Rating: ★★★★☆ 4.1/5 Min deposit $1, leverage up to 1:3000 Broker’s website Updated: Oct. 19, 25
Broker Review

FBS — Forex Broker Review and Traders’ Feedback

$1
Min Deposit
1:3000
Max Leverage
2009
Founded
27M+
Clients
Instruments
  • Currency pairs
  • Metals
  • CFDs on stocks, indices, oil
  • Cryptocurrencies
Account Types
  • Cent, Standard
  • Zero Spread, ECN
  • Pro, Crypto
Company & Compliance
IFSC (Belize) — No. 000102/460
CySEC (Cyprus) — No. 331/17
Website: fbs.com
Key Facts
  • Copy trading supported
  • Spreads from 0.0 pips (Zero/ECN)
  • Min order: 0.01 lot
  • Withdrawal: 1–3 business days

Overview

FBS is an international brokerage brand that has been present on the market since 2009 and is active in more than 150 countries. The brand is used by several companies operating under different jurisdictions, most notably an offshore entity in Belize, a Cyprus Investment Firm for the EU, and an Australian firm. Day-to-day trading conditions are broadly similar across entities (platforms, instruments, execution model), while leverage caps, promos, and payment options can vary by regulator and region.

Clients from the CIS are typically routed to the offshore entity FBS Markets Inc. in Belize. The group states that it aggregates liquidity from large banks and market makers and places most of its trading infrastructure in London and New York to keep execution fast, targeting around 0.4s on the majority of orders. The official websites cover a wide set of languages; coverage is strongest across EU and Asian locales, while availability for some CIS languages may depend on the specific entity and site version.

FBS highlights dozens of industry awards and large user numbers in its marketing. In past disclosures the brand cited over 23 million registered traders and hundreds of thousands of partners worldwide, daily account openings in the thousands, and sizable client profits. Treat such figures as promotional snapshots rather than audited metrics, and always weigh them against your own due diligence.

Regulation & Availability

From a regulatory standpoint, the brand’s footprint is split. Offshore, FBS Markets Inc. is registered in Belize and overseen by the local financial regulator (IFSC/FSC). In the European Union, services to residents are provided by a Cyprus firm (CySEC authorization historically disclosed as 331/17), which means ESMA/MiFID II rules apply, including leverage caps for retail, product risk warnings, and restrictions on bonuses. In Australia, services are provided by an ASIC-authorized firm that holds an AFSL (historically disclosed as AFSL 426359). As with any broker, you should verify the current status, permissions, and passporting on the official registries (CySEC public register, ASIC Connect, Belize IFSC/FSC list) before you onboard.

For traders in the United States, retail forex/CFD providers must be CFTC-registered and NFA members to legally offer accounts. FBS is not listed as a CFTC-registered RFED/FCM or NFA Member for retail distribution, so U.S. residents are generally not accepted. U.S. readers should always check the NFA BASIC and CFTC registries directly before engaging any firm. Availability can also be restricted in other highly regulated or sanctioned jurisdictions; verify eligibility for your country during signup.

Trading Platforms, Instruments & Tools

FBS offers MetaTrader platforms and its own mobile app, along with a wide CFD lineup — forex majors and crosses, indices, metals, energies, stocks, and selected crypto pairs. The setup is simple, aimed at beginners, with quick onboarding and very low entry thresholds. A free demo account is available without time limits, letting users test spreads, swaps, and execution speed before trading live.

The broker provides a VPS that’s free if you maintain trading activity, otherwise a small fee applies. There’s also a built-in calculator for estimating pip value, margin, and swaps — useful for planning risk and trade size. Promotions and bonuses vary by region: offshore clients might see 100% deposit bonuses, though those require massive turnover to withdraw, so they’re better viewed as temporary perks, not core capital.

Education, Support & Protections

FBS runs free webinars and seminars worldwide, plus online lessons covering trading basics, platform use, and risk management. The materials target newcomers more than seasoned traders, but they’re clear and accessible. Support works 24/7 through chat, Telegram, WhatsApp, and email, usually responding fast and directly, without trying to upsell services.

Client protection depends on your entity. Under CySEC, funds are segregated and covered by the Investor Compensation Fund up to EUR 20,000. Australian clients get ASIC oversight and client-money safeguards. Offshore users rely mostly on internal policies and documentation, so it’s essential to read the Terms of Business and Risk Disclosure before depositing.

Funding, Withdrawals & Account Closure

Funding is available through cards, e-wallets, bank transfers, and sometimes crypto. Fees and speed vary, so it’s smart to start small — make a test deposit, trade briefly, then withdraw a small amount to confirm timing and any extra costs. To close an account, simply close all trades, withdraw funds, and send a request through your client area. Bonuses that haven’t met conditions are removed automatically.

Final Take

Overall, FBS remains a recognizable global broker with easy access, solid platform choices, and around-the-clock support. It’s well-suited for newcomers who value simplicity and flexible funding. Downsides include the lack of advanced investment options like PAMM or copy trading and stricter regional limits. Wherever you’re based, always verify the license on the regulator’s website, start small, and build up only after confirming smooth withdrawals and stable execution.

John Smith
Written by:John Smith
Contributor
Sagar Dua
Fact-checked by:Sagar Dua
Cryptocurrency and stock expert
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  • This commment is unpublished.
    · 1 months ago
    FBS is okay, but the bonus system feels a bit confusing and full of conditions. Spreads can widen a lot during news, and I’ve had minor delays with order execution. Support responds, but not always with helpful answers. It’s fine for starting out, but I wouldn’t call it a top-tier broker.
    • This commment is unpublished.
      · 11 days ago
      @Tyler Yeah, I’ve noticed the same things with FBS. The platform itself works fine, but the bonus system is honestly more marketing than something you can really use — too many rules and restrictions. Spreads during volatile moments can jump pretty aggressively, and I’ve had a few trades slip more than expected. Support replies quickly, but half the time it feels like copy-paste answers rather than real help. It’s an okay broker to start with or test strategies on smaller lots, but once you get serious about execution quality, you’ll probably look elsewhere.
  • This commment is unpublished.
    · 1 months ago
    I’ve been trading with FBS for a few months now, and so far it’s been pretty solid. The spreads are competitive, withdrawals are quick, and the mobile app is easy to navigate. I also like their education section — it’s great for beginners. Not the flashiest broker, but it does exactly what it should.
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