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


Visit 76.5% of retail CFD accounts lose money.	Visit 74-89% 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.	RoboForex is an international broker established in 2009 which also owns the brand RoboMarkets and specialises on CFD trading over several asset classes.
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	Intermediate and Professional traders looking for different account offerings Experienced traders looking for trading platform variety
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)	IFSC (International Financial Services Commission of Belize)
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)	Comprehensive asset offering with more than 13,000+ instruments Great platform variety (MT4, MT5, cTrader and their own proprietary platforms) Custom account types with spreads from 0 pips
The Bad
Asset offering is extremely limited with over 100+ instruments Minimum deposit for ECN account is high $1,000	Weak regulatory framework (counting on 1 license from the IFSC) Doesn’t accept clients from the UK, EU and a few other countries
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
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	2009
💳 Minimum Deposit Range
From $1 to $1,000	$10
💰 Payment Methods
Visa Mastercard Maestro Neteller Sticpay Skrill Perfect Money Bank Transfer (depending on location and entity) Bitcoin Ethereum USDT (Tether)	Visa Mastercard JCB AstroPay Skrill Neteller Perfect Money AdvCash NganLuong Wallet Bank transfers (SEPA, local and several options per country)
💵 Account Base Currencies
3 - EUR, USD, AUD.	4 - USD, EUR, CNY, GOLD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
JP, US, CA, MY, IL, IR.	US, CA, JP, AU, BQ, CW, TL, RU, GQ, FM, MP, SJ, SS, UK, European Union.
📊 STP Account
Yes	Yes
📊 DMA Account
No	No
📊 ECN Account
Yes	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
254	13,206
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
104	12,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
102	40
📗 Commodities
0	0
📗 Commodities CFDs
8	100
📕 Indices
0	0
📕 Indices CFDs
12	50
📔 ETFs
0	0
📔 ETFs CFDs
0	1,000
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
28	16
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
$1,000 - 0.01 Lots	$1,000 (0.01 Lots)
📉 Minimum ETFs Trade Size
Unavailable	$1,000 (0.01 Lots)
📈 Minimum Crypto Trade Size
$1,000 - 0.01 Lots	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 - 0.01 Lots	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 - 0.01 Lots	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
3000	2000
💪 Professional Leverage
Unavailable	Unavailable
✍ Customisable Leverage
Yes	Yes
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	Yes
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	Yes for some methods (eg: Some bank withdrawals can cost up to 1.5% of the amount).
💰 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	Yes depending on account type (eg: for ECN accounts there are commissions up to $20).
Spreads
📈 EUR/USD
Dynamic - From 0 to 3 Pips	Dynamic - From 0 to 1.4 Pips
📉 SP500
Dynamic - From 170 Pips	Dynamic - Market Spread
📈 GOLD
Dynamic - From 32 Pips	Dynamic - From 17 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.08	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable	Dynamic - Market Spread
📉 BTC
Dynamic - From $104	Dynamic - From $220
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
No	No
📡 Live Chat Support
No	No
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
No	No