FBS vs FxPro 2026: Which Broker is Better?

Regulation & Safety

FBS operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA) in South Africa. These regulatory bodies ensure that FBS adheres to specific financial standards, providing a layer of safety for investors. However, FBS is not available in the European Union, United Kingdom, or United States, limiting its reach in these regions.

FxPro, on the other hand, is regulated by the Financial Conduct Authority (FCA) in the UK, as well as CySEC and ASIC. The FCA's stringent regulations make FxPro a reliable choice for traders seeking enhanced security. FxPro also offers negative balance protection, ensuring that clients cannot lose more than their initial deposit. This makes FxPro particularly appealing to risk-averse traders.

Fees & Spreads

FBS offers spreads starting from 0 pips, particularly on their ECN accounts, but typical spreads are wider on standard accounts. The absence of commissions on most account types can be advantageous for traders looking to minimise costs. The minimum deposit at FBS is as low as $1, making it highly accessible for new traders. However, their high leverage of up to 1:3000 can be risky for less experienced traders if not managed carefully.

In contrast, FxPro's spreads start at 0.6 pips, which might be less competitive than FBS for certain asset classes. However, FxPro does not charge a commission, which aligns with traders who prefer a more straightforward cost structure. The minimum deposit required is $100, reasonable for a broker with a strong regulatory background. FxPro offers leverage up to 1:500, which is lower than FBS but may be considered safer for retail clients.

Trading Platforms

FBS provides access to the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, along with a proprietary mobile application, catering to traders who require flexibility and advanced charting tools. FxPro also supports MT4 and MT5, in addition to offering their proprietary web and mobile platforms. FxPro's no dealing desk execution is a significant advantage for traders seeking faster execution speeds and fewer conflicts of interest.

Who Should Choose FBS?

• Traders seeking extremely low minimum deposits.
• Investors interested in high leverage trading opportunities.
• Individuals looking for diverse account types, including cent accounts.
• Traders in Asia, Africa, and Latin America benefiting from regional promotions and bonuses.

Who Should Choose FxPro?

• Traders prioritising strong regulatory oversight and safety.
• Investors preferring no dealing desk execution for faster trades.
• Those seeking a balance of traditional and proprietary trading platforms.
• Clients who require negative balance protection.

Our Verdict

For beginners, FxPro is the better choice due to its strong regulatory framework and negative balance protection. Professional traders might prefer FBS for its lower spreads on ECN accounts. In terms of fees, FBS offers a more competitive structure with lower minimum deposits and no commissions.