FBSvs
FXCMForex Broker Comparison
In this head-to-head, FBS and FXCM compete on regulation, pricing, and platforms. The axis of tension centers on perceived safety versus cost efficiency.
Our Verdict
FXCM winsby 0.2 pts
FXCM is FCA/ASIC regulated while FBS is not, but the pair remains closely matched overall.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FXCM holds FCA/ASIC regulation; FBS does not.
- 2FXCM provides a proprietary Trading Station platform; FBS does not.
- 3FXCM delivers advanced charting tools; FBS lacks them.
Who should choose FBS vs FXCM?
Find out which broker best suits your trader profile.
Choose FBS if…
Choose FBS if you want no inactivity fee and access to raw spreads across Cent, Zero Spread, and ECN accounts, plus broad instrument coverage. That combination appeals to cost-conscious traders seeking tighter quoted costs in a wider market scope.
Choose FXCM if…
Choose FBS if you want no inactivity fee and access to raw spreads across Cent, Zero Spread, and ECN accounts, plus broad instrument coverage. That combination appeals to cost-conscious traders seeking tighter quoted costs in a wider market scope.
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 0.40 pips for FXCM, reducing trading costs.
Best for safety & regulation
Recommended
FBS vs FXCM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.9/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.5 / 5 | 4.1 / 5▲ |
FBS vs FXCM Forex Broker Pros & Cons
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
FBS vs FXCM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
FBS
criteria wins
4
FXCM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FBS | FXCM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
FBS vs FXCM: Frequently Asked Questions
The scores are close: FBS rates 3.9/5 and FXCM rates 4.1/5. 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 starts from 0 pips, tighter than FXCM's 0.4 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
FBS has $1, while FXCM requires at least $50. This makes FBS more accessible for traders with limited starting capital.
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 both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FBS lists maximum leverage of 3000:1, while FXCM lists up to 400:1. 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 FXCM are not currently available. Check their website for up-to-date pricing.
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.
