Broker comparison

FBS vs NordFX Comparison

Compare trading conditions, commissions and platforms of Forex brokers FBS and NordFX. 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

NordFX
Rating
3.5/5
Rank
#67
Register

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

  • 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 NordFX?

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.
FBS
Rating: 4.3/5Rank: #22
NordFX
Rating: 3.5/5Rank: #67

FBS

Minimum deposit · USD
5 USD
Different platforms
  • MetaTrader 5
  • FBS Trader

NordFX

Minimum deposit · USD
10 USD
Different platforms
None listed

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

Full broker ranking

Comparison Table of FBS and NordFX

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Overview: comparison of FBS, NordFX
BrokerFBSNordFX
Foundation Year20082008
Regulated in CountriesBelize, Cyprus, Australia, South Africa
Minimum Deposit
  • 5 EUR
  • 5 USD
  • 10 USD
Spreadfrom 0.7 pointsfrom 0 points
Max Leverage1:30001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
  • MetaTrader 4
ReviewFBS ReviewNordFX 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:

NordFX Review

NordFX 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 4

NordFX is a broker with various trading accounts and conditions, making it attractive for different categories of traders — from beginners to professionals. Tight spreads and analytical tools are backed by good technical support, which is a significant plus.

NordFX is suitable for traders who prefer to use MetaTrader 4 and who do not require a wide range of CFDs or alternative trading platforms. This broker is perfect for those seeking diverse market analysis options and personalized support.

Pros and Cons of NordFX

Pros

  1. Diversity of trading accounts and services.
  2. Tight spreads.
  3. Wide range of deposit and withdrawal methods.
  4. Extensive set of analytical tools.
  5. Good customer support.

Cons

  1. Lack of regulation.
  2. High commission on Zero account.
  3. Long withdrawal request processing time.
  4. Lack of soft commodities and limited overall number of CFDs.
  5. There are no alternatives to MT4.

NordFX is in the top 10 of the following ratings:

Reliability

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Reliability: comparison of FBS, NordFX
BrokerFBSNordFX
Reliability
5/5
2/5
Foundation Year20082008
Regulated in CountriesBelize, Cyprus, Australia, South Africa-
Regulators
-

FBS

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

NordFX

NordFX holds legal registration, but the lack of regulation diminishes its reliability, which is crucial for protecting client interests.

Account Opening

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Account Opening: comparison of FBS, NordFX
BrokerFBSNordFX
Account Opening
4.5/5
5/5
Minimum Deposit
  • 5 USD
  • 5 EUR
  • 10 USD

FBS

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

NordFX

Registration is simple and intuitive, with minimal requirements to start trading. Verification, while mandatory, complies with international standards.

Account Types

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Account Types: comparison of FBS, NordFX
BrokerFBSNordFX
Account Types
3/5
5/5
Trading Accounts
  • Standard
  • Fix
  • Pro
  • Zero
Minimum Deposit
  • 5 USD
  • 5 EUR
  • 10 USD
Spreadfrom 0.7 pointsfrom 0 points
Max Leverage1:30001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
  • MetaTrader 4
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.

NordFX

NordFX offers a wide range of account types and services.

Pros

  1. Flexible options for different traders.
  2. PAMM accounts and copy trading available.
  3. VPS available.

Cons

  1. Lack of cent accounts.

Commissions

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Commissions: comparison of FBS, NordFX
BrokerFBSNordFX
Commissions
3.5/5
2.5/5
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.

NordFX

NordFX's commission policy is quite flexible and offers various options for different types of traders.

Pros

  1. Flexible commission system suitable for different strategies.
  2. Tight spreads on the Pro account.

Cons

  1. Above-average transaction commission on the Zero account.
  2. Inactivity fee.
  3. High swaps.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of FBS, NordFX
BrokerFBSNordFX
Rating
5/5
4/5
Account Funding Methods
  • Neteller
  • Skrill
  • SticPay
  • Visa
  • Mastercard
  • Maestro
  • WebMoney
  • Skrill
  • Neteller
  • Dragonpay
  • AstroPay
  • TC Pay
  • FasaPay
  • Boleto
  • DOKU Wallet
  • Binance Pay
  • Swift
  • Visa
  • Mastercard
  • Ngan Luong
  • Help2pay
  • PayTrust88

FBS

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

NordFX

NordFX offers a wide range of methods for depositing and withdrawing funds, including cryptocurrencies. Most transactions are processed quickly, but withdrawal times can take up to 5 business days.

Pros

  1. Numerous available deposit methods.
  2. Competitive commissions.
  3. Instant account funding.

Cons

  1. Withdrawal time up to 5 business days.
  2. Withdrawal only by the same method as deposit.
  3. Verification required for fund withdrawal.

Markets and Products

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Markets and Products: comparison of FBS, NordFX
BrokerFBSNordFX
Markets and Products
4/5
4/5
Forex4333
Precious Metals82
Energy Carriers33
Indices114
Stocks48068
Cryptocurrency515

FBS

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

NordFX

NordFX offers a variety of markets, including currencies, metals, and cryptocurrencies. However, the selection is limited compared to competitors, especially in terms of CFDs and the lack of soft commodities.

Pros

  1. Diversity of asset classes.
  2. Access to 15 cryptocurrencies.

Cons

  1. Lack of soft commodities.
  2. Limited number of CFDs.

Trading Platforms

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Trading Platforms: comparison of FBS, NordFX
BrokerFBSNordFX
Rating
4.5/5
3/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
  • MetaTrader 4

FBS

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

NordFX

NordFX provides the MetaTrader 4 platform, which is reliable and feature-rich. The platform is available on various devices, including MultiTerminal for managing multiple accounts.

Pros

  1. Reliable and proven MT4 platform.
  2. Desktop and mobile versions available.
  3. MultiTerminal for managing multiple accounts.

Cons

  1. Lack of a web-based platform.
  2. Limited choice of trading platforms.

Analytics

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Analytics: comparison of FBS, NordFX
BrokerFBSNordFX
Rating
5/5
4/5

FBS

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

NordFX

NordFX boasts strong analytics. A variety of tools are offered: weekly forecasts, economic calendar, trader's calculator.

Pros

  1. Weekly forecasts for Forex and cryptocurrencies.
  2. Economic calendar.
  3. Convenient calculator for estimating potential profits.

Cons

  1. Lack of trading signals.
  2. Insufficient analytics from company experts.
  3. Limited selection of analytical materials.

Education

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Education: comparison of FBS, NordFX
BrokerFBSNordFX
Rating
5/5
4/5

FBS

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

NordFX

The broker offers a variety of video and audio courses, as well as useful articles in the blog, which is a plus for self-directed trader education.

Pros

  1. Variety of formats: video, audio, articles.
  2. Materials for different skill levels.
  3. Regular blog publications.

Cons

  1. Lack of webinars.
  2. No seminars or master classes.
  3. No personalized training.

Customer Support

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FBS

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

NordFX

NordFX technical support deserves high praise for the variety of communication channels and the effectiveness of the solutions provided. Client reviews highlight the high level of service.

Pros

  1. 24/7 availability.
  2. Multiple communication channels: live chat, email, phone.
  3. High level of staff professionalism.

Comparisons of FBS and NordFX with other brokers

Conclusion

When choosing between FBS and NordFX, 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 NordFX?

FBS ranks higher than NordFX 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 NordFX?

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 NordFX?

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 NordFX?

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

What markets can you trade with FBS and NordFX?

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

What account types are offered by FBS and NordFX?

FBS: Standard. NordFX: Fix, Pro, Zero. See “Account Types” for a side-by-side comparison.

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

FBS: Neteller, Skrill, SticPay, Visa, Mastercard, Maestro. NordFX: WebMoney, Skrill, Neteller, Dragonpay, AstroPay, TC Pay, FasaPay, Boleto, DOKU Wallet, Binance Pay, Swift, Visa, Mastercard, Ngan Luong, Help2pay, PayTrust88. Check method-specific fees/settlement times.

Which broker is safer — FBS or NordFX — 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.