Independent broker researchIssue 020Vol. IV
020Vol. IVMay 22, 2026
— independent broker research —
Broker reviewLast reviewed · 14 April 2026

FBS review

FBS, a leading global broker since 2009, offers forex and CFD trading with competitive spreads, diverse account types, and robust educational resources for traders worldwide.

ByAkira SaitoEdited by InvestorTrip Editorial teamLast reviewed April 14, 2026
About the broker

Overview

The mission of FBS is to provide a seamless trading experience and make all levels of traders feel great through training and services. The leading broker in the industry envisages being the people's choice as their transparent and trusty transacting partner wherever in the world.

Founded
2009
Quick scan

Strengths and watchouts

Strengths
  • The broker offers excellent negative balance protection to all traders
  • FBS does an excellent job in securing top-tier regulation, and ensuring your funds are always secure
  • Their trading services are available in many countries worldwide
  • They have won more than 90 awards over the years for their top quality service
Watchouts

Watchouts are not yet documented for this broker. Review fees, regulation and account terms before opening an account.

Tier-1 register checks

Safety and regulation

FBS holds licenses from the following: These licenses ensure the company adheres to stringent rules and regulations in conformity with both regulatory and operational systems. Client funds are kept in high-level segregated accounts with top-notch banks to ensure safety from the company's liabilities. Moreover, the company provides insurance for additional security cover.

Regulators on file
  • CySEC (Cyprus)
  • ASIC (Australia)
  • IFSC (Belize)
Risk warning

Between 70% and 85% of retail investor accounts lose money when trading CFDs with most regulated providers — the exact figure for any specific broker is published on that broker's own website. Consider whether you understand how these instruments work and whether you can afford the high risk of losing your money.

What you can trade

Markets available

  • Forex
  • Commodities
  • Share CFDs
  • Indices
Min deposit and structure

Account types

AccountMin depositCommissionLeverage
Standard$01.01:1 to 1:3000
What you pay

Fees and costs

Starting at 0.0 pips for major currency pairs on Raw Spread accounts, while Standard accounts offer competitive spreads without commissions. FBS provides detailed transparency on swap rates for overnight positions. For Islamic accounts, swaps are disabled. An inactivity fee is charged after a long period without account use, encouraging active trading.

Methodology

How we reviewed this broker

Each broker review documents the broker's claimed regulators, cross-references them against the public registers (FCA, CySEC, ASIC, FSCA, BCC and others), and notes any divergence. Where a regulator has issued a public advisory, the URL is cited inline so a reader can verify it directly. Tradable instruments, account types, and fees are sourced from the broker's published disclosures or documented as unavailable. The full scoring methodology is public.

Read the full methodology →
From readers

Frequently asked questions

Is the broker regulated?
Yes, FBS is regulated by CySEC, ASIC, and IFSC.
What trading platforms are available?
FBS offers MetaTrader 4, MetaTrader 5, and cTrader. It also has iOS and Android mobile applications available for users who prefer this way to trade.
What is the minimum amount required to open an account?
An account can be opened with as little as $1, depending on the account type selected.
What types of accounts does the company offer?
FBS offers four account types: Standard, Raw Spread, cTrader, and Islamic, to cater to the needs of traders.
Which fees and commissions are charged?
FBS charges spreads, commissions, swaps, and inactivity fees for clients with dormant accounts.
What is the maximum leverage in this service?
FBS offers leverage up to 3000:1 depending on the account type and jurisdiction.
Does the broker offer demo accounts?
Yes, FBS provides a free demo account for "try-before-you-buy" consumers like investors and traders.
How can I contact customer support?
FBS has 24/7 customer support available anytime via live chat, emails, or phone. Team members can converse in a selection of languages.
Appearances in our shortlists

Where this broker is ranked

What users say

Reader reviews

Siyabonga Mkhabela

Feb 9, 2025

This broker has proven to be dependable, offering swift and hassle-free withdrawals. The spreads across various instruments are competitive, making it an excellent choice overall. It would be even better if they expanded their selection of U.S. stocks available for trading. Despite this, they remain a fantastic broker.

MUHAMMAD ALI ZARAMI

Feb 9, 2025

The chart patterns provided in your Telegram channel are incredibly insightful.

VICTOR MUSEE KILONZO

Feb 6, 2025

Quick deposits, withdrawals, and order processing. The firm excels in providing daily transaction confirmations.

Showing 13 of 10 reviews

Reviewed by the InvestorTrip Editorial team · Last updated 14 April 2026

Broker data documented from public sources: regulator registers (FCA, CySEC, ASIC, FSCA, BCC and others), the broker's own website, and IOSCO I-SCAN warnings where applicable. Information can change — verify current terms directly with the broker before depositing.