Basic data of broker
Recommended for Investors and CFD traders familiar with the MetaTrader trading platforms
Recommended for Forex traders familiar with the MetaTrader trading platforms
Cyprus
Australia
Fees
Low trading and non-trading fees
Low forex fees, but high CFD fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
2
5
Deposit type
Withdrawal type
Account opening
$1.07
$200
1 day
1 day
Proof of identity: national ID / passport Proof of residency: bank statement / utility bill
Proof of identity: passport, national ID Proof of residency: utility bill, bank statement, residence certificate
Trading platform
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: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Mid-range
Mid-range
Customer service
Security
€20k to EU clients and $0 for others
No investor protection
€20k to EU clients and $0 for others
No investor protection
2009
2016
Cyprus, Australia, Belize
Cayman Islands, Australia
For detailed information and hands-on experience, read our review of this broker.
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 on par with VT Markets's and a comparison of their fees shows that FBS's fees are similar to VT Markets's.
Account opening takes about the same effort at FBS compared to VT Markets, deposit and withdrawal processes are about the same quality at FBS, while customer service quality is similar to VT Markets's.
Our experts rated the trading platform of FBS as being of the same quality as the platform of VT Markets, found that clients have access to about the same number of markets and products with FBS, while VT Markets provides just about the same quality of research and education.