FBS vs RoboForex Forex Broker Comparison
A head-to-head comparison of FBS and RoboForex across regulation, trading costs, platforms, and editorial scoring.
Offshore broker with CySEC and IFSC licensing, dominant in Southeast Asia and MENA through heavy localised marketing and generous bonuses - best evaluated on regulatory strength rather than promotion value.
VS
IFSC Belize-regulated broker with a genuine ECN/STP execution model, multiple platform options including cTrader, and a broad 12,000+ instrument range that goes beyond most forex-focused competitors.
Our Verdict
RoboForex winsby 0.1 pts
RoboForex edges ahead with a score of 4/5 vs FBS's 3.9/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
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
It's a tie
Both equally suited
Both brokers offer spreads from 0 pips.
Best for safety & regulation
It's a tie
Both equally suited
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Best for platform choice
Recommended
RoboForex offers more exclusive platform options: cTrader, Proprietary Web/Mobile, a proprietary platform.
Best for beginners
Recommended
RoboForex edges out FBS with a higher editorial score (4/5 vs 3.9/5), indicating a stronger overall experience for new traders.
FBS vs RoboForex: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.9/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.5 / 5 | 3.6 / 5▲ |
Fees & Spreads 30% weight | 4.0 / 5▲ | 3.9 / 5 |
Platforms & Tools 20% weight | 3.8 / 5 | 4.2 / 5▲ |
Customer Support 10% weight | 4.0 / 5 | 4.0 / 5 |
| Founded | 2009 | 2009 |
| Headquarters | Belize City, Belize | Belize City, Belize |
| Min deposit | $1 | $10 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $20/lot | $20/lot |
| Max leverage | 3000:1 | 2000:1 |
| Withdrawal fee | Free | Free |
| Regulators | FSCA CySEC IFSC | FSCA CySEC IFSC |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 cTrader Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit FBS | Visit RoboForex |
FBS vs RoboForex 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
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
Pros
12,000+ instruments including real stocks and ETFs
cTrader available with full Level II and cAlgo
Multiple account types from Cent to ECN
R Trader proprietary platform with built-in analytics
Client funds held in segregated accounts
Negative balance protection
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
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
Cons
Primary entity uses IFSC Belize - offshore, limited protection
ECN commission of $20 round-turn is higher than IC Markets ($7)
Very high leverage (2000:1) amplifies risk significantly
No top-tier regulatory licence
No investor compensation scheme
FBS vs RoboForex: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
FBS
criteria wins
2
RoboForex
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FBS | RoboForex |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | 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 | 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 RoboForex: Frequently Asked Questions
Based on our independent editorial scoring, RoboForex ranks higher with a score of 4/5 vs 3.9/5 for FBS. The best choice still depends on your individual trading needs; FBS and RoboForex may each suit different trader profiles.
Both FBS and RoboForex 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 RoboForex requires at least $10. This makes FBS more accessible for traders with limited starting capital.
FBS is regulated by FSCA, CySEC. RoboForex 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; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
FBS offers maximum leverage of 3000:1, while RoboForex offers up to 2000:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Both FBS and RoboForex charge the same commission of $20 per lot on applicable accounts.
FBS supports MetaTrader 4, MetaTrader 5 and RoboForex offers MetaTrader 4, MetaTrader 5, cTrader, Proprietary Web/Mobile; both support MetaTrader 4, MetaTrader 5; RoboForex exclusively offers cTrader, Proprietary Web/Mobile.
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