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fbs inc logo

fbs inc

7.7/10

Fortrade

7.7/10
10/10RegulationTied10/10
1/10FeesWinner10/10
7/10PlatformsWinner9/10
6/10WinnerEducation & Research0/10
10/10WinnerDeposits & Withdrawals8.5/10
10/10SupportTied10/10

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Overview

fbs inc was founded in 2018 and is headquartered in Australia, while Fortrade was established in 1992 and is based in UK. fbs inc holds licences including Financial Conduct Authority (FCA), while Fortrade is regulated by Financial Conduct Authority (FCA) FRN: 609970 among others. fbs inc serves 10,000+ clients worldwide; Fortrade has 10,000+. The minimum deposit is $250 at fbs inc and $1 at Fortrade.

Tied
Featurefbs incFortrade
Min. Deposit$250$1
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F225Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20
Founded20181992
CountryAustraliaUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between fbs inc and Fortrade, directly affecting your bottom line as a trader. Fortrade has a lower barrier to entry with a minimum deposit of $1 (vs $250 at fbs inc). Neither broker charges withdrawal fees. Fortrade charges deposit fees; fbs inc does not. Overall, Fortrade scores higher on fees in our assessment.

Fortrade wins this category
Featurefbs incFortrade
Min. Deposit$250$1
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

fbs inc offers MT5, cTrader, while Fortrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fbs inc supports social and copy trading features, which Fortrade does not offer. Fortrade edges ahead on platform breadth and functionality in our scoring.

Fortrade wins this category
Featurefbs incFortrade
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4, Binary, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how fbs inc and Fortrade compare. fbs inc runs regular live webinars; Fortrade does not. fbs inc has a video library; Fortrade does not. fbs inc publishes daily market commentary; Fortrade does not. fbs inc integrates third-party research tools (Trading Central); Fortrade does not. fbs inc maintains an archive of past webinars for on-demand viewing. fbs inc scores higher overall in education and research.

fbs inc wins this category
Featurefbs incFortrade
Forex EducationNoNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fbs inc accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Fortrade supports 4 (bank transfer, credit/debit card, PayPal, Neteller). fbs inc uniquely supports Skrill among the two brokers. fbs inc scores higher on deposit and withdrawal flexibility.

fbs inc wins this category
Featurefbs incFortrade
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillYesNo
NetellerYesYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fbs inc and Fortrade offer live chat support. Both provide phone support. Email support is available at both brokers. fbs inc supports 8 languages and Fortrade supports 1, giving fbs inc broader global reach. Both brokers are comparable on support quality.

Tied
Featurefbs incFortrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish