FBSvs
FXCMCrypto Exchange Comparison
This comparison pits FBS, a crypto CFD broker with ultra-low minimum deposits, against FXCM, a long-standing platform with strong regulatory oversight and advanced trading tools.
Our Verdict
FXCM winsby 0.4 pts
FXCM edges FBS on overall editorial score, supported by higher trust/regulation and stronger platform tools. FBS remains attractive for a $1 minimum deposit but relies on offshore oversight.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FBS lists 6 crypto coins versus FXCM's 4.
- 2FXCM holds FCA/ASIC regulation; FBS operates with offshore oversight.
- 3FXCM offers a compensation scheme; FBS does not.
Who should choose FBS vs FXCM?
Find out which crypto exchange best suits your trading profile.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
Recommended
FXCM wins due to FCA/ASIC oversight and compensation protections.
Best for low fees
Recommended
FXCM wins for pricing transparency.
FBS vs FXCM: Side-by-Side Crypto Exchange Comparison
| Criteria |  FBS |  FXCM |
|---|---|---|
| Editorial score | 3.4/ 5 | 3.8/ 5 |
| Min Deposit | $1▼ lower | $50 |
| Spreads From | 0 pips▼ lower | 0.4 pips |
| Taker Fee | 20.00% | N/A |
FBS vs FXCM Crypto Exchange Pros & Cons
Pros
- $1 minimum deposit, widest accessibility in the industry
- MT4/MT5 with automated crypto trading support
- 24/7 multilingual support popular in Asian markets
Cons
- Offshore regulation (IFSC Belize) for most clients, minimal investor protection
- 3000:1 leverage creates extremely high-risk trading environment
FBS vs FXCM: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
0
FBS
criteria wins
2
FXCM
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | FBS | FXCM |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Fail |
| Transparent pricing page | Fail | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
FBS vs FXCM: Frequently Asked Questions
The scores are close: FBS rates 3.4/5 and FXCM rates 3.8/5. FXCM has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
FBS lists a lower spread from 0, compared with FXCM's 0.4. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
FBS has $1, while FXCM requires at least $50. This makes FBS more accessible for traders looking to start with a smaller crypto investment.
FXCM holds top-tier regulation (FCA, ASIC), providing stronger investor protections. FBS may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: FBS requires a lower minimum deposit ($1), lowering the barrier to entry, and FXCM provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
FBS offers up to 2:1 on perpetual or margin products, versus FXCM's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
FBS charges $20 per trade on commission-based accounts. Commission details for FXCM are not currently available. Check their website for up-to-date pricing. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
FBS supports MetaTrader 5, MetaTrader 4, while FXCM supports ZuluTrade, Proprietary Web/Mobile, MetaTrader 4, NinjaTrader. Both provide MetaTrader 4. FBS has exclusive access to MetaTrader 5. FXCM has exclusive access to ZuluTrade and Proprietary Web/Mobile and NinjaTrader.
