FBS Review
Key Facts
Regulation
ASIC · CySEC · FSC+1 more
Broker Type
STP, ECN
Min. Deposit
$5
Platforms
Mobile App, Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Fees
Low
Max Leverage
1:3000
Demo Account
Yes
Inactivity Fee
-
Our Ratings
4.3
out of 5
Safety & Regulation4.5
Fees & Costs4.1
Platforms & Execution4.4
Education4.0
72% of retail FX and CFD accounts lose money.
FBS - At a Glance
Company & Overview
- Headquarters
- 9725, Fabers Road Extension, Unit 1, Belize City, Belize.
- International Offices
- Belize, Cyprus
- Broker Type
- STP, ECN
- Regulation
- ASIC (Australia), CySEC (Cyprus), FSC (Belize), FSCA (South Africa)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Yes
- Languages
- English, Portuguese, Indonesian, Spanish, Thai, Malay, Tagalog, Filipino
- Customer Support
- Live Chat, Email, Telephone
Account Types
- Demo Account
- Yes
- Swap Free Account
- Yes
- Joint Account
- No
- Managed Account
- No
- PAMM / MAM Trading
- No
- Social / Copy Trading
- No
Account Conditions
- Minimum Deposit
- $5
- Payment Methods
- Bank Transfer, Local Bank Transfer, Debit Cards, Credit Cards, Skrill, Neteller, Perfect Money, SticPay, FasaPay
- Account Currencies
- EUR, USD
- Maximum Leverage
- 1:3000
- Bonuses
- Yes
- Contests
- Yes
Trading Conditions
- Markets & Products
- Forex, CFDs
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 500
- Decimal Pricing
- 5 decimals
- Hedging
- Yes
- Scalping
- Yes
Fees & Costs
- Spread Type
- Variable
- Commission
- No commission
Platforms & Tools
- Trading Platforms
- Mobile App, Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
- API Access
- Yes
- VPS Hosting
- Yes
Pros & Cons
Pros
- Strong regulatory oversight.
- Established in 2009 with a strong and proven track record.
- Trusted broker with a large global user base (20M+ traders).
- Segregated client funds.
- Fast and simple account setup process.
- Wide range of global market access through CFDs.
- Very low minimum deposit (from $5).
- Multiple fast and secure payment methods.
- Negative balance protection.
- Low forex trading fees.
- No deposit or withdrawal fee for most payment methods.
- Beginner-friendly account options (Cent Account).
- Great educational content for beginners.
- User-friendly mobile and web proprietary platforms.
- Supports MetaTrader 4 and 5 integration.
- High leverage trading capability.
- Great customer support service, available 24/7.
Cons
- Product offering is limited to forex and CFDs.
- Limited account currency options.
- No TradingView integration.
- No integrated social, copy, and PAMM trading features.
- Limited research tools.
- Educational content is limited.
