FBS

FBS

🟢 Tier 1 Regulated
7.2
/ 10
vs
FXGT

FXGT

🟢 Tier 1 Regulated
7.2
/ 10

FBS vs FXGT

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

FBS and FXGT are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FBS, founded in 2009 and headquartered in Belize City, Belize, is regulated by IFSC, CySEC and offers spreads starting from 0.7 pips with a minimum deposit of $5. FXGT, established in 2019 in Limassol, Cyprus, holds licenses from CySEC, FSA with spreads from 0.0 pips and a $5 minimum deposit. In our hands-on testing across 8 scoring categories, FBS scored 7.2/10 overall compared to FXGT's 7.2/10, making it the stronger pick for most traders. That said, FXGT holds its own with lower trading costs and stronger regulation, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    FBS scores 7.2/10 overall vs 7.2/10 for FXGT — a 0.0-point difference.

  • 📈

    FXGT offers 400+ instruments vs 250+ at FBS — a notable difference in market coverage.

  • 🖥️

    FBS runs on MT4, MT5, FBS Trader App, while FXGT uses MT5 — different ecosystems for different trading styles.

  • The biggest gap is in Regulation & Trust: FXGT scores 7.5 vs 6.5 for FBS — a 1.0-point difference.

Our Verdict

🏆 WINNER
FBS

FBS

Score: 7.2/10 · Wins 1 categories
  • You're a beginner who values learning resources
  • You prefer FBS's trading environment overall
FXGT

FXGT

Score: 7.2/10 · Wins 4 categories
  • You want lower spreads and trading fees
  • Top-tier regulation and fund safety are your priority
  • Responsive customer support matters to you
  • You want access to a wider range of instruments

FBS takes the lead with an overall score of 7.2/10 compared to 7.2/10, winning in 1 out of 8 scoring categories. FBS stands out for superior education resources, while FXGT fights back with lower trading costs and stronger regulation.

Detailed Verdict

After testing both brokers with real accounts, FBS comes out ahead with a 7.2/10 overall rating, winning 1 out of 8 categories. Its strongest area is Deposit & Withdrawal where it scores 8.0/10. FBS holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. FXGT is not without merit — it scores 7.2/10 overall and excels in Deposit & Withdrawal (8.0/10), winning 4 categories. Traders who value lower trading costs or stronger regulation may find FXGT the better fit. For a complete breakdown, read our full FBS review and FXGT review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

FBS
FXGT
Trading Costs
7.0 7.5

FXGT wins by 0.5 points

Platforms & Tools
7.0 7.0
Regulation & Trust
6.5 7.5

FXGT wins by 1.0 points

Education
7.5 6.5

FBS wins by 1.0 points

Customer Service
7.0 7.5

FXGT wins by 0.5 points

Research & Analysis
6.5 6.5
Deposit & Withdrawal
8.0 8.0
Product Range
6.5 7.0

FXGT wins by 0.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.2/10
7.2/10
Min Deposit
Lower is better
$5
$5
Max Leverage
1:3000
1:1000
Spreads From
0.7 pips
0.0 pips
Platforms
MT4, MT5, FBS Trader App
MT5
Regulation
IFSC, CySEC
CySEC, FSA
Founded
Older track record highlighted
2009
2019
Markets
250+
400+
FBS: 0 FXGT: 1
💰

Fees & Costs

🏅 Section Winner: FXGT (7.0 vs 7.5)

When it comes to trading costs, FXGT has the edge with a score of 7.5/10 versus 7/10 for FBS. FBS offers spreads starting from 0.7 pips, while FXGT starts from 0.0 pips. The minimum deposit at FBS is $5, compared to $5 at FXGT. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

FBS
7.0
FXGT
7.5
FBS: 0 FXGT: 1
🖥️

Trading Platforms

FBS scores 7/10 for platforms compared to 7/10 for FXGT. FBS provides MT4, MT5, FBS Trader App, while FXGT offers MT5. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

FBS
7.0
FXGT
7.0
FBS: 0 FXGT: 2
🛡️

Regulation & Safety

🏅 Section Winner: FXGT (6.5 vs 7.5)

Regulation is crucial for fund safety. FBS is regulated by IFSC, CySEC (Tier 1), while FXGT holds licenses from CySEC, FSA (Tier 1). FBS scores 6.5/10 and FXGT scores 7.5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.

FBS
6.5
FXGT
7.5
FBS: 1 FXGT: 2
📚

Education & Research

🏅 Section Winner: FBS (7.5 vs 6.5)

For learning resources, FBS leads with 7.5/10 compared to 6.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. FBS and FXGT both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

FBS
7.5
FXGT
6.5
FBS: 1 FXGT: 3
🎧

Customer Support

🏅 Section Winner: FXGT (7.0 vs 7.5)

FBS offers 24/7 Live Chat, Email, Phone and scores 7/10, while FXGT provides 24/7 Live Chat, Email with a score of 7.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

FBS
7.0
FXGT
7.5
FBS: 1 FXGT: 3
💳

Deposit & Withdrawal

FBS scores 8/10 for deposits and withdrawals, while FXGT scores 8/10. FBS accepts Bank Transfer, Credit Card, Skrill, Neteller, Sticpay, and FXGT supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. FBS requires a minimum deposit of $5 versus $5 for FXGT. Always check withdrawal conditions and any potential fees before funding your account.

FBS
8.0
FXGT
8.0

Which Broker Is Right for You?

FBS

Choose FBS if you...

  • You're a beginner who values learning resources
  • You prefer FBS's trading environment overall
Visit FBS
FXGT

Choose FXGT if you...

  • You want lower spreads and trading fees
  • Top-tier regulation and fund safety are your priority
  • Responsive customer support matters to you
  • You want access to a wider range of instruments
Visit FXGT

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is FBS better than FXGT?

FBS scores higher overall (7.2/10 vs 7.2/10), winning 1 of 8 categories. However, FXGT is stronger in lower trading costs and stronger regulation. The best choice depends on what matters most to your trading style.

Which has lower fees, FBS or FXGT?

FXGT scores higher for trading costs. FBS offers spreads from 0.7 pips with a $5 minimum deposit, while FXGT starts from 0.0 pips with $5 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is FBS safe to trade with?

FBS is regulated by IFSC, CySEC and scores 6.5/10 for regulation. FXGT is regulated by CySEC, FSA with a score of 7.5/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, FBS or FXGT?

FBS scores 7/10 for platforms. FBS offers MT4, MT5, FBS Trader App, while FXGT provides MT5. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for FBS vs FXGT?

FBS requires a minimum deposit of $5, while FXGT requires $5. FXGT has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.

Ready to Start Trading?

Open a free account with either broker and start trading today.

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