FBS vs AvaTrade Broker Comparison

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.

Rating
92.5/100
96.8/100
Min. Deposit
1$
100$
Regulated By
CySecCySec
IFSCIFSC
FSCAFSCA
ASICASIC
IIROCIIROC
FSCFSC
Bonus
100%
Up to 20%
Min. Spread
1
0.6
Max. Leverage
1:3000
1:400
Currency Pairs
35
55
Trading Instruments
70+
250+
Trading Platforms
MT4, MT5, mobile
MT4, MT5, mobile, WebTrader
Deposit Methods
Bank transfer, Visa, Skrill, Neteller, PerfectMoney, bitwallet
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay, WebMoney and more
Type of Brokers
STP/ECN
Market Maker
Customer Support
24/5
24/5
Language Support
17
14
Established
2009
2006 HQ in Dublin
Used By
13,000,000+ Traders
200,000+ 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*

*Based on Standard account type.

Non-Trading Fees

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 CySec, 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

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

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 3 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 AvaTrade boasts the better trading platform offering.

Research Tools

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

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.

FBS vs AvaTrade
FBS
92.5
Points
AvaTrade
96.8
Points
Overall
4 points
FBS
89
Points
AvaTrade
92
Points
Commissions & Fees
3 points
FBS
93
Points
AvaTrade
96
Points
Licensing & Safety
3 points
FBS
95
Points
AvaTrade
98
Points
Trading Platforms & Tools
3 points
FBS
92
Points
AvaTrade
88
Points
Payments
4 points
FBS
90
Points
AvaTrade
89
Points
Customer Service
1 points
FBS
96
Points
AvaTrade
95
Points
Educational
1 points
Open Account in AvaTrade