Company Summary
| Quick FBS Review Summary | |
| Founded | 1995 |
| Registered Country/Region | Belize |
| Regulation | ASIC, CySEC, FSC (Offshore) |
| Market Instruments | 550+, currency pairs, metals, energies, indices, shares |
| Demo Account | ✅ |
| Min Deposit | $5 |
| Leverage | Up to 1:3000 |
| EUR/USD Spread | Floating around 0.9 pips |
| Trading Platform | FBS app, MT4, MT5 |
| Payment Methods | Visa, MasterCard, Sticpay, etc. (vary by region) |
| Customer Support | 24/7 live chat, callback, Help Center |
| Regional Restrictions | The USA, the EU, the UK, Israel, the Islamic Republic of Iran, Myanmar |
FBS Information
FBS is a regulated broker that provides 550+ tradable instruments, including currency pairs, metals, energies, indices, and shares with leverage up to 1:3000, spread from 0.0 pips and commissions from 0% through FBS app, MT4 and MT5 trading platforms. The minimum deposit requirement is just $5.

Pros and Cons
| Pros | Cons |
| Regulated by ASIC and CySEC | Offshore FSC license |
| Various trading assets | Regional restrictions |
| Leverage up to 1:3000 | |
| MT4/MT5 available | |
| Low minimum deposit requirement | |
| 24/7 multi-channel cutsomer support |
Is FBS Legit?
Yes. FBS is regulated by ASIC in Australia and CySEC in Cyprus, and offshore regulated by FSC in Belize. Regulated brokers are safer than unregulated ones, but investing is inevitably risky.
| Regulated Country | Regulated by | Current Status | Regulated Entity | License Type | License Number |
![]() | Australia Securities & Investment Commission (ASIC) | Regulated | Intelligent Financial Markets Pty Ltd | Market Making (MM) | 000426359 |
![]() | Cyprus Securities and Exchange Commission (CySEC) | Regulated | Tradestone Ltd | Market Making (MM) | 331/17 |
![]() | Financial Services Commission (FSC) | Offshore Regulated | FBS Markets Inc. | Retail Forex License | 000102/460 |




What Can I Trade on FBS?
Traders can invest in 550+ trading instruments, including currency pairs, metals, energies, indices, and shares.
| Tradable Instruments | Supported |
| Currency Pairs | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |

Leverage
The maximum leverage is capped at 1:3000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spread and Commission
FBS offers floating spreads from 0.7 pips and no commissions charged.
Trading Platform
FBS has an authoritative MT4 and MT5 trading platform, favorited by traders ranging from junior to senior traders, and FBS also offers the proprietary trading platform FBS app.
| Trading Platform | Supported | Available Devices | Suitable for |
| FBS app | ✔ | iOS, Android | / |
| MT4 | ✔ | iOS, Android, macOS, Windows | Beginners |
| MT5 | ✔ | iOS, Android, macOS, Windows | Experienced traders |

Deposit and Withdrawal
FBS says to accept 200+ payment methods, such as VISA, Mastercard, Sticpay, etc. (vary on the region). The minimum deposit is $5, and no commissions are charged.
































ummi Sannu
Iraq
I traded and bought the USD/JPY pair at the price of 135.098 with a volume of 0.2 lots. The market reached 135.2, and I lost $25, then it dropped to 135.07, but I only lost $3, and I closed the trade.
Exposure
Musa Nine
United Arab Emirates
I would like to share with you a genuine review of this broker, particularly regarding the severe slippage issue. I entered the world of forex trading with high expectations, but this broker was a huge disappointment.
Exposure
Aisha Mai Samari
Iraq
أعتقد أنه لا توجد إدارة في هذه الشركة وأن جميع الموجودين هنا لا يقومون بعملهم .. منذ الأيام الثلاثة الماضية بعد سحب أرباحي .. عدم الإفراج عنها ..
Exposure
BIDEN
Indonesia
Using FBS is quite comfortable for daily trading. Execution is fairly fast, and the spreads are competitive for major pairs. The mobile app is lightweight, making it convenient for quickly checking positions. It's suitable for those who need a simple yet stable platform for technical execution.
Neutral
Ahmed736
Indonesia
FBS is a joke… account shows funds available but when you try to trade it rejects with ‘not enough money’. They just manipulate the platform to stop traders from opening profitable trades. Feels like a straight scam
Exposure
David3653
Israel
A broker should be truthful transparent and supportive allowing traders to grow This one has proven to be the opposite I traded with them for a long time even when I was blowing accounts there were never any issues The moment I started making growth everything changed Withdrawals became impossible Deposits were rejected The response I received was that the manager rejected my deposit This broker supports losing traders and oppresses growing traders Instead of encouraging success they punish it A fair broker helps traders grow but this one blocks withdrawals rejects deposits and destroys trust
Exposure
Vin⃟tTan | YLT.Xz
Malaysia
A platform with unclear rules that can arbitrarily set profits after the market closes is called abusing power to manipulate price trends. I sold AMD at $1021, and AMD's opening price on August 6 was 1022, but the system set a TP at $1023, resulting in the position being closed at $1024 the next day at the open. I want to ask, isn't the opening price supposed to be based on the market price? Can the system freely manipulate prices?? I have repeatedly requested compensation from customer service, but they refuse every time. If you plan to use FBS, you'd better be careful! FBS is simply a black platform, a price-manipulating platform! I strongly advise against using it, and I will continue to expose it on various platforms!
Exposure
djjsb
India
When i earned profit 2k+ USD and want to withdraw, they always reject it. I used the same method as my deposit but FBS still didnt allow it. I have email them several times but no response
Exposure
brosan
Indonesia
since 2010. I trade with FBS. 2025 i trade again. never disappointed.
Positive
FX4120275928
India
I registered with FBS a little under two years ago and successfully grew my account. After i made some successfully withdrawals FBS disabled my account citing verification as the initial reason. Since then the accusations have grown wild and varied.
Exposure
FX3025090528
India
I made a withdrawal $9 via debit card from FBS they say that in takes 3-5 days but all of that has past now and still nothing on my bank account contacted them in live chat, email support but all they give me is tracking number, Im worried about my remaining profit can I still grow it I'm even afraid to withdraw it because they will tell me stories again. contacted my bank and their tracking number is all a lie.
Exposure
FX6431219482
India
After depositing about $248 into my FBS account and making a good profit, FBS blocked my account. They cited an anti-money laundering (AML) check as the reason, despite the small initial deposit. To verify my account, they requested several documents: a video selfie with my ID, screenshots of my deposit transactions, proof of residence, and proof of the origin of my funds. I submitted everything they asked for on the same day, including my payroll, bank statements showing the deposit to my crypto wallet, the Tether buy order used to fund my FBS account, and a video selfie. I contacted their live chat support to ask about the timeline for the investigation, when I could resume trading, and when I could withdraw my funds. I received no specific answers, only a response to "wait for a new email." The following day, I discovered they had removed all my profits—approximately $1,099.65—through a "Balance Fixed operation."
Exposure
FX1584020804
India
I sold a tesla stock before earning the report and the next day I made a profit from my trade. I sold Facebook stock before the earnings report and when FBS realized that Facebook was dropping about 20% during pre-market they decide to manually set TP on my Facebook trade hence preventing me from making almost 3000USD profit the next day. I complained to FBS and they informed me that according to the FBS agreement they are allowed to set TP for a client. I asked them why they didn't set a TP to the Tesla trade because the Tesla trade had the same trade condition as the Facebook trade and they failed to give me a satisfactory answer. FBS's failure to set TP on Tesla trade made me risk 200USD on Facebook stock and I lost 147USD plus profits I would have made if I had traded with another broker.
Exposure
FX3599344853
India
I have been trading with FBS for a few months now, after i made profit they decided I cannot withdraw with crypto (which happens to be my deposit method, instead I was told i can only withdraw some parts of it (my sole deposit) with crypto and the rest I have to withdraw directly to my local bank. So when I tried doing such, they kept declining my withdrawal requests on both local bank and crypto. So i started chatting with their agents and none of them seem to have an explanation as to why they cannot process my withdrawal. Later on that same day about 17:00pm my whole balance of $2618 was wiped. When i chat the customer care agents again I was told it was an error and i will get an email regarding the issue. Later at night on that same day they deactivated my account, deleted all my trading and transaction history.
Exposure
skysc
India
They cancel bonus at 65% equity to blow account but they say in TnC that bonus will be cancelled if equity/balance falls below 30% of bonus amount. This is how they blow accounts
Exposure
FX3269507792
India
FBS arbitrarily removed my profit after the CPI On August 12, 2025, during the U.S. CPI announcement, I traded GBP/USD legitimately and made a profit of USD 1,148.80. I made a partial withdrawal of USD 100, and hours later, FBS applied an adjustment called “Balance Fixed”, removing USD 586.42 from my account.
Exposure
FX4015831434
India
Since i was been in this trading journey i have never be down or had a bad experience like this and this is heartbreaking, i have an opened position before the market was closed and put stop loss in all, when the market open as usually FBS will not open xauusd on time, by the time fbs open my opens posistion has hit stop loss which is ok for me to accept my losses, BUT it is so unfortunate that my remaining balance of $525 was wiped off by this called fbs, I messages and they send me a form to fill and send it to their email, which i went through all the processing on top of my own money but they called it CLAIMS i don't get that part all!!, now it almost 24 hours without anything be done, what did i do to deserve this? It's a crime to use fbs broker because this causes so much pain and I can't get it out of my head.
Exposure
FX4090428331
India
I used to dismiss claims that FBS manipulates trades to make clients lose money, but today I experienced something that’s hard to ignore. I had a buy position on XAGUSD opened since 28/07/2020. On 31/07/2020, FBS suddenly closed it, claiming the price dropped to $18.667. Not a single other source showed anything close to $18. Screenshots from different platforms clearly show the discrepancy: only FBS had silver priced in the $18 range that day. Because of that, my account balance of over $318 was wiped out when my position was forcibly closed. Based on this experience, I would advise extreme caution when trading with FBS. Something about their price feed doesn’t align with the wider market, and it cost me my trade and funds.
Exposure
FX3511504777
India
These guys got a very poor services, they will not let you withdrawal your money so the solution is do not deposit because, i made a withdrawal and they didn’t approved the transaction and keep saying try again later but in the end they rejected the withdrawal they do not give me the money, STAY AWAY FROM these
Exposure
FX3519963551
India
I tried FBS CopyTrade and it turned out to be a complete scam. Even when the trader’s chart showed profit, I was losing a huge amount of money. When I questioned them, their response shocked me — they said, “You are not allowed to see what the trader is doing because of our privacy policy.” This basically means they can do whatever they want with your funds. There’s zero transparency, so you’ll never understand how a trader’s small 2% drop could wipe out 50% of your investment. Everything is hidden under the excuse of “privacy.” Be careful — FBS is a fraudulent broker.
Exposure
FX2502764202
India
The market didn’t even touch my SL, yet it still got triggered. As you can see, the candlestick only went down to 2651.74, while my SL was set at 2652.00. Can someone explain how this happened?!
Exposure
saaki
India
Be truthful and transparent by letting traders grow not oppressing them when they make a little profit. this broker has turned out to be one of those that supports losing traders and oppress growing traders. I have been trading with them blowing accounts and never had any issues but since I started making a little growth then I can no longer withdraw money even making a deposit and their response to the deposit is that the manager rejected by deposit.
Exposure
HOKIO
Indonesia
SLIPPAGES AND THERE ARE HIDDEN SPREADS STOPLOSS THAT SHOULD BE $2.2 BECOMES $3.1
Exposure