FBS vs FP Markets
Two brokers, one table. Everything below is taken from what each one publishes on its own site, last read on 2026-09-05. No scores, no ranking.
A Belize-licensed broker with its own app, MetaTrader 4 and 5, and a large partner programme.
Standard and Raw accounts from $100 with leverage to 1:500 and ECN pricing on both.
| Detail | FBS | FP Markets |
|---|---|---|
| Regulation | FBS Markets Inc., FSC Belize licence 000102/31 (reg. 000001317), Belize City | — |
| Minimum Deposit | — | US$100 or equivalent |
| Max Leverage | — | 1:500 |
| Spread From | — | Standard from 1.0 pips · Raw from 0.0 pips |
| Commission | — | Standard: zero · Raw: US$3 per lot per side |
| Platforms | FBS App, MetaTrader 4, MetaTrader 5, MultiTerminal | MetaTrader 4, MetaTrader 5, cTrader, TradingView (Raw) |
| Account Types | — | Standard, Raw |
What the figures say
- FBS publishes its regulation (FBS Markets Inc., FSC Belize licence 000102/31 (reg. 000001317), Belize City); FP Markets does not state one on the pages we read.
- FP Markets publishes its minimum deposit (US$100 or equivalent); FBS does not state one on the pages we read.
- FP Markets publishes its max leverage (1:500); FBS does not state one on the pages we read.
- FP Markets publishes its spread from (Standard from 1.0 pips · Raw from 0.0 pips); FBS does not state one on the pages we read.
- FP Markets publishes its commission (Standard: zero · Raw: US$3 per lot per side); FBS does not state one on the pages we read.
- Platforms: FBS lists FBS App, MetaTrader 4, MetaTrader 5, MultiTerminal; FP Markets lists MetaTrader 4, MetaTrader 5, cTrader, TradingView (Raw).
- FP Markets publishes its account types (Standard, Raw); FBS does not state one on the pages we read.
- FBS also lists Energies.
- FP Markets also lists Commodities, Bonds, Crypto.
A figure marked “—” is one that broker does not publish on the pages we could read; it is not a zero. Terms differ by country and change often, so confirm on each site before opening an account.
FBS: why traders choose it
- FBS App plus MetaTrader 4 and 5 on Android, iOS, web, Windows and macOS
- MultiTerminal and a VPS for traders running several accounts or EAs
- Forex, exotic forex pairs, metals, indices, energies and stocks
- FBS Academy, webinars, analytics and trading calculators built into the site
- Payment processing handled by a Cyprus company named in the footer
FP Markets: why traders choose it
- Two accounts, both from US$100 and both on ECN pricing
- Raw account: spreads from 0.0 pips plus US$3 per lot each way
- Standard account: spreads from 1.0 pips and no commission
- Leverage up to 1:500 on both accounts, jurisdiction permitting
- TradingView is available on the Raw account, alongside MT4, MT5 and cTrader
- EAs, a mobile app and a VPS are listed for both accounts; minimum trade 0.01 lot
FBS pros
- A wide device list: the same accounts on phone, web and desktop
- A published Belize licence number and physical address
- Strong education section for a first account
FBS cons
- The account-types page we requested returned a 404, so minimum deposit, spreads and leverage are not confirmed here
- Not available to residents of the USA, EU, UK, Israel, India, Iran or Myanmar
- A single offshore licence on the international site
FP Markets pros
- The whole offer fits in one table on their site: two accounts, one minimum, clear costs
- US$3 per side is at the low end for a raw account
- Stocks and bonds are on the Raw account, not just forex and metals
FP Markets cons
- 1:500 depends on your jurisdiction; the ASIC and CySEC entities are capped far lower
- The Standard account does not include stocks or bonds
- The page we read did not name the regulator for the entity serving Bangladesh; check the legal footer for your region
About FBS
FBS is operated by FBS Markets Inc., licensed by the Financial Services Commission of Belize. It offers forex, metals, indices, energies and stocks on its own app, MetaTrader 4, MetaTrader 5 and MultiTerminal, with a large education and partner programme.
About FP Markets
FP Markets keeps it to two accounts. Standard is commission-free from 1.0 pips; Raw prices from 0.0 pips with US$3 per lot per side. Both open from US$100, both run ECN pricing, and both offer leverage up to 1:500 where the local entity allows it.
More comparisons
How this page is put together. Both columns use the same fields as the individual reviews, read from each broker's own site. Some links are affiliate links, which may earn Cubie FX a commission at no extra cost to you. Placement is not for sale and nothing here is ranked.