FBS vs. XM Comparison

This contrast guide aids customers who struggle to select between FBS and XM to find the very best online broker for their trading and investment requirements. It examines the main features of the two brokers alongside to assist individuals compare their service and make a notified decision.

To assist users choose the appropriate broker between FBS and XM to discover the best-suited system, listed below is a list of broker’s advantages and disadvantages, followed by a contrast of their major trading features, consisting of trading platforms & tools, fees, mobile trading, deposit & withdrawal, properties, guideline, and consumer support.

FBS vs. XM: Summary

FBS logo

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.

XM logo

XM is a Best-in-Class broker offering a complete MetaTrader suite coupled with upgrades to enhance trading experience and use of custom indicators. Through its various brands, XM offers traders a total of 1,230 CFDs across multiple asset classes, including forex, cryptos, stocks and CFDs.

XM offers low min deposits and wide range of account types. XM Forex offers low spreads and flexible lot sizes and is considered an average-risk trader. They are privately owned and do not operate a bank.

XM is regulated and authorized by the Australian Securities & Investment Commission (ASIC) and the UK’s Financial Conduct Authority (FCA)

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

  • Very good customer support
  • Very competitive trading fees
  • Good choice of different trading platforms

Cons

  • Could have more deposit and withdrawal options

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

  • Access to 1,000+ trading instruments
  • Trade the markets your way using one or multiple of the 16 available trading platforms including MT4 and MT5
  • No re-quotes nor order rejections
  • Broad range of educational material offered in the form of webinars, videos, live trading education sessions, and podcasts
  • Extensive research tools via XM Research Centre including trade ideas, technical summaries, and a detailed economic calendar
  • Free VPS perfectly suited for EAs and other automated trading software

FBS vs. XM Comparison

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Compare brokers
FBS logo

FBS

Open account Read review

75.2% of retail CFD accounts lose money

XM logo

XM

Open account Read review

75.59% of retail CFD accounts lose money

BROKER COMPARISON

FBS logo
XM logo

Overall rating

4,1/5

4,1/5

Overall rating

4,1/5

4,1/5

Trading Platform & Tools

4.2

3.9

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:3000 1:888
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.5

4.1

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.5 pips 1.6 pips
Stocks & ETF 2.32 pips 0,1% – (min $5)
CFD (Gold) 2,32 pips 3 pips
Crypto 32.55 pips
Options 0 0
Conversion Fees 0
Misc. Fees 0
Overnight Fees

Mobile Trading

5.0

4.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.1

3.8

See details
Minimum deposit (in UAE) $100 $5
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

1.9

2.8

See details
Shares 0 100
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 44 55
CFD Indices & Funds 11 14
CFD Stocks 98 1286
CFD Commodities 6 14
CFD Crypto 30 5
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.3

5.0

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

FBS vs. XM Comparison Conclusion

The outcomes of our comparison of FBS vs. XM are wrapped up in the table below.

Broker:Best For:
FBSForex and CFD trading
XMResearch & Education

Selecting the right choice in between FBS and XM can be challenging. Both online brokers have resemblances but differ pertaining to trading tools, systems & apps, guideline, down payment & withdrawals, and research study and education and learning. Picking the most effective broker depends upon customers’ trading & financial 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.

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