FBS Review
FBS is a forex and CFD broker founded in 2009, serving traders in more than 190 countries through entities based in Cyprus, Belize, and the Marshall Islands. The broker reports over 16,000,000 traders and 410,000 partners, and has been the official trading partner of FC Barcelona since January 1, 2020. For how it compares with other brokers, see our roundup of the best forex brokers.
In this 2026 review, we cover FBS licensing and regulation, account types, spreads and commissions, leverage limits, tradable instruments, deposit and withdrawal methods, and the questions traders ask most before opening an account.
Quick answer: Yes, FBS is a licensed forex broker, regulated in Europe by the Cyprus Securities and Exchange Commission (CySEC) and internationally by the Belize International Financial Services Commission (IFSC). Founded in 2009, it serves more than 16 million traders across 190+ countries. It offers a $1 minimum deposit internationally (€10 in the EU), leverage up to 1:3000 outside the EU, and the MT4, MT5, and FBS Trader platforms. This is informational content, not investment advice.
Notice: The content provided is for educational purposes only and does not constitute investment advice. Trading CFDs involves high risk, and you may lose your entire capital due to leverage.
Article Contents
Overview of FBS
FBS entered the global trading market in 2009 with about 50,000 clients and has since grown into a broker with a presence in Europe, Asia, and internationally.
The broker was first established in Belize and later added a Cyprus-regulated entity, which extended its services to European residents under EU rules. Over the years FBS collected industry awards including “Best Forex Broker Asia,” “Most Transparent Forex Broker,” “Best Copy Trading Application Global,” and “Best FX IB Program,” while its client base grew from roughly 1 million in 2015 to more than 16 million today. FBS has also run recurring Ramadan charity campaigns, reporting over $310,478 raised in 2018 and over $241,221 distributed to nine charities in 2019, alongside humanitarian aid for flood and earthquake victims in Laos and Indonesia. Since January 1, 2020, FBS has been the official trading partner of FC Barcelona.
| Item | Details |
|---|---|
| Year founded | 2009 |
| International entity | FBS Markets Inc. — Belize, certificate of incorporation 000001317, regulated by the FSC |
| European entity | Tradestone Limited — CySEC licence 331/17, registration HE 353534 |
| Platforms | MetaTrader 4 and MetaTrader 5 (Windows, Android, macOS, iOS, WebTrader), and the FBS app |
| Account types | Two live accounts: Standard and Cent, plus a demo account |
| Minimum deposit | From 5 USD, varying by payment method: Neteller 10, Skrill 12, Perfect Money 5. At the European entity, 100 EUR on Standard and 10 EUR on Cent |
Is FBS Regulated? Licenses and Trust
FBS is regulated in the European Union by the Cyprus Securities and Exchange Commission (CySEC), and internationally by the Belize International Financial Services Commission (IFSC).
FBS is not a scam: it operates under licensed financial authorities and has an established operating history since 2009, with generally positive trader reviews online. The EU regulatory environment gave the Cyprus entity access to European clients and pushed the broker toward more standardized trading conditions, while the international (Belize/Marshall Islands) entity keeps higher leverage and lower minimum deposits for clients outside the EU.
Pros and Cons
Pros
- Licensed through two entities: FBS Markets Inc. in Belize (certificate 000001317, FSC) and Tradestone Limited in Cyprus (CySEC 331/17)
- Minimum deposit from 5 USD, varying by payment method
- Two live account types: Standard and Cent, both with no trading commission
- Leverage up to 1:3000 outside the EU, tiered by account equity
- MT4, MT5, and the proprietary FBS app
- Swap-free option available on all live accounts
Cons
- EU clients are capped at 1:30 leverage, well below the international offer
- A high leverage of 1:3000 carries significant risk for beginners
- The company does not publish a fixed spread figure for any single pair
Account Types at FBS
FBS offers five live account types — Cent, Micro, Standard, Zero Spread, and Unlimited — that differ in minimum deposit, spread, commission, and leverage.
| Account | Min. deposit | Spread | Commission | Max leverage |
|---|---|---|---|---|
| Standard | From 5 USD (100 EUR at the European entity) | Not disclosed for a specific pair | No trading commission | Up to 1:3000, tiered by account equity |
| Cent | From 5 USD (10 EUR at the European entity) | Not disclosed for a specific pair | No trading commission | Up to 1:3000, tiered by account equity |
Registration links: Open a Cent Account Open a Micro Account
Open a Standard Account Open a Zero Spread Account Open an Unlimited Account
Leverage and Margin Call
Maximum leverage at FBS depends on the account type and the regulated entity. EU clients are capped at 1:30 on Standard and Cent accounts, while the international entity offers up to 1:1000 on Cent, 1:500 on the Unlimited (ECN-linked) account, and 1:3000 on other account types.
- Margin-call and stop-out levels are set out in the client agreement and are not published as a single figure.
Trading Fees and Spreads
FBS charges from around 1 pip on EUR/USD with no commission on standard account types, while the Zero Spread account combines a near-zero spread with a per-lot commission.
| Trading Fees | |
|---|---|
| Fee type | Fee |
| Spread | Not disclosed for a specific pair; the official claim is a collective ‘from 0.5 pips’ |
| Trading commission | None on the Standard and Cent accounts |
| Islamic account commission | 0% |
Forex spreads by account type:
- The official claim is a collective ‘from 0.5 pips’; no figure is published for a specific pair or account.
Metal Fees
Spreads also apply to metal instruments at FBS. On the Standard account, spreads range from about 2 pips on XAG/USD (silver) up to 240 pips on palladium. Gold spreads can be lower for clients trading through the European entity, though palladium fees can rise to around 420 pips.
CFD Index Fees
Index CFDs at FBS carry competitive spreads, with a minimum spread ranging from about 2 pips to 25 pips, a range that stays the same regardless of the client’s country.
Stock Fees
FBS offers relatively low spreads on stock CFDs: the minimum bid-ask spread can be as low as 1 pip, while the typical spread runs around 3 pips.
Tradable Instruments
FBS clients can trade forex, metals, energies, indices, and (on the international entity) a limited range of stock CFDs.
- Forex, metals, energies, stocks and indices
- The company does not publish a final instrument count per class
Trading Platforms
FBS supports MetaTrader 4 and MetaTrader 5, both available as desktop, web, and mobile applications, alongside its own FBS Trader mobile app for account management and trading on the go.
Deposit and Withdrawal Methods
FBS supports deposits and withdrawals through a range of payment systems and currencies. See the official deposit and withdrawal pages for the methods available in your region.
Bank transfer and deposit/withdrawal services connected to FBS are also available; contact us for details on the options offered locally.
Why traders choose FBS
FBS is built around low entry costs (from $1), a wide account lineup for different budgets, and frequent promotions such as its deposit bonus offer. Beginners should weigh the very high leverage on offer against their own risk tolerance before funding an account.
Frequently Asked Questions
Where is FBS regulated?
The international entity is FBS Markets Inc. in Belize (certificate of incorporation 000001317, regulated by the FSC), and the European entity is Tradestone Limited, licensed by CySEC under 331/17.
Is FBS a good broker?
FBS is a legitimate broker, not a scam. It is licensed by recognized financial authorities and has generally positive reviews from traders online.
Does FBS offer any bonuses?
FBS runs a deposit bonus: 100% on the first deposit and from 10% to 60% on subsequent deposits above 100 USD, capped at 10,000 USD. A deposit is required; terms and conditions apply.
What is the minimum deposit at FBS?
The minimum deposit starts from 5 USD and varies by payment method: Neteller 10, Skrill 12 and Perfect Money 5. At the European entity it is 100 EUR on the Standard account and 10 EUR on the Cent account.
What platforms does FBS offer?
MetaTrader 4 and MetaTrader 5 in Windows, Android, macOS, iOS and WebTrader versions, alongside the FBS app.
Does FBS offer trading on Nas100?
Yes. Clients can trade the NASDAQ index among the indices offered. The company does not publish a final count of the indices available.
Open an Account
Disclaimer: All information in this article is for educational purposes only and does not constitute investment advice or a recommendation to open an account or invest. Trading CFDs carries a high level of risk due to leverage and may lead to the loss of your entire capital. Consult a licensed financial advisor before making any investment decision. This content contains affiliate links through which we may earn a commission at no additional cost to you.
Share your experience or question
Do you have experience trading with FBS, or a question about one of its account types or withdrawal methods? Share it in the comments below. We read every comment and answer questions to help other traders make an informed decision. Note: comments are for educational discussion only and are not financial advice.