AvaTrade 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 AvaTrade and FBS
| Broker | AvaTrade | FBS |
|---|---|---|
| Rating | 4.7/5 | 4.3/5 |
| Foundation Year | 2005 | 2007 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Belize, Cyprus, Australia, South Africa |
| Minimum Deposit |
|
|
| Spread | from 0.6 points | from 0.7 points |
| Max Leverage | 1:400 | 1:3000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | AvaTrade Review | FBS Review |
AvaTrade is suitable for traders who value various instruments, copy trading services, and a user-friendly mobile version of trading platforms.
FBS is suitable for beginners thanks to educational materials, as well as for experienced traders who value MetaTrader and reliability.
AvaTrade Review
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
AvaTrade 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 | AvaTrade | FBS |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2005 | 2007 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Belize, Cyprus, Australia, South Africa |
| Regulators | Central Bank of Ireland Central Bank of Ireland KNF KNF FCA FCA BVIFSC BVIFSC ASIC ASIC FSCA FSCA JFSA JFSA JFFA JFFA FSRA FSRA ISA ISA CIRO CIRO | BFSC BFSC CySEC CySEC ASIC ASIC FSCA FSCA |
AvaTrade
AvaTrade is regulated in various countries by several leading financial regulators, providing high reliability.
FBS
FBS is a reliable and regulated broker, overseen by several international bodies, ensuring client security and transparency.
Account Opening
| Broker | AvaTrade | FBS |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
|
|
AvaTrade
The broker offers clients from different countries a straightforward, convenient, and quick account opening process.
FBS
The account opening process at FBS is fast, clear, and relatively simple, although the verification procedure may take some time.
Account Types
| Broker | AvaTrade | FBS |
|---|---|---|
| Account Types | 3.5/5 | 3/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0.6 points | from 0.7 points |
| Max Leverage | 1:400 | 1:3000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
AvaTrade
AvaTrade has a decent trading account, but the absence of some critical options may not satisfy all trader needs.
Pros
- A free demo account is available.
- An Islamic account option is provided.
- The ability to copy trades.
Cons
- Lack of market execution of orders.
- No cent accounts.
- No fixed spread accounts.
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 | AvaTrade | FBS |
|---|---|---|
| Commissions | 4.5/5 | 3.5/5 |
| Spread | from 0.6 points | from 0.7 points |
| Average Spread (EURUSD) | 0.9 | 0.9 |
| Commission per Lot |
AvaTrade
AvaTrade offers relatively low commissions with its competitive spreads and no charges for deposits/withdrawals.
Pros
- Low spreads.
- No deposit/withdrawal fees.
Cons
- Inactivity fee.
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 | AvaTrade | FBS |
|---|---|---|
| Rating | 4.2/5 | 5/5 |
| Account Funding Methods |
|
|
AvaTrade
AvaTrade provides flexible and accessible methods for depositing and withdrawing funds, though processing times can be extended.
Pros
- Multiple methods for deposit and withdrawal.
- No commission on deposits and withdrawals.
- AvaTrade covers up to $100 of the bank transfer fee.
Cons
- Long processing time for bank transfers.
FBS
FBS offers many deposit and withdrawal methods with high flexibility and accessibility.
Markets and Products
| Broker | AvaTrade | FBS |
|---|---|---|
| Markets and Products | 5/5 | 4/5 |
| Forex | 53 | 43 |
| Precious Metals | 7 | 8 |
| Energy Carriers | 5 | 3 |
| Soft Commodities | 7 | - |
| Indices | 46 | 11 |
| Stocks | 614 | 480 |
| ETF | 61 | - |
| Bonds | 2 | - |
| Cryptocurrency | 20 | 5 |
AvaTrade
AvaTrade offers various financial instruments, including currency pairs, CFDs, stocks, ETFs, bonds, cryptocurrencies, etc.
FBS
FBS provides a broad spectrum of trading assets, albeit with a limited selection of stocks and cryptocurrencies.
Trading Platforms
| Broker | AvaTrade | FBS |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Trading Platforms |
|
|
AvaTrade
AvaTrade provides various trading platforms: MetaTrader 4 and 5, WebTrader, and AvaTradeGO, giving traders flexibility in choosing the right tool for their trading strategies.
FBS
FBS has a wide choice of trading platforms, meeting the needs of different traders.
Analytics
| Broker | AvaTrade | FBS |
|---|---|---|
| Rating | 5/5 | 5/5 |
AvaTrade
The broker provides good market analysis tools.
Pros
- Collaboration with Trading Central.
- Economic calendar.
- Trader's calculator.
FBS
FBS offers extensive and high-quality analytical tools that contribute to effective trading.
Education
| Broker | AvaTrade | FBS |
|---|---|---|
| Rating | 5/5 | 5/5 |
AvaTrade
AvaTrade offers quality video tutorials and articles for traders of all levels.
Pros
- Quality materials.
- Educational resources available on the AvaTrade site.
FBS
FBS provides comprehensive educational materials suitable for traders at all levels.
Customer Support
| Broker | AvaTrade | FBS |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media |
Whatsapp
Messenger
Viber
Line
Telegram
Facebook
Instagram
YouTubeAvaTrade
The broker's technical support offers various channels of communication and 24/7 availability.
FBS
The technical support of FBS operates 24/7, is multilingual, and offers prompt problem resolution.
