FBSvs
SkillingForex Broker Comparison
Two brokers face off with different regulatory profiles and platform ecosystems. The tension centers on safety versus cost and versatility.
Our Verdict
Skilling winsby 0.2 pts
FBS and Skilling remain closely matched, but Skilling offers stronger regulation and investor protections.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Top-tier regulation with FCA and CySEC versus offshore IFSC Belize licensing.
- 2Proprietary Skilling platform versus no proprietary platform from FBS.
- 3Skilling offers more instruments (1000) than FBS (550).
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 0.70 pips for Skilling, reducing trading costs.
Best for safety & regulation
Recommended
FBS vs Skilling: 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 | 4.3 / 5▲ |
FBS vs Skilling 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 Skilling: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
FBS
criteria win
4
Skilling
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FBS | Skilling |
|---|---|---|
| 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 | 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 | Fail |
| Multilingual support | Pass | Pass |
FBS vs Skilling: Frequently Asked Questions
The scores are close: FBS rates 3.9/5 and Skilling rates 4.1/5. Skilling 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 Skilling's 0.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
FBS has $1, while Skilling requires at least $100. This makes FBS more accessible for traders with limited starting capital.
Skilling 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: 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 Skilling lists up to 500:1. 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 Skilling are not currently available. Check their website for up-to-date pricing.
FBS supports MetaTrader 5, MetaTrader 4, while Skilling supports cTrader, Skilling Trader, MetaTrader 4. Both provide MetaTrader 4. FBS has exclusive access to MetaTrader 5. Skilling has exclusive access to cTrader and Skilling Trader.
