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
Strengths and watchouts
- 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 are not yet documented for this broker. Review fees, regulation and account terms before opening an account.
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.
- CySEC (Cyprus)
- ASIC (Australia)
- IFSC (Belize)
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.
Markets available
- Forex
- Commodities
- Share CFDs
- Indices
Account types
| Account | Min deposit | Commission | Leverage |
|---|---|---|---|
| Standard | Not verified | 1.0 | 1:1 to 1:3000 |
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.
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 →Focused research pages
- RegulationFBS regulation and safety checks
- Account openingFBS minimum deposit and account-opening checks
- Minimum depositFBS minimum deposit and funding threshold checks
- Company backgroundFBS company background and entity checks
- RatingFBS rating context and methodology checks
- SafetyFBS safety, funds protection and entity checks
- Pros and consFBS pros, cons and trade-off checks
- FeesFBS fees, minimum deposit and cost checks
- MarketsFBS markets and product availability checks
- Public reputationFBS public reviews and reputation checks
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.
Where this broker is ranked
- Beginner-friendly · ranked #2Best Brokers for BeginnersBest for Micro-Capital Beginners
- Use case · ranked #3Best Brokers for Copy TradingBest Beginner-Friendly Copy
- Platform · ranked #5Best Mobile Trading Apps and Forex Trading AppsBest Low-Minimum Mobile Forex App
- Platform · ranked #5Best MT4 BrokersBest for Beginner MT4 Traders
- Asset class · ranked #6Best Forex BrokersBest for Beginner Forex Accounts
Related comparisons
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 1–3 of 10 reviews