FBS vs AvaTrade Broker Comparison

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Are you trying to figure out which is a better broker, FBS or AvaTrade? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that AvaTrade is the better of the two. AvaTrade offers 250+ instruments, licenses from FSCA, ASIC, IIROC, FSC, FSA, CBI, and fair trading fees.

In the tables below, you can compare the features of FBS and AvaTrade side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked AvaTrade higher than FBS.

Methodology:
This tool uses data collected by our honest Forex experts. All information shown here is correct, regardless of any compensation we receive.
FBSAvaTrade
OPEN ACCOUNTReviewReview
RATING92.5/10096.8/100
MIN. DEPOSIT1$100$
REGULATED BYuk europe australia belizesouth africa australia canada mauritius
BONUS100%Up to 20%
MIN. SPREAD10.6
MAX. LEVERAGE1:30001:400
CURRENCY PAIRS3555
TRADING INSTRUMENTS70+250+
TRADING PLATFORMSMT4, MT5, Mobile, WebTrader, PrivateMT4, MT5, Mobile, WebTrader
DEPOSIT METHODSBank transfer, Visa, Skrill, Neteller, PerfectMoney, bitwalletBank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay, WebMoney and more
TYPE OF BROKERSSTP/ECNMarket Maker
CUSTOMER SUPPORT24/724/5
LANGUAGE SUPPORT1714
ESTABLISHED20092006 HQ in Dublin
USED BY17,000,000+ Traders200,000+ Traders

Does FBS or AvaTrade have lower trading costs and fees?

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.

To give an overall view of how cheap or expensive FBS and AvaTrade are, we first considered the common fees on Standard Accounts. At FBS the average spread for the EUR/USD currency pair is 1 pips, whilst at AvaTrade the spread is 0.6.

This shows that AvaTrade is the better option for low-cost forex trading.

When it comes to non-trading fees, FBS charges for deposit, withdrawal. AvaTrade charges for inactivity. With this in mind, AvaTrade has lower non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that AvaTrade is the better option.

Trading Fees*

TYPE OF FEEFBSAVATRADE
Minimum Spread EURUSD (pips)10.6
Commission (%)00
Commission on Islamic Accounts (%)00

*Based on Standard account type.

Non-Trading Fees

TYPE OF FEEFBSAVATRADE
Account FeesNN
Inactivity FeesNY
Deposit FeesYN
Withdrawal FeesYN

Which broker is safer, FBS or AvaTrade?

In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.

FBS is regulated by FCA, CySec, ASIC, IFSC and offers client protection. AvaTrade is regulated by FSCA, ASIC, IIROC, FSC, FSA, CBI and offers client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that AvaTrade is the safer broker.

Broker summary

FBSAVATRADE
Minimum Deposit (USD $)1100
LicensesFCA, CySec, ASIC, IFSCFSCA, ASIC, IIROC, FSC, FSA, CBI
Max. Leverage1:30001:400
Client ProtectionYY
Broker TypeSTP/ECNMarket Maker
Number of Instruments70+250+
Currency Pairs3555
Stocks33617
Cryptocurrencies014
CFDsYY
Proprietary Trading PlatformNN
MT 4YY
MT 5YN
Mobile CompatibleYY
Research ToolsYY
Educational MaterialsYY
Payment MethodsBank transfer, Visa, Skrill, Neteller, PerfectMoney, bitwalletBank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay, WebMoney and more
24/5 Customer SupportYY
Live ChatYY

How many trading instruments are available at FBS and AvaTrade?

FBS provides traders with 70+ instruments. This includes 35 currency pairs, 0 cryptocurrencies, and 33 stocks and shares. With FBS, you can also trade CFDs.

In comparison, AvaTrade boasts 250+ tradable instruments. AvaTrade offers 55 currency pairs, 14 cryptocurrencies, and 617 stocks and shares. AvaTrade also allows CFD trading.

As AvaTrade has 250+ and FBS has 70+, a difference of 180, this shows that AvaTrade offers more opportunities to diversify your trading portfolio.

Markets and Products

INSTRUMENTFBSAVATRADE
Currency Pairs3555
Commodities3518
Precious Metals45
Indices220
Stocks and Shares33617
Cryptocurrencies014
Options444
ETFs11

Which broker offers the best trading platform, FBS or AvaTrade?

When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.

FBS provides you with the ability to trade via 5 trading platforms, and AvaTrade has 4 trading platforms. Both brokers also offer research and trading tools, however AvaTrade has more.

Overall, our experts agree that FBS boasts the better trading platform offering.

Research Tools

TOOLFBSAVATRADE
News (from top-tier sources)YY
Trading Signals and IndicatorsYY
Trade IdeasYY
Expert AnalysisYY
Autochartist ToolsNY
Sentiment ChartsYY
Economic CalendarYY

Which is better for beginners, FBS or AvaTrade?

To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.

Considering this, our reviews show that FBS is the better broker for beginner traders as it offers a larger range of educational tools and materials. FBS also has a minimum deposit of $.

Educational Features

FEATUREFBSAVATRADE
Demo AccountYY
Platform Tutorial VideosYY
Educational PDFsYY
Live WebinarsYY
YouTube VideosYN
Trading AcademyYY
Trading GlossaryYY

Which broker is better overall?

Overall, our tested reviewing methodology proves that AvaTrade is the better broker in a range of key areas. You can learn more by reading our FBS and AvaTrade reviews.

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