If you’re searching for a trustworthy Forex broker, you’ve probably come across FBS. But is FBS legit? Does it offer good trading conditions? In this detailed FBS review, we’ll cover everything you need to know regulation, trading platforms, account types, fees, pros and cons, and more.
By the end of this review, you’ll know whether FBS is the right broker for you.
FBS Overview
FBS is an international Forex and CFD broker founded in 2009. It offers trading in Forex, stocks, indices, metals, and cryptocurrencies. FBS is known for its low spreads, multiple account types, and user-friendly platforms like MetaTrader 4 and MetaTrader 5.
The broker is regulated by several financial authorities, making it a safe choice for traders worldwide.
Is FBS Legit and Regulated?
Safety is the most important factor when choosing a broker. FBS is regulated by:
✔ IFSC (Belize) – License No. IFSC/000102/310
✔ CySEC (Cyprus) – License No. 331/17
✔ ASIC (Australia) – License No. 426359
While FBS is not regulated by the FCA (UK) or the SEC (US), its licenses from CySEC and ASIC ensure strong oversight and fund security.
🔹 Client funds are kept in segregated accounts (separate from company funds).
🔹 Negative balance protection is available for EU clients.
FBS Trading Platforms
FBS supports the most popular trading platforms:
1. MetaTrader 4 (MT4)
✅ Best for beginners & experts
✅ Advanced charting tools
✅ Automated trading (Expert Advisors)
2. MetaTrader 5 (MT5)
✅ More assets & timeframes
✅ Better technical indicators
✅ Economic calendar built-in
3. FBS Trader App (Mobile Trading)
✅ User-friendly for smartphones
✅ One-click trading
✅ Real-time alerts
FBS Account Types
FBS offers multiple account types to suit different traders:
| Account Type | Min. Deposit | Spreads | Leverage | Features |
|---|---|---|---|---|
| Cent Account | $1 | From 1 pip | 1:1000 | Good for beginners, trade in cents |
| Standard Account | $100 | From 1 pip | 1:3000 | Classic trading, no commissions |
| Micro Account | $5 | From 3 pips | 1:3000 | Fixed spreads |
| Zero Spread Account | $500 | 0 pips | 1:3000 | Low spreads + commission |
| ECN Account | $1000 | From 0 pips | 1:500 | Best for scalping, raw spreads |
🔹 Islamic Accounts (Swap-Free) are available for Muslim traders.
FBS Fees & Spreads
FBS offers competitive spreads:
- From 0 pips on ECN & Zero Spread accounts
- From 1 pip on Standard accounts
- No deposit/withdrawal fees (some payment methods may charge)
⚠ Overnight fees (swap rates) apply for positions held overnight.
Deposits & Withdrawals
FBS supports fast and easy transactions:
💳 Payment Methods:
- Bank Transfer
- Credit/Debit Cards (Visa, Mastercard)
- E-wallets (Skrill, Neteller, Perfect Money)
- Cryptocurrencies (Bitcoin, USDT)
💰 Minimum Deposit: $1 (Cent Account)
⏳ Withdrawal Time: Instant to 3 business days
FBS Pros & Cons
✅ Pros
✔ Low minimum deposit ($1)
✔ Tight spreads (from 0 pips)
✔ Multiple regulated licenses
✔ Fast withdrawals
✔ Good selection of trading platforms
❌ Cons
❌ No US or UK clients accepted
❌ High leverage can be risky
❌ Limited educational content
FBS Customer Support
FBS offers 24/7 customer support via:
- Live Chat (fastest response)
- Email ([email protected])
- Phone (varies by region)
- Social Media (Facebook, Telegram)
Most users report quick and helpful responses.
Final Verdict: Is FBS a Good Broker?
Yes, FBS is a reliable broker for traders who want:
✔ Low spreads & multiple account options
✔ MetaTrader 4 & 5 support
✔ Fast withdrawals
However, if you’re in the US or UK, you’ll need to find another regulated broker.
🔹 Best For:
- Beginners (Cent Account)
- Scalpers (Zero Spread Account)
- High-leverage traders
🔹 Not Recommended For:
- US/UK traders
- Those needing advanced education
FAQ for FBS
1. Is FBS safe?
Yes, FBS is regulated by CySEC, ASIC, and IFSC.
2. What is the minimum deposit for FBS?
Just $1 for a Cent Account.
3. Can I trade cryptocurrencies on FBS?
Yes, FBS offers Bitcoin, Ethereum, and other crypto CFDs.
4. Does FBS offer a demo account?
Yes, a free demo account is available.
5. How do I withdraw money from FBS?
Go to “Withdraw Funds” in your account and choose a payment method.
Conclusion
FBS is a trusted Forex broker with low fees, multiple account types, and strong regulation. It’s a great choice for beginners and experienced traders looking for flexible trading conditions.
👉 Open an FBS Account Today and start trading!
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