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FBK MARKETS , ADSS Broker Comparison

Do you want to know which is the better broker between FBK MARKETS and ADSS ?

In the table below, you can compare the features of FBK MARKETS , ADSS side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Official Website
Basic Information
Est. Date (years)
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed (ms)
Minimum Execution Latency (ms)
Minimum Open Latency (ms)
Minimum Close Latency (ms)
Maximum Execution Latency (ms)
Maximum Open Latency (ms)
Maximum Close Latency (ms)
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost (USD/Lot)
Swap
Swap Rating
  • Average Swap Cost (USD/Lot)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time (ms)
Account Info
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
1.73
Unverified
Not Guaranteed
--
5-10 years
FSCA
Not Supported
Not Supported
Ozow,Mastercard and Visa,Skrill
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

--

--

--
--
--
--
--
--
--
R100
$0-$1000 - 1:1000 $1001-$2000 - 1:500 $2001-$5000 - 1:300 $5001-$10000 - 1:200 $10001-$Unlimited - 1:100
--
--
--
0.01
--
5.8
Regulated
Not Guaranteed
5-10 years
SFC,CMA
Supported
Supported
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

--

--

--
--
--
--
--
--
--
$25,000
1:500
from zero
--
--
--
--
Score
Regulatory Status
Unverified
Regulated

FBK MARKETS 、 ADSS BrokerRelated News

ADSS BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do fbk-markets and adss have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

fbk-markets
FBK MarketsReview Summary
Founded2020
Registered Country/RegionSouth Africa
RegulationSuspicious FSCA License
Market InstrumentsIndices, Commodities, Bonds, Forex
Demo Account/
Leverage1:100 to 1:1000
SpreadAs low as 0
Trading PlatformMT4
Min DepositR20
Customer SupportEmail: support@fbkmarkets.com
Phone: +27877029234, +27870927813
Contact Form
Live Chat
Social Media: Twitter, WhatsApp, Instagram
Company Address: 400 16th Road, Corner 16th and New Road, Randjespark, Midrand, 1685
Regional RestrictionUnited States

FBK Markets Information

FBK Markets is an unregulated broker incorporated in South Africa. It's a marketplace for forex trading. Traders on this platform get access to the MetaTrader 4 as well as market instruments including forex, indices, commodities, and bonds. With a low minimum deposit of R120 and low spreads, FBK Markets enables traders to access significant market positions even with a smaller initial investment. Though FBK Markets does not provide its service to US residents.

FBK Markets Information

Pros & Cons

ProsCons
Multiple Account TypesSuspicious Clone FSCA License
Flexible Leverage RateCommission Charged for Certain Accounts
Low Minimum Deposit RequirementsRegional Restriction
Multiple Contact Channels
MT4 available

Is FBK Markets Legit?

No. FBK Markets is not a regulated platform. Its FSCA license is suspected to be a fake clone.

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
Financial Sector Conduct AuthoritySuspicious CloneRCG MARKETS (PTY) LTDFinancial Service Corporate49769
Is FBK Markets Legit?
Is FBK Markets Legit?

What Can I Trade on FBK Markets?

This platform accerts to provide markets instruments includes indices, commodities, bonds, and forex.

Trading AssetAvailable
forex✔
Indices✔
bonds✔
commodities✔
metals❌
indices❌
energies❌
stocks /shares❌
cryptocurrencies❌
options❌
funds❌
ETFs❌
What Can I Trade on FBK Markets?

Account Types/Fees

FBK Markets offers a range of account types to cater to traders with different trading needs. The available account types include Standard, Zero Spread, Bonus 100, ECN, and Micro accounts, with different features such as spreads, commissions, and minimum deposit requirements. The base currencies available for all account types are ZAR, USD, and GBP.

Feature/Account TypeSTANDARDZERO SPREADBONUS 100ECNMICRO
Base CurrencyZAR, USD, GBPZAR, USD, GBPZAR, USD, GBPZAR, USD, GBPZAR, USD, GBP
SpreadAs Low as 0.5 Pip0As Low as 0.5 PipTight SpreadsAs Low as 0.5 Pip
Commission0$9 per Standard Lot0$4 per Standard Lot0
Minimum DepositR100R100R100R100R20
Leverage1:100 to 1:10001:100 to 1:10001:100 to 1:10001:100 to 1:10001:100 to 1:1000
Account Types/Fees

Leverage

FBK Markets provides flexible leverage options ranging from 1:100 to 1:1000, which allows traders to customize their risk exposure based on their trading strategy.

BalanceLeverage
$0 - $10001:1000
$1001 - $20001:500
$2001 - $50001:300
$5001 - $100001:200
$10001 - $ UNLIMITED1:100
Leverage

Trading Platform

Traders on FBK Markets get access to MetaTrader 4, which is available on multiple devices. MetaTrader 4 (MT4) is a popular electronic trading platform, mainly used for online forex trading. It's favored by retail traders for its intuitive interface, powerful charting tools, and automated trading features.

Trading PlatformSupported Available Devices Suitable for
MT5❌Desktop, Mobile, WebExperienced trader
MT4✔Desktop, Mobile, WebBeginner
Trading View❌Desktop, Mobile, Tablets, WebBeginner
Trading Platform

Deposit and Withdrawal

FBK Markets accepts a variety of ways to deposit and withdraw clients' money, including Ozow, Skrill, Mastercard, and Visa.

However, they still charge money for deposits and withdrawals. To be noted, they do not specify the exact cost amount on the website, but FBK Markets claims to reserve the right to impose deposit and withdrawal fees as well as limits in their system at any given time.

Deposit Options Min. Deposit Fees Processing Time
OzowR100/Instant
Mastercard and VisaR100/Instant
SkrillR100/Instant
Deposit and Withdrawal
adss
ADSSReview Summary
Founded2003-10-12
Registered Country/RegionUnited Arab Emirates
RegulationRegulated(SCA), HK(Revoked)
Market InstrumentsIndices/Forex/Equities/Cryptos/Commodities/Bonds/ETFs
Demo Account✅
LeverageUp to 1:500
SpreadEUR/USD: from 0.7 pips
Trading PlatformMT4(Desktop/Mobile(iOS/Android))
Min Deposit$100
Customer Support(24/5)Email: ts@adss.com
Phone: +971 2 657 2414
Facebook/Twitter/LinkedIn/YouTube/Instagram/Telegram
Live chat

ADSS Information

ADSS is a MENA broker that specializes in online trading and provides both beginner and professional traders with access to various opportunities across global financial markets including indices, forex, equities, cryptos, and commodities. The broker also provides three live accounts with a maximum leverage of 1:500. The minimum spread is from 0 pips(EUR/USD: from 0.7 pips) and the minimum deposit is $100.

ADSS Information

Pros and Cons

Pros Cons
Leverage up to 1:500Islamic account unavailable
MT4 availableSome negative comments: unable to withdrawal
RegulatedNo bonus information
Spread(EUR/USD) from 0.7 pips
Demo account available
Various tradable instruments

Is ADSS Legit?

ADSS is authorized and regulated by the Securities and Commodities Authority(SCA), with the License Type Retail Forex License, making it safer than unregulated. Meanwhile, the Hong Kong Regulatory Authority(HK) regulates ADSS with license number AXC847 and License Type Dealing in futures contracts & Leveraged foreign exchange trading. However, the 'revoked' current status is less safe than a regulated one.

Is ADSS Legit?
Is ADSS Legit?
Is ADSS Legit?

What Can I Trade on ADSS?

ADSS offers various market instruments, including indices, forex, equities & ETFs, cryptos, bonds, and commodities.

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Cryptos✔
Equities & ETFs✔
Bonds✔
What Can I Trade on ADSS?

Account Type

ADSS has three account types: classic, elite, and pro. Traders who want low spreads can choose a pro account, while those with a small budget can open a classic account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type ClassicElitePro
Deposit$100$100000$100000
SpreadsMarket Spreads25% lower spreadsFrom zero pips
Max Leverage1:5001:5001:500

ADSS Fees

The EUR/USD spread starts from0.7 pips. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

Traders can access the MT4 trading platform through the ADSS mobile or desktop application. Junior traders prefer MT4 over MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop/Mobile(iOS/Android)Junior traders
Trading Platform

Deposit and Withdrawal

The first deposit amount must be $100 or above. ADSS accepts bank wire transfers, credit cards, online bank transfers, digital payment platforms like Skrill, Neteller, and Cash U, and also now Samsung and Apple Pay for deposit and withdrawal. However, transfer processing times and associated fees are unknown.

Rebates

Earn a monthly rebate when you trade HSENG, US2000, SWISS, JPN225, or ESTOX indices. Trading volume* reaches the amount shown in Tier 1, Tier 2, or Tier 3, and traders can earn rebates for every million notional volume traded. ADSS pays in USD in the first week of the following month.

Notional volumeRebate
Tier 110,000,000+$10 per million
Tier 220,000,000+$20 per million
Tier 330,000,000+$30 per million

Do fbk-markets and adss have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive fbk-markets and adss are, we first considered common fees for standard accounts. On fbk-markets, the average spread for the EUR/USD currency pair is -- pips, while on adss the spread is from zero.

Which broker between fbk-markets, adss is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

fbk-markets is regulated by FSCA. adss is regulated by SFC,CMA.

Which broker between fbk-markets, adss provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

fbk-markets provides the ZERO SPREAD, MICRO,ECN, Standard ,BONUS 100 platform with products like --; adss offers the PRO,ELITE,Classic platform featuring assets including --.

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United States
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