FBRForex Broker Rating
Adam Peters
Written by Adam Peters
Broker Analyst
Updated
FBS logo

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

Our Ratings

4.3
out of 5
Safety & Regulation4.5
Fees & Costs4.1
Platforms & Execution4.4
Education4.0
VISIT FBS

72% of retail FX and CFD accounts lose money.

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.

FBS - At a Glance

Trading Conditions

Broker Type
STP, ECN
Minimum Deposit
$5
Maximum Leverage
1:3000
Spread Type
Variable
Commission
No commission
Decimal Pricing
5 decimals
Minimum Lot Size
0.01
Maximum Lot Size
500
Hedging
Yes
Scalping
Yes
Assets Offered
Forex, CFDs

Account Types

Demo Account
Yes
Swap Free Account
Yes
Managed Account
No
PAMM / MAM Trading
No
Joint Account
No
Social / Copy Trading
No
Bonuses
Yes
Contests
Yes

Platforms & Tools

Trading Platforms
Mobile App, Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
One Click Trading
Yes
OCO Orders
Yes
Trailing Stop Loss
Yes
API Access
Yes
VPS Hosting
Yes

Company

Regulation
ASIC (Australia), CySEC (Cyprus), FSC (Belize), FSCA (South Africa)
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Headquarters
9725, Fabers Road Extension, Unit 1, Belize City, Belize.
International Offices
Belize, Cyprus
Payment Methods
Bank Transfer, Local Bank Transfer, Debit Cards, Credit Cards, Skrill, Neteller, Perfect Money, SticPay, FasaPay
Account Currencies
EUR, USD
Languages
English, Portuguese, Indonesian, Spanish, Thai, Malay, Tagalog, Filipino
Customer Support
Live Chat, Email, Telephone
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VISIT FBS

72% of retail FX and CFD accounts lose money.