FBSFrom 0.7 pips (Standard), commission on ECN account
- Published fee
- From 0.7 pips (Standard), commission on ECN account
- Minimum deposit
- 5 $
- Spread figure
- EUR/USD from 0.5 pip (Standard), 0.0 pip (ECN) + $6.00 per lot
Broker comparison
FBS vs.
XM
Which broker fits your needs?
Platforms, products and fees side by side.
Updated: October 2026
See comparisonFBS
XMVS
Summary
Your goal decides.
XM has a higher rating of 4.1/5 compared to FBS (3.8/5). XM offers 7 instrument types, while FBS offers 6. On spreads, FBS offers EUR/USD from 0.5 pip (Standard), 0.0 pip (ECN) + $6.00 per lot, while XM offers EUR/USD from 1.6 pip (Standard), 0.6 pip (Ultra Low), 0.0 pip (Zero) + $3.50 per lot. FBS charges no inactivity fee, while the other does.
FBSGlobal broker with low entry and copy trading
XMAward-winning broker with extensive educational offerings
At a glance
The key differences
| Criterion | FBS | XM |
|---|---|---|
| Platforms | MT4, MT5, FBS Trader App | MT4, MT5, XM App |
| Product types | Forex, Metals, Indices, Stocks CFDs, Crypto CFDs, Energies | Forex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs |
| Options trading | No | No |
| Fee model | From 0.7 pips (Standard), commission on ECN account | From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero) |
| Minimum deposit | 5 $ | 5 $ |
| Regulation | CySEC/ASIC/FSC | CySEC/ASIC/DFSA |
| More information | Details | Details |
Platforms
FBS
MT4, MT5, FBS Trader App
XM
MT4, MT5, XM App
Product types
FBS
Forex, Metals, Indices, Stocks CFDs, Crypto CFDs, Energies
XM
Forex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs
Options trading
FBS
No
XM
No
Fee model
FBS
From 0.7 pips (Standard), commission on ECN account
XM
From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero)
Minimum deposit
FBS
5 $
XM
5 $
Regulation
FBS
CySEC/ASIC/FSC
XM
CySEC/ASIC/DFSA
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
FBSXMFrom 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero)
- Published fee
- From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero)
- Minimum deposit
- 5 $
- Inactivity
- $5/month after 90 days of inactivity
The relevant costs depend on market, currency, order size and trading style.
Execution quality
Order type, venue and liquidity affect execution.
FBSCheck the provider’s execution policy and available order types for your account.
Provider informationXMCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
FBSForexMetalsIndicesStocks CFDsCrypto CFDsEnergies
XMForexStocks CFDsIndicesCommoditiesMetalsEnergiesCrypto CFDs
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
FBSMT4 · MT5 · FBS Trader App
FBS provides MetaTrader 4 and MetaTrader 5 as proven trading platforms supporting Expert Advisors and comprehensive technical analysis. The proprietary FBS Trader App offers a simplified, mobile trading experience with integrated copy trading. MetaTrader 4 is particularly popular among Forex traders, while MetaTrader 5 offers expanded features for multi-asset trading.
Explore platformXMMT4 · MT5 · XM App
XM offers MetaTrader 4 and MetaTrader 5 as main platforms, complemented by the proprietary XM App for mobile trading. MT4 excels through stability and broad EA support, while MT5 offers enhanced analytical tools and more timeframes. The XM App provides quick access to all trading accounts and integrates market news and analyses. All platforms support trading across over 1,000 instruments.
Explore platformRegulation does not prevent market losses. The relevant authority depends on the contracting entity.
Your investor profile
Who might it suit?
FBSGlobal broker with low entry and copy trading
- Very low minimum deposit ($5)
- Copy trading available
- Various account types
- Headquartered in Belize
- Limited product selection
XMAward-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
Find the broker that fits
FBS oder XM?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
Your questions
Frequently asked questions
How do fees differ between FBS and XM?
FBS: From 0.7 pips (Standard), commission on ECN account. XM: From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
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.
How are FBS and XM regulated?
The broker profiles list CySEC/ASIC/FSC for FBS and CySEC/ASIC/DFSA for XM. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is FBS or XM better for beginners?
FBS lists a 5 $ minimum deposit and offers MT4, MT5, FBS Trader App. XM lists 5 $ and offers MT4, MT5, XM App. Compare usability, available products and costs for your intended use.
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.
How do spreads compare between FBS and XM?
FBS offers typical spreads of EUR/USD from 0.5 pip (Standard), 0.0 pip (ECN) + $6.00 per lot. XM offers EUR/USD from 1.6 pip (Standard), 0.6 pip (Ultra Low), 0.0 pip (Zero) + $3.50 per lot. Tighter spreads reduce trading costs especially for active trading.
Do FBS or XM charge an inactivity fee?
FBS: no inactivity fee. XM: $5/month after 90 days of inactivity.
Your next step
Your next step
FBSGlobal broker with low entry and copy trading
Open accountRead reviewXMAward-winning broker with extensive educational offerings
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.