fbs inc
UFX
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
fbs inc was founded in 2018 and is headquartered in Australia, while UFX was established in 2007 and is based in Republic of Vanuatu. fbs inc holds licences including Financial Conduct Authority (FCA), while UFX is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. fbs inc serves 10,000+ clients worldwide; UFX has 10,000+. The minimum deposit is $250 at fbs inc and $500 at UFX.
| Feature | fbs inc | UFX |
|---|---|---|
| Min. Deposit | $250 | $500 |
| 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 | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2018 | 2007 |
| Country | Australia | Republic of Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fbs inc and UFX, directly affecting your bottom line as a trader. fbs inc has a lower barrier to entry with a minimum deposit of $250 (vs $500 at UFX). UFX charges withdrawal fees while fbs inc does not, giving fbs inc an edge for frequent withdrawers. Overall, fbs inc scores higher on fees in our assessment.
| Feature | fbs inc | UFX |
|---|---|---|
| Min. Deposit | $250 | $500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
fbs inc offers MT5, cTrader, while UFX supports 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. The two brokers are closely matched on platform offering.
| Feature | fbs inc | UFX |
|---|---|---|
| MT4 | No | No |
| 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 | MT4, 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 UFX compare. fbs inc runs regular live webinars; UFX does not. Both provide video tutorials. fbs inc publishes daily market commentary; UFX does not. Both integrate third-party research tools. fbs inc maintains an archive of past webinars for on-demand viewing. fbs inc scores higher overall in education and research.
| Feature | fbs inc | UFX |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
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 UFX supports 2 (bank transfer, credit/debit card). fbs inc uniquely supports PayPal and Skrill and Neteller among the two brokers. fbs inc scores higher on deposit and withdrawal flexibility.
| Feature | fbs inc | UFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| 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 UFX offer live chat support. Both provide phone support. Email support is available at both brokers. fbs inc supports 8 languages and UFX supports 2, giving fbs inc broader global reach. Both brokers are comparable on support quality.
| Feature | fbs inc | UFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |