Mitrade vs FBS

Mitrade vs FBS Comparison Table 2023
Mitrade	FBS
Review Not Yet Rated	Review 4.3
Traders from US not accepted	Traders from US not accepted
Mitrade is a regulated Australian brokerage firm with a range of CFDs and forex pairs, providing leveraged trading to retail and professional clients.	FBS is a top online broker offering MT4 & MT5 trading across a range of popular markets. Multiple account tiers and loyalty bonuses are available.
Bonus Offer
$50 welcome bonus	$100 welcome bonus (only available in certain regions)
Promotions
	FBS: $140 Level Up Bonus FBS Makes Copytrading Risk-Free On Your First Three Trades
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, CFD, Forex, Crypto	CFDs, forex, indices, shares, commodities, cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$0	$1
Payment Methods
Credit Card Debit Card Mastercard POLi Skrill Visa Wire Transfer	AstroPay Credit Card Maestro Mastercard Neteller Rapid Transfer Skrill Visa Wire Transfer
Minimum Trade
0.01 lots	0.01 lots
Regulator
ASIC	ASIC, CySEC, IFSC, FSCA
Margin Trading
No	Yes
MetaTrader 4
No	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	Yes
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
	Yes (EAs)
Copy Trading
No	No
Social Trading
No	No
Trade Signals
No	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 AUD	USD EUR
Stock Exchanges
Australian Securities Exchange Deutsche Boerse Euronext Hong Kong Stock Exchange Japan Exchange Group 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
Mitrade offers a wide range of CFDs, encompassing cryptocurrencies, foreign exchange, commodities, shares and equity indices.	Go long or short on popular financial markets with leveraged CFDs
Leverage
1:30 Retail, 1:250 Professional	1:30 EU and restricted countries, 1:3000 rest of the world
FTSE Spread
3	From 0.0
GBPUSD Spread
1.5	From 0.6
Oil Spread
0.05	From 0.0
Stocks Spread
Variable	Variable
Forex Trading
A wide range of major, minor and exotic currency pairs are available with leverage through Mitrade's proprietary web-based trading platform.	Trade a long list of currencies, including exotics, with competitive spreads
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
1.5	From 0.6
EURUSD Spread
1	From 0.5
EURGBP Spread
1.2	From 2.1
Assets
60	44
Cryptocurrency
Mitrade offers CFD trading in four major cryptocurrencies against the US dollar.	FBS offer trading on crypto/metal, crypto/crypto or crypto/fiat pairs.
Spread
Variable	Floating
Coins
BTC BCH ETH LTC	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

Review	Review
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