FBS vs Forex.Com: A Detailed Comparison for 2024

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Traders consistently seek trusted and reliable trading platforms that suit their trading styles and preferences. FBS and Forex.com are top-tier regulated brokers providing online trading services worldwide. FBS is known for its social trading and multi-asset platform, regulated in two Tier-1 jurisdictions and one Tier-4 jurisdiction, including ASIC, FSC, and CySEC. On the other hand, Forex.com specializes in online forex trading, regulated by six tier-1 jurisdictions including ASIC, FCA, JFSA, NFA, IIROC, and MAS. While these brokers offer similar services, they each have their own strengths and weaknesses.

In this article, I have compared FBS and Forex.com in terms of trading platforms, Pros, Cons, regulations, tradable assets, fees, customer support, and overall trading experience score. This analysis aims to help you determine which broker better suits your trading style and preferences.

FBS vs Forex.Com: In a Nutshell

FBS:

Established in 2009, FBS is one of the leading forex and CFD brokers, offering online trading services worldwide. It is a global brand with headquarters in Belize and regional offices in Cyprus and the Marshall Islands. FBS provides opportunities for trading forex, stocks, metals, energies, and indices. It has about 17 million clients and over 60 prestigious awards for excellent services. FBS.eu offers low spreads and split-second executions without requotes. FBS is one of the highest leverage forex brokers, with leverage up to 1:3000 for its global clients. The broker’s spreads start from 0.7 pips. To know more, you can read our review on FBS.

FBS Overview

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

Forex.Com

Founded in 2001 as part of Gain Capital Holdings, Forex.com is a well-established forex and CFD broker offering online trading services to retail traders worldwide. With over 4,500 trading instruments, including forex, indices, stocks, cryptocurrencies, commodities, gold, and silver, Forex.com is a major player in the industry. It is regulated by top authorities such as the FCA, DFSA, FSCA, FSA (Seychelles), CMA, and CySEC.

The broker provides popular trading platforms and tools like MT4, MT5, WebTrader, MobileTrader, TradingView, Capitalise.ai, Active Trader, VPS, and more. Forex.com is a wholly-owned subsidiary of StoneX, a NASDAQ-listed company with assets exceeding $7.1 billion, offering institutional-grade financial services networks that connect people to global markets.To learn more, you can read our review on Forex.com

Forex.com Overview

Forex.com Overview
  • Founded In: 2001
  • Founder:  Gain Capital
  • Headquarters: United States
  • Minimum Deposit: $50
  • Maximum Leverage: 50:1
  • Regulations:FCA, DFSA, FSCA, FSA(Seychelles), CMA, and CySEC
  • Trading platform:Mobile App, Web Trader, Meta Trader 5
  • Account Types: 2, (Standard, Raw Spread) 
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, ACH Payments (echeck)
  • US Traders: Accepted

FBS vs Forex.com: Key Features

FBS:

  • Trading Instruments: Forex, Stock, Indices, Crypto, Metals, Energies, Forex Exotic.
  • Maximum leverage: 1:3000
  • Minimum Deposit: $5
  • Account Types: Three ( Standard, Cent, Pro) 
  • Trading Fees: Spread starting from 1 pip for Standard Account and Cent Account
  • PAMM/ MAM: Not available 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

Forex.com:

  • Trading Instruments: 4500+Trading instruments including forex, indices, stocks, cryptocurrencies, commodities, gold, and silver
  • Maximum Leverage: The maximum leverage of forex.com is  50:1 for US clients, 30:1 for EU Clients, 400:1 for CMA clients, and 200:1 for Global clients. 
  • Minimum Deposit: $100
  • Trading Fees: Starting from  1.2 pips spreads for Standard account or 7$per lot round trip for Raw account
  • MAM:  Available 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

FBS vs Forex.Com: 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

Forex.Com:

Pros
  • Regulated by NFA, FCA, ASIC, CySEC,  IIROC, FSA, CIMA, MAS, 
  • Top-rated forex and CFD broker in the USA 
  • Free demo account for prospective traders
  • Crypto Trading available on MT5 Trading Platforms 
  • Offers protection for U.K./E.U. client accounts
  • VPS hosting for automated strategies
  • Offers MAM account for passive investors 
  • Low forex fees, no FX commissions
Cons
  •  You can not deposit less than $100
  •  Maximum leverage is 1:50
  • No account protection for U.S. clients
  • An inactivity fee applied after 12 months of no account activity
  • Non-user-friendly desktop platform
  • Cannot buy and sell other securities (like stocks and bonds)
  •  

FBS vs Forex.Com: Side-by-Side Comparison

FBS
Forex.com
Product
Product
FBS
Forex.com
Founded In
Founded In
2009
2001
Founded By
Founded By
Satthakarn Chuenkomol
GAIN Capita
Headquarters
Headquarters
Belize city, Belize
New Jersey,United States
Regulations
Regulations
FSC, Cysec, ASIC
CySEC, CFTC, NFA, CIMA, FCA, FSA, MAS, ASIC, CIRO
Min Deposit
Min Deposit
5$ ($5 for global Clients, $10 for EU Clients)
$100
Max Leverage
Max Leverage
1:3000
50:1
Tradable Assets
Tradable Assets
Forex, stocks, indices, metals, and energies.
Forex, Indices, Stocks , Cryptocurrency, Commodities , Gold and Silver
Fees
Fees
Spread from 0.7 pips
Spread starting from 0.8 pips or commission $5
Platforms and Tools
Platforms and Tools
MT4, MT5, Webtrader, Meta Tader Multiterminal, VPS, Economic Calendar
Mobile App, Web Trader, Meta Trader 5
US Traders
US Traders
Not Allowed
Allowed

FBS Vs Forex.Com: Our Scores and Ratings

We rated both brokers, FBS and Forex.Com, 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

Forex.Com

9
Forex.com Scores
Regulation and Security (40%)10
Fees and Commissions (20%)8
Trading (15%)9
Trading tools (10%)8
Customer Support (10%)8
Trading Education (5%)9

Final Verdict:

Both FBS and Forex.com offer similar trading services globally and are regulated forex brokers. The minimum lot size for both is as low as 0.1. However, there are some differences between them.

For example, FBS is regulated by 3 regulatory authorities, including ASIC, CySEC, FSA, while Forex.com is regulated by 9 regulatory authorities, including CySEC, CFTC, NFA, CIMA, FCA, FSA, MAS, ASIC, CIRO. The trading cost for FBS is 0.7 pips spread, whereas Forex.com’s trading cost is 0.8 pips spread or commission $5.

FBS cannot accept US clients as it is not regulated in the USA, while Forex.com, being a US-regulated forex broker, can accept clients from both the US and around the world.

Our score for Forex.com is 9, and for FBS, it is 8.8 (according to our expert ratings, brokers that achieve a score of 8.00 or higher are considered safe and trustworthy).

Therefore, FBS is most suited and trusted for non-US traders. However,  if you are a US trader seeking a trusted and regulated forex broker, Forex.com is a perfect choice.

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.

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