A head-to-head comparison of AMarkets and FBS across regulation, trading costs, platforms, and editorial scoring.
SVG FSA-regulated broker with genuine ECN conditions on MT4, MT5, and cTrader, a well-regarded PAMM system, and an established following in Russia, Ukraine, and Central Asia.
FBS edges ahead with a score of 3.9/5 vs AMarkets's 3.8/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0 pips.
FBS has a stronger safety profile: segregated funds, negative balance protection.
AMarkets offers more exclusive platform options: cTrader.
FBS edges out AMarkets with a higher editorial score (3.9/5 vs 3.8/5), indicating a stronger overall experience for new traders.
| Editorial score | 3.8/ 5 | 3.9/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 3.5 / 5▲ |
Fees & Spreads 30% weight | 4.0 / 5 | 4.0 / 5 |
Platforms & Tools 20% weight | 4.1 / 5▲ | 3.8 / 5 |
Customer Support 10% weight | 3.9 / 5 | 4.0 / 5▲ |
| Founded | 2007 | 2009 |
| Headquarters | Kingstown, Saint Vincent and the Grenadines | Belize City, Belize |
| Min deposit | $100 | $1 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $6/lot | $20/lot |
| Max leverage | 3000:1 | 3000:1 |
| Withdrawal fee | Free | Free |
| Regulators | SVGFSA | FSCA CySEC IFSC |
| Platforms | MetaTrader 4 MetaTrader 5 cTrader | MetaTrader 4 MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit AMarkets | Visit FBS |
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Very low $1 minimum deposit on Cent accounts
MT4 and MT5 on all account types
Multiple account types including Cent, Zero Spread, and ECN
Widely available across Southeast Asia, MENA, and Africa
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
SVG FSA registration only - no meaningful retail investor protection
No EU or Tier 1 licensed entity
Very high leverage (3000:1) is a risk amplifier
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Cons
Primary entity uses IFSC Belize - offshore, limited investor protection
Bonus turnover requirements are onerous
Very high leverage (3000:1) is a significant risk factor for retail clients
No top-tier regulatory licence
No investor compensation scheme
No proprietary platform
Limited charting capabilities
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | AMarkets | FBS |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Based on our independent editorial scoring, FBS ranks higher with a score of 3.9/5 vs 3.8/5 for AMarkets. The best choice still depends on your individual trading needs; AMarkets and FBS may each suit different trader profiles.
Both AMarkets and FBS offer spreads starting from 0 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.
FBS has a lower minimum deposit of $1, while AMarkets requires at least $100. This makes FBS more accessible for traders with limited starting capital.
AMarkets is regulated by SVGFSA. FBS is regulated by FSCA, CySEC. Always confirm a broker's current regulatory status before opening an account.
For beginners: FBS has a lower minimum deposit ($1), lowering the barrier to entry; FBS offers negative balance protection, capping losses at your deposit amount. Also weigh up educational resources and customer support quality before deciding.
AMarkets offers maximum leverage of 3000:1, while FBS offers up to 3000:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
AMarkets charges $6 per lot, lower than FBS's $20 per lot. Lower commissions benefit active traders who execute many trades per day.
AMarkets supports MetaTrader 4, MetaTrader 5, cTrader and FBS offers MetaTrader 4, MetaTrader 5; both support MetaTrader 4, MetaTrader 5; AMarkets exclusively offers cTrader.
Open an account directly with the broker that suits you best.
Score 3.8 / 5
Personalised recommendation
Answer 6 quick questions and we'll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker