Which broker is better for China traders in 2026? Expert analysis across 12 categories.
For China traders seeking offshore forex exposure, choosing between FBS and FxPro is a critical decision that affects trading costs, deposit flexibility, and regulatory safety. FBS, scoring 3.7/5, is a popular choice among Chinese retail traders due to its low minimum deposit ($5), generous bonuses, and support for local payment methods like USDT and Bank Transfer (international). However, its regulation is limited to offshore jurisdictions (IFSC Belize), which may raise concerns for those wary of counterparty risk. FxPro, with a higher score of 4.1/5, is a London-based broker regulated by the FCA, CySEC, and SCB, offering a more robust safety net. For Chinese traders, FxPro's tighter spreads, advanced platforms (MT4, MT5, cTrader), and strong execution reputation make it a premium choice for serious trading. Both brokers accept Chinese clients, but neither is regulated by the CSRC (China Securities Regulatory Commission), meaning traders must fund accounts via permissible offshore channels. This comparison breaks down key factors—spreads, platforms, regulation, deposits, and support—specifically for China traders using CNY and local payment options.
| Instrument | FBS | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $100 | FxPro |
For China traders, trading costs are a major differentiator. FxPro offers raw spreads from 0.0 pips on its MT4/MT5 platforms with a small commission ($4.5 per lot per side), making it highly competitive for high-volume traders. FBS, on the other hand, has higher spreads on standard accounts (around 1-2 pips for EUR/USD) but offers a Zero Spread account with a commission of $20 per lot. For a China trader executing 10 lots per month, FxPro's total cost would be around $90 in commissions plus minimal spreads, while FBS could cost $200+ in spreads and commissions. This difference is significant for scalpers and day traders. Both brokers offer CNY-based account options, but FxPro's cost structure is generally more favorable for active traders.
| Account Type | FBS | FxPro |
|---|---|---|
| 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 | FxPro |
|---|---|---|
| China (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 | FxPro | 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+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | FBS | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are the most popular platforms among China traders due to their algorithmic trading capabilities and EA support. FxPro also offers cTrader, a platform known for its advanced charting and direct market access (DMA), appealing to professional traders. FBS provides its own proprietary web platform and mobile apps, but these are less feature-rich. For China traders who rely on automated strategies or need fast execution, FxPro's multi-platform support (MT4, MT5, cTrader) gives it an edge. Both platforms are available in Chinese language.
| Factor | FBS | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| 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 |
FxPro offers superior execution quality with an average order execution speed of 12-15 milliseconds, thanks to its No Dealing Desk (NDD) model and direct market access (DMA). FBS also uses NDD but has slightly higher slippage during volatile markets, with average execution speed of 50-100 milliseconds. For China traders who scalp or trade news events, FxPro's faster execution and minimal requotes provide a clear advantage. Both brokers offer negative balance protection, but FxPro's execution is more consistent across major forex pairs.
| Safety Factor | FBS | FxPro |
|---|---|---|
| Primary regulator | IFSC | FCA |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for China traders, given the absence of CSRC oversight for offshore brokers. FxPro is regulated by the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Securities Commission of the Bahamas (SCB). This multi-jurisdictional oversight provides strong client fund segregation and negative balance protection. FBS is regulated only by the International Financial Services Commission (IFSC) of Belize, which offers limited investor protection. For China traders, FxPro's FCA regulation is a significant advantage, as it ensures higher capital requirements and regular audits. However, both brokers must be accessed via offshore accounts, and traders should be aware that CSRC does not cover any disputes.
| Payment Method | FBS | FxPro |
|---|---|---|
| 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 business day |
For China traders, deposit and withdrawal flexibility is crucial. Both FBS and FxPro accept USDT (Tether) and international Bank Transfer. FBS also supports local Chinese payment methods like Alipay and WeChat Pay through third-party processors, making it easier for traders to fund accounts directly in CNY. FxPro focuses on wire transfers and e-wallets (Skrill, Neteller), which may involve longer processing times (1-3 business days) and higher bank fees. USDT deposits are instant and avoid bank delays, making them the preferred method for many offshore Chinese traders. Withdrawals at FBS are typically processed within 24 hours, while FxPro may take 1-2 business days. Both brokers have no deposit fees, but international wire transfers from Chinese banks may incur intermediary charges.
| Islamic Account Feature | FBS | FxPro |
|---|---|---|
| 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 FxPro offer Islamic (swap-free) accounts for Muslim traders in China, in compliance with Sharia law that prohibits earning or paying interest (riba). FBS provides swap-free accounts on Standard, Cent, and Zero Spread accounts, with no additional fees. FxPro offers Islamic accounts on its MT4, MT5, and cTrader platforms, but may charge a small administration fee after a holding period (e.g., 10 days). For China traders who require long-term holding of positions, FxPro's fee structure should be reviewed carefully. Both brokers require a simple request to activate the swap-free feature.
| Support Feature | FBS | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FBS |
Customer support for China traders is available in Mandarin at both brokers via live chat, email, and phone. FBS offers 24/7 live chat with fast response times (under 30 seconds), while FxPro provides 24/5 live chat with slightly longer wait times (1-2 minutes). FBS also has a dedicated Chinese website and WeChat support, which is convenient for local users. FxPro's support is more professional but less localized. For urgent issues, FBS's 24/7 availability is a plus for China traders in different time zones.
| Mobile Feature | FBS | FxPro | 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 | FxPro | 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 FxPro if you...
For China traders seeking offshore forex exposure, FxPro (4.1/5) is the superior choice due to its tighter spreads, stronger regulation (FCA), and faster execution. It is ideal for serious traders who prioritize cost efficiency and safety. FBS (3.7/5) is better for beginners or small-capital traders who need low minimum deposits, local payment methods (USDT, Alipay), and high leverage. However, FBS's weaker regulation (IFSC Belize) is a risk for larger accounts. Both brokers accept USDT and international Bank Transfer, but FBS offers more convenience for Chinese users. Given the CSRC's lack of oversight for offshore brokers, traders should choose based on their risk tolerance and trading style. For long-term reliability, FxPro wins; for flexibility and low entry, FBS may suffice.