Forex broker review

FBS Review 2026

fbs.eu

Overview and safety

83/100

What is FBS?

FBS is an international forex and CFD broker founded in 2009. The global fbs.com service is operated by FBS Markets Inc., which appears in the Belize Financial Services Commission's active 2026 securities register, while the EU-facing FBS brand is linked to Tradestone Ltd, a separate Cyprus Investment Firm holding CySEC licence 331/17. The two entities have different leverage limits, legal protections and client eligibility, so their trading terms should not be mixed.

What are the Pros of FBS?

FBS's strongest practical features are its low published international entry deposit of USD 5, commission-free headline pricing, floating spreads from 0.7 pips, more than 550 CFD instruments, MetaTrader 4, MetaTrader 5, WebTrader and the FBS App. The global offer also includes negative-balance protection, swap-free availability in relevant regions, demo trading and more than 200 payment providers. For EU clients, the separate CySEC-regulated Tradestone Ltd entity provides a stronger regulatory framework than the Belize global entity.

What are the Cons of FBS?

The main drawbacks are jurisdictional complexity and very high leverage outside the EU. FBS advertises forex leverage up to 1:3000 on its international service, which can magnify losses extremely quickly, while EU retail clients under Tradestone Ltd are subject to much lower regulatory leverage caps. The global entity is regulated in Belize rather than by an EU/UK top-tier regulator, and availability, protections, promotions and product terms differ materially by contracting entity.

What are the FBS Current Promos?

No broad public FBS retail deposit-bonus campaign for new 2026 clients was verified on the current global account, funding or news pages reviewed on 31 August 2026. FBS did run time-limited campaigns such as the 2025 Birthday Quest and Happy New Trade promotion, but those campaigns had explicit 2025 end dates and are not presented as current offers. Any region-specific campaign appearing inside an authenticated client area can have separate eligibility and expiry terms.

What are the FBS Highlights?

Current FBS highlights include a USD 5 initial deposit on the international account, spreads from 0.7 pips, commissions from zero, forex leverage up to 1:3000 outside restricted/regulatory regimes, more than 550 CFD assets and support for MT4, MT5, WebTrader and the FBS App. FBS also publishes negative-balance protection on the international offer, while Tradestone Ltd provides the separately regulated EU anchor under CySEC licence 331/17.

What is the FBS Origin Story?

FBS states that it began operations in 2009. Its company timeline records continued international expansion, the 27-millionth client milestone in 2022 and a major brand refresh and upgraded mobile app in 2024, when it marked its 15th anniversary. The current structure separates the global FBS Markets Inc. business from the EU-facing Tradestone Ltd Cyprus investment firm, rather than treating FBS as one universally regulated legal entity.

Is FBS Legit and Trustworthy?

FBS is a real operating brokerage group with independently verifiable regulatory entities: FBS Markets Inc. is listed as active in the Belize FSC's 2026 securities register, and Tradestone Ltd holds CySEC licence 331/17. That does not make every FBS account identical in protection. A client's trust assessment should follow the legal entity named in the agreement, because the international Belize account can offer much higher leverage and different compensation rights from the EU account.

Is FBS Regulated and who are the Regulators?

Yes. FBS uses different legal entities by jurisdiction, so the applicable regulator and client protections depend on the contracting entity. The complete retained Broker Fit regulator set is Tradestone Ltd — Cyprus Securities and Exchange Commission (CySEC), licence 331/17; Intelligent Financial Markets Pty Ltd, trading as FBS Oceania — Australian Securities and Investments Commission (ASIC), AFSL 426359; FBS Markets Inc. — Belize Financial Services Commission, licence 000102/31; and Trade Stone SA (Pty) Ltd — South African Financial Sector Conduct Authority (FSCA), FSP 50885, retained with current-status-unverified wording because the current FSCA live-register row still could not be independently reproduced through the available authoritative interface.

Tradestone Ltd remains the current FBS EU investment firm. Current FBS EU and CySEC evidence identifies licence 331/17, and FBS EU states that eligible clients fall within the Investor Compensation Fund, client money is segregated and retail negative-balance protection applies. Those protections belong to the CySEC/Tradestone account and cannot be copied to the Belize, Australian or South African relationship by brand association.

FBS Oceania remains operated by Intelligent Financial Markets Pty Ltd under AFSL 426359. Current Australian first-party material confirms the local entity and retail negative-balance protection and explicitly limits that route to Australian residents. The international fbs.com route remains operated by FBS Markets Inc., Belize registration 000001317 and licence 000102/31, and its current disclosure excludes EU residents. Cyprus company НDС Technologies Ltd (HE 370778) remains payment-transaction context only and is not an investment licence.

The Trade Stone SA (Pty) Ltd / FSCA FSP 50885 relationship is deliberately preserved rather than deleted. It was previously verified, but this revalidation again could not obtain a reproducible current authoritative register result. ForexBrokersInfo therefore keeps it as a historical/retained regulatory relationship with current status unresolved; third-party statements are not sufficient to upgrade it to confirmed-current.

For Belgium, CySEC authorisation does not override local product rules. The verified FBS EU proposition is leveraged forex/CFD trading, while Belgium's FSMA prohibits consumer distribution via electronic platforms of leveraged OTC CFDs and rolling-spot forex. The Belize and Australian routes separately exclude EU residents. FBS therefore remains restricted for Belgium, forex/CFDs remain unavailable for Belgian consumer distribution, and no Belgian Open Account CTA is allowed without an explicitly verified compliant route.

Verified regulators and legal entities
RegulatorLegal entityLicence / statusOversight rating
ASICAustralian Securities and Investments CommissionIntelligent Financial Markets Pty LtdAustralia-only FBS Oceania CFD/forex entityLicence AFSL 42635995/100Comprehensive oversight
CySECCyprus Securities and Exchange CommissionTradestone LtdCurrent FBS EU investment firmLicence 331/1789/100Strong oversight
FSC BelizeFinancial Services Commission BelizeFBS Markets IncInternational FBS route; global site excludes EU residentsLicence 000102/3148/100Limited oversight
FSC BelizeBelize Financial Services CommissionFBS Markets Inc.International FBS Markets Inc. route; explicitly excludes EU residentsLicence 000102/3148/100Limited oversight
FSCAFinancial Sector Conduct AuthorityTrade Stone SA (Pty) LtdPreviously verified South African FBS/Trade Stone relationship retained for auditability pending authoritative current-status confirmationLicence FSP 5088582/100Strong oversight

Did FBS win any Awards?

FBS has documented recent awards with identifiable issuers. In 2025, the FBS App was named Best Mobile Trading App Global at the UF Awards Global. FBS also announced Best Forex Broker Asia 2025 and Best Forex Customer Service Broker Asia 2025 from World Business Outlook, plus Best Mobile Trading App Asia 2025 and Best IB Program Asia 2025 from International Business Magazine. These are named awards rather than undated marketing badges.

What type of Forex Broker is FBS?

The international FBS service is an OTC forex/CFD brokerage rather than an exchange where clients take ownership of underlying assets. The Belize FSC register authorises FBS Markets Inc. to trade in securities both as principal and as agent. FBS publishes market-execution conditions through MetaTrader and its own platforms, but the exact counterparty, execution venue and order-routing terms depend on the contracting entity and instrument stated in the applicable client agreement.

How do I get in Contact with FBS?

FBS publishes support through its Help Center, live contact channels and email. The global disclosures list support@fbs.com and telephone numbers including +501 611 0594, while the site also displays +357 22 010970 for relevant regional contact. The Help Center identifies FBS Markets Inc. and gives the Belize office at The Bentley, #16 Cor A Street & Princess Margaret Drive, Belize City. Clients should identify their contracting entity when raising account or regulatory questions.

Where are the Headquarters from FBS based?

For the global service, FBS identifies FBS Markets Inc. and publishes an office at The Bentley, #16 Cor A Street & Princess Margaret Drive, Belize City, Belize. The EU service is legally separate: CySEC lists Tradestone Ltd at 89 George A, Mairoza Complex, Block A, 1st Floor, Potamos Germasogeias, Limassol, Cyprus. Because FBS has multiple legal entities, describing either address as the universal headquarters would hide an important jurisdiction difference.

What kind of Customer Support is offered by FBS?

FBS provides a multilingual online Help Center plus email, telephone and site-based support. The current global legal/help pages publish support@fbs.com and phone contact including +501 611 0594, with an additional +357 22 010970 number shown for relevant regional servicing. Support availability does not erase entity differences: account, withdrawal and complaint questions should reference the exact FBS legal entity and trading account involved.

Which Educational and Learning Materials are offered by FBS?

FBS currently maintains a substantial education and market-analysis library. Its site includes the FBS Academy/traders' blog, beginner and trading-strategy material, market news and analytics, economic content and VIP Analysis for qualifying users. Platform pages also explain MetaTrader functionality, robots and strategy testing. The material is broker-produced education and research, so it should be separated from independent investment advice or any promise of trading performance.

Does FBS hedge Positions?

FBS supports hedging on its MetaTrader 5 offering: the current MT5 account page explicitly lists hedging among the platform/account capabilities. Hedging lets a trader hold offsetting positions, but it does not eliminate spread, financing, margin or market risk. Margin treatment can depend on symbol and account rules, so the key verified fact is that hedging functionality is available on the current MT5 setup rather than assuming a universal zero-margin treatment.

Accounts and eligibility

80/100

Can anyone join FBS?

FBS is not available to everyone. Its current global disclosures state that services are not offered to residents of jurisdictions including the United States, the European Union, the United Kingdom, Israel, India, Iran and Myanmar through the global fbs.com entity. EU users are handled through the separate regulated European structure where eligible. Registration also requires identity verification and acceptance under the legal entity that is permitted to serve the client's country.

Who should sign up with FBS?

FBS is best suited to active forex/CFD traders who want a low international entry deposit, MetaTrader 4 or 5, the FBS App/WebTrader, a broad CFD catalogue and flexible leverage while understanding the risks of the Belize-regulated global entity. EU traders who qualify for the Tradestone Ltd service may value the CySEC framework instead. The product fit is strongest for users comfortable with leveraged derivatives rather than long-term investors seeking direct ownership of securities.

Who should NOT sign up with FBS?

FBS is a poor fit for conservative investors, anyone who could be tempted to use 1:3000 leverage without strict risk controls, residents of countries excluded by the relevant FBS entity, or users seeking direct ownership of shares or cryptocurrencies rather than CFDs. It is also unsuitable for someone who assumes that CySEC licence 331/17 covers every fbs.com account; international clients can contract with the separate Belize-regulated FBS Markets Inc. entity.

Does FBS offer Discounts, Coupons, or Promo Codes?

No universal 2026 FBS coupon or deposit-bonus code was verified on the public account and funding pages during this audit. Recent FBS promotions were campaign-specific and time-limited, including the 2025 Birthday Quest and Happy New Trade campaign, whose published periods have ended. FBS does maintain partner/IB activity and may display targeted regional offers, but an expired campaign or third-party coupon should not be represented as a currently redeemable retail bonus.

Which Account Types are offered by FBS?

FBS's current international retail offer is more streamlined than its older multi-account catalogues. The public onboarding and MT4/MT5 pages promote a core forex/CFD account accessible on MetaTrader and FBS platforms, with demo and swap-free options where eligible. The current headline entry deposit is USD 5, spreads start from 0.7 pips and commissions start from zero. EU account structure and limits are governed separately through Tradestone Ltd.

How to Open a FBS LIVE Account?

To open an FBS live account, the current process is to register a Trader Area/profile, confirm the required contact details, complete identity verification, create the appropriate trading account, choose an available funding method and deposit before trading. FBS's deposit guide distinguishes express and standard verification paths and says standard verification can require identity documentation. Eligibility and the legal entity offered are determined by country of residence.

How to Open a FBS DEMO account?

FBS offers demo trading. Its current MetaTrader 5 page states that a demo account can be opened with USD 10,000 in virtual funds, allowing users to practise on MT5 without putting real capital at risk. Demo access is also part of the broader platform offering. A demo replicates platform functions and market pricing but cannot demonstrate real withdrawal processing, slippage under all conditions or the legal protections attached to a funded live account.

If I violate the Trading Objectives of FBS do I get a second chance?

FBS is a retail forex/CFD broker, not a proprietary-trading challenge company, so its ordinary live accounts do not have a funded-account profit target that must be reached. The international account page instead publishes margin-control parameters, including a 40% margin-call level and 20% stop-out level. Trading profit or loss belongs to the account subject to the broker's CFD terms, margin requirements and withdrawal/KYC rules.

How Are You Protected as a Client at FBS?

FBS publishes several client-protection controls for the international service: client money is described as held in segregated accounts at multiple tier-1 banks, withdrawals can use one-time-password verification, payment processing is presented as PCI DSS compliant, and negative-balance protection is advertised for the trading account. Statutory investor-compensation rights are entity-specific, so protections associated with CySEC-regulated Tradestone Ltd should not be automatically attributed to a Belize FBS Markets Inc. account.

What are FBS AML ID requirements?

FBS requires identity verification as part of live-account onboarding. Its current deposit/verification guide describes express verification and a standard verification route that requires an identity document; the account process also uses verified email/phone/profile information and payment-source controls. The exact document set can vary by country and risk profile, but a client should expect KYC/AML checks before unrestricted funding and withdrawal access.

Deposits, withdrawals and fees

82/100

Which Deposit and Withdrawal options are available at FBS?

FBS handles deposits and withdrawals through the Trader Area using payment methods available to the client's country. The broker states that it supports more than 200 providers, that many deposits are credited instantly, and that automated instant withdrawals are available for supported methods. Withdrawals remain subject to verification, payment-source and security controls, including OTP confirmation. Currency conversion can occur when the payment currency differs from the account currency.

Which Funding methods or Deposit Options are available at FBS?

FBS advertises more than 200 deposit and withdrawal providers globally, with the actual selection determined by country. The current funding pages describe bank-card/electronic/local payment choices and automated processing rather than one worldwide fixed list. Many deposits are described as instant and deposit fees can start from zero. Where an incoming currency differs from the trading account's USD or EUR base currency, the broker can convert the funds before crediting the account.

What is the Minimum Deposit Amount at FBS?

The current FBS international account pages advertise an initial deposit from USD 5. That figure applies to the global offer and can still be affected by the minimum imposed by a chosen payment provider or local currency conversion. It should not be automatically transferred to the separate EU entity or to every regional payment method. The USD 5 figure is the broker's current published entry threshold for the international account as of this audit.

Which Withdrawal methods are available at FBS?

FBS withdrawal methods are selected inside the Trader Area and vary by country and payment provider. The broker advertises more than 200 payment providers overall and supports automated instant withdrawals for eligible rails, while other methods have provider-specific settlement times. Security controls include OTP confirmation and KYC/payment-source checks. A client therefore receives a country-specific withdrawal list rather than one universal worldwide set of bank, card and wallet options.

How can I Withdraw Money from FBS Step by Step?

A withdrawal is initiated from the FBS Trader Area by selecting an available payment method, entering the requested amount and completing the required security/verification steps. FBS states that some withdrawals are automated and instant, while other methods take longer depending on the provider. KYC, payment-source matching and OTP controls can affect processing. Traders should distinguish broker processing time from the additional time a bank, card network or e-wallet may need to post funds.

Does FBS Payout?

FBS does not offer a fixed payout percentage on its normal forex/CFD account. The amount that can be withdrawn depends on realised account equity, open-position margin requirements, trading results and verification/payment controls. The account page publishes margin-call and stop-out parameters rather than a guaranteed return. Any profit shown in a live account remains exposed to trading and financing effects until positions are closed and the withdrawal is successfully processed.

Which Fees are charged by FBS?

FBS's current international headline pricing is commission from zero and floating spreads from 0.7 pips. Total cost can also include overnight swap/financing charges, currency conversion and wider variable spreads during illiquid or volatile periods. Some payment methods are advertised with fees starting from zero, but provider-specific costs can differ. Comparing FBS costs therefore requires the actual instrument, holding period and payment method rather than relying only on the zero-commission headline.

Trading conditions and platforms

84/100

What can I trade with FBS?

The FBS international service advertises more than 550 CFD instruments, including over 70 forex pairs plus shares, indices, metals, energies and cryptocurrency-related CFDs where permitted. These are leveraged derivative positions rather than direct ownership of the underlying asset. The exact symbol list depends on platform and jurisdiction, and EU availability can differ from the global FBS Markets Inc. catalogue because Tradestone Ltd operates under a separate regulatory regime.

Which Trading Platforms are offered by FBS?

FBS currently supports MetaTrader 4, MetaTrader 5, its browser-based WebTrader and the FBS App. MT4 and MT5 are available across desktop/mobile environments, while WebTrader lets clients trade from a compatible browser without installing desktop software. The MT5 page includes built-in analytical tools, strategy testing and MQL5 automation support. Platform availability can still depend on the account and contracting entity offered in a client's country.

Which Trading Instruments are offered by FBS?

FBS publishes a 550+ instrument CFD catalogue with more than 70 currency pairs and additional markets in shares, stock indices, metals, energies and cryptocurrencies where allowed. Cryptocurrency products are CFDs, so the client speculates on price without receiving transferable coins. Instrument counts and individual symbols can differ by region and platform, especially between the global Belize service and the CySEC-regulated EU service.

Which Trading Servers are offered by FBS?

FBS uses broker-issued live and demo account connections for MetaTrader 4 and MetaTrader 5, and the account credentials identify the appropriate server/connection after an account is created. The current public product pages do not publish a single definitive 2026 catalogue of all live/demo server names across every entity and region. The verifiable point is that MT4/MT5 server access is tied to the specific created account, while WebTrader and the FBS App use the broker's account environment.

Which are the Base Currencies supported by FBS?

FBS's current international deposit guide identifies USD and EUR as the core trading-account currencies and explains that incoming local currencies can be converted when they differ from the trading account's currency. Payment providers can support many local deposit currencies without making each one a trading-account base currency. Because account structures differ by region, USD/EUR support on fbs.com should not be treated as a guarantee that every Tradestone Ltd account has the same base-currency menu.

Can I trade Crypto with FBS? Which crypto currencies are supported by FBS?

FBS offers cryptocurrency CFDs in supported jurisdictions, including major coins such as Bitcoin and Ethereum along with additional crypto symbols listed in its contract specifications. These products are traded as CFDs through FBS platforms, so clients do not receive or withdraw the underlying cryptocurrency to a personal wallet. Crypto availability is jurisdiction-dependent and can be restricted under the rules applying to the client's legal entity.

What is the Leverage on my FBS Trading Account?

On the international FBS service, forex leverage can be selected from 1:1 up to 1:3000, subject to equity-based limits and instrument-specific caps. FBS progressively reduces the maximum leverage as account equity rises, while non-forex asset classes use lower fixed limits. EU retail clients under Tradestone Ltd do not receive 1:3000 leverage; their leverage is constrained by the applicable European retail-CFD rules.

How can I change the Leverage on my FBS Trading Account?

FBS states that international clients can change their selected leverage in the Trader Area. The available maximum is not always 1:3000: it is constrained by the account's current equity and by the instrument being traded, with lower maximums as equity grows. A leverage change also changes required margin, so increasing the setting can materially increase position-size risk even when the platform technically permits the adjustment.

What kind of Spreads are offered by FBS?

FBS publishes floating spreads from 0.7 pips on its current international account. That is a minimum advertised starting level, not a fixed EUR/USD quote guaranteed at all times. Spreads can widen with liquidity and volatility, and total trading cost may include overnight financing even where commission is zero. EU spreads and product conditions should be confirmed separately under the Tradestone Ltd offering rather than copied from the international site.

Does FBS offer MAM Accounts or PAMM Accounts?

A current native FBS MAM or PAMM managed-account programme was not verified in the public FBS account, platform and Help Center material reviewed on 31 August 2026. FBS does support MetaTrader and partner/IB activity, but those services are not the same as a broker-operated MAM/PAMM allocation product. This review therefore does not claim that retail clients can currently join an FBS PAMM or MAM account without a specific current programme and legal terms.

Does FBS allow Expert Advisors?

FBS supports Expert Advisors and other algorithmic strategies on MetaTrader. Its current MT5 page specifically references MQL5 robots, automated trading, the Strategy Tester and VPS-related functionality, while MT4 provides the standard MetaTrader EA environment. Automated trading remains subject to account and execution rules, and an EA can amplify losses just as quickly as manual trading when combined with the high leverage available on the international service.

Does FBS offer Copytrading?

FBS no longer operates its former standalone FBS CopyTrade service: the broker's own CopyTrade page states that the service stopped working on 22 September 2022. Current FBS clients still have MetaTrader and automation tools, but those should not be misrepresented as the old native CopyTrade network. No replacement public FBS-branded copy-trading service with current strategy-provider terms was verified in the pages audited on 31 August 2026.

Sources

Last reviewed September 16, 2026. Product availability, leverage, pricing and client protection can differ by country and legal entity.

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