FBS and Exness are popular forex brokers for Vietnamese traders, each offering unique benefits tailored to different trading needs. FBS is known for its low starting capital requirements, making it an excellent choice for beginners who want to get started with minimal investment. It also provides user-friendly tools, including educational resources and a demo account, helping new traders develop their skills. On the other hand, Exness is renowned for its tight spreads, fast execution, and high leverage, offering more flexibility and advanced features for experienced traders. Exness also supports a range of local payment methods, ensuring fast deposits and withdrawals.
Exness vs FBS Starting Capital
FBS allows traders to start with just $1 on its Cent account, making it ideal for beginners with limited funds. Exness requires a $10 minimum deposit for its Standard account, while its Raw Spread, Zero, and Pro accounts need higher deposits ($200-$1,000). The table below compares their starting capital requirements and key account features.
| Broker | Account Type | Minimum Deposit | Spreads | Commission | Leverage |
| FBS | Cent | $1 | 1.0-2.0 pips | None | Up to 1:1000 |
| FBS | Standard | $100 | 0.5-1.5 pips | None | Up to 1:3000 |
| FBS | ECN | $1,000 | From 0.0 pips | $6/lot/side | Up to 1:500 |
| Exness | Standard | $10 | 0.3-1.5 pips | None | Up to 1:2000 |
| Exness | Standard Cent | $10 | 0.3-2.0 pips | None | Up to 1:2000 |
| Exness | Raw Spread | $200 | 0.0-0.3 pips | $3.5/lot/side | Up to 1:2000 |
| Exness | Zero | $1,000 | 0.0 pips | $3.5/lot/side | Up to 1:2000 |
| Exness | Pro | $200 | 0.1-0.6 pips | None | Up to 1:2000 |
FBS’s $1 Cent account is perfect for new traders with small budgets, while Exness’s Standard and Standard Cent accounts offer low entry points with tighter spreads. For advanced traders, Exness’s Raw Spread or Pro accounts provide better cost efficiency, but FBS’s ECN account suits high-volume traders despite its higher deposit. Test accounts via demo to match your budget and trading style.
Account Opening Process
Both brokers make account opening quick and simple, with online registration completed in minutes. Verification is required to trade and withdraw funds, but the process differs slightly.
Verification Requirements
FBS and Exness require identity and address verification to comply with regulations. FBS often processes documents faster, while Exness may request additional details for certain accounts.
- FBS: ID (passport or national ID), proof of address (utility bill or bank statement), selfie with ID.
- Exness: ID (passport or national ID), proof of address, and sometimes a bank card photo.
Submit clear, valid documents to avoid delays. FBS’s faster verification suits traders eager to start, while Exness’s thorough checks ensure security. Verify requirements on each broker’s website before signing up.
Educational Resources
FBS excels in educational content, offering free webinars, video tutorials, and forex guides tailored for beginners in Vietnamese. Exness provides an economic calendar, market news, and basic tutorials, but its focus is more on trading tools than extensive learning materials. FBS is better for new traders seeking structured education, while Exness suits those who prefer self-directed learning with market updates.
Demo Account Features
Both brokers offer demo accounts to practice trading without risk. FBS’s demo mimics its Cent and Standard accounts, while Exness provides demos for all account types, including Raw Spread and Zero.
- FBS: $10,000 virtual balance, MT4/MT5 platforms, all instruments available.
- Exness: Customizable virtual balance, MT4/MT5/Exness Terminal, real market conditions.
FBS’s demo is simple for beginners, while Exness’s flexibility suits traders testing advanced strategies. Use demos to practice trading XAUUSD or forex pairs before risking real money.
Platform Simplicity
Both brokers use MetaTrader 4 and 5, known for their reliability and ease of use. Exness also offers its proprietary Exness Terminal, designed for fast execution. FBS’s platforms are straightforward, making them ideal for new traders.
Mobile Trading Apps
FBS and Exness provide mobile apps for trading on the go, supporting Android and iOS. Both apps offer real-time quotes, charting, and trade management, but Exness’s app includes more advanced features.
- FBS: FBS Trader app, MT4/MT5 mobile, simple interface, basic charting.
- Exness: Exness Trade app, MT4/MT5 mobile, advanced charting, fast execution.
FBS’s app is user-friendly for beginners, while Exness’s app suits traders needing robust tools. Download both apps to test usability and ensure compatibility with your device.
Customer Support Quality
FBS offers 24/7 support via live chat, email, and phone, with Vietnamese-speaking agents and quick responses, ideal for beginners needing guidance. Exness provides 24/7 support with local language options, but response times can vary during peak hours. Test support channels via demo accounts to gauge responsiveness before trading live.
First Trading Steps
Start by opening a demo account with FBS or Exness to practice trading forex or gold (XAUUSD). Use FBS’s educational resources to learn basics or Exness’s economic calendar for market insights. Begin with small trades on a Cent (FBS) or Standard (Exness) account, set stop-loss orders, and monitor trades daily to build confidence and refine your strategy.
