Which broker is better for Syria traders in 2026? Expert analysis across 12 categories.
For Syria traders looking to trade forex, choosing between FBS and FP Markets is a critical decision. FBS, with a broker score of 3.7/5, is a well-known global broker offering low minimum deposits and user-friendly platforms. FP Markets, scoring 4.7/5, is an Australian-based broker recognized for its tight spreads, multiple platform options, and strong regulatory history. Both brokers accept Syria residents and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, which is crucial given the limited banking infrastructure in Syria. While neither broker is regulated by the local financial regulator in Syria, both operate under reputable international licenses. This comparison focuses on trading costs, platforms, Islamic account availability, and deposit/withdrawal processes tailored specifically for Syria traders in 2025.
| 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 |
FP Markets offers lower overall trading costs for Syria traders, especially on its Raw ECN account where spreads start from 0.0 pips with a commission of $3 per lot per side. FBS has competitive spreads on its ECN account starting from 0.1 pips but with higher commissions. For Syria traders who trade frequently, FP Markets can save significant costs on high-volume trading. FBS may be cheaper for smaller trades due to its lower minimum deposit ($5 vs $100). Both brokers offer fixed and variable spreads, but FP Markets consistently provides tighter spreads on major pairs like EUR/USD.
| Account Type | FBS | FP Markets |
|---|---|---|
| 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 | FP Markets |
|---|---|---|
| Syria (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 |
| Asset Class | FBS | FP Markets | 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 | ✗ | 1,700+ | FP Markets |
| ETFs | ✗ | ✓ | Tie |
| Platform | FBS | FP Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✓ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FP Markets provides MetaTrader 4, MetaTrader 5, and cTrader, giving Syria traders more choice for advanced charting and automated trading. cTrader is particularly popular for its intuitive interface and fast execution. FBS offers MT4 and MT5 only, which are still excellent but lack the depth of cTrader. For Syria traders who rely on mobile trading or algorithmic strategies, FP Markets' broader platform selection is a clear advantage. Both brokers support web trading and mobile apps optimized for low-bandwidth connections, important for Syria's internet conditions.
| 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 | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FP Markets offers ECN execution with no requotes and low latency, making it ideal for Syria traders who scalp or use automated strategies. FBS uses a market maker model on standard accounts and ECN on its ECN account, but execution may be slower during volatile markets. FP Markets' cTrader platform provides Level II pricing and faster order execution, which is a key advantage for active traders in Syria.
| Safety Factor | FBS | FP Markets |
|---|---|---|
| Primary regulator | IFSC | ASIC |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither FBS nor FP Markets is regulated by the local financial regulator in Syria. However, FP Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), providing a higher level of client fund protection. FBS is regulated by the International Financial Services Commission (IFSC) in Belize, which offers less stringent oversight. For Syria traders, FP Markets' stronger regulatory framework adds an extra layer of security, especially given the lack of local regulation. Both brokers offer negative balance protection, but FP Markets' ASIC regulation ensures stricter compliance.
| Payment Method | FBS | FP Markets |
|---|---|---|
| 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. | 24 hours |
Syria traders can fund their accounts at both FBS and FP Markets using Bank Transfer, Skrill, Neteller, and USDT TRC20. FBS supports local Syrian bank transfers in some cases, while FP Markets processes USDT TRC20 deposits within minutes. Withdrawals are typically processed within 1-2 business days for e-wallets and crypto, while bank transfers may take 3-5 days. FBS has no deposit fees, and FP Markets charges no fees for most methods. For Syria traders, USDT TRC20 is particularly useful due to its speed and low cost, bypassing traditional banking restrictions. Both brokers require account verification before withdrawals, which can be done with a passport or national ID.
| Islamic Account Feature | FBS | FP Markets |
|---|---|---|
| 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 FP Markets offer Islamic (swap-free) accounts for Syria Muslim traders. FP Markets provides Islamic accounts on all account types, including Raw and Standard, with no swap fees on overnight positions. FBS offers Islamic accounts only on certain account types, such as the Cent and Standard accounts, but not on ECN. For Syria traders who require Sharia-compliant trading, FP Markets is more accommodating as it allows Islamic accounts across its full product range. Both brokers require a request for Islamic account activation, and FP Markets processes it immediately.
| Support Feature | FBS | FP Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FBS |
FP Markets offers 24/5 customer support via live chat, email, and phone, with Arabic language support available during business hours. FBS also provides 24/7 support in Arabic, but response times can be slower. For Syria traders, FP Markets' dedicated account managers and faster email responses are beneficial. Both brokers have extensive FAQ sections on their websites.
| Mobile Feature | FBS | FP Markets | 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 | ✗ | ✓ | FP Markets |
| Resource | FBS | FP Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | FBS |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FBS |
Choose FBS if you...
Choose FP Markets if you...
For Syria traders in 2025, FP Markets is the superior choice overall due to its higher trust score, tighter spreads, broader platform selection, and stronger regulation. While FBS offers a lower entry barrier with a $5 minimum deposit and simpler accounts, FP Markets provides better value for active traders, especially those using USDT TRC20 for deposits or requiring Islamic accounts. Both brokers support Bank Transfer, Skrill, Neteller, and USDT TRC20, but FP Markets processes crypto deposits faster. Neither broker is regulated by the local financial regulator in Syria, but FP Markets' ASIC regulation offers more peace of mind. Ultimately, choose FBS if you are a beginner with a small capital, and FP Markets if you trade frequently or need advanced tools.