FBS Review – Forex Broker Profile

Fact-checked by the ForexAllNews team

FBS

4.0/ 5
  • Websitefbs.com
  • Skype+230 403 4437
  • Fax+230 403 4437
  • Emailsupport@fbs.com
  • Telephone
    Phone
    +230 403 4437
Max leverage1:400
Min. deposit$1
Spreads from0.01
RegulatorCySEC

FBS key facts

Regulated by
Regulated by IFSC/60/292/TS/15 and Cyprus Securities and Exchange Commission (CySEC)
Headquarters
Suite 5, Garden City Plaza, Mountain View Boulevard, BELMOPAN, Belize, C. A.
Founded
2009
Minimum deposit
$1
Leverage
Up to 1:400
Base currencies
USDEURTHB

FBS trading conditions

  • Minimum spreads0.01
  • Trading platformMetaTrader4, MetaTrader5, Multi Terminal, Mobile Trading, and More
  • Web tradingYes
  • Hedging & scalping—
  • News tradingYes
  • Mobile trading—

What is FBS?

FBS trading conditions: leverage up to 1:400, spreads from 0.01, $1 minimum deposit MAX LEVERAGE1:400 SPREADS FROM0.01 MIN. DEPOSIT$1
FBS headline trading conditions at a glance.

FBS is a forex and CFD broker, listed with a foundation year of 2009. It offers leverage up to 1:400, spreads from 0.01 and a minimum deposit of $1. Clients trade on MetaTrader4, MetaTrader5, Multi Terminal, Mobile Trading, and More.

FBS is an online trading broker that trades on  Forex, Metals, Indices, Energies, Stocks, Forex Exotic, and Crypto. There are so many trading instruments this broker provides. Besides providing trading services, this broker is also providing Education to its clients. They provide tips for traders, Forex Guidebook, Webinars, Video Lessons, Seminars, and Glossary. This is very valuable knowledge for newbie traders.

FBS has six types of accounts for its clients. Clients can choose any of these accounts according to their trading desires and investment capabilities. These six accounts are named Cent Account, Micro Account, Standard Account, Zero Spread Account, ECN Account, and Crypto Account. The accounts are described below:-

  • Cent Account:- This account starts with a $1 minimum deposit or initial deposit. The commission on this account is $0. The maximum leverage in this account is 1:1000. The spread in this account is floating from 1.0 pips. 
  • Micro Account:-  This account starts with a $5 minimum deposit. It has a fixed spread from 3.0 pips. It is a zero commission account and the maximum leverage in this account is 1:3000. 
  • Standard Account:- This account requires a $100 minimum deposit to start. It has a floating spread starting from 0.5 pips. The maximum leverage in this account is 1:3000. It is also a zero commission account.
  • Zero Spread Account:- This account starts with a $500 minimum deposit. It has a fixed spread of 0.0 pips. The maximum leverage in this account is 1:3000. The commission in this account is $20 per lot. 
  • ECN Account:- The initial deposit of this account is $1000. It has a floating spread starting from 1.0 pips. The commission in this account is $6. The maximum leverage in this account is 1:500.
  • Crypto Account:- The initial deposit of this account is starting from $1. It also has a floating spread starting from 1.0 pips. The maximum leverage on this account is 1.5. It has a commission of 0.05% for opening and 0.05% for closing positions.

Is FBS safe and regulated?

FBS is regulated by Regulated by IFSC/60/292/TS/15 and Cyprus Securities and Exchange Commission (CySEC). This is a tier-1 regulator with strict capital rules, segregated client funds and, in many cases, an investor compensation scheme.

Safety checklist before you deposit

  • Find the licence number on the broker's website and check it on the regulator's official register.
  • Check that client funds are held in segregated bank accounts.
  • Make a small first deposit and test a withdrawal before you add more.
  • Confirm negative balance protection applies to your account type.

FBS account types

The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $1 minimum deposit.

FBS account options
AccountBest forAvailable
Mini accountBeginners trading small lot sizesYes
VIP accountHigh-volume traders wanting raw spreadsYes
Islamic (swap-free)Traders who need no overnight interestNo

Trading platform and conditions

FBS provides MetaTrader4, MetaTrader5, Multi Terminal, Mobile Trading, and More, so you can trade from any browser without installing software.

  • News trading is allowed during high-impact economic releases.
  • Spreads from 0.01 are available on raw pricing, with a commission per lot.
  • Leverage up to 1:400 gives large position sizes from a small deposit, which also raises the risk of fast losses.

Deposits and withdrawals

FBS supports 7 funding methods, including Wire Transfer, Credit Card, Debit Card, Perfect Money, WebMoney, Neteller and more. Accounts can be held in 3 base currencies (USD, EUR, THB), which helps you avoid conversion fees.

FBS bonus: <p>&nbsp;<a href="https://ad.doubleclick.net/ddm/clk/446642078;254913358;q">$100 Forex No Deposit Bonus</a>&nbsp;and&nbsp;<a href="https://ad.doubleclick.net/ddm/clk/450942361;254913358;j">100% Deposit Bonus</a></p>

How the promotion works

The current FBS promotion is <p>&nbsp;<a href="https://ad.doubleclick.net/ddm/clk/446642078;254913358;q">$100 Forex No Deposit Bonus</a>&nbsp;and&nbsp;<a href="https://ad.doubleclick.net/ddm/clk/450942361;254913358;j">100% Deposit Bonus</a></p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the FBS website before you trade for it.

Check the promotion

Looking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.

FBS pros and cons

Pros

  • Raw spreads from 0.01
  • News trading allowed
  • VIP and Mini accounts
  • 7 deposit methods
  • Low minimum deposit of $1
  • Regulated by a tier-1 authority

Cons

  • No Islamic account listed

How to open a FBS account

  1. RegisterVisit the FBS website and sign up with your name, email and phone number.
  2. Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
  3. Choose an accountPick VIP, Mini or a standard account, and your base currency.
  4. Fund the accountDeposit at least $1 with Wire Transfer, Credit Card, Debit Card or another method.
  5. Start tradingLog in to MetaTrader4, MetaTrader5, Multi Terminal, Mobile Trading, and More and set your risk per trade.

Is FBS a good broker? Our verdict

FBS suits traders who want a straightforward account, plus a wide choice of payment methods. Its tier-1 regulation adds a strong layer of client protection. Start small, test a withdrawal, and only trade money you can afford to lose.

FBS FAQ

Is FBS a regulated broker?

Yes. FBS is regulated by Regulated by IFSC/60/292/TS/15 and Cyprus Securities and Exchange Commission (CySEC). This is a tier-1 regulator with strong client protection.

What is the minimum deposit at FBS?

The minimum deposit is $1. You can fund your account with Wire Transfer, Credit Card, Debit Card, Perfect Money and more.

What is the maximum leverage at FBS?

FBS offers leverage up to 1:400. High leverage increases both potential profit and potential loss, so use a stop-loss and small position sizes.

Does FBS offer an Islamic account?

No. Our profile does not list an Islamic swap-free account for FBS.

Does FBS have a bonus?

The current promotion is <p>&nbsp;<a href="https://ad.doubleclick.net/ddm/clk/446642078;254913358;q">$100 Forex No Deposit Bonus</a>&nbsp;and&nbsp;<a href="https://ad.doubleclick.net/ddm/clk/450942361;254913358;j">100% Deposit Bonus</a></p>. Read the full terms on the broker's website before you trade for it. Check our forex no deposit bonus page for more free offers.

Where is FBS located?

The head office is at Suite 5, Garden City Plaza, Mountain View Boulevard, BELMOPAN, Belize, C. A.

Can I scalp and hedge with FBS?

Scalping and hedging are restricted, and news trading is allowed too.

Which trading platform does FBS use?

FBS offers MetaTrader4, MetaTrader5, Multi Terminal, Mobile Trading, and More.

Write a FBS Review

Risk warning: CFDs and leveraged forex are complex instruments with a high risk of losing money quickly. Make sure you understand how they work and whether you can afford the risk. ForexAllNews may earn a commission from links on this page; this does not change our review.