FBS vs Forex4You - Fees Review included
Which broker is better FBS or Forex4You? Our expert assessment conducted according to TU’s own methodology showed that FBS is one of the top brokers in the financial market with the TU Overall Score of 7.33 out of 10. Forex4You is one of the top brokers in the financial market with the TU Overall Score of 8.3 out of 10. Find out more about TU Overall Score.
Feature | FBS | Forex4You |
---|---|---|
Overall |
4.3 |
4.4 |
4.6 |
4.3 |
|
3.9 |
4.0 |
|
4.1 |
4.1 |
|
Investment Instruments |
4.7 |
4.8 |
Platforms and Charting Tools |
4.5 |
4.5 |
Deposit and Withdrawal |
4.2 |
4.4 |
Research |
3.9 |
4.5 |
Education |
4.2 |
4.4 |
Support |
3.9 |
4.5 |
Bonuses |
5 |
5 |
|
|
FBS vs Forex4You: Pros and Cons
FBS (fbs.com) is an international broker operating in 190 countries. The brokerage company has been on the market for over 10 years, and during this time it has earned about 40 international awards. It is regulated by the CySEC under license number 331/17 and provides flexible conditions for Forex trading. FBS is especially popular in Asian countries such as India, Malaysia and Indonesia.
The broker Forex4you started in 2007. The company provides a full range of active and passive trading services in the Forex market. The company runs its operations in the British Virgin Islands, under the license BVI FSC (license number SIBA/L/12/1027). Forex4you is committed to responsibility and professionalism. In 2018, according to Le Fonti, the company was awarded the ‘Best Broker’ which is the highest award achievable, and prior to this it has consistently won and received nominations for awards including ‘Forex Broker of the Year’ and ‘Best Service Quality’ nomination.
FBS | Forex4You | |
---|---|---|
Overall Pros | A large selection of trading instruments | Trading With Leverage up to 1:1000 |
Copyt trading platform | 2 types of cent accounts | |
$140 no-deposit bonus (not available for EU clients) | Share4You copy trading platform | |
Crypto account | Forex bonuses | |
Instant withdrawal of funds | ||
Overall Cons | Hihg trading fees | Not a big choice of trading assets |
Slow exacution speed | High fees |
FBS vs Forex4You: Safety and Regulation
FBS | Forex4You | |
---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-2 |
Investor protection |
€20,000 |
No |
FCA UK Regulation |
No |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
No |
No |
BVI FSC |
No |
Yes |
VFSC |
No |
No |
FSA (Seychelles) |
No |
No |
FBS vs Forex4You: Trading Conditions
Trading Conditions | FBS | Forex4You |
---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
MetaTrader 4, MetaTrader 5, FBS Trader |
MT4, Forex4You |
Max Leverage (Futures) |
401769 |
1-1000 |
Supported Markets |
Forex, CFDs on stocks, indices, metals, energies, crypto |
Currencies, assets of stock and commodity markets, cryptocurrencies |
Trading assets |
200+ |
100+ |
Trading Accounts |
Standard, Cent, ECN, Micro, Zero Spread, Copy Trade |
Cent, Cent NDD, Classic, Pro STP |
Base Account Currencies |
EUR, USD |
USD, EUR |
FBS vs Forex4You: Fees
FBS | Forex4You | |
---|---|---|
Standard acc. spread EUR/USD, min pips |
0,7 |
0,1 |
Standard acc. spread EUR/USD, max pips |
1,3 |
2,0 |
ECN Commission |
3 |
|
ECN Spread EUR/USD |
0,3 |
|
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
No |
10-100 |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
FBS vs Forex4You: Trading Assets
Asset Name | FBS | Forex4You |
---|---|---|
Overall |
200+ |
100+ trading assets |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
No |
Bonds |
No |
Yes (CFD) |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
FBS or Forex4You: Investment Programs
Asset Name | FBS | Forex4You |
---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
Yes |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Forex4You or FBS
FBS | Forex4You | |
---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
No |
cTrader |
No |
No |
Appropriate platform |
FBSTrader |
Forex4You |
Others |
No |
No |
|
|
FBS vs Forex4You: Deposit and Withdrawal Methods
FBS | Forex4You | |
---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
No |
No |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
No |
No |
FBS vs Forex4You: Research
Research Type | FBS | Forex4You |
---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
Yes |
Yes |
FBS vs Forex4You: Education
Education Type | FBS | Forex4You |
---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
Yes |
Yes |
Forex4You vs FBS: Support
Support Features | FBS | Forex4You |
---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
FB Messenger |
No |
FBS vs Forex4You: Forex Bonuses and Promo
Promo | FBS | Forex4You |
---|---|---|
Forex Bonus |
$140 no deposit bonus, up to 100% deposit bonus (Bonuses are not available for EU and UK clients) |
5-100% deposit bonus |
Affiliate Program |
Up to 50% of referrals spread |
|
Other Promos |
By activating the option in the personal account, a trader can receive a cashback of up to $15 per lot |
|
|
|
Top 5 Reviews on Forex4You
-
Comment
I was really impressed with the level of support at Markets4you — they respond to any inquiry within 8 hours, even on weekends. I contacted them about an issue with bonus display, and they resolved it quickly by manually crediting a $25 deposit bonus. The bonus program itself is very beneficial: I received a 30% bonus on my first deposit, and there are frequent cashback offers of up to 50% through promotions. Everything is transparent, and all bonuses are clearly visible in the personal account.
-
Comment
Markets4you is the best option for those just starting out in trading. You don’t need any capital to begin — the minimum deposit starts from $0! On a cent account, you can place trades from as little as 2 cents, which allows you to practice and test strategies without risk. In six months, I haven’t had any losses, but I managed to grow $10 into $54 just by using steady money management and trading EUR/USD with a low spread.
-
Comment
I chose the broker Markets4you almost by chance — I liked the conditions for the minimum deposit, as you can actually start from $0, which is a unique offer in the market. At first, I used a demo account, then deposited $30 and started testing a standard account. I was impressed by the low spreads — for EUR/USD they consistently stayed around 0.2–0.4 pips, even lower than the stated minimum. After a month of active trading, I managed to earn $68 in net profit. The high leverage was a big help — I traded with 1:500 leverage, which shows how flexible the broker is, allowing access to larger volumes even with small deposits.
-
Comment
I was looking for a broker to test scalping, and it was important that there were no restrictions and that spreads were tight. I registered with Markets4you after a friend’s recommendation — no minimum deposit required and transparent commissions. In the first month, I was slightly in the red but then turned a profit; now I have $300 in my account, with $60 being net profit over the last six months. I also want to highlight the fast verification process and the cashback loyalty program, which returns about $10–15 per month.
-
Comment
I was looking for a broker that offers passive income opportunities. Markets4you fit all my criteria: you can open an account with as little as $1, connect to trade copying via Share4you, and do nothing — just earn a percentage. I invested $50 and earned about $8 in three months. Not huge amounts, but with no extra risk and fully automated. The downside is occasional execution delays, but support responds quickly, even on weekends.
Top 5 Reviews on FBS
-
Comment
Broker FBS provides access to trading on more than 150 markets, including forex, indices, metals, and futures contracts. The minimum deposit is $5, making FBS accessible for beginner traders. Leverage goes up to 1:3000, and the minimum spread on major currency pairs starts from 0.7 pips. Trading platforms available include MetaTrader 4, MetaTrader 5, and FBS Trader, with a minimum trade size of 0.01 lots.
-
Comment
I've been working with FBS for over six months. Withdrawals to a card usually take up to 48 hours, and fees depend on the chosen method. On the Pro account, spreads start from 0.5 pips but can widen during news releases. The company is regulated by the IFSC — not the strictest regulator, but it's something.
-
Comment
I occasionally use copy trading from FBS. It’s convenient that you can start with just $1. However, when choosing a trader, it’s important to carefully analyze their statistics — not all of them trade consistently. On the plus side, there’s automation; on the downside, the search filters are limited.
-
Comment
I started working with FBS because of the wide variety of account types. The conditions vary: for example, the Cent account requires just a $1 minimum deposit, while the ECN account starts at $1000. Each account suits a different trading strategy. The key is to carefully review the spreads and commissions before opening an account.
-
Comment
I did not get the answer I was seeking or I might have read a different thing online, I really can’t say because when I contacted the FBS support team. After trying the live chat option to no avail, I decided to try the Telegram channel. Initially, it was supposed to be a bot but I got a message that an agent would join. When I asked for the accounts available and features and the ideal one for Forex I got a long message which I did not understand (I was expecting a list of accounts and their features). Later the agent said they only offer standard accounts.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.