Alpari vs FBS 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
FBS has the higher TFB Score (79/100 vs 61/100).
Alpari, founded in 1998, is a trading name of Parlance Trading Ltd, licensed by the Mwali International Services Authority (an offshore regulator), offering Micro, Standard, ECN and Pro ECN accounts on MetaTrader 4, MetaTrader 5 and the Alpari app.
FBS is a forex and CFD broker operated by FBS Markets Inc. under the Financial Services Commission of Belize, offering MetaTrader 4, MetaTrader 5 and the FBS app with a $5 minimum deposit.
66.43% of retail CFD accounts lose money with this provider.
Side by side
| Item | Alpari | FBS |
|---|---|---|
| TFB Score | 61/100 | 79/100▲ |
| Regulation & safety | 7/35Strongest licence MISA (tier 3) | 28/35▲1 tier-1 regulator (CySEC), investor compensation |
| Fees & costs | 22/25▲All-in cost from 0.00 pips, no commission | 21/25All-in cost from 0.70 pips, no commission |
| Deposits & withdrawals | 16/20Minimum deposit $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN), 5 deposit methods, 5 withdrawal methods | 17/20▲Minimum deposit $5, 4 deposit methods, 4 withdrawal methods |
| Platforms & trading | 16/20▲MT4, MT5; leverage up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd) | 13/20MT4, MT5; leverage up to 1:3000 on forex (FBS Markets Inc., Belize) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | MISA | FSC (Belize), CySEC |
| Minimum deposit | $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN) | $5 |
| Spreads from | 0.0 pips (Pro ECN); 0.8 pips (ECN); 1.2 pips (Standard; Micro from 1.5 pips) | 0.7 pips (floating; no commission) |
| Commission | None on Micro, Standard and ECN; Pro ECN forex $2.5 per lot traded | No commission to open or close positions |
| Max leverage | Up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd) | 1:3000 on forex (FBS Markets Inc., Belize) |
| Platforms | ||
| Withdrawal methods | Bank transfers, Debit and credit cards, E-wallets, Local payment methods, Cryptocurrency | Bank transfers, Credit/debit cards, Skrill, Neteller |
| Retail accounts losing money | Not published | 66.43% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Alpari review · FBS review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Alpari or FBS better?
FBS has the higher TFB Score (79/100 vs 61/100). The best choice depends on your country, platform and payment method.
Are Alpari and FBS regulated?
Alpari: MISA. FBS: FSC (Belize), CySEC. Every licence is linked to the regulator's register on each review.
Which is safer, Alpari or FBS?
Alpari holds no tier-1 licence; FBS holds 1 (CySEC). Tier-1 regulators have the strictest rules on client money. Your protection depends on which company opens your account.
What is the minimum deposit at Alpari and FBS?
Alpari: $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN). FBS: $5. FBS asks for less to start.
Which has tighter spreads, Alpari or FBS?
Published spreads start from 0.0 pips (Pro ECN); 0.8 pips (ECN); 1.2 pips (Standard; Micro from 1.5 pips) at Alpari and 0.7 pips (floating; no commission) at FBS; commission: Alpari None on Micro, Standard and ECN; Pro ECN forex $2.5 per lot traded, FBS No commission to open or close positions.
Do Alpari and FBS offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. Alpari: MetaTrader 4, MetaTrader 5, Alpari Mobile App. FBS: MetaTrader 4, MetaTrader 5, FBS app.
What is the maximum leverage at Alpari and FBS?
Alpari: Up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd). FBS: 1:3000 on forex (FBS Markets Inc., Belize). Leverage depends on the company that opens your account and on your country.
More Alpari comparisons
More FBS comparisons
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning