ForexBY vs FXPN

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

Safer pick ForexBY leads on safety — winning 2 of 2 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.

F ForexBY Forex

25/100 risk

Belarus

Read review →

F FXPN Forex

26/100 risk

Belarus

Read review →

Safety & Trust

Scam-risk scoreⓘ lower = safer

✓25

26

Verdict

Guarded

Guarded

Regulatedⓘ

Yes

Yes

Licenses

1

1

Tier-1 regulatorsⓘ

0

0

Trustpilot score

—

—

Reviews collected

—

—

Exit riskⓘ lower = safer

—

—

Known clonesⓘ

✓1

6

Regulator warnings

0

0

Cost & Accounts

Min deposit lower = easier to start

$500

✓$200

Max leverage

1:200

1:100

Min spread (best acct)

✓from 0

from 0.7

Commission

$6

✓$0.35

Cost grade

—

—

Account types

✓4

3

Best for

Suits

Belarus-based traders seeking a locally regulated broker, Traders with a minimum deposit of $500 or more, Investors interested in Russian stock CFDs

Belarus-based traders seeking a locally regulated broker, Traders comfortable with NBRB regulation, Investors with high capital for Platinum accounts

Not for

Traders with small trading capital, Residents of countries restricted by the broker, Those seeking high leverage above 1:200

Traders seeking a globally recognized regulatory framework (e.g., FCA, CySEC), Traders requiring ultra-low spreads or ECN execution, Traders who prefer common platforms like MetaTrader

Products & Funding

Instruments

Foreign Exchange, Precious Metals, Spot, Stock and Index CFDs + Russian Stock CFDs, Cryptocurrency Futures

foreign currencies, precious metals, securities, oil, futures contracts, stock index values

Deposit methods

Bank, cards

--

Withdrawal

Bank, cards

--

Execution

Speed

—

—

Slippage

—

—

Swap cost

—

—

Company

Founded

2020-11-19

2020-06-10

Headquarters

Belarus

Belarus

Employees

0

0

✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.

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