FBS
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76.5% of retail CFD accounts lose money.

Vs.

Nextmarkets
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52.55% of retail CFD accounts lose money.

FBS Vs. Nextmarkets - Compare and Choose the Right One

Updated May 13 2022

Visit

76.5% of retail CFD accounts lose money.

Visit

52.55% of retail CFD accounts lose money.

Overview

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.

Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas.

Best For
  • 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
  • New investors and traders looking to explore their social and copy trading offering via live coaches
  • New investors and traders looking for a simple and friendly mobile app for commission-free investing in stocks or equities
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

3

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • IFSC (Belize)
  • CySec (Cyprus)
  • ASIC (Australia)
  • FSCA (South Africa)
  • MFSA (Malta Financial Services Authority)
The Good
  • 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)
  • Their “trading ideas” and “live coaches” offering is quite interesting and provides a lot of value for new traders
  • Their proprietary platform is very simple and easy to use
  • Their equities offering is completely commission-free
The Bad
  • Asset offering is extremely limited with over 100+ instruments
  • Minimum deposit for ECN account is high $1,000
  • Asides from stocks and ETFs, their asset offering lacks variety
  • Their web platform is completely impractical to use for professional trading
  • They don’t let you enjoy your demo trading experience in peace, there is a constant pop-up asking you to fund your account at all times
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 Day 1 Day
📋 Documents Required
  • 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.

📍 Year Founded
2009 2014
💳 Minimum Deposit
From $1 to $1,000 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Maestro
  • Neteller
  • Sticpay
  • Skrill
  • Perfect Money
  • Bank Transfer (depending on location and entity)
  • Bitcoin
  • Ethereum
  • USDT (Tether)
  • Visa
  • Mastercard
  • Bank Transfer
💵 Account Base Currencies
3 - EUR, USD, AUD. 2 - EUR, GBP.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
JP, US, CA, MY, IL, IR. US, CA, SY, IR.
📊 STP Account
Yes No
📊 DMA Account
No Yes
📊 ECN Account
Yes No
Assets
📚 Available Assets

CFDs on stocks, currencies, commodities, cryptocurrencies and indices.

  • Real stocks and ETFs
  • CFDs on stocks, ETFs, commodities, indices, currencies, bonds and cryptocurrencies.
📙 Stocks
104 8,000+
📘 Currency Pairs
102 22
📗 Commodities
8 5
📕 Indices
12 5
📔 ETFs
N/A 1,000+
💸 Cryptocurrencies
28 4
📒 Bonds
N/A 1
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:

All of FBS assets are CFDs.

Nextmarkets provides both CFDs and real stocks or ETFs.

Trading Experience
📈 Minimum Stock Trade Size
$1,000 - 0.01 Lots 1 Share
📉 Minimum ETFs Trade Size
N/A 1 ETF
📈 Minimum Crypto Trade Size
$1,000 - 0.01 Lots Varies per Cryptocurrency (eg: 0.1 BTC with leverage 1:2)
📉 Minimum FX Trade Size
$1,000 - 0.01 Lots $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 - 0.01 Lots Varies per commodity (eg: 1 contract of Gold - 1 trojan ounce)
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:3000 Up to 1:30
💪 Professional Leverage
N/A Up to 1:100
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
Yes Yes
👫 Social Trading
Yes Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
No No
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions

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
No
Spreads
📈 EUR/USD
From 0 to 3 Pips based on account type Dynamic - From 0.6 Pips
📉 SP500
Dynamic - From $1.7 Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 32 Pips Dynamic - From 40 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.08 Dynamic - From $2
📈 XLK (ETF - CFD)
N/A Dynamic - From $0.1 to 0.3
📉 BTC
Dynamic - From $104 Dynamic - From $125
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes No
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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