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15 alternatives Expert-reviewed Updated 2026

FBS vs Top 15 Alternatives — Side-by-Side Comparison (2026)

15 top-rated brokers compared to FBS (rated 3.9/5). Every alternative is independently scored on fees, regulation, demo accounts, and platforms.

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Deriv

4.0
Open Account

Capital at risk · T&Cs apply

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FBS

Currently comparing against

FBS

3.9
Full review
Quick Answer

The best alternatives to FBS in 2026 are ForTrade (4.3/5), Interactive Brokers (4.4/5), Forex.com (4.4/5). For stronger regulation, ForTrade holds tier-1 licences (FCA). For lowest entry, Interactive Brokers requires no minimum deposit.

See side-by-side comparison below

FBS vs Top 5 Alternatives — At a Glance

BrokerRatingMin DepositSpread fromDemo AccountRegulation
FBS
FBSThis broker
3.88
$10 pips✓ Free demo
ASIC
Review
4.25
$1001 pips✓ Free demo
FCA
Visit
4.43
$00.2 pips✓ Free demo
SECMAS
Visit
4.40
$1000.8 pips✓ Free demo
MASCFTC
Visit
4.09
$1000.6 pips✓ Free demo
FCAASIC
Visit
4.35
$00.2 pips✓ Free demo
CFTCFCA
Visit

All 15 alternatives ranked below. Demo accounts are free across all listed brokers — no deposit required to test platforms.

FBS

Why traders look for FBS alternatives

Rating: 3.9/5Spread: 0 pipsMin deposit: $1Regulated: CySEC, FSCA, ASIC

Strengths

+Generous bonus and cashback programmes
+Leverage up to 1:3000
+Minimum deposit from $1
+Multiple account types including cent accounts

Common reasons to switch

−Not available in EU, UK, or US
−Very high leverage is risky for retail traders

Best FBS alternative by category

FBS vs ForTrade — quick comparison

FBSForTrade
Rating3.94.3 ✓
Min spread0 pips1 pips
Min deposit$1$100
RegulationCySEC, FSCA, ASICFCA, CySEC, FSC

If you want… choose this alternative

FBS Alternatives — Overview

FBS is rated 3.9 out of 5, regulated by CySEC, FSCA, ASIC and headquartered in Limassol, Cyprus. While it remains a solid choice for many traders offering forex, cfd, stocks, indices, commodities, crypto markets, there are 15 alternatives worth considering in 2026 depending on your trading priorities.

The highest-rated alternative is ForTrade (4.3/5), regulated by FCA, CySEC, FSC, DFSA. Other strong contenders include Interactive Brokers (4.4/5), Forex.com (4.4/5), FxPro (4.1/5).

Key factors when choosing a FBS alternative include regulation strength, trading fees and spreads, minimum deposit requirements, available markets, and platform quality. We score every broker on these criteria independently using our transparent rating methodology — ratings are not influenced by commercial relationships. FBS's minimum spread starts at 0 pips with a $1 minimum deposit — several alternatives below offer tighter spreads or lower entry requirements. Use our spread calculator to estimate your trading costs, or take the broker finder quiz for a personalised recommendation.

Top 15 Alternatives to FBS

Spread: 1 pips
Min deposit: $100
Markets: stocks, cfd, indices, crypto
Higher rating (4.3 vs 3.9) FCA regulated
Spread: 0.2 pips
Min deposit: None
Markets: indices, commodities, forex, cfd
Higher rating (4.4 vs 3.9) SEC, MAS, FCA, ASIC regulated Lower min deposit ($0)
Spread: 0.8 pips
Min deposit: $100
Markets: stocks, commodities, indices, cfd
Higher rating (4.4 vs 3.9) MAS, CFTC, FCA, ASIC regulated
#4
FxPro
Spread: 0.6 pips
Min deposit: $100
Markets: forex, stocks, commodities, cfd
Higher rating (4.1 vs 3.9) FCA, ASIC regulated
#5
Kraken
Spread: 0.2 pips
Min deposit: None
Markets: crypto
Higher rating (4.3 vs 3.9) CFTC, FCA regulated Lower min deposit ($0)
#6
Bybit
Spread: 0.1 pips
Min deposit: None
Markets: crypto
Higher rating (4.0 vs 3.9) Lower min deposit ($0)
#7
OANDA
Spread: 0.6 pips
Min deposit: None
Markets: cfd, commodities, indices, forex
Higher rating (4.3 vs 3.9) ASIC, MAS, CFTC regulated Lower min deposit ($0)
Spread: 0.6 pips
Min deposit: $250
Markets: commodities, indices, cfd, stocks
Higher rating (4.3 vs 3.9) SEC, MAS, FCA, ASIC regulated
#9
Plus500
Spread: 0.6 pips
Min deposit: $100
Markets: commodities, cfd, indices, crypto
Higher rating (4.0 vs 3.9) MAS, ASIC, FCA regulated
#10
AvaTrade
Spread: 0.9 pips
Min deposit: $100
Markets: forex, crypto, indices, commodities
Higher rating (4.0 vs 3.9) MAS, ASIC, FCA regulated
#11
XT.com
Spread: 0 pips
Min deposit: None
Markets: crypto
Higher rating (4.0 vs 3.9) Lower min deposit ($0)
#12
Coinbase
Spread: 0.5 pips
Min deposit: None
Markets: crypto
Higher rating (4.3 vs 3.9) FCA, SEC regulated Lower min deposit ($0)
Spread: 0.4 pips
Min deposit: None
Markets: crypto
Higher rating (4.3 vs 3.9) MAS, FCA regulated Lower min deposit ($0)
#14
Upbit
Spread: 0 pips
Min deposit: None
Markets: crypto
Higher rating (4.3 vs 3.9) MAS regulated Lower min deposit ($0)
#15
Deriv
Spread: 0.5 pips
Min deposit: $5
Markets: forex, commodities, indices, crypto
Higher rating (4.0 vs 3.9)

Risk warning: Trading CFDs and forex carries significant risk. Ensure you understand the risks before depositing funds. Capital is at risk.

How to switch from FBS to an alternative

1

Open new account

Sign up with your chosen FBS alternative and complete identity verification.

2

Fund & test

Deposit funds and test the platform with a demo or small live trades.

3

Transfer positions

Close or transfer open positions at FBS. Some brokers support ACATS transfers.

4

Withdraw & close

Withdraw remaining balance from FBS and close the account if no longer needed.

FBS comparisons

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Frequently Asked Questions

1

What are the best alternatives to FBS?

The top alternatives to FBS include ForTrade, Interactive Brokers, Forex.com. These brokers offer similar markets with competitive fees and strong regulation.

2

Why switch from FBS?

Traders may look for FBS alternatives for lower fees, better platform selection, tighter spreads, different regulation, or access to markets not offered by FBS.

3

How do I compare FBS with alternatives?

Use BrokerRank's side-by-side comparison tool to compare FBS with any broker on fees, regulation, platforms, and markets. Visit our compare page to build your own comparison.

4

Is ForTrade better than FBS?

ForTrade is rated 4.3/5 compared to FBS's 3.9. The best choice depends on your priorities — ForTrade may offer advantages in fees, regulation, or platform features. Compare them side by side to decide.

5

How do I transfer my account from FBS to another broker?

To switch from FBS: 1) Open an account with your chosen alternative, 2) Complete verification (KYC), 3) Fund your new account, 4) Transfer or close open positions at FBS, 5) Withdraw remaining funds. Most brokers complete the process within 1–5 business days.

6

What is the cheapest alternative to FBS?

XT.com offers spreads from 0 pips, making it one of the most cost-effective alternatives to FBS.