Exness is a global Forex company. Traders from all over the world are registered and it is quite popular. Similarly, FBS has become a popular company and traders from all over the world are registered. So which company should you choose?
Exness company profile
Founded in 2008, Exness is a world-famous Forex brand with a global presence. Multinational corporate group with official financial licenses in multiple countries, including European and international subsidiaries and affiliates. As of April 2022, it boasts a transaction size of over $2,105 trillion.
What is FBS?
FBS will be a Forex company with 3000 times leverage. It is a Forex company that has become a global Forex company and many users are registered. FBS currently has over 16 million traders in 190 countries.
FX company ranking 2023
What is the ranking of FBS and Exness? I took a look at the TradersUnion rankings. Exness has a very good reputation and is number 2 in the world.
FBS ranking is 23rd.
Distribution of registered users by region and country
Exness is mainly in Thailand. Other than that, many users are registered in Southeast Asia, South Asia, South America and Africa.
You can clearly see that FBS overlaps with the area where Exness’ customers are located. So you can see that FBS and Exness are competing for customers in the same region.
Exness VS FBS
|License||FSA, CySEC, FCA, FSCA, FSC, CBCS||ASIC, CySEC, IFSC, FSCA|
|Trade Instruments||Forex, metals, cryptocurrencies, energies, indices, stocks||CFDs, forex, indices, shares, commodities, cryptocurrencies|
|Mobile Apps Trading||〇||〇|
|Minimum Trade Lot||0.01 Lots||0.1 Lots|
FBS rejects withdrawals
Due to the effects of the war in Europe, FBS has recently been experiencing a lot of withdrawal rejection incidents. Therefore, FBS is generally not recommended.
Bonuses are better at FBS. On the other hand, Exness has no bonuses or promotions in the first place. This is because the spread is as narrow as possible. Exness is narrower in terms of spreads, making it suitable for scalping trades.
FBS has a maximum leverage of 3000 times. However, it only makes sense for small transactions. Since the leverage limit is applied, there is a disadvantage that the limit increases as the amount of funds increases.
Exness is better
Overall, I can’t recommend FBS very much because it has troubles. You can trade more comfortably with Exness, which has a narrower spread. Opening an account with Exness is free. Please refer to the article below.