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FBS Alternative: Why Traders Switch to LHFX

A fixed US$3 per side commission shown on every ticket, STP/ECN execution on MT5, and a published withdrawal time: typically under 20 minutes.

Every FBS figure on this page is checked against FBS's own website, including the places where FBS comes out ahead.

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LHFX or FBS: the short answer

LHFX's case against FBS is transparency. LHFX publishes a live average for automatically approved withdrawals, which typically complete in under 20 minutes; FBS says instant withdrawals are available but publishes no time. LHFX runs STP/ECN execution and shows its US$3 per side commission separately from the spread on every ticket; FBS prices its Standard account through spreads from 0.7 pips and does not name its execution model on the page we checked. FBS is ahead on leverage (up to 1:3000), entry ($5), range (550+ instruments) and, at its advertised minimum spread, EUR/USD cost: a 1-lot round trip from US$7 at FBS against about US$12 at LHFX. FBS's ECN and Zero Spread accounts are no longer listed on fbs.com, so its Standard account is the one to compare.

Where LHFX is ahead of FBS

  • 8 min

    Average time for an automatically approved LHFX withdrawal over the last 7 days

    FBS: instant withdrawals available (FBS's wording); no withdrawal time published

  • STP/ECN

    LHFX execution, with the US$3 per side commission shown separately on every ticket

    FBS: no commission on Standard, with its cost inside spreads from 0.7 pips; the page we checked does not name its execution model

Quick Comparison

LHFX vs FBS at a glance.

LHFX vs FBS: commission, minimum deposit, spreads, leverage, platforms, instruments, execution, regulation, withdrawal speed and swap-free accounts
FeatureLHFXFBS
Commission$3 per side ($6/lot)No commission (Standard account)
Minimum Deposit$10$5 (varies by payment method)
SpreadsFloating; EUR/USD typically 0.6 pipsFloating from 0.7 pips
LeverageUp to 1:500Up to 1:3000
PlatformsMT5, LHFX TradeMT4, MT5, FBS app
Instruments144550+
ExecutionSTP/ECNMarket prices with no requotes (FBS's wording)
RegulationFSCA (FSP 52816), FSC Mauritius (GB23202204); client agreement with LHFX International Ltd (Anjouan)FSC Belize (FBS Markets Inc., licence 000102/31)
Withdrawal SpeedAutomatically approved withdrawals averaged 8 minutes over the last 7 daysInstant withdrawals available (FBS's wording)
Islamic AccountYes, swap-free with holding fee after grace periodYes, swap-free available

FBS figures checked on September 30, 2026 against the broker's own website. They apply to FBS Markets Inc., which runs fbs.com under FSC Belize licence 000102/31. Terms differ by country and entity, so confirm them with FBS before you open an account.

What 1 lot costs at LHFX and FBS

Two worked examples, each 1 standard lot opened and closed. LHFX's column uses its fixed commission and its typical spread from its own quotes. FBS's column uses what fbs.com publishes for its Standard account.

EUR/USD, 1 standard lot (100,000 EUR), opened and closed
CostLHFXStandard accountFBSStandard
Commission, round tripUS$6.00None
Spread0.6 pips (LHFX typical)From 0.7 pips (FBS's advertised minimum)
Spread costUS$6.00From US$7.00
Round-trip totalAbout US$12.00From US$7.00
Gold (XAU/USD), 1 standard lot (100 oz), opened and closed
CostLHFXStandard accountFBSStandard
Commission, round tripUS$6.00None
SpreadUS$0.37 per ounce (LHFX typical)Not published
Spread costUS$37.00Not published
Round-trip totalAbout US$43.00Not published

At its advertised minimum of 0.7 pips, FBS's EUR/USD round trip costs US$7, below LHFX's typical US$12. FBS does not publish a typical spread, so the real gap depends on the spread it quotes when you trade. At LHFX, US$6 of the cost is a fixed commission shown on every ticket, and the EUR/USD spread is usually 0.6 pips. LHFX's advantages against FBS are a published withdrawal time and STP/ECN execution, not a lower EUR/USD cost.

How we worked this out: LHFX commission is US$3 per side on every instrument. LHFX spreads are the medians of LHFX's own live EUR/USD and gold quotes on weekdays from August 31, 2026 to September 30, 2026. Spreads float, so your own trade can cost more or less. One pip on 1 lot of EUR/USD is worth US$10, and a US$0.01 move on 1 lot of gold is worth US$1. Competitor figures are the ones each broker publishes; where a broker publishes only a minimum spread, the total is marked 'from'. Swaps and overnight fees are not included.

Where LHFX Wins

The areas where LHFX offers a clear advantage over FBS.

01

A Withdrawal Time You Can Check

Automatically approved LHFX withdrawals typically complete in under 20 minutes, and LHFX publishes the live 7-day average. FBS says instant withdrawals are available but does not publish a withdrawal time.

02

No Dealing Desk

STP/ECN execution with no requotes on every account. Hedging and scalping are allowed without restrictions. No strategy limitations of any kind.

03

A Commission You Can See

LHFX charges $6 per lot round trip ($3 per side) and shows it on every ticket. FBS charges no commission and prices its Standard account through spreads from 0.7 pips, so its cost sits inside the spread.

Where FBS Wins

FBS has genuine strengths. Here is where they come out ahead.

Higher Leverage

Up to 1:3000 vs 1:500 at LHFX. FBS offers some of the highest leverage in the industry. For traders who want maximum position sizing, FBS goes 6x higher.

More Instruments

550+ instruments vs 144 at LHFX. FBS covers forex, stocks, indices, commodities, and crypto with a much wider selection across all asset classes.

Lower Minimum Deposit

$5 at FBS vs $10 at LHFX. FBS says the minimum can vary by payment system.

200+ Payment Methods

FBS lists more than 200 deposit and withdrawal methods and says it charges no commission on them. LHFX covers crypto, cards and local payment rails in selected countries.

Deposits and withdrawals

FBS starts at $5 and LHFX at $10. Automatically approved withdrawals averaged 8 minutes over the last 7 days. FBS lists 200+ deposit and withdrawal methods and says instant withdrawals are available, with no commission charged by FBS.

LHFX takes deposits in crypto, by card and through local payment rails in selected countries, and charges no deposit or withdrawal fees. The withdrawal figure in this section comes from LHFX's own live data, the same source as the LHFX homepage.

FBS's help centre says its $5 minimum can vary by payment system. Neither broker can guarantee when funds arrive, because the payment network sets part of the timing.

Regulation and legal entity

LHFX trading accounts sit under a client agreement with LHFX International Ltd, licensed in Anjouan (AOFA licence L16408/LIL). fbs.com is operated by FBS Markets Inc., registered with the FSC of Belize under licence 000102/31.

The LHFX group also includes LHFX SA (PTY) Ltd, an authorised financial services provider with South Africa's FSCA (FSP 52816), and Longhorn Ltd, which operates the LHFX website under FSC Mauritius licence GB23202204. Your client agreement names the entity your account sits under.

FBS Markets Inc. says it does not offer services to residents of certain jurisdictions, including the EU, the UK, Israel, India, Iran and Myanmar.

Platforms

LHFX runs on MetaTrader 5 only. FBS offers MT4, MT5 and its own FBS app.

MT5 supports Expert Advisors written in MQL5, 21 chart timeframes, depth of market and a built-in economic calendar, and it runs on Windows, macOS, iOS, Android and in the browser.

FBS's MT5 and LHFX's MT5 are the same terminal, so EAs, indicators and templates carry over. FBS's app combines trading with deposits and withdrawals; at LHFX you fund through the client area and trade in MT5.

Swap-free accounts and other fees

Both brokers offer a swap-free option, and neither charges its own deposit or withdrawal fees.

At LHFX, Islamic (swap-free) accounts pay US$3.50 per side instead of US$3.00 and a holding fee on positions kept open beyond the grace period. A $10 monthly inactivity fee applies only after an extended period of dormancy. Both are published on the LHFX spreads and fees page.

FBS lists a swap-free option on its Standard account, with a 40% margin call, a 20% stop out and negative balance protection.

Which broker suits you?

Choose FBS if you want leverage above 1:500, a $5 start, commission-free pricing on one account, or a lower EUR/USD cost at its advertised minimum spread. Choose LHFX if you would rather pay a fixed $3 per side and see it on every trade, want STP/ECN execution on MT5, or want withdrawals measured in minutes.

Who Should Choose LHFX

  • Traders who want a fixed commission ($3 per side) instead of costs built into the spread
  • Traders who want STP/ECN execution from a $10 deposit
  • Traders starting with small accounts ($10 minimum)
  • Traders who want withdrawals tracked in minutes
  • Traders who value a modern proprietary web platform
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Who Should Stick with FBS

  • Traders who need leverage above 1:500 (FBS offers up to 1:3000)
  • Traders who want 550+ instruments across all asset classes
  • Traders who want to start with $5
  • Traders who want 200+ local payment methods

Making the Switch

Moving from FBS to LHFX takes minutes, not days.

1

Open an LHFX Account

$10 minimum deposit. Registration takes about 2 minutes.

2

Verify Your Identity

Upload a government-issued ID. Most verifications complete within a few hours.

3

Fund and Start Trading

Deposit via crypto or card and place your first trade on MT5 or LHFX Trade.

Switching from FBS to LHFX

Open an LHFX account alongside your FBS account rather than closing it first. Practise on the LHFX demo with your usual symbols and EAs, then fund with $10 or more once pricing and execution match what you expect. Open positions cannot move between brokers, so close your FBS trades or let them run their course before you withdraw.

Frequently Asked Questions

Is LHFX cheaper than FBS?

Not at FBS's advertised minimum spread. FBS charges no commission and quotes floating spreads from 0.7 pips, so a 1-lot EUR/USD round trip at FBS costs from $7. LHFX charges $6 commission plus the spread, which on EUR/USD was typically 0.6 pips ($6) in September 2026, about $12 in total. FBS does not publish a typical spread, so compare both brokers' live EUR/USD spread before you decide. Where LHFX is ahead is a withdrawal time it measures and publishes (typically under 20 minutes), STP/ECN execution, and a commission you can see on every ticket.

Does LHFX offer leverage as high as FBS?

No. LHFX offers up to 1:500 leverage, while FBS offers up to 1:3000. If you specifically need leverage above 1:500, FBS goes much higher. However, 1:500 is sufficient for most trading strategies and carries less risk of rapid account liquidation.

Is LHFX regulated?

Yes. LHFX is regulated by the Financial Services Commission (FSC) of Mauritius under license GB23202204 and the Financial Sector Conduct Authority (FSCA) of South Africa under license 52816. Your client agreement and trading account are with LHFX International Ltd, licensed by the Anjouan Offshore Finance Authority (licence L16408/LIL).

How fast are withdrawals at LHFX vs FBS?

Most LHFX withdrawals are approved automatically and typically complete in under 20 minutes. FBS says instant withdrawals are available and lists 200+ deposit and withdrawal methods, but it does not publish a crypto withdrawal time.

Does LHFX allow scalping and hedging?

Yes. Both scalping and hedging are fully allowed at LHFX with no restrictions. Expert Advisors are also supported. There are no strategy limitations on the LHFX STP/ECN account.

Does FBS still offer ECN and Zero Spread accounts?

Not on fbs.com as of September 2026. FBS Markets Inc. publishes conditions for one Standard account: no commission, floating spreads from 0.7 pips, leverage up to 1:3000 and a $5 minimum deposit. LHFX's single account charges $3 per side with STP/ECN execution from $10.

Learn more:LHFX vs Eightcap·LHFX vs eToro·LHFX vs Exness·LHFX vs Fibo Group·LHFX vs FirewoodFX·LHFX vs Forex.com·Account Types·Spreads & Fees·ECN Execution·Leverage·Demo Account·Deposit & Withdrawal·Security & Official Channels·LHFX vs XM

Ready to Try LHFX?

$10 minimum deposit. US$3 per side commission on every instrument. MetaTrader 5. Automatic withdrawals typically under 20 minutes.

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