FBS vs Vantage - Fees Review included
Which broker is better FBS or Vantage? 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. Vantage is one of the top brokers in the financial market with the TU Overall Score of 8.25 out of 10. Find out more about TU Overall Score.
| Feature | FBS | Vantage |
|---|---|---|
Overall |
4.3 |
4.4 |
4.6 |
4.2 |
|
3.9 |
4.6 |
|
4.1 |
4.4 |
|
Investment Instruments |
4.7 |
4.6 |
Platforms and Charting Tools |
4.5 |
4.5 |
Deposit and Withdrawal |
4.2 |
4.4 |
Research |
3.9 |
3.9 |
Education |
4.2 |
4.7 |
Support |
3.9 |
4.1 |
Bonuses |
5 |
4.4 |
|
|
|
FBS vs Vantage: 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.
Vantage FX is an STP broker that has been operating since 2009. Traders can find Forex currency pairs on the company's website, as well as CFDs on American, Australian, and European stocks, commodities, and indices. The company operates under the licenses of four regulators — the UK (FCA), Australia (ASIC), Vanuatu (VFSC), and the Cayman Islands (CIMA). Since its creation, Vantage FX has received 11 prestigious awards.
| FBS | Vantage | |
|---|---|---|
| Overall Pros | A large selection of trading instruments | The broker has licenses from four reputable regulators |
| Copyt trading platform | Free trading signals for traders, regardless of the type of trading account | |
| $140 no-deposit bonus (not available for EU clients) | Fantabulous bonus policy and terms of its affiliate program | |
| Crypto account | 3 copy trading platforms support | |
| Overall Cons | Hihg trading fees | Customers from most countries are forced to cooperate with a branch that has an offshore license |
| Slow exacution speed | Limited education and a lack of information on Forex trading | |
| Snail-paced withdrawal of funds with the requirement to comply with special conditions |
FBS vs Vantage: Safety and Regulation
| FBS | Vantage | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-1 |
Investor protection |
€20,000 |
€20,000 £85,000 |
FCA UK Regulation |
No |
Yes |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
Yes |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
No |
Yes |
BVI FSC |
No |
No |
VFSC |
No |
Yes |
FSA (Seychelles) |
No |
No |
FBS vs Vantage: Trading Conditions
| Trading Conditions | FBS | Vantage |
|---|---|---|
Minimum Deposit |
$1 |
$200 |
Trading Platforms |
MetaTrader 4, MetaTrader 5, FBS Trader |
Vantage FX app, МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), WebTrader |
Max Leverage (Futures) |
401769 |
1-500 |
Supported Markets |
Forex, CFDs on stocks, indices, metals, energies, crypto |
Currency pairs (44), CFDs on stocks (226), indices (16), and commodities (19) |
Trading assets |
200+ |
400+ |
Trading Accounts |
Standard, Cent, ECN, Micro, Zero Spread, Copy Trade |
Demo, Standard STP, Pro ECN, RAW ECN |
Base Account Currencies |
EUR, USD |
AUD, USD, GBP, EUR, SGD, and CAD |
FBS vs Vantage: Fees
| FBS | Vantage | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,7 |
0,3 |
Standard acc. spread EUR/USD, max pips |
1,3 |
1,4 |
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 |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
FBS vs Vantage: Trading Assets
| Asset Name | FBS | Vantage |
|---|---|---|
Overall |
200+ |
400+ |
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 |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
FBS or Vantage: Investment Programs
| Asset Name | FBS | Vantage |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
Yes |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Vantage or FBS
| FBS | Vantage | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
FBSTrader |
Vantage FX |
Others |
No |
No |
|
|
|
FBS vs Vantage: Deposit and Withdrawal Methods
| FBS | Vantage | |
|---|---|---|
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 Vantage: Research
| Research Type | FBS | Vantage |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
Yes |
No |
FBS vs Vantage: Education
| Education Type | FBS | Vantage |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
Yes |
No |
Vantage vs FBS: Support
| Support Features | FBS | Vantage |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
FB Messenger |
No |
FBS vs Vantage: Forex Bonuses and Promo
| Promo | FBS | Vantage |
|---|---|---|
Forex Bonus |
$140 no deposit bonus, up to 100% deposit bonus (Bonuses are not available for EU and UK clients) |
Initial deposit bonus Clients of the broker can receive a bonus upon the first deposit of 50% of the deposit amount. The maximum bonus amount is 20,000 USD. Funds are accrued in the form of trade credits that can be used to conduct transactions, increase margins, etc. |
Affiliate Program |
CPA affiliate program (CellXpert). This affiliate program provides a reward for traders who promote the broker's services. The size of the bonus differs depending on the country from which new traders come. The remuneration levels are as follows: 600 USD for clients from Germany, Denmark, Switzerland, UK, Norway, France, the Netherlands, Sweden, Austria, Ireland, and New Zealand; 400 USD for customers from Hong Kong, Finland, Italy, Portugal, UAE, Kuwait, Qatar, Saudi Arabia, Malaysia, Israel; 300 USD for clients from the Czech Republic, Slovak Republic, Poland, Taiwan, Colombia, Thailand, Mexico, Greece, South Africa; 100 USD for clients from other countries. The referred client is registered in the partner group if two conditions are met: Account replenishment for 500 USD; The trading turnover is at least two trading lots in the first month after registration. |
|
Other Promos |
By activating the option in the personal account, a trader can receive a cashback of up to $15 per lot |
Vantage FX encourages active traders by returning them some of the commissions in the form of cashback or rebate. Clients who fund their account in the amount of 10,000 USD and maintain the amount at this level can earn commissions up to 8 USD per lot traded. In addition, such customers can receive gifts from the broker, such as a gift card or iPhone. |
|
|
|
Top 5 Reviews on Vantage
-
Comment
Regarding security, Vantage Markets provides basic measures: it works with 15 major liquidity banks, including J.P. Morgan and Citibank, and also supports data encryption. The minimum order size is 0.01 lots, margin call occurs when margin falls to 50%, and stop-out at 20%. This is a standard setup for ECN brokers. However, the lack of a comprehensive training center and limited Forex information on the platform were somewhat disappointing.
-
Comment
Vantage Markets offers a well-developed CPA partnership program, where you can earn between $100 and $600 depending on the client’s country. The broker also provides a commission discount of up to $8 per lot and a deposit bonus of up to 50%. These are attractive terms, especially for IB partners. However, it’s important to note that bonus withdrawals require a specific trading volume, and the withdrawal process itself can take time — in some cases, special conditions must be met.
-
Comment
The trading conditions at Vantage Markets are ideal for those who value a wide range of instruments. The platform offers access to over 1,000 assets, including 70 currency pairs, 881 stock CFDs, 30 indices, 16 commodities, and 57 cryptocurrencies. All major platforms are supported — MetaTrader 4/5, TradingView, and mobile apps.
-
Comment
Vantage Markets caught my attention because it has been operating since 2009 and holds licenses from four regulators: FCA, ASIC, VFSC, and CIMA — a rarity among STP brokers. The minimum deposit of $50 makes the platform accessible even for traders with limited budgets. It’s also great that leverage can go up to 1:1000 for currency pairs and 1:500 for oil and gold, allowing for active trading in high-volatility markets. However, on standard STP accounts, spreads start from 1.1 pips — not the most competitive compared to some rivals.
-
Comment
Verifying an account on Vantage is straightforward and traders must verify their account before they can make deposits and withdraw from their accounts. On the vantage app if you have not verified, click on the verification button when you log in. You will need a national identity card or passport to pass the verification process. The maximum size of photo to upload must not exceed 5mb and documents must have your photo. Ensure to this is followed to avoid delay in verifying your account
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.