Choosing the right broker can significantly impact your trading success. In this FBS Brokers Review, we’ll examine one of the fastest-growing brokers in the market today. Founded in 2009, FBS has expanded its services to over 190 countries with millions of traders using their platform. We’ll analyze their regulation, trading conditions, platforms, and more to help you determine if FBS is the right broker for your trading needs.
FBS Overview: History, Regulation and Reputation
FBS Markets Inc. was established in 2009 and has grown to become a significant player in the online trading industry. The company has expanded its global presence, now serving traders in over 190 countries worldwide with offices in multiple locations including Cyprus, Belize, and Australia.
FBS Regulation and Licensing
FBS operates through several entities, each regulated by different financial authorities:
| Entity | Country | Regulatory Body | License Number |
| FBS Markets Inc. | Belize | Financial Services Commission (FSC) | 000102/460 |
| Tradestone Ltd. | Cyprus | Cyprus Securities and Exchange Commission (CySEC) | 331/17 |
| Intelligent Financial Markets Pty Ltd. | Australia | Australian Securities and Investments Commission (ASIC) | ABN: 48 155 185 014 |
The regulatory oversight provides traders with various protections including segregated client funds, negative balance protection, and in the case of the European entity, access to the Investor Compensation Fund (ICF) of up to €20,000.
FBS Reputation and Awards
Over its years of operation, FBS has received numerous industry awards highlighting its services. The broker has built a reputation for competitive trading conditions, educational resources, and customer support. With a client base numbering in the millions, FBS has established itself as a trusted name in the online trading community.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.21% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FBS Account Types: Options for Every Trader
FBS offers a diverse range of account types designed to accommodate traders with different experience levels, trading styles, and investment capacities. Each account type has its own unique features, minimum deposit requirements, and trading conditions.
Standard Account
The Standard Account is FBS’s most popular option, suitable for traders of all experience levels. It offers a balanced set of features with reasonable minimum deposit requirements.
- Minimum deposit: $100
- Leverage: Up to 1:3000
- Spread: Floating from 0.5 pips
- Available platforms: MT4, MT5, FBS Trader
- Trading instruments: 36 forex pairs, 8 metals, 3 energies, 11 indices, 127 stocks, 5 crypto pairs
Cent Account
The Cent Account is perfect for beginners and those who want to test strategies with minimal risk. All operations are conducted in cents rather than dollars, allowing for smaller position sizes.
- Minimum deposit: $1
- Leverage: Up to 1:1000
- Spread: Floating from 1 pip
- Available platforms: MT4, MT5
- Trading instruments: Same as Standard Account
Islamic (Swap-Free) Account
FBS offers swap-free accounts that comply with Islamic law by not charging or paying interest on overnight positions.
- Available as a feature for most account types
- No overnight swap fees
- Compliant with Sharia law
- Same trading conditions as regular accounts
- Available upon request
Ready to Start Trading with FBS?
Choose from multiple account types tailored to your trading style and experience level. Get started with as little as $1.
FBS Trading Platforms: Tools for Success
FBS offers industry-standard trading platforms along with proprietary solutions to provide traders with powerful tools for market analysis and trade execution.
MetaTrader 4 (MT4)
MetaTrader 4 remains one of the most popular trading platforms in the forex industry, known for its reliability and extensive features.
- Advanced charting with 30+ built-in technical indicators
- Support for Expert Advisors (EAs) for automated trading
- One-click trading and trading from charts
- Available for Windows, Mac, Web, iOS, and Android
- 9 timeframes from 1-minute to monthly charts
- Market depth and customizable interface
MetaTrader 5 (MT5)
MetaTrader 5 is the next-generation platform offering enhanced features and capabilities compared to MT4.
- 38 built-in technical indicators and 44 analytical objects
- 21 timeframes for more detailed market analysis
- Advanced Economic Calendar integration
- Improved backtesting capabilities for EAs
- Market Depth (DOM) for better price visibility
- Available for Windows, Mac, Web, iOS, and Android
FBS Trader App
FBS Trader is the proprietary mobile trading application developed by FBS, designed to provide a user-friendly trading experience on mobile devices.
- Intuitive interface optimized for mobile trading
- Real-time quotes and charts with 90+ technical indicators
- One-click trading and order management
- Integrated economic calendar
- Account statistics and trade history
- Available for iOS and Android devices
Platform Comparison
| Feature | MT4 | MT5 | FBS Trader |
| Technical Indicators | 30+ | 38+ | 90+ |
| Timeframes | 9 | 21 | 7 |
| Automated Trading | Yes | Yes | No |
| Market Depth | Limited | Full | Basic |
| Mobile Version | Yes | Yes | Native |
Additional Trading Tools
VPS Hosting
FBS offers Virtual Private Server (VPS) hosting for traders using Expert Advisors, ensuring 24/7 operation without interruptions.
Economic Calendar
Stay informed about important economic events and releases that can impact the markets with the integrated economic calendar.
Trading Calculators
Access various calculators for margin, profit, pip value, and swap to help plan your trades more effectively.
Experience FBS Trading Platforms
Try out the powerful trading platforms offered by FBS with a free demo account. Practice your strategies without risking real money.
FBS Trading Conditions: Spreads, Leverage, and Commissions
Trading conditions are a crucial factor when choosing a broker. FBS offers competitive spreads, flexible leverage options, and transparent fee structures across its various account types.
Spreads and Commissions
| Instrument | Standard Account | Zero Spread Account | ECN Account |
| EUR/USD | From 0.7 pips | 0 pips + $20 commission | From -1 pip |
| GBP/USD | From 0.9 pips | 0 pips + $20 commission | From -1 pip |
| USD/JPY | From 1.0 pip | 0 pips + $20 commission | From -1 pip |
| Gold (XAU/USD) | From 38 cents | 0 pips + $20 commission | N/A |
| US30 (Dow Jones) | From 6.1 points | N/A | N/A |
Leverage Options
FBS offers flexible leverage options that vary depending on the account type, entity, and instrument being traded. The maximum leverage available can reach up to 1:3000 for forex pairs under the Belize-regulated entity.
| Asset Class | Maximum Leverage |
| Forex | 1:3000 |
| Metals | 1:500 |
| Indices | 1:200 |
| Energies | 1:200 |
| Stocks | 1:100 |
| Cryptocurrencies | 1:5 |
High Leverage Warning: While high leverage can amplify profits, it also significantly increases the risk of losses. Traders should use leverage cautiously and implement proper risk management strategies.
Swap Rates and Overnight Fees
When positions are held overnight, swap fees may apply. These fees represent the interest rate differential between the two currencies in a forex pair or the cost of carrying positions in other instruments.
| Instrument | Swap Long | Swap Short |
| EUR/USD | Charge of $5.46 | Credit of $0.61 |
| GBP/JPY | Credit of $7.60 | Charge of $35.39 |
Note: Swap rates are subject to change based on market conditions. The values above are for one standard lot (100,000 units) of the base currency.
Non-Trading Fees
FBS maintains a transparent fee structure with minimal non-trading fees:
- Deposit fees: None (payment processor fees may apply)
- Withdrawal fees: None (payment processor fees may apply)
- Inactivity fees: None
- Account maintenance fees: None
Deposit and Withdrawal Methods
FBS offers a wide range of payment methods for deposits and withdrawals, with over 200 options available globally. The broker does not charge fees for deposits or withdrawals, though third-party payment processors may apply their own fees.
Deposit Methods
| Method | Processing Time | FBS Fee | Minimum Deposit |
| Credit/Debit Cards (Visa, Mastercard) | Instant | 0% | $1 |
| Bank Wire Transfer | 1-2 business days | 0% | $1 |
| E-Wallets (Skrill, Neteller) | Instant | 0% | $1 |
| Cryptocurrencies | 15-20 minutes | 0% | $1 |
| Local Payment Methods | Varies | 0% | $1 |
Withdrawal Methods
| Method | Processing Time | FBS Fee | Third-Party Fees |
| Credit/Debit Cards (Visa, Mastercard) | 15-20 minutes (up to 3 days) | 0% | 0.5 EUR |
| Bank Wire Transfer | 15-20 minutes (up to 5 days) | 0% | Varies by bank |
| Skrill | 15-20 minutes | 0% | 1-2% + 0.29 EUR |
| Neteller | Instant | 0% | 2% (Min 1 – Max 30 USD) |
| Cryptocurrencies | 15-20 minutes | 0% | Network fees only |
Important Note: In accordance with anti-money laundering (AML) regulations, withdrawals must be made to the same payment method used for deposits. The name on the payment method must match the account holder’s name.
Tradable Instruments at FBS
FBS offers a diverse range of trading instruments across multiple asset classes, allowing traders to diversify their portfolios and take advantage of various market opportunities.
| Asset Class | Number of Instruments | Examples |
| Forex | 72 pairs | EUR/USD, GBP/USD, USD/JPY, EUR/GBP, USD/CAD, AUD/USD |
| Metals | 8 | Gold (XAU/USD), Silver (XAG/USD), Platinum, Palladium |
| Energies | 3 | Crude Oil (WTI), Brent Oil, Natural Gas |
| Indices | 11 | US30 (Dow Jones), S&P 500, NASDAQ, DAX 40, FTSE 100 |
| Stocks | 474 | Apple, Amazon, Tesla, Microsoft, Google, Facebook |
| Cryptocurrencies | 5 | Bitcoin, Ethereum, Litecoin, Ripple, Dash |
Note: All instruments are offered as Contracts for Difference (CFDs), which means traders speculate on price movements without owning the underlying asset. This allows for trading with leverage and the ability to go both long and short.
Educational Resources and Market Analysis
FBS provides comprehensive educational materials and market analysis tools to help traders develop their skills and make informed trading decisions.
Educational Materials
Forex Guidebook
A comprehensive guide to forex trading divided into chapters for traders of different experience levels:
- Beginner level: Introduction to forex markets and basic concepts
- Elementary level: Basic trading strategies and technical analysis
- Intermediate level: Advanced technical analysis and risk management
- Experienced level: Complex trading strategies and market psychology
Video Lessons and Webinars
Visual learning resources to help traders understand complex concepts:
- Platform tutorials for MT4, MT5, and FBS Trader
- Technical analysis techniques and chart patterns
- Trading strategy demonstrations
- Regular live webinars with professional traders
- Recorded sessions available for on-demand viewing
Trading Tips Blog
Regularly updated blog with useful posts covering various aspects of trading:
- Trading strategy explanations and examples
- Technical indicator guides
- Risk management techniques
- Trading psychology insights
- Market trend analysis
Glossary
Comprehensive glossary of forex and trading terms to help traders understand industry terminology:
- Technical analysis terms
- Trading platform terminology
- Market structure concepts
- Order types and execution methods
- Economic indicators and events
Market Analysis
Forex News
Regular updates on important market events and news that can impact trading decisions. Concise and focused on actionable information.
Daily Market Analysis
Short analytical articles on current market conditions, combining technical and fundamental analysis to identify potential trading opportunities.
Forex TV
Video content including weekly trading plans, market outlooks, and analysis of major economic events like Nonfarm Payrolls releases.
Enhance Your Trading Skills
Access FBS’s comprehensive educational resources and market analysis tools to improve your trading knowledge and decision-making.
Customer Support
FBS provides 24/7 customer support through multiple channels, ensuring that traders can get assistance whenever they need it. Support is available in multiple languages to accommodate the broker’s global client base.
Support Channels
- Live Chat: Available 24/7 directly from the FBS website and trading platforms
- Email Support: Send inquiries to [email protected]
- Phone Support: Available in multiple countries
- Social Media: Support via Facebook, Twitter, and Telegram
- Callback Request: Request a call from the support team
Supported Languages
- English
- Spanish
- Portuguese
- Indonesian
- Malay
- Thai
- Arabic
- Vietnamese
- Chinese
- Russian
- And more…
Support Quality
Based on user feedback and our testing, FBS customer support is generally responsive and helpful. Response times are typically quick, with live chat queries answered within minutes and email responses usually received within a few hours.
How to Open an Account with FBS: Step-by-Step Guide
Opening an account with FBS is a straightforward process that can be completed in just a few minutes. Follow these steps to get started with your FBS trading account.
Go to the official FBS website and click on the “Open Account” or “Sign Up” button.
Enter your basic information including name, email address, phone number, and create a password for your account.
Confirm your email address by clicking on the verification link sent to your inbox and enter the SMS code sent to your phone.
Once verified, you’ll gain access to your FBS Personal Area dashboard where you can manage your accounts and funds.
Select the account type that best suits your trading needs (Standard, Cent, Zero Spread, etc.).
Submit the required documents for KYC (Know Your Customer) verification:
- Proof of Identity (passport, ID card, or driver’s license)
- Proof of Residence (utility bill, bank statement, etc. not older than 6 months)
Fund your account using one of the available payment methods. The minimum deposit varies depending on the account type.
Install MetaTrader 4, MetaTrader 5, or the FBS Trader app on your device.
Enter your account credentials in the trading platform and begin your trading journey with FBS.
Ready to Start Trading with FBS?
Open your account in minutes and access global markets with competitive trading conditions.
FBS Pros and Cons
Based on our analysis and user feedback, here’s a summary of the advantages and disadvantages of trading with FBS.
Advantages of FBS
- 15+ years of operational experience in the market
- Regulated by multiple financial authorities
- Low minimum deposit requirements (starting from $1)
- Competitive spreads on major forex pairs
- High leverage options up to 1:3000
- No deposit or withdrawal fees
- Excellent educational resources and market analysis
- 24/7 customer support in multiple languages
- Multiple account types for different trading styles
- Support for popular trading platforms (MT4, MT5)
- User-friendly proprietary mobile app
Disadvantages of FBS
- Limited range of tradable instruments compared to some competitors
- No proprietary desktop trading platform
- Wider spreads on some CFDs (particularly indices)
- High leverage can be risky for inexperienced traders
- Mixed reviews on withdrawal processing times
- No copy trading platform of its own
- Limited third-party research tools
- Not available in some countries (US, UK, EU, etc.)
FBS vs Competitors: How Does It Compare?
To provide a comprehensive FBS Brokers Review, it’s important to compare it with other popular brokers in the market. Here’s how FBS stacks up against some of its main competitors.
FBS vs XM
| Feature | FBS | XM |
| Minimum Deposit | $1 (Cent Account) | $5 |
| Maximum Leverage | 1:3000 | 1:888 |
| EUR/USD Spread | From 0.7 pips | From 1.0 pip |
| Number of Instruments | 550+ | 1000+ |
| Platforms | MT4, MT5, FBS Trader | MT4, MT5, XM WebTrader |
| Copy Trading | MT4/MT5 Signals only | Yes |
FBS vs Exness
| Feature | FBS | Exness |
| Minimum Deposit | $1 (Cent Account) | $1 |
| Maximum Leverage | 1:3000 | 1:2000 |
| EUR/USD Spread | From 0.7 pips | From 0.3 pips |
| Number of Instruments | 550+ | 120+ |
| Platforms | MT4, MT5, FBS Trader | MT4, MT5, Exness Web Terminal |
| Withdrawal Speed | 15-20 minutes (up to 48 hours) | Instant for most methods |
FBS vs IC Markets
| Feature | FBS | IC Markets |
| Minimum Deposit | $1 (Cent Account) | $200 |
| Maximum Leverage | 1:3000 | 1:500 |
| EUR/USD Spread | From 0.7 pips | From 0.0 pips + $3.5 commission |
| Number of Instruments | 550+ | 2000+ |
| Platforms | MT4, MT5, FBS Trader | MT4, MT5, cTrader |
| Target Traders | Beginners to Advanced | Advanced, High-Volume |
Frequently Asked Questions about FBS
Is FBS a regulated broker?
Yes, FBS is regulated by multiple financial authorities including the Financial Services Commission (FSC) of Belize, the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). The level of protection varies depending on which entity you are registered with.
What is the minimum deposit required to open an account with FBS?
The minimum deposit at FBS varies depending on the account type. The Cent Account and Crypto Account have the lowest minimum deposit requirement of just
Frequently Asked Questions about FBS
Is FBS a regulated broker?
Yes, FBS is regulated by multiple financial authorities including the Financial Services Commission (FSC) of Belize, the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). The level of protection varies depending on which entity you are registered with.
What is the minimum deposit required to open an account with FBS?
The minimum deposit at FBS varies depending on the account type. The Cent Account and Crypto Account have the lowest minimum deposit requirement of just $1. The Micro Account requires $5, the Standard Account requires $100, the Pro Account requires $200, the Zero Spread Account requires $500, and the ECN Account requires $1000.
What trading platforms does FBS offer?
FBS offers the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for desktop, web, and mobile trading. Additionally, FBS provides its proprietary FBS Trader mobile app for iOS and Android devices.
What is the maximum leverage offered by FBS?
FBS offers leverage of up to 1:3000 for forex pairs under its Belize-regulated entity (FBS Markets Inc.). However, leverage is limited to 1:500 under the Australian entity (ASIC) and the Cyprus entity (CySEC). The actual leverage available varies by instrument type and account type.
Does FBS charge fees for deposits and withdrawals?
FBS does not charge fees for deposits or withdrawals. However, third-party payment processors may apply their own fees. For example, credit card withdrawals may incur a 0.5 EUR fee, and Skrill withdrawals may have a 1-2% + 0.29 EUR fee from the payment processor.
How long do withdrawals take at FBS?
Most withdrawals at FBS are processed within 15-20 minutes, though the actual time can vary depending on the payment method. Bank wire transfers can take up to 5 days for international transfers, while e-wallet withdrawals are typically faster. Credit card withdrawals can take up to 3 days.
Does FBS offer Islamic (swap-free) accounts?
Yes, FBS offers swap-free accounts that comply with Islamic law by not charging or paying interest on overnight positions. This feature can be requested for most account types and is available upon request.
Is FBS suitable for beginners?
Yes, FBS is suitable for beginners due to its low minimum deposit requirements, user-friendly platforms, and comprehensive educational resources. The Cent Account is particularly good for beginners as it allows trading with very small position sizes. However, beginners should be cautious with the high leverage offered and should start with a demo account to practice.
What customer support options does FBS provide?
FBS offers 24/7 customer support through multiple channels including live chat, email, phone, and social media. Support is available in multiple languages to accommodate the broker’s global client base.
In which countries is FBS not available?
FBS Markets Inc. does not offer financial services to residents of certain jurisdictions, including but not limited to the USA, the EU, the UK, Israel, the Islamic Republic of Iran, and Myanmar. The availability of services may vary depending on the regulatory entity.
What trading platforms does FBS offer?
FBS offers the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for desktop, web, and mobile trading. Additionally, FBS provides its proprietary FBS Trader mobile app for iOS and Android devices.
What is the maximum leverage offered by FBS?
FBS offers leverage of up to 1:3000 for forex pairs under its Belize-regulated entity (FBS Markets Inc.). However, leverage is limited to 1:500 under the Australian entity (ASIC) and the Cyprus entity (CySEC). The actual leverage available varies by instrument type and account type.
Does FBS charge fees for deposits and withdrawals?
FBS does not charge fees for deposits or withdrawals. However, third-party payment processors may apply their own fees. For example, credit card withdrawals may incur a 0.5 EUR fee, and Skrill withdrawals may have a 1-2% + 0.29 EUR fee from the payment processor.
How long do withdrawals take at FBS?
Most withdrawals at FBS are processed within 15-20 minutes, though the actual time can vary depending on the payment method. Bank wire transfers can take up to 5 days for international transfers, while e-wallet withdrawals are typically faster. Credit card withdrawals can take up to 3 days.
Does FBS offer Islamic (swap-free) accounts?
Yes, FBS offers swap-free accounts that comply with Islamic law by not charging or paying interest on overnight positions. This feature can be requested for most account types and is available upon request.
Is FBS suitable for beginners?
Yes, FBS is suitable for beginners due to its low minimum deposit requirements, user-friendly platforms, and comprehensive educational resources. The Cent Account is particularly good for beginners as it allows trading with very small position sizes. However, beginners should be cautious with the high leverage offered and should start with a demo account to practice.
What customer support options does FBS provide?
FBS offers 24/7 customer support through multiple channels including live chat, email, phone, and social media. Support is available in multiple languages to accommodate the broker’s global client base.
In which countries is FBS not available?
FBS Markets Inc. does not offer financial services to residents of certain jurisdictions, including but not limited to the USA, the EU, the UK, Israel, the Islamic Republic of Iran, and Myanmar. The availability of services may vary depending on the regulatory entity.
Conclusion: Is FBS the Right Broker for You?
After conducting this comprehensive FBS Brokers Review, we can conclude that FBS offers a solid trading experience with competitive conditions and a range of account types to suit different trading styles. The broker’s strengths include low minimum deposits, high leverage options, and excellent educational resources.
FBS stands out for its accessibility to beginners with low entry barriers while still offering advanced features for experienced traders. The multiple regulatory licenses provide a level of security, though traders should be aware of which entity they are registered with.
Who is FBS Best For?
Beginners
FBS is an excellent choice for beginners due to its low minimum deposit requirements, comprehensive educational resources, and user-friendly platforms. The Cent Account allows new traders to practice with minimal risk.
Scalpers
Scalpers can benefit from FBS’s fast order execution, competitive spreads on major pairs, and tools like depth-of-market (DOM) in MetaTrader 5. VPS hosting also aids scalpers with improved stability.
Automated Traders
Algorithmic traders will appreciate the support for Expert Advisors (EAs) in MetaTrader 4 and 5, along with VPS hosting options for uninterrupted operation of trading robots.
Day Traders
Day traders can take advantage of one-click trading, trading from charts, and a range of technical analysis tools. However, spreads on some instruments may be slightly elevated.
Swing Traders
With competitive overnight swap fees and a broad range of markets, FBS is viable for swing traders. However, the lack of real stocks and ETFs may be a limitation for some.
Long-term Investors
FBS lacks products ideal for long-term investing, such as real stocks, ETFs, bonds, and mutual funds. It also has limited tools and research for investors.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.21% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Ready to Start Trading with FBS?
Open an account today and experience the features and benefits highlighted in our FBS Brokers Review.
Or try a risk-free demo account first:
