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. |  |  |
| OPEN ACCOUNT | Review | Review |
| RATING | 95/100 | 92.5/100 |
| MIN. DEPOSIT | 1$ | 1$ |
| REGULATED BY |   |   |
| BONUS | 30% | 100% |
| MIN. SPREAD | 1 | |
| MAX. LEVERAGE | 500:1 | 1:3000 |
| CURRENCY PAIRS | 100 | 35 |
| TRADING INSTRUMENTS | 300+ | 70+ |
| TRADING PLATFORMS | MT4, Mobile, WebTrader | MT4, MT5, Mobile, WebTrader, Private |
| DEPOSIT METHODS | Bank transfer, Visa, Mastercard, Maestro, | Bank transfer, Visa, Skrill, Neteller, PerfectMoney, bitwallet |
| TYPE OF BROKERS | ECN Broker | STP/ECN |
| CUSTOMER SUPPORT | 25/7 | 24/7 |
| LANGUAGE SUPPORT | 16 | 17 |
| ESTABLISHED | – | 2009 |
| USED BY | 17,000,000+ 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 FEE | FOREXMART | FBS |
|---|---|---|
| Minimum Spread EURUSD (pips) | 1 | |
| Commission (%) | 0 | |
| Commission on Islamic Accounts (%) | 0 |
*Based on Standard account type.
Non-Trading Fees
| TYPE OF FEE | FOREXMART | FBS |
|---|---|---|
| Account Fees | N | N |
| Inactivity Fees | N | N |
| Deposit Fees | N | Y |
| Withdrawal Fees | Y | Y |
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
| FOREXMART | FBS | |
|---|---|---|
| Minimum Deposit (USD $) | 1 | 1 |
| Licenses | FCA, CySec | FCA, CySec, ASIC, IFSC |
| Max. Leverage | 500:1 | 1:3000 |
| Client Protection | Y | Y |
| Broker Type | ECN Broker | STP/ECN |
| Number of Instruments | 300+ | 70+ |
| Currency Pairs | 100 | 35 |
| Stocks | 1 | 33 |
| Cryptocurrencies | 1 | 0 |
| CFDs | N | Y |
| Proprietary Trading Platform | N | N |
| MT 4 | Y | Y |
| MT 5 | N | Y |
| Mobile Compatible | Y | Y |
| Research Tools | Y | Y |
| Educational Materials | Y | Y |
| Payment Methods | Bank transfer, Visa, Mastercard, Maestro, | Bank transfer, Visa, Skrill, Neteller, PerfectMoney, bitwallet |
| 24/5 Customer Support | Y | Y |
| Live Chat | N | Y |
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
| INSTRUMENT | FOREXMART | FBS |
|---|---|---|
| Currency Pairs | 100 | 35 |
| Commodities | 1 | 35 |
| Precious Metals | 0 | 4 |
| Indices | 1 | 2 |
| Stocks and Shares | 1 | 33 |
| Cryptocurrencies | 1 | 0 |
| Options | 1 | 4 |
| ETFs | 0 | 1 |
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
| TOOL | FOREXMART | FBS |
|---|---|---|
| News (from top-tier sources) | N | Y |
| Trading Signals and Indicators | N | Y |
| Trade Ideas | N | Y |
| Expert Analysis | N | Y |
| Autochartist Tools | N | N |
| Sentiment Charts | N | Y |
| Economic Calendar | N | Y |
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
| FEATURE | FOREXMART | FBS |
|---|---|---|
| Demo Account | N | Y |
| Platform Tutorial Videos | N | Y |
| Educational PDFs | Y | Y |
| Live Webinars | N | Y |
| YouTube Videos | N | Y |
| Trading Academy | Y | Y |
| Trading Glossary | N | Y |
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.
