Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
FBS
$5.00Tightest Spreads
FBS
0.5 pips for major FX pairs pipsHighest Leverage
switchmarkets
1:Up to 1:1000Best Rated
FBS
Mobile Trading
Both
✓✓General Information
FBS
Regulation
ASIC (Australia), CySEC (Cyprus), FSC (Mauritius)
Founded
N/A
Headquarters
Belize
Overall Rating
switchmarkets
Regulation
ASIC (Australia)
Founded
N/A
Headquarters
Australia
Overall Rating
Trading Conditions
| Feature | FBS | switchmarkets |
|---|---|---|
| Minimum Deposit | $5.00 | $40.00 |
| Average Spreads | 0.5 pips for major FX pairs | From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD). |
| Maximum Leverage | 1:3000 | Up to 1:1000 |
| Commission | None | None |
Account Types
FBS
No account types specified
switchmarkets
Platforms & Tools
FBS
MetaTrader 4, MetaTrader 5
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
switchmarkets
MetaTrader 4, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
FBS
Deposit Methods
Bank Wire Transfer, Credit/Debit Cards (Visa, Mastercard), E-wallets (Skrill, Neteller, Perfect Money), Local Payment Systems (region-specific), Cryptocurrencies (Bitcoin, Ethereum - availability varies).
Withdrawal Methods
Same as deposit methods: Bank Wire, Credit/Debit Cards, E-wallets, Local Payment Systems, Cryptocurrencies (where applicable).
Withdrawal Fee
None
switchmarkets
Deposit Methods
Bank Wire, Credit/Debit Cards (Visa/Mastercard), E-Wallets (Skrill, Neteller), Cryptocurrencies (Bitcoin, Ethereum), Local Methods (e.g., FPS for Asia). Instant processing for most; no deposit fees except crypto blockchain.
Withdrawal Methods
Same as deposits; processed 24–72 hours, with 0.5%–2% fees.
Withdrawal Fee
None
Support
FBS
Support Languages
Available in 150+ languages, including English, Spanish, Portuguese, Arabic, Thai, Vietnamese, Indonesian, Chinese, Russian, and more.
Support Channels
24/7 support via live chat, email (support@fbs.com), phone, and social media.
Account Manager
Available
switchmarkets
Support Languages
English, Spanish, Arabic, Chinese, Malay, Indonesian (multilingual support).
Support Channels
24/5 live chat, email, WhatsApp; highly rated for responsiveness (4.7/5 on Trustpilot).
Account Manager
Available
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