, or No Dealing Desk account menu.
Is FIBO Group cheaper than SmartProfitFX?
That depends on account type, live spread, commission, swap, funding, conversion, product, platform, and entity. FIBO publishes fixed-spread, cent, no-commission, and spread-plus-commission routes. SmartProfitFX's specific advantage is $1 lower round-trip commission versus opening directly with Eightcap.
Does FIBO Group support cTrader?
Yes. FIBO Group official materials list cTrader No Dealing Desk and cTrader Zero Spread account routes, plus a cTrader platform page. The account table lists both cTrader routes with spreads from 0 pips and separate commission lines.
What is the FIBO Group minimum deposit?
FIBO Group official account materials checked on May 21, 2026 list $50 minimum deposits for several full account routes. The checked table also lists cent-account minimums for MT4 Cent and MT5 Cent, including a 0 cent minimum on MT5 Cent.
Is FIBO Group regulated by CySEC?
The current checked FIBO Group website presents FIBO Group Ltd as a BVI FSC-regulated entity under license SIBA/L/13/1063. An official CySEC announcement says Fibo Markets Ltd's CIF authorization 118/10 was withdrawn in 2025 after the company renounced it.
Can US traders use SmartProfitFX or FIBO Group?
The SmartProfitFX FAQ says USA is not allowed. FIBO Group official website language says it does not provide services to residents of the United States. This comparison is written for eligible non-US users.
Open through SmartProfitFX
Use the SmartProfitFX path if you want the SmartProfitFX powered by Eightcap route and want SmartProfitFX to receive attribution for the account opening.
Related broker comparisons
Use the rest of the comparison cluster for context. Live pages are linked here so users and search engines can move between broker comparisons naturally.
Sources checked
Checked May 21, 2026. Source links are provided so the factual basis of the comparison can be reviewed.
- Eightcap account options
- Eightcap platforms
- Eightcap markets
- Eightcap about and regulation
- FIBO Group official website
- FIBO Group account types
- FIBO Group platforms overview
- FIBO Group MetaTrader 4
- FIBO Group MetaTrader 5
- FIBO Group cTrader
- FIBO Group forex markets
- FIBO Group spot metals
- FIBO Group cryptocurrency CFDs
- FIBO Group stock CFDs
- FIBO Group deposits and withdrawals
- FIBO Group licences
- FIBO Group legal documents
- CySEC Fibo Markets Ltd authorization withdrawal announcement
