Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

FBS Review

4.31
128 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

FBS general information

Founded in: 2009 year
Headquarters:
Belize
Minimum Deposit: 1 $
Website: www.fbs.com
Website languages:
English, Arab, Bengal, Vietnamese, Indonesian, Spanish, Chinese, Korean, Lithuanian, Malay, Portuguese, Russian, Thai
Execution model:
ECN, STP
Deposit currency: USD, EUR
Support languages:
English, Arab, Vietnamese, Indonesian, Chinese, Malay, Russian
Regulated by:
FSC Belize (Belize)
NAFD (Russia)
Mobile trading: iOS, Android
Affiliate program: Not

FBS Forex broker description

Pros

  • Variable leverage options up to 3000:1 for most account types allow traders to maximize their trading potential.

  • Low minimum deposit requirement, with some account types requiring just $1 to start trading.

  • Multiple funding options with no deposit fees or commissions charged by FBS.

  • A wide range of trading accounts is available to suit different traders’ needs.

  • 24/7 multilingual customer support is available via phone, email, and live chat.

Cons

  • Limited regulatory oversight, with the Belizean regulatory body only providing basic regulatory oversight.

  • Withdrawal times can be slow for certain payment methods, with bank wire transfers taking up to 5-7 business days to process.

  • FBS Pro account requires a minimum deposit of $1000, which may be too high for some traders.



Unique Selling Points

1. Best for Low Deposit Trading

2. Multiple promos and bonuses: With a minimum deposit of USD 100, traders can join the FBS Trader Parties and win amazing prizes, such as MacBook Pro, iPad Pro, and more. Also, the more active you are in your Account, the higher your chances of benefiting from the Loyalty Program of the brokerage platform.

3. Juicy Cashback and Affiliate offers: FBS offers traders Cashback rewards at every level for every order placed. The platform also offers up to 20% spreads for trading in assets profitably. The Referral Program of FBS is an opportunity for members to earn rewards by inviting more users to the platform. For every friend invited, the member receives a trade bonus reward.

4. Low Deposit: FBS minimum deposit of just $1 makes it a highly competitive platform, especially for those new to the trading industry. It allows them to start trading with a small amount of capital and gain valuable experience in the trading world. Additionally, the low minimum deposit requirement makes the platform more accessible to a wider range of traders with different budgets. Traders can leverage the Standard, Cent, Pro, ECN, and 3 other account types depending on their knowledge level and trading experience.


Introduction

FBS is a renowned financial brokerage service in Asia, founded in 2009. The Forex Broker has several offices in China, Indonesia, Russia, the Philippines, and Malaysia.

FBS is a global CFD broker, which means it offers trading in a variety of financial instruments, including stocks and stock indices. FBS is regulated by the International Financial Services Commission (IFSC). Other regulatory bodies include CySEC, ASIC, and FSCA, which means it complies with various jurisdictions' laws and regulations. One of the things that makes FBS particularly attractive to traders is its low fees.

On FBS, the account opening process is fast and simple, which is great news for those who want to start trading immediately. The company charges no inactivity fee, and deposits and withdrawals are free of charge and user-friendly. And once you're set up with an account, you can take advantage of FBS's convenient trading terminals, including a mobile version of its platform.


Supported Countries

FBS Markets Inc provides services to a host of countries. Their clients worldwide include the Philippines, South Africa, Brazil, India, Malaysia, Pakistan, Indonesia, Vietnam, United Arab Emirates, Egypt, and many others.

However, it's important to note that FBS Markets Inc. does not offer financial services to residents of certain jurisdictions, including the USA, the EU, the UK, Israel, the Islamic Republic of Iran, and Myanmar. This is because FBS is a regulated broker and must comply with the laws and regulations of the countries where it operates.


Customer Service Rating

According to online reviews, FBS has a 2.5-star rating out of a possible 5, based on 351 reviews. Some positive reviews mentioned that FBS is one of the best brokers, offering the convenience of depositing funds through cryptocurrencies. Traders also appreciated that FBS has a user-friendly mobile application that makes trading on the go a breeze.

On the other hand, some negative reviews mentioned that trades were closed in a loss before the stop loss was reached, leading to losses for the traders. Additionally, there have been unauthorized deductions, which understandably frustrated some traders.


FBS Forex Trading Platforms

Having access to multiple platforms can be a game-changer for some traders. That's where FBS comes in with its three trading platforms - MetaTrader 4, MetaTrader 5, and proprietary FBS Trader.

  • MetaTrader 4 (MT4): This platform allows traders to leverage one-click market execution of trading orders and copy trading. The MT4 comes with an array of charting tools as well as technical indicators for tracking trading conditions. It also allows easy access to Expert Advisors (EAs) and automated copy trading. In addition, quick execution of trading and investment orders on the go is possible through mobile applications of the platform, and VPS (Virtual Private Server) trading support is available for FBS clients. The MetaTrader 4 MultiTerminal is available at FBS, allowing clients to operate several live trading accounts simultaneously.

  • MetaTrader 5 (MT5): This upgraded version of MT4 offers all the latter's services, along with additional benefits. MT5 provides an opportunity for netting and hedging. You can also enjoy advanced technical indicators and tools for predicting reliable trading conditions. It also makes for a greater market leader depth view and accessibility to different timeframes for copy trading. Traders can use the MetaTrader platforms directly at the website of FBS without the need for download and installation.

  • FBS Trader: This is the feature-rich platform of FBS accessible through the mobile app. It comes with a seamless and intuitive interface that allows access to top FBS trading tools and statistical reports that get updated in real-time and offer reliable trading conditions. The FBS copy trade app is compatible with every operating system and is available in Android, Windows, and Apple app stores.


Type of Trading Accounts on FBS Forex

FBS trading Broker offers a variety of account types that cater to traders of all levels, whether you're a beginner or an expert:

  • Standard Account: This is the ideal choice for traders of all levels seeking optimal conditions. You can trade on the MT4, MT5, or FBS Trader platform and choose from 36 Forex pairs, 8 metals, 3 energies, 11 indices, 127 stocks, and 5 crypto pairs. You'll have access to leverage up to 1:3000, a floating spread from 0.5 pips, and a minimum deposit of just $1.

  • Cent Account: This is a low-risk account for trading small amounts and testing strategies, then the Cent account is for you. You can trade on the MT4 or MT5 platform and choose from the same instruments as the Standard account. You can enjoy up to 1:1000 leverage, a floating spread from 1 pip, and a minimum deposit of just $1.

  • Pro Account: For those who want the ultimate Account for large orders and trading, the Pro account is the way to go. With this account type, you can trade on the MT4 or MT5 platform and choose from the same instruments on the Standard account. You'll have access to up to 1:2000 leverage, a floating spread from 0.3 pips, and a minimum deposit of $1000.

  • ECN Account: If you're a professional trader looking for the best conditions for large orders, the ECN account is perfect. You can trade on the MT4 platform and choose from 28 Forex pairs. You'll have access to up to 1:500 leverage, a floating spread from -1 pip, and a minimum deposit of just $1.

  • Crypto Account: The Crypto account is a great option for those who want to trade on volatile digital currencies 24/7. You can trade on the MT5 or FBS Trader platform and choose from 30 coins, 48 coin-fiat pairs, 25 coin-coin pairs, and 10 coin-metal pairs. You'll have access to up to 1:5 leverage, a fixed spread from 3 pips, and a minimum deposit of just $1.

  • Zero spread Account: This account type is perfect for easier order calculations for precise predictions. You'll have access to up to 1:3000 leverage, a fixed 0 pip spread, and a minimum deposit of just $1. You can trade on the MT4 platform and choose from 31 Forex pairs and 2 metals.

  • Micro Account: If you're a cautious trader looking for stable market conditions, then the Micro Account is the right choice. You can trade on the MT4 platform and choose from 31 Forex pairs and 2 metals. You'll have access to up to 1:5 leverage, a fixed spread from 3 pips, and a minimum deposit of just $1.


Trading Denominations on FBS Forex

FBS forex allows traders to determine the account denominations they want. There are a few options to choose from, including USD and EUR.


Company Structure

FBS is a name that many traders trust when it comes to Forex trading services. Their commitment to delivering quality services to their clients has earned them a good reputation in the industry. With FBS, you can be sure that your finances are well-protected as the Broker is regulated by several financial authorities such as CySEC and ASIC.

The company has been in the industry for over a decade, and its responsible approach to its tasks has helped them maintain a loyal clientele. One of the benefits of trading with FBS is their low stock and stock index CFD fees. Plus, there are no hidden inactivity fees to worry about.

FBS has received numerous accolades in the industry over the years, which is a testament to the Broker's exceptional service. These awards include Best Forex Broker Thailand in 2021 and 2022, Best Forex Broker Asia in 2018, Broker of the Year in Latin America in 2016, The Most Reliable Forex Broker MENA in 2020, and Best Mobile Trading Platform Asia in 2020, among many others. 


FBS Forex Licenses and Regulatory Compliance

FBS is a global CFD broker with its headquarters in Belize and Cyprus. The Broker is regulated by several financial authorities, including the International Financial Services Commission (IFSC) in Belize, the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA) in South Africa. This ensures that FBS follows the regulations and requirements set by each regulator.

Here are the FBS broker licenses:

  • Tradestone Limited - authorized by CySEC (Cyprus) registration no. 353534

  • Intelligent Financial Markets Pty Ltd - regulated by the ASIC (Australia) license number 426359

  • FBS Markets Inc. - authorized by IFSC (Belize) registration no. 119717

  • TRADE STONE SA (PTY) LTD - authorized by FSCA (South Africa) license no. 0885


FBS Forex Customer Protection

FBS market is a reliable forex broker that provides extra security measures to its client. This global Broker has multiple regulations by reputable bodies, so you can rest assured that your finances are safe.

FBS provides Investors' Compensation Fund (ICF) schemes to its users. If the company becomes insolvent, traders would be compensated up to €20,000. The Broker also protects money through segregated accounts, which safeguards the client's money against unethical practices.

FBS uses only regulated payment methods for the customer's transactions. In addition, FBS provides negative balance protection, meaning traders will never lose more than their account balance. Traders must also submit KYC documents during registration and follow AML guidelines to protect against financial scams.


Customer service

FBS takes great pride in providing excellent customer support to its clients. Whether you have a question in the middle of the night or on the weekend, FBS's customer support team is available to assist you.

You can contact FBS's customer support team via CallBack, email ([email protected], [email protected], [email protected]), or chat. Whatever method you prefer, they've got you covered. Their customer support is available in multiple languages. This makes it easier for clients to get the help they need without language barriers.

FBS also organizes local events in different countries where their clients can meet them in person and ask any questions they may have. There is also a comprehensive FAQ section on their website. This makes it easy for clients to find the answers they need quickly.


Trading Information

Unlike other forex trading companies that require high deposit requirements, you can open an account with FBS for only $1. FBS offers several account types, each with competitive spreads. 

If you're looking for the best spreads, then the ECN account is your best bet. The spreads start from -1 pip with a commission totaling only $6 per lot. You can easily choose between variable and fixed spreads with other account types.

For novice traders with a small budget, FBS offers one of the highest leverages in the industry. The maximum leverage in the company is about 1:3000, which is very attractive for those with limited funds.


Tradable Instruments

FBS gives you access to a wide range of trading instruments, allowing you to easily diversify your portfolio and take advantage of different market opportunities:

  • Forex

  • Metals

  • Indices

  • Energies

  • Stocks

  • Forex Exotic

  • Crypto


FBS Forex Leverage

FBS allows you to choose the type of Account that best suits your trading needs and risk appetite. FBS offers a range of leverages for different kinds of accounts, from the Cent Account with a maximum leverage of 1000:1 to the ECN Account with a maximum leverage of 500:1.

If you prefer a Micro Account, you can enjoy the highest leverage of 3000:1. The Standard Account, Zero Spread Account, and Crypto Account also have a maximum leverage of 3000:1, except for the Crypto Account, which has a lower leverage of 5:1.


Deposits and Withdrawals

Deposits 

FBS provides a range of funding methods to make depositing money into your trading account easy. You can use credit and debit cards, electronic payment systems, bank wire transfers, and exchanges. The best part is that FBS does not charge deposit fees or commissions, making it an affordable option for traders.

Deposit Options

Deposit Currency

Fees

Transaction Time

Visa

USD, EUR

No Fees

Instantly

NETELLER

USD, EUR

No Fees

Instantly

STICPAY

USD

No Fees

Instantly

Skrill

USD, EUR

No Fees

Instantly

PerfectMoney

USD, EUR

Commission may apply

Instantly


Withdrawals

The Financial Department of FBS processes all withdrawal requests based on the received order. Once your request is approved, they will send you the funds immediately. However, the time it takes to transfer funds to your account depends on the payment method you use.

Withdrawal Option

Withdrawal Currency

Fees

Transaction Time

Visa

USD, EUR

1$ Commission

15-20 minutes

NETELLER

USD, EUR

Variable Commission

15-20 minutes

STICPAY

USD

Variable Commission

15-20 minutes

Skrill

USD, EUR

1% Commission

15-20 minutes

PerfectMoney

USD, EUR

0.50% Commission

15-20 minutes

Moreover, the minimum withdrawal amount for FBS payment systems starts from $1, so you can withdraw your funds even if you have a small amount in your Account.


FBS Trading Education and Training

Regarding forex trading, having the right tools and resources to help you make informed decisions is essential. That's why FBS provides a wide range of tools to help traders of all levels. FBS offers a range of educational resources, including:

  • Forex Guidebook

  • Tips for Traders

  • Webinars (divided into levels for beginners, elementary, intermediate, and advanced)

  • Video Lessons

  • Seminars

  • Glossary

They also offer different market analysis tools to help you stay updated on the latest news and trends. These tools include:

  • Market Analytics

  • Forex News

  • Daily Market Analysis

  • Forex TV

  • VIP Analytics

In addition to these tools, FBS provides traders with various resources to aid trading. These include:

  • Trader Tools

  • Economic Calendar

  • Forex Calculators

  • Currency Converter

Overall, FBS provides traders with a wealth of resources and tools, from novice to advanced.


FAQs

Is FBS Forex a Scam?

FBS Forex is a legitimate online broker regulated by reputable financial authorities such as the International Financial Services Commission (IFSC) and the Cyprus Securities and Exchange Commission (CySEC). These regulatory bodies ensure that FBS Forex operates with transparency, fairness, and professionalism and complies with strict regulations that protect traders' funds and privacy. Additionally, FBS Forex has been operating in the forex industry for over a decade and has won numerous awards for its trading services. There is no evidence to suggest that FBS Forex is a scam or fraudulent company.

How do I open an FBS trading account?

To open an FBS trading account, follow these steps:

  • Go to the FBS website and click on the "Open Account" button;

  • Fill in the registration form with your personal information, such as name, email address, phone number, and country of residence;

  • Choose the account type that suits your trading needs and financial goals;

  • Verify your identity by submitting the required documents, such as a government-issued ID and proof of address;

  • Make a deposit using any of the available payment methods;

  • Install the trading platform of your choice, such as MetaTrader 4 or MetaTrader 5, or the FBS Trader;

  • Start trading and enjoy access to various trading tools and educational resources FBS offers.

Is FBS a good broker?

FBS is a great broker that offers a variety of account types to cater to the different needs and preferences of its clients. From Cent accounts to ECN accounts, traders can choose the account that suits their trading style and budget. FBS is a great choice for traders who are looking for a broker that offers a range of account types, competitive spreads, ease of use, and a reliable trading platform.


Conclusion

FBS Forex is a reputable and reliable broker for traders seeking to invest in the financial markets. With its wide range of trading instruments, variable leverage options, and user-friendly platforms, FBS offers traders of all levels a chance to succeed in their investments.

The Broker provides traders with multiple funding methods, including electronic payment systems, credit and debit cards, bank wire transfers, and exchangers, with no deposit fees or commissions charged for any deposits. Also, withdrawal requests are processed promptly and efficiently, with the minimum withdrawal amount for FBS payment systems starting from $1.

FBS provides multilingual support services available 24/7 through phone, email, and chat, as well as local FBS events, live chat, callback, email, and FAQ support. Overall, FBS Forex is an excellent broker for traders looking for a broker that caters to their trading needs. Regardless of if you are a beginner or an experienced trader, FBS has everything you need to succeed in your trading journey.

Trading accounts of FBS

  • Micro
  • Standard
  • Unlimited
  • Cent
  • Zero Spread
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 5 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Stop Out:
20 %
Minimum position size:
0.01 лотов
Maximum position size:
10 лотов
Max. number of orders:
100
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
40 %
Locked Margin level:
50 %
Phone trading:
No
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 25 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Stop Out:
20 %
Minimum position size:
0.1 лотов
Maximum position size:
10 лотов
Max. number of orders:
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
40 %
Locked Margin level:
50 %
Phone trading:
No
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 1000 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Stop Out:
20 %
Minimum position size:
0.1 лотов
Maximum position size:
100 лотов
Max. number of orders:
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
40 %
Locked Margin level:
50 %
Phone trading:
No
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 1 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Stop Out:
20 %
Minimum position size:
0.01 лотов
Maximum position size:
10 лотов
Max. number of orders:
100
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
40 %
Locked Margin level:
50 %
Speed ​​of execution:
0.2 sec.
Commission:
Not
Phone trading:
No
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 500 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Stop Out:
20 %
Minimum position size:
0.1 лотов
Maximum position size:
100 лотов
Max. number of orders:
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
40 %
Locked Margin level:
50 %
Speed ​​of execution:
0.2 sec.
Commission:
Not
Phone trading:
No

Monitoring of FBS's Micro account

FBS spreads All spreads FBS

Enable data feed
EUR/USDGBP/USDUSD/CHFUSD/CADUSD/JPYAUD/USDNZD/USDEUR/AUD
Live spread

N/AN/AN/AN/AN/AN/AN/AN/A
Average spread
for the past
30 days
Average spreadInterval:
N/AN/AN/AN/AN/AN/AN/AN/A

FBS quotes All quotes FBS

Enable data feed
EUR/USDGBP/USDUSD/CHFUSD/CADUSD/JPYAUD/USDNZD/USDEUR/AUD
Ask
N/AN/AN/AN/AN/AN/AN/AN/A
Offers
N/AN/AN/AN/AN/AN/AN/AN/A

FBS swaps All swaps FBS

EUR/USDGBP/USDUSD/CHFUSD/CADUSD/JPYAUD/USDNZD/USDEUR/AUD
Long
-6.69-8.441.33-3.65-1.110.260.32-13.11
Short
0.240.96-6.97-4.27-6.01-3.56-5.033.65

Contacts of FBS

Headquarters
Белиз , БельмопанАлмонд Бульвар, Garden City Plaza
show on the map
8 800 555 444 2Горячая линия
Представительство
Малайзия , Petaling JayaJalan Sepah Putra, 1-35
show on the map
1 800 815 301

Recent customer reviews of FBS

Jabulani Zulu 05 February 2024

Advantages: Low costs, simple trading terms

Disadvantages: one account for all concept

Comment: At first glance, I thought the same... Hmm, only one account type.
However, I checked its trading terms, and I realised it perfectly fits my trading strategy!
I appreciate that no trading fees are charged, and the spreads are within the industry standards, which is great!

Comment
Add a COMMENT
Andile Jali 01 February 2024

Advantages: Favorable trading conditions

Disadvantages: MT4 and MT5 only

Comment: This is a good broker and I like trading here.

Comment
Add a COMMENT
Eduardo Díaz 26 January 2024

Advantages: It's cool.

Disadvantages: Nope.

Comment: Dudes, this is a top broker!

Comment
Add a COMMENT
Raden Soekarno 01 February 2024

Top broker indeed. By cool if you mean about the appealing trading conditions they offer, then I agree. It’s the coles broker around ?

Comment
Add a COMMENT

FBS analisis & forecasts

All analysis FBS
19 APRIL, 2021
GBP: staying power

Let’s look at what the GBP’s doing today and put things in perspective. GBP/USD: high rise – short life? Against the USD, it’s testing the four-week high of 1.39. Technically, it’s already above that level but there is little ...

Read more
19 APRIL, 2021
USD: a sudden plunge for a quick pick-up!

The US dollar slid significantly today against most peers – that was mostly a reaction to the shifts in the US Treasuries. EUR, CHF, JPY, AUD, GBP, CNH – all these currencies took advantage of that and moved in the direction ...

Read more
19 APRIL, 2021
How Tesla’s accident will impact stock price?

What happened? A Tesla car, that no one was driving, crashed into a tree in Texas. Two passengers died. It raised questions over Tesla’s Autopilot and Full Self-Driving (FSD) features. However, Tesla cautioned drivers before ...

Read more

FBS webinars and seminars

16:37 04 FEBRUARY, 2019
Webinar: “Technical Indicators by Bill Williams” - FBS

FBS in-house currency analyst Elizabeth Belugina will teach the webinar’s participants how to analyze the charts in the Meta ...

16:30 04 FEBRUARY, 2019
Webinar: “Technical analysis. How to eliminate price noise” - FBS

FBS analyst Elizabeth Belugina will have a discussion on how to eliminate market noise and how to trade with profit. Happening o ...

16:10 29 MAY, 2018
Seminar: “Free Seminar in South Africa” - FBS

Forex broker FBS will hold a free Forex seminar in South Africa on June 9, 2018. Several topics will be discussed including the ps ...

FBS bonuses, contests and promotions

All bonuses, promotions, contests FBS
Offer type : Contests(until 01.07.2021)
FBS 12 Years Contest - FBS

FBS is celebrating its 12th year anniversary with a bang! The company will be giving away a prize pool worth $1,200,000!  The winners will be de ...

Offer type : Contests(until 31.12.2021)
FBS League - FBS

In need of additional funds for your trading? FBS League is for you! Ready your trading skills as you battle it out against other traders. What&rsquo ...

Offer type : Bonuses(until 31.12.2021)
Quick Start Bonus - FBS

Looking to start your trading career? Do it with FBS and get real trading capital worth $100! This no deposit bonus will help you to embark on your t ...


Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.