This contrast guide aids users who have a hard time to select in between FBS and Interactive Brokers to locate the best online broker for their trading and financial investment needs. It evaluates the highlights of both brokers alongside to assist customers contrast their service and make an educated decision.
To assist customers choose the best broker between FBS and Interactive Brokers to discover the best-suited platform, below is a list of broker’s pros and cons, adhered to by a comparison of their primary trading functions, consisting of trading platforms & tools, fees, mobile trading, down payment & withdrawal, assets, policy, and consumer support.
FBS vs. Interactive Brokers: Summary
FBS is a CFD broker founded in 2009. It is regulated by two tier-one regulators ( the CySec and ASIC) and is therefore considered trustworthy. FBS offers access to over 100 forex pairs and a handful of stocks, stock indexes, commodities and CFDs.
FBS charges low stock and stock index trading fees. The broker also doesn’t charge inactivity, deposit and withdrawal fees, which makes their overall costs low. FBS’s proprietary webtrader platform has an intuitive design and allows MetaTrader 4 and 5 integration. As a non-dealing desk (NDD) and STP broker, FBS guarantees fast and reliable order execution.
FBS’s customer support is available via email, phone, and WhatsApp 24/7.
Interactive Brokers is a highly trusted global broker with a well-rounded offer of tradable markets, great educational content and sophisticated order type configuration. It is a high trusted and well capitalize company with an industry leading trading platform, a competitive fee structure and great global market access. Their low entry level and the Global Trader platform, which is intuitive and easy to use trading station, make this broker s great choice for beginners and advanced forex traders.
Professional and seasoned traders will appreciate the great selection of advanced trading tools and order type configurations available on their proprietary Trader Workstation desktop platform (TWS).
Pros
- Low minimum deposit ($10)
- Low spreads from 0.8 pips EUR/USD
- Competitive stock trading fees
- Compatibility with MT4 and MT5
- Wide range of trading account types
Cons
- Comparing others relatively few trading instruments are offered
Pros
- Low minimum deposit ($0)
- Industry lowest overall fees
- Professional trading platform suitable for different types of traders
- Intuitive and easy to use mobile trading app
- Compatible features for casual and professional traders
- Responsive customer support
Cons
- Few deposit and withdrawal options
- Research and education materials missing
Key features
- Competitive overall fees
- Compatible with MetaTrader 4 and 5
- Access to 100+ forex pairs
- Up to 1:500 leverage for professional traders
- Standard, Cent, and Crypto accounts
- Free courses, webinars, lessons, and signals
Key features
- Margin loan rates on stocks of 1.3%
- Access to 135+ global markets
- Advanced order types, tools and features
- Access to frictional shares
- Lowest commissions in the industry
FBS vs. Interactive Brokers Comparison
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FBS
Interactive Brokers
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:3000 | 1:20 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 | 0 |
| Deposit Fee | 0 | 1% |
| Inactivity Fee | 0 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.5 pips | 0.2 pips + 0.08 to 0.20 bps times trade size comission |
| Stocks & ETF | 2.32 pips | $ 0.005 per share |
| CFD (Gold) | 2,32 pips | 0.02% |
| Crypto | 32.55 pips | 0.12% to 0.18% of trade value |
| Options | 0 | |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | |
| Overnight Fees | Yes on CFD’s |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100 | $0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | YES from US bank account | |
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 16.500 |
| ETF & Funds | 0 | 35.000 |
| Crypto | 0 | 4 |
| Commodities | 0 | 1 |
| Indices | 0 | 3052 |
| Options | 0 | 50.000 |
| Futures | 0 | 245 |
| Bonds | 0 | 1.000.000 |
| Forex Instruments | 44 | 115 |
| CFD Indices & Funds | 11 | 13 |
| CFD Stocks | 98 | 8.000 |
| CFD Commodities | 6 | 2 |
| CFD Crypto | 30 | 0 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
FBS vs. Interactive Brokers Comparison Conclusion
The results of our comparison of FBS vs. Interactive Brokers are involved the table below.
| Broker: | Best For: |
| FBS | Forex and CFD trading |
| Interactive Brokers | Stocks and ETFs |
Selecting the ideal option in between FBS and Interactive Brokers can be difficult. Both online brokers have similarities but differ concerning trading tools, platforms & apps, policy, down payment & withdrawals, and research and education. Picking the most effective broker depends on individuals’ trading & investment goals, individual choices, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.