E*TRADE
FBS
VS
Higher Rated
FBS
Capital at risk · T&Cs apply
In comparing E*TRADE and FBS, a key distinction emerges in their target markets and offerings. E*TRADE, established in 1982 and regulated by the SEC and CFTC, caters primarily to US-based traders with a focus on commission-free stock and ETF trading, making it appealing for investors interested in stocks and options with robust educational resources. Conversely, FBS, founded in 2009 and regulated by authorities such as CySEC and ASIC, appeals to international traders seeking extensive leverage options and diverse trading instruments, including forex and cryptocurrencies. While E*TRADE offers a strong, US-centric platform with no minimum deposit, FBS stands out for its low entry barrier and high leverage, though it is unavailable in the EU, UK, and US.
E*TRADE
FBS
| E*TRADE | FBS | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $1 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:4 | 1:3000 ✓ |
| Regulation | SEC, CFTC | CySEC, ASIC, FSCA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Mobile |
FBS is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, E*TRADE offers lower spreads (0 pips).
See full side-by-side comparison belowE*TRADE
FBS
E*TRADE
FBS
E*TRADE
3.6/5
Choose E*TRADE if you want…
FBS
3.9/5
Choose FBS if you want…
FBS scores higher overall on our independent rating system. E*TRADE holds a 3.6/5 rating vs FBS's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
E*TRADE offers spreads from 0 pips, while FBS starts at 0 pips. Check the fees section above for a full breakdown.
E*TRADE requires a minimum deposit of $0. FBS requires $1.
E*TRADE is regulated by SEC, CFTC, while FBS holds licences from CySEC, ASIC, FSCA.
E*TRADE supports Proprietary Web, Proprietary Mobile. FBS supports MT4, MT5, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.