FBS

3.8(600)

CySEC/ASIC/FSC

XM

4.1(1800)

CySEC/ASIC/DFSA

FBS vs XM

Head-to-Head Comparison 2026

Our Verdict

XM has a higher rating of 4.1/5 compared to FBS (3.8/5). XM offers 7 instrument types, while FBS offers 6. On spreads, FBS offers EUR/USD from 0.5 pip (Standard), 0.0 pip (ECN) + $6.00 per lot, while XM offers EUR/USD from 1.6 pip (Standard), 0.6 pip (Ultra Low), 0.0 pip (Zero) + $3.50 per lot. FBS charges no inactivity fee, while the other does.

Comparison Table

Criteria	FBS	XM
Rating	3.8/5 (600 reviews)	4.1/5 (1800 reviews)✓
Regulation	CySEC/ASIC/FSC	CySEC/ASIC/DFSA
Fees	From 0.7 pips (Standard), commission on ECN account	From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero)
Min. Deposit	5 $	5 $
Instruments	Forex, Metals, Indices, Stocks CFDs, Crypto CFDs, Energies	Forex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs
Platforms	MT4, MT5, FBS Trader App	MT4, MT5, XM App
Options Trading	No	No
Spread (typical)	EUR/USD from 0.5 pip (Standard), 0.0 pip (ECN) + $6.00 per lot	EUR/USD from 1.6 pip (Standard), 0.6 pip (Ultra Low), 0.0 pip (Zero) + $3.50 per lot
Inactivity Fee	None	$5/month after 90 days of inactivity
Founded	2009	2009
Headquarters	Belize	Limassol

Detailed Comparison

Fee Comparison

FBS: From 0.7 pips (Standard), commission on ECN account. Minimum deposit: 5 $. Spread: EUR/USD from 0.5 pip (Standard), 0.0 pip (ECN) + $6.00 per lot.

XM: From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero). Minimum deposit: 5 $. Spread: EUR/USD from 1.6 pip (Standard), 0.6 pip (Ultra Low), 0.0 pip (Zero) + $3.50 per lot. Inactivity fee: $5/month after 90 days of inactivity.

Product Range

FBS (6 categories)

ForexMetalsIndicesStocks CFDsCrypto CFDsEnergies

XM (7 categories)

ForexStocks CFDsIndicesCommoditiesMetalsEnergiesCrypto CFDs

Trading Platforms

FBS

MT4
MT5
FBS Trader App

MT4
MT5
XM App

Regulation & Security

FBS is regulated by CySEC/ASIC/FSC (HQ: Belize).

XM is regulated by CySEC/ASIC/DFSA (HQ: Limassol).

Who Is It For?

FBS

Global broker with low entry and copy trading

✓ Very low minimum deposit ($5)

✓ Copy trading available

✓ Various account types

✗ Headquartered in Belize

✗ Limited product selection

Award-winning broker with extensive educational offerings

✓ Over 1,000 tradable instruments

✓ Extensive webinars and education

✓ Low minimum deposit ($5)

✗ CFD trading only

✗ Inactivity fee after 90 days

Frequently Asked Questions

Is FBS or XM cheaper?

FBS charges From 0.7 pips (Standard), commission on ECN account. XM charges From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero). The minimum deposit is 5 $ at FBS and 5 $ at XM.

Which broker offers more products: FBS or XM?

FBS offers Forex, Metals, Indices, Stocks CFDs, Crypto CFDs, Energies. XM offers Forex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs.

Which broker is better regulated?

FBS is regulated by CySEC/ASIC/FSC. XM is regulated by CySEC/ASIC/DFSA.

Is FBS or XM better for beginners?

FBS has a minimum deposit of 5 $ and offers MT4, MT5, FBS Trader App as platforms. XM has a minimum deposit of 5 $ and offers MT4, MT5, XM App. FBS has the lower entry barrier.

FBS vs XM: Which broker is better overall?

The choice between FBS (3.8/5, 600 reviews) and XM (4.1/5, 1800 reviews) depends on your needs. FBS: Global broker with low entry and copy trading. XM: Award-winning broker with extensive educational offerings.

How do spreads compare between FBS and XM?

FBS offers typical spreads of EUR/USD from 0.5 pip (Standard), 0.0 pip (ECN) + $6.00 per lot. XM offers EUR/USD from 1.6 pip (Standard), 0.6 pip (Ultra Low), 0.0 pip (Zero) + $3.50 per lot. Tighter spreads reduce trading costs especially for active trading.

Do FBS or XM charge an inactivity fee?

FBS: no inactivity fee. XM: $5/month after 90 days of inactivity.

FBS

Global broker with low entry and copy trading

Open Account →

From 5 $ min. deposit

XM

Award-winning broker with extensive educational offerings

Open Account →

From 5 $ min. deposit

FBS read review →XM read review →