FBS and AvaTrade are Forex and CFD brokers offering online trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. FBS is regulated by 3 regulatory authorities , including the Cysec, ASIC, FSC-Belize. On the other hand, AvaTrade is regulated by 9 regulatory authorities , including the ASIC, JFSA, FSA, FSCA, ADGM, CBI, ISA, KNF, IIROC. These two brokers offer almost similar services. However, each broker has its strengths and weaknesses.
In this article, we will compare FBS with AvaTrade regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if FBS is better than AvaTrade. This comparison lets you understand which broker is better for your trading style and preferences.
FBS vs AvaTrade: In a Nutshell
FBS
Established in 2009, FBS has matured into a leading forex and CFD broker in Europe and indeed a global brand. It boasts about 17 million clients and over 60 prestigious awards for excellent services. FBS.eu offers low spreads and split-second executions without requotes; courtesy of its deep liquidity pool.
FBS Overview
- Founded In: 2009
- Founder: Satthakarn Chuenkomol
- Headquarters: Belize City, Belize
- Minimum Deposit: $5
- Maximum Leverage: 1:3000
- Regulations: ASIC, FSC, CySEC
- Trading platform: MT4, MT5, Webtrader
- Account Types: Standard, Cent, Pro
- Payment Options: VISA, MasterCard, Local Exchangers, Neteller, PerfectMoney, Skrill, SticPay
- US Traders: Not Accepted
AvaTrade
Established in 2006, Avatrade is a forex and CFD broker based in Dublin, Ireland. The company offers a wide range of trading instruments including forex, commodities, stock indices, stocks, exchange-traded funds, options, cryptocurrencies, and bonds. The broker is regulated across 9 jurisdictions AvaTrade is regulated across 9 jurisdictions including ASIC, CySEC, IIROC, ADGM/FSRA, CBI, ISA, FSCA, FFAJ, and FSC in BVI. AvaTrade offers MetaTrader 4 and 5, AvaTradeGo, AvaOptions, and WebTrader platforms for the diverse needs and preferences of the traders. To learn more, you can read our review of Avatrade.
AvaTrade at a Glance
- Founded In: 2006
- Founder: Emanuel Kronitz, Negev Nosatzki, Clal Finance
- Headquarters: Dublin, Ireland
- Minimum Deposit: $100
- Maximum Leverage: 1:30 (for retail clients), 1:400 (for Non-EU, and professional accounts) (varies by region and account type)
- Regulations: CBI, ASIC, JFSA, FSA, FSCA, ADGM, ISA, KNF, IIROC
- Trading platform: Trading Platforms: MT4, MT5, AvaTradeGO, WebTrader, AvaOptions, DupliTrade, ZuluTrade
- Account Types: Retail, Professional, Islamic, Spread Betting (UK only)
- Trading Style: Trading Styles: Scalping, Hedging, Swing Trading, Day Trading, Automated Trading
- Payment Options: Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, WebMoney, Perfect Money
- US Traders: Not Accepted
FBS vs AvaTrade : Features
Avatrade
- Trading Instruments: 1,250+ popular assets, across Forex, Stocks, Commodities, Indices, ETFs, and Options.
- Maximum leverage: 1: 30 for EU, UK, and Australian clients, 1:400 for global clients
- Minimum Deposit: $100
- Account Types: Two ( Retail account, Professional Account)
- Trading Fees: Starting from 0.9 pips on forex
- MAM: Available
- PAMM: No
- Scalping: Allowed
- News Trading: Allowed. However, spreads widen during major news
- EA/ Robot Trading: Allowed
FBS vs AvaTrade: Pros and Cons
FBS
- Regulated by the CySEC, ASIC, FSCA South Africa, and FSC Belize.
- The Maximum Leverage is as high as 1:3000
- The Minimum deposit is $5
- Trading is on the MT4, MT5, and FBS trader platforms.
- There is an account type to suit newbies, experienced, and pro traders.
- Low spreads, high leverage, and fast order executions
- Easy and fast account opening
- Forex Guidebook, Forex Intensive, trading ideas, webinars, and other training resources are provided.
- Tradable assets are not much, especially when compared to other top brokers.
- Daily Market news and analysis on FBS.eu are not regularly updated.
- No premium trading tools to assist traders.
- No investor protection for non-EU Clients
- Managed Accounts & Social Trading is unavailable
- Few Account Base Currencies
AvaTrade
- Free deposit and withdrawal options
- Great research tools
- a wide range of trading instruments
- ability to trade from mobile devices
- Unique social trading features
- Impressive educational offerings
- Negative balance protection
- Does not charge any fees for deposits or Withdrawals
- Offers commission-free trading
- Offers negative balance protection
- Supports multiple trading platforms and EAs
- High inactivity fees
- Not regulated by the FCA
- Does not accept U.S. clients
- No guaranteed stop-loss
- Do not have 24/7 customer support
FBS vs AvaTrade: Side-by-Side Comparison
FBS Vs AvaTrade: Our Scores and Ratings
We rated both brokers, FBS and AvaTrade, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
FBS :
AvaTrade
Conclusion
FBS and AvaTrade are regulated forex and CFD brokers in the industry. They offer similar trading services. Both brokers allow scalping, hedging, EA trading, and Copy trading. The minimum order size for both of them is 0.01.
However, there are a few areas where you may find some differences. For example, the minimum deposit for FBS is $5., whereas the minimum deposit for AvaTrade is $100. Additionally, the maximum leverage for FBS is 1:3000 for retail traders, and 1:400 for Pro traders. In contrast, the maximum leverage for AvaTrade is 1:200 for retail traders, and 1:400 for Pro traders. FBS offers passive investment programs like MAM and PAMM, while AvaTrade does not have any passive investment programs.
Our score for FBS is 8.8, and for AvaTrade, it is 9 So, if you are looking for the most trusted forex brokers with MAM and PAMM services, you may choose FBS. However, if you prefer another forex brokers that offer similar services, you may choose AvaTrade.
