FXPro vs FBS

FxPro vs FBS Comparison Table 2024
FxPro	FBS
Review 4.4	Review 4.3
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
Established in 2006, FxPro has emerged as a trusted non-dealing desk (NDD) broker offering trading on over 2,100 markets to more than 2 million clients worldwide. It has scooped over 100 industry awards and counting for its competitive conditions for active traders.	Founded in 2009, FBS is an award-winning CFD broker operating in over 150 countries with a client base exceeding 27 million traders. Traders are supported at every stage of their journey with 24/7 assistance, market analytics, trading calculators, and competitive pricing with zero commissions.
Customer Reviews
	5 Based on 3 FBS customer reviews
Comment by Reviewer
"FxPro is a stellar option for day traders, sporting exceptionally fast execution speeds under 12ms, competitive fees that were lowered in 2022, and terrific charting platforms in MT4, MT5, cTrader and FxPro Edge."	"FBS is an excellent choice for day traders at every level and budget, with just a $5 minimum deposit and intensive academy for aspiring traders alongside access to MT4, MT5 and highly leveraged trading opportunities up to 1:3000 for experienced traders."
Pros
FxPro operates under a 'No Dealing Desk' (NDD) model, ensuring fast and transparent order execution, often under 12 milliseconds, ideal for short-term trading strategies. FxPro's Wallet is a standout feature that allows traders to manage funds securely. By segregating unused funds from active trading accounts, the Wallet provides additional protection and convenience. FxPro offers four reliable charting platforms, notably the intuitive FxPro Edge, with over 50 indicators, 7 chart types and 15 chart timeframes.	FBS strikes the balance between robust features and ease of use, with a sign-up process taking <10 minutes, an intuitive app, advanced research through Market Analytics & more recently VIP Analytics, plus immersive education through the FBS Academy and Trader’s Blog. 24/7 customer support that performed excellently during testing is available, alongside a $5 minimum deposit, high leverage options, and a huge variety of 200+ funding options, making it ideal for traders with small accounts. FBS offers lightning-fast execution speeds from just 10 milliseconds, placing it among the industry leaders for highly active traders like scalpers who demand rapid order processing. The trading firm has picked up over 90 awards and amassed more than 27 million clients, making it one of the largest and most established brokers globally.
Cons
There are no passive investment tools like copy trading or interest paid on cash. While active traders may not miss these, competitors like eToro catering to active and passive investors have more comprehensive offerings. While FxPro provides 24/5 customer support through multiple channels that performed well during testing, it lacks 24/7 availability, which can disadvantage traders needing assistance outside traditional market hours. Despite a growing Knowledge Hub and a $10M funded demo account, FxPro is geared towards advanced traders, with beginners potentially finding the account and fee structure complex.	Despite enhancing the selection of currency pairs, now providing over 70, FBS still trails industry leaders like BlackBull Markets in its market offering with a particularly narrow selection of commodities and indices. There are only two base currencies available - EUR and USD - which isn't practical for minimizing currency conversion fees for many global traders, and is especially striking given the broker’s user base spans over 150 nations. Investor protection is only available for clients within the EU, meaning global traders may not be protected if their account goes negative, significantly increasing the risk to your funds. Although the FBS app offers a terrific mobile trading experience for aspiring traders and MT4/MT5 cater to advanced traders, the absence of cTrader and TradingView, which are increasingly offered by alternatives like Pepperstone, will deter day traders familiar with these platforms.
Awards
Best Online Broker (MENA) 2024 - Forex Awards Best Trading Conditions APAC 2023 - Forex Awards Best Trading Platform 2023 - Investors Chronicle & Financial Times Best FX Service Provider 2023 - City of London Wealth Management Awards Most Trusted Broker (Global) 2021 - Ultimate Fintech Awards Best Broker 2021 (UK) - Ultimate Fintech Awards Best Mobile Trading App 2021 - Ultimate Fintech Awards	Best Trading Application Asia 2024 Best Forex Broker in Africa 2023 Best Forex Broker South Africa 2023 Best Trading Account for Beginners 2023 Best Financial Broker of 2022-2023
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Futures	CFDs, Forex, Indices, Shares, Commodities
Demo Account
Yes	Yes
Minimum Deposit
$100	$5
Trading Platforms
FxPro Edge MT4 MT5 cTrader AutoChartist TradingCentral DupliTrade	FBS App MT4 MT5
Payment Methods
Bitcoin Payments Credit Card Ethereum Payments Google Wallet Maestro Mastercard Neteller PayPal Skrill Visa Wire Transfer	AstroPay Bitwallet Credit Card Debit Card Doku Wallet FasaPay JCB Card M-Pesa Maestro Mastercard Neteller Perfect Money PIX Payment Rapid Transfer Skrill Sticpay Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, CySEC, FSCA, SCB, FSA	ASIC, CySEC, FSC
Margin Trading
Yes	Yes
Margin Rate
0.5%
STP Account
Yes	Yes
ECN Account
No	Yes
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
The FxPro app for iOS and Android, which benefited from design improvements in 2024, demonstrates how mobile trading should be done with its sleek, user-friendly interface and powerful features. From trading CFDs and managing accounts to seamless in-app deposits, withdrawals, an integrated economic calendar, and push notifications, the app ensures you have the trading tools you need right from your palm.	FBS offers an intuitive proprietary app that is designed to be user-friendly for traders of all levels. Available on both Android and iOS, it’s not only easy to navigate but also ensures swift trade execution with speeds from 0.01 seconds. This, combined with a user-friendly interface, provides excellent control over short-term trading strategies. More experienced traders will also appreciate support for the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) apps, featuring advanced charting packages and Expert Advisors (EAs).
Android App Rating
4.3	4.9
iOS App Rating
4.7	4.6
Auto Trading
Expert Advisors (EAs) on MetaTrader, cBots on cTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	MT4 & MT5
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
Yes	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$15	$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP AUD JPY ZAR CHF PLN	USD EUR
Stock Exchanges
CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Nasdaq S&P 500	CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 London Stock Exchange Nasdaq New York Stock Exchange S&P 500
Commodities
Aluminium Cocoa Coffee Copper Corn Cotton Gasoline Gold Lead Natural Gas Oil Palladium Platinum Silver Soybeans Zinc	Gold Natural Gas Oil Palladium Platinum Silver
CFD Trading
FxPro offers thousands of CFDs on forex, commodities, indices, shares and futures, expanded over the years. The broker's analysis and charting capabilities continue to stand as some of the best in the industry, with Trading Central integration, advanced order types and access to custom indicators.	FBS is a CFD broker, allowing you to speculate on the price movements of these assets without actually owning them. CFDs are available in various asset classes, including forex, commodities, indices, and stocks, but there are no opportunities for trading ETFs, bonds, or options. However, what truly empowers traders is the competitive spreads and generous leverage up to 1:3000 (capped at 1:30 for EU traders), all without inactivity or withdrawal fees.
Leverage
1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited)	1:30 (EU & Restricted Countries), 1:3000 (Global)
FTSE Spread
171.63	0.0
GBPUSD Spread
0.6	0.6
Oil Spread
39	0.0
Stocks Spread
Variable	Variable
Forex Trading
FxPro offers 70+ currency pairs but no minors and stands out with its ultra-fast execution speeds and tight spreads averaging 0.45 pips on EUR/USD. Forex traders can also build test and deploy short-term trading strategies on the industry-leading MT4 software, with expert advisors (EAs) for algo trading.	FBS offers an improved selection of 72 majors, minors and exotics. Spreads are fairly competitive, averaging 0.7 pips for EUR/. There’s also an excellent range of forex market resources and tools on offer, including calculators and an intensive forex course.
Forex App
The FxPro app for iOS and Android, which benefited from design improvements in 2024, demonstrates how mobile trading should be done with its sleek, user-friendly interface and powerful features. From trading CFDs and managing accounts to seamless in-app deposits, withdrawals, an integrated economic calendar, and push notifications, the app ensures you have the trading tools you need right from your palm.	The FBS Trader app allows clients to manage their finances and speculate on over 70 forex pairs, among other assets. Instant deposits are available, as well as one-click trading make for a seamless mobile trading experience. Users can also conduct technical analysis via interactive charting with multiple indicators and timeframes. The app is free to download from the respective app stores.
GBPUSD Spread
0.6	0.6
EURUSD Spread
0.45	0.5
EURGBP Spread
0.73	2.1
Assets
70+	70+
Currency Indices
USD
Cryptocurrency
FxPro traders (outside the UK) can trade CFDs on over 25 popular cryptos, including Bitcoin and Ethereum as well as smaller tokens like Tron. In 2021, the broker introduced 24/7 trading on crypto, however where it stands out is its ultra-fast execution that lends it to active traders.	Crypto trading not offered
Spread
Variable	Floating
Coins
BAT BCH BTC DOG DOT DSH EOS ETC ETH IOT LNK LTC NEO XLM XMR XRP ZEC	ADA ALG AVA BAT BCH BNB BTC DOG DOT DSH EOS ETC ETH FIL IOT LNK LTC MKR MTC NEO OMG SHB SOL TRX UNI VEC XLM XMR XRPZEC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review