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Pick up to four brokers and quickly spot the differences that change a decision: trust, fees, platforms, withdrawals, restrictions, and notes you should verify.

Built for final-shortlist moments: select brokers, scan the trade-offs, then open the profile for deeper source notes.

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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.

Broker 1
Broker 2
VS field
FBS

fbs.com

CFD BrokerMulti Asset BrokerStock CFD
IC Markets

icmarkets.com

Forex BrokerMulti Asset BrokerStock CFD
Decision summary
Overall score
70
90
Trust score
55
99
Cost score
78
85
Platform score
86
94
Withdrawal score
76
86
Best for
Traders seeking MT4/MT5 access with small global minimum deposit · Users who want forex plus stock, index, metal, energy and crypto CFDs in one app · Experienced traders who under…
Experienced forex/CFD traders · Scalpers, day traders and algorithmic traders comfortable with high-risk leveraged products · Users who specifically need MT4/MT5, cTrader or Tradi…
Watch out
Needs verification
Long-term investors seeking physical stocks/ETFs · Beginners who need strong statutory investor compensation or negative balance protection · Residents of restricted countries or…
Trust & regulation
Regulators
Global fbs.com terms say FBS Markets Inc. is authorized and regulated by the Financial Services Commission (Belize). EU fbs.eu regulation page says Tradestone Ltd. is regulated by CySEC under license 331/17.
Source
Financial Services Authority of Seychelles (FSA)
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License numbers
FBS Markets Inc. FSC Belize license 4077102 in the January 2026 Terms PDF; Tradestone Ltd. CySEC license 331/17 on fbs.eu. Older/indexed FBS snippets mention FSC license 000102/31, so Belize license number should be manually reconciled against the FSC register before publication.
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Securities Dealer license number SD018
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Regulated entities
Global fbs.com client agreement names FBS Markets Inc. (Belize certificate 000001317, FSC license 4077102) and HDC Technologies Ltd. as payment transaction manager. EU fbs.eu page names Tradestone Ltd. as CySEC-regulated under license 331/17.
Source
Raw Trading Ltd, registered in Seychelles (registration number 8419879-1), regulated by the Financial Services Authority of Seychelles with Securities Dealer license SD018.
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Negative balance protection
FBS states Negative balance protection is active and that with margin call and stop out the account will never go negative. fbs.eu also says capital is protected with Negative Balance Protection.
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No negative balance protection found for the reviewed global entity; IC says clients bear negative consequences and are responsible for any negative balance.
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Investor compensation
Investor compensation is verified for the EU/CySEC Tradestone Ltd entity only. Checked fbs.com/FBS Markets Inc. sources did not disclose an equivalent Belize compensation scheme.
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Client funds insurance up to US$1,000,000; no statutory investor compensation scheme found in reviewed official sources.
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Restricted countries
The FBS Markets Inc. Terms PDF says it does not provide services to persons who are citizens or residents of listed jurisdictions, including the EEA, UK, United States, India, China, Russia and others. Separate FBS website snippets also reference non-service to some jurisdictions; use the PDF list for fbs.com and review regional applicability.
Source
Raw Trading Ltd does not provide services to residents of the United States of America, Canada, New Zealand, Iran, North Korea (DPRK), or countries where distribution/use would be contrary to local law or regulation.
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Costs & account conditions
Minimum deposit
fbs.com homepage/trading/open-forex-account state deposit or initial deposit from $5. fbs.eu account comparison states Standard initial deposit €100 and Cent initial deposit €10, so this is region/entity-dependent.
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No minimum deposit requirement disclosed for opening a trading account.
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Spread from
FBS global trading conditions state tight/floating spreads from 0.7 pips. The open-forex-account FAQ also says some volatile Forex pairs start from 0.5 points, so instrument-specific spreads should be reviewed before publishing exact cost claims.
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Spreads from 0.0 pips on MetaTrader/cTrader Raw Spread platforms; Standard account spread starts from 0.8 pip.
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Commission
Trading commission: No commission / 0. Deposit-withdrawal commission: not charged by FBS / from 0, subject to terms and possible withdrawal service fee after ten free withdrawals.
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Standard: no commission, 0.8 pip markup. Raw Spread MetaTrader: USD $3.50 per lot per side / $7 round turn. cTrader/TradingView: USD $3 per $100,000 traded per side.
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Maximum leverage
fbs.com says leverage up to 1:3000; margin page states Forex/Forex Exotic leverage tiers from 1:3000 down based on equity and fixed leverage for metals, energies, stocks and indices. fbs.eu retail accounts are capped at 1:30.
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IC offers flexible leverage from 1:1 to 1:5000; leverage is dynamic and may change at any time.
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Deposit fee
Deposit commission from 0 / not charged by FBS, but provider/country-specific fees should be checked in Trader Area.
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IC does not charge additional deposit fees; bank/intermediary fees may apply.
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Withdrawal fee
Withdrawal fees are not fully fee-free under all conditions: public pages say from 0/not charged by FBS; legal terms state 10 free withdrawals per calendar month then $1 equivalent per subsequent withdrawal.
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IC does not charge additional withdrawal fees, but third-party/intermediary/bank fees can apply; one Help Centre example mentions 20 AUD bank fee for some bankwire paths.
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Inactivity fee
No explicit inactivity/dormancy fee was found in checked official fbs.com pages or the current Terms PDF text extraction. Treat as not disclosed rather than zero.
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No account inactivity fees.
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Markets, platforms & payments
Tradable assets
FBS advertises 550+ CFD instruments including Forex, stocks, indices, metals, energies and crypto; individual market pages describe stock CFDs, index CFDs, energy CFDs, precious metals and crypto CFDs.
Source
Forex CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, Bonds CFDs, Cryptocurrency CFDs, Futures CFDs.
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Trading platforms
FBS offers the proprietary FBS app plus MT5 and MT4, including desktop, mobile and web variants; MT4 page also lists MT4 MultiTerminal.
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MetaTrader 5, MetaTrader 4, cTrader, TradingView, MetaTrader WebTrader/cTrader Web and social/copy tools IC Social, Signal Start, ZuluTrade.
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Account types
Current fbs.com pages emphasize a $5 real forex account, demo account and swap-free availability, while fbs.eu account comparison lists Standard, Cent, Demo Standard and Demo Cent accounts. Legacy FBS account URLs appear consolidated into the current trading page, so account types require editor review by region/entity.
Source
Official pages list Standard, Raw Spread, cTrader Raw Spread and Swap Free; account overview also shows Raw Pro and Raw Pro+ entries.
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Deposit methods
FBS states it provides 200+ deposit and withdrawal methods; open-forex-account names bank transfers, credit/debit cards, Skrill and Neteller. Availability depends on country/residence and Trader Area options.
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Credit/debit cards, PayPal, Neteller, Skrill, UnionPay, wire transfer, Bpay, broker-to-broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Vietnamese Internet Banking, cryptocurrency.
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Withdrawal methods
FBS withdrawal help says available withdrawal/deposit methods depend on country of residence and that withdrawals must generally use payment systems used for deposit first; cards, e-wallets/payment systems and bank accounts/transfers are described.
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Withdrawal methods depend on original deposit method; examples include Visa/Mastercard/card routes, bank wire, Neteller, Skrill and PayPal.
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Withdrawal processing time
FBS says its Financial Department processes withdrawal requests within 24 hours. Crediting time varies: digital wallets/payment systems same day or immediate/up to 30 minutes; cards 2-7 business days or average 3-4 business days; bank accounts/transfers 2-7 or usually 7-10 business days depending on help article wording.
Source
Same-business-day processing cutoff before 12:00 AEST/AEDT; after processing allow at least 3 business days depending on method.
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BrokerVS provides broker comparison research only. Scores and evidence can vary by country, account type, and legal entity; users should verify source links before opening an account.