FBS vs Skilling Forex Broker Comparison
A head-to-head comparison of FBS and Skilling 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
Modern Swedish-founded broker with CySEC and FCA regulation, a visually polished proprietary platform, and cTrader for advanced traders - well-positioned for EU retail clients seeking a contemporary alternative to legacy MetaTrader brokers.
Our Verdict
Skilling winsby 0.2 pts
Skilling edges ahead with a score of 4.1/5 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
Recommended
FBS offers tighter spreads from 0 pips vs 0.7 pips for Skilling, reducing trading costs.
Best for safety & regulation
Recommended
Skilling has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for platform choice
Recommended
Skilling offers more exclusive platform options: cTrader, Skilling Trader, a proprietary platform.
Best for beginners
Recommended
Skilling edges out FBS with a higher editorial score (4.1/5 vs 3.9/5), indicating a stronger overall experience for new traders.
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▲ |
Fees & Spreads 30% weight | 4.0 / 5 | 4.2 / 5▲ |
Platforms & Tools 20% weight | 3.8 / 5 | 4.3 / 5▲ |
Customer Support 10% weight | 4.0 / 5 | 4.1 / 5▲ |
| Founded | 2009 | 2016 |
| Headquarters | Belize City, Belize | Valletta, Malta |
| Min deposit | $1 | $100 |
| Spreads from | 0 pips | 0.7 pips |
| Commission / lot | $20/lot | N/A |
| Max leverage | 3000:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | FSCA CySEC IFSC | FCA FSCA CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 cTrader Skilling Trader |
| Active bonuses | ||
| Visit broker | Visit FBS | Visit Skilling |
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
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
Clean modern Skilling Trader platform - excellent UX for new-to-intermediate traders
cTrader available with raw spreads from 0.0 pips
CySEC and FCA regulation with EU and UK investor protections
Growing Latin American presence with local-language support
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
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
$100 minimum deposit on standard accounts
Newer broker - less track record than IG or Pepperstone
Product range narrower than multi-asset brokers
No phone support
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
Based on our independent editorial scoring, Skilling ranks higher with a score of 4.1/5 vs 3.9/5 for FBS. The best choice still depends on your individual trading needs; FBS and Skilling may each suit different trader profiles.
FBS offers tighter spreads starting from 0 pips, compared to Skilling's spreads from 0.7 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
FBS has a lower minimum deposit of $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. Always verify regulatory status with the broker directly before depositing funds.
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 Skilling offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
FBS charges $20 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
FBS supports MetaTrader 4, MetaTrader 5 and Skilling offers MetaTrader 4, cTrader, Skilling Trader; both support MetaTrader 4; FBS exclusively offers MetaTrader 5; Skilling exclusively offers cTrader, Skilling Trader.
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