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FBK MARKETS , Yuanta Broker Comparison

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

In the table below, you can compare the features of FBK MARKETS , Yuanta 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
--
7.58
Regulated
Not Guaranteed
--
20+ years
SFC,SFC
Not Supported
Not Supported
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

--

--

--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Score
Regulatory Status
Unverified
Regulated

BrokerRelated News

Yuanta 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 yuanta 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
yuanta
Yuanta Review Summary
Founded1992
Registered Country/RegionHong Kong
RegulationSFC
Market InstrumentsStocks, derivatives, futures & options
Demo Account❌
Trading PlatformeWinner, YSHK SP Trader
Minimum Deposit/
Customer SupportPhone: (852) 3555-7878
Fax: (852) 3555-7889
Email: HK.services.brk@yuanta.com

Yuanta Information

Founded in 1992, Yuanta is governed by the Hong Kong Securities and Futures Commission. The company provides a variety of trading tools including stocks, futures, and derivatives. Though it lacks a demo account, it helps multi-platform trading with in-house created technologies and provides localised support via phone and email.

Yuanta Information

Pros and Cons

ProsCons
Regulated by Hong Kong SFCNo demo accounts
Supports multi-market trading through one loginSome service fees (e.g., nominee services) can be high
Offers broad product coverage: stocks, futures, optionsNo clearly stated minimum deposit

Is Yuanta Legit?

Yes, Yuanta is regulated by Securities and Futures Commission of Hong Kong (SFC).

Licensed EntityRegulated byRegulated LicenseCurrent StatusLicense TypeLicense No.
Yuanta Securities (Hong Kong) Company LimitedHong Kong, ChinaSFCRegulatedDealing in futures contractsABS015
Yuanta Futures (HK) Co., LimitedHong Kong, ChinaSFCRegulatedDealing in futures contractsAXQ690
Yuanta Asia Investment (Hong Kong) LimitedHong Kong, ChinaSFCExceededDealing in securitiesABZ023

license
license
license

What Can I Trade on Yuanta?

Mainly covering stock trading, derivative products, and futures & options, the organization provides a broad spectrum of financial products and services.

Trading ProductsDetails
Stock TradingHK Stocks, SH Stocks, SZ Stocks, Taiwan Stocks, US Stocks, China B Shares, Overseas Stocks
Derivative ProductsCallable Bull / Bear Contracts, Derivative Warrants
Futures & OptionsFutures, Options, Trading Details, Contract Specifications, Margin Requirements
Products and Services

Yuanta Fees

Though some administrative and nominee service fees could be on the higher side, Yuanta's fees are usually in line with industry standards, with standard commission and interest rates similar to major Hong Kong brokers.

ItemCharge
Standard Commission Rate0.25% of transaction amount, Minimum HK$100
Standard Margin Interest RatePrime Rate + 5%
Stamp Duty0.10% (after 17 Nov 2023), 0.13% (before), min HK$1
Transaction Levy0.0027% of transaction amount
Trading Fee0.00565% of transaction amount (since Jan 2023)
CCASS Fee0.002%, min HK$2, max HK$100
Italian Financial Transaction Tax0.2% of transaction amount
FRC Transaction Levy0.00015% of transaction amount
Yuanta Fees

Trading Platform

Yuanta offers a suite of trading platforms under the eWinner and YSHK SP Trader brands, designed for both desktop and mobile users.

Trading PlatformSupportedAvailable Devices
eWinner✔Web, PC, iOS, Android
YSHK SP Trader ✔PC, iOS, Android
Trading Platform

Deposit and Withdrawal

Yuanta does not charge deposit or withdrawal fees directly, but third-party banks may impose charges depending on the method (especially for CHATS/RTGS and overseas remittance). No specific minimum deposit amount is mentioned in the policy.

Payment MethodFees (Yuanta)Processing TimeNotes
Cheque Deposit0Next business dayCheque copy & receipt with account info required
Local Bank Transfer0 (via SCBHK), others may chargeSame business daySCBHK transfers free; non-SCBHK/CHATS may incur fees
CHATS/RTGSWaived under HKD/RMB 1 million (temp.)Larger amounts may incur third-party charges
Overseas RemittanceYuanta: 0; Bank charges apply1–2 business days (depends on correspondent bank)Full bank and SWIFT details required per currency
Mobile App (2FA)0Same day (if before cutoff)Withdrawal via mobile app requires authentication
Email Instruction0Processed on same or next business dayMust email with account name & number before cutoff (5:00pm HKT)
Deposit and Withdrawal

Do fbk-markets and yuanta 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 yuanta 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 yuanta the spread is --.

Which broker between fbk-markets, yuanta 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. yuanta is regulated by SFC,SFC.

Which broker between fbk-markets, yuanta 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 --; yuanta offers the -- platform featuring assets including --.

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