Xm vs fbs

XM provides the investors with 4 types of accounts, micro, zero, standard, and ultra-low, with low spreads. The micro account and standard account minimum deposit are $5. The zero accounts minimum deposit is $100 with the lowest spreads. A commission of $3.5 is charged for every $100,000 traded. Ultra-low account minimum deposit is $50 and allows the user to trade with micro or standard lots, and it also offers a lower spread.
FBS provides five account types: standard account, cent account, micro account, ECN account, VIP account, and zero spread accounts for international investors.
The standard account is for experienced users, and the cent account for beginners in the forex trading markets.
Both FBS and XM offer an islamic account service.

Today forex bonuses

FBS was founded in 2009 and since then has become one of the leading belize based brokers with more than 190 countries of presence, 16 000 000 traders, and 410 000 partners. XM was founded in 2009 as a cyprus-based forex and CFD broker, and it is regulated by cysec, and the british financial conduct authority (FCA). This broker was formerly known as XE markets and had several thousand traders around the world. The range of products offered by these forex brokers varies, and you’ll need to know more before choosing a broker that provides a wider range of tradable offerings, including currency pairs, indexes, commodities, shares, and cryptocurrencies, among others. Our comparative review of XM and FBS will help you choose the forex broker best suited to you.

XM vs FBS 2021

Overview

XM

Features

XM group was established in 2009. With a presence in 195 countries, XM group is one of the most popular online brokers registered by trading point holdings ltd.

XM is a broker based in cyprus and provides excellent services for trading foreign exchange. It offers a wide choice of instruments, which include cfds on commodities, indices, currency trading, energies, precious metals, and stocks on metatrader 4 and metatrader 5. 99.35% of XM’s trades are executed within one second. It also provides attractive bonuses and promotions for its traders.

XM is regulated by the cyprus securities and exchange commission (cysec). XM global limited was founded in 2017, and it is regulated by the international financial service commission (IFSC).

XM is an award-winning broker backed by excellent research. It provides educational tools for all types of traders, starting from beginner, advanced, and intermediate users who have different expertise in trading, and it offers features that are up to date. XM publishes research, market overview, XM TV, trade ideas, technical summaries, and forecasts on its website for traders.

At XM, all clients receive the same quality services, the same execution, and the same level of support regardless of net capital worth, account type, or size of the investment. All our

This broker provides over 1000 instruments that cover forex, indices, commodities, stocks, energies, 55+ currency pairs, and precious metals. XM offers trading platforms that are globally recognized, like metatrader 4 and metatrader 5 for mac, PC, ios, web, and android systems.

XM offers dow jones (US30) as cash and futures cfds. There is a 0.1% commission on the UK, french and german markets and a 0.04% commission on US markets.

Cfds on over 100 US, UK, and germany shares are available to trade on the XM platform.

Awards

Best customer service experience – global- awarded by global business awards 2020

Best FX service provider for 2020 – awarded by city of wealth management awards 2020

Best customer service global 2019 – awarded by capital finance international magazine (CFI.Co)

Best market research and education global 2019 – awarded by capital finance international magazine (CFI.Co)

Best FX service provider – awarded by city of london wealth management awards 2019

Best forex customer service – awarded by shares magazine

Best market research & education – awarded by capital finance international magazine (CFI.Co)

Best trading support for 2017 – awarded by capital finance international magazine (CFI.Co)

Best FX service provider for 2017 – awarded by city of london wealth management awards 2017

FBS

Features

FBS inc is one of the most popular online brokers with a presence in more than 190 countries. This broker has more than several million clients across five continents and is a prominent name in the trading industry.

FBS inc uses state-of-the-art technology on its website. FBS provides great trading conditions on both metatrader 4 and metatrader 5 trading platforms.

Like many leading brokers who operate in the international markets, FBS is regulated in the european union through the cyprus securities and exchange commission. This allows clients flexibility in leverage and other benefits, which include loyalty programs and trading bonuses.

Clients are provided maximum leverage of up to 1:30, and if you are a professional trader, you qualify for 1:500. By having an international subsidiary, FBS provides leverage as high as 1:3000 to its retail and professional traders.

To provide the best customer experience FBS organizes seminars and special events, providing its clients with training materials, cutting-edge trading technologies and latest strategies on the forex market.

Awards

Best FX IB program

Best FX broker indonesia

Best forex broker southeast asia

Best international forex broker

Best customer service broker asia 2016

Best forex brand, asia 2015

Best safety of client funds asia 2015

Best broker in asia-pacific region 2015

Best broker in the middle east

Best forex trading account 2018

Best copy trading application global – 2018

Best forex broker asia-2018

Best investor education – 2017

Best FX IB program – china 2017

The most progressive forex broker europe 2019

Best forex broker vietnam 2019.

Comparison of pros and cons

Let’s take a look at the pros and cons of these brokers:

XM	FBS
pros
regulated by top-tier authorities like cysec, ASIC, IFSC	regulated by top-tier regulatory bodies like IFSC and cysec
the minimum deposit is very low and provides demo account for its traders	minimum deposits are low and provide a demo account for its members
offers attractive bonus and promotions	offers a variety of promotions
provides negative balance protection	provides negative protection, and traders can use stop orders for minimizing the trading risks
provides excellent trading platforms	FBS provides great live support
cons
does not accept traders from the US, canada, and israel	provides limited trade instruments

Comparison – general features

features	XM group	FBS
established in	2009	2009
headquartered in	cyprus	belize
minimum deposit	$5	$1
fees
inactivity fee	Y	Y
commission	N	N
deposit fee	N	N
withdrawal fee	N	N
minimum trade	0.01 lot	0.1 lot
maximum trade	50 lots	none
account types
VIP account	N	Y
micro account	Y	Y
standard account	Y	Y
zero spread account	Y	Y
demo account	Y	Y
islamic account	Y	Y
funding methods
bank transfer	Y	Y
american express	N	N
credit card	Y	Y
neteller	Y	Y
skrill	N	N
paypal	N	N
bitcoin	N	N
trading instruments
forex	Y	Y
indices	Y	Y
majors	Y	Y
dow jones	Y	N
penny stocks	N	N
IPO	Y	N
FTSE	Y	N
energy	Y	N
metals	Y	Y
etfs	Y	Y
agricultural	N	N
bitcoin	N	N
other features
social trading	N	N
forex variable spreads	Y	N
price alerts	Y	N
scalping	Y	Y
fixed spreads	N	Y
hedging	Y	Y
limit orders	N	Y
stop-loss orders	Y	N
one click trading	Y	Y
trailing stops	Y	N
expert advisors	Y	Y
virtual private server	Y	Y
market maker	Y	Y
direct market access	N	N
trading signals	Y	Y
ECN broker	N	N
STP broker	N	Y

Comparison – regulation and safety

XM

XM is regulated by the australian securities and investment commission and also by the international financial services commission of belize.

This broker is regulated by cysec, which provides a guarantee to clients funds. Clients funds are covered through compensation schemes. All their deposits with regulated brokers in cyprus are covered with 20,000 euros per client, and they are guaranteed by the investor compensation fund.

Risk warning – your capital is at risk. Between 74-89% of retail investor accounts lose money when trading cfds.

FBS

FBS is regulated in cyprus by the cyprus securities and exchange commission(cysec) and the international financial services commission (IFSC) in belize. These licenses help this broker to service clients throughout the european union and around the world. FBS does not service a few countries like the US, japan, UK, canada, malaysia, israel, myanmar, brazil, and the islamic republic of iran.

FBS provides european traders negative balance protection since it has obtained a cysec license in 2017.

XM brokers vs FBS – commissions and spreads

XM

Not all of XM’s trading accounts are available for fixed spreads. XM provides variable spreads; it offers commission-free accounts that are 1.7 pips on currency pairs like EUR/USD. Zero account spreads are averaged to 1.1 pips on currency pairs like EUR/USD. Trading costs on zero spread account amount to 0.8 pips, which includes commission. You can open a zero trading account with a minimum deposit of $100. As a market maker, XM group may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements, and no commission on trades.

FBS inc

This broker offers the following types of spreads –

Fixed starting from 3 pip

At FBS, the average spread for one of the most popular currency pairs, the EUR/USD, is 1 pip.

Floating starting from 0.2 pip

Trading without spread – the fixed spread of zero pip

The value and the spread are determined by the account type used by the user

Comparison of XM and FBS – trading instruments

XM has a wide range of CFD instruments that are available to trade on their platform. It offers 6 asset classes that can be traded in more than 1000 instruments. Some of the trading costs like spreads, overnight swap rates, and commissions vary depending upon the instrument being traded and the account type.

FBS provides users around 75 trading instruments that include forex, energies, indices, stocks, and metals. Some of the trading costs like spreads, overnight swap rates, and commissions vary based on the instrument and the account type of the user.

Risk warning – your capital is at risk. Between 74-89% of retail investor accounts lose money when trading cfds.

Comparison of XM and FBS – account types

XM provides the investors with 4 types of accounts, micro, zero, standard, and ultra-low, with low spreads. The micro account and standard account minimum deposit are $5. The zero accounts minimum deposit is $100 with the lowest spreads. A commission of $3.5 is charged for every $100,000 traded. Ultra-low account minimum deposit is $50 and allows the user to trade with micro or standard lots, and it also offers a lower spread.

FBS provides five account types: standard account, cent account, micro account, ECN account, VIP account, and zero spread accounts for international investors.

The standard account is for experienced users, and the cent account for beginners in the forex trading markets.

Both FBS and XM offer an islamic account service.

FBS account types

XM brokers vs FBS – mobile trading platforms

XM users can download trading platforms MT4 and MT5 from the google play store and apple app store.

FBS also provides its users access to mobile trading through metatrader 4, metatrader 5; FBS trader mobile trading apps are available for both IOS and android devices. Links to the app can also be found on the broker’s website client portal area.

XM brokers vs FBS – leverage

Brokers provide leverage to customers so they can trade larger amounts than they have on deposit. Many people who start trading tend to go with brokers with the biggest leverage possible. They ultimately lose money when trading because of over-leveraging their accounts blowing them in a short space of time.

Leverage can be good in forex, though, so it just needs to be used wisely.

XM provides flexible leverage of 1:1 to 1:500. By using leverage, the user can trade positions larger than the amount in the trading account. The leverage is always expressed in ratios like 1:50,1:100, and 1:500.

FBS offers of up to 1:3000, and the user can execute orders by using this amount exceeding initial deposits that can make more money as profit with smaller investments.

Risk warning – your capital is at risk. Between 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.

Comparison of XM brokers vs FBS – trading platforms

XM

XM trading platforms

XM provides both trading platforms MT4 and MT5. Metatrader 4 offers technical indicators, expert advisors(eas), advanced charting packages, and extensive backtesting options.

According to various XM reviews , XM also provides a free virtual private server (VPS) for both existing and new users of XM. With a minimum deposit of $5,000 and they need to trade a minimum of 5 round turn lots a month. It allows VPN hosting 24 hours, 5 days a week.

FBS

FBS trading platforms

FBS inc is an STP broker and offers its users metatrader 4, metatrader 5, and the mobile trading platform. Metatrader 4 is one of the most popular trading platforms because of its technical indicators, extensive backtesting environment, advanced charting tools, expert advisors. These features allow users to automate their trading. Metatrader 4 is available on desktop and mobile.

FBS trader is the proprietary trading platform app available on android and IOS devices for all types of accounts.

Risk warning – your capital is at risk. Between 74-89% of retail investor accounts lose money when trading cfds.

XM brokers vs FBS – bonus and promotions

XM

Welcome bonus

XM provides a deposit bonus of 15% as a welcome bonus account of up to $500 or currency equivalent

The bonus is credited automatically and instantly

Users can deposit more to maximize their bonus amount

Available in metatrader 4 and metatrader 5 accounts

This is a non-withdrawable bonus.

XM loyalty program

XM loyalty program offers rewards and incentives to users. It also offers a special seasonal bonus a few times a year available for a limited period. It also provides a highly exclusive bonus available only on an invitation basis.

Refer a friend

XM has a “refer a friend program” where you can invite your friends to start trading on the platform. You can earn up to $35 for each reference.

Free VPS services

XM provides free 24×7 VPS services. This eliminates downtime when you are trading on the platform. It also helps speed up trades ideal for eas.

FBS

FBS deposit bonus

Bonus and promotions

Get a car from FBS

FBS trader parties

100% deposit bonus

Trade 100 bonus

Cashback

FBS loyalty program

FBS provides “FBS loyalty program” whereby joining this program the traders have a chance to get silver, gold, platinum, or green status prices which includes rolex watches, a brand new car, or a trip to FBS headquarters. The users get the prices in exchange for the points earned by attracting new clients or by trading.

Free VPS

FBS inc provides free VPS, if the trader deposits $450 and trades 3 lots in the first month, they get a free VPS (virtual private server), and they can use it for free if they continue to trade three lots each month.

Comparison of deposit and withdrawal methods

XM accepts several local payment methods, including credit card, debit card, neteller, skrill, bank transfer, and several more. The website accepts deposit and withdrawal transfer fees that are made through moneybookers, neteller, skrill, and all major credit cards like visa, visa electron, mastercard, maestro, and china unionpay. All withdrawals and deposits more than $200 are processed by a bank transfer, which is included in the zero fees policy

FBS inc website provides a wide choice of deposit methods such as bank transfer, neteller, skrill, visa, sticpay, bitwallet, perfect money, and several more. All deposit methods are free of charge with the exception of instant deposits with sticpay, which charges commission. Withdrawal charges are based on commission, neteller withdrawal has a commission of 2%, skrill withdrawal has a commission of 1% plus $0.32 commission. Withdrawals through e-wallets are processed in 48 hours.

Comparison of education

XM provides live education, platform tutorials, and videos. Webinars are offered seven days a week in 18 languages by several webinar instructors. The live education room is divided into basic and advanced rooms. They cover the trading session analysis, trading fundamentals, and a Q&A section. Users can access these rooms for free.

FBS inc offers a wide choice of educational resources, including guide books, webinars, tips for traders, seminars, glossary sections, and video lessons. Online training courses guide new, intermediate, and advanced traders. Video lessons cover a wide range of topics for traders with different levels of expertise. It also hosts webinars that help users register for an online program.

Comparison of customer care

XM provides customer support 24×5, and they can be contacted from monday through friday via email, phone, and live chat. They also offer customer support in english, simplified chinese, greek, traditional chinese, german, russian, french, spanish, italian, polish, arabic, portuguese, and romanian.

FBS inc. Customer support can be contacted 24X7 through online live chat, call back service, facebook, telegram, and messenger in english, french, spanish, portuguese, malaysian, and arabic. Support covers issues regarding verification and registration, recovering and changing personal data, trading conditions, financial operations, trading platform, etc.

Wrap up

When it comes to forex brokers, you want to make sure that the broker you’re looking at is transparent and trustworthy. A market maker has information that is not available to anyone else in the general public, so aligning yourself with them will ensure the validity of the information you receive. Both XM and FBS are market makers and provide several features like different types of trading accounts, demo accounts, and excellent customer care. If you are an experienced trader, you can sign up with XM that offers low variable spreads, and choose to trade with metatrader 4 or metatrader 5.

FAQ’s

1. Which broker has lower trading costs and fees?

Both brokers provide low-cost trading opportunities equally. FBS charges withdrawal and deposit fees, while XM group charges inactivity fees but has lower non-trading fees.

2. Which broker is more reliable, XM group or FBS inc?

XM is the more reliable broker since it is regulated by the financial conduct authority, ASIC, IFSC, and cysec, and provides negative balance protection; FBS is regulated by IFSC, cysec and also provides negative balance protection.

3. What trading platform does each broker host?

FBS inc. And XM group host both metatrader 4 and metatrader 5. Features include one click trading, mobile trading, pending orders, and trailing stop-loss.

Investment advice – your capital is at risk. Trade with caution. These products might not be suitable for everyone, so make sure you understand the risks involved.

Xm vs fbs

Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.

However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, XM provides their pricing with variable while FBS offers fixed.

XM vs FBS: who hosts the best trading platform?

The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.

To support their clients, XM enables trading with metatrader 4, metatrader 5. The offer is supported with mobile trading, one-click trading, trailing stop, pending orders. In comparison, FBS provides trading with metatrader 4 (limited with 45 days of inactivity) with the support of mobile trading, one-click trading, trailing stop, pending orders.

Is XM or FBS better in providing the trading instruments?

It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.

In this case, XM supports trading with forex, gold & silver, CFD, oil, cryptocurrencies, while FBS presents the ability of trading with forex, gold & silver, CFD, futures.

In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, metatrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.

Looking for more references? Here are other comparisons related to XM and FBS:

To add more insights in your exploration, we have gathered the most popular broker comparisons in our site, chosen by our visitors:

Broker XM vs. FBS

When choosing a broker, it becomes quite tough as it has to be as per your unique requirements and how well they suit you with their services. You should consider many points before opting for a broker, like – if the broker is regulated? From how many years they are providing the services? Is the broker renowned? Are there any restrictions or penalties levied? Do they have a website? Is the broker listed publicly? What is the registered location for the broker? The list goes on.

We have answered all these questions for you in this article for the very famous brokerage houses, XM group and FBS inc.

Broker XM vs. FBS

XM group has 55 currency pairs, compared to 28 offered by FBS inc. However, FBS offers bigger leverage up to 1:3000 and XM up to 1:888. If you are looking out for a broker to satisfy your desires for having a vast range of instruments, you may opt for XM group. In contrast, if you are looking for a broker offering VIP accounts, FBS inc can be a good choice for you.

1. Regulations XM vs. FBS

If we compare broker XM vs. FBS, ASIC, cysec, and IFSC regulate the XM group, whereas ESMA and cysec, IFSC regulates FBS . The regulation part makes both the traders reliable and trustable among the traders.

2. Years in the market XM vs. FBS

It is always good to opt for a broker providing services in the market for a long time, as it increases their reliability, and you can be assured with quality services. Many brokers claim to give assured returns in a short period, but as a trader, you must apply your senses and choose the renowned one.

The broker should also have the services to provide a good risk management process to its clients; it helps clients save their money in crisis times. If we talk about XM vs. FBS, XM, and FBS, both have been in this business for the last eleven years, making both of them a lucrative choice.

3. Holding money account XM vs. FBS

While choosing a broker, you should be aware of the account where you are depositing the money; it should be different from how the broker uses itself for daily expenses and paying its staff.

Most of the brokers have a separate bank account to deposit clients’ money. In the case of XM vs. FBS, both follow this regulation and segregate bank accounts for clients.

4. The choice of investment bank XM vs. FBS

The investment banks that your broker chose to play an important role. If they are using goldman sachs, barclays, HSBC, JP morgan, etc., which are tier one banks, it is impressive and beneficial. Most of the tier one banks like HSBC are in the market for more than a century, in addition to that, they manage assets worth more than trillions; thus, they are trustable. Both FBS and XM use tier one investment banks.

5. Penalties or fines XM vs. FBS

It is a big red flag if the broker you are about to opt for has been involved in any illegal activities and has been penalized or fined. So, it becomes important to verify the background before choosing a broker, as it would affect you.

6. Popularity XM vs. FBS

People choose brokers that they think are reliable, so the more the popularity, the better it is in most cases.

7. Public listing XM vs. FBS

If a broker is registered publicly on a stock exchange platform, it is considered reputable and trusted. The reason behind it is the fact that in those cases, the broker would have to disclose the financial and company data to the public from time to time. However, XM and FBS are private companies.

8. The official location XM vs. FBS

If you notice, renowned brokers mostly have their headquarters situated in a significant capital city where there is a financial hub, for example, cyprus. The XM group is located at level 13, 333 george street sydney, NSW 2000, australia and no.5 cork street, belize city, belize, C.A, and the FBS inc vasileos georgiou A 89, office 101, potamos germasogeias 4048, limassol, cyprus.

Features offered by the broker XM vs. FBS

The primary goal of choosing a broker is to have the features you want to ease your trading. Though if you are confused about it, here are three things that you can check on while selecting a broker.

Instruments and services

If you are into forex trading, you can have this service at XM and FBS. At XM group, you can have more than 55 currency pairs, while FBS has around 28 currency pairs.

If you also want to trade other assets such as commodities (silver, gold, oil, etc.) or cryptocurrencies, XM can be a better choice as FBS does not have services for trading commodity products.

Account type and selection of platform

At present, MT4 is a very famous trading platform, and if you are choosing a broker, you would obviously want to avail yourself of the facility to trade on such popular platforms. Well, XM group and FBS inc offer the facility to trade on this popular trading platform. They even have the latest MT5 platform.

Along with accounting platforms, account type is a crucial point, too. The account type you chose should accommodate your needs and preferences. There are various account types offered by FBS and XM.

You could choose from a standard account, mini account, or a VIP account if you chose FBS, while XM gives unique options such as an islamic account for muslim investors and traders. The reason behind this separate islamic account is the fact that it is prohibited to have interest or trade swaps points as per shariah law, which is taken care of here.

Risk management, trading tools, and funding

Different traders have different trading styles like hedging, scalping, etc. Thus, you need to know before choosing a broker to let you trade in your trading style. Both XM group and FBS inc provide hedging and scalping trading styles. You can also have the services of expert advisors (eas) on both of these broker platforms.

For risk management, XM gives negative balance protection to prevent more debt towards the broker than the deposited amount. FBS does not have this facility. Other risk management tools include stop loss, price alerts, limit orders, etc.

The last thing on this list is funding, for which both XM and FBS use neteller.

The fee structure XM vs. FBS

Like the trading tools, the fee structure should also be analyzed to profit in the end, and it does not pay your broker. Many a time, there are separate fees for various tools and instruments.

The XM applies 0.10 points to trade EUR/USD, whereas FBS has lower charges for this instrument, making it more affordable. Many brokers charge for inactive accounts, deposits, and withdrawals, along with charging a commission. So, it would help if you did your own research before opting for a broker.

The bottom line: XM vs. FBS

According to diverse needs, you can choose a broker that fits you, and as a result, there is nothing like an ideal broker.

Overall, if we compare, XM definitely has more bonus points compared to FBS as it has more trading instruments, products, and risk management in place. Though both the brokers provide traders with a demo account to help them understand their services, you can try them before opting for one.

Compare forex brokers XM VS fbs

XM VS FBS

FBS overview

FBS markets is an online forex and CFD broker located in belize. The broker offers forex, stock, cfds and metals for trading on its platforms, which include the MT4 and MT5.

XM overview

XM is a cysec, ASIC and IFSC regulated, multi-asset class broker offering to trade on more than 1,000+ tradable CFD’S on forex, stocks, commodities, indices, metals and energies on the globally-recognised trading platforms metatrader 4 and metatrader 5 for PC, mac, web, ios and android systems.

#	broker's features	XM availability	FBS availability
#	commissions	❌	✔
#	hedging	✔	✔
#	PAMM	❌	❌
#	scalping	✔	✔
#	accepts US traders	❌	❌
#	24 hour trading	✔	✔
#	swaps	✔	✔
#	demo account	✔	✔
#	daily analysis	❌	✔
#	automated trading	✔	✔
#	mobile trading	✔	✔
#	trading by phone	❌	✔
#	1st deposit bonus	❌	❌
#	forex contests competitions	✔	✔
#	bonuses promotions	✔	✔
#	interest charges on the balance	✔	❌
#	free education	❌	❌
#	expert advisors	❌	❌
#	partnership programs	❌	❌
#	trust management	❌	❌
#	24 hour support	✔	✔

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.Net team collected over 50 data points. For this review, we will compare XM vs fbs.

Financial trading and investment services: first of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, cfds, cryptocurrencies or options. XM offers online financial trading and investment services such as CFD, forex, cryptocurrency, stocks, futures, while fbs offers currencies, stocks.

Broker type: many types of brokers can be found in the most dynamic market in the world. XM is market maker, while fbs is ECN, no dealing desk, STP.

Minimum deposit requirement: to compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a forex brokerage. XM recommended minimum capital is 5, while fbs has a minimum deposit requirement of 1.

Is the forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. XM is regulated by ASIC, cysec, IFSC, while fbs regulated by cysec, IFSC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: next lets consider the account currencies each broker offers. XM offers EUR, USD, GBP, JPY, CHF, HUF, PLN, RUB, SGD, ZAR, different account currencies for each account types, while fbs offers EUR, USD, THB account currencies.

Languages available: next lets have a look at each broker's different language options. XM offers english, arab, bulgarian, vietnamese, greek, indonesian, spanish, italian, chinese, korean, malay, deutsch, polish, portuguese, russian, turkish, french, swede, japanese, while fbs offers english, indonesian, malay, chinese, japanese, kor customer support languages.

Payment methods: next lets have a look at each broker's payment options. XM offers credit/debit cards, netteler, skrill, klarna, przelewy 2 different payment methods for each account types, while fbs offers visa/mastercard, bank wire transfer, neteller, skrill, webmoney, perfect money, okpay, fasapay; local indonesian banks: bank central asia, mandiri, ba payment methods.

Trading platforms: next, let's look at the tools and features fx traders desire. With trading platforms, XM makes MT4, MT5, webtrader available to clients, while fbs offers MT4, MT5.

The verdict: XM or fbs?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, XM is more reliable based on our criteria above. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. XM broker is regulated in more major hubs. XM offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. XM offers a wider range of account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. Customer service in your national language might not be a major concern for traders based in english-speaking countries, but it is a defining requirement for traders from other regions such as asia and south america. XM has a wider range of languages in which customer service is offered making the broker more accessible. As a market maker, XM may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.

What we really like on XM

XM has low trading fees. The account opening is user-friendly and fast. From a demo account to webinars, you can use a lot of educational tools.

What we’d like more on XM

XM has a limited product portfolio as it offers only cfds, forex, and crypto. The research tools are limited as no fundamental data and news are provided. Lastly, it charges a monthly $5 fee after 90 days of inactivity.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable personalised broker based on your precise requirements here.

Xm vs fbs

XM vs FBS: who hosts the best trading platform?

Is XM or FBS better in providing the trading instruments?

In this case, XM supports trading with forex, gold & silver, CFD, oil, cryptocurrencies, while FBS presents the ability of trading with forex, gold & silver, CFD, futures.

Looking for more references? Here are other comparisons related to XM and FBS:

To add more insights in your exploration, we have gathered the most popular broker comparisons in our site, chosen by our visitors:

Compare forex brokers XM VS fbs

XM VS FBS

FBS overview

FBS markets is an online forex and CFD broker located in belize. The broker offers forex, stock, cfds and metals for trading on its platforms, which include the MT4 and MT5.

XM overview

#	broker's features	XM availability	FBS availability
#	commissions	❌	✔
#	hedging	✔	✔
#	PAMM	❌	❌
#	scalping	✔	✔
#	accepts US traders	❌	❌
#	24 hour trading	✔	✔
#	swaps	✔	✔
#	demo account	✔	✔
#	daily analysis	❌	✔
#	automated trading	✔	✔
#	mobile trading	✔	✔
#	trading by phone	❌	✔
#	1st deposit bonus	❌	❌
#	forex contests competitions	✔	✔
#	bonuses promotions	✔	✔
#	interest charges on the balance	✔	❌
#	free education	❌	❌
#	expert advisors	❌	❌
#	partnership programs	❌	❌
#	trust management	❌	❌
#	24 hour support	✔	✔

Broker type: many types of brokers can be found in the most dynamic market in the world. XM is market maker, while fbs is ECN, no dealing desk, STP.

Trading platforms: next, let's look at the tools and features fx traders desire. With trading platforms, XM makes MT4, MT5, webtrader available to clients, while fbs offers MT4, MT5.

The verdict: XM or fbs?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

What we really like on XM

XM has low trading fees. The account opening is user-friendly and fast. From a demo account to webinars, you can use a lot of educational tools.

What we’d like more on XM

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable personalised broker based on your precise requirements here.

Xm forex vs fbs

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Compare forex brokers XM VS fbs

XM VS FBS

FBS overview

FBS markets is an online forex and CFD broker located in belize. The broker offers forex, stock, cfds and metals for trading on its platforms, which include the MT4 and MT5.

XM overview

#	broker's features	XM availability	FBS availability
#	commissions	❌	✔
#	hedging	✔	✔
#	PAMM	❌	❌
#	scalping	✔	✔
#	accepts US traders	❌	❌
#	24 hour trading	✔	✔
#	swaps	✔	✔
#	demo account	✔	✔
#	daily analysis	❌	✔
#	automated trading	✔	✔
#	mobile trading	✔	✔
#	trading by phone	❌	✔
#	1st deposit bonus	❌	❌
#	forex contests competitions	✔	✔
#	bonuses promotions	✔	✔
#	interest charges on the balance	✔	❌
#	free education	❌	❌
#	expert advisors	❌	❌
#	partnership programs	❌	❌
#	trust management	❌	❌
#	24 hour support	✔	✔

Broker type: many types of brokers can be found in the most dynamic market in the world. XM is market maker, while fbs is ECN, no dealing desk, STP.

Trading platforms: next, let's look at the tools and features fx traders desire. With trading platforms, XM makes MT4, MT5, webtrader available to clients, while fbs offers MT4, MT5.

The verdict: XM or fbs?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

What we really like on XM

XM has low trading fees. The account opening is user-friendly and fast. From a demo account to webinars, you can use a lot of educational tools.

What we’d like more on XM

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable personalised broker based on your precise requirements here.

Xm forex vs fbs

Xm forex trading review 2019 scam or trusted broker

Beste forex rabatte service tagliche und wochentliche rabatte

Ilovetradeforex instagram stories photos and videos

Xm review 2019 reviews tutorials pros cons comments

Trading bonus without deposit xm

Fxrobot2016 69 real live accounts with investor facebook

Forexvps ! Instagram photos and videos instagram viewer authgram com

Top 10 best lowest spread forex brokers 2019 tight spread brokers

7 reasons to trade at xm xm review 2019

Xm broker review regulated forex broker belize

Xm vps server free likerebateforex

Xm zero account review all about forex world

Exness vs fbs inc 2019 comparison

Fbs trading erfahrungen online cfd forex broker testbericht

so, let's see, what was the most valuable thing of this article: looking for a forex broker? Then check XM vs FBS broker comparison to find which one is best for you in 2021 by comparing their features, cost & more. At xm vs fbs