FBS Review Summary | |
Founded | 1995 |
Registered Country/Region | Belize |
Regulation | ASIC, CySEC, FSC (Offshore) |
Market Instruments | Forex, metals, indices, energies, stocks |
Demo Account | ✅ |
Leverage | Up to 1:3000 |
EUR/USD Spread | Floating around 1.0 pips |
Trading Platform | FBS app, MT4 & MT5 |
Min Deposit | $1 |
Customer Support | 24/7 support |
Phone:+357 22 010970/+501 611 | |
Email: support@fbs.com | |
Online Chat, callback, Help Center | |
Social Media: Line, Telegram, WhatsApp | |
Regional Restrictions | USA, EU, UK, Israel, the Islamic Republic of Iran, Myanmar |
FBS Information
FBS is a regulated broker thatprovides various tradable instruments, including forex, metals, indices, energies, and stocks with leverage up to 1:3000, spread from 0.0 pips and commissions from 0%. It also offers different account types, including Cent, Mini, Standard, Zero Spread, and ECN account with minimum deposit requirement of just $1.
Pros and Cons
Pros | Cons |
Regulated | Offshore FSC license |
Demo/Islamic account available | Regional restrictions |
Leverage up to 1:3000 | |
Various trading assets | |
MT4/MT5 available | |
Low minimum deposit requirement | |
24/7 multi-channel cutsomer support |
Is FBS Legit?
FBS is regulated. These agencies and corresponding license numbers are ASIC: 462359, CSEC: 331/17, and offshore FSC: 000102/460. Regulated brokers are safer than unregulated ones, but investing is inevitably risky.
What Can I Trade on FBS?
Traders can invest in 550+ trading instruments, including forex, metals, indices, energies, and stocks.
Tradable Instruments | Supported |
Forex | ✔ |
Metals | ✔ |
Indices | ✔ |
Energies | ✔ |
Stocks | ✔ |
Cryptocurrencies | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
Account Type/Leverage/Spread
FBS has five types of accounts: cent, mini, standard, zero spread, and ECN. Mini, Standard, and Zero Spread accounts offer a maximum leverage of 1:3000. Traders who want to make a minimum deposit can choose to open a Cent account that is $1. If traders want low spreads and low leverage, they can choose to open an ECN account.
Account Type | Cent | Mini | Standard | Zero Spread | ECN |
Min Deposit | $1 | $5 | $100 | $500 | $1000 |
Max leverage | 1:1000 | 1:3000 | 1:3000 | 1:3000 | 1:500 |
Spread Type | Floating | Fixed | Floating | Fixed | Floating |
Min Spread | 1.0 pips | 3.0 points | 0.5 pips | 0.0 pips | -1 point |
Commission | ❌ | ❌ | ❌ | $20 | $6 |
Trading Platform
FBS has an authoritative MT4 and MT5 trading platform, favorited by traders ranging from junior to senior traders, and FBS also offers the proprietary trading platform FBS app. Traders can download the APK, as well as get on the APP store and Google Play.
Trading Platform | Supported | Suitable for |
FBS app | ✔ | / |
MT4 | ✔ | Beginners |
MT5 | ✔ | Experienced traders |
Deposit and Withdrawal
FBS says to accept 200+ payment methods, such as VISA and Mastercard, etc. (vary on the region). The minimum deposit is $5, and no commissions are charged.
Customer Support
Contact Options | Details |
Service Time | 24/7 |
Phone | +357 22 010970, +501 611 |
support@fbs.com | |
Online Chat | ✔ |
Callback | ✔ |
Social Media | Line, Telegram, WhatsApp, Facebook, Instagram, YouTube |
Supported Language | English |
Website Language | English |
Physical Address | / |