BrokerDNA

The BROKERDNA score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.

This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.

FBS Inc
0 /10

The BROKERDNA score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.

This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.

VISIT FBS INC
FXDD
6.8 /10

The BROKERDNA score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.

This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.

VISIT FXDD
XTB
10 /10

The BROKERDNA score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers.

This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here.

VISIT XTB
About

FBS Inc is regulated by IFSC, CRFIN. FBS Inc have provided Forex, Indices trading services since 2009.

FXDD is regulated by MFSA. FXDD have provided Forex, Metals, Options, CFD, Oil trading services since 2002.

XTB is regulated by the Financial Conduct Authority. XTB have provided Forex, CFD, and social trading services since 2002.

Why choose them?
  • Yes Over 9 years in business
  • Yes
  • Yes
  • Yes Over 16 years in business
  • Yes
  • Yes
  • Yes Over 16 years in business
  • Yes Segregates clients funds
  • Yes Regulated by Financial Conduct Authority, KNF, and CMB.
Headquarters Vasileos Georgiou A 89, Office 101, Potamos Germasogeias 4048, Limassol, Cyprus Floriana, Malta Level 34, One Canada Square, Canary Wharf, E14 5AA, London, UK

TRADING SERVICES OFFERED

Spot Forex Yes Yes Yes
Forex (CFD) Yes No Yes
CFD Yes No Yes
Spread Betting No No No
Social Trading No Yes No
MARKETS & INSTRUMENTS
Forex (currency pairs) 48
Commodities Offered 21
Stocks Offered N/A 10 1606
Bitcoin No No Yes
Majors Yes Yes Yes
Indices Yes No Yes
US Stocks No No Yes
Penny stocks No No Yes
Energies No No Yes
Metals Yes Yes Yes
Agriculturals No No Yes
FTSE No No Yes
Dow Jones No No Yes
Dax No No Yes
Nikkei No No Yes
ETFs Yes Yes Yes
IPO No No Yes
See all instruments

Losses can exceed deposits

See all instruments

Losses can exceed deposits

See all instruments

Losses can exceed deposits

PLATFORM & FEATURES

See the platforms and features offered by each broker

Screenshot image image image
MT4 Yes Yes Yes
MT5 Yes No No
MT4 Mac Yes No Yes
WebTrader Yes Yes Yes
Mirror Trader No Yes Yes
ZuluTrade No Yes No
Sirix No No No
cTrader No No No
PAMM No Yes No
Custom Platforms No RoboX Xstation5

APPS

iOS image Yes Yes Yes
Android image Yes Yes Yes
Windows image Yes Yes Yes
Available Languages

English, Spanish, Portuguese, Arabic, Chinese, Japanese, Indonesian, Malaysian, Thai, Urdu, and Vietnamese

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, Turkish, Arabic, and Russian.

See platform & features

Losses can exceed deposits

See platform & features

73.6% of retail investor accounts lose money when trading CFDs with FXDD Malta Ltd.

See platform & features

77% of retail investor accounts lose money when trading CFDs with this provider.

ACCOUNT INFORMATION

From micro accounts to ECN accounts, compare the accounts offered by FBS Inc and FXDD

Demo account Yes Yes Yes
Mini account Yes Yes Yes
Micro account Yes Yes Yes
Standard account Yes Yes Yes
ECN Account No No No
Islamic account Yes Yes Yes
Zero spread account Yes No No
VIP account Yes No Yes
Fixed spreads Yes No Yes
Variable spreads Yes Yes Yes
See account options

Losses can exceed deposits

See account options

73.6% of retail investor accounts lose money when trading CFDs with FXDD Malta Ltd.

See account options

77% of retail investor accounts lose money when trading CFDs with this provider.

TRADING CONDITIONS

Scalping Yes Yes Yes
Hedging Yes No Yes
Expert advisors (EAs) Yes Yes Yes
Virtual private server Yes No No
Direct market access No Yes Yes
STP broker Yes No Yes
Market maker Yes Yes Yes
Min trade 0.01 Lot 01 Lot 0.01 Lot
Max trade 200 None 100 Lot
Min deposit $1 $1 $1

RISK MANAGEMENT

Stop losses Yes Yes Yes
Limit orders Yes Yes Yes
One-click trading Yes Yes Yes
Trailing stops No Yes Yes
Price alerts No No Yes
Signal trading Yes No Yes

FUNDING METHODS

Credit card Yes No Yes
Bank transfer Yes Yes Yes
Standard account Yes Yes Yes
Paypal No No Yes
Neteller Yes No Yes
Skrill Yes No Yes
Payment processing time 1 business day 2 business days Same day if requested before 1PM
Withdrawal processing time Same day 5 to 10 business days Same day if requested before 1PM
See all funding options

Losses can exceed deposits

See all funding options

73.6% of retail investor accounts lose money when trading CFDs with FXDD Malta Ltd.

See all funding options

77% of retail investor accounts lose money when trading CFDs with this provider.

DETAILED INFO

Excluded countries US US US,IN,PK,BD,IQ,IR,IL,AF,AU,CA
Contact email Send Email Send Email Send Email
Phone number +357 25313540 (356) 20133933 44 2036953085
Live Chat Yes No Yes
Website https://fbs.com/ http://www.fxdd.com/mt/en.html www.xtb.com
Spreads:
EUR/USD (Average: 0.7 pips) 0.5 pips 1.6 pips + $3.00 0.1 pips
GBP/USD (Average: 1.1 pips) 0.7 pips 1.8 pips + $3.00 0.1 pips
USD/JPY (Average: 1.1 pips) 1.0 pips 1.6 pips + $3.00 0.1 pips
AUD/USD (Average: 0.8 pips) 0.6 pips 1.7 pips + $3.00 0.2 pips
USD/CHF (Average: 2.3 pips) 3.0 pips 2.0 pips + $3.00 0.2 pips
USD/CAD (Average: 2.9 pips) 1.0 pips 1.8 pips + $3.00 0.3 pips
NZD/USD (Average: 3.6 pips) 1.0 pips 1.8 pips + $3.00 0.3 pips
EUR/GBP (Average: 2.4 pips) 1.0 pips 1.7 pips + $3.00 0.1 pips
View all spreads

Losses can exceed deposits

View all spreads

73.6% of retail investor accounts lose money when trading CFDs with FXDD Malta Ltd.

View all spreads

77% of retail investor accounts lose money when trading CFDs with this provider.

FEES

Inactivity Fee Yes No
Commission No No Yes
Deposit Fee No No
Withdrawal Fee No No No
View All Fees

Losses can exceed deposits

View All Fees

73.6% of retail investor accounts lose money when trading CFDs with FXDD Malta Ltd.

View All Fees

77% of retail investor accounts lose money when trading CFDs with this provider.

Featured In Best Brokers That Accept Perfect Money
Best Brokers With VPS
Best Brokers For Major Pairs
Best Brokers For EUR/USD
Best Brokers For Indices
Best Brokers For Stocks
Best Brokers For Natural Gas
Best FTSE100 Brokers
Best Dow Jones Brokers
Best DAX Brokers
Best Brokers That Accept PayPal
Best Forex Islamic Accounts
Best Litecoin Brokers
Best Brokers For Gold
Best Brokers For Copper
Last update

All information collected from https://fbs.com/. Last updated on 01/08/2019.

All information collected from http://www.fxdd.com/mt/en.html. Last updated on 01/08/2019.

All information collected from www.xtb.com. Last updated on 01/08/2019.

Company

Since starting in 2009 FBS have amassed over 700,000 traders located all around the world in over 120 countries. FBS attribute their growth to listening to their traders and providing them with what they asked for including 100% regular contests, 24 hour customer support five days a week, deposits and withdrawals in any currency, low minimum deposits, no requotes and split second execution of trades. FBS have quickly become world leading broker you can trust.

FXDD is a trusted online broker regulated by multiple authorities around the world including the Financial Conduct Authority in the UK. FXDD offer customised solutions to everyone from retail traders, hedge fund managers to white label products. Their global reach and state of the art technology have enabled FXDD to outgrow other brokerages and become a global force in Forex trading. They provide customer service in 13 languages and have a devoted client service no matter the size of the trader. FXDD also provide comprehensive training to cater for all levels of traders and hold daily interactive classes taught by expert analysts on top of the web based tools including trading calculators. They provide two simple pricing models, standard and ECN. Standard offers low spreads with no commissions and guaranteed zero slippage. ECN provides low direct raw spreads with no markups and a small $2.99 per standard lot commission with a 99% fill rate.

XTB provides hyper fast execution and facilitates seminars with external professional traders, providing personalised education depending on your individual circumstances.

XTB operates with two factors in mind; to provide traders with the fastest execution speeds and to be the most transparent broker on the market, which is reflected by the services and products they provide.

XTB also have a dedicated education area - the Trading Academy - which contains material to help you become a better trader, including video tutorials, trading courses, articles and much more to improve your skills at every step of your trading journey.

If you are looking for a broker that is regulated by the Financial Conduct Authority and focuses on transparency, fast execution speeds and customer service, XTB is a great option.

For more information about trading with XTB, we have put together an in-depth XTB review covering the pros and cons of this broker.

Popular comparisons

Popular comparisons feat. FBS Inc

FBS Inc Alternatives

FBS Inc vs XM
FBS Inc vs IC Markets
FBS Inc vs OctaFX
FBS Inc vs Exness
FBS Inc vs FXTM

Popular comparisons feat. FXDD

FXDD Alternatives

ETX Capital vs FXDD
Core Spreads vs FXDD
Plus500 vs XM
IG vs FXDD
Avatrade vs FXDD

Popular comparisons feat. XTB

XTB Alternatives

XTB vs IG
XTB vs Plus500
XTB vs eToro
XTB vs Interactive Brokers
XTB vs XM

FBS Inc or FXDD?

Low spreads or a wide range of instruments?

If you’re a trader looking for a broker with low spreads on popular instruments like EUR/USD, FBS Inc is likely a better option. However, if you want a broker with a large range of instruments available to trade, FXDD may be more suitable.

Which broker is more reliable?

You can determine a broker’s reliability & trustworthiness by looking at eight factors:

  • Who are they regulated by?
  • How long have they been around for?
  • Do they hold your money in a separate bank account?
  • Do they use reputable “tier-1” banks like Barclays, Goldman Sachs or HSBC?
  • Have they been fined or penalised in the last five years?
  • The popularity of their service/website
  • Are they publicly listed?
  • Where are they located?

Based on these eight factors, we consider FBS Inc and FXDD to be equally reliable. We’ve broken down why below:

Who are they regulated by?

FBS Inc is regulated by Uncertain, while FXDD is regulated by MFSA.

XTB are also regulated by the Financial Conduct Authority.

How long have they been around for?

If a broker has been around for a long period of time, they’re likely to be more reliable (in comparison, most scam brokers only exist for several years before they disappear).

This also suggests that a broker has good risk management processes that have prevented them being caught out by major financial events, as was the case with Alpari UK going bust when they were there was a policy reversal of capping the Swiss Franc against the Euro.

FBS Inc has been around for 10 years, while FXDD have been around for 17 years. Our third alternative broker, XTB, have been around for 17 years.

Do they hold your money in a separate bank account?

You wouldn’t want your broker paying their staff out of the same bank account account that you’re depositing your trading funds into, would you?

Fortunately, all regulated brokers must use segregated bank accounts to hold client money. This is one of the reasons why we only feature regulated brokers here on BrokerNotes.

All three brokers above will hold your money in a separate bank account.

Do they use reputable “tier-1” banks like Barclays, Goldman Sachs or HSBC?

Most tier-1 banks like Barclays and HSBC have been around for over 100 years and manage trillions of dollars of assets, proving that they have stood the test of time.

Both FBS Inc and FXDD use tier one banks, but we are not sure of which bank specifically.

Have they been fined or penalised in the last five years?

If a broker has been penalised by a regulator in the past five years, it may mean that they were caught doing something they shouldn’t be doing - which may be of concern to you as an end client.

How popular is their service/website?

While not always the case, the number of traders a broker has can be a good metric for understanding how reputable a brokers is.

Are they publicly listed?

Companies that are publicly listed on a stock exchange tend to be considered more reputable as they will be required to disclose their financials, and aspects of their operations, to the public.

Both FBS Inc and FXDD are privately owned companies.

Where are they located?

Most reputable brokers tend to be headquartered in a major capital city or a financial hub such as Cyprus.

FBS Inc are based in Vasileos Georgiou A 89, Office 101, Potamos Germasogeias 4048, Limassol, Cyprus, while FXDD are based in Floriana, Malta .

Do they offer the features you need?

Assuming the brokers you’re choosing between are reputable, the next point to consider is whether they offer all of the features you require to trade.

This can be broken down into three categories:

  • Services & instruments
  • Platforms & account types
  • Trading features, risk management tools & funding methods

Services and Instruments

If you’re looking to trade currency pairs, both FBS Inc and FXDD offer forex trading. Also, if you’re looking to trade cryptocurrencies,

neither FBS Inc nor FBS Inc offer commodity trading.

FXDD also offer social trading, which allows you to follow the trading activity, engage in discussion, and even copy the trades of other traders.

Platforms & Account Types

If you trade forex, there’s a good chance you might want a broker that offers the popular MT4 trading platform. If that’s the case, both FBS Inc and FXDD offer this. FBS Inc also offer the new & improved MT5 platform. Our alternative broker, XTB, also offers MT4 and MT5.

In addition to the platform, you’ll also want to ensure that the broker you choose offers the account type best suited to your needs. FBS Inc, for example, offer a mini account, standard account and VIP account.

For Muslim traders, FBS Inc offers an Islamic account, which doesn’t accrue interest or incur/receive rollover swap points, as this is prohibited in Shariah law. You can learn more & compare Islamic trading accounts head-to-head here.

Trading features, risk management tools & funding methods

If you have a certain trading style (e.g. scalping, hedging, or using EAs), you’ll want to double check that the broker you choose allows this, as not all of them do.

FBS Inc does allow scalping and hedging. While FXDD also allows scalping but doesn't allow hedging. You can trade with EAs (expert advisors) on both FBS Inc and FXDD.

In terms of risk management tools, neither FBS Inc or FXDD offers negative balance protection. Negative balance protection prevents you owing your broker more than you’ve deposited.

FBS Inc also offer stop losses and limit orders to help you automate aspects of your trading strategy.

FBS Inc accept Neteller while

Are they affordable for what you need?

Comparing the fee structures of different brokers can be a minefield at times. The important thing to consider is what the spreads & fees are on the specific instruments and account type that you will be using.

For trading EUR/USD, FBS Inc charges points, while FXDD charges 0.50 points. Therefore, FBS Inc is the more affordable for this instrument. If you want to compare their spreads across more instruments, You can jump back up to our comparison of their currency pair & indice spreads above.

Another consideration is whether or not your broker charges inactivity, deposit/withdrawal fees, or commissions on trades. If you’re a frequent trader, inactivity fees are unlikely to be an issue.

The Verdict: FBS Inc or FXDD?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, FXDD is more reliable based on our criteria above. FXDD has a wider range of instruments to trade. FXDD offer lower spreads on popular forex instruments like EUR/USD and are used by more traders.

Both brokers offer demo accounts, allowing you to test their platforms to see which is suitable for you. You can test drive their demos using the links below:

Finally, if you’re really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable broker based on your precise requirements here.

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.