FBS vs InstaForex
Compare FBS vs InstaForex Side by Side
Selecting between FBS vs InstaForex and would like to see who is better Broker for your trading strategy? We made a detailed comparison between FBS Review and InstaForex Review, compared safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.
|Headquarter||Belize and Cyprus||Cyprus|
|Licenses||Australia, Cyprus, Belize, South Africa||Cyprus, Belize, Saint Vincent and the Grenadines|
|Minimum Deposit||1 US$||0 US$|
|Trading Platforms||MT4, MT5, FBS trader, CopyTrade||MT4, MT5, WebTrader, MobileTrader|
|Eurusd avg Spread||0.9 pips||2 pips|
|Licenses Countries Info (short)|
FBS vs InstaForex brokers both are based and regulated in Cyprus and additionally holding offshore licenses. However, the regulatory representation is a bit stronger for FBS for having Australia license, which considered to be a top-tier license.
Both FBS vs InstaForex Brokers are STP Brokers, which is better for price transparency. They are also ECN broker, offering high efficiency for automated trading and a variety of strategies suitable for both retail or institutional traders.
FBS vs InstaForex provide relatively similar trading conditions both being suitable for beginners and giving them opportunities to use different trading strategies such as hedging and scalping. The advantage of FBS’s offer are social and copy trading options which allow to follow different strategies available through the community or in the market place.
Trading costs for FBS vs InstaForex are very similar, as both brokers do not charge any inactivity and deposit/withdrawal fees, making them more attractive for traders. As to the spreads, FBS has a slight advantage here for offering lower spreads.
Both FBS and InstaForex work through Standard Accounts. Also, traders following Sharia rules may sign for a SWAP Free Account or Islamic account, which allows traders to open long-term positions. This option is available for both FBS and InstaForex traders. Same with the Cent Accounts that are generally more suitable for the beginners due to their much lower requirements and risks involved.
Trading instruments offered by both FBS vs InstaForex are quite limited, which make them similar. The number of the assets offered is also small for both brokers.
While FBS operates through its proprietary Trading Platform, InstaForex uses WebTrader platform instead. Also, both brokers offer popular MT4, MT5. An obvious advantage is that FBS has a CopyTrade App which is a highly rewarded and regarded social trading platform.
Deposit & Withdrawal Methods
FBS vs InstaForex deposit methods are similar, range of supported methods are alike.Both brokers offer bank transfers, debit/credit cards, and some popular e-wallets.
Both FBS vs InstaForex brokers placed their orientation on good support and guidance , you will find their Customer Support available 24-hours and accessible either through live chat, international phone lines, email. As to the education materials, FBS education is quite sustainable and well organized, also, one of the cores in InstaForex businesses is to support traders with education and analytics designed by professionals. This makes beginning traders feel very comfortable and supported, and of course, it is an essential part for trading success.
Conclusion on FBS vs InstaForex
Concluding FBS vs InstaForex comparison we found both brokers deliver reliable trading solutions. The offers of these brokers are quite similar, providing similar trading conditions and fees, a very similar set of the account types and payment methods. However, FBS offers lower spread and provides access to social trading platform giving an advantage to its traders and to the broker itself. Here is our final recommendation:
- FBS – 🥇Best Cent Account Broker for offering a perfect option with lower requirements and risks involved.
- InstaForex – 🥇Best ECN Account Broker characterized by Market execution and floating spreads.