Which broker is better for Norway traders in 2026? Expert analysis across 12 categories.
Norway traders looking for a reliable forex broker in 2025 often compare FBS and Forex.com. FBS, with a strong score of 3.7/5, is known for its low minimum deposits, flexible payment methods like Skrill, Neteller, and USDT TRC20, and user-friendly platforms. Forex.com, scoring 3.4/5, is a global giant with deep liquidity and regulatory oversight from top-tier bodies. For Norwegian retail traders, the choice often comes down to cost, convenience, and local payment support. FBS excels with instant deposits and lower spreads, while Forex.com offers institutional-grade execution and extensive research tools. Both brokers accept clients from Norway and support Bank Transfer, Skrill, Neteller, and USDT TRC20, making them accessible for local traders.
| Instrument | FBS | Forex.com | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Forex.com |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Forex.com |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Forex.com |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Forex.com |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $100 | Forex.com |
For Norway traders, trading costs are a key factor. FBS offers spreads from 0.1 pips on its ECN account, with no commission on standard accounts. Forex.com's spreads start at 0.2 pips but include a commission of $5 per lot on raw pricing accounts. For a typical Norway trader executing 10 lots per month, FBS saves approximately $50 in costs compared to Forex.com. However, Forex.com's costs become competitive for high-volume traders above $100,000 per month. Both brokers have variable spreads that can widen during volatile market hours, which is relevant for Norway traders trading during European sessions.
| Account Type | FBS | Forex.com |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $100 |
| Entity / Asset | FBS | Forex.com |
|---|---|---|
| Norway (offshore) | Up to 1:3000 | Up to 1:50 |
| Forex major pairs | 1:3000 | 1:50 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | FBS | Forex.com | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FBS |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FBS |
| Crypto CFDs | 30+ | 20+ | FBS |
| Stocks / Share CFDs | ✗ | ✗ | Forex.com |
| ETFs | ✗ | ✗ | Tie |
| Platform | FBS | Forex.com |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FBS provides MetaTrader 4 and MetaTrader 5, popular among Norway traders for their advanced charting and automated trading capabilities. Forex.com offers its proprietary web platform, MetaTrader 4, and TradingView integration. For Norway traders who prefer mobile trading, both brokers have robust apps, but FBS's mobile platform is more intuitive for beginners. Forex.com's platform is better for traders who need advanced risk management tools and real-time news. Both support Norwegian language options, making them accessible for local users.
| Factor | FBS | Forex.com | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Forex.com |
| Avg execution speed | ~30ms | ~40ms | FBS |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
FBS offers instant execution with no requotes on standard accounts, while Forex.com provides market execution with low latency. Both brokers have execution speeds under 50 milliseconds on average. For Norway traders trading during high volatility, FBS's instant execution can prevent slippage, while Forex.com's market execution may result in better fills for large orders. Overall, execution quality is comparable for retail traders.
| Safety Factor | FBS | Forex.com |
|---|---|---|
| Primary regulator | IFSC | FCA |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FBS is regulated by the International Financial Services Commission (IFSC) of Belize, which provides basic investor protection. Forex.com is regulated by top-tier authorities like the UK FCA, US CFTC, and Australian ASIC, offering stronger client fund segregation and compensation schemes. For Norway traders, Forex.com's regulation means higher security for larger deposits, but FBS's lighter regulation allows for more flexible trading conditions like higher leverage (up to 1:3000 vs 1:50). Both brokers comply with Norway's local financial regulator requirements for foreign brokers operating in the country.
| Payment Method | FBS | Forex.com |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✗ |
| Neteller | ✓ | ✗ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Electronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15–20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 business days. | 1 to 3 business days |
Norway traders can deposit and withdraw using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. FBS has a minimum deposit of $10, making it highly accessible, while Forex.com requires $50. Deposits via Skrill and Neteller are instant on FBS, while Forex.com may take up to 24 hours. USDT TRC20 deposits are processed within minutes on both platforms with low fees. Bank transfers for Norway traders typically take 1-3 business days and may incur intermediary bank fees. FBS offers free withdrawals for the first 5 per month, while Forex.com charges $25 for wire transfers. For Norway traders, FBS is more cost-effective for frequent small deposits, while Forex.com is better for larger, less frequent transactions.
| Islamic Account Feature | FBS | Forex.com |
|---|---|---|
| Swap-free available | ✓ | ✗ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both FBS and Forex.com offer Islamic accounts (swap-free) for Norway's Muslim traders. FBS provides Islamic accounts on all account types with no swap fees on overnight positions, and no additional charges. Forex.com offers Islamic accounts upon request, but only for standard and raw pricing accounts, and requires a minimum deposit of $500. For Norway traders, FBS's Islamic account is more accessible due to lower minimum deposits and no request process. Both brokers ensure compliance with Sharia law by not charging or paying interest on positions held overnight.
| Support Feature | FBS | Forex.com | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FBS |
FBS offers 24/7 customer support via live chat, email, and phone, with support in Norwegian language. Forex.com provides 24/5 support during market hours, with English-only support for Norway traders. FBS's response time is typically under 2 minutes, while Forex.com may take up to 10 minutes. For Norway traders, FBS's Norwegian language support is a significant advantage.
| Mobile Feature | FBS | Forex.com | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FBS |
| Google Play rating | 4.3 stars | 4.2 stars | FBS |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FBS | Forex.com | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FBS |
Choose FBS if you...
Choose Forex.com if you...
For Norway traders in 2025, FBS is the better choice for most retail traders due to its lower costs, flexible payment methods including Skrill, Neteller, and USDT TRC20, and accessible Islamic accounts. Forex.com is suitable for traders who prioritize regulatory security and advanced platforms, but its higher minimum deposit and fewer local payment options make it less convenient. Both brokers comply with Norway's local financial regulator requirements, but FBS's higher score (3.7/5 vs 3.4/5) reflects its better fit for Norwegian retail traders. Consider your trading volume and payment preferences when choosing between them.