FBS versus XM Broker Comparison

FBS launched in 2009 and grew into one of the largest Forex brokers globally, with 23+ million traders from 150+ countries and 410,000+ partners. With a minimum deposit of only $1, three trading platforms, six trading accounts, maximum leverage of 1:3000, and a competitive cost structure, FBS offers a highly competitive trading environment.

XM serves 5M+ traders from 190 countries and offers traders one of the most efficient order execution environments, with 2.4 billion trades executed without requotes or rejections. XM maintains the MT4/MT5 trading platforms, a broad-based asset selection, and competitive trading costs.

Both brokers offer traders generous bonuses, research, and education, but XM adds higher-quality trading tools.

We have conducted an in-depth review of FBS and XM to determine which one presents the better overall choice and which traders will benefit the most at either broker.

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• FBS versus XM- Verdict

Features and Platforms

Features & Platforms	XM (visit site)	FBS (visit site)
Headquarter:	Belize	Belize
Established :	2009	2009
Retail Loss Rate:	75.59%	75.20%
Regulation:
Minimum Deposit:	$5	$1
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee	$5 monthly after 90 days	No
Deposit Fee:		Yes + Third-Party
Withdrawal Fee	Third-Party	Yes + Third-Party
Funding Methods:	25+	6
MT4:
MT5:
cTrader:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:	Low trading costs	Large trading community
Unique Feature Two:	Excellent order execution	Cent accounts for beginners
Broker Offers:	See what XM offers	See what FBS offers

Noteworthy:

FBS developed an in-house copy trading service and is home to one of the largest trading communities in the industry. XM maintains a broader choice of trading instruments and lower trading costs.

Available Markets

FBS only offers 37 currency pairs versus 57 at XM. While neither broker offers an in-depth choice, XM supports better diversification. The roles reverse for cryptocurrency traders, where FBS maintains 30 cryptocurrencies and XM only lists five. The XM asset selection is notably broader, appealing to more trading strategies and providing cross-asset exposure..

Typical Spreads and Fees

FBS offers a highly competitive core pricing environment, with minimum commission-free costs of $5.00 per 1 standard lot versus $6.00 at XM. The FBS commission-based alternative lists a negative spread on the EUR/USD. XM has lower swap rates on leveraged overnight positions, making overall long-term trading costs cheaper for most trading strategies.