FBS review 2026

Our review is based on broker disclosures, regulatory records, platform research and available user information checked on 26 August 2026.

Is FBS regulated?

FBS lists its regulation as Financial Services Commission, Belize.

How safe is FBS?

The available evidence supports a cautious assessment. Positive factors include segregated client money, negative balance protection, audited accounts (Not prominently disclosed) and 17 years of operating history. Risk factors include licences only from offshore or light-touch jurisdictions and no compensation scheme. Regulation can improve oversight and complaint options, but it does not prevent trading losses or guarantee that every dispute will be resolved.

Client money is held separately from the firm's own money, at Multiple Tier-1 banks; individual banks not disclosed. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

No compensation scheme covers this entity. If the firm fails owing you money there is no statutory fund to claim against, and what you get back depends entirely on what administrators recover.

Licence information last checked 26 August 2026

FBS trading conditions

Trading conditions vary by account, platform, legal entity and client classification. The figures below reflect the latest information available to 88 Forex Brokers and should be confirmed before trading.

Spreads and commissions

FBS advertises spreads from 0.7 pips on Standard/live trading. The stated commission is $0 on standard current offering. Typical or live pricing may be higher than the advertised minimum, particularly outside liquid trading hours or during volatile markets.

Spreads from 0.7 pips suggest an all-in account, where the broker's fee is built into the price rather than charged separately. There is usually no commission on top, which makes the cost easier to predict.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

FBS lists a minimum deposit of $5. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Spread type

Floating

EUR/USD average spread

1.1 pips typical

GBP/USD average spread

Dynamic

Commission

$0 on standard current offering

All-in cost, EUR/USD

Approx. 1.1 pips typical

Leverage and margin

Maximum leverage is reported as 1:3000, although the available limit depends on the account entity, instrument, client classification and local rules. Higher leverage increases both potential gains and losses and can lead to rapid account depletion.

Execution model

FBS describes its execution model as Market execution. The available information indicates an average execution speed of From 0.01 seconds, order types of Market, limit, stop, stop-loss, take-profit, trailing stop and MetaTrader pending orders and servers in Global trading infrastructure. Execution labels are not standardised across the industry, so review the order-execution policy and conflict disclosures rather than relying on a single term.

Trading rules

Expert advisers

Yes

Copy trading

Not a core feature of the current global offering

Negative balance protection

Yes

Scalping, Hedging, Stop-out level and Guaranteed stop loss: the broker does not publish enough information for us to confirm this trading condition.

FBS account types

FBS offers 3 reported account types. Compare the minimum deposit, spread model, commission, platform and eligibility before choosing an account.

A short account range, which usually means less to get wrong - the pricing you are shown is close to the pricing you get.

Base currencies: Entity/account dependent. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Standard/live tradingSwap-FreeDemo

Minimum deposit

$5

Spreads from

0.7 pips

Commission

$0 on standard current offering

Maximum leverage

1:3000

Platforms

MetaTrader 4, MetaTrader 5, Proprietary platform

Base currencies

Entity/account dependent

Available markets

Forex, Metals, Commodities, Indices, Shares, Cryptocurrency CFDs

Minimum trade size

0.01 lots

Account opening time

Typically a few minutes, subject to verification

Demo account

A demo account is reported as available for testing the platform and practising with virtual funds. Demo pricing and execution may not match live conditions.

Islamic account

An Islamic or swap-free option is reported as available. Alternative charges, holding limits or eligibility conditions may apply.

FBS fees and trading costs

The total cost of trading can include spreads, commissions, overnight financing, currency conversion, deposit or withdrawal charges and inactivity fees.

Advertised spreads start from 0.7 pips, but typical pricing may be higher.

The reported trading commission is $0 on standard current offering.

Overnight financing applies to eligible positions at rates that can change.

The broker reports from $0 for deposits.

The broker reports from $0; payment-provider charges may apply for withdrawals.

The broker reports no inactivity fee.

A currency-conversion charge of Method/account dependent may apply.

Spreads from

0.7 pips

Commission

$0 on standard current offering

Overnight financing

Both: swaps may be charged or credited

Deposit fee

From $0

Withdrawal fee

From $0; payment-provider charges may apply

Inactivity fee

No standard inactivity fee prominently advertised

Currency conversion

Method/account dependent

Fees can change and may differ by entity, platform, account or payment method. Confirm the full schedule before opening or funding an account.

Trading platforms and apps

FBS supports MetaTrader 4, MetaTrader 5 and Proprietary platform. Availability can differ by account and legal entity.

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

MetaTrader 4MetaTrader 5Proprietary platform

Proprietary platform

Yes, FBS mobile trading functionality

Web platform

Yes

Mobile app

Proprietary plus MT4/MT5

Charting

MT4/MT5 indicator libraries and custom indicators

Third-party tools

MetaTrader 4, MetaTrader 5

Server locations

Global trading infrastructure

Automated and copy trading

The broker reports support for expert advisers and automated strategies. Automated strategies can fail, amplify losses or behave differently under changing market conditions.

The platform range is broad. Its main advantage is support for MetaTrader 4; the principal limitation is the absence of cTrader and TradingView.

Markets available through FBS

The broker reports access to 550+ instruments across forex, metals, commodities, indices, shares and cryptocurrency CFDs. Product availability depends on the account entity and platform.

Leverage up to 1:3000 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

The product range is strongest for forex, metals and commodities.

ForexMetalsCommoditiesIndicesSharesCryptocurrency CFDs

Markets, as published

Forex, Stocks, Indices, Metals, Energies, Cryptocurrencies

Total instruments

550+

Currency pairs

70+

Cryptocurrency CFDs

Yes

CFDs do not provide ownership of the underlying asset. Product terms, leverage and trading hours vary by market.

Deposits and withdrawals

Available funding methods include Bank transfer, Visa/Mastercard, Skrill, Neteller and extensive regional payment methods. Processing times, limits, fees and availability vary by country, currency and account entity.

Withdrawals are stated at Instant automated withdrawals available on supported methods, against Many electronic methods instant for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: bank transfer, cards, e-wallets and local methods. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

Identity, payment ownership and source-of-funds checks may be required before a withdrawal is processed.

Deposit methods

Bank transfer, Visa/Mastercard, Skrill, Neteller and extensive regional payment methods

Withdrawal methods

Bank transfer, cards, e-wallets and local methods

Deposit time

Many electronic methods instant

Withdrawal time

Instant automated withdrawals available on supported methods

Deposit fee

From $0

Withdrawal fee

From $0; payment-provider charges may apply

Minimum withdrawal

Not confirmed

Local payment methods

Extensive, with 200+ global/local methods

View withdrawal complaints about FBS

Use a payment method held in your own name. The broker may reject third-party payments or require withdrawals to follow the original funding route.

Customer support

FBS provides support through Live chat, email, callback, Help Centre during 24/7. Supported languages include Multilingual.

Support runs 24/7. Round-the-clock cover matters more than it sounds: a position held over a weekend or through an unexpected halt is exactly when you need somebody to answer.

Reachable by live chat, email, callback, help centre. A published telephone number is the one channel that is hard to fake and hard to ignore, so whether there is one says more than the number of channels does.

Languages: Multilingual. Being able to raise a complaint in your own language is worth more than it appears, because complaints are where precision matters most.

Education: extensive: courses, tutorials, webinars, trading guides and educational articles. Treat broker-published material as an introduction rather than as advice - it is produced by a firm whose revenue rises when you trade more.

Support channels

Live chat, email, callback, Help Centre

Support hours

24/7

Languages

Multilingual

Telephone

+501 611 0594; +357 22 010970

Email

support@fbs.com

Live chat response

Under 1 minute advertised

Research and market analysis

Market analysis, trading ideas, news and technical/fundamental commentary

Education

Extensive: courses, tutorials, webinars, trading guides and educational articles

Is FBS a good broker?

Your decision should reflect your country, experience, preferred platform, trading costs and tolerance for financial and counterparty risk.

FBS is best considered by

• Traders who want a small first deposit
• Traders who want automated strategies
• Traders who want MetaTrader
• Traders who want high leverage

Consider another broker if

• You require copy trading
• You require a compensation scheme

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