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FBS Markets Review 2024 Most Trusted Broker โ€“ Asia 2024, Broker of the Year โ€“ LATAM 2024, Best Trading Conditions 2025, Best Islamic Forex Broker Asia, Excellence in Social Responsibility within the Forex Industry โ€” Asia 2025

Est. 2009 ยท Belize ยท Updated April 2, 2025

Demo Account Islamic Account Crypto Trading Affiliate Program Scalping Hedging
3.9
โ˜…โ˜…โ˜…โ˜…โ˜† Trust Score

FBS is a global forex and CFD broker founded in 2009, known for its low minimum deposit, high leverage, and diverse trading instruments. It operates through multiple regulated entities worldwide.

Company
FBS Markets Inc.
Founded
2009
Headquarters
Belize
Regulation
IFSC BVI, CySEC, ASIC, FSCA
License No.
4077102
Min Deposit
$5
Max Leverage
1:3000
Spreads From
0.0 pips
Commission
From $0, up to $6 per lot round turn on ECN accounts
Platforms
MT4, MT5, FBS App, WebTrader
Account Types
Standard, Cent, Micro, Zero Spread, ECN, Pro
Base Currencies
USD, EUR, GBP, AUD

FBS Markets Review 2024 Pros & Cons

Pros

  • Regulated by multiple authorities, including CySEC and ASIC for specific entities.
  • Very low minimum deposit of $5 for most account types.
  • High leverage options available up to 1:3000 for international clients.
  • Offers popular MetaTrader 4, MetaTrader 5 platforms and a proprietary FBS App.
  • Competitive spreads from 0.0 pips and commission-free options on various accounts.
  • Provides 24/7 multilingual customer support.

Cons

  • Regulatory protection and trading conditions vary significantly by legal entity and region.
  • Higher minimum deposit of $100 required for the ECN account.
  • Commission of 0.7% is charged on US stock CFDs. [cite: 14 (from previous search), 36 (from previous search)]
  • Limited payment options may be available in some specific regions.
  • Some advanced features found in third-party platforms might be absent from the FBS App.

Trading Conditions

Tradable Instruments

FBS offers a diverse portfolio of over 550 CFD instruments, allowing traders to access various financial markets. These include a wide range of Forex currency pairs, precious Metals like Gold and Silver, Energies such as Crude Oil, global Indices, and Contracts for Difference (CFDs) on Stocks from major exchanges. [cite: 5, 10 (from previous search), 14 (from previous search), 24 (from previous search), 25 (from previous search), 33 (from previous search)] The broker also provides opportunities for trading Cryptocurrencies, enabling 24/7 access to volatile digital assets. [cite: 14 (from previous search), 20 (from previous search), 24 (from previous search), 32 (from previous search)]

Accounts & Platforms

Account Types

FBS provides a selection of trading accounts designed to suit various trader profiles. The Standard Account offers floating spreads from 0.7 pips and is suitable for intermediate traders, requiring a minimum deposit of $5. The Cent Account is ideal for beginners, allowing trading with micro lots and a low minimum deposit of $5. For professional traders and scalpers, the ECN Account offers raw spreads from 0.0 pips with a commission of $6 per lot round turn, requiring a $100 minimum deposit. The Zero Spread Account provides fixed zero spreads but with a higher commission. Other options include the Micro Account and Pro Account, tailored for specific trading preferences. All accounts can be opened as Islamic (swap-free) accounts, and a demo account is available for practice. [cite: 1, 4 (from previous search), 9 (from previous search), 14 (from previous search), 20 (from previous search), 25 (from previous search), 32 (from previous search)]

Opening an Account

Opening an account with FBS is a straightforward and fully digital process. It typically begins with a simple online registration form on the FBS website or app, where basic information like name, email, and contact number are provided. This is followed by email and phone number verification. Subsequently, applicants are required to furnish additional personal details, including date of birth and residential information. To comply with regulatory KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements, the final step involves uploading identification documents (e.g., passport, national ID) and proof of residence (e.g., utility bill, bank statement). The account approval process is generally quick, with many accounts being approved within minutes or a few hours. [cite: 6 (from previous search), 9 (from previous search), 37 (from previous search), 38 (from previous search)]

Trading Platforms

FBS offers its clients access to the globally recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, available for desktop (Windows and Mac), web, and mobile (iOS and Android). [cite: 4 (from previous search), 17 (from previous search), 24 (from previous search), 30 (from previous search)] These platforms are renowned for their advanced charting tools, extensive technical analysis features, and support for automated trading via Expert Advisors. In addition to MetaTrader, FBS provides its proprietary FBS App, an all-in-one mobile trading solution that allows for convenient on-the-go trading, account management, and access to real-time market data and insights. [cite: 17 (from previous search), 24 (from previous search), 33 (from previous search)] The FBS WebTrader offers browser-based trading without the need for downloads. [cite: 5 (from previous search)]

Deposits & Withdrawals

FBS supports a wide array of funding methods, offering over 200 deposit and withdrawal options to its global clientele, though availability may vary by region. Common methods include Bank Transfer, credit/debit cards (Visa, Mastercard), and popular e-wallets such as Skrill, Neteller, Sticpay, and PerfectMoney. Cryptocurrency deposits using USDT, BTC, and ETH are also supported. [cite: 1 (from previous search), 6 (from previous search), 8 (from previous search), 12 (from previous search), 18 (from previous search), 28 (from previous search), 35 (from previous search)] FBS generally does not charge internal fees for deposits or withdrawals, though third-party payment providers may impose their own charges. Most deposits via cards and e-wallets are processed instantly, while bank transfers typically take 1-3 business days. Withdrawals are usually processed within 1-3 days, with card withdrawals potentially taking 3-8 days. [cite: 1 (from previous search), 6 (from previous search), 22 (from previous search), 31 (from previous search)]

Regulation & Safety

FBS operates under a multi-regulatory structure, providing services through different legal entities to cater to its global clientele. FBS Markets Inc., based in Belize, is authorized and regulated by the International Financial Services Commission of Belize (IFSC) under license number 4077102. For its European operations, Tradestone Ltd. is regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 331/17. Additionally, FBS expanded its operations by acquiring licenses from the Financial Sector Conduct Authority (FSCA) of South Africa (license 50885) and the Australian Securities and Investments Commission (ASIC) (license 426359) for its entity Intelligent Financial Markets Pty Ltd. Client funds are segregated from the company's operational capital, and negative balance protection is offered to retail clients. [cite: 4 (from previous search), 25 (from previous search), 35 (from previous search)]

Company Information

FBS Markets Review 2024 Review

FBS is a forex and CFD broker established in 2009. They offer a variety of trading instruments including currency pairs, stocks, commodities, indices, and cryptocurrencies. They are a well-established online broker with a global presence and cater to traders of all experience levels.

Frequently Asked Questions

Is FBS Markets a regulated broker?

Yes, FBS is regulated by several authorities, including IFSC (Belize), CySEC (Cyprus), ASIC (Australia), and FSCA (South Africa) for different entities.

What is the minimum deposit at FBS?

The minimum deposit to open a live trading account with FBS is typically $5 for Cent and Standard accounts, though some payment methods or ECN accounts may require more.

Which trading platforms does FBS offer?

FBS offers the MetaTrader 4 (MT4), MetaTrader 5 (MT5) platforms, its proprietary FBS App, and a WebTrader. [cite: 4 (from previous search), 17 (from previous search), 24 (from previous search)]

Does FBS allow copy trading?

Yes, FBS provides copy trading services, allowing clients to follow and copy the trades of experienced traders. [cite: 14 (from previous search)]

Are there commissions on trades with FBS?

FBS offers commission-free trading on its Standard and Cent accounts. However, ECN accounts incur a commission of $6 per lot round turn, and US stock CFDs have a 0.7% commission. [cite: 1, 4 (from previous search), 5 (from previous search), 22 (from previous search), 36 (from previous search)]

What is the maximum leverage offered by FBS?

FBS offers high leverage options up to 1:3000 for clients under its IFSC Belize entity, while EU/ASIC regulated entities have lower leverage limits, typically 1:30. [cite: 10 (from previous search), 14 (from previous search), 18 (from previous search), 35 (from previous search)]

Final Verdict

โ˜…โ˜…โ˜…โ˜…โ˜† 3.9/5

FBS Markets presents a compelling offering for traders seeking high leverage and a low entry barrier, especially for those outside strict European regulations. Its diverse account types, including ECN and Zero Spread options, cater to various trading strategies, complemented by popular MT4/MT5 platforms and a user-friendly proprietary app. While its multi-entity regulation provides varied levels of protection, the presence of CySEC and ASIC licenses for specific regions adds credibility. Traders should, however, be mindful of the entity they register with, as this directly impacts their regulatory oversight and trading conditions. Overall, FBS is a suitable choice for traders prioritizing flexible trading conditions and broad instrument access, provided they understand the regulatory framework applicable to their account. [cite: 1, 3, 4 (from previous search), 14 (from previous search), 25 (from previous search), 37 (from previous search)]

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