Global Broker Regulation Inquiry App
WikiFX
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/10
FBK Markets
South Africa
|
2-5 years
|
ECN Account
Suspicious Regulatory License
|
White label MT4
|
Suspicious Overrun
|
High potential risk
https://www.fbkmarkets.com/
Website
Rating Index
MT4/5 Identification
MT4/5
White Label
FBKMarkets-Live01
France
10
Influence
C
Influence index NO.1
South Africa 5.80MT4/5 Identification
MT4/5 Identification
White Label
10
Server Name
FBKMarkets-Live01 MT4
Server Location France
FranceInfluence
Influence
C
Influence index NO.1
South Africa 5.80Surpassed 20.80% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+27 877029234
support@fbkmarkets.com
https://www.fbkmarkets.com/
400 16th Road, Corner 16th and New Road, Randjespark, Midrand, 1685
Licenses
Licensed Entity：RCG MARKETS (PTY) LTD
License No. 49769
Keywords 5
2-5 years
Suspicious Regulatory License
White label MT4
Suspicious Overrun
High potential risk
Warning: Low score, please stay away!
2025-10-29
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
3
Basic Information
Registered Region South Africa
South AfricaOperating Period
2-5 years
Company Name
FBK Markets SA (Pty) Ltd
Abbreviation
FBK Markets
Company employee
--
Customer Service Email Address
support@fbkmarkets.com
Contact Number
+27877029234
Company Website
Company Address
400 16th Road, Corner 16th and New Road, Randjespark, Midrand, 1685
Account
Related Software
Biz Area
Website
Company Summary
News
Wiki Q&A
Comment
Account
Environment
--
Currency
--
Maximum Leverage
$0-$1000 - 1:1000 $1001-$2000 - 1:500 $2001-$5000 - 1:300 $5001-$10000 - 1:200 $10001-$Unlimited - 1:100
SupportedEA
Minimum Deposit
R20
Minimum Spread
As Low as 0.5
Depositing Method
(3+) Skrill
Withdrawal Method
--
Minimum Position
0.01
Commission
0
Products
--
Updated：
2025-10-29
MT4/5
White Label MT4
3
MT4 Servers
0
MT5 Servers
173.00
Average execution speed/ms
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Meta Trader 4
Perfect
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Website
fbkmarkets.com
104.21.44.85
Server Location
--ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--
Company Summary
| FBK MarketsReview Summary | |
| Founded | 2020 |
| Registered Country/Region | South Africa |
| Regulation | Suspicious FSCA License |
| Market Instruments | Indices, Commodities, Bonds, Forex |
| Demo Account | / |
| Leverage | 1:100 to 1:1000 |
| Spread | As low as 0 |
| Trading Platform | MT4 |
| Min Deposit | R20 |
| Customer Support | Email: support@fbkmarkets.com |
| Phone: +27877029234, +27870927813 | |
| Contact Form | |
| Live Chat | |
| Social Media: Twitter, WhatsApp, Instagram | |
| Company Address: 400 16th Road, Corner 16th and New Road, Randjespark, Midrand, 1685 | |
| Regional Restriction | United States |
FBK Markets Information
FBK Markets is an unregulated broker incorporated in South Africa. It's a marketplace for forex trading. Traders on this platform get access to the MetaTrader 4 as well as market instruments including forex, indices, commodities, and bonds. With a low minimum deposit of R120 and low spreads, FBK Markets enables traders to access significant market positions even with a smaller initial investment. Though FBK Markets does not provide its service to US residents.
Pros & Cons
| Pros | Cons |
| Multiple Account Types | Suspicious Clone FSCA License |
| Flexible Leverage Rate | Commission Charged for Certain Accounts |
| Low Minimum Deposit Requirements | Regional Restriction |
| Multiple Contact Channels | |
| MT4 available |
Is FBK Markets Legit?
No. FBK Markets is not a regulated platform. Its FSCA license is suspected to be a fake clone.
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
 | Financial Sector Conduct Authority | Suspicious Clone | RCG MARKETS (PTY) LTD | Financial Service Corporate | 49769 |
What Can I Trade on FBK Markets?
This platform accerts to provide markets instruments includes indices, commodities, bonds, and forex.
| Trading Asset | Available |
| forex | ✔ |
| Indices | ✔ |
| bonds | ✔ |
| commodities | ✔ |
| metals | ❌ |
| indices | ❌ |
| energies | ❌ |
| stocks /shares | ❌ |
| cryptocurrencies | ❌ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
Account Types/Fees
FBK Markets offers a range of account types to cater to traders with different trading needs. The available account types include Standard, Zero Spread, Bonus 100, ECN, and Micro accounts, with different features such as spreads, commissions, and minimum deposit requirements. The base currencies available for all account types are ZAR, USD, and GBP.
| Feature/Account Type | STANDARD | ZERO SPREAD | BONUS 100 | ECN | MICRO |
| Base Currency | ZAR, USD, GBP | ZAR, USD, GBP | ZAR, USD, GBP | ZAR, USD, GBP | ZAR, USD, GBP |
| Spread | As Low as 0.5 Pip | 0 | As Low as 0.5 Pip | Tight Spreads | As Low as 0.5 Pip |
| Commission | 0 | $9 per Standard Lot | 0 | $4 per Standard Lot | 0 |
| Minimum Deposit | R100 | R100 | R100 | R100 | R20 |
| Leverage | 1:100 to 1:1000 | 1:100 to 1:1000 | 1:100 to 1:1000 | 1:100 to 1:1000 | 1:100 to 1:1000 |
Leverage
FBK Markets provides flexible leverage options ranging from 1:100 to 1:1000, which allows traders to customize their risk exposure based on their trading strategy.
| Balance | Leverage |
| $0 - $1000 | 1:1000 |
| $1001 - $2000 | 1:500 |
| $2001 - $5000 | 1:300 |
| $5001 - $10000 | 1:200 |
| $10001 - $ UNLIMITED | 1:100 |
Trading Platform
Traders on FBK Markets get access to MetaTrader 4, which is available on multiple devices. MetaTrader 4 (MT4) is a popular electronic trading platform, mainly used for online forex trading. It's favored by retail traders for its intuitive interface, powerful charting tools, and automated trading features.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ❌ | Desktop, Mobile, Web | Experienced trader |
| MT4 | ✔ | Desktop, Mobile, Web | Beginner |
| Trading View | ❌ | Desktop, Mobile, Tablets, Web | Beginner |
Deposit and Withdrawal
FBK Markets accepts a variety of ways to deposit and withdraw clients' money, including Ozow, Skrill, Mastercard, and Visa.
However, they still charge money for deposits and withdrawals. To be noted, they do not specify the exact cost amount on the website, but FBK Markets claims to reserve the right to impose deposit and withdrawal fees as well as limits in their system at any given time.
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Ozow | R100 | / | Instant |
| Mastercard and Visa | R100 | / | Instant |
| Skrill | R100 | / | Instant |
Keywords
- 2-5 years
- Suspicious Regulatory License
- White label MT4
- Suspicious Overrun
- High potential risk
News
Exposure FBK Markets: Something You Need to Know
FBK Markets is an African-rooted broker. In this article, WikiFX will make a comprehensive review of FBK Markets.
2024-08-27 16:34
Exposure Is FBK Markets Reliable?
In today's comprehensive review, WikiFX will delve into the details of FBK Markets, a relatively new Forex broker established in 2020.
2023-06-30 17:30
News WikiFX Reviews FBK Markets | Is It Safe?
In today’s article, WikiFX will be taking you on an in-depth review of FBK Markets, which is a relatively new Forex broker within the industry that was established in 2020.
2023-03-08 17:08
News DJ COACH & FBK MARKETS – FOREX MASTERMIND OR FRAUD
Who is Dj Coach (Forex Broker Killer) and FBK markets? You may ask well this seems to be the question on everybody's lips
2022-10-27 17:54
News FBK Markets: An overall review after it's first year of service
In South Africa, we are no strangers to new brokers popping up in the market. In recent years we have had an explosion of new brokers and with that has come a new set of problems as we have had inexperienced brokers shut down due to their misconduct. Today we will be reviewing FBK Markets, one of the new brokers that joined the South African forex Industry. Can the broker be trusted or should you stay away from this broker?
2022-10-27 17:35
Exposure Client Feedback: Unregulated Broker FBK Markets Claimed To Be Regulated Has Issues With Withdrawal
A complete review about FBK Markets and how they handle their investors
2022-10-27 13:44
View More
Wiki Q&A
Imranali Khatri 
1-2 years
Does FBK Markets offer demo accounts?
No, it doesn't offer demo accounts.
Broker Issues
Leverage
Platform
Account
Instruments
07-17
United States
Bhavani Durga K
1-2 years
What trading instruments are available on FBK Markets?
FBK Markets offers Indices, Commodities, Bonds, and Forex.
Broker Issues
Account
Platform
Leverage
Instruments
07-08
United States
edgeisedge
1-2 years
What is the minimum spread?
The minimum spreads are different for each account, with a minimum spread of 0.5 pips for the Standard, BONUS 100, and Micro accounts, 0 pips for the Zero Spread account, and lower spreads for the ECN account.
Broker Issues
Fees and Spreads
06-16
United States
Phoebe Yao
1-2 years
Is FBK Markets regulated in the United States?
No, it's regulated in South Africa.
Broker Issues
Regulation
06-15
United States
View More
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