FBS vs FP Markets
Debating between FBS and FP Markets for your next trading account? This FBS vs FP Markets comparison reviews regulation and safety, pricing and fees, platforms and tools, market instruments, and funding options, laying out the essentials side by side so you can make an informed decision.
Who is FBS?
FBS is a global online broker with millions of traders worldwide. Founded in 2009, it is known for competitive spreads and for providing access to forex and CFD trading across several platforms. The broker provides one straightforward account and comprehensive multilingual support for traders of all experience levels. The official website of FBS is www.fbs.com.
The minimum deposit required to start trading with FBS is $5.
Who is FP Markets?
FP Markets is a global forex and CFD broker founded in 2005 in Sydney, offering trading across various global markets. The broker is best recognised for its transparent pricing, deep liquidity, and professional-grade trading platforms, catering to traders of all experience levels. The official website of FP Markets is www.fpmarkets.com.
The minimum deposit to open an account with FP Markets is $100.
FBS vs FP Markets Side-by-Side Comparison
FBS, founded in 2009, is a regulated broker licensed by the CySEC (Cyprus), FSC (Belize), ASIC (Autralia) and FSCA (South Africa). The company maintains local offices in Limassol and Belize City and provides clients with access to several trading platforms, including MT4, MT5 and FBS App.
The minimum deposit required by FBS is $5, with accounts denominated in USD. FBS operates using an A-Book model, which offers traders straightforward execution. Unfortunately, copy trading is not available at FBS. Clients can fund their accounts through 200+ payment methods (global and local) including credit & debit cards, bank wires, e-wallets and cryptocurrencies.
In comparison, FP Markets, established in 2005, holds licenses from the ASIC (Australia), CySEC (Cyprus), FSCA (South Africa) and SVG (St. Vincent & the Grenadines). The company operates local offices in various locations, including Sydney (Headquarters), Limassol and Eden Island. Further, the broker supports a broad trading platform lineup, including MT4, MT5, cTrader, TradingView and Iress.
Opening an account with FP Markets requires a minimum deposit of $100, and balances can be held in USD. FP Markets follows an ECN/STP execution model, offering great transparency. On another note, FP Markets supports copy trading through Signal Start. For funding and withdrawals, traders can use a variety of payment methods, which include credit/debit cards, bank transfers, crypto, e-wallets (Skrill, Neteller, Paypal (in EU), Fasapay and SticPay).
FBS vs FP Markets Market Instruments
FBS lists 590+ CFD instruments overall, with CFDs on forex, stocks, indices and commodities. This selection of products spans 100+ forex pairs, 469 stocks, 11 indices and 11 commodities.
FP Markets, by comparison, provides access to 1,200+ instruments and covers CFDs on forex, stocks, indices, commodities, etfs, bond and cryptocurrencies. The product lineup at FP Marekets features 70+ forex pairs, 800+ stocks, 15 indices, 22 commodities, and 12 crypto pairs.
FBS vs FP Markets Account Types
FBS vs FP Markets Spreads Comparison
This comparison focuses on the minimum and average spreads on standard accounts for FBS and FP Markets. Actual spreads vary with account type, instrument, and market conditions, so confirm the latest figures on each broker's website.
Minimum Spreads: On EUR/USD FBS posts a minimum spread of 0.8 pips, while FP Markets shows 1.0 pips. FBS also publishes minimums of 0.84 pips for GBP/USD, 1.095 pips for USD/CAD, and 1.7 pips for CAD/JPY, along with XAU/USD quoted at $0.2 and WTI at $0.01. For these instruments, FP Markets does not provide data about the minimum spreads.
Average Spreads: Both brokers disclose figures on average spreads. For EUR/USD, FBS features 1.2 pips against FP Markets at 1.2 pips. On GBP/USD, the averages are 1.5 pips for FBS versus 1.5 pips for FP Markets. For XAU/USD, the average spread is $0.29 at FBS compared with $0.26 at FP Markets.
FBS vs FP Markets Minimum Spreads Comparison
FBS vs FP Markets Average Spreads Comparison
Costs on Raw/Zero Spread Account
For traders focused on costs in a raw/zero spread setup, FP Markets quotes a minimum spread of 0.0 pips with a commission of $3.0 per side per lot on its Raw account. FBS, however, does not offer raw/zero spread accounts.
These figures highlight how raw/zero spread accounts pair ultra-tight spreads with per-trade commissions. Actual spreads vary with market conditions, so confirm the latest pricing on each broker's website.
Other Features
FBS vs FP Markets: Wrapping Up the Comparison
FBS and FP Markets are established global brokers with solid oversight. FBS was founded in 2009 and is regulated by the CySEC (Cyprus), FSC (Belize), ASIC (Autralia) and FSCA (South Africa). On the other hand, FP Markets dates back to 2005 and is regulated by the ASIC (Australia), CySEC (Cyprus), FSCA (South Africa) and SVG (St. Vincent & the Grenadines).
FBS offers 590+ instruments and supports MT4, MT5 and FBS App trading platforms. The minimum deposit to open an account with FBS is $5. FP Markets offers 1,200+ instruments and a broader platform lineup with MT4, MT5, cTrader, TradingView and Iress. Regarding the minimum deposit, FP Markets requires $100 or more.
Both provide a Standard account, along with demo access and an Islamic option. FBS does not include Raw/Zero Spread accounts, but adds a Cent account. However, copy trading is not available at FBS. Contrarily, FP Markets features a Raw Spread account and supports copy trading through Signal Start. However, FP Markets does not offer any other account types. On pricing, minimum EUR/USD spreads start from 0.8 pips at FBS versus 1.0 pips at FP Markets, while average EUR/USD spreads are around 1.2 pips and 1.2 pips respectively.
In summary, FBS is suitable for traders who want slightly lower minimum spreads, a very low entry threshold, a Cent account option and generally stronger global support, while FP Markets is a better fit for those who prefer a wider instrument list, more platform choices and access to Raw Spread pricing.
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