fbs inc
ICICI Direct
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Overview
fbs inc was founded in 2018 and is headquartered in Australia, while ICICI Direct was established in 1994 and is based in India. fbs inc holds licences including Financial Conduct Authority (FCA), while ICICI Direct is regulated by Securities and Exchange Board of India (SEBI) among others. fbs inc serves 10,000+ clients worldwide; ICICI Direct has 2,000,000+. The minimum deposit is $250 at fbs inc and $0 at ICICI Direct.
| Feature | fbs inc | ICICI Direct |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Regulation | Financial 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-F225 | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2018 | 1994 |
| Country | Australia | India |
| Clients | 10,000+ | 2,000,000+ |
Fees
Fees are a critical factor when choosing between fbs inc and ICICI Direct, directly affecting your bottom line as a trader. ICICI Direct has a lower barrier to entry with a minimum deposit of $0 (vs $250 at fbs inc). Neither broker charges withdrawal fees. ICICI Direct applies inactivity fees on dormant accounts; fbs inc does not. Overall, ICICI Direct scores higher on fees in our assessment.
| Feature | fbs inc | ICICI Direct |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
fbs inc offers MT5, cTrader, while ICICI Direct supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. ICICI Direct edges ahead on platform breadth and functionality in our scoring.
| Feature | fbs inc | ICICI Direct |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, 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 ICICI Direct compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | fbs inc | ICICI Direct |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | No |
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 ICICI Direct supports 1 (bank transfer). fbs inc uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. fbs inc scores higher on deposit and withdrawal flexibility.
| Feature | fbs inc | ICICI Direct |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
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 ICICI Direct offer live chat support. Both provide phone support. Email support is available at both brokers. fbs inc supports 8 languages and ICICI Direct supports 13, giving ICICI Direct broader global reach. Both brokers are comparable on support quality.
| Feature | fbs inc | ICICI Direct |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |