FBS vs Exness | Our In-Depth Analysis 2023

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FBS vs Exness: 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
  • Minimum Deposit: $5
  • Maximum Leverage: 1:3000
  • Regulations: FSC(Belize) 
  • Trading platform: MT4, MT5, Webtrader
  • Account Types: Standard, Cent, Pro
  • Payment Options: VISA, MasterCard, Local Exchangers, Neteller, PerfectMoney, Skrill, SticPay
  • US Traders: Not Accept

Exness

Established in 2008, Exness is a regulated forex and CFD broker. It is regulated by multiple jurisdictions. The broker gives access to trade more than 230 tradable instruments on its MT4 and MT5 Trading platforms. The broker allows copy trading, news trading, and EA Trading. You can start trading with as low as 0.01 lot in Exness. The broker also offers a very tight spread starting from 0.3pips. However, Exness does not have ASIC regulation.

Exness Overview

Exness Overview
  • Founded In: 2008
  • Minimum Deposit: $1
  • Maximum Leverage: 2000:1
  • Regulations: FSA, CBCS, FSC, FSCA, Cysec, FCA, CMA
  • Trading platform: MT4, MT5, MetaTrader WebTerminal, MetaTrader Mobile,  Exness Trade App, Exness Terminal
  • Account Types: Standard, Professional, Social Trading
  • Payment Options: VISA, MasterCard, AstroPay, Bitcoin, Boleto, CASHU, FasaPay, Local Bank Deposits, Local Bank Transfers, Neosurf, Neteller, Oxxo, PerfectMoney, Skrill, Tether (USDT), WebMoney
  • US Traders: Not Accepted

FBS vs Exness: Pros and Cons

FBS

Pros
  • 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.
Cons
  • 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

Exness

Pros
  • Top tire regulations ( FCA, CySEC, FSC, FSA-S SBCS, FSCA, BVI FSC, and so on. 
  • The maximum leverage is as high as 1:2000
  • The minimum deposit is as low as $1
  • Free VPS hosting; to qualify, you need to trade for a minimum of 14 days and lifetime deposits of $500;
  • Competitive spreads starting from 0.3 pips on standard accounts
  • Swap-Free/Islamic Account Provided
  • Scalping, EA Trading, and Copy Trading are allowed 
  • Instant Withdrawal of Money 24/7
Cons
  •  No Passive investment programme ( PAMM, MAM Accounts) 
  •   No Ctrader, Tradingview, zuletrade offered 
  •  US Traders are not accepted 
  •  Only MT4 and MT5 Trading Platforms 
  • Limited educational resources

FBS vs Exness: Side-by-Side Comparison

FBS
Exness
Product
Product
Founded In
Founded In
2009
2008
Founded By
Founded By
Aaron Johnson
David Morris
Headquarters
Headquarters
Belize city, Belize
Limassol, Cyprus
Regulations
Regulations
FSC(Belize)
FSA,CBCS,FSC,FSCA, Cysec,FCA,CMA
Min Deposit
Min Deposit
$5
$200
Max Leverage
Max Leverage
1:3000
1:2000
Tradable Assets
Tradable Assets
Forex , Stock ,Indices , Crypto , Metals , Energies , Forex Exotic
Forex , Commodities, Stock ,Indices , Crypto
Fees
Fees
Spread from 0.7 pips
From 0 pips, Commission Up to $3.50 each side per lot
Platforms and Tools
Platforms and Tools
MT4, MT5, Webtrader
MT4, MT5, MetaTrader WebTerminal, MetaTrader Mobile, Exness Trade App , Exness Terminal
US Traders
US Traders
Not Allowed
Allowed

FBS Vs Exness: Our Scores and Ratings

We rated both brokers, FBS and Exness, 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 :

8.8
Total Score
Regulation and Security (40%)9.6
Fees and Commissions (20%)9.4
Trading (15%)8
Trading tools (10%)5
Customer Support (10%)9.5
Trading Education (5%)9.5

Exness

9.1
Exness Scores
Regulation and Security (40%)9.3
Fees and Commissions (20%)9.5
Trading (15%)8
Trading tools (10%)9
Customer Support (10%)9
Trading Education (5%)9

Final Verdict :

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

DisclosureAt Brokersway we're committed to delivering unbiased information. our opinions are our own and are not influenced by the payment we receive from our advertising partners. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money.

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