FBS is a global forex and CFD broker established in 2009, headquartered in Belize. It provides trading services to a broad international clientele, offering access to 37 forex pairs and a range of CFDs on indices, commodities, gold, oil, and cryptocurrencies. The broker is known for its low minimum deposit of $5 and high maximum leverage of 1:3000, making it accessible to a wide range of traders.
FBS operates on the widely used MetaTrader 4 and MetaTrader 5 platforms, and offers several account types including Standard, Islamic (swap-free), Demo, and Micro accounts. The broker supports scalping, hedging, and algorithmic trading, and provides segregated client funds and negative balance protection for its clients.
FBS is a global forex and CFD broker established in 2009, headquartered in Belize. It provides trading services to a broad international clientele, offering access to 37 forex pairs and a range of CFDs on indices, commodities, gold, oil, and cryptocurrencies. The broker is known for its low minimum deposit of $5 and high maximum leverage of 1:3000, making it accessible to a wide range of traders.
FBS operates on the widely used MetaTrader 4 and MetaTrader 5 platforms, and offers several account types including Standard, Islamic (swap-free), Demo, and Micro accounts. The broker supports scalping, hedging, and algorithmic trading, and provides segregated client funds and negative balance protection for its clients.
FBS is best suited for traders who prefer the classic MetaTrader platforms and want a low-cost entry point, given the $5 minimum deposit. The availability of Islamic (swap-free) accounts makes it a good fit for traders who require Sharia-compliant trading. With scalping, hedging, and EA trading all allowed, active traders and algorithmic strategists will find the environment accommodating.
However, FBS may be a weaker fit for traders who rely on advanced trading tools like TradingView or copy trading, as these are not offered. Also, those seeking to trade real cryptocurrencies or stocks/ETFs will not find these instruments here, as only crypto CFDs are available.
FBS holds regulatory licenses from the Cyprus Securities and Exchange Commission (CySEC), the International Financial Services Commission of Belize (IFSC), and the Financial Sector Conduct Authority (FSCA) of South Africa. Holding multiple licenses indicates a commitment to adhering to different regulatory standards across regions.
For trader safety, FBS states that client funds are segregated, which is a key protective measure. Additionally, the broker provides negative balance protection, ensuring that clients cannot lose more than their account balance. These measures contribute to a safer trading environment, though the level of protection may vary depending on the entity and regulatory jurisdiction.
| Primary regulator | |
| All licenses held | CySEC,IFSC,FSCA |
| Segregated client funds | Yes |
| Negative balance protection | Yes |
FBS does not charge withdrawal fees, and the minimum deposit is $5, making it a low-cost broker for getting started. The broker offers several account types, including Standard, Micro, and Islamic accounts, each with its own fee structure. However, specific spread and commission details are not provided in this fact sheet.
Withdrawal processing times vary by method: electronic wallets are typically instant to 30 minutes, cryptocurrency withdrawals are instant subject to blockchain confirmations, credit/debit cards take 3โ4 business days, and bank transfers take 7โ10 business days. All withdrawals are processed with zero fees.
| Deposit methods | bank cards, electronic wallets, and cryptocurrencies |
| Withdrawal time | Electronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15โ20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 business days. |
| Withdrawal fees | $0 |
| Inactivity fee | None charged |
FBS is a well-established broker that offers a low-cost, high-leverage trading environment with a solid regulatory background. It is particularly suitable for traders who want to use MetaTrader platforms, prefer a low minimum deposit, and need flexibility for scalping or algorithmic strategies. However, traders looking for a broader range of instruments, including real stocks or crypto, or those who rely on advanced tools like TradingView or copy trading, may find FBS limiting. Overall, FBS is a reliable choice for forex and CFD traders who prioritize low entry costs and regulatory safety.