Author:

Thomas Wallace's avatar

Thomas Wallace

Last update:

2025/10/17

Forex risk disclaimer:

Trading forex and CFDs carries a high level of risk!

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FBS Review 2025

Country:

Myanmar

Year: 2009

Leverage: Up to 1:3000

Deposit: From 5 USD

Spread: Low

Broker type: MM, STP

Website
Regulated

Regulation type:

FSC (Belize), CySEC (Cyprus), ASIC (Australia)

Rating:


Offices: Belize (Headquarters), Cyprus, Australia

Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), FBS Mobile App (iOS and Android)

Instruments: Forex, Precious Metals, Indices, Commodities, Stocks

Payment Methods:

General Overview

FBS is a well-known online broker that lets people trade in global financial markets. It was built to make trading available in many countries. Over time, FBS has grown in its number of clients, its technology, and the range of things you can trade. It has earned a solid reputation by offering good trading conditions, several account types, easy-to-use platforms, and learning tools for both beginners and experienced traders. The broker also focuses on fast trade execution, flexible leverage, and various promotions for traders who want extra perks. With a worldwide reach, FBS supports many trading styles—short-term trades, scalping, and long-term positions.

In this review, we cover FBS’s trust and safety rules, fees, deposit and withdrawal methods, the assets you can trade, the trading platforms, and the different account types. We also look at its education materials, explain how customer support works, and evaluate its promotions and bonuses. By the end, you should understand how FBS operates and decide if it fits your trading goals.

Pros

  • Ultra-high leverage available (up to 1:3000)
  • Tiny starting deposit ($5 minimum)
  • Many funding options
  • Round-the-clock multilingual support
  • Robust educational library

Cons

  • Unavailable in the USA, UK, Canada, and Japan
  • Index spreads tend to be higher than rivals
  • Limited access to real stocks, ETFs, options, and many cryptocurrencies

Trust and Safety

Regulations: FSC (Belize), CySEC (Cyprus), ASIC (Australia)

FBS focuses on giving traders a stable, safe place to trade. It uses several protections: keeping client money in separate accounts, working under known regulators, and following strict internal rules that support global standards and transparency. FBS also protects user data with encryption and strong privacy policies. In addition, it offers risk-management tools and education to help traders use careful, secure trading methods—showing its commitment to reliability and safety.

Beyond the tech safeguards, FBS promotes ethical business practices and puts client interests first. It keeps company funds separate from client deposits and follows financial authority requirements, which builds stability and trust. Independent audits review its operations regularly. Together, these steps show FBS’s dedication to industry standards and to running a clear, long-term trading platform.

Is FBS Regulated?

Yes—depending on which FBS entity you use. The global arm (FBS Markets Inc) has been overseen by Belize’s IFSC, while the European arm (FBS EU) is regulated by Cyprus’s CySEC. These licenses require strong capital, regular reporting, and segregated client funds. Working under these regulators helps FBS follow widely accepted rules that protect client money and support fair markets.

Is FBS Safe?

To judge safety, traders look at regulation, how funds are protected, and overall reputation. FBS is monitored by multiple regulators, keeps client money in segregated accounts, and uses modern data security like SSL encryption to protect personal and payment info. Given its years in business and generally positive reviews, FBS is often seen as a relatively reliable choice for online trading. Still, always do your own research and remember that trading financial instruments carries risk.

Trading Platforms

MetaTrader 4 (MT4) | MetaTrader 5 (MT5) | FBS Mobile App (iOS and Android)

Visit Platforms

FBS accommodates a broad range of user preferences by offering a choice of platforms, each complete with comprehensive analytical functionalities and the ability to use automated strategies. Among these, the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) systems remain especially well-regarded, prized for their reliability, charting extensiveness, and coding capabilities for custom indicators or automated trading algorithms. FBS also strives to ensure rapid and stable order execution, helpful for those who capitalize on ephemeral price variations. Multi-device compatibility—covering desktop, web-based interfaces, and mobile apps—enables traders to oversee their portfolios consistently, independent of location.

In the competitive landscape of modern trading, response times can be a deciding factor in capturing or missing profitable moments. Both MT4 and MT5 come furnished with one-click order placements and features that reduce the chance of slip-ups. Furthermore, advanced script-writing options permit adept coders to programmatically implement distinctive tactics, inclusive of complex hedging or multi-instrument approaches. By providing these functionalities, FBS equips clients with the necessary tools for progressive trade management.

MetaTrader 4

MetaTrader 4, commonly called MT4, remains a mainstay for currency traders, lauded for its reliably stable infrastructure and broad selection of built-in indicators. On FBS’s MT4, trades can be performed speedily, resulting in decreased odds of re-quoting. The interface merges a straightforward layout with advanced customizability, ensuring both beginners and established traders can easily adopt the platform. Expert Advisors prove essential for those aiming to automate their strategies, allowing them to trade around the clock with minimal direct intervention.

MetaTrader 5

MetaTrader 5 (MT5) extends the MT4 experience, offering significantly enhanced capabilities including an expanded variety of timeframes, robust order management functions, and a broader instrument range. This is advantageous for users wishing to branch into equities or other assets outside forex. With FBS, the MT5 program benefits from enhanced execution speeds and a more modern interface. It also introduces added technical concepts, like the capability to perform partial order fills, assisting refined trade management.

FBS Trader App

For those who prefer a mobile-oriented solution, the broker’s proprietary FBS Trader App is crafted to be user-friendly and quick to navigate. Pricing for numerous assets updates live, and the included charting suite helps users make timely decisions. As a light alternative to the heavier desktop clients, it is well-suited to individuals who must respond to the market while traveling or want a simplified interface for placing or closing trades. Although advanced features found in MT4 or MT5 might be reduced, the essential functionalities remain intact.

Tradable Instruments

Instruments: Forex, Precious Metals, Indices, Commodities, Stocks

FBS supports trading across a range of asset classes, encouraging diversification. This includes forex, commodities, indices, and stocks, giving traders the chance to act in multiple market zones. Offering such diversity is an effective method to distribute risk, as gains in one market can counteract potential dips in another. Traders might leverage fast-moving currency markets or adopt longer horizons in other asset types, all under a single broker arrangement.

Holding multiple instruments in the same place also simplifies the logistical aspects of trading. There is no need to open extra accounts with numerous institutions for different markets; FBS unifies them, facilitating a consolidated vantage point on positions and exposure levels. This approach can help traders quickly pivot among forex pairs, metals, energy commodities, and stock CFDs, adjusting to fleeting opportunities and adopting strategies that span multiple segments.

Forex

Foreign exchange is a prime feature at FBS, letting account holders engage with an extensive roster of currency pairs. Favorites such as EUR/USD or GBP/USD come with appealing spreads and favorable liquidity. But if risk-tolerant individuals want more volatility, minor or exotic pairs are also available, albeit with generally higher costs. This range accommodates both methodical traders concentrating on macroeconomic moves and short-term scalpers looking for small price variances.

Metals

FBS’s metals category includes precious assets like gold and silver, exchanged as CFDs. These may be viewed as havens during troubled economic phases, so their prices can pivot notably in response to broader financial sentiment. Gold, for example, might track inflation or interest rate updates. Trading such metals can be profitable for those who accurately interpret global monetary shifts, though large volatility levels make robust risk management vital.

Energies

By featuring oil (both WTI and Brent) and natural gas, FBS accommodates traders who wish to speculate on energy price patterns. Supply adjustments, worldwide political environments, or OPEC decisions can all transform these markets quickly, leading to dramatic swings. Traders who rely on news or fundamental catalysts could discover abundant scenarios here, but applying prudent position sizing is crucial, given the potential for rapid fluctuations.

Indices

Indices let traders follow the general performance of combined stocks within a specific economy or region. FBS presents popular stock indices from multiple continents, enabling speculation on broader market sentiment. Investors choose indices for more balanced exposure to the market as a whole rather than putting full emphasis on a single corporation. Nevertheless, major macroeconomic events like interest rate changes or political developments can still heavily impact these aggregated values.

Stocks

FBS’s stock CFD selections feature various prominent firms from around the globe, granting traders the means to respond promptly to brand-specific news without purchasing actual equity. By opening long or short CFD positions, users can target potential earnings whether share prices rise or drop. Nevertheless, caution is advised regarding wider spreads or additional costs, such as overnight swap fees, particularly for multi-day holds.

Account Types

Mirroring the diversity in trader experience and strategy preference, FBS supplies several account styles. Every account type includes unique variables like minimal deposit amounts, maximum leverage, default spreads, and any applied commissions. Choosing the best account format is a significant decision, shaping total trading expenditures, speed of execution, and overall user experience. FBS meets the needs of beginners, traders seeking more customary terms, and advanced market participants, some accounts featuring no spread plus a preset commission. For more details, prospective users can check how opening an account operates, ensuring they make the most fitting pick for their goals.

Individuals prioritizing frequent short-term orders often look for the lowest possible spreads or precise cost structures, while those trading over extended periods might lean toward simpler fees or more stable pricing. Assessing the margin policies, typical throughput, and potential overhead for each account type is vital to align trading activities with personal aspirations. Moreover, FBS proposes a direct sign-up path, with the possibility to adjust accounts later if conditions or capital allotment shift, mindful that certain verification checks may apply.

Cent Account

The Cent Account aims to accommodate individuals looking to risk a minimal amount. Balances are recorded in cents, facilitating a realistic exploration of the trading ecosystem while risking modest sums. Even though the spreads can be higher, the smaller minimum deposit merges well with the learning phase, making it a good alternative for those moving from demos to tangible markets.

Micro Account

Working as another stage for participants who have concluded trial trading, the Micro Account maintains a relatively low deposit threshold and relies on fixed spreads. This clarity in transaction costs can be a favorable aspect for users still learning how the real market moves. By bypassing variable spreads, novices can better grasp how entry and exit positions influence overall trade profitability.

Standard Account

A recognized staple, the Standard Account suits intermediate-level traders comfortable with dynamic spreads and moderate capital availability. It usually enforces no specific commission fees and covers a broad range of instruments. From scalp trades to swing strategies, many styles prove feasible. Consequently, the Standard Account is a widely chosen solution for traders who have started to evolve beyond their earlier, more restricted accounts.

Zero Spread Account

Designed for traders that benefit from exact knowledge of transaction expenses, the Zero Spread Account advertises spreads very close to zero on significant currency pairs, balanced by a consistent commission rate per lot. Scalpers or those opening frequent positions can predict their cost burden effectively. To ascertain total expenditure, one simply cross-references the commission cost, which can be simpler than factoring in spread fluctuations.

ECN Account

Aimed at serious and professional traders, the ECN Account directly taps interbank liquidity, offering near-raw spreads that may be significantly tight. A commission replaces the spread markup. This account type generally entails higher starting deposits and demands greater awareness of how the markets shift, but for high-volume participants or those who prefer direct market execution, the ECN model stands out for its swift trade matching and minimal spread expansions.

FBS Leverage

FBS may propose extremely high leverage levels—potentially up to 1:3000—on select accounts and instruments, although such ratios are not permissible in stricter regulatory domains such as the EU. Though increased leverage amplifies possible earnings, it similarly magnifies the chance of steep losses if things go awry. Prudent usage of stop-loss orders, consistent position monitoring, and correct sizing remain key for managing the incremental dangers posed by high leverage.

Deposits and Withdrawals

FBS serves an expansive user base internationally, furnishing a wide array of ways to move money in and out, such as traditional bank transfers, debit and credit cards, and different e-wallet systems. A prime goal is ensuring minimal wait times, so people can fund their balances rapidly or retrieve their earnings with little hassle. Timelines and any fees depend on which payment channel is employed, the base currency linked to the account, and the region of the trader. Moreover, passing verification (KYC checks) accelerates procedures and supports security requirements.

To bolster straightforward transaction records and reduce fraudulent usage, FBS strongly advises utilizing the same method for both deposits and withdrawals. Still, each payment avenue may maintain particular stipulations, including permitted jurisdictions or varying currency possibilities. Maintaining one’s verification documents ready can help reduce any hold-ups whenever withdrawals are initiated. This step is especially critical for users hoping for quick profit transfers or who intend to relocate their funds on short notice.

FBS Deposit Options and Fees

Below is an illustrative table of certain leading methods used to deposit with FBS, detailing possible charges and estimated durations. Actual specifics could shift, contingent on both location and the chosen account variant:

Deposit Method Processing Time Possible Fees Minimum Deposit
Bank Wire Transfer 2-5 business days May vary by bank Varies
Credit/Debit Card Instant or up to 24 hours Possible small percentage fee $10 - $100
E-wallets (e.g., Neteller, Skrill) Instant or up to 24 hours Often zero fees, but can vary $1 - $10
Local Payment Solutions Instant to 48 hours Varies by provider Varies

It is not unusual for FBS to drop deposit fees for designated methods. Nonetheless, it is wise to confirm the existing rules before transferring any funds. In certain locales, exclusive promotional offers can momentarily reduce or abolish extra transaction costs, making the process more cost-effective. Keeping up with posted updates can prove beneficial in seizing these deals.

FBS Withdrawals Options and Fees

Withdrawals at FBS largely mirror deposit channels. The broker recommends following the same approach when depositing and withdrawing in order to keep finances transparent. The subsequent table represents standard withdrawal choices and any corresponding expenses:

Withdrawal Method Processing Time Fees Minimum Withdrawal
Bank Wire Transfer 2-5 business days Bank-dependent fee $50 - $100
Credit/Debit Card 24-48 hours Small percentage fee or fixed fee $10
E-wallets (e.g., Neteller, Skrill) Instant to 24 hours Possible minimal fee $1 - $10
Local Payment Solutions Up to 48 hours Varies by provider Varies

FBS usually deals with withdrawal applications swiftly as soon as it clears internal checks, though external providers or geographic factors might add extra time. Additionally, fees to convert currencies could come into play if the base currency in the account differs from the withdrawal currency. As a result, building a comprehensive withdrawal scheme that accommodates relevant fees or extended waiting periods is beneficial, letting traders smoothly manage their funds.

Visa

Mastercard

Skrill

Bitcoin

Ethereum

Ripple

Fees and Commissions

FBS has arranged its cost structure in a way that remains competitive across different trading strategies. The company’s fees can be experienced in multiple aspects, ranging from spreads on price quotes and commissions to charges that arise beyond actual trading. The totals can vary notably depending on the account style opened and the financial products engaged with. Although FBS prioritizes clear cost disclosures, the broker recommends that users inspect the details linked to their chosen account or instrument. While heavily traded currency pairs typically display reduced spreads, less commonly traded or lower-liquidity products can show larger gaps. There might be cases where a set commission is charged, or a zero-spread method is put in place with an alternative fee system. In essence, FBS aims to maintain a trading setting that acknowledges scalpers, short-range investors, and participants conscious of operational costs.

FBS Trading Fees

Charges encountered by FBS users mostly fall into two configurations: plans involving spreads exclusively and plans with dedicated commissions. Within the spread-focused model, a markup is embedded in the spread, negating a standalone commission. On the other hand, a commission-based structure typically features tighter spreads but requires a specific amount per lot traded. This variety empowers traders to settle on a method that aligns with their unique strategies, whether that entails accepting a nominal markup in spreads or preferring a separate per-transaction charge. Delving into the account descriptions in detail helps verify the suitability of a given option.

A number of traders prefer major pairs—like EUR/USD or GBP/USD—offering reduced spreads, mainly when the market is highly liquid. Meanwhile, exotic pairings carry higher spreads. FBS discloses these distinctions, so users can select the pairs or products that are most economical for their situation. Building familiarity with the fees for each account setup promotes a thorough cost outline that can be adapted to a trader’s longer-range ambitions.

FBS Spreads

Spreads offered by FBS rely on account classification and the underlying asset. Well-known currency pairs such as EUR/USD or GBP/USD usually present narrower spreads, particularly during active trading intervals. Some account variants note that spreads might begin at zero pips for popular pairs, accompanied by commissions. For second-tier or exotic currency options, plus commodities like oil or metals, spreads might grow considerably based on fluctuating volatility. Additionally, extreme market shifts—like those triggered by major announcements—may cause spreads to extend further, underscoring the importance of planning for variable conditions.

FBS Non-Trading Fees

Outside of the expense of putting on or taking off positions, traders may also face certain non-trading fees. Such charges at FBS might arise for methods of depositing or withdrawing cash, as well as inactivity fees if the account remains unused for a defined period. Though many payment channels are free, there can be processor-imposed fees independent of the broker’s policies. FBS provides cautionary details so that clients stay informed. When an account sees no activity for a while, a dormancy fee might go into effect, highlighting how essential it is to remain active or close an account systematically if no longer in use.

Bonuses and Promotions

Hoping to stimulate both new and continuing users, FBS regularly arranges deals, bonuses, and tournaments. These can manifest in extra deposits for newcomers, cashback perks for recurring clients, or competitive events that reward the best-performing traders. Although these opportunities could increase users’ account equity, comprehending all stipulations—like minimal lot criteria or deadlines—is necessary to avert misunderstandings.

Welcome Bonus

A frequent feature of FBS is the welcome bonus, granting a predefined starting credit to individuals signing up for the first time. This setup lets beginners attempt real trading conditions with less personal capital at stake. Yet, retrieving any resultant gains involves meeting particular trading volume milestones spelled out in the offer’s policies.

Cashback Program

Using the broker’s Cashback Program, participants might be refunded part of their paid spread or commission costs. This effectively trims the final expense tied to each trade, which can be appealing for high-volume participants. The precise level of return is contingent on monthly turnover or other usage metrics. Reading the plan’s specifics helps ensure clarity on how rebates are processed and credited.

Trading Contests

Via these contests, FBS entices clients to measure their trading aptitude in a competitive format, assessing performance metrics like profit gains or strategic finesse. Prizes might be monetary, prized electronics, or all-expenses-paid trips. While such events can foster intense engagement, participants should remain conscious of risk levels. Nevertheless, these contests provide an exhilarating backdrop for testing methods and possibly winning generous rewards.

Seasonal and Thematic Promotions

From time to time, FBS initiates promotions connected to holidays, global gatherings, or seasonal patterns. These might revolve around boosted leverage, deposit-based bonuses, or reduced commissions for a defined stretch. Since these offers often include activity targets or applicable time windows, it is wise to study the terms meticulously.

Education

Emphasizing the relevance of learning, FBS endeavors to instruct both fresh and moderately experienced traders through webinars, visually explanatory videos, and textual guides addressing aspects from forex essentials to advanced technical approaches. The broker aspires to expand the strategic competence of its clientele, with special consideration for discipline and consistent mental frameworks.

For those just getting started, a demo account proves to be a solid stepping stone, enabling experimentation within the real market framework absent genuine risk to personal funds. FBS occasionally organizes live events or lessons in webinar form, where attendees can pose questions directly to experts, enhancing their knowledge of specialized techniques. Moreover, the broker’s site often archives these lessons, so interested parties can revisit them if they wish to refresh crucial concepts. This educational platform underpins an enduring commitment to trader development, which can prove vital in volatile, fast-shifting markets.

Allowed Countries

FBS is available in a broad spread of markets, engaging users in Asia, Africa, Europe, and Latin America. Still, local regulatory frameworks may block certain territories, like the United States or Canada, from being served. Consequently, checking with FBS’s official channels or contacting support is recommended to confirm whether a particular residency is eligible. Some jurisdictions might further set restrictions on maximum leverage, or disclaim involvement in specific promotions, in line with their governmental or financial regulations.

Excluded Countries

United States

Canada

Japan

Belgium

Iran

North Korea

Afghanistan

Syrian Arab Republic

Customer Support

FBS takes pride in its multilingual customer support, offering aid via phone lines, email, and 24/7 live chat. This round-the-clock availability is especially helpful for novices who need swift guidance about installing platforms or exploring deposit and withdrawal methods. The typically short response window, coupled with a thorough FAQ segment, attests to the broker’s focus on efficient client care.

Beyond direct interaction, FBS maintains channels that bring together its user community, allowing them to exchange perspectives and attempt to resolve issues through shared knowledge. This sense of solidarity can be helpful for traders who find collaborative learning beneficial. By uniting formal support systems with a network-driven knowledge base, FBS tries to diminish typical stumbling blocks that might surface in the forex and CFD environment, fostering a more transparent trading environment for novices and veterans alike.

Broker Name: FBS

Broker Type: MM, STP

Country: Myanmar

Operating since year: 2009

Regulations: FSC (Belize), CySEC (Cyprus), ASIC (Australia)

Phone: +357 25 313540 (Cyprus Office)

Email: [email protected]

Address: FBS Markets Inc. 2118, Guava Street, Belama Phase 1, Belize City, Belize

Broker status: Active

FAQs

Yes. FBS operates regulated entities under FSC (Belize), CySEC (Cyprus), and ASIC (Australia). It uses segregated client funds, SSL encryption, and provides negative balance protection for EU/AU retail clients.

 

MetaTrader 4, MetaTrader 5, and the FBS mobile app (iOS/Android). MT4/MT5 are available on desktop, web, and mobile and support EAs/algorithmic trading.

Minimum deposit from $5, minimum trade size 0.01 lots, and leverage up to 1:3000 (availability depends on entity/instrument and your profile). 

Floating spreads from 0.7 pips on majors, zero internal commissions, and no inactivity fee. Note: index spreads are generally higher than many competitors. Third-party payment/conversion fees may apply.

Over 200 payment methods (varies by region), including cards, Skrill, Neteller, and crypto (e.g., BTC/USDT). Deposits are usually instant (wires take longer). Withdrawals are fast—cards same business day, Skrill/Neteller typically 15–20 minutes (up to 48h). Account and payment names must match (AML/KYC).

Yes. Unlimited demo accounts (no expiry) and a swap-free (Islamic) option are available for qualifying clients.

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