Quick Verdict โ Bangladesh Traders
Best Overall
FBS
Higher overall score & more features
Best Spreads
FP Markets
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Bangladesh Muslims
Best for Beginners
FBS
Better education & support
1:3000 vs 1:500
Max leverage
For Bangladesh traders looking to enter the forex market in 2025, choosing between FBS and FP Markets is a common dilemma. Both brokers accept local traders and support popular payment methods like bKash, Nagad, USDT TRC20, and Bank Transfer. However, they cater to different trader profiles. FBS is known for its low minimum deposit of just $5 (roughly 585 BDT), making it ideal for mobile-first beginners. FP Markets, on the other hand, offers a more professional trading environment with tighter spreads, better regulation, and a higher trust score of 4.7/5. While neither broker is regulated by the BSEC (Bangladesh Securities and Exchange Commission), both hold international licenses. This comparison will help you decide which broker aligns with your trading goals, budget, and local payment preferences.
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Overall Scores Comparison

FBS
CySEC ยท IFSC ยท FSCA
3.7
CompareBroker score
Winner
VS

FP Markets
1
2.9
CompareBroker score
Trading Costs
Spreads, commissions
Platforms
MT4, MT5, cTrader, TV
Regulation
Safety, oversight
Customer Support
24/5, chat, phone
Education
Webinars, guides
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Trading Costs - Spreads & Commissions
| Instrument | FBS | FP Markets | Winner |
|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FP Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FP Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FP Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FP Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $100 | FP Markets |
When comparing trading costs, FP Markets clearly outperforms FBS for Bangladesh traders. FP Markets offers Raw ECN accounts with spreads from 0.0 pips and a commission of $3 per lot, while FBS spreads start at 0.7 pips on its ECN account and 1.5 pips on standard accounts. For a trader executing 10 lots per month, the difference in spreads can save hundreds of dollars annually. FBS does have lower minimum deposits, but the spread costs add up quickly. For serious traders in Bangladesh using bKash or Nagad to fund accounts, FP Markets provides better long-term value despite the higher initial deposit requirement.
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Account Types Comparison
| Account Type | FBS | FP Markets |
|---|
| Standard account | โ | โ |
| ECN / Raw spread | โ | โ |
| Islamic (swap-free) | โ | โ |
| Demo account | โ | โ |
| PAMM / MAM account | โ | โ |
| Zero spread account | โ | โ |
| Copy trading | โ | โ |
| Min deposit | $5 | $100 |
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Leverage Comparison - Bangladesh Traders
| Entity / Asset | FBS | FP Markets |
|---|
| Bangladesh (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Leverage Warning for Bangladesh Traders
Traders in Bangladesh typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
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Trading Instruments - Assets Available
| Asset Class | FBS | FP Markets | Winner |
|---|
| Forex pairs | 90+ | 65+ | FBS |
| Gold (XAU/USD) | โ | โ | Tie |
| Oil (WTI/Brent) | โ | โ | Tie |
| Stock indices | 25+ indices | 20+ indices | FBS |
| Crypto CFDs | 30+ | 20+ | FBS |
| Stocks / Share CFDs | โ | 1,700+ | FP Markets |
| ETFs | โ | โ | Tie |
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Execution Quality - Speed & Slippage
| Factor | FBS | FP Markets | Winner |
|---|
| Execution model | ECN/STP | True ECN | FP Markets |
| Avg execution speed | ~30ms | ~40ms | FBS |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | โ | โ | Tie |
| EA / Bot trading | โ | โ | Tie |
FP Markets offers superior execution with ECN technology, providing straight-through processing (STP) and low latency. FBS uses a hybrid model with market maker and ECN execution depending on the account type. For Bangladesh traders who scalp or use automated strategies, FP Markets' execution is faster and more reliable. FBS is adequate for casual traders.
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Regulation & Safety for Bangladesh Traders