Bamboo vs FBS

Bamboo vs FBS Comparison Table 2023
Bamboo	FBS
Review 2.6	Review 4.3
Traders from US not accepted	Traders from US not accepted See available CFD brokers
Bamboo offers trading on US and Nigerian stocks and ETFs with fractional investing and a beginner-friendly mobile app. The firm is NG and US SEC regulated and US stocks are insured through the SIPC. You can open a Bamboo account in three straightforward steps.	FBS is an award-winning forex and CFD broker based in Cyprus. The broker has a strong global reputation with authorization from the CySEC and ASIC, amongst others regulators. The brand has clients in over 190 countries, attracted by a diverse range of markets, the reputable MetaTrader platforms, plus trading promotions.
Promotions
	FBS: $140 Level Up Bonus FBS Makes Copytrading Risk-Free On Your First Three Trades
Comment by Reviewer
"Traders in Nigeria and Ghana looking for a quick and straightforward way to access the US stock market should consider Invest Bamboo. The app is easy-to-use with a modern design that will appeal to new investors."	"FBS is a great choice for traders of all experience levels and budgets with a range of account types and access to both MetaTrader 4 and MetaTrader 5."
Pros
Easy-to-use, streamlined mobile and laptop apps make investing straightforward Hassle-free access to US stocks and ETFs for regional investors Earn up to 8% with the fixed return scheme US insurance protection Low minimum deposit Simple to sign up	Great choice of account types including crypto, cent and ECN accounts, with decent spreads at 0.7 pips Trusted broker with top-tier licenses, several notable awards and negative balance protection No commission on deposits or withdrawals and low minimum deposits, ideal for beginners NDD technologies ensure fast order execution within 0.4 seconds and no requotes Comprehensive learning section with tailored courses, webinars and trading ideas MT4 and MT5 platforms, plus a proprietary app with accessible 24/7 support
Cons
Only supported in certain areas – investors outside Nigeria and Ghana may not be able to sign up More experienced users may find the app is simplistic and lacks advanced analysis tools 1.5% commission on buying and selling US stocks can add up if you trade large amounts Fixed returns only available to Nigerian customers High withdrawal fees to foreign accounts Limited customer support options Narrow range of investments No MT4 integration No demo account	Fewer account types for EU clients Average spreads on some assets No copy trading
Awards
	Best Customer Service Broker WBO 2022 Most Reliable Forex Broker MENA 2020 Best Social Trading Application MENA 2020 Best Mobile Trading Platform Asia 2020 Best FX Broker Europe 2019 Most Transparent Forex Broker 2018 Best Forex Broker Asia 2018 Best Safety of Client Funds Asia 2015
Instruments
Stocks, ETFs, Fixed Returns	CFDs, forex, indices, shares, commodities, cryptocurrencies
Demo Account
No	Yes
Minimum Deposit
$10	$5
Trading Platforms
Own	MT4 MT5
Payment Methods
Credit Card Debit Card Wire Transfer	AstroPay Credit Card Maestro Mastercard Neteller Rapid Transfer Skrill Visa Wire Transfer
Minimum Trade
$1	0.01 Lots
Regulator
SEC & FINRA via US partner brokers	ASIC, CySEC, FSC, FSCA
Margin Trading
No	Yes
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	MT4 & MT5
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	Yes
Account Currencies
USD NGN	USD EUR
Stock Exchanges
Dow Jones Nasdaq New York Stock Exchange	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange
Commodities
	Gasoline Gold Natural Gas Oil Silver
CFD Trading
CFD trading not offered	Go long or short on an excellent suite of financial markets with leveraged CFDs. Users can choose between three reliable platforms with fast execution, floating spreads from 1 pip and around the clock customer support.
Leverage
	1:30 (EU & Restricted Countries), 1:3000 (Global)
FTSE Spread
	From 0.0
GBPUSD Spread
	From 0.6
Oil Spread
	From 0.0
Stocks Spread
	Variable
Forex Trading
Forex trading not offered	Trade 35+ popular majors, minors and exotics with tight spreads. FBS also offers an excellent suite of forex market research and education, including news, courses, and daily analysis.
Forex App
	The FBS Trader app allows clients to manage their finances and speculate on 44 forex pairs, among other assets. Instant deposits are available, as well as one-click trading. Users can also conduct technical analysis via interactive charting with multiple indicators. The app is free to download from the respective app stores.
GBPUSD Spread
	From 0.6
EURUSD Spread
	From 0.5
EURGBP Spread
	From 2.1
Assets
	36
Cryptocurrency
Crypto trading not offered	FBS offers trading on crypto/metal, crypto/crypto or crypto/fiat pairs. A strong selection of pairs are available, including BTC/USD. There is also a dedicated crypto account.
Spread
	Floating
Coins
	ADA ALG AVA BAT BCH BNB BTC DOG DOT DSH EOS ETC ETH FIL IOT LNK LTC MKR MTC NEO OMG SHB SOL TRX UNI VEC XLM XMR XRPZEC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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