Basic data of broker
Recommended for Investors and CFD traders familiar with the MetaTrader trading platforms
Recommended for Investors and traders looking for a great trading platform and solid research
Best forex broker
Low trading and non-trading fees
Average trading and non-trading fees, low forex fees
Stock and ETF fees
Deposit and withdrawal
Proof of identity: national ID / passport Proof of residency: bank statement / utility bill
Proof of identity: personal ID / passport / driver's licence Proof of residence: ID card / insurance card / utility bill / bank statement
Markets and products
Disclaimer: 75.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
€20,000 for EEA residents, no protection for other customers
€100,000 for cash and €20,000 for securities for most European clients; £85,000 for UK clients; CHF 100,000 for Swiss clients; HKD 500,000 for securities at Hong Kong entity; no protection for clients from Singapore, Japan and Australia
Cyprus, Australia, Belize
Denmark, UK, France, Italy, Switzerland, Singapore, Japan, Hong Kong, Australia
For detailed information and hands-on experience, read our review of this broker.
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.
FBS's service is slightly weaker than Saxo Bank's and a comparison of their fees shows that FBS's fees are slightly lower than Saxo Bank's.
Account opening takes somewhat less effort at FBS compared to Saxo Bank, deposit and withdrawal processes are about the same quality at FBS, while customer service quality is somewhat better than Saxo Bank's.
Our experts rated the trading platform of FBS as somewhat worse than the platform of Saxo Bank, found that clients have access to much less markets and products with FBS, while Saxo Bank provides somewhat better research and education.