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FBS vs Exness
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Updated:
Compare FBS vs Exness Side by Side
Choosing between FBS vs Exness to determine which Broker better suits your trading needs? We made a detailed comparison between FBS Review and Exness Review, comparing safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.
Summary
| Feature | FBS | Exness |
|---|---|---|
| Website | //www.fbs.com | //www.exness.com |
| Founded year | 2009 | 2008 |
| Headquarter | Belize and Cyprus | Cyprus |
| Licenses | Australia, Cyprus, Belize, South Africa | FCA, CMA, CySEC, SFSA, CBCS, FSC BVI, FSC Muritius, FSCA |
| Minimum Deposit | US$ 1 | USD$ 10 |
| Trading Platforms | MT4, MT5, FBS trader, CopyTrade | MT4, MT5, Exness Terminal, Exness Trading App |
| Eurusd avg Spread | 0.9 pips | 1.2 pips |
Licenses
| Feature | FBS | Exness |
|---|---|---|
| Licenses Countries Info (short) |
|
|
Both FBS vs Exness are highly reputable brokers with years of experience in the forex industry, both are regulated by top-tier regulators ensuring the integrity and safety of forex trading. Exness operates under the regulation of FCA, while FBS falls under the purview of the ASIC. It’s worth noting that both the FCA and ASIC are equally trusted authorities when it comes to regulatory supervision.
Additionally, these brokers maintain international subsidiaries to provide their services on a global scale, catering to traders around the world.
Broker Types
| Feature | FBS | Exness |
|---|---|---|
| Broker types |
|
|
Both FBS vs Exness are operating as hybrid STP and ECN Brokers, and has established a distinct presence in the fiercely competitive trading landscape. Their commitment to rapid and effective order execution has garnered them praise and unwavering trust from their client base.
Trading Conditions
| Feature | FBS | Exness |
|---|---|---|
| Trading Conditions |
|
|
FBS vs Exness are very similar in terms of conditions, they are both beginner-friendly brokers offering high leverage, tight spreads, automated trading, hedging, scalping, and social trading. Exness stands out with commission options, zero spreads, and robust copy trading. In contrast, FBS emphasizes low spreads and fixed spread accounts, presenting competitive pricing alternatives. Both brokers support expert advisors and cater to traders with diverse preferences.
Fees & Commissions
| Fees & Commissions | FBS | Exness |
|---|---|---|
| Inactivity Feemonth | $0 | $0 |
| Deposit fee | $0 | $0 |
| Withdrawal fee | 0 $ | $0 |
| Rollover fee eurusd buy 1 lot | -6.69 | - |
| Rollover fee eurusd sell 1 lot | 0.24 | −0.65131 |
| Avg Eurusd standard acc | 0.9 pips | 1.2 pips |
| Gold | 15 | 0.3 |
| Brent oil | 4 pips | 4 pips |
| Bitcoin | 30 | 29 |
FBS appears to offer more favorable trading costs in contrast Exness. Exness provides spreads that are in line with industry norms, whereas FBS spreads are slightly lower. Furthermore, both brokers do not impose additional non-trading fees.
Account Types
| Feature | FBS | Exness |
|---|---|---|
| Account types |
|
|
FBS account options are more diverse than what Exness offers, Although both brokers offer Standard Accounts and Swap Free accounts, Exness goes further with offering MAM/PAMM accounts number of different account types for different trading needs and expertise.
Markets & Instruments
| Markets & Instruments | FBS | Exness |
|---|---|---|
| Forex | 43 | 100 |
| Indices | 11 | 10 |
| Commodities | 19 | 6 |
| Cryptocurrencies | 5 | 27 |
| Shares | 39 | ❌ |
| Bonds | ❌ | ❌ |
| Options | ❌ | ❌ |
| Binary options | ❌ | ❌ |
| Spread betting | ❌ | ❌ |
| Treasuries | ❌ | ❌ |
| Futures | ❌ | ❌ |
| Etfs | ❌ | ❌ |
The range of trading instruments available from both FBS vs Exness is relatively restricted, making them comparable in this regard. Additionally, both brokers provide a relatively small number of assets for trading.
Trading Platforms
| Feature | FBS | Exness |
|---|---|---|
| Platforms |
|
|
Both FBS vs Exness offer a variety of trading platforms, including proprietary platforms and industry-standard MetaTrader 4 and MetaTrader 5. Exness adds WebTrader to its options as well
Deposit & Withdrawal Methods
| Feature | FBS | Exness |
|---|---|---|
| Payment methods |
|
|
FBS vs Exness Deposit and withdrawal methods are similar with debit/credit cards and a variety of e-wallets.
Others
| Feature | FBS | Exness |
|---|---|---|
| Others |
|
|
FBS vs Exness both prioritize trader education and support, offering resources such as video tutorials to aid in skill development. Both additionally provide telephone support, live chat, and round-the-clock availability, ensuring continuous assistance for traders.
On the other hand, FBS goes further by offering seminars and webinars as a part of its educational program with video tutorials, telephone support, and live chat. Both brokers maintain a 24/7 availability, enhancing accessibility for traders seeking immediate help.
Conclusion on Exness vs FBS
In conclusion of FBS vs Exness comparison review, both brokers are reputable and well-regulated entities, offering a variety of account types and trading platforms. They prioritize trader education through instructional resources and webinars. Furthermore, both brokers offer robust customer support, with FBS distinguishing itself with lower spreads. Additionally, both brokers are recognized for providing competitive spreads. Here is our final recommendation:
- FBS –
Best Cent Account Broker for offering a perfect option with lower requirements and risks involved. - Exness — Best Zero Spread Broker characterized by low spreads and a transparent pricing model.
