FBS Forex Review 2026
72% of retail FX and CFD accounts lose money.
FBS - At a Glance
- Established
- 2009
- Headquarters
- 9725, Fabers Road Extension, Unit 1, Belize City, Belize.
- International Offices
- Belize, Cyprus
- Publicly Traded
- No
- Broker Type
- Market Maker
- Regulation
- ASIC (Australia), CySEC (Cyprus), FSC Belize (Belize), FSCA (South Africa)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Varies
Losses are normally cleared back to zero. But FBS can pursue you for the money if it decides your actions were deliberate, and can take funds from another of your accounts if it thinks you run several under different details.
- Banking License
- No
- Languages
- English, Portuguese, Indonesian, Spanish, Thai, Malay, Tagalog, Filipino
- Customer Support
- Live Chat, Email, Telephone
- Customer Support Hours
- 24/7
- Demo Account
- Yes
- Swap Free Account
- Yes
- Joint Account
- No
- Corporate Account
- Yes
Entities can register on the standard product. No separate corporate offering.
- Managed Account
- No
- PAMM / MAM Trading
- No
- Social / Copy Trading
- No
- 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
- 1:30 (ASIC), 1:30 (CySEC), 1:3000 (FSC Belize)
- Bonuses
- Varies
Deposit and trading bonuses are prohibited for retail clients under ASIC and CySEC rules, so they are not available on those entities. Offered through the Belize entity where local rules permit.
- Contests
- Varies
Trading competitions are restricted for retail clients under ASIC and CySEC rules. Available through the Belize entity where local rules permit.
- Markets & Products
- Forex, CFDs
- Currency Pairs
- 72 FX pairs
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 500
- Decimal Pricing
- 5 decimals
- Order Types
- Market execution with pending orders: buy stop, sell stop, buy limit and sell limit. Stop loss, take profit and trailing stop. All pending orders are GTC by default with an optional expiry. Trailing stop runs in the client terminal only.
- Execution Type
- Market maker
- Margin Call Level
- 40% margin level
- Stop Out Level
- 50% of initial margin (ASIC retail), 20% margin level (global entities)
- Hedging
- Yes
- Scalping
- Yes
- Spread Type
- Variable
- Spread From
- 0.5 pips (EUR/USD, commission-free accounts)
- Commission
- No commission
- Overnight / Swap Fees
- Yes
- Deposit Fee
- No
- Withdrawal Fee
- No
- Currency Conversion Fee
- Yes
- Account Maintenance Fee
- No
- Inactivity Fee
- No
- Custody Fee
- No
- Trading Platforms
- Mobile App, Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
- Mobile App
- Yes
- API Access
- Yes
- VPS Hosting
- Yes
- Automated Trading
- Yes
How FBS's costs compare
The marker is the median of every active broker we rate, computed from the same structured data as the reviews. Headline from-spreads are the broker's advertised best case; your account type and instrument change them.
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.
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- 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.
