Broker Comparison

FBS vs FP Markets: Which Is Better?

A quick comparison between FBS and FP Markets across rating, deposit, Islamic account, platforms, and spreads.

Quick Recommendation
FP Markets

Best overall based on rating, usability, fees, and account access.

Overall
FP Markets
Beginners
FBS
Spreads
FP Markets

FBS

Beginner forex trading

4.0out of 5
FBS
Minimum Deposit
$5
Islamic Account
Available
Trading Platforms
MT4 | MT5 | FBS App
Best Overall

FP Markets

Scalping and automated trading

4.3out of 5
FP Markets
Minimum Deposit
$100
Islamic Account
Available
Trading Platforms
MT4 | MT5 | cTrader | TradingView
Final Verdict

Which broker is better: FBS or FP Markets?

A quick summary to help you choose the better broker based on your goal.

Overall Winner
FP Markets

Best balance between rating, fees, trust, and usability.

Beginners
FBS
Spreads
FP Markets
Deposit
FBS
Quick Summary

If you want the stronger overall choice, FP Markets looks more suitable here. For beginners, the closer choice is FBS. For lower spreads and active trading, FP Markets looks more relevant.

Account opening is completed through the broker’s official website.

Score Analysis

Strength Analysis Between FBS and FP Markets

A visual summary showing where each broker performs better in safety, fees, platforms, deposits and withdrawals, and support.

Best Overall: FP MarketsBeginners: FBS

Safety & Trust

Reflects regulation strength and client fund protection.

Better: FP Markets
FBS3.8 / 5
FP Markets4.5 / 5

Fees & Costs

Measures spreads, trading costs, and general fees.

Close
FBS4.2 / 5
FP Markets4.3 / 5

Trading Platforms

Based on platform quality and available trading tools.

Small Edge
FBS4.1 / 5
FP Markets4.5 / 5

Deposits & Withdrawals

Focuses on funding options and withdrawal convenience.

Close
FBS4.3 / 5
FP Markets4.2 / 5

Support & Customer Service

Compares support quality and overall user experience.

Small Edge
FBS3.9 / 5
FP Markets4.1 / 5

These scores help you understand where each broker performs better depending on your priority: safety, costs, platforms, deposits and withdrawals, or support.

Accounts & Trading Costs

Account and Fee Comparison

A quick summary of the main cost factors between FBS and FP Markets.

Quick Summary
FP Markets

FP Markets looks stronger in terms of cost or spreads.

FBS Accounts
1
FP Markets Accounts
2
Beginners
FBS
Factor
FBS
FP Markets
Main Account
Standard
Standard
Min Deposit
$5
$100
Spread
0.7 - 1.3
1.0 - 1.5
Commission
$0
$0
Execution
Market Execution
Market Execution

FBS Accounts

1 available account

Standard
Spread
0.7 - 1.3
Commission
$0
Deposit
$5
Execution
Market Execution

FP Markets Accounts

2 available accounts

Standard
Spread
1.0 - 1.5
Commission
$0
Deposit
$100
Execution
Market Execution
Raw
Spread
0.0 - 0.3
Commission
$6 per lot
Deposit
$100
Execution
Market Execution

Start with the broker that fits you best

After reviewing accounts and costs, choose the broker that better matches your trading style.

The most important factor is not only the number of accounts, but choosing the account that fits your needs in terms of spread, commission, minimum deposit, and execution method.

Quick Decision

Which Broker Should You Choose Now?

A practical summary to choose the better broker based on your goal.

Overall Recommendation
FP Markets

The strongest overall choice based on this comparison.

Beginners
FBS
Costs
FP Markets
Short Decision

Choose FP Markets if you want the strongest overall option. For an easier start, the closer choice is FBS.

FAQs

Questions About FBS and FP Markets

Key questions before opening an account.

FBS
FP Markets

Does FBS currently offer only a Standard account?

FBS currently presents its Standard account as the main live trading option for many international clients. Older Cent, ECN or other account names may still appear in outdated reviews or different entities.

Is the FBS minimum deposit really $5?

The advertised starting deposit is around $5 for the main account, but the practical minimum can depend on the payment method, account currency and client country.

Is the advertised 0.7-pip FBS spread always available?

No. The 0.7-pip figure is a starting spread. Live spreads are variable and may widen during economic news, volatile sessions, market openings or lower liquidity.

What is the real difference between FP Markets Standard and Raw accounts?

Standard uses spread-only pricing starting around 1.0 pip. Raw starts from 0.0 pips and charges approximately $6 per standard lot round turn, making it more relevant to active traders.

Is the FP Markets Raw account always cheaper than Standard?

Not always. Traders must combine the live spread and commission. Raw can be cheaper for scalping and frequent trading, while Standard may be simpler for less active strategies.

Is FP Markets a true ECN broker?

FP Markets provides raw-style pricing and liquidity-based execution commonly associated with ECN trading. However, the ECN label alone does not guarantee lower costs; spread, commission and execution quality matter more.