Your Trusted Guide to Regulated Forex Brokers
Choosing between FBS and XM? Both are regulated and trusted, but they serve different trader needs. We compare them across 7 key factors — from withdrawal speed to bonuses — so you can pick the right one for your trading style.
📌 Quick Takeaway: FBS wins on speed and flexibility (5-minute withdrawals, 1:3000 leverage). XM wins on bonuses and contests. For most traders, FBS offers better overall value.
| Feature | FBS | XM |
|---|---|---|
| Regulation | FSC (Belize), CySEC, ASIC | FSC (Mauritius), FSA, CySEC |
| Min Deposit | $5 | $5 |
| Leverage | Up to 1:3000 | Up to 1:1000 |
| Spreads | From 0.7 pip | From 0.8 pip |
| Withdrawal Speed | Under 5 minutes | 1–2 hours |
| Verification | ID photo only | ID photo + selfie |
| Bonus | No deposit bonus (inactive) | Up to 50% on first $500, then 20% (max $4,500 on $5,000 deposit) |
| Trading Contests | FBS League discontinued (2024) | Weekly demo contests, $25,000 prize pool (real cash, withdrawable) |
| Platforms | MT4, MT5, FBS App | MT4, MT5, XM App |
| Cashback (rebates) | Yes | No |
FBS is ideal for traders who value:
FBS is operated by FBS Markets Inc. (Reg. No. 000001317), licensed by the Financial Services Commission (FSC) of Belize under license number 000102/31.
Office: 9725, Fabers Road Extension, Unit 1, Belize City, Belize.
XM is a strong choice if you want:
However, XM's withdrawals take 1–2 hours, and it doesn't offer leverage beyond 1:1000.
Final Verdict: While XM offers attractive bonuses and contests, FBS delivers superior trading conditions for active traders. With faster withdrawals, higher leverage, and cashback on every trade, FBS is the better long-term choice for most traders — especially those who value speed and control.