ForexMart vs FBS Broker Comparison

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Are you trying to figure out which is a better broker, ForexMart or FBS? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that ForexMart is the better of the two. ForexMart offers 300+ instruments, licenses from FCA, CySec, and fair trading fees.

In the tables below, you can compare the features of ForexMart and FBS 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 ForexMart 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.
ForexmartFBS
OPEN ACCOUNTReviewReview
RATING95/10092.5/100
MIN. DEPOSIT1$1$
REGULATED BYuk europeuk europe australia belize
BONUS30%100%
MIN. SPREAD1
MAX. LEVERAGE500:11:3000
CURRENCY PAIRS10035
TRADING INSTRUMENTS300+70+
TRADING PLATFORMSMT4, Mobile, WebTraderMT4, MT5, Mobile, WebTrader, Private
DEPOSIT METHODSBank transfer, Visa, Mastercard, Maestro,Bank transfer, Visa, Skrill, Neteller, PerfectMoney, bitwallet
TYPE OF BROKERSECN BrokerSTP/ECN
CUSTOMER SUPPORT25/724/7
LANGUAGE SUPPORT1617
ESTABLISHED2009
USED BY17,000,000+ Traders

Does ForexMart or FBS 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 ForexMart and FBS are, we first considered the common fees on Standard Accounts. At ForexMart the average spread for the EUR/USD currency pair is pips, whilst at FBS the spread is 1.

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

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

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

Trading Fees*

TYPE OF FEEFOREXMARTFBS
Minimum Spread EURUSD (pips)1
Commission (%)0
Commission on Islamic Accounts (%)0

*Based on Standard account type.

Non-Trading Fees

TYPE OF FEEFOREXMARTFBS
Account FeesNN
Inactivity FeesNN
Deposit FeesNY
Withdrawal FeesYY

Which broker is safer, ForexMart or FBS?

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.

ForexMart is regulated by FCA, CySec and offers client protection. FBS is regulated by FCA, CySec, ASIC, IFSC and offers client protection.

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

Broker summary

FOREXMARTFBS
Minimum Deposit (USD $)11
LicensesFCA, CySecFCA, CySec, ASIC, IFSC
Max. Leverage500:11:3000
Client ProtectionYY
Broker TypeECN BrokerSTP/ECN
Number of Instruments300+70+
Currency Pairs10035
Stocks133
Cryptocurrencies10
CFDsNY
Proprietary Trading PlatformNN
MT 4YY
MT 5NY
Mobile CompatibleYY
Research ToolsYY
Educational MaterialsYY
Payment MethodsBank transfer, Visa, Mastercard, Maestro,Bank transfer, Visa, Skrill, Neteller, PerfectMoney, bitwallet
24/5 Customer SupportYY
Live ChatNY

How many trading instruments are available at ForexMart and FBS?

ForexMart provides traders with 300+ instruments. This includes 100 currency pairs, 1 cryptocurrencies, and 1 stocks and shares. With ForexMart, you cannot trade CFDs.

In comparison, FBS boasts 70+ tradable instruments. FBS offers 35 currency pairs, 0 cryptocurrencies, and 33 stocks and shares. FBS also allows CFD trading.

As both brokers offer the same total number of instruments, both are great choice if you are wishing to diversify your trading portfolio.

Markets and Products

INSTRUMENTFOREXMARTFBS
Currency Pairs10035
Commodities135
Precious Metals04
Indices12
Stocks and Shares133
Cryptocurrencies10
Options14
ETFs01

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

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.

ForexMart provides you with the ability to trade via 3 trading platforms, and FBS has 5 trading platforms. Both brokers also offer research and trading tools, however FBS has more.

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

Research Tools

TOOLFOREXMARTFBS
News (from top-tier sources)NY
Trading Signals and IndicatorsNY
Trade IdeasNY
Expert AnalysisNY
Autochartist ToolsNN
Sentiment ChartsNY
Economic CalendarNY

Which is better for beginners, ForexMart or FBS?

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

FEATUREFOREXMARTFBS
Demo AccountNY
Platform Tutorial VideosNY
Educational PDFsYY
Live WebinarsNY
YouTube VideosNY
Trading AcademyYY
Trading GlossaryNY

Which broker is better overall?

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

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