HF Markets vs FBS Broker Comparison

Does HF Markets 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 HF Markets and FBS are, we first considered the common fees on Standard Accounts. At HF Markets the average spread for the EUR/USD currency pair is 0.1 pips, whilst at FBS the spread is 1.

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

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

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

*Based on Standard account type.

Which broker is safer, HF Markets 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.

HF Markets is regulated by FCA, FSCA, FSA(SVG), DFSA 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 HF Markets is the safer broker.

How many trading instruments are available at HF Markets and FBS?

HF Markets provides traders with 160 instruments. This includes 50 currency pairs, 12 cryptocurrencies, and 944 stocks and shares. With HF Markets, you can also 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.

Which broker offers the best trading platform, HF Markets 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.

HF Markets 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 HF Markets has more.

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

Which is better for beginners, HF Markets 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 is the better broker for beginner traders as it offers a larger range of educational tools and materials. also has a minimum deposit of $.

Which broker is better overall?

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