F
FBS
3.9 / 5Score: 3 / 4
Commission-free trading with leverage up to 1:3000 across six asset classes.
- Min deposit
- $1
- Max leverage
- 1:3000
- Spread from
- 0 pips
- Regulators
- CySEC, ASIC, FSCA
Reviewed by Experts Updated 10/9/2026
FBS vs KGI Securities: Which Broker Wins in 2026?
FBS and KGI Securities serve very different types of traders, but only one delivers the complete package for most retail investors in 2026. Our independent research scores FBS at 3.9/5, well ahead of KGI Securities's 3.3/5. Here's the full breakdown of fees, regulation, platforms, and more.
KS
KGI Securities
3.3 / 5Score: 1 / 4
A legacy Taiwanese brokerage offering zero minimum deposit for cautious first-time investors.
- Min deposit
- $0
- Max leverage
- 1:5
- Spread from
- 0 pips
- Regulators
- FSC, MAS
Our #1 Pick Right Now: AvaTrade
Same category, top-tier regulation, and it's currently accepting new traders.
See What Makes It Different Overall Winner
FBS
Best for Beginners
KGI Securities
Lowest Fees
FBS
Top Regulation
FBS
Side-by-side comparison
Core features compared head-to-head.
| Feature | F FBS | KS KGI Securities |
|---|---|---|
| Overview | ||
| Rating | 3.9 / 5 | 3.3 / 5 |
| Founded | 2009 | 1988 |
| Headquarters | Limassol, Cyprus | Taipei, Taiwan |
| Regulation | CySEC, ASIC, FSCA | FSC, MAS |
| Fees & Limits | ||
| Min Deposit | $1 | $0 |
| Spreads From | 0 pips | 0 pips |
| Commission | None | $0.08/lot |
| Max Leverage | 1:3000 | 1:5 |
| Platforms & Markets | ||
| Trading Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
| Markets Offered | Forex, Cfd, Stocks, Indices, Commodities, Crypto | Stocks, Etf, Indices, Forex |
Trading & non-trading fees
Min Deposit
FBS
$1
KGI Securities
$0
Spreads From
FBS
0 pips
KGI Securities
0 pips
Commission
FBS
None
KGI Securities
$0.08/lot
Deposit Fees
FBS
None
KGI Securities
None
Withdrawal Fees
FBS
None
KGI Securities
None
Pros & cons
F
FBS
Pros
- Higher overall rating of 3.9/5 on our independent scale
- No per-trade commission on standard trading
- Industry-leading leverage up to 1:3000
- Regulated across three separate jurisdictions
- Extremely low $1 minimum deposit
- Broad market access spanning forex, stocks, crypto, and commodities
- Full MT4/MT5 compatibility for automated strategies
Cons
- High leverage up to 1:3000 can amplify losses for inexperienced traders
- Lacks the long institutional track record of older brokerage houses
- Proprietary platform offering is mobile-only, not desktop-based
- Crypto and CFD availability may be restricted in certain regions
KS
KGI Securities
Pros
- No minimum deposit required to open an account
- Long-established history dating back to 1988
- Regulated by respected FSC and MAS authorities
- No deposit or withdrawal fees charged
- Simple proprietary platforms suited to beginners
Cons
- Lower overall rating of 3.3/5 on our independent scale
- Leverage capped at just 1:5, limiting capital efficiency
- Charges $0.08 per lot commission on top of spreads
- No MetaTrader 4 or MetaTrader 5 support
- Narrower market range compared to multi-asset competitors
Our expert verdict
Editor's verdict
Overall winner FBS
Lowest fees FBS
Best regulation FBS
Better for beginners KGI Securities
FBS is the stronger all-around broker, earning a 3.9/5 on our proprietary rating scale versus 3.3/5 for KGI Securities. FBS wins on fees, leverage, regulatory breadth, and overall accessibility with its $1 minimum deposit. KGI Securities remains a legitimate, long-standing option for beginners who want to start with zero capital, but it falls short on leverage flexibility and platform variety compared to FBS.
Regulation & Safety
FBS holds licences from three separate regulators — CySEC, ASIC, and FSCA — giving it broader tier-1 oversight across multiple jurisdictions. This multi-licence structure typically means stricter capital adequacy requirements and segregated client funds across several regions.
KGI Securities is regulated by the FSC and MAS, both respected authorities, and the firm's history dating back to 1988 adds a layer of institutional credibility. However, having fewer licences means less regulatory redundancy if one jurisdiction changes its framework.
Both brokers can be considered safe for retail trading, but FBS's broader regulatory footprint gives it the edge for traders who prioritize jurisdictional diversification and oversight depth.
Fees, Spreads & Commissions
Both brokers advertise spreads starting from 0 pips, so on paper the headline spread figures look identical. The real differentiator is commission structure: FBS charges no per-trade commission at all, while KGI Securities applies a $0.08 per lot commission on top of its spreads.
Neither broker charges deposit or withdrawal fees, which is a welcome consistency for cost-conscious traders on both sides.
For high-frequency or high-volume traders, FBS's commission-free model will likely result in meaningfully lower total trading costs over time, especially once lot sizes scale up.
Account Accessibility & Minimum Deposit
KGI Securities has a clear advantage here with a $0 minimum deposit requirement, making it exceptionally easy for beginners or cautious traders to open an account without committing capital upfront.
FBS requires just $1 to get started, which is still an extremely low barrier to entry by industry standards and unlikely to deter most new traders.
While KGI Securities technically wins on this metric, the practical difference between $0 and $1 is negligible for the vast majority of traders evaluating their options.
Leverage & Trading Conditions
FBS offers leverage up to 1:3000, catering to aggressive traders who want maximum capital efficiency, particularly in forex and CFD markets. This is an exceptionally high ceiling even by offshore broker standards.
KGI Securities caps leverage at 1:5, reflecting its more conservative, stock-and-ETF-oriented business model rooted in traditional securities brokerage.
Traders seeking flexibility to size positions aggressively will find FBS far more accommodating, while KGI Securities suits a more measured, lower-leverage approach to investing.
Trading Platforms & Market Access
FBS supports the industry-standard MetaTrader 4 and MetaTrader 5 platforms alongside its own proprietary mobile app, giving traders access to a vast ecosystem of expert advisors, indicators, and automated strategies.
KGI Securities relies on a proprietary web platform and proprietary mobile app, which may feel more limited to traders accustomed to MT4/MT5's customization depth.
On market range, FBS covers forex, CFDs, stocks, indices, commodities, and crypto, while KGI Securities focuses on stocks, ETFs, indices, and forex — making FBS the more versatile choice for multi-asset traders.
Our Verdict
FBS earns our recommendation as the stronger overall broker, scoring 3.9/5 against KGI Securities's 3.3/5 on our independent rating system. It wins decisively on fees, leverage, platform variety, and regulatory breadth.
KGI Securities still holds appeal for absolute beginners thanks to its $0 minimum deposit and long operating history since 1988, but its limited leverage and narrower platform offering hold it back from competing broadly.
For most traders — particularly those interested in forex, CFDs, or multi-asset trading — FBS presents the more complete and cost-efficient package in 2026.
Verdict summary
The bottom line — category winners and our final pick based on ratings.
Editor's verdict
FBS wins overall
FBS edges out KGI Securities overall based on our expert rating score.
F
Highest Rated
FBS
3.9 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (3.9/5).
FBSBetter for beginners
Stronger onboarding and educational resources.
KGI SecuritiesLower trading costs
More competitive spreads and baseline commissions.
FBSStronger regulation
Higher trust based on tier-1 regulatory oversight.
FBS
Frequently asked questions
Based on our independent rating system, FBS scores higher at 3.9/5 compared to KGI Securities's 3.3/5. FBS leads in fees, leverage, and regulatory breadth, though the right choice still depends on your individual trading style and goals as outlined in the full verdict above.
Both brokers advertise spreads starting from 0 pips, but FBS charges no per-trade commission while KGI Securities applies a $0.08 per lot commission. For most active traders, FBS works out cheaper over time due to this commission-free structure.
FBS requires a minimum deposit of just $1, while KGI Securities requires no minimum deposit at all. Both are extremely accessible for new traders working with limited starting capital.
FBS is regulated by three authorities — CySEC, ASIC, and FSCA — while KGI Securities operates under FSC and MAS licensing. FBS's broader regulatory spread gives it a slight edge in our safety assessment.
FBS supports MetaTrader 4, MetaTrader 5, and a proprietary mobile app, offering access to automated trading tools and expert advisors. KGI Securities instead offers a proprietary web platform and proprietary mobile app without MT4/MT5 support.
Yes, both brokers are suitable for beginners, though KGI Securities's $0 minimum deposit and low 1:5 leverage make it especially approachable for first-time investors who prefer a conservative setup over high-leverage forex trading.
FBS covers a wider range of markets including forex, CFDs, stocks, indices, commodities, and crypto. KGI Securities focuses more narrowly on stocks, ETFs, indices, and forex, making it better suited to traditional equity investors.
Neither FBS nor KGI Securities charges deposit or withdrawal fees, making both brokers equally transparent when it comes to moving funds in and out of your trading account.
Yes, nothing prevents you from maintaining accounts with both brokers simultaneously. Many traders split capital across platforms to access FBS's high-leverage forex and crypto offerings alongside KGI Securities's traditional stock and ETF markets.
Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.