FBS vs eToro
Choosing between FBS and eToro for your trading goals? This broker comparison between FBS and eToro reviews regulation and trust, pricing and spreads, platforms and tools, tradable markets, account types, funding methods, and other key features side by side.
Who is FBS?
FBS is a globally recognised online forex and CFD broker established in 2009, serving millions of traders across more than 150 countries worldwide. The broker is known for its wide range of financial markets, competitive trading conditions, and strong focus on trader education. The official website of FBS is www.fbs.com.
The minimum deposit to start trading with FBS is $5.
Who is eToro?
eToro, established in 2007, is an international broker and industry pioneer in social and copy trading. Serving over 38 million clients worldwide, the broker is widely known for its social trading feature, streamlined proprietary platform, deep collection of market products, and solid regulation. The official website of eToro is www.etoro.com.
The minimum deposit required to start trading with eToro is $50.
FBS vs eToro Side-by-Side Comparison
FBS, established in 2009, is regulated by the CySEC (Cyprus), FSC (Belize), ASIC (Autralia) and FSCA (South Africa). The broker maintains local offices in Limassol and Belize City. To place orders, FBS offers various platforms, including MT4, MT5 and FBS App.
To start trading, FBS sets a minimum deposit of $5, with accounts denominated in USD. The broker operates following an A-Book model, but does not support copy trading. The funding methods for deposits and withdrawals include 200+ payment methods (global and local) including credit & debit cards, bank wires, e-wallets and cryptocurrencies.
In comparison, eToro, founded in 2007, is licensed by the FCA (UK), CySEC (Cyprus), ASIC (Australia), FSRA (ADGM, UAE), MFSA (Malta) and FSA (Seychelles). This broker keeps local offices in London, Limassol, Hoboken, Sydney and Abu Dhabi. The only trading platform available at eToro is the eToro proprietary platform.
To start trading with eToro, a minimum deposit of $50 is required and account base currencies include USD, EUR and GBP. The broker operates following a hybrid model (A+B Book) and provides copy trading via CopyTrader™. Deposit and withdrawal options span credit and debit cards, bank wire transfers, e-wallets (Skrill, Neteller, PayPal).
FBS vs eToro Market Instruments
FBS offers traders a collection of 590+ market instruments, spanning CFDs on forex, stocks, indices and commodities. Its collection of market products features 100+ forex pairs, 469 stocks, 11 indices and 11 commodities.
eToro, by contrast, lists 7,000+ instruments, featuring CFDs on forex, stocks, indices, commodities, etfs, cryptocurrencies + real stocks, etfs and crypto. By the numbers, this broker provides 62 forex pairs, 6493 stocks, 32 indices, 47 commodities and 145 crypto pairs.
FBS vs eToro Account Types
FBS vs eToro Spreads Comparison
The figures below summarize minimum and average spreads on standard accounts for FBS and eToro. Trading costs can change with account type, liquidity, and market conditions, so check each broker’s website for the latest figures.
For minimum spreads: FBS quotes tighter figures with a EUR/USD spread from 0.8 pips versus eToro from 1.0 pips. For GBP/USD the minimum spread is 0.84 pips versus 2.0 pips. For USD/CAD the minimum spread is 1.095 pips at FBS versus 1.5 pips at eToro. Meanwhile, CAD/JPY has spreads starting from 1.7 pips at FBS versus 6.0 pips at eToro.
On commodities, FBS publishes XAU/USD (Gold) minimums that start from $0.2 and WTI from $0.01, while eToro quotes XAU/USD at 0.025% and WTI at $0.05. For Bitcoin, eToro quotes 1%, whereas FBS does not offer Bitcoin trading.
For average spreads, FBS publishes EUR/USD averages at 1.2 pips, GBP/USD at 1.5 pips, and XAU/USD at $0.29. Unfortunately, eToro does not provide data about the average spreads.
FBS vs eToro Minimum Spreads Comparison
FBS vs eToro Average Spreads Comparison
Other Features
FBS vs eToro: Wrapping Up the Comparison
FBS and eToro are long-standing brokers, launched in 2009 and 2007, respectively. FBS is regulated by the CySEC (Cyprus), FSC (Belize), ASIC (Autralia) and FSCA (South Africa), while eToro is overseen by the FCA (UK), CySEC (Cyprus), ASIC (Australia), FSRA (ADGM, UAE), MFSA (Malta) and FSA (Seychelles).
FBS requires a lower minimum deposit of $5 and supports wider platform options with MT4, MT5 and FBS App. The broker provides access to 590+ instruments and features a standard account along with Cent account. FBS does not support copy trading, but the minimum EUR/USD spreads start from 0.8 pips at FBS.
eToro, on the other hand, requires $50 to open an account and supports trading through the eToro proprietary platform. The broker's collection of market products is wider with a total of 7,000+ instruments. Copy trading is available via its proprietary CopyTrader system and the minimum EUR/USD spreads begin from 1.0 pips.
In short, FBS suits traders who prioritize tighter minimum spreads (starting from 0.8 pips) and compatibility with both MT4 and MT5 platforms. eToro, meanwhile, appeals to those seeking a broader range of markets and integrated social trading features through its CopyTrader system.
Related Posts
Top-Tier Trusted Brokers
The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.
