FBK MARKETS vs MT.COOK
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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Safer pick MT.COOK leads on safety — winning 2 of 3
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
53
✓34
Verdict
Elevated
Guarded
Regulatedⓘ
Yes
Yes
Licenses
1
1
Tier-1 regulatorsⓘ
0
0
Trustpilot score
1.7
✓2.2
Reviews collected
✓79
40
Exit riskⓘ lower = safer
—
Severe
Known clonesⓘ
0
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
✓$20
$500
Max leverage
$0-$1000 - 1:1000 $1001-$2000 - 1:500 $2001-$5000 - 1:300 $5001-$10000 - 1:200 $10001-$Unlimited - 1:100
1:200
Min spread (best acct)
from 0.5
—
Commission
✓$0
$5.5
Cost grade
—
—
Account types
✓5
4
Best for
Suits
Micro account traders who prioritize low initial deposit, South African residents using Skrill deposits
Experienced traders with large capital seeking STP execution, Traders who value personal account managers and responsive support, Traders using MetaTrader4 and algorithmic strategies
Not for
Traders who rely on timely and reliable withdrawals, Profit-focused traders concerned about account termination, Traders seeking a strongly regulated broker with proven oversight
Risk-averse traders concerned about Ponzi allegations, Traders expecting low or no deposit/withdrawal fees, Traders seeking full regulatory protection under FSCA
Products & Funding
Instruments
--
Spot FX, Metals, CFD Indicies, Commodities, Crypto
Deposit methods
Skrill
VISA, Neteller, MASTER, PerfectMoney
Withdrawal
--
--
Execution
Speed
—
—
Slippage
—
—
Swap cost
—
—
Company
Founded
2021-12-17
2018-11-12
Headquarters
🇿🇦 South Africa
🇿🇦 South Africa
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.