FBS Vs. IG - Compare Trustworthiness, Capabilities, Fees and Legitimacy

FBS is a global broker established in 2009 that specialises in currencies trading via MetaTrader 4 & 5 platforms along with their own proprietary mobile app.

IG is a global broker established in 1974 that holds 8 reputable financial licenses and provides CFD trading on stocks, commodities, ETFs, indices, cryptocurrencies, bonds, futures, options along with real stocks through their share dealing account.

• New traders looking to trade via MT4 with really low starting amounts using their Cent or Micro accounts
• Experienced high volume traders looking for a fixed zero spread account

• Professional traders looking to exploit their customisable platform and broad asset offering
• High volume traders that can offset their commission costs by trading in larger volumes

• IFSC (Belize)
• CySec (Cyprus)
• ASIC (Australia)
• FSCA (South Africa)

• ASIC (Australia)
• FMA (New Zealand)
• NFA (United States)
• DFSA (United Arab Emirates)
• FINMA (Switzerland)
• MAS (Singapore)
• FFAJ (Japan)
• FSCA (South Africa)
• BMA (Bermuda)

• Clear account offering that covers all levels of traders according to their net worth
• Proprietary copy trading service
• Access to high leverage (Up to 1:3000)

• Broad platform offering with high customisability and integrated news feeds
• Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs

• Asset offering is extremely limited with over 100+ instruments
• Minimum deposit for ECN account is high $1,000

• There are too many small costs such as custody, in-and-out-commissions in some cases, management fees, etc
• Their standard contracts can be too large some times for low volume traders

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• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Visa
• Mastercard
• Maestro
• Neteller
• Sticpay
• Skrill
• Perfect Money
• Bank Transfer (depending on location and entity)
• Bitcoin
• Ethereum
• USDT (Tether)

• Visa
• Mastercard
• Bank Transfer
• Paypal

JP, US, CA, MY, IL, IR.

SY, IR.

After 24 months of inactivity, IG charges an $18 monthly fee.

FBS commissions vary per account type as follows:

• Cent account: none
• Micro account: none
• Standard account: none
• Zero spread account: From $20 per lot
• ECN account: From $6 per lot
• Crypto account: 0.05% for opening or closing positions

Yes, they charge depending on the client’s account base currency and exchange location of the shares being traded. For example, for some clients US shares can have a minimum charge of $10 in-and-out.