ATFXvs
FBSForex Broker Comparison
This comparison pits a regulation-rich broker against an offshore-leaning rival, testing trust, pricing, and platform choices across regions.
Our Verdict
ATFX winsby 0.3 pts
ATFX edges FBS on editorial score for a stronger overall rating.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Top-tier regulation: ATFX holds FCA/CySEC; FBS lacks top-tier regulator.
- 2Investor compensation: ATFX offers compensation scheme; FBS does not.
- 3Platform availability: ATFX uses MT4 only; FBS offers MT4 and MT5.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
FBS offers tighter spreads from 0.00 pips vs 1.80 pips for ATFX, reducing trading costs.
Best for safety & regulation
Recommended
ATFX vs FBS: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 3.9/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 3.5 / 5 |
ATFX vs FBS Forex Broker Pros & Cons
Pros
FCA (UK), CySEC (EU), and FSCA (SA) licensing
300+ instruments including ETF CFDs and bond CFDs
FSCS protection up to GBP 85,000 for UK clients
No minimum deposit, no inactivity fee
Client funds held in segregated accounts
ATFX vs FBS: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
ATFX
criteria wins
1
FBS
criteria win
Highlighted rows show where the two brokers differ
| Criteria | ATFX | FBS |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | 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 |
ATFX vs FBS: Frequently Asked Questions
The scores are close: ATFX rates 4.2/5 and FBS rates 3.9/5. ATFX 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 starts from 0 pips, tighter than ATFX's 1.8 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
ATFX has no minimum deposit, while FBS requires at least $1. This makes ATFX more accessible for traders with limited starting capital.
ATFX holds top-tier regulation (FCA, FSCA, CySEC), 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: ATFX has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
ATFX lists maximum leverage of 400:1, while FBS lists up to 3000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FBS charges $20 per lot on commission-based accounts. Commission details for ATFX are not currently available. Check their website for up-to-date pricing.
ATFX supports MetaTrader 4, while FBS supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. FBS has exclusive access to MetaTrader 5.
