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اردو
FBK MARKETS , STARTRADER Broker Comparison
Do you want to know which is the better broker between FBK MARKETS and STARTRADER ?
In the table below, you can compare the features of FBK MARKETS , STARTRADER side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
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
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
Pin to Left
1.73
Unverified
Not Guaranteed
--
5-10 years
FSCA
Not Supported
Not Supported
Ozow,Mastercard and Visa,Skrill
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
ZERO SPREAD, MICRO,ECN, Standard ,BONUS 100
--
R100
$0-$1000 - 1:1000 $1001-$2000 - 1:500 $2001-$5000 - 1:300 $5001-$10000 - 1:200 $10001-$Unlimited - 1:100
--
--
--
0.01
--
Pin to Left
8.59
Regulated
Not Guaranteed
--
--
10-15 years
ASIC,FSCA,FSA
Supported
Supported
Neteller,STICPAY,Debit Card,Local Deposits,Bank Wire,CryptoPay,PerfectMoney,Credit Card,SEPA,Skrill
A
C
529.5
2
2
2
1996
1952
1996
AA
--
--
--
A
EURUSD：9.7
XAUUSD：17.56
AA
EURUSD： -5.9 ~ 2.56
XAUUSD： -80.45 ~ 33.5
A
0.1
281.1
STANDARD,ECN
60+ currency pairs, 700+ stocks, 20+ commodities, 25+ indices
10-50USD
1:1000
from 1.0
--
--
0.01
--
Score
Regulatory Status
Unverified
Regulated
FBK MARKETS 、 STARTRADER BrokerRelated News
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 iv-markets 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 | |
| Founded | 2020 |
| Registered Country/Region | South Africa |
| Regulation | Suspicious FSCA License |
| Market Instruments | Indices, Commodities, Bonds, Forex |
| Demo Account | / |
| Leverage | 1:100 to 1:1000 |
| Spread | As low as 0 |
| Trading Platform | MT4 |
| Min Deposit | R20 |
| Customer Support | Email: 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 Restriction | United 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.
Pros & Cons
| Pros | Cons |
| Multiple Account Types | Suspicious Clone FSCA License |
| Flexible Leverage Rate | Commission Charged for Certain Accounts |
| Low Minimum Deposit Requirements | Regional 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 Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
 | Financial Sector Conduct Authority | Suspicious Clone | RCG MARKETS (PTY) LTD | Financial Service Corporate | 49769 |
What Can I Trade on FBK Markets?
This platform accerts to provide markets instruments includes indices, commodities, bonds, and forex.
| Trading Asset | Available |
| forex | ✔ |
| Indices | ✔ |
| bonds | ✔ |
| commodities | ✔ |
| metals | ❌ |
| indices | ❌ |
| energies | ❌ |
| stocks /shares | ❌ |
| cryptocurrencies | ❌ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
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 Type | STANDARD | ZERO SPREAD | BONUS 100 | ECN | MICRO |
| Base Currency | ZAR, USD, GBP | ZAR, USD, GBP | ZAR, USD, GBP | ZAR, USD, GBP | ZAR, USD, GBP |
| Spread | As Low as 0.5 Pip | 0 | As Low as 0.5 Pip | Tight Spreads | As Low as 0.5 Pip |
| Commission | 0 | $9 per Standard Lot | 0 | $4 per Standard Lot | 0 |
| Minimum Deposit | R100 | R100 | R100 | R100 | R20 |
| Leverage | 1:100 to 1:1000 | 1:100 to 1:1000 | 1:100 to 1:1000 | 1:100 to 1:1000 | 1:100 to 1:1000 |
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.
| Balance | Leverage |
| $0 - $1000 | 1:1000 |
| $1001 - $2000 | 1:500 |
| $2001 - $5000 | 1:300 |
| $5001 - $10000 | 1:200 |
| $10001 - $ UNLIMITED | 1:100 |
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 Platform | Supported | Available Devices | Suitable for |
| MT5 | ❌ | Desktop, Mobile, Web | Experienced trader |
| MT4 | ✔ | Desktop, Mobile, Web | Beginner |
| Trading View | ❌ | Desktop, Mobile, Tablets, Web | Beginner |
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 |
| Ozow | R100 | / | Instant |
| Mastercard and Visa | R100 | / | Instant |
| Skrill | R100 | / | Instant |
iv-markets
| STARTRADER Review Summary | |
| Founded | 1997 |
| Registered Country/Region | Australia |
| Regulation | ASIC |
| Market Instruments | Forex, shares, indices, metals, commodities, and ETF |
| Account Type | STP Account, ECN Account |
| Demo Account | ✔ |
| Leverage | Up to 1:500 |
| Spread | Start from 0.0 pips |
| Minimum trading set | 0.01 lots |
| Trading Platform | MT4, MT5, Web Trader, STARTRADER APP, copy trade |
| Payment Method | Visa/Mastercard, E-Wallet, International Bank Wire Transfer |
| Customer Support | Phone: +61 2 9925 4396 |
| Email: info@startrader.com | |
| Physical Address: Suite 201, 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, Mauritius | |
STARTRADER Information
STARTRADER, founded in 1997, is a brokerage registered in Australia. The trading instruments it provides cover more than 50 types of forex , more than 70 types of shares, indices, metals, commodities, and ETF.
Pros and Cons
| Pros | Cons |
| Regulated | No clear information on the minimum deposit for each accounts |
| Wide range of trading instruments | No Islamic account |
| Generous leverage up to 1:500 | |
| MT4 and MT5 supported | |
| Copy trading available | |
| Demo account available |
Is STARTRADER Legit?
STARTRADER is regulated by ASIC. Its current status is regulated.
| Regulated Country | Regulated Authority | Regulated Entity | License Number | Current Status |
| Australia | ASIC | STARTRADER PRIME GLOBAL PTY LTD | 000421210 | Regulated |
What Can I Trade on STARTRADER?
STARTRADER offers traders more than 1000 types of instruments - more than 50 types of forex , more than 70 types of shares, indices, metals, and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| ETF | ✔ |
| Futures | ❌ |
| Options | ❌ |
Account Types
STARTRADER offers 2 different types of accounts to traders - Standard Account, ECN Account.
| Account Type | Standard Account | ECN Account |
| Spreads | As low as 1.3 pips | As low as 0.0 pips |
| Commission | No | Yes, $7/lot |
| Minimum Volume per Trade | 0.01 lots | 0.01 lots |
| Account Currency Type | AUD, CAD, EUR, GBP, USD, NZD | AUD, CAD, EUR, GBP, USD, NZD |
| Payment Methods | Visa/Mastercard, E-Wallet, International Bank Wire Transfer | Visa/Mastercard, E-Wallet, International Bank Wire Transfer |
| Demo Account | ✔ | ✔ |
Trading Platform
STARTRADER's trading platforms are MT4, MT5, Web Trader, STARTRADER APP, which support traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices |
| MT4 Margin WebTrader | ✔ | Web, Mobile |
| MT5 | ✔ | Web, Mobile |
| Web Trader | ✔ | Web |
| STARTRADER APP | ✔ | Mobile |
| Copy Trade | ✔ |
Deposit and Withdrawal
The broker supports Visa, Mastercard, E-Wallet, Bank Wire, China Union Pay, Dragonpay, Help2Pay, Payment Asia and tether.
Copy Trading
STARTRADER's copytrading offers an opportunity to follow good traders and monitor the markets.
Do fbk-markets and iv-markets 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 iv-markets 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 iv-markets the spread is from 1.0.
Which broker between fbk-markets, iv-markets 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. iv-markets is regulated by ASIC,FSCA,FSA.
Which broker between fbk-markets, iv-markets 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 --; iv-markets offers the STANDARD,ECN platform featuring assets including 60+ currency pairs, 700+ stocks, 20+ commodities, 25+ indices.
Looking for more references? The following are other comparisons related to fbk-markets, iv-markets:
fbk-markets vs legacyfx fbk-markets vs ifc-markets fbk-markets vs money-partners fbk-markets vs atfx fbk-markets vs global-prime fbk-markets vs finmarket iv-markets vs legacyfx iv-markets vs ifc-markets iv-markets vs money-partners iv-markets vs atfx iv-markets vs global-prime iv-markets vs finmarket
