FBS review

Spread from

0.7 pips

EUR/USD spread

1.1 pips typical

GBP/USD spread

Dynamic

Commission

$0 on standard current offering

All-in cost, EUR/USD

Approx. 1.1 pips typical

Spread type

Floating

Overnight swap

Both: swaps may be charged or credited

Inactivity fee

No standard inactivity fee prominently advertised

Deposit fee

From $0

Withdrawal fee

From $0; payment-provider charges may apply

Currency conversion

Method/account dependent

Costs below are the broker's published figures, which is not the same as what you will pay.

Spreads from 0.7 pips suggest an all-in account, where the broker's fee is built into the price rather than charged separately. There is usually no commission on top, which makes the cost easier to predict.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

FBS lists a minimum deposit of $5. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets

Forex, Stocks, Indices, Metals, Energies, Cryptocurrencies

Currency pairs

70+

Total instruments

550+

Crypto CFDs

Yes

Maximum leverage

1:3000

Execution model

Market execution

Execution speed

From 0.01 seconds

Order types

Market, limit, stop, stop-loss, take-profit, trailing stop and MetaTrader pending orders

Servers

Global trading infrastructure

Leverage up to 1:3000 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

FBS covers forex, stocks, indices, metals, energies, cryptocurrencies. A wider range matters less than depth in the instruments you actually trade.

Funding options: bank transfer, visa/mastercard, skrill, neteller and extensive regional payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

MetaTrader 4, MetaTrader 5, FBS App

Own platform

Yes, FBS mobile trading functionality

Mobile app

Proprietary plus MT4/MT5

Browser trading

Yes

Automated trading

Yes

Copy trading

Not a core feature of the current global offering

Indicators

MT4/MT5 indicator libraries and custom indicators

Third-party tools

MetaTrader 4, MetaTrader 5

API access

No standard retail API prominently offered

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

Regulated by

Financial Services Commission, Belize

Regulator tier

Tier 3 / Offshore

Register entry

Belize FSC register

Client money segregated

Yes

Held at

Multiple Tier-1 banks; individual banks not disclosed

Negative balance protection

Yes

Compensation scheme

None

Audited by

Not prominently disclosed

Not available to

USA, EU, UK, Israel, India, Iran, Myanmar and additional restricted jurisdictions

This is the one claim on the page that can be checked against a public register, so it is the one to check.

FBS lists its regulation as Financial Services Commission, Belize.

Minimum deposit

$5

Account types

Standard/live trading, Swap-Free, Demo

Account currencies

Entity/account dependent

Islamic account

Yes, Swap-Free

Demo account

Yes

Professional account

No conventional regulatory professional classification on global entity

Minimum trade size

0.01 lots

Time to open

Typically a few minutes, subject to verification

Deposit methods

Bank transfer, Visa/Mastercard, Skrill, Neteller and extensive regional payment methods

Withdrawal methods

Bank transfer, cards, e-wallets and local methods

Deposit time

Many electronic methods instant

Withdrawal time

Instant automated withdrawals available on supported methods

Local payment methods

Extensive, with 200+ global/local methods

Support hours

24/7

Contact channels

Live chat, email, callback, Help Centre

Languages

Multilingual

Telephone

+501 611 0594; +357 22 010970

Email

support@fbs.com

Live chat response

Under 1 minute advertised

Education

Extensive: courses, tutorials, webinars, trading guides and educational articles

Research

Market analysis, trading ideas, news and technical/fundamental commentary

Legal entity

FBS Markets Inc.

Company number

000001317

Headquarters

Belize City, Belize

Founded

2009

Publicly listed

No

Parent company

Independent / FBS group

Employees

500+

Also trades as

FBS