Online brokers compared for fees, trading platforms, safety and more. See how Alpaca Trading stacks up against FBS!
Last update of data—Dec 2022
Alpaca Securities LLC is US-based broker providing commission-free API stock trading. The company is regulated by the top-tier SEC and FINRA:
FBS is a global CFD broker. It is regulated by multiple financial authorities, including CySEC or ASIC.
Recommended for traders interested in algorithmic stock trading.
Recommended for investors and CFD traders familiar with the MetaTrader trading platforms.
Alpaca Trading
Alpaca Securities LLC is US-based broker providing commission-free API stock trading. The company is regulated by the top-tier SEC and FINRA:
Recommended for traders interested in algorithmic stock trading.
FBS
FBS is a global CFD broker. It is regulated by multiple financial authorities, including CySEC or ASIC.
Recommended for investors and CFD traders familiar with the MetaTrader trading platforms.
Alpaca Trading's service is slightly better than FBS's and a comparison of their fees shows that Alpaca Trading's fees are slightly lower than FBS's.
Account opening takes about the same effort at Alpaca Trading compared to FBS, deposit and withdrawal processes are considerably more complicated at Alpaca Trading, while customer service quality is lower than FBS's.
Our experts rated the trading platform of Alpaca Trading as being of the same quality as the platform of FBS, found that clients have access to slightly more markets and products with Alpaca Trading, while FBS provides somewhat lower-quality research and education.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
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