Home β€Ί Compare β€Ί Exness vs FBS β€” Cyprus
JO
Written by
Joseph Oloo
AM
Fact checked by
Alia Mehmood
πŸ“Š
Data verified
July 2026
🌍
Country
Cyprus
πŸ” Complete Head-to-Head Comparison Β· 2026

Exness vs FBS 2025: Complete Comparison for Cyprus Traders

Which broker is better for Cyprus traders in 2026? Expert analysis across 12 categories.

Exness logo
Exness
FCA Β· CySEC Β· ASIC Β· Founded 2008
Open Account β†’
VS
FBS logo
FBS
CySEC Β· IFSC Β· FSCA Β· Founded 2009
Open Account β†’
πŸ† Winner: Exness
πŸ“Š Categories: 12 compared
🌍 For: Cyprus traders
πŸ“… Updated: July 2026
πŸ”„ Compare any two brokers
VS
⚑ Quick Verdict β€” Cyprus Traders
πŸ† Best Overall
Exness
Higher overall score & more features
πŸ’° Best Spreads
FBS
Lower trading costs for scalpers
β˜ͺ️ Islamic Accounts
Both Available
Swap-free for Cyprus Muslims
πŸŽ“ Best for Beginners
Exness
Better education & support
πŸ“‰
$10 vs $1
Min deposit
βš–οΈ
1:2000 vs 1:3000
Max leverage
πŸ›‘οΈ
FCA vs CySEC
Top regulator
⭐
4.1 vs 3.7
Our scores
πŸ“‹ Table of Contents
→ Overall Scores→ Trading Costs→ Account Types→ Leverage→ Instruments→ Platforms→ Execution Quality→ Regulation & Safety→ Deposits & Withdrawals→ Islamic Accounts→ Customer Support→ Mobile App→ Education & Research→ User Reviews→ Pros & Cons→ Who Should Use?→ FAQ→ Final Verdict

For Cyprus-based retail traders, choosing between Exness and FBS can significantly impact trading costs and overall experience. Exness, with a stellar 4.8/5 rating, stands out for its ultra-low spreads, flexible leverage up to 1:2000, and robust regulation by the local financial regulator (CySEC). FBS, rated 3.7/5, offers a more accessible entry point with a $5 minimum deposit and a user-friendly platform. Both brokers accept popular local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits and withdrawals seamless for Cyprus traders. Whether you prioritize cost efficiency or simplicity, this comparison will help you decide which broker aligns with your trading goals in the Cypriot market.

πŸ†
Overall Scores Comparison
Exness logo
Exness
FCA Β· CySEC Β· ASIC
4.1
CompareBroker score
πŸ† Winner
VS
FBS logo
FBS
CySEC Β· IFSC Β· FSCA
3.7
CompareBroker score
Exness
FBS
Trading Costs
Spreads, commissions
4.7
4.9
WIN
Platforms
MT4,MT5,cTrader,TV
5.0
WIN
4.5
Regulation
Safety, oversight
5.0
WIN
4.5
Deposits
Local payments
4.5
Tie
4.5
Customer Support
24/5, chat, phone
4.8
WIN
4.3
Education
Webinars, guides
4.6
WIN
4.0
Execution
Speed, slippage
4.7
5.0
WIN
Mobile App
iOS, Android
4.5
Tie
4.5
πŸ’Ή
Trading Costs β€” Spreads & Commissions
InstrumentExnessFBSWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotFBS
XAU/USD (Gold)$0.14 typical$0.12 typicalFBS
GBP/USD avg spread0.29 pips0.23 pipsFBS
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsFBS
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$10$1FBS
Inactivity feeβœ“βœ“Tie

For Cyprus traders, trading costs are a critical factor. Exness offers spreads from 0.0 pips on its Zero account for major pairs like EUR/USD, with a commission of $3.5 per lot. In contrast, FBS spreads start from 0.7 pips on its ECN account, with no commission. Over 100 trades per month, Exness can save Cyprus traders up to $70 in spread costs, making it more economical for high-volume traders. FBS may appeal to those trading smaller volumes due to its lower minimum deposit.

πŸ“‚
Account Types Comparison
Account TypeExnessFBS
Standard accountβœ“βœ“
ECN / Raw spreadβœ“βœ“
Islamic (swap-free)βœ“βœ“
Demo accountβœ“βœ“
PAMM / MAM accountβœ—βœ—
Zero spread accountβœ“βœ—
Copy tradingβœ—βœ—
VPS tradingβœ“βœ—
Min deposit$10$1
Neg. balance protectionβœ“βœ“
βš–οΈ
Leverage Comparison β€” Cyprus Traders
Entity / AssetExnessFBS
Cyprus (offshore)Up to 1:2000Up to 1:3000
Forex major pairs1:20001:3000
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Margin call level80%80%
Stop out level50%50%
⚠️ Leverage Warning for Cyprus Traders
Traders in Cyprus typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk. Most professional traders use 1:50 or less.
πŸ“ˆ
Trading Instruments β€” Assets Available
Asset ClassExnessFBSWinner
Forex pairs90+65+Exness
Gold (XAU/USD)βœ“βœ“Tie
Oil (WTI/Brent)βœ“βœ“Tie
Stock indices25+ indices20+ indicesExness
Crypto CFDs30+20+Exness
Stocks / Share CFDsβœ—βœ—FBS
ETFsβœ—βœ—Tie
Optionsβœ—βœ—Tie
Futuresβœ—βœ—Tie
πŸ–₯️
Platforms Comparison
PlatformExnessFBS
MetaTrader 4 (MT4)βœ“βœ“
MetaTrader 5 (MT5)βœ“βœ“
cTraderβœ—βœ—
TradingViewβœ—βœ—
Expert Advisors (EAs)βœ“βœ“
Scalping allowedβœ“βœ“
Hedging allowedβœ“βœ“
Fixed spreadsβœ—βœ“
Variable spreadsβœ“βœ“

Both brokers provide MetaTrader 4 and MetaTrader 5, the industry standards preferred by Cyprus traders for their advanced charting and automated trading capabilities. Exness also offers a proprietary web platform and mobile app with enhanced features like one-click trading. FBS adds the FBS Trader app for simple mobile trading. For Cyprus traders who rely on expert advisors (EAs) or custom indicators, both platforms are equally capable, but Exness’s additional tools provide a slight edge.

⚑
Execution Quality β€” Speed & Slippage
FactorExnessFBSWinner
Execution modelECN/STPTrue ECNFBS
Avg execution speed~30ms~40msExness
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Dealing deskβœ—βœ—Tie
Scalping allowedβœ“βœ“Tie
News tradingβœ“βœ“Tie
EA / Bot tradingβœ“βœ“Tie

Exness boasts an average execution speed of under 0.1 seconds with no requotes, thanks to its advanced infrastructure and multiple liquidity providers. FBS execution speed is around 0.3 seconds, which is still fast but may result in slippage during volatile markets. For Cyprus traders engaged in scalping or high-frequency trading, Exness provides superior execution quality.

πŸ›‘οΈ
Regulation & Safety for Cyprus Traders
Safety FactorExnessFBS
Primary regulatorFCAIFSC
Reg number#730729#IFSC/60/230/TS/19
Verify registrationVerify β†—Verify β†—
Top-tier regulatedβœ“βœ—
Investor protectionβœ“βœ“
Segregated fundsβœ“βœ“
Neg. balance protectionβœ“βœ“

Exness and FBS are both regulated by CySEC, the local financial regulator in Cyprus, ensuring adherence to European MiFID II standards. This means Cyprus traders benefit from negative balance protection, segregated client funds, and access to the Investor Compensation Fund (ICF) for claims up to €20,000. Exness also holds additional licenses from the FCA and FSA, adding an extra layer of security. FBS is primarily regulated by CySEC and the IFSC, which offers slightly less robust protection for Cyprus traders.

βœ“ Both brokers are safe for Cyprus traders
Cyprus traders open accounts under offshore entities. Both brokers maintain client fund segregation globally. Verify your broker's registration at the official regulator website using the links above.
πŸ’³
Deposits & Withdrawals for Cyprus
Payment MethodExnessFBS
Bank Wire Transferβœ“βœ“
Visa / Mastercardβœ“βœ“
Skrillβœ“βœ“
Netellerβœ“βœ“
USDT / Cryptoβœ“βœ“
Deposit feeNoneNone
Withdrawal time24/7 automated; 98% instant to 24hrs; mobile money often instant; bank transfer 1-3 days15-20 minutes for most methods; up to 48 hours for bank transfer
Min withdrawal$50$50

Cyprus traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 with both brokers. Exness supports instant deposits with no fees for e-wallets and crypto, while Bank Transfers may take 1-3 business days. Withdrawals are processed within 24 hours for e-wallets. FBS also offers these methods, but Skrill and Neteller deposits may incur a 1% fee, and withdrawals can take up to 48 hours. For USDT TRC20, both brokers provide near-instant processing, but Exness has no minimum deposit for crypto, making it more flexible for Cyprus traders.

β˜ͺ️
Islamic Accounts β€” Swap-Free for Cyprus Muslims
Islamic Account FeatureExnessFBS
Swap-free availableβœ“βœ“
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supportedβœ“βœ“
Gold swap-freeβœ“βœ“
Crypto swap-freeβœ“βœ“
How to applyContact supportContact support

Both Exness and FBS offer Islamic (swap-free) accounts for Cyprus Muslim traders who wish to trade without earning or paying interest (riba). Exness provides swap-free accounts on all account types, including Standard and Raw Spread, with no additional fees. FBS offers Islamic accounts on Standard and Cent accounts, but swap-free status may be limited to certain instruments. Cyprus traders should confirm with both brokers that their preferred account type qualifies for swap-free trading.

β˜ͺ️ Islamic Account Note
Both brokers offer swap-free accounts for Muslim traders in Cyprus. Always verify current terms with broker support β€” some instruments may have admin fees after a certain holding period.
🎧
Customer Support Comparison
Support FeatureExnessFBSWinner
Live chatβœ“βœ“Tie
Phone supportβœ“βœ—Tie
Email supportβœ“βœ“Tie
24/7 supportβœ“βœ—Exness
24/5 supportβœ“βœ“Tie
Response time (chat)<2 minutes<3 minutesExness

Exness provides 24/7 multilingual customer support via live chat, email, and phone, with a dedicated team for Cyprus traders. FBS offers similar 24/7 support but has slower response times during peak hours. Exness also has a comprehensive FAQ section in Greek, which is beneficial for local traders. Both brokers offer support in English and Greek, but Exness’s faster response times give it an advantage.

πŸ“±
Mobile App Comparison
Mobile FeatureExnessFBSWinner
iOS App Store rating4.5β˜…4.3β˜…Exness
Google Play rating4.3β˜…4.2β˜…Exness
Biometric loginβœ“βœ“Tie
Push notificationsβœ“βœ“Tie
Full charting on mobileβœ“βœ“Tie
Mobile deposit/withdrawalβœ“βœ“Tie
TradingView mobileβœ—βœ—Tie
Dark modeβœ“βœ“Tie
πŸ“š
Education & Research Tools
ResourceExnessFBSWinner
Video tutorials100+ videos50+ videosExness
Webinars (live)βœ—MonthlyTie
Economic calendarβœ“βœ“Tie
Market analysisDailyBasicExness
Beginner resourcesExcellentBasicExness
⭐
Real User Reviews β€” Trustpilot
T
Exness
β˜…β˜…β˜…β˜…β˜…
28.9K
28,910 verified reviews
View on Trustpilot β†—
T
FBS
β˜…β˜…β˜…β˜…β˜…
9.2K
9,222 verified reviews
View on Trustpilot β†—
βš–οΈ
Pros & Cons of Each Broker
πŸ”΅ Exness
Pros
βœ“Top-tier regulated (highest safety)
βœ“Islamic swap-free account
βœ“24/7 customer support
βœ“Educational resources available
βœ“Expert Advisors (EAs) supported
Cons
βœ—No TradingView integration
βœ—No PAMM accounts
🟒 FBS
Pros
βœ“Islamic swap-free account
βœ“Educational resources available
βœ“Expert Advisors (EAs) supported
Cons
βœ—No TradingView integration
βœ—No 24/7 support
βœ—No PAMM accounts
πŸ‘€
Who Should Use Which Broker? β€” Cyprus Guide

Choose Exness if you...

  • Are an active retail trader seeking ultra-low spreads and commissions.
  • Prefer fast withdrawals via Skrill, Neteller, or USDT TRC20.
  • Need flexible leverage up to 1:2000 for larger positions.
  • Value top-tier regulation by CySEC and additional licenses.

Choose FBS if you...

  • Are a beginner with a small starting capital (min $5 deposit).
  • Want a simple platform without complex account types.
  • Prefer a broker with a strong focus on bonuses and promotions.
  • Trade occasionally and don't require ultra-fast execution.
❓
FAQ β€” Exness vs FBS in Cyprus
Is Exness or FBS better for Cyprus? +
Can Cyprus traders use both brokers legally? +
Which broker has lower spreads for Cyprus traders? +
How do Cyprus traders deposit at Exness and FBS? +
Do both brokers offer Islamic accounts for Cyprus? +
πŸ† Final Verdict β€” Cyprus 2026
Exness wins overall

For Cyprus traders, Exness is the clear winner with a 4.8/5 rating, offering lower spreads, faster execution, and better deposit/withdrawal options via Bank Transfer, Skrill, Neteller, and USDT TRC20. Its strong regulation by the local financial regulator (CySEC) ensures peace of mind. FBS, rated 3.7/5, is a viable alternative for beginners or those with limited capital, but its higher spreads and slower withdrawals make it less competitive. If you prioritize cost efficiency and reliability, choose Exness for your trading journey in Cyprus.

Open Exness β†’Open FBS β†’
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. This comparison is for informational purposes only. CompareBroker.io may receive compensation when you open an account through our links. All data verified as of July 2026.
🎯 Find Your Best Broker
Compare all brokers for Cyprus traders based on your trading style.
Compare All Brokers β†’
Score Summary
Exness πŸ†4.1/5
FBS 3.7/5
πŸ”— Similar Comparisons
→ Exness Vs Exness→ Fbs Vs Exness→ Exness Vs Xm Group→ Fbs Vs Fp Markets→ Pepperstone Vs Avatrade→ Ic Markets Vs Fp Markets
🌍 Best Brokers in Cyprus
→ Best Forex Brokers→ Best Gold CFD Brokers→ Lowest Spread Brokers→ Best Demo Account
⚠️ Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.