FBS

FBS

3.8(600)

CySEC/ASIC/FSC

VS
XM

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.

Comparison Table

CriteriaFBSXM
Rating3.8/5 (600 reviews)4.1/5 (1800 reviews)
RegulationCySEC/ASIC/FSCCySEC/ASIC/DFSA
FeesFrom 0.7 pips (Standard), commission on ECN accountFrom 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero)
Min. Deposit5 $5 $
InstrumentsForex, Metals, Indices, Stocks CFDs, Crypto CFDs, EnergiesForex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs
PlatformsMT4, MT5, FBS Trader AppMT4, MT5, XM App
Options TradingNoNo
Founded20092009
HeadquartersBelizeLimassol

Detailed Comparison

Fee Comparison

FBS: From 0.7 pips (Standard), commission on ECN account. Minimum deposit: 5 $.

XM: From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero). Minimum deposit: 5 $.

Product Range

FBS (6 categories)

ForexMetalsIndicesStocks CFDsCrypto CFDsEnergies

XM (7 categories)

ForexStocks CFDsIndicesCommoditiesMetalsEnergiesCrypto CFDs

Trading Platforms

FBS

  • MT4
  • MT5
  • FBS Trader App

XM

  • 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

XM

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.
FBS

FBS

Global broker with low entry and copy trading

Open Account

From 5 $ min. deposit

XM

XM

Award-winning broker with extensive educational offerings

Open Account

From 5 $ min. deposit