FBS vs. Exness

FBS & Exness Comparison

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• Verdict

FBS and Exness are leading global Forex brokers, but which one should you trust with your Forex portfolios?

I have conducted an in-depth review of FBS vs. Exness to determine which presents the better overall choice and which types of traders will benefit the most at each broker.

Headquarters	Cyprus	Belize
Regulators	CMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCA	ASIC, CySEC, FSC Belize
Tier 1 Regulator(s)?
Owned by Public Company?
Year Established	2008	2009
Execution Type(s)	Market Maker	ECN/STP
Minimum Deposit	$10 (based on the account type)	$5
Negative Balance Protection
Trading Platform(s)	MetaTrader 4, MetaTrader 5, Proprietary platform	Other, MetaTrader 4, MetaTrader 5+
Average Trading Cost EUR/USD	0.6 pips	$11.00
Average Trading Cost GBP/USD	0.7 pips	$14.00
Average Trading Cost WTI Crude Oil	6.7 pips	$0.05
Average Trading Cost Gold	11.3 pips	$0.31
Retail Loss Rate	Undisclosed	69.21%
Minimum Raw Spreads	0.0 pips	Not applicable
Minimum Standard Spreads	0.3 pips	0.7 pips
Minimum Commission for Forex	$7.00 per 1.0 standard round lot	Commission-free
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
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A snapshot of the most notable advantages uncovered by our FBS review:

• Reasonable commission-free trading fees
• One account for all traders
• 23M+ traders from 150+ countries
• $500M+ in annual profits by FBS traders
• 48% of FBS traders consider their trading revenues as their main source of income
• One withdrawal request each 20 seconds
• 700K+ partners and $1.5M+ in monthly commission payouts

A snapshot of the most notable advantages of Exness:

• Ultra-low trading fees
• Swap-free trading on all Forex majors, most Forex minors, gold, crypto, and indices
• $5+ trillion in monthly trading volume
• 1.9 billion executed trades in 2023
• 800,000+ active traders
• 64,000+ partners
• Instant withdrawals
• VPS hosting and API trading
• Deep liquidity and excellent order execution

Features & Platforms

MT4
MT5
MT4/MT5 Add-Ons
cTrader
Proprietary Platform
Automated Trading
Social/Copy Trading
DOM?
Guaranteed Stop Loss
Scalping
Hedging
One-Click Trading
OCO Orders
Interest on Margin
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Available Markets

Currency Pairs
Cryptocurrencies
Commodities
Crude Oil
Gold
Metals
Equity Indices
Stocks (non-CFDs)
Bonds
ETFs
Options	N/A
Futures
Synthetics
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FBS offers traders a balanced asset selection with liquid trading instruments, ideal for receiving entry-level diversification, and here is why Exness is a better choice for Forex traders:

• More currency pairs
• Flexible leverage settings
• Swap-free trading on all Forex majors and crypto CFDs
• Cryptocurrency CFDs with multiple Bitcoin-fiat crosses, ideal for Forex traders

Typical Spreads & Fees

Average Trading Cost EUR/USD	0.6 pips	$11.00
Average Trading Cost GBP/USD	0.7 pips	$14.00
Average Trading Cost WTI Crude Oil	6.7 pips	$0.05
Average Trading Cost Gold	11.3 pips	$0.31
Average Trading Cost Bitcoin	161.1 pips	$20.00
Minimum Raw Spreads	0.0 pips	Not applicable
Minimum Standard Spreads	0.3 pips	0.7 pips
Minimum Commission for Forex	$7.00 per 1.0 standard round lot	Commission-free
Deposit Fee
Withdrawal Fee
Inactivity Fee	No	N/A
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FBS simplified its cost structure to offer one commission-free option. Exness provides traders with commission-free and commission-based alternatives, but which Forex broker is cheaper?

Exness has cheaper commission-free trading fees than FBS. Exness commission-based trading fees are significantly lower than FBS commission-free trading fees.

Account Types

Traders get demo accounts at FBS and Exness. Islamic accounts, otherwise known as swap-free accounts, are available at both Forex brokers, but Exness makes swap-free trading available to all traders.

FBS offers a demo account and Exness also offers a demo account.

FBS vs. Exness Primary Account Structure Differences

Here is what stands out the most:

• FBS has one account type
• Exness has more account type choices
• Exness has lower trading fees, resulting in more profits per trade

Minimum Deposit

How Difficult Is It to Deposit at FBS Vs. Exness?

FBS and Exness make depositing easy. While the payment processor determines the minimum transaction value at Exness, the best-priced accounts require a $500 deposit. FBS has one account with a $5 minimum deposit, but Exness maintains an edge as it supports more deposit currencies than FBS.

Minimum Withdrawal

Which Withdrawal Process Is Better: FBS or Exness?

The withdrawal process at FBS and Exness is efficient and fast, but Exness features instant to near-instant withdrawals without manual approval for verified Forex traders and payment processors. The FBS automated withdrawal system takes five to twenty minutes. FBS also has higher withdrawal fees, granting Exness the lead.

Security & Trust

Country of the Regulator	Cyprus, Kenya, Mauritius, Seychelles, United Kingdom, British Virgin Islands, South Africa, Curaçao	Australia, Belize, Cyprus
Name of the Regulator	CMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCA	ASIC, CySEC, FSC Belize
Regulatory License Number	SD025, 0003LSI, SIBA/L/20/1133, 51024, GB20025294, 178/12, 730729, 162	000102/6, 331/17, 426359
Regulatory Tier	N/A	4, 1, 1
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Which Broker Is More Secure and Trustworthy?

Traders receive negative balance protection at FBS and Exness, and both brokers segregate client deposits from corporate funds. Exness is also a Hong Kong-based Financial Commission member, extending an investor compensation fund of up to €20,000 for all traders. FBS and Exness are well-established brokers with an excellent track record spanning 10+ years. Therefore, I rank both as equally secure and trustworthy.

FBS versus Exness Verdict

FBS

Exness

Which Forex Broker Is Better?

FBS shines with its trading community and value-added services, introducing beginners to multi-asset trading. Exness delivers a highly competitive trading environment with deep liquidity and ultra-low-latency order execution.

My Verdict

FBS is a good choice for beginners seeking education and research, but Exness features ultra-low Forex trading fees, including swap-free trading, making it a notably superior Forex broker.

FAQs

How old is FBS broker?

FBS began its journey in 2009 and established itself among the best-known Forex brokers.

Is FBS broker fake or real?

FBS is a genuine broker, compliant with two regulators, and has 15+ years of spotless operational experience.

Is FBS a good Forex broker?

FBS is an excellent Forex broker for beginners, offering education and research, reasonable commission-free trading fees, a high-paying partnership program, and one account type with a $5 minimum deposit. Its massive trading community of 23M+ traders and 70,000+ partners confirms its excellence.

Which broker is better than Exness?

While many brokers offer education and research for beginners, Exness ranks among the leading Forex brokers across all categories relevant to an ultra-competitive trading environment.

Which is better: Exness or FBS?

FBS is better for beginners, but Exness is one of the best Forex brokers for active traders.

By Tobi Amure

Tobi Opeyemi Amure has more than seven years of experience as a financial market analyst. He holds a Bachelor's Degree from Obafemi Awolowo University. Tobi's main area of expertise is in personal finance and the Forex industry. He has contributed to top platforms such as Investopedia, GoBankingRates, and Investing.com, where his expertise in Forex markets and digital assets is widely recognized. Tobi’s engaging storytelling and data-driven analysis have earned him a feature on Forbes and TheStreet, setting him apart as a trusted voice in Forex and online finance. In his free time, he explores emerging Forex trends, refines his market strategies, and actively engages with the global finance community.

Reviewer DailyForex.com Team

The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. Holding over 16 years of experience in global financial markets, and 4 B.A. level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using the most advanced methodology in the industry. Also, the DFX team is involved in generating technical analysis, signals, and trading strategies, with a consistent commitment to accuracy and transparency. Whether you’re a beginner or a professional trader, the DFX Team works to ensure you have the tools and insights you need to succeed as a trader in the retail CFD industry.

Fact-checker Adam Lemon

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.