FBS Review 2026

FBS Markets Inc. is regulated by the Financial Services Commission in Belize under license number 4077102. The company registration number is 000001317. The headquarters address is The Bentley, #16 Cor A Street & Princess Margaret Drive, Belize City, Belize. Office locations include Belize and Cyprus. Regulator jurisdictions listed for the broker include Australia, Cyprus, and Belize.

FBS keeps client funds segregated from company funds and provides negative balance protection. If an account balance goes negative after positions close, the broker covers the negative balance under normal conditions. Margin call is set at 40%, and stop out is set at 20%.

KYC verification is mandatory. This protects the account, supports anti-money-laundering controls, and is required for secure withdrawal processing.

FBS has no investor compensation scheme and is not publicly traded. Restricted countries include Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, India, Iran, Ireland, Israel, Italy, Latvia, Lithuania, Luxembourg, Malta, Myanmar, North Korea, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom, and United States.

Spreads

FBS uses floating spreads. The average EURUSD spread is 1.2 pips, the average GBPUSD spread is 1.6 pips, the average XAU/USD gold spread is 0.37 points, and the average S&P 500 CFD spread is 0.6 points.

Commission

FBS does not charge a standard trading commission on the main account setup. Trading costs mainly come from the spread and from overnight financing when positions stay open after the daily rollover time.

Overnight Swap Fees

Overnight swap fees apply to standard accounts when a position remains open after rollover. Swaps can be debit or credit depending on the instrument, direction, and interest-rate difference. Triple swap is commonly applied on Wednesday for forex positions to cover the weekend settlement cycle.

Deposit, Withdrawal, and Inactivity Fees

FBS does not charge an internal deposit fee, does not charge an internal withdrawal fee, and does not charge an inactivity fee. Third-party banks, card providers, crypto networks, and e-wallets can still charge their own fees. Currency conversion fees apply when a trader funds, withdraws, or trades in a currency different from the account base currency.

Deposit Methods

FBS deposit methods include crypto, Visa, Skrill, PayPal, Alipay+, UnionPay, and Mastercard. FBS also supports more than 200 payment providers through its funding setup.

Withdrawal Methods

FBS withdrawal methods include crypto, Skrill, PayPal, Alipay+, UnionPay, Visa, and Mastercard. The same payment-channel logic is used for deposits and withdrawals, so traders should use a method registered in their own name.

Processing Time

Average deposit processing time is 5 to 15 minutes for e-wallets and cards. Bank transfer deposits can take up to 10 business days. Average withdrawal processing time is up to 48 hours for e-wallets, up to 72 hours for crypto, up to 7 business days for cards, and 7 to 10 business days for bank transfers.

Forex

Forex is the main market at FBS. The broker offers major, minor, and exotic currency pairs. Forex leverage can reach 1:3000 on eligible Standard accounts when equity is from $0 to $199. Forex traders can use scalping, hedging, news trading, Expert Advisors, and manual day-trading strategies.

Commodities and Metals

FBS offers metals and commodities through CFDs. Leverage for metal derivatives is set at 1:500. Gold is useful for traders who follow inflation data, US dollar strength, and risk sentiment.

Indices

FBS offers index CFDs, including S&P 500 CFDs. The average S&P 500 CFD spread is 0.6 points. Index and energy derivatives have leverage of 1:200, while US30, US100, and US500 have leverage of 1:500 under the trading conditions.

Stocks

FBS offers stock CFDs. Stock CFDs allow traders to take long or short positions without owning the underlying shares. Stock CFD leverage is up to 1:100. FBS can reduce leverage for new stock CFD positions during the two hours before the official market close of the underlying stock exchange.

Energies

Energy CFDs are available for traders who follow oil and gas markets. Energy derivatives have leverage of 1:200. Energy prices can move quickly around inventory data, OPEC news, geopolitical risk, and US dollar changes.

Crypto-Based CFDs

Crypto-based CFDs are included in the leverage conditions. Leverage for crypto-based CFDs is set at 1:500. Crypto CFD trading carries high volatility, so beginners should use smaller lot sizes and clear stop-loss levels.

Leverage Restrictions

FBS uses dynamic leverage. For Standard accounts, equity from $0 to $199 can access leverage of 1:3000. Equity from $200 to $4,999 can access 1:2000. Equity from $5,000 to $29,999 can access 1:1000. Equity from $30,000 to $149,999 can access 1:500. Equity from $150,000 or more starts at 1:400 and can be reduced further to 1:200, 1:100, 1:50, 1:25, 1:10, 1:5, or 1:1.

MetaTrader 4

FBS supports MetaTrader 4. MT4 is suitable for forex, metals, indices, and energies. It includes technical indicators, charting tools, pending orders, one-click trading, and Expert Advisors for algorithmic trading. MT4 is available on desktop, web, and mobile.

MetaTrader 5

FBS supports MetaTrader 5. MT5 gives traders more market-depth tools, more timeframes, more order types, and better multi-asset support than MT4. It is a good choice for traders who want to trade forex and CFDs from one platform.

FBS App and WebTrader

FBS has its own app and a browser-based WebTrader. The FBS app supports account management, deposits, withdrawals, chart access, and mobile trading. WebTrader lets traders access the market from a browser without installing desktop software.

Copy Trading and Social Trading

FBS supports copy trading and social trading through its copy-trading setup. Investors can follow selected traders and copy their strategies. Traders who share strategies can earn commission from copiers. Standard traders receive 5% commission from copiers, and PRO traders can set commission rates up to 80%.

API Trading and Expert Advisors

FBS supports automated trading through MT4 and MT5 Expert Advisors. This is the main automation route for algorithmic traders. Direct proprietary REST or FIX API access is not a core part of the main platform stack, so most automated strategies run inside the MetaTrader environment.

VPS Hosting

FBS offers VPS hosting for traders who run Expert Advisors and need stable platform access. The VPS is free when the trader completes at least 3 standard lots in the previous month. To activate the service, a one-time deposit of at least $450 is required. If the 3-lot monthly requirement is not met, a $33 monthly fee is charged from the second month.

Opening Process

The account opening process is simple. A trader registers with an email and password, verifies the profile with KYC documents, selects the account type, deposits funds, and then trades through MT4, MT5, WebTrader, or the FBS app. KYC is required for secure deposits and withdrawals. Common documents include a government-issued ID and proof of residence.

FBS currently has one live account type for new clients: the Standard account. This is important for readers because Cent accounts are not available for new account registration at this time. The broker’s support team gave the following clarification:

Please note that Cent accounts are currently unavailable, and it is not possible to open a new Cent account at this time. There is no confirmed timeline for when this option will be available again. As of now, we only have one account type: the Standard account. However, we will keep you informed of any updates as soon as they become available.

Because of this, the Standard account is the main live account to review. Traders can still use a demo account for practice before moving to live trading, and eligible traders can request a swap-free setting if they need Islamic trading conditions.

Standard Account

The Standard account is the main FBS account type. It is suitable for beginners and intermediate traders who want regular forex and CFD trading conditions. The minimum deposit is $5, the minimum trade size is 0.01 lot, and the maximum leverage is up to 1:3000 on eligible forex accounts. Spreads are floating from 0.7 pips, and there is no standard trading commission.

This account supports forex, metals, indices, stocks, and other CFDs. It works with MT4, MT5, WebTrader, and the FBS app. This makes it the most practical account type for traders who want access to the full FBS platform setup.

FBS support is available 24/7 through live chat, email, and phone. The email is [email protected]. The phone numbers are +357 22 010970 and +501 611 0594.

The live chat starts with an AI assistant. The AI assistant gives basic replies, but its answers are not always helpful for account-specific or detailed trading questions. When the issue needs a human answer, the chat transfers to a support agent in less than 2 minutes.

Support languages include English, Bahasa Indonesia, Thai, Spanish, Kiswahili, Tagalog, Portuguese, Bahasa Melayu, Arabic, and Turkish. Website languages include English, Arabic, Bahasa Indonesia, Bahasa Melayu, Spanish, Turkish, and Thai.

The average response times are 1 hour for email, 1 minute for chat, and 10 minutes for phone. This gives beginners direct access to help during funding, verification, platform setup, and withdrawal requests.

FBS provides market research through an economic calendar and trading calculators. These tools help traders plan around major events such as inflation data, central-bank decisions, NFP, and GDP releases. The calculator tools are useful for checking margin, pip value, swap, and position size before opening a trade.

The broker also provides market analytics and trading ideas through its website and platform ecosystem. These resources help beginners understand what is moving the market, but trade decisions still need a clear risk plan, stop-loss level, and position-size rule.

FBS offers education through FBS Academy, the Trader's blog, trading tutorials, and a glossary. These resources cover forex basics, pips, leverage, risk management, technical analysis, trading strategies, and platform use.

The education section is beginner-friendly because it explains common trading terms in simple language. New traders can start with topics such as what a pip is, how margin works, how to place stop-loss orders, and how to avoid emotional trading.

Deposit Bonus

FBS has a deposit bonus. The current structure gives 100% extra funds on the first deposit and up to 60% on later deposits over $100. Some 100% deposit-bonus terms set a maximum bonus of $20,000, or up to $10,000 per deposit and $25,000 total, depending on the active promotion terms. Bonus funds are used for trading margin and are not simple cash withdrawals.

No-Deposit Bonus

A no-deposit bonus is not the main current bonus structure. FBS focuses on deposit-based bonus terms. Older welcome-style structures included a $100 Quick Start bonus in the FBS Trader app and a $50 welcome bonus account, both with verification and trading-volume rules before profit withdrawal.

Welcome Bonus

Welcome-bonus terms are rule-based. They require registration, profile verification, and trading-volume conditions before any profit withdrawal. Bonus profit is usually withdrawable only after the required lot volume is completed. Bonus availability depends on the trader's region.

Affiliate Program

FBS has an affiliate and partner program. The structure includes CPA payments up to $1,500 per trader and revenue share up to 70% of the spread. Partner commission can also be described as $15 to $80 per lot traded, depending on the client type, region, and partner structure.

Loyalty Program

FBS has a loyalty program. Traders earn points from trading activity and can exchange them for rewards. The reward structure uses status levels such as Silver, Gold, and Platinum.

Trading Contests

FBS runs trading contests during set campaign periods. Contest formats include demo contests, live trading competitions, and partner contests. Prize types can include cash awards, devices, and other campaign rewards.

FBS is a practical broker for beginners and intermediate traders who want a low minimum deposit, familiar platforms, copy trading, and flexible leverage. The main strengths are the $5 starting deposit, 0.01-lot minimum size, no standard trading commission, swap-free account option, and 24/7 customer support.

The main risk is leverage. A maximum of 1:3000 can open large positions with a small balance, but it can also close an account quickly when the market moves against the trade. Beginners should use small lot sizes, lower leverage, stop-loss orders, and a clear risk-per-trade rule.

FBS is better suited to traders who accept offshore FSC regulation and do not require an investor compensation scheme. Traders who need stricter top-tier regulation, exchange-listed broker transparency, or fixed-spread pricing should compare other brokers before opening a live account.