Broker comparison

FBS vs FXOpen Comparison

Compare trading conditions, commissions and platforms of Forex brokers FBS and FXOpen. Find out which broker is best for you.

VS summaryScores and ranking at a glance
FBSHigher ranked
Rating
4.3/5
Rank
#22
Register

Trading CFDs carries high risks. You may lose all invested funds

FXOpen
Rating
4.3/5
Rank
#31
Register

58-60% of retail investors lose money when trading CFDs with this broker

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

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 - FBS or FXOpen?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

FBS ranks higher in the editorial ranking.

Matching ratings can occupy different positions in the full ranking.

FBS
Rating: 4.3/5Rank: #22
FXOpen
Rating: 4.3/5Rank: #31

FBS

Minimum deposit · USD
5 USD
Different platforms
  • FBS Trader
Different markets
None listed

FXOpen

Minimum deposit · USD
1 USD
Different platforms
  • TickTrader
  • TradingView
Different markets
  • ETF

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of FBS and FXOpen

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Overview: comparison of FBS, FXOpen
BrokerFBSFXOpen
Foundation Year20082005
Regulated in CountriesBelize, Cyprus, Australia, South AfricaUnited Kingdom, Cyprus, Australia
Minimum Deposit
  • 5 EUR
  • 5 USD
  • 100 AUD
  • 10 CHF
  • 10 EUR
  • 10 GBP
  • 1500 JPY
  • 100 SGD
  • 1 USD
Spreadfrom 0.7 pointsfrom 0 points
Max Leverage1:30001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView
ReviewFBS ReviewFXOpen Review

FBS Review

FBS Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5FBS Trader

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:

FXOpen Review

FXOpen Logo
Register58-60% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5TickTraderTradingView

FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.

FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.

Pros and Cons of FXOpen

Pros

  1. Wide range of trading assets.
  2. Low spreads and commissions.
  3. Support for various trading platforms.

Cons

  1. Lack of educational materials.

Reliability

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Reliability: comparison of FBS, FXOpen
BrokerFBSFXOpen
Reliability
5/5
5/5
Foundation Year20082005
Regulated in CountriesBelize, Cyprus, Australia, South AfricaUnited Kingdom, Cyprus, Australia
Regulators

FBS

FBS is a reliable and regulated broker, overseen by several international bodies, ensuring client security and transparency.

FXOpen

FxOpen is a reliable and regulated broker, licensed in many countries, ensuring the safety of funds and a high standard of services.

Account Opening

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Account Opening: comparison of FBS, FXOpen
BrokerFBSFXOpen
Account Opening
4.5/5
5/5
Minimum Deposit
  • 5 USD
  • 5 EUR
  • 1 USD
  • 10 EUR
  • 10 CHF
  • 10 GBP
  • 1500 JPY
  • 100 AUD
  • 100 SGD

FBS

The account opening process at FBS is fast, clear, and relatively simple, although the verification procedure may take some time.

FXOpen

FxOpen provides a simple and convenient account opening process, with an emphasis on security and compliance with regulatory requirements.

Account Types

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Account Types: comparison of FBS, FXOpen
BrokerFBSFXOpen
Account Types
3/5
5/5
Trading Accounts
  • Standard
  • STP
  • ECN
  • Micro
  • Crypto
Minimum Deposit
  • 5 USD
  • 5 EUR
  • 1 USD
  • 10 EUR
  • 10 CHF
  • 10 GBP
  • 1500 JPY
  • 100 AUD
  • 100 SGD
Spreadfrom 0.7 pointsfrom 0 points
Max Leverage1:30001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView
Demo Account
Swap-free Account

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.

FXOpen

FxOpen offers a wide selection of trading accounts and additional services.

Commissions

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Commissions: comparison of FBS, FXOpen
BrokerFBSFXOpen
Commissions
3.5/5
3/5
Spreadfrom 0.7 pointsfrom 0 points
Average Spread (EURUSD)0.91.2
CommissionNo dataper 1 lot$3.50

FBS

FBS's commissions are average for the market.

Pros

  1. Low spreads.

Cons

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

FXOpen

FxOpen's commissions are average in the market, with competitive spreads, but high swap rates and inactivity fees.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of FBS, FXOpen
BrokerFBSFXOpen
Rating
5/5
4.2/5
Account Funding Methods
  • Neteller
  • Skrill
  • SticPay
  • Visa
  • Mastercard
  • Maestro
  • WebMoney
  • Volet
  • FasaPay
  • Visa
  • Mastercard
  • JCB
  • Discover

FBS

FBS offers many deposit and withdrawal methods with high flexibility and accessibility.

FXOpen

FxOpen offers a variety of deposit and withdrawal methods.

Pros

  1. A large selection of payment systems and cryptocurrencies.
  2. Fast processing of withdrawal requests.

Cons

  1. No bank transfer option.
  2. High commissions for credit cards from the provider.

Markets and Products

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Markets and Products: comparison of FBS, FXOpen
BrokerFBSFXOpen
Markets and Products
4/5
4.6/5
Forex4366
Precious Metals83
Energy Carriers33
Indices1112
Stocks480553
Cryptocurrency541
ETF-56

FBS

FBS provides a broad spectrum of trading assets, albeit with a limited selection of stocks and cryptocurrencies.

FXOpen

FxOpen offers a good selection of assets but without soft commodities.

Trading Platforms

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Trading Platforms: comparison of FBS, FXOpen
BrokerFBSFXOpen
Rating
4.5/5
5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView

FBS

FBS has a wide choice of trading platforms, meeting the needs of different traders.

FXOpen

FXOpen offers a wide range of trading platforms, catering to different types of traders.

Analytics

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Analytics: comparison of FBS, FXOpen
BrokerFBSFXOpen
Rating
5/5
4/5

FBS

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

FXOpen

FXOpen provides a solid package of analytical tools, offering traders valuable resources for making trading decisions.

Education

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Education: comparison of FBS, FXOpen
BrokerFBSFXOpen
Rating
5/5
2/5

FBS

FBS provides comprehensive educational materials suitable for traders at all levels.

FXOpen

FXOpen invests little in trader education, offering only basic articles and a glossary of terms.

Customer Support

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FBS

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

FXOpen

FXOpen offers reliable support, and a variety of communication channels adds flexibility.

Comparisons of FBS and FXOpen with other brokers

Conclusion

When choosing between FBS and FXOpen, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: FBS or FXOpen?

FBS ranks higher than FXOpen in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: FBS or FXOpen?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

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

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 FBS and FXOpen?

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

What markets can you trade with FBS and FXOpen?

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

What account types are offered by FBS and FXOpen?

FBS: Standard. FXOpen: STP, ECN, Micro, Crypto. See “Account Types” for a side-by-side comparison.

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

FBS: Neteller, Skrill, SticPay, Visa, Mastercard, Maestro. FXOpen: WebMoney, Volet, FasaPay, Visa, Mastercard, JCB, Discover. Check method-specific fees/settlement times.

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

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

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.