What is FBS?
Broker overviewFBS is an ECN / STD forex broker founded in 2009 and based in Cyprus. It offers forex, cryptocurrency, commodities, indices, shares on MetaTrader4, MetaTrader5, MultiTerminal, Mobile Trading, and More.
FBS is regulated by Regulated by IFSC, 60, 292, TS, 15 and Cyprus Securities and Exchange Commission (CySEC). Its listed office is Suite 5, Garden City Plaza, Mountain View Boulevard, BELMOPAN, Belize, C. A..
This review explains what you actually get: how safe the broker is, what trading costs look like, how deposits and withdrawals work, what the FBS bonus offers, and who the broker suits best.
- ✓Regulated since 2009 by Regulated by IFSC, 60, 292, TS, 15 and Cyprus Securities and Exchange Commission (CySEC), with segregated client funds.
- $Cost to start: $1 minimum deposit and spreads from Lowest spread on EURUSD 0.0 pips.
- ⚡Flexible trading: leverage up to 1:3000, hedging, scalping and news trading allowed.
- %Bonus: 100% Deposits Welcome Bonus and a no deposit bonus.
Our short verdict
FBS stands out for strong multi-regulation, a very low $1 minimum deposit and tight spreads from Lowest spread on EURUSD 0.0 pips. The main thing to watch: very high 1:3000 leverage greatly increases the risk of loss.
More about FBS
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Is FBS safe and regulated?
FBS is supervised by 5 authorities. Our listing shows these licences:
| Regulator | Region | What it means for you |
|---|---|---|
| Regulated by IFSC | — | Licence listed for this broker. |
| 60 | — | Licence listed for this broker. |
| 292 | — | Licence listed for this broker. |
| TS | — | Licence listed for this broker. |
| 15 and Cyprus Securities and Exchange Commission (CySEC) | — | Licence listed for this broker. |
Client money is held in segregated accounts, separate from the company's own funds. Before you sign up, check which FBS company will hold your account, because protection levels can differ between regions.
FBS account types and trading conditions
These are the main trading conditions listed for FBS. It offers Islamic, mini, VIP, managed accounts.
| Feature | FBS |
|---|---|
| Minimum deposit | $1 |
| Minimum spreads | Lowest spread on EURUSD 0.0 pips |
| Max leverage | 1:3000 |
| Execution | ECN / STD |
| VIP accounts | Yes |
| Mini accounts | Yes |
| Swap-free (Islamic) | Yes |
| Managed accounts | Yes |
| Free demo account | Yes |
| Strategies allowed | Hedging, scalping, news trading |
FBS trading platforms
FBS supports MetaTrader4, MetaTrader5, MultiTerminal, Mobile Trading, and More. MetaTrader 4 remains the favourite for forex and Expert Advisors. MetaTrader 5 adds more timeframes and better access to stocks and other non-forex markets.
Web and mobile trading
Web trading: Yes. Mobile trading: Yes. Markets available: Forex, Cryptocurrency, Commodities, Indices, Shares. The website is available in English, Arabic, Chinese, French, German, Indonesian, Italian, Lithuanian, Polish, Portuguese, Russian, Spanish, Ukrainian and more.
FBS deposit and withdrawal methods
FBS accepts these deposit methods:
- Wire Transfer
- Credit Card
- Debit Card
- Perfect Money
- WebMoney
- Neteller
- Skrill
Withdrawals use the same methods as deposits.
Accounts can be held in GBP, USD, EUR, PLN, and AUD. Choosing the currency you deposit in avoids conversion fees. Your account must be verified (ID and proof of address) before the first withdrawal.
FBS bonus and promotions
These are the promotions listed for FBS:
Promotion offered by FBS. Check the broker's terms for trading volume and withdrawal conditions.
FBS's welcome offer for new clients. Check the broker's terms for trading volume and withdrawal conditions.
FBS no deposit bonus: FBS lists a no deposit bonus: 140 USD Forex No Deposit Bonus. See our up-to-date list of forex no deposit bonus offers. Every offer has volume and time conditions, so read the terms first.
FBS pros and cons
Pros
- Regulated by Regulated by IFSC, 60, 292, TS, 15 and Cyprus Securities and Exchange Commission (CySEC) (since 2009)
- Very low $1 minimum deposit
- Spreads from Lowest spread on EURUSD 0.0 pips
- MT4, MT5 trading
- Hedging and scalping allowed
- News trading allowed
- Islamic, mini, VIP, managed accounts
Cons
- Very high 1:3000 leverage greatly increases the risk of loss
- Trading terms can differ by region and group entity
- CFD trading carries a high risk of losing money
How to open an FBS account
- RegisterClick "Visit Broker" and fill in your name, email, country and password.
- Verify your profileUpload a passport or ID card and a recent utility bill or bank statement.
- Choose an accountPick the account type, base currency and leverage that suit you.
- Fund and claim the bonusDeposit from $1 and opt in to the promotion if your region qualifies.
- Start tradingLog in to MT4, MT5. Practise first on a free demo account.
FBS customer support and contact
These are the contact details we have on file for FBS:
FBS review FAQ
Is FBS a regulated broker?
What is the FBS minimum deposit?
Does FBS offer a no deposit bonus?
What is the maximum leverage at FBS?
Which platforms does FBS support?
Is FBS good for beginners?
Final verdict: should you trade with FBS?
FBS scores 4.5 out of 5 in our review. Its strongest points are strong multi-regulation, a very low $1 minimum deposit and tight spreads from Lowest spread on EURUSD 0.0 pips. Keep in mind: very high 1:3000 leverage greatly increases the risk of loss; trading terms can differ by region and group entity.
If you want to start without your own money, FBS's no deposit bonus is worth a look. Compare it with other options on our best forex brokers page before deciding.