Compare FBS Vs IG: Which is the Better Forex Broker in 2024?
FBS Vs IG, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between FBS Vs IG, here is the direct comparison:
Compare | FBS | IG |
General Rating |
3.64/5 |
2.40/5 |
Score | ||
Trustpilot |
3.6/5 563 users |
4.1/5 6696 users |
πΌ Regulation | ||
β Info | ||
β Established | 2009 | 1974 |
π² Min Deposit | $5 | $0 |
β Max Leverage | 1:3000 | 1:50 |
π’ Spread | Variable | Variable |
πΈ Commissions | from $0 | $3 |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Credit/debit cards, FasaPay, Local bank transfer, Neteller, Perfect Money, Skrill, UnionPay and Wire transfer | Wire transfer and Credit/debit cards |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | Arabic, Bengali/Bangla, Burmese, Chinese, English, French, German, Indonesian, Italian, Japanese, Korean, Laothian, Malay, Portuguese, Spanish, Thai, Turkish, Urdu, Vietnamese | German, English, Spanish, French, Italian, Japanese, Portuguese, Swedish, Chinese |
πͺ Trade Now | Open FBS | Open IG |
Compare Again
Testimonials
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FBS: Conditions
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FBS: Trading at high speed
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FBS: My experience
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FBS: Here we go!
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FBS: High
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IG: Dreadful customer support. The app is brilliant but suffers with...
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IG: IG apps sometimes unresponsive which result me cost more money....
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IG: I wanted to trade Forex on the MT4 platform, but...
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IG: I do not recommend using IG and moved to another...
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IG: Overall my experience with IG was positive. The only issue...
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See More FBS Testimonials
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See More IG Testimonials
News
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IG Group Loses CFO and COO as Q3 FY24 Revenue Flatlines
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IG Group Welcomes New Chief Operating Officer and Chief Risk Officer
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IG Group's Head of Marketing Partnerships Aneira Henery-Morley Resigns
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IG Forex Broker Secures Naming Rights for Nagoya's 17,000-Seat Arena
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IG Asia's CEO Tony Lim Bids Farewell After 9 Years
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FBS 15th Anniversary Bash: Your Chance to Win iPhone 15 Pro Max!
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IG Group Forex Broker Welcomes Breon Corcoran as New CEO
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IG Forex Broker Faces Revenue Decline of 9 Percent in H1 FY24
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IG Group Hires Eren Eraslan Head of IG Unit in Northern Europe
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See More Related FBS News
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See More Related IG News
Article
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Guide to Trade with Cent Account on FBS Broker
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How to Verify Account on FBS in 2024
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FBS Recap in 2023: A Performance Review
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Unveiling FBS Features for News Trading
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FBS Mobile App Review: Is It a Good Choice for Traders?
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Amplify Your Trading Profit with FBS 100% Bonus
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Begin Your Trading Journey with FBS $100 Quick Start Bonus
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A Brief Guide to Trade Forex Exotic Pairs on FBS
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What is FBS Crypto Trading Account?
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See More Related FBS Article
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, FBS provides their pricing with Variable spread while IG offers Variable spread.
FBS vs IG: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, FBS enables trading with MetaTrader 4 (Limited with 45 days of inactivity), MetaTrader 5, Web. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, IG provides trading with MetaTrader 4 (Limited with 14 days), PureDeal (Limited with 14 days), L2 Dealer (Limited with 14 days) with the support of One-click trading, Trailing stop, Pending orders.
Is FBS or IG better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, FBS supports trading with Forex, Gold & silver, CFD, Indices, Oil, Stock, while IG presents the ability of trading with Forex, Gold & silver, CFD, Oil, Spread betting, Crypto.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to FBS and IG:
- Compare FBS vs easyMarkets
- Compare FBS vs DeltaStock
- Compare FBS vs eToro
- Compare IG vs GOMarkets
- Compare IG vs Exness
- Compare IG vs BDSwiss
For more comparisons, visit this page.