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

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.

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.

• 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

• 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

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

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

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

• 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)

• 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

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

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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
• Bank Transfer
• Paypal

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

SY, IR.

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

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

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.

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