FBS is an international forex and CFD brand that has operated since 2009. Its international offering provides access to currencies, metals, stock indices, shares, energy products and cryptocurrencies through contracts for difference.

Trading is available through MetaTrader 4, MetaTrader 5, the proprietary FBS App and browser-based platforms. International and European services are provided by separate legal entities, so leverage, product availability and regulatory protections are not identical.

FBS Regulation and Legal Entities

International Entity

The international website is operated by FBS Markets Inc., a company incorporated in Belize under registration number 000001317.

• Company: FBS Markets Inc.
• Registration number: 000001317.
• Regulator: Financial Services Commission of Belize.
• License: 4077102.
• Address: The Bentley, #16 Cor A Street & Princess Margaret Drive, Belize City, Belize.

Belize regulation provides a formal supervisory framework, but leverage limits, compensation arrangements and retail-client protections differ from those applied by European regulators.

European Entity

The European FBS website is operated by Tradestone Ltd, a separate Cyprus Investment Firm regulated by the Cyprus Securities and Exchange Commission.

• Company: Tradestone Ltd.
• Registration number: HE 353534.
• Regulator: Cyprus Securities and Exchange Commission.
• License: 331/17.

Tradestone Ltd states that it participates in the Cyprus Investor Compensation Fund, segregates client funds from company funds and follows MiFID II requirements.

International account conditions should not be assumed to apply to the European entity. Retail leverage, promotions, instruments and onboarding requirements can differ substantially.

Current FBS Account Types

The current international account lineup is considerably simpler than the structure described in many older reviews.

Micro, Zero Spread, ECN, Pro and Crypto accounts should not be presented as the main current lineup unless they are confirmed inside a specific client dashboard.

Minimum Deposit

FBS currently advertises an initial deposit from $5 for its main Standard account. The Cent account carries a stated minimum of $1 when it is available.

A payment provider may apply a higher transaction minimum. The amount required to maintain a position also depends on the instrument, trade size, market price and leverage.

Leverage

Maximum leverage on the Standard account can reach 1:3000 when account equity is below $200. The stated limit falls as equity increases:

The Cent account offers leverage of up to 1:1000 at lower equity levels, with lower limits applied as the balance increases.

Separate maximums apply to certain asset classes:

• Metal derivatives: up to 1:500.
• Indices and energy derivatives: generally up to 1:200.
• US30, US100 and US500: up to 1:500.
• Cryptocurrency CFDs: up to 1:500.
• Share CFDs: up to 1:100.

FBS may reduce leverage because of account equity, position size, market volatility, weekend exposure or applicable regional requirements.

Margin Call, Stop Out and Negative Balance Protection

The international trading conditions state:

• Margin Call: below 40%.
• Stop Out: 20% or below.

Once the Stop Out level is reached, FBS may begin closing positions without the client’s prior approval.

The international entity states that negative balance protection applies to its accounts. Its agreement nevertheless includes an exception allowing the company to pursue a debt when it considers the client’s actions intentional.

Trading Instruments

FBS advertises access to more than 550 CFD instruments. The exact selection depends on the trading server, platform and contracting entity.

• major, minor and selected exotic currency pairs;
• gold, silver and other metal derivatives;
• oil and other energy CFDs;
• stock-index CFDs;
• share CFDs;
• cryptocurrency CFDs.

CFDs do not provide ownership of the underlying share, cryptocurrency or commodity. The client trades a contract whose value follows the price movement of the referenced asset.

Trading Platforms

MetaTrader 4

MetaTrader 4 supports technical indicators, Expert Advisors, automated strategies, pending orders and custom MQL4 tools.

MetaTrader 5

MetaTrader 5 provides additional timeframes and order types, an economic calendar, a multi-threaded strategy tester and the MQL5 development environment.

FBS App

The FBS App is the company’s current proprietary mobile platform. It supports account management, verification, deposits, withdrawals, charts, trading statistics and access to more than 550 instruments.

Older reviews may refer to FBS Trader. The current branded mobile product is the FBS App.

WebTrader

The browser-based platform allows users to monitor prices, view charts, place orders and manage positions without installing desktop software.

MT4 MultiTerminal

MT4 MultiTerminal is designed for monitoring and managing several MetaTrader 4 accounts through one Windows application.

Spreads and Trading Costs

FBS advertises floating spreads from 0.7 pips and commissions from 0% on its main international accounts.

The actual cost depends on the instrument and market conditions. Spreads can widen:

• during periods of low liquidity;
• at market openings and closings;
• around important economic announcements;
• during sharp increases in volatility;
• when a large order exceeds available liquidity.

Market execution also means that the final transaction price may differ from the requested price because of slippage.

Swaps and Swap-Free Accounts

Positions held overnight may be subject to swap charges based on the instrument and direction of the trade.

Swap-Free status is available for eligible accounts. A fixed weekly charge may apply to certain exotic instruments when a position remains open beyond the stated period.

The trading conditions prohibit using Swap-Free accounts solely for swap arbitrage or carry-trade exploitation. FBS may revoke the status and recalculate charges if it determines that the feature has been misused.

Deposits and Withdrawals

FBS advertises more than 200 international and local payment methods. The available selection depends on the client’s location and is displayed inside the Trader Area.

• bank cards;
• bank transfers;
• electronic payment systems;
• local payment providers;
• selected digital payment methods.

FBS may not charge an internal payment fee, but a bank, payment system or intermediary can impose its own charges.

Processing time depends on the selected method, verification status and any additional compliance checks. A payment should generally originate from an account held in the client’s own name.

Identity Verification

FBS applies Know Your Customer and anti-money-laundering procedures. Services are intended only for individuals who have reached the age of legal capacity in their jurisdiction.

The verification process may require:

• a passport or another government-issued identity document;
• a facial photograph or video verification;
• proof of residential address;
• information about the source of funds;
• documents related to a payment method.

Financial functions may remain restricted until the requested checks are completed.

What Happened to FBS CopyTrade?

FBS CopyTrade is no longer an active service. The company closed the application on September 22, 2022.

As part of the closure:

• new investments stopped being accepted;
• trade copying was discontinued;
• public strategies were removed;
• remaining balances were transferred to the main FBS Personal Area.

References to active FBS CopyTrade services in older reviews should be treated as historical information.

Bonuses and Promotions

Older offers such as a permanent $100 no-deposit bonus, fixed cashback or recurring trading contests should not be presented as standard 2026 conditions.

Current promotions may be limited by date, jurisdiction, legal entity and trading-volume requirements. Bonus funds may also be subject to withdrawal restrictions.

Demo Account

FBS offers a free demo account with virtual funds. It can be used to explore platform functions, charting tools, order types and the mechanics of margin trading.

An inactive demo account may eventually be archived, after which another demo account can be created.

Demo trading does not fully reproduce real slippage, changing liquidity, emotional pressure or the consequences of losing personal funds.

Education and Market Analysis

FBS provides:

• trading courses and educational articles;
• webinars;
• an economic calendar;
• market analysis;
• trading calculators;
• coverage of currencies, equities and commodity markets.

Educational and analytical materials are general information and do not account for an individual reader’s financial position or risk tolerance.

Regional Availability

FBS Markets Inc. does not provide international services in a number of countries and territories. The restriction list can differ between FBS Markets Inc., Tradestone Ltd and any other affiliated entity.

Access to the website or mobile application does not confirm account eligibility. Availability depends on residence, citizenship, documentation and the legal entity presented during registration.

The current status should be checked in the registration form, client agreement and official restricted-jurisdiction list.

FBS Advantages

• Brand history dating back to 2009.
• Separate international and European regulatory entities.
• MetaTrader 4 and MetaTrader 5.
• Current proprietary FBS App.
• WebTrader and MT4 MultiTerminal.
• More than 550 CFD instruments.
• Floating spreads advertised from 0.7 pips.
• Cent account when available.
• Support for Expert Advisors and automated strategies.
• Free demo account.
• Customer support available 24/7.

FBS Disadvantages and Risks

• The international company is regulated in Belize.
• Leverage of up to 1:3000 creates an extremely high level of risk.
• The Cent account may not be available to every client.
• Several older account types are no longer part of the main lineup.
• FBS CopyTrade has been discontinued.
• Spreads can widen considerably during volatile markets.
• FBS may adjust leverage and margin requirements.
• Terms and protections depend on the contracting entity.
• CFDs do not provide ownership of the underlying asset.

FBS User Reviews

Online reviews cover different time periods, account types and legal entities. Some comments refer to CopyTrade, Zero Spread, ECN, Pro, Crypto or the older FBS Trader application, none of which accurately represents the main current international offering.

When evaluating a review, relevant context includes:

• the publication date;
• the contracting company;
• the account type;
• verification status;
• the payment method used;
• supporting transaction records and correspondence;
• whether the complaint concerns a market loss or a service issue.

A single positive or negative review does not provide a complete assessment without supporting details.

FORECK.INFO Verdict

FBS remains a recognizable international forex and CFD brand with MetaTrader 4, MetaTrader 5, a proprietary mobile application and access to more than 550 instruments. The simplified Standard and Cent structure is clearer than the older lineup of multiple specialized accounts.

The main limitations are Belize regulation for international accounts, leverage of up to 1:3000, regional restrictions and the discontinuation of CopyTrade.

According to FORECK.INFO, the most important comparison points are the contracting legal entity, actual spread, margin requirements, payment rules and Stop Out conditions rather than the headline minimum deposit or maximum leverage.

Frequently Asked Questions

Is FBS regulated?

Yes. International services are provided by FBS Markets Inc., regulated by the Financial Services Commission of Belize under license 4077102. The European company Tradestone Ltd is regulated by CySEC under license 331/17.

What is the FBS minimum deposit?

The Standard account carries an advertised initial deposit from $5. The Cent account has a stated minimum of $1 when it is available.

Which FBS account types are currently available?

The current international documentation focuses on Standard and Cent accounts, together with demo accounts. Older Zero Spread, ECN, Pro and Crypto accounts should not be treated as the main current lineup.

What is the maximum FBS leverage?

Standard-account leverage can reach 1:3000 at lower equity levels. Cent-account leverage can reach 1:1000. Lower limits apply as equity increases and for specific asset classes.

What spreads does FBS offer?

FBS advertises floating spreads from 0.7 pips. Actual spreads depend on the instrument, liquidity and market conditions.

Is FBS CopyTrade still available?

No. FBS CopyTrade and its mobile application were discontinued on September 22, 2022.

Does FBS support MetaTrader?

Yes. FBS supports MetaTrader 4, MetaTrader 5, the FBS App, WebTrader and MT4 MultiTerminal.

Does FBS provide negative balance protection?

FBS Markets Inc. states that negative balance protection applies to its accounts, subject to exceptions contained in its legal agreements.

Does FBS offer Swap-Free accounts?

Swap-Free status is available for eligible accounts. Fixed weekly charges can apply to certain instruments held for an extended period.

Is an FBS demo account available?

Yes. FBS provides a free demo account with virtual funds for exploring supported platforms and trading functions.

Official Sources

• FBS legal documents
• Current FBS trading conditions
• FBS Markets Inc. Trading Conditions
• FBS Markets Inc. Terms and Conditions
• FBS Markets Inc. AML Policy
• MetaTrader 4
• MetaTrader 5
• FBS App
• FBS WebTrader
• Deposits and withdrawals
• FBS CopyTrade closure notice
• Tradestone Ltd regulation