XM vs FBS
Deposit bonus comparison · Reviewed by Tim Morris · 28 July 2026
| XM | FBS | |
|---|---|---|
| Our rating | 8/10 | 7.5/10 |
| Regulation | XM Global Limited — Belize FSC (000261/158) | FBS Markets Inc. — Belize FSC (IFSC/60/230/TS/18) |
| Founded | 2009 | 2009 |
| Min deposit | $5 | $5 |
| Best bonus | 100% up to $500 + 20% up to $10,000 (total $10,500) | 100% Deposit Bonus on first deposit (10%–60% tiered on later deposits over $100) |
| Withdrawable cash | No (credit) | Yes |
| Cashback / IB | Yes | Yes |
Which should you choose?
- •XM scores higher in our vetting (8/10 vs 7.5/10).
- •FBS offers at least one withdrawable cash bonus; the other's headline bonus is tradable credit.
Both brokers also support cashback / IB rebates — recurring, withdrawable value that often beats a one-time bonus. How cashback works →
XM bonuses
100% up to $500 + 20% up to $10,000 (total $10,500)
The bonus itself isn’t withdrawable — you trade with it and keep the profits you make.
- Min deposit
- $5
- Time limit
- Redeemable once; bonus removed proportionally on withdrawal
Verified 2026-06-21 · figures from the Broker & Bonus Matrix
$30 No Deposit Bonus
The bonus itself isn’t withdrawable — you trade with it and keep the profits you make.
- Time limit
- Claim within 30 days of opening the trading account
Verified 2026-06-21 · figures from the Broker & Bonus Matrix
FBS bonuses
100% Deposit Bonus on first deposit (10%–60% tiered on later deposits over $100)
The bonus itself isn’t withdrawable — you trade with it and keep the profits you make.
- Time limit
- Expires 28 days after last deposit or trading activity
Verified 2026-06-21 · figures from the Broker & Bonus Matrix
cashback bonus
"Guaranteed Bonus" (FBS’s offer name) up to $5000 — tiered: $100 + 2 lots = $10; $500 + 10 lots = $50; $10,000 + 1,000 lots = $500; $100,000 + 10,000 lots = $5000
- Min deposit
- $100
- Time limit
- 30 days from registration
Verified 2026-06-21 · figures from the Broker & Bonus Matrix
Frequently asked questions
› Is XM or FBS better for a deposit bonus?
XM scores higher in our vetting (8/10 vs 7.5/10). But "better" depends on which bonus you can realistically clear and withdraw, and which broker accepts your country — compare the verified terms above and run them through our calculator.
› Which has the bigger bonus, XM or FBS?
XM: 100% up to $500 + 20% up to $10,000 (total $10,500). FBS: 100% Deposit Bonus on first deposit (10%–60% tiered on later deposits over $100). Remember a bigger headline usually means a bigger turnover requirement — the real value is what survives it.
› Are XM and FBS regulated?
XM: XM Global Limited — Belize FSC (000261/158); Trading Point — CySEC (EU; no bonuses); Trading Point — ASIC (AU); Trading Point — FCA (UK); Trading Point MENA — DFSA (Dubai). FBS: FBS Markets Inc. — Belize FSC (IFSC/60/230/TS/18); CySEC (Cyprus) entity; ASIC (Australia) entity. Bonuses are offered via offshore entities; EU/UK/AU/US retail clients can't claim them.