This comparison overview assists individuals that have a hard time to choose between eToro and FBS to locate the very best online broker for their trading and investment requirements. It evaluates the highlights of the two brokers side by side to assist individuals contrast their solution and make an informed choice.
To assist individuals pick the best broker between eToro and FBS to find the best-suited system, listed below is a checklist of broker’s advantages and disadvantages, complied with by a comparison of their major trading attributes, consisting of trading systems & devices, fees, mobile trading, deposit & withdrawal, assets, regulation, and customer assistance.
eToro vs. FBS: Summary
eToro is a multi-asset brokerage company with the world’s biggest social trading community (over 30 million users). Their platform and mobile app features are easy to use for beginners and include an intuitive copy trading tool, simple buy & sell orders and free demo account. Users can trade with CFDs on major stocks, ETFs, forex, and cryptocurrencies.
eToro charges 0% commission on stocks, and ETFs. They charge an average spread of 0.9 pips on most forex pairs. eToro’s non trading fees are above average and include overnight, inactivity ($10/month) and currency conversion fees ($5/conversion).
Their customer support is available through email and live chat in Arabic and English.
FBS is a CFD broker founded in 2009. It is regulated by two tier-one regulators ( the CySec and ASIC) and is therefore considered trustworthy. FBS offers access to over 100 forex pairs and a handful of stocks, stock indexes, commodities and CFDs.
FBS charges low stock and stock index trading fees. The broker also doesn’t charge inactivity, deposit and withdrawal fees, which makes their overall costs low. FBS’s proprietary webtrader platform has an intuitive design and allows MetaTrader 4 and 5 integration. As a non-dealing desk (NDD) and STP broker, FBS guarantees fast and reliable order execution.
FBS’s customer support is available via email, phone, and WhatsApp 24/7.
Pros
- Low minimum deposit ($50)
- 0% commission stocks and ETF trading
- Easy to use mobile trading app and platforms
- Industry leading social/copy trading app
- Responsive customer support
Cons
- Algorithmic trading not available
- Forex and CFD fees above industry average
- Education and research tools missing
Pros
- Low minimum deposit ($10)
- Low spreads from 0.8 pips EUR/USD
- Competitive stock trading fees
- Compatibility with MT4 and MT5
- Wide range of trading account types
Cons
- Comparing others relatively few trading instruments are offered
Key features
- Average trading fees
- Industry leading social/copy trading tool
- Easy buy/sell order types
- Crypto exchange & brokerage services
- Fast registration and KYC on-boarding process
- Multiple payment options
Key features
- Competitive overall fees
- Compatible with MetaTrader 4 and 5
- Access to 100+ forex pairs
- Up to 1:500 leverage for professional traders
- Standard, Cent, and Crypto accounts
- Free courses, webinars, lessons, and signals
eToro vs. FBS Comparison
Select up to 3 Brokers
eToro
51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
FBS
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:30 | 1:3000 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | $5 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $10 a month after one year | 0 |
| Cost Per Trade | N/A | 0 |
| Cost Per Month | N/A | 0 |
| Forex (EUR/USD) | 1.1 pip | 0.5 pips |
| Stocks & ETF | 0 | 2.32 pips |
| CFD (Gold) | 5 pip | 2,32 pips |
| Crypto | 0 | 32.55 pips |
| Options | 0 | 0 |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100 | $100 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 2.800 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 30 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 49 | 44 |
| CFD Indices & Funds | 250 | 11 |
| CFD Stocks | 2800 | 98 |
| CFD Commodities | 54 | 6 |
| CFD Crypto | 32 | 30 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
eToro vs. FBS Comparison Conclusion
The results of our contrast of eToro vs. FBS are wrapped up in the table below.
| Broker: | Best For: |
| eToro | Stocks and ETFs & Social Copy Trading |
| FBS | Forex and CFD trading |
Choosing the appropriate choice between eToro and FBS can be tough. Both on the internet brokers have similarities however differ concerning trading tools, systems & applications, regulation, deposit & withdrawals, and research study and education. Selecting the very best broker depends upon individuals’ trading & investment goals, individual choices, and experience degree.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.