Compare forex brokers Pepperstone VS Fbs

If you're choosing between Pepperstone and Fbs forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is Pepperstone better than Fbs? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.


FBS Overview

FBS Markets is an online Forex and CFD broker located in Belize. The broker offers Forex, stock, CFDs and metals for trading on its platforms, which include the MT4 and MT5.

Pepperstone Overview

Pepperstone is a Forex and CFD broker headquartered in Australia, offering 156 tradable assets across five different trading platforms. Pepperstone offers a small set of tradeable products but provides forex and CFD traders with competitive pricing and one of the largest selections of third-party platforms, including numerous options for social copy trading.

# Broker's Features PEPPERSTONE Availability FBS Availability
# Commissions
# Hedging
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at team collected over 50 data points. For this review, we will compare Pepperstone vs Fbs.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Pepperstone offers Online Financial Trading and Investment Services Such as gold, silver, binary options, futures, while Fbs offers Currencies, Stocks.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. Pepperstone is Broker, while Fbs is ECN, No dealing desk, STP.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Pepperstone recommended minimum capital is N/A, while Fbs has a Minimum Deposit Requirement of 1.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Pepperstone is regulated by ASIC, FCA, while Fbs regulated by CySEC, IFSC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. Pepperstone offers AUS, USD, SGD, HKD, JPY, NZD, EUR, CHF and GBP different account currencies for each account types, while Fbs offers EUR, USD, THB account currencies.

Languages Available: Next lets have a look at each broker's different Language options. Pepperstone offers English, Chinese, Spanish, Portuguese, Arabic, Ita, while Fbs offers English, Indonesian, Malay, Chinese, Japanese, Kor Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. Pepperstone offers Visa, MasterCard, Neteller, Skrill, PayPal, Poli a different payment methods for each account types, while Fbs offers Visa/Mastercard, Wire Transfer, Neteller, Skrill, WebMoney, Perfect Money, OKPay, Fasapay; Local Indonesian banks: Bank Central Asia, Mandiri, Bank Ne payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Pepperstone makes MetaTrader 4, MetaTrader 5, cTrader available to clients, while Fbs offers MetaTrader 4, MetaTrader 5.

The Verdict: Pepperstone or Fbs?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Fbs is more reliable based on our criteria above. Fbs has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Only Fbs provides training and education resources which is extremely critical to beginner traders who may not be familiar with most of what goes on in the Forex markets.

What We Don’t Like on Pepperstone

Pepperstone has a limited product portfolio as it offers only forex, some CFDs, and crypto. It has a limited research as there are no fundamental data or recommendations. Lastly, the education tools are limited.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.