Alpari vs FBS Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Alpari and FBS
| Broker | Alpari | FBS |
|---|---|---|
| Rating | 4.1/5 | 4.3/5 |
| Foundation Year | 1998 | 2007 |
| Regulated in Countries | Comoros, Belarus | Belize, Cyprus, Australia, South Africa |
| Minimum Deposit |
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| Spread | from 0 points | from 0.7 points |
| Max Leverage | 1:3000 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Alpari Review | FBS Review |
Alpari is suitable for both beginners and professional traders, thanks to a wide selection of accounts, instruments, and educational programs.
FBS is suitable for beginners thanks to educational materials, as well as for experienced traders who value MetaTrader and reliability.
Alpari Review
Alpari has established itself as a stable and reliable broker, providing its services on Forex for over 20 years. The broker is widely popular among professional traders due to its wide range of trading accounts and instruments and convenient and practical services for investing—PAMM accounts and portfolios. Beginning traders will find quality support, training courses, and favorable trading conditions at Alpari.
Overall, Alpari is an excellent choice for beginners and professional traders.
Pros and Cons of Alpari
Pros
- A wide range of trading accounts.
- Flexible conditions for depositing and withdrawing funds.
- Diversity of trading platforms.
Cons
- Licensing in the Comoros does not provide the same level of investor protection as in countries with stricter regulators.
- Fees for fund withdrawal and inactivity charges.
- Limited choice in terms of different asset classes.
Alpari is in the top 10 of the following ratings:
FBS Review
FBS is a reliable choice for traders who value a secure and regulated trading environment, complemented by a robust selection of educational resources and trading tools. It is particularly well-suited for those new to trading or looking to expand their knowledge and experienced traders focusing on a diverse range of assets. Despite its limitations in account types and currency options, FBS's strengths in providing competitive trading conditions and comprehensive support make it a commendable broker for a broad spectrum of traders.
Pros and Cons of FBS
Pros
- Regulated by major international organizations.
- Low spreads and commissions.
- Wide range of trading assets.
- Extensive database of educational materials and analytical tools.
- Support for various trading platforms.
Cons
- Limited choice of trading accounts.
- Limited choice of account currency.
FBS is in the top 10 of the following ratings:
Reliability
| Broker | Alpari | FBS |
|---|---|---|
| Reliability | 4/5 | 5/5 |
| Foundation Year | 1998 | 2007 |
| Regulated in Countries | Comoros, Belarus | Belize, Cyprus, Australia, South Africa |
| Regulators | MISA MISA НБ РБ НБ РБ | BFSC BFSC CySEC CySEC ASIC ASIC FSCA FSCA |
Alpari
Alpari is regulated in the Comoros Islands and Belarus, providing a certain degree of client protection. However, Comorian licensing does not offer the same level of investor protection as countries with stricter regulatory bodies.
FBS
FBS is a reliable and regulated broker, overseen by several international bodies, ensuring client security and transparency.
Account Opening
| Broker | Alpari | FBS |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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Alpari
Alpari's registration and account opening process is quite straightforward, convenient, and relatively fast.
FBS
The account opening process at FBS is fast, clear, and relatively simple, although the verification procedure may take some time.
Account Types
| Broker | Alpari | FBS |
|---|---|---|
| Account Types | 4.8/5 | 3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.7 points |
| Max Leverage | 1:3000 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Alpari
Alpari offers a wide selection of trading accounts that should meet the needs of most traders and investors.
Pros
- ECN and cent accounts available
- PAMM accounts and copy trading options
- Binary options trading accessible
Cons
- No fixed spread accounts available
FBS
FBS offers only one trading account but with additional services.
Pros
- Availability of demo accounts for practice.
- The possibility of automated trading.
Cons
- Lack of investment accounts (PAMM, copy trading).
- Insufficient variety of trading accounts.
Commissions
| Broker | Alpari | FBS |
|---|---|---|
| Commissions | 3.2/5 | 3.5/5 |
| Spread | from 0 points | from 0.7 points |
| Average Spread (EURUSD) | 1.7 | 0.9 |
| Commission per Lot | $2.70 |
Alpari
Alpari offers average trading commissions, but potential withdrawal fees and inactivity charges may deter some clients.
Pros
- Low transaction fee for ECN accounts
- Loyalty program (CashBack)
Cons
- Spreads slightly above market average
- Inactivity fee for accounts
FBS
FBS's commissions are average for the market.
Pros
- Low spreads.
Cons
- Possible withdrawal fees in the absence of trading activity.
Deposit and Withdrawal
| Broker | Alpari | FBS |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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Alpari
Alpari offers very flexible and competitive conditions for depositing and withdrawing funds, making it an attractive choice for traders.
FBS
FBS offers many deposit and withdrawal methods with high flexibility and accessibility.
Markets and Products
| Broker | Alpari | FBS |
|---|---|---|
| Markets and Products | 4.5/5 | 4/5 |
| Forex | 46 | 43 |
| Precious Metals | 2 | 8 |
| Energy Carriers | 3 | 3 |
| Indices | 12 | 11 |
| Stocks | 631 | 480 |
| Cryptocurrency | 9 | 5 |
Alpari
The overall selection of assets available for trading with Alpari broker offers a diverse range that can satisfy the needs of most traders. However, there is no option to trade CFDs on exchange commodities.
FBS
FBS provides a broad spectrum of trading assets, albeit with a limited selection of stocks and cryptocurrencies.
Trading Platforms
| Broker | Alpari | FBS |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Trading Platforms |
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Alpari
Alpari offers a wide range of trading platforms that will undoubtedly meet the needs of most traders. The terminals provide traders with a full set of tools and resources necessary for effective trading.
FBS
FBS has a wide choice of trading platforms, meeting the needs of different traders.
Analytics
| Broker | Alpari | FBS |
|---|---|---|
| Rating | 3/5 | 5/5 |
Alpari
Alpari provides daily expert market analysis, offering valuable insights for traders.
Pros
- In-depth daily reports.
- Expert analysis on market events.
Cons
- Limited range of analytical tools.
- Lack of real-time signals.
FBS
FBS offers extensive and high-quality analytical tools that contribute to effective trading.
Education
| Broker | Alpari | FBS |
|---|---|---|
| Rating | 2/5 | 5/5 |
Alpari
No educational materials in English.
FBS
FBS provides comprehensive educational materials suitable for traders at all levels.
Customer Support
| Broker | Alpari | FBS |
|---|---|---|
| Rating | 3/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Telegram
Дзен
Messenger
Viber
Line
Whatsapp
Facebook
InstagramAlpari
Alpari's support has diverse contact options but lacks consistent quality and transparent service hours.
Pros
- Multiple contact methods.
- International phone support.
Cons
- No clear support hours.
- Mixed client reviews.
FBS
The technical support of FBS operates 24/7, is multilingual, and offers prompt problem resolution.
