fbs inc
Xtrade
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Overview
fbs inc was founded in 2018 and is headquartered in Australia, while Xtrade was established in 2003 and is based in Australia. fbs inc holds licences including Financial Conduct Authority (FCA), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. fbs inc serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $250 at fbs inc and $1 at Xtrade.
| Feature | fbs inc | Xtrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| 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 | 2003 |
| Country | Australia | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fbs inc and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $250 at fbs inc). Neither broker charges withdrawal fees. Xtrade charges deposit fees; fbs inc does not. Overall, Xtrade scores higher on fees in our assessment.
| Feature | fbs inc | Xtrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
fbs inc offers MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fbs inc supports social and copy trading features, which Xtrade does not offer. Xtrade edges ahead on platform breadth and functionality in our scoring.
| Feature | fbs inc | Xtrade |
|---|---|---|
| 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 | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how fbs inc and Xtrade compare. fbs inc runs regular live webinars; Xtrade does not. fbs inc has a video library; Xtrade does not. fbs inc publishes daily market commentary; Xtrade does not. fbs inc integrates third-party research tools (Trading Central); Xtrade does not. fbs inc maintains an archive of past webinars for on-demand viewing. fbs inc scores higher overall in education and research.
| Feature | fbs inc | Xtrade |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fbs inc uniquely supports bank transfer and 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 | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | Yes | Not available |
| Skrill | Yes | Not available |
| Neteller | Yes | Not available |
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 Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. fbs inc offers multilingual support. Both brokers are comparable on support quality.
| Feature | fbs inc | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | Not available |