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  1. Home
  2. Forex Brokers
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  4. Alpari vs FBS
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How we make money

Alpari vs FBS Comparison: Which Is Better for Traders?

Last updated Jan 21, 2026
Nikolay Zavarov - Author
Nikolay Zavarov
Author
Andrey Bondarenko - Editor
Andrey Bondarenko
Editor
Nikolay Zavarov
Author
Andrey Bondarenko
Editor
Alpari LogoAlpari
4.1/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
VS
FBS LogoFBS
4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested funds

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - Alpari or FBS?

Our pick: FBS

Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - FBS looks preferable to Alpari.

FBS scored 4.3/5 and ranks 21 in our all Forex brokers list, whereas Alpari has 4.1/5 and ranks 43.

This is not financial advice. See the full comparison below.

Who is Alpari suitable for?

Alpari is suitable for both beginners and professional traders, thanks to a wide selection of accounts, instruments, and educational programs.

Who is FBS suitable for?

FBS is suitable for beginners thanks to educational materials, as well as for experienced traders who value MetaTrader and reliability.

Comparison Table of Alpari and FBS

BrokerAlpariFBS
Rating
4.1/5
4.3/5
Foundation Year19982007
Regulated in CountriesComoros, BelarusBelize, Cyprus, Australia, South Africa
Minimum Deposit
  • 50 EUR
  • 50 USD
  • 5 EUR
  • 5 USD
Spreadfrom 0 pointsfrom 0.7 points
Max Leverage1:30001:3000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
ReviewAlpari ReviewFBS Review

Alpari Review

Alpari Logo
Spread fromEURUSD0pips
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 5 MetaTrader 4
4.1/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
About Alpari
Founded in 1998
Countries of registration:
km Flag
by Flag
Regulators:
MISAНБ РБ
Alpari Logo
4.1/5
More Details
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
km Flag
by Flag
Regulators:
MISAНБ РБ
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4
compare Alpari trading accounts

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

  1. A wide range of trading accounts.
  2. Flexible conditions for depositing and withdrawing funds.
  3. Diversity of trading platforms.

Cons

  1. Licensing in the Comoros does not provide the same level of investor protection as in countries with stricter regulators.
  2. Fees for fund withdrawal and inactivity charges.
  3. Limited choice in terms of different asset classes.

Alpari is in the top 10 of the following ratings:

Best Binary Options Brokers
ECN Brokers
No KYC Brokers
Forex Affiliate Programs

FBS Review

FBS Logo
Spread fromEURUSD0.7pips
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4 MetaTrader 5 FBS Trader
4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
About FBS
Founded in 2007
Countries of registration:
bz Flag
cy Flag
au Flag
za Flag
Regulators:
BFSCCySECASICFSCA
FBS Logo
4.3/5
More Details
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
bz Flag
cy Flag
au Flag
za Flag
Regulators:
BFSCCySECASICFSCA
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5FBS Trader
compare FBS trading accounts

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

  1. Regulated by major international organizations.
  2. Low spreads and commissions.
  3. Wide range of trading assets.
  4. Extensive database of educational materials and analytical tools.
  5. Support for various trading platforms.

Cons

  1. Limited choice of trading accounts.
  2. Limited choice of account currency.

FBS is in the top 10 of the following ratings:

A-Book Brokers
STP Brokers

Reliability

BrokerAlpariFBS
Reliability
4/5
5/5
Foundation Year19982007
Regulated in CountriesComoros, BelarusBelize, Cyprus, Australia, South Africa
Regulators
  • MISAMISA
  • НБ РБНБ РБ
  • BFSCBFSC
  • CySECCySEC
  • ASICASIC
  • FSCAFSCA

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

BrokerAlpariFBS
Account Opening
5/5
4.5/5
Minimum Deposit
  • 50 USD
  • 50 EUR
  • 5 USD
  • 5 EUR

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

BrokerAlpariFBS
Account Types
4.8/5
3/5
Trading Accounts
  • standard.mt5
  • standard.mt4
  • ECN
  • PRO ECN
  • Standard
Minimum Deposit
  • 50 USD
  • 50 EUR
  • 5 USD
  • 5 EUR
Spreadfrom 0 pointsfrom 0.7 points
Max Leverage1:30001:3000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
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

  1. ECN and cent accounts available
  2. PAMM accounts and copy trading options
  3. Binary options trading accessible

Cons

  1. No fixed spread accounts available

FBS

FBS offers only one trading account but with additional services.

Pros

  1. Availability of demo accounts for practice.
  2. The possibility of automated trading.

Cons

  1. Lack of investment accounts (PAMM, copy trading).
  2. Insufficient variety of trading accounts.

Commissions

BrokerAlpariFBS
Commissions
3.2/5
3.5/5
Spreadfrom 0 pointsfrom 0.7 points
Average Spread (EURUSD)1.70.9
Commission per Lot$2.70

Alpari

Alpari offers average trading commissions, but potential withdrawal fees and inactivity charges may deter some clients.

Pros

  1. Low transaction fee for ECN accounts
  2. Loyalty program (CashBack)

Cons

  1. Spreads slightly above market average
  2. Inactivity fee for accounts

FBS

FBS's commissions are average for the market.

Pros

  1. Low spreads.

Cons

  1. Possible withdrawal fees in the absence of trading activity.

Deposit and Withdrawal

BrokerAlpariFBS
Rating
5/5
5/5
Account Funding Methods
  • Perfect Money
  • VLoad
  • Volet
  • WebMoney
  • Касса24
  • Neteller
  • Wallet One
  • Skrill
  • TC Pay
  • Swift
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • Perfect Money
  • SticPay
  • Visa
  • Mastercard
  • Maestro

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

BrokerAlpariFBS
Markets and Products
4.5/5
4/5
Forex4643
Precious Metals28
Energy Carriers33
Indices1211
Stocks631480
Cryptocurrency95

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

BrokerAlpariFBS
Rating
5/5
4.5/5
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader

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

BrokerAlpariFBS
Rating
3/5
5/5

Alpari

Alpari provides daily expert market analysis, offering valuable insights for traders.

Pros

  1. In-depth daily reports.
  2. Expert analysis on market events.

Cons

  1. Limited range of analytical tools.
  2. Lack of real-time signals.

FBS

FBS offers extensive and high-quality analytical tools that contribute to effective trading.

Education

BrokerAlpariFBS
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

BrokerAlpariFBS
Rating
3/5
5/5
Email Support
  • support@alpari.im
  • support@fbs.com
Hotline Phones
  • +44 2031 29-37-99
  • 8 800 200 01 31
  • +357 22 010970
  • +501 611 0594
Social Media
  • YouTube LogoYouTube
  • Telegram LogoTelegram
  • Дзен LogoДзен
  • Messenger LogoMessenger
  • Viber LogoViber
  • Line LogoLine
  • Telegram LogoTelegram
  • Whatsapp LogoWhatsapp
  • Facebook LogoFacebook
  • Instagram LogoInstagram
  • YouTube LogoYouTube
  • Telegram LogoTelegram

Alpari

Alpari's support has diverse contact options but lacks consistent quality and transparent service hours.

Pros

  1. Multiple contact methods.
  2. International phone support.

Cons

  1. No clear support hours.
  2. Mixed client reviews.

FBS

The technical support of FBS operates 24/7, is multilingual, and offers prompt problem resolution.

Comparisons of Alpari and FBS with other brokers

Alpari Comparisons

  • Alpari vs Trading.com
  • Alpari vs FXTM
  • Alpari vs LBX
  • Alpari vs xChief
  • Alpari vs JustMarkets

FBS Comparisons

  • FBS vs PrimeXBT
  • FBS vs Ultima Markets
  • FBS vs Blueberry Markets
  • FBS vs HF Markets
  • FBS vs Deriv

Conclusion

FBS stands out as the better overall pick, while Alpari trails on aggregate criteria.

FBS scored 4.3/5 and ranks 21 in our rating; Alpari has 4.1/5 and ranks 43.

We explain the reasons above in detail — fees, platforms, reliability, support, and more.

Open an account with FBSRead FBS review

FAQ

Which broker is better: Alpari or FBS?

FBS comes out ahead by overall rank (score 4.3/5, position 21) versus Alpari (score 4.1/5, position 43).

Which broker is better for beginners: Alpari or FBS?

FBS is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.

Who has lower typical trading costs (spreads/commissions) — Alpari or FBS?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with Alpari and FBS?

Alpari: MetaTrader 5, MetaTrader 4. FBS: MetaTrader 4, MetaTrader 5, FBS Trader. See the “Platforms” section for details and selection tips.

What markets can you trade with Alpari and FBS?

Alpari: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. FBS: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by Alpari and FBS?

Alpari: standard.mt5, standard.mt4, ECN, PRO ECN. FBS: Standard. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by Alpari and FBS?

Alpari: Perfect Money, VLoad, Volet, WebMoney, Касса24, Neteller, Wallet One, Skrill, TC Pay, Swift, Visa, Mastercard. FBS: Neteller, Skrill, Perfect Money, SticPay, Visa, Mastercard, Maestro. Check method-specific fees/settlement times.

Which broker is safer — Alpari or FBS — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay Zavarov - AuthorNikolay ZavarovAuthor

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.

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