A Comprehensive Look

Established in 2009, FBS stands as a versatile broker, catering to varying trading preferences and needs. Best suited for traders seeking a mix of accessibility and reputable services, FBS extends opportunities for traders to exploit dynamic financial markets efficiently. The firm’s offerings are comprehensive, yet user-friendly, making it a feasible choice for both novice and seasoned traders.

Expert Reviewer Verdict

FBS emerges as a compelling option for traders, with its platform being notably user-centric and cost-effective. Serving over 27 million traders from 150 countries, FBS is characterized by its simplicity and direct approach to trading, devoid of unnecessary complexities.

The broker boasts competitive spreads, starting from 0.5 pips, presenting a significant advantage for traders mindful of cost. The platform’s intuitive design is a boon for traders, both novice and experienced, seeking seamless navigation.

Moreover, the security provided through stringent regulatory compliance affords clients reassurance, reinforcing FBS’s commitment to maintaining high standards of trust and integrity in its operations.

Pros and Cons


  • $5 Minimum Deposit
  • 27+ Million Users
  • 24/7 Customer Service
  • Wide Range of Trading Instruments


  • No ETF Trading

Trust and Safety

Security Assurance

The integrity and security of a broker are paramount in the decision-making process for traders. FBS holds its ground in terms of safety, diligently adhering to rigorous regulations and deploying robust measures for fraud prevention and the security of client funds.

Regulation: Companies operating under FBS are regulated under the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Financial Services Commission (FSC) of Belize. By aligning with the standards and operational guidelines stipulated by these bodies, FBS demonstrates a commitment to maintaining transparency and ethical practices, giving clients a layer of assurance regarding the broker’s reliability.

Fraud Prevention: FBS utilizes state-of-the-art encryption technologies to safeguard sensitive information and financial transactions, establishing a secure trading environment. Enhanced authentication processes are incorporated to deter unauthorized access.

Client’s Fund Security: The broker practices the segregation of accounts, ensuring clients’ funds are kept distinct from the company’s operational funds. This separation guarantees the safety of clients’ capital, preventing the utilization of these funds for any other operational needs and securing them against any unexpected organizational predicaments.

Regulatory BodyStatus

Tradable Instruments

A Diverse Portfolio for Varied Interests

FBS furnishes an extensive array of tradable instruments, catering to a multitude of trading preferences and tactics, covering a variety of asset classes.

The platform primarily emphasizes Forex trading, featuring a comprehensive list of currency pairs including major, minor, and exotic pairs. This diverse offering makes FBS a favorable option for those with a keen interest in forex trading. FBS also extends opportunities for trading CFDs on commodities, accommodating those who prefer to deal with tangible goods like precious metals and energies.

Furthermore, for those with a proclivity towards trading in the dynamic world of cryptocurrencies, FBS provides access to CFDs on cryptocurrencies like Bitcoin, Ethereum, and Litecoin. However, it’s pertinent to note that FBS does not extend opportunities for trading in ETFs, bonds, or options, which may limit options for those looking to diversify their portfolio in these areas.

Trading InstrumentAvailable

Account Types

Offering a Comprehensive and User-Centric Experience

FBS provides a Standard account. A notable feature is the availability of a demo account, allowing traders to practice and refine their strategies in a risk-free environment, reflecting FBS’s commitment to user-centric learning experiences.

FBS ensures its offerings are inclusive by providing Islamic accounts in compliance with Sharia law and adhering to the principles of fairness and transparency. However, traders looking for managed account options need to consider alternative brokers, and FBS’s services are not available to US traders due to regulatory constraints.

Account TypeAvailable

Commission and Fees

Low Cost and Transparent

FBS is renowned for its transparent and competitive fee structure, enabling traders to operate with a clear understanding of costs involved.

Account Minimum

With a minimum deposit of 5$, FBS has a low entry barrier, accommodating a wide range of traders.

Trading Fees

FBS applies trading fees and spreads, specifically in the form of swaps. These fees, commonly known as overnight financing costs, are incurred when positions are held overnight.

Account Fee

FBS does not impose any account maintenance fees.

Inactivity Fee

No inactivity fee levied.

Deposit Fee

FBS doesn’t charge any fees for deposits. Any associated fees would be imposed by the bank. For more information, please visit their website.

Withdrawal Fee

FBS doesn’t charge any fees for withdrawals. Any associated fees would be imposed by the bank. For more information, please visit their website.

Currency Conversion Fee

FBS charges a nominal fee for currency conversions, vital for traders whose account base currency is different from their trading currency.

Guaranteed Stop Order Fee

FBS does offer guaranteed stop-loss orders, ensuring added protection during unforeseen market fluctuations, and these may incur additional fees.

Trading Platforms

Tailored Solutions for Varied Trading Needs

FBS offers a suite of trading platforms, including the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5), catering to different trading strategies and preferences. These platforms are acclaimed for their sophisticated charting tools, user-friendly interface, and support for algorithmic trading, serving a broad spectrum of traders effectively.

Mobile Trading Apps

FBS provides access to mobile trading applications for MT4 and MT5, compatible with both Android and iOS devices, enabling traders to execute trades, analyze charts, and utilize technical analysis tools on the move with ease.

Web Trading Apps

FBS allows traders to access MT4 and MT5 directly from their browsers through web applications, eliminating the need for additional software installations.

Desktop Trading Apps

FBS avails platform versions for Windows and Mac desktops, ensuring a comprehensive trading experience.

Trading PlatformAvailable
Desktop and Web PlatformAvailable
Mobile PlatformAvailable

Unique Features

Crafted to Accommodate Diverse Trading Enthusiasts

FBS distinctively incorporates a myriad of innovative features on its platform, each structured to enrich the trading journey by conferring insights into market trends and offering valuable tools that enhance decision-making.

The platform integrates push notifications meticulously to keep traders abreast with critical market shifts and variations in account status, enabling traders to respond swiftly to emerging opportunities and changes in market conditions. These notifications are customizable, allowing traders to tailor them to suit their preferences and trading requirements.

FBS also embeds trend exploration tools and instrument-specific insights, offering a more profound understanding of market behaviors and allowing traders to fine-tune their strategies according to prevailing market trends. Additionally, the comparative analysis of users’ trading behaviors available on the platform sheds light on trading practices, empowering traders to reflect on their strategies and optimize them for better outcomes.

By amalgamating these distinctive features, FBS aspires to not just facilitate a seamless trading experience but to also serve as a companion in the traders’ journey, offering insights, learning, and adaptability in the ever-evolving trading landscape.

Research and Education

Diverse Educational Portfolio

FBS puts forth a strong effort in delivering an extensive range of educational and research materials, fostering a learning environment, although there remains a scope for refinement and augmentation in alignment with the industry leaders.

Learning Center Overview: FBS houses a comprehensive learning center enriched with diverse educational content such as video tutorials, webinars, and textual guides focusing on crucial trading concepts and strategies.

Educational Content Comparison: FBS’s educational content resonates well with industry norms, embracing essential subjects like forex fundamentals, technical analysis, and risk mitigation, but a deeper exploration into advanced topics by industry pioneers would be beneficial.

Progress in Education: FBS has demonstrated a consistent commitment to enhancing its educational repository, with a heightened focus on interactive and engaging learning methodologies, signifying its dedication to trader education.

Content Sources: FBS circulates authentic content developed by internal specialists, guaranteeing precise and pertinent trading information, along with insightful market analysis.

Areas for Improvement: FBS could further sophisticate its educational suite by introducing more intricate topics and exhaustive market scrutiny methodologies, tailored for both novices and experienced traders.

Video Focus: While FBS does offer a variety of video content, the incorporation of a wider array of subjects and more nuanced discussions could substantially elevate the video-based learning experience.

Customer Support

Comprehensive and Multifaceted

FBS prides itself on delivering exemplary customer support, marked by its responsiveness and versatility.

FBS addresses customer concerns via several channels like live chat, email, and phone support, ensuring accessibility and efficient resolution.

The accessibility of customer support seems to extend beyond the standard business hours, providing convenience to international traders.

In addition, FBS hosts a detailed FAQ section on its website, offering extensive insights on frequent inquiries concerning trading, account operations, financial transactions, and more.

  • Standard Hours Accessibility: Provides 24/7 support
  • Extended Hours Accessibility: Available (Exact hours not explicitly stated)
  • Multi-Channel Support: Live chat, Email, Phone
  • Supplemental Information: FAQ section available on the website

Account Opening

Efficient and User-Friendly

Creating an account with FBS is a streamlined and intuitive process.

Registration: The journey begins with a simple registration form on the FBS website or app, requiring applicants to enter basic information like name, email, and contact number.

Verification: Post-registration, a prompt email and phone number verification are essential to proceed.

Detailed Inquiry: Subsequently, applicants need to furnish additional data, including date of birth, residential particulars, and a brief on their trading acumen.

Document Submission: In compliance with regulatory mandates, the last step involves uploading pertinent identification and address proof documents.

Given that all requisite documents are at hand, prospective clients can wrap up the application process promptly, typically within a day. FBS imposes a mandatory minimum deposit of $5 to inaugurate an account (or $200 for the Pro account), making it a competitively advantageous choice for newcomers and seasoned traders alike.

Deposit and Withdrawals

Efficient and Versatile

FBS facilitates smooth and diverse deposit and withdrawal options.

Deposits: FBS accommodates deposits via multiple avenues including credit/debit cards and e-wallets such as Skrill and Neteller. FBS prides itself on not levying any deposit fees, although additional charges might be incurred from payment providers. With a welcoming approach, FBS keeps its minimum deposit threshold relatively low, enabling traders of varied financial capabilities to engage.

Withdrawals: Consistency is maintained as withdrawals are enabled through the aforementioned payment mediums, ensuring seamless transactions for users. Withdrawals are usually concluded within one minute, while processing takes up to 4 days. While FBS refrains from applying withdrawal fees, external charges may arise in accordance with the chosen payment provider’s terms.

In essence, FBS has optimized the deposit and withdrawal mechanism, emphasizing convenience and efficiency and abstaining from unwarranted fees, thus ensuring a customer-friendly transaction environment.

Final Thoughts on

FBS emerges as a compelling choice with its diverse trading instruments, intuitive platforms, and efficient customer support. The broker’s commitment to offering low minimum deposits, competitive spreads, and an array of educational materials makes it an accessible and attractive option for traders of varying experience levels. However, it’s pivotal to acknowledge that FBS may have limitations in offering certain trading instruments.

While FBS showcases many admirable qualities, it’s crucial for potential users to conduct meticulous research before opting to trade with them. Evaluating one’s trading requirements, preferred strategies, and risk acceptance is essential. The aptness of a broker is predominantly subject to individual trading inclinations and objectives.

Contact Info

laptopWebsite: www.fbs.com

laptopEmail: [email protected]

callTelephone: +357 22 010970.

location_onCompany Address:
9725, Fabers Road Extension, Unit 1, Belize City, Belize.


  • Question: Is FBS regulated?Answer: Yes, companies operating under FBS are regulated by the Financial Services Commission (FSC) of Belize, Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC), assuring traders of adherence to stringent financial standards and transparent and ethical operations.
  • Question: What kind of trading platforms does FBS offer?Answer: FBS provides traders with access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are suitable for varying trading preferences and styles. These platforms are available across various devices, including desktops and mobile devices, enabling versatile trading experiences.
  • Question: What types of accounts does FBS provide?Answer: FBS offers a Standard account only.