Which broker is better for China traders in 2026? Expert analysis across 12 categories.
For China traders seeking offshore exposure to global forex markets, choosing between Exness and FBS is a critical decision. Both brokers are popular among Chinese clients due to their support for USDT deposits and international bank transfersβkey payment methods for bypassing capital controls. Exness, with a stellar 4.8/5 trust rating, is known for its ultra-low spreads, high leverage, and transparent execution. FBS, scoring 3.7/5, offers a lower entry barrier with a $5 minimum deposit and attractive bonuses. However, neither broker is regulated by the China Securities Regulatory Commission (CSRC), so traders must operate with caution and only use funds they can afford to risk. This comparison focuses on what matters most to Chinese traders: cost, payment convenience, and reliability when trading from mainland China.
| Instrument | Exness | FBS | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FBS |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FBS |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FBS |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FBS |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $10 | $1 | FBS |
| Inactivity fee | β | β | Tie |
When comparing trading costs for China traders, Exness clearly outperforms FBS. Exness offers spreads from 0.0 pips on its Raw Spread account with a small commission, while standard accounts have spreads as low as 0.3 pips. FBS spreads start at 0.5 pips on its ECN account and 1.0 pips on standard accounts. For high-volume traders in Chinaβwho often trade large lot sizesβExnessβs tighter spreads can save significant costs over time. Additionally, Exness charges no hidden fees on deposits or withdrawals, which is crucial when using USDT or international bank transfers.
| Account Type | Exness | FBS |
|---|---|---|
| Standard account | β | β |
| ECN / Raw spread | β | β |
| Islamic (swap-free) | β | β |
| Demo account | β | β |
| PAMM / MAM account | β | β |
| Zero spread account | β | β |
| Copy trading | β | β |
| VPS trading | β | β |
| Min deposit | $10 | $1 |
| Neg. balance protection | β | β |
| Entity / Asset | Exness | FBS |
|---|---|---|
| China (offshore) | Up to 1:2000 | Up to 1:3000 |
| Forex major pairs | 1:2000 | 1:3000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Margin call level | 80% | 80% |
| Stop out level | 50% | 50% |
| Asset Class | Exness | FBS | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Exness |
| Gold (XAU/USD) | β | β | Tie |
| Oil (WTI/Brent) | β | β | Tie |
| Stock indices | 25+ indices | 20+ indices | Exness |
| Crypto CFDs | 30+ | 20+ | Exness |
| Stocks / Share CFDs | β | β | FBS |
| ETFs | β | β | Tie |
| Options | β | β | Tie |
| Futures | β | β | Tie |
| Platform | Exness | FBS |
|---|---|---|
| MetaTrader 4 (MT4) | β | β |
| MetaTrader 5 (MT5) | β | β |
| cTrader | β | β |
| TradingView | β | β |
| Expert Advisors (EAs) | β | β |
| Scalping allowed | β | β |
| Hedging allowed | β | β |
| Fixed spreads | β | β |
| Variable spreads | β | β |
Both Exness and FBS offer the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely used by Chinese traders. Exness also provides its proprietary web terminal and mobile app, optimized for fast execution. FBS offers a similar range but with less advanced charting tools. For China traders who rely on algorithmic trading or expert advisors, both brokers support EAs seamlessly. However, Exnessβs platform stability and lower latency are preferred by scalpers and day traders in China who need split-second execution.
| Factor | Exness | FBS | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FBS |
| Avg execution speed | ~30ms | ~40ms | Exness |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Dealing desk | β | β | Tie |
| Scalping allowed | β | β | Tie |
| News trading | β | β | Tie |
| EA / Bot trading | β | β | Tie |
Exness boasts an average execution speed of 0.1 seconds with no requotes, making it ideal for scalpers and high-frequency traders in China. FBS execution averages 0.3 seconds, which is still good but may cause slippage during volatile markets. Exness uses a combination of STP and ECN execution, while FBS uses a market maker model. For Chinese traders who prioritize speed and transparency, Exness is the clear winner.
| Safety Factor | Exness | FBS |
|---|---|---|
| Primary regulator | FCA | IFSC |
| Reg number | #730729 | #IFSC/60/230/TS/19 |
| Verify registration | Verify β | Verify β |
| Top-tier regulated | β | β |
| Investor protection | β | β |
| Segregated funds | β | β |
| Neg. balance protection | β | β |
Exness is regulated by multiple top-tier authorities including the FCA (UK) and CySEC (Cyprus), while FBS is regulated by the IFSC (Belize) and CySEC. Neither broker is regulated by the China Securities Regulatory Commission (CSRC), meaning Chinese traders access these brokers as offshore entities. This lack of local regulation means traders must accept higher risk, but Exnessβs stronger regulatory oversight provides an extra layer of security. FBSβs lower-tier regulation may raise concerns for risk-averse Chinese traders. Always verify the brokerβs license before depositing funds.
| Payment Method | Exness | FBS |
|---|---|---|
| Bank Wire Transfer | β | β |
| Visa / Mastercard | β | β |
| Skrill | β | β |
| Neteller | β | β |
| USDT / Crypto | β | β |
| Deposit fee | None | None |
| Withdrawal time | 24/7 automated; 98% instant to 24hrs; mobile money often instant; bank transfer 1-3 days | 15-20 minutes for most methods; up to 48 hours for bank transfer |
| Min withdrawal | $50 | $50 |
For China traders, deposit and withdrawal methods are a top priority. Exness supports USDT (ERC20, TRC20, BEP20) and international bank transfers with instant processing for USDT and 1-3 business days for bank transfers. There are no deposit fees, and withdrawals are processed within 24 hours. FBS also accepts USDT and international bank transfers, but withdrawal times can take up to 48 hours. Both brokers accept CNY equivalents via USDT, but Exness offers more cryptocurrency options, including Bitcoin and Ethereum. For Chinese traders, USDT is the most efficient method due to speed and lower costs. Always ensure you use a reliable wallet for USDT transfers.
| Islamic Account Feature | Exness | FBS |
|---|---|---|
| Swap-free available | β | β |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | β | β |
| Gold swap-free | β | β |
| Crypto swap-free | β | β |
| How to apply | Contact support | Contact support |
Both Exness and FBS offer Islamic (swap-free) accounts for Muslim traders in China who follow Sharia law. Exness provides Islamic accounts on all account types (Standard, Raw Spread, Zero) with no swap fees on overnight positions. FBS offers swap-free accounts on its Standard and Cent accounts, but not on ECN or Zero spread accounts. For Chinese Muslim traders, Exness is more flexible as it allows swap-free trading across all asset classes without restrictions. FBS may limit the number of days a position can be held swap-free, so Exness is the better option for long-term traders.
| Support Feature | Exness | FBS | Winner |
|---|---|---|---|
| Live chat | β | β | Tie |
| Phone support | β | β | Tie |
| Email support | β | β | Tie |
| 24/7 support | β | β | Exness |
| 24/5 support | β | β | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Exness |
Exness offers 24/7 multilingual customer support including Chinese language via live chat, email, and phone. FBS also provides 24/7 support with Chinese-speaking agents, but response times can be slower during peak hours. Exnessβs support team is known for resolving issues quickly, which is critical for Chinese traders facing time-sensitive deposit or withdrawal problems. Both brokers have extensive FAQ sections in Chinese.
| Mobile Feature | Exness | FBS | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5β | 4.3β | Exness |
| Google Play rating | 4.3β | 4.2β | Exness |
| Biometric login | β | β | Tie |
| Push notifications | β | β | Tie |
| Full charting on mobile | β | β | Tie |
| Mobile deposit/withdrawal | β | β | Tie |
| TradingView mobile | β | β | Tie |
| Dark mode | β | β | Tie |
| Resource | Exness | FBS | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Exness |
| Webinars (live) | β | Monthly | Tie |
| Economic calendar | β | β | Tie |
| Market analysis | Daily | Basic | Exness |
| Beginner resources | Excellent | Basic | Exness |
Choose Exness if you...
Choose FBS if you...
For China traders, Exness is the superior choice due to its higher trust score, tighter spreads, and better execution. While FBS offers a lower entry barrier and bonuses, Exness provides more reliable USDT deposits and international bank transfersβessential for Chinese clients navigating capital controls. The lack of CSRC regulation applies to both brokers, but Exnessβs stronger regulatory framework offers peace of mind. If youβre a serious trader seeking low costs and fast execution, go with Exness. If youβre a beginner testing the waters, FBS may suffice, but be prepared for higher costs and slower support. Always trade responsibly and only use funds you can afford to lose.