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
switchmarkets
Regulation
ASIC (Australia)
Founded
N/A
Headquarters
Australia
Overall Rating
FBS
Regulation
ASIC (Australia), CySEC (Cyprus), FSC (Mauritius)
Founded
N/A
Headquarters
Belize
Overall Rating
Trading Conditions
| Feature | switchmarkets | FBS |
|---|---|---|
| Minimum Deposit | $40.00 | $5.00 |
| Average Spreads | From 0.0 pips (Pro/ECN); 0.6 pips average on Standard (EUR/USD). | 0.5 pips for major FX pairs |
| Maximum Leverage | Up to 1:1000 | 1:3000 |
| Commission | None | None |
Account Types
switchmarkets
FBS
No account types specified
Platforms & Tools
switchmarkets
MetaTrader 4, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
FBS
MetaTrader 4, MetaTrader 5
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
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
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
Support
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
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
Ready to choose your broker?
Select the platform that best matches your needs