FBS's review 2025 image

FBS Review 2025

Myanmar

Established: 2009
Score: 3
Visit Website
Regulated

Leverage: Up to 1:3000

Deposit: From 5 USD

Spread: Low

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

Leverage: Up to 1:3000

Deposit: From 5 USD

Spread: Low

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

Broker type: MM, STP

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 recognized as a well-established online brokerage service that grants individual traders entry to numerous global financial markets. Created with the objective of widening the scope of trading to multiple regions, FBS has steadily grown in clientele, fortified its technological infrastructure, and enlarged its list of tradable assets. Throughout its development, FBS has honed a strong reputation for providing user-friendly trading environments, multiple account varieties, feature-rich trading platforms, and extensive educational offerings that cater to both individuals just starting out and those who have accumulated considerable expertise. Furthermore, FBS highlights fast order executions, flexible leverage settings, and a collection of promotions appealing to traders looking for added incentives. Operating in various countries worldwide, FBS endeavors to accommodate a wide range of trading methods, whether these involve shorter-term scalping, intraday maneuvers, or longer-run investment approaches.

This detailed review covers essential dimensions of FBS’s operation, such as its commitment to user security, its fee structure, how deposits and withdrawals function, the scope of available tradable instruments, its supported trading platforms, and the multiple account options it provides. We also examine the broker’s educational resources, the nature of its customer support, and its promotional or bonus programs currently in effect. By analyzing these elements, prospective traders can gain a thorough perspective on FBS’s operations, enabling them to decide if its services align with their own trading preferences and objectives.

Pros

  • Very high leverage (up to 1:3000)
  • Low minimum deposit ($5)
  • Wide range of payment methods
  • 24/7 multilingual customer support
  • Extensive educational resources

Cons

  • Not available for traders in the USA, UK, Canada, or Japan
  • Higher spreads on indices compared to competitors
  • Limited real stocks, ETFs, options, and cryptocurrencies

Trust and Safety

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

FBS places a high value on fostering a safe and dependable trading environment for clients. To this end, it implements a suite of measures, which include segregating client deposits from corporate funds, operating under widely recognized regulatory frameworks, and adhering to strict internal procedures designed to maintain transparency in alignment with international financial norms. The brokerage likewise uses data encryption methods and privacy controls to protect its users’ confidential information. Moreover, FBS delivers risk management mechanisms and learning materials aimed at promoting responsible trading habits, reinforcing the broker’s devotion to reliability and security.

In addition, FBS espouses ethical commercial principles and strives to preserve trader interests. This includes ensuring that operational capital stays separate from client deposits and partaking in periodic checks from overseeing bodies, thus increasing consumer trust in FBS’s overall operations. Independent evaluations further reinforce FBS’s operational clarity. All these tactics collectively demonstrate the broker’s adherence to accepted industry benchmarks and the creation of a transparent, stable setting for trading activity.

Is FBS Regulated?

FBS functions under various regulatory authorities, depending on the entity through which customers opt to register. Historically, its international arm, known as FBS Markets Inc, has been supervised by the International Financial Services Commission (IFSC) of Belize, whereas the European branch, FBS EU, is subject to rules from the Cyprus Securities and Exchange Commission (CySEC). Operating within these regulatory channels compels FBS to comply with numerous strict guidelines, which include keeping adequate monetary reserves, generating periodic transparent reporting, and isolating trader deposits from the brokerage’s own finances. By abiding by these obligations, FBS maintains global standards that aim to secure trader funds and reinforce fair market operations.

Is FBS Safe?

When investigating a broker’s safety, market participants frequently check for recognized regulatory oversight, how carefully the broker protects client capital, and the general reputation it holds. In FBS’s case, its licenses across different jurisdictions show that reputable financial bodies keep tabs on its activities. Client money is ordinarily kept in segregated accounts, building an additional safeguard in case any complications surface. In addition, FBS upholds strict data protection protocols, employing security tools such as SSL encryption to protect personal details. Given the broker’s years of operation and the often positive feedback from users, FBS is commonly deemed comparatively safe for web-based trading. Still, new traders must carry out their own research and remain mindful that trading leveraged products brings notable risks.

Trading Platforms

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

Visit Platforms

FBS supports multiple trading interfaces to serve newcomers and seasoned professionals alike. Commonly in use are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), well-regarded for their thorough charts, extensive indicator libraries, and ability to automate trading with scripts or Expert Advisors. FBS also presents a proprietary mobile app for users who value on-the-go control. Priority is placed on minimal latency and stable executions, vital in volatile times when speed can be a key factor in outcomes.

In a dynamic market environment, software that merges strong analytic components, rapid order processing, and reliable connectivity can significantly enhance a trader’s potential success. The MT4/MT5 suite is also recognized for in-depth customization, enabling traders to craft or apply specialized add-ons that address unique needs. Meanwhile, FBS’s mobile platform retains the foundational tools for charting and order execution, letting individuals maintain awareness of portfolio positions without being tethered to a stationary setup.

MetaTrader 4

MetaTrader 4 remains a pillar in the forex and CFD universe, featuring straightforward navigation, stable performance, and a range of built-in indicators. At FBS, MT4 boasts seamless integration with the firm’s server infrastructure, reducing re-quotes. EAs (Expert Advisors) grant automation for strategy deployment. Further, the broad adoption of MT4 worldwide fosters an active user community, with abundant resources for problem-solving and strategy refinement.

MetaTrader 5

MT5 pushes beyond MT4 with upgraded order administration, more diverse chart intervals, and extended backtesting tools. FBS’s MT5 environment accommodates multi-asset classes, from forex pairs to stocks, indices, and commodities. The MQL5 language, recognized for robust performance, facilitates the creation of advanced or multi-faceted EAs, suiting traders who demand a comprehensive approach to multiple markets in a unified solution.

FBS Trader App

For mobile-dependent traders, the FBS Trader App focuses on delivering key market data, essential charting capabilities, and convenient order entries in a concise design. While it may not offer the same depth of advanced analytics found in desktop variants, it meets the primary needs of monitoring open positions, scanning major market fluctuations, and reacting quickly to short-term events. This approach suits traders who value continuous connectivity and immediate responsiveness.

Tradable Instruments

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

FBS furnishes a broad choice of assets for trading, ranging from forex pairs and metals to energies, equity indices, and stock CFDs, giving users a chance to explore different markets or diversify. This diversity helps spread risk across several market classes, reducing the potential vulnerabilities of focusing solely on a single instrument. Consequently, traders can respond to price swings in multiple domains, from immediate opportunities in the forex marketplace to lengthier positions in stock-based CFDs.

By consolidating a variety of products under one broker, FBS also removes the complexity of maintaining multiple trading relationships for separate market segments. Instead, participants can coordinate all positions through a single account interface, analyzing real-time performance across different asset categories more cohesively. This integrated viewpoint may add convenience, letting traders swiftly adjust if a shift in one sector of the market affects the outlook for another.

Forex

The currency exchange market is a cornerstone of FBS, as it offers major pairs (like EUR/USD, GBP/USD), minor pairs, and even more obscure combos. Spreads and leverage can differ among these subsets, allowing both conservative and aggressive traders to discover pairs that fit their approach. The broker’s emphasis on prompt execution addresses the needs of those whose strategies pivot on real-time or near-instant fulfillment.

Metals

FBS also enables customers to trade precious metals, focusing mainly on gold and silver, as CFD instruments. Known for their role as hedges against instability, these metals can see notable fluctuations based on broader economic events or currencies’ behavior. Trading them with FBS means not having to physically store gold or silver, yet still profiting or hedging from swift shifts in price.

Energies

Energy products, including different crude oil benchmarks and natural gas, represent another class of offerings at FBS. Market watchers looking to track developments in global energy consumption or supply disruptions might find these vehicles suitable. As price swings can be abrupt, employing robust risk guidelines remains important, though potential rewards can be appealing when correct predictions are made regarding inventory figures or production quotas.

Indices

Indices enable users to trade on the overall performance of a series of stocks that typically represent a country or a region’s equity environment. FBS extends CFDs on major benchmarks from across the globe, so clients can speculate on uptrends or downtrends in aggregated markets. Rather than spending effort on single-company analyses, index instruments let traders address macro-level economic sentiment and broad market momentum.

Stocks

FBS also features stock CFDs for numerous global companies, making it possible to open long or short positions without possessing actual equities. The outcome is a flexible way to engage with corporate earnings announcements or industry developments, often at a fraction of the cost required for standard share trading. Leverage can amplify profits for those with accurate predictions but poses added risk should the market run counter to one’s outlook.

Account Types

To match the variety of trading preferences across its user base, FBS offers numerous account type choices. These differences can include minimum deposit sums, spreads or commissions, and the maximum leverage that can be utilized. Selecting the right account type can deeply influence trading results, from cost factors to execution flow. By catering to absolute novices, intermediate traders, and experts with advanced needs, FBS broadens its appeal. Those curious about exact sign-up steps can look at opening an account, weighing which conditions align closely with their methods.

For scalpers, accounts with near-zero spreads or precisely stated commissions might be ideal, whereas others focusing on longer horizons or simpler cost structures might prefer micro or standard alternatives. Checking margin rules, standard slippage behaviors, and possible overhead ensures that an account’s parameters harmonize well with the user’s personal trading approach. Although getting started is streamlined, some level of re-verification or adaptation may be needed for switching to higher-tier accounts if the trader’s capital and strategy evolve.

Cent Account

The Cent Account offers a reduced-risk gateway for individuals wanting to test actual market conditions but with smaller exposure. Here, account balances appear in cents, giving a scaled-down environment that can help novices progress beyond practice accounts. While the spreads tend to be somewhat larger, the lower minimum deposit suits an audience aiming to refine their skills without incurring substantial real-money risk.

Micro Account

The Micro Account stands as a stepping stone between a minimal-risk cent-based setup and more traditional accounts. It necessitates a modest deposit level yet offers fixed spreads, allowing for straightforward calculations of trade costs. This is particularly helpful for early-stage traders wanting consistency in their overheads, eliminating some of the unpredictability tied to spreads that expand or contract in real time.

Standard Account

Among the most popular picks, the Standard Account supplies floating spreads with no direct commission, covering a wide instrument selection. This middle-ground account typically involves a moderate deposit requirement and enables traders to handle varied time frames—ranging from quick trades to positions lasting several days. Often, this is where individuals move after becoming comfortable with the intricacies of actual market trading on simpler accounts.

Zero Spread Account

For those who desire maximum transparency around the cost of each transaction, the Zero Spread Account all but eradicates the bid-ask gap, levying a predetermined commission per trade. Scalpers or high-frequency participants appreciate the clarity that emerges from a reliably tight or zero spread. Nevertheless, verifying that the sum of commissions doesn’t erode your profit potential is an important part of the evaluation when choosing this arrangement.

ECN Account

For advanced traders yearning for direct connectivity to liquidity streams, the ECN Account emerges as a compelling solution. Here, raw spreads are transmitted directly from providers, usually delivering the narrowest available quotes, albeit with a fixed commission per lot. While the starting deposit for this account may be higher, it can prove highly effective for large-volume operations or automated strategies that hinge on minimal spread expansion and deep liquidity pools.

FBS Leverage

Depending on the account chosen, FBS can furnish considerable leverage ratios—up to 1:3000 in some instances—although global regulations in regions such as the EU cap such figures at more moderate thresholds. While leverage increases the potential for outsized wins, it equally amplifies the chance of steep losses if markets shift rapidly in the opposite direction. Hence, sensible measures like placing stop-loss orders and using appropriate position sizing are imperative, especially if operating near the upper limits of leverage.

Deposits and Withdrawals

FBS ensures a variety of deposit and withdrawal methods, from bank wire transfers and card payments to e-wallet services, aiming to address the needs of a worldwide clientele. The overarching objective is simple, quick transactions, enabling traders to access trading markets or extract profits without intrusive delays. Transfer times and fees depend on the selected approach, the account’s base currency, and the user’s region. Concluding identity checks (KYC) often streamlines the entire deposit/withdrawal procedure.

To retain clear financial records and discourage potential misconduct, FBS usually requires the same channel be used for both depositing funds and withdrawing. Nonetheless, each payment path can involve unique stipulations tied to accepted currencies or regional limitations. Keeping your verification documents ready can reduce disruptions during withdrawal requests. Whether a trader wants to take profits or reallocate capital, having an updated, validated profile with FBS improves efficiency and consistency in payments.

FBS Deposit Options and Fees

Here we have a table showing commonly available deposit methods at FBS, plus approximate fees and average processing spans. Actual details might fluctuate depending on your place of residence or the account category:

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

FBS at times waives deposit fees for certain routes, but it’s always prudent to check the current information ahead of adding funds. The broker may offer localized deals that temporarily lower or fully remove transaction surcharges, helping users deposit more economically. Keeping an eye on official notifications and updates ensures you’ll take advantage of such events if they surface.

FBS Withdrawals Options and Fees

Withdrawals with FBS typically mirror the original deposit method, supporting financial transparency across the board. Below is an outline of frequently utilized withdrawal channels as well as potential costs:

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

In many instances, FBS moves quickly to fulfill withdrawals as soon as internal screening is completed, though external payment channels can prolong the time before funds show up in a trader’s account. Additional charges might result from currency exchange differences if the account’s base currency deviates from the withdrawal currency. Being aware of these elements can help circumvent unwanted setbacks, enabling traders to focus on their investment planning instead of administrative hurdles.

Visa

Mastercard

Skrill

Bitcoin

Ethereum

Ripple

Fees and Commissions

FBS targets delivering a pricing scheme that suits a wide range of trading styles. The broker’s fees arise through various avenues, including the spread between bid and ask quotes, direct commissions on trades, and various non-transactional charges. The specific cost burden can shift based on the chosen account type and the categories of instruments traded. Although FBS is transparent in how it structures costs, each trader should carefully consider the exact fees tied to their selected account or product. While key currency pairs typically exhibit lower spreads, more specialized or thinner markets could come with higher spread values. Certain accounts might impose a set commission, whereas others operate with a zero-spread model but a different cost approach. On the whole, FBS aims to cultivate a setting suitable for scalpers, brief time-frame speculators, and individuals alert to overall trading costs.

FBS Trading Fees

Trading expenses at FBS generally follow two standard formats: spread-only accounts and those incorporating per-trade commissions. With a spread-only format, the main cost is added onto the difference between the bid and ask price, so there is no separate charge per lot. Contrarily, a commission-based layout tends to feature more precise, tighter spreads, though a fee applies each time a lot is bought or sold. This approach enables traders to pick the structure that lines up best with their methods—whether they prefer a slightly wider spread plus no commission or narrower spreads accompanied by a predetermined fee. Looking into the account details thoroughly helps ensure these expenses fit well with one’s trading style.

Many traders concentrate on major currency pairs—such as EUR/USD or GBP/USD—because these pairs often have lower spreads, especially when liquidity is high. In contrast, exotic pairs or less liquid instruments might carry significantly higher spreads. FBS posts clear data about these distinctions, enabling users to figure out which products are optimal from a cost perspective. Factoring in commissions or spreads ahead of time is a valuable element in long-term cost planning.

FBS Spreads

At FBS, spreads depend on both the chosen account variant and the instrument being traded. Popular pairs like EUR/USD or GBP/USD frequently come with tighter spreads, particularly during peak trading windows. In certain FBS accounts, spreads might approach zero pips for widely traded pairs, offset by a commission charge. Meanwhile, lesser-used currency sets or commodity-linked assets may present more notable spreads, especially in times of abrupt market volatility. During sudden or news-driven surges, spreads can widen further, reinforcing the need for appropriate risk management to control unexpected cost spikes.

FBS Non-Trading Fees

Non-trading costs can include charges for funding or withdrawing cash, or inactivity fees if an account goes unused for a certain duration. Though FBS endeavors to enable minimal or no fees for deposits and withdrawals, payment processors and financial institutions might impose extra costs outside the broker’s regulation. Reviewing FBS’s official website or speaking with support staff is a beneficial step to keep from encountering unforeseen costs. Being mindful of fees that aren’t directly part of placing or settling trades is essential to shaping a complete financial plan.

Bonuses and Promotions

FBS frequently runs campaigns to attract prospective traders and motivate existing ones, including deposit bonuses, refund programs, and contests spotlighting trading performance. These promotions can supply additional leverage or capital, potentially magnifying profit prospects for individuals who adhere to the set conditions. Nonetheless, it’s essential that traders read the relevant rules thoroughly—like meeting minimum volume requirements or abiding by time restrictions—if they expect to fully take advantage of these offers.

Welcome Bonus

One of FBS’s recurring promotions is its welcome bonus, assigning newly enlisted traders a certain allotment of credit. It enables people to try out genuine market forces without fully risking their own equity. Still, cashing out any profit gleaned from this credit generally hinges on fulfilling obligations around total traded lots or other broker-specified checkpoints.

Cashback Program

FBS also maintains a Cashback Program that repays part of a user’s spreads or commission costs. By reducing the effective overhead, participants might observe an improvement in net returns, primarily if they trade at a relatively high frequency. The eventual impact of this rebate depends on how active the user’s account is and whether it aligns well with the program’s thresholds or conditions.

Trading Contests

Occasionally, FBS holds competitions where traders compete over total gains or other performance metrics, and victors can receive cash awards, electronic gadgets, or event-based prizes. Though these can foster competitive excitement and community bonding, wise risk rules remain necessary to avoid jeopardizing account balances. If balanced carefully, these events can be motivating and occasionally quite rewarding.

Seasonal and Thematic Promotions

Periodically, FBS connects its promotions to particular themes, economic milestones, or seasons of the year, raising deposit benefits, instituting special spread conditions, or offering other short-lived perks. Prospective participants should go through terms and conditions to grasp any minimum trades, time windows, or other constraints. Rapidly responding can sometimes yield meaningful gains if the terms mesh with a trader’s customary practices.

Education

Recognizing that knowledge is a pivotal asset in trading, FBS invests in educational tools like webinars, video tutorials, and written guides for varying proficiency levels. Topics range from introductions to forex and terminology to advanced analytic frameworks. FBS also highlights risk management essentials and psychological discipline, crucial for functioning effectively in markets susceptible to high volatility.

For total beginners, a demo account is an excellent bridge to real-market scenarios, allowing them to experience actual price flux without endangering tangible resources. Beyond that, FBS arranges live educational sessions, letting attendees question experts or observe how actual strategies unfold in real time. These are often archived, making it possible for users to revisit concepts. By emphasizing structured learning, FBS underlines that adequately educated traders often find more consistency and success over the long haul.

Allowed Countries

FBS operates across large parts of Asia, Europe, Africa, and Latin America, yet licensing complexities prevent it from serving traders in locations like the United States or Canada. Anyone interested in becoming a user should consult the broker’s official publications or contact support to confirm that their home region is accepted. Specific jurisdictions may cap the leverage or limit bonus availability to adhere to local regulatory standards, underscoring the importance of verifying rules before registration.

Excluded Countries

United States

Canada

Japan

Belgium

Iran

North Korea

Afghanistan

Syrian Arab Republic

Customer Support

FBS’s customer support channels function in multiple languages, giving help through phone lines, emails, and round-the-clock live chat. This uninterrupted service model benefits novices who might grapple with platform setup or deposit queries, and also assists seasoned traders in seeking solutions without time-zone barriers. Often, the broker’s reaction times remain short, supplemented by a vast FAQ segment that addresses standard inquiries.

In addition, the broker cultivates a communal backdrop encouraging traders to swap insights, examine short-term or long-term market movements, and address any platform challenges. This collective approach offers an added dimension of aid, especially valuable for beginners who may profit from the knowledge and experience of more adept participants. Through unifying professional support with community-based learning, FBS delivers a comprehensive support system that endeavors to minimize user frustration and expedite learning curves.

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

Leave your thoughts