Trading forex & CFDs is high risk and can result in the loss of all your capital. Only trade with money you can afford to lose. Not investment advice.

FBS Review

Visit Website

Our rating 4.1/5 Reviewed by Top30ForexBrokers Team Published Updated How we rate

FBS has traded since 2009 and reports 27M+ clients across 150+ countries. Outside the EU you contract with FBS Markets Inc under Belize FSC licence 000102/31; EU clients contract with Tradestone Ltd under CySEC licence 331/17, where leverage is capped at 1:30 rather than 1:3000. The minimum deposit is 5 USD, spreads float from 0.7 pips with no trading commission, and Standard, Cent, swap-free and demo accounts run on MT4, MT5 and the FBS app. Residents of the US, UK, EU, Israel, India, Iran and Myanmar are not accepted on the global site.

Trustpilot 4.3 out of 5

10045 reviews on 23 Sep 2026 67% five-star 10% one-star no Trustpilot flag

$5 Minimum Deposit

27M+ clients 150+ countries Cent accounts for small balances

Leverage up to 1:3000

MT4 MT5 and the FBS app floating spreads from 0.7 pips 550+ CFDs

Belize licence, CySEC in the EU

fbs.com is FBS Markets Inc (Belize FSC 000102/31) fbs.eu is Tradestone Ltd (CySEC 331/17)

FBS at a glance: verified profile and figures

Who is FBS

Trading since 2009 (FBS marked its 15-year anniversary in 2024) and now reporting 27 million+ clients across 150+ countries. The offering is 550+ CFD instruments across forex, metals, indices, energies, stocks and crypto, on MetaTrader 4, MetaTrader 5 and the FBS app.

What Trustpilot shows

4.3 out of 5 from 10,045 reviews when we checked on 23 Sep 2026, with 67% at five stars and 10% at one star, and no consumer warning on the profile. Most complaints in the one-star band are about verification and withdrawal holds rather than pricing.

Which company you deal with

Two entities, and it matters which one you get. fbs.com is operated by FBS Markets Inc, registration 000001317, licensed by the Belize Financial Services Commission under the Securities Industry Act 2021, licence 000102/31. fbs.eu is operated by Tradestone Ltd, CySEC licence 331/17. We found no current Australian entity: the old fbs.com.au domain now belongs to an unrelated business.

Accounts

FBS no longer publishes the old Micro, ECN and Zero Spread line-up. The EU site offers a Standard and a Cent account on MT5, and the global site sells one commission-free offering with a swap-free option and demo accounts. Check what you are actually offered at registration.

Costs

$5 minimum deposit, floating spreads from 0.7 pips and no trading commission on the global offering. FBS charges nothing on deposits or withdrawals and lists 200+ payment methods with instant withdrawals available.

Best for, and not for

Best for beginners funding small balances, Cent-account testing and traders who want high leverage. Not for anyone in the US, UK, EU (except through fbs.eu), Israel, India, Iran or Myanmar, and not for anyone who wants a compensation scheme behind a large balance.

Trading conditions and platforms

Platforms

MetaTrader 4, MetaTrader 5 and the FBS mobile app. The EU site lists MT5 only, with Android, web, macOS and Windows builds.

Leverage

Up to 1:3000 on the global Belize entity. On fbs.eu the cap is 1:30, because CySEC applies the EU retail limits. Leverage that high is a magnifier in both directions: FBS EU has to publish its own loss figure, and on 23 Sep 2026 it read 66.43% of retail investor accounts lose money with this provider.

Spreads and execution

Floating spreads from 0.7 pips, no trading commission, order execution from 0.01 seconds, and order sizes from 0.01 to 500 lots with up to 500 open positions (200 of them pending). Risk controls: margin call 40%, stop out 20% and negative balance protection.

Markets

550+ CFD instruments: forex majors, minors and exotics, metals, indices, energies, stocks and crypto.

Top FBS Alternatives

Exness

High-leverage broker with very tight spreads and instant withdrawals — FBS’s closest rival.

XM

Well-regulated broker with strong education and bonuses; broad account range.

OctaFX

Popular low-deposit broker with copy trading and competitive conditions.

RoboForex

Wide instrument range and flexible accounts, including high-leverage options.

Other low-deposit brokers we have reviewed include Forex4you, IFC Markets and Weltrade.

FBS account types

Standard

The everyday floating-spread account, quoted from 0.7 pips with no commission. Offered on both the global and the EU site.

Cent

Balances and lot sizes are shown in cents, so a $50 deposit trades as 5,000 cents. It is the sensible way to test a strategy with real money without risking much, and it is the reason the $5 minimum is more than a headline.

Swap-free

Available as an option rather than a separate product, for traders who cannot pay or receive overnight interest. Confirm the terms and any administration charge before you rely on it.

Demo

Demo Standard and Demo Cent accounts run on the same conditions as the live ones, which makes them a fair test of spreads and execution before you fund anything.

Regulation and safety

The two licences

FBS Markets Inc (fbs.com) holds Belize FSC licence 000102/31 under the Securities Industry Act 2021, registered at The Bentley, Belize City. Tradestone Ltd (fbs.eu) holds CySEC licence 331/17 and is MiFID and GDPR compliant. Your agreement names one of them, and that is the one whose rules apply to you.

What each one gives you

Both segregate client money: FBS says client funds sit in insured accounts at multiple tier-1 banks, separate from company balances, with OTP-verified withdrawals, PCI DSS compliance and 3D Secure card payments. Negative balance protection is active. Cyprus clients are also covered by the Investor Compensation Fund, which pays a maximum of €20,000 per covered client. There is no equivalent scheme behind the Belize entity.

Who cannot open an account

The fbs.com legal notice states that FBS Markets Inc does not offer financial services to residents of, among others, the USA, the EU, the UK, Israel, India, Iran and Myanmar. EU residents are routed to fbs.eu instead; UK residents have neither option.

Fees, spreads and minimum deposit

Minimum deposit

$5 on the global site, which is among the lowest we track. The EU site does not publish a minimum on its public pages, so check it at registration rather than trusting a figure from a review.

Spreads and commission

Floating from 0.7 pips with no trading commission on the global offering. FBS does not publish a typical spread by pair on its public instrument pages (the numbers load live), so treat 0.7 pips as the advertised floor, not the average, and compare on a demo account before you fund.

Payments

No FBS commission on deposits or withdrawals, 200+ payment methods, and instant automated withdrawals available after full verification. Your own bank or payment provider may still charge you.

Video guides and trader reviews

Watch: FBS Reviewed

Video thumbnail: FBS Broker Review – Pros & Cons▶
FBS Broker Review — Pros & Cons
Video thumbnail: FBS Review – Trust, Spreads & Risks▶
FBS Review: Trust, Spreads & Risks
Video thumbnail: An Unbiased FBS Review▶
An Unbiased FBS Review
Video thumbnail: FBS Forex – Safe Broker or Offshore?▶
FBS Forex: Safe Broker or Offshore?

Which countries cannot use FBS

Not Accepted / Restricted Jurisdictions

The legal notice on fbs.com states that FBS Markets Inc (Belize FSC licence 000102/31) does not offer financial services to residents of certain jurisdictions, including but not limited to those below. Checked 23 September 2026:

🇺🇸 United States🇬🇧 United Kingdom🇪🇺 EEA (use fbs.eu)🇮🇷 Iran🇮🇱 Israel🇲🇲 Myanmar🇮🇳 India

Why it matters: EEA residents are routed to the separate CySEC-regulated fbs.eu entity — leverage caps (1:30) and protections differ from the global 1:3000. Confirm availability for your country first.

FBS Review

Pros and Cons of FBS

Pros

  • $5 minimum deposit, and Cent accounts that make a small balance workable
  • No trading commission; floating spreads advertised from 0.7 pips
  • MT4, MT5 and the FBS app, with demo accounts on the same conditions
  • No FBS fee on deposits or withdrawals, across 200+ payment methods
  • 4.3 out of 5 from 10,045 Trustpilot reviews, with no warning on the profile (23 Sep 2026)
  • Negative balance protection, segregated client money, margin call 40% and stop out 20%

Cons

  • Most clients trade under the Belize entity, which has no compensation scheme
  • Not available to residents of the US, UK, EU, Israel, India, Iran or Myanmar
  • EU clients go through fbs.eu at 1:30 leverage, where 66.43% of retail accounts lose money
  • Leverage to 1:3000 makes a small account very easy to lose
  • No typical spread published per pair, so the 0.7 pip figure is a floor, not an average
  • Verification and withdrawal holds are the most common theme in one-star reviews

What is the Pricing of FBS ?

FBS is commission-free on most accounts and charges no deposit or withdrawal fees, so costs come mainly from the spread. Unless marked otherwise, every figure below is taken from fbs.com/trading/conditions, checked 23 September 2026.

ItemFBS
Initial deposit$5 on fbs.com; fbs.eu publishes no public minimum
SpreadsFloating from 0.7 pips (no typical spread published per pair)
Trading commissionNo commission
Swap-freeAvailable
Forex leverageUp to 1:3000 on fbs.com; 1:30 for EU clients on fbs.eu
Fixed leverage by assetStocks 1:100 · indices and energies 1:200 · metals 1:500
Margin call / stop out40% / 20%
Negative balance protectionActive
Order volume0.01 to 500 lots
Open positionsUp to 500, including 200 pending orders
Order executionFrom 0.01 seconds
Tradable CFD assets550+
Payment methods200+ global and local
Deposit / withdrawal feesNot charged by FBS

Note on account types: FBS publishes a single set of trading conditions on fbs.com and no longer publishes separate specifications per account type — the older Standard, Cent, Micro, ECN and Zero Spread pages all redirect to one Trading Conditions page (checked 17 September 2026). Confirm the conditions attached to your own account in the FBS Trader Area before depositing.

FBS vs Exness

FBS vs Exness. Both are popular high-leverage, low-deposit brokers. FBS stands out for its $5 entry, Cent accounts and bonuses, making it very beginner-friendly. Exness is known for ultra-tight spreads, instant automatic withdrawals and extremely high leverage on some accounts. If you want the smallest possible start and educational support, FBS fits; if raw spreads and withdrawal speed matter most, compare Exness closely.

Two further high-leverage alternatives worth lining up next to FBS are FXTRADING.com, an ASIC and VFSC regulated broker with a $50 minimum and leverage to 1:500, and GTCFX, multi-regulated since 2012 with no minimum deposit and a choice of MT4, MT5 or cTrader.

FBS Review 2026: Is It a Good High-Leverage Broker?

FBS has been trading since 2009 and is a reasonable pick for a beginner with a small balance: $5 gets you in, the Cent account makes that money go further, there is no trading commission, and FBS charges nothing on deposits or withdrawals. Trustpilot had it at 4.3 out of 5 from 10,045 reviews with no warning on the profile when we checked on 23 September 2026.

The thing to settle before you deposit is which company you are signing with. Unless you are in the EU that is FBS Markets Inc in Belize, licensed by the Belize FSC but with no compensation scheme behind it. EU clients get Tradestone Ltd under CySEC, with the Investor Compensation Fund and a 1:30 leverage cap instead of 1:3000. Residents of the US, UK, Israel, India, Iran and Myanmar are not accepted at all.

Our score is 4.1 out of 5: real value and a genuinely low barrier to entry, held back by an offshore licence for most of its clients and leverage that makes a small account fragile.

Why Choose FBS? What Stands Out — and What to Watch

Trustpilot 4.3 from 10,045 reviews
$5 min · up to 1:3000
Visit FBS →
FBS
Global forex & CFD broker
4.3 / 5 from 10,045 reviews
Belize FSC, CySEC in the EU
$5 MIN DEPOSIT · MT4/MT5
Visit FBS →
Which FBS you get is set by where you live, not by which you prefer. Outside the EU you contract with FBS Markets Inc, licensed by the Belize Financial Services Commission (licence 000102/31) with no compensation scheme behind it; inside the EU you contract with Tradestone Ltd under CySEC licence 331/17, where the Investor Compensation Fund pays a maximum of €20,000 per covered client and leverage is capped at 1:30 instead of 1:3000. The minimum deposit is $5 on the global site, spreads float from 0.7 pips with no trading commission, and FBS charges nothing on deposits or withdrawals across 200+ payment methods. Risk controls are a 40% margin call, a 20% stop out and negative balance protection. Trustpilot showed 4.3 out of 5 from 10,045 reviews on 23 September 2026 with no warning on the profile: 67% five-star, 10% one-star, and the one-star band dominated by verification and withdrawal holds rather than pricing.

Frequently asked questions

Checked on 23 September 2026 against the FBS trading-conditions and legal pages on fbs.com, the regulation page on fbs.eu and the FBS Trustpilot profile. Figures that differ by entity are given per entity rather than merged into one number.

FBS is a forex and CFD broker trading since 2009. It reports more than 27 million clients across 150+ countries and offers 550+ CFD instruments on MetaTrader 4, MetaTrader 5 and its own app, with floating spreads from 0.7 pips and no trading commission.
Two companies. The global site, fbs.com, is operated by FBS Markets Inc, registration 000001317, licensed by the Belize Financial Services Commission under the Securities Industry Act 2021, licence 000102/31. The EU site, fbs.eu, is operated by Tradestone Ltd under CySEC licence 331/17. We could not find a current Australian entity; the old fbs.com.au domain now belongs to an unrelated business. Check which company your client agreement names before depositing.
$5 on the global site, which is why the Cent account is worth knowing about: it shows balances in cents, so a small deposit still gives you room to trade. The EU site does not publish a public minimum, so confirm it at registration.
Up to 1:3000 through the Belize entity. EU clients trading through fbs.eu are capped at 1:30 under CySEC rules. The higher the leverage, the faster a small move closes your position: FBS EU publishes that 66.43% of its retail investor accounts lose money.
MetaTrader 4, MetaTrader 5 and the FBS app on the global site; MT5 only on the EU site, with Android, web, macOS and Windows builds.
A Standard account and a Cent account, plus demo versions of both and a swap-free option. The older Micro, ECN and Zero Spread accounts are no longer advertised, so ignore any review that still lists them and check what you are offered when you register.
FBS Markets Inc states that it does not offer financial services to residents of, among others, the USA, the EU, the UK, Israel, India, Iran and Myanmar. EU residents are routed to the CySEC-regulated fbs.eu instead. UK residents are served by neither entity.
No trading commission on the global offering, and no FBS fee on deposits or withdrawals across 200+ payment methods. Your cost is the spread, from 0.7 pips floating, plus overnight swap unless you use the swap-free option. Your own bank may still charge for the transfer.
Client funds are held separately from company money in insured accounts at tier-1 banks, negative balance protection is active, and withdrawals need one-time password verification. If you are a Cyprus client of Tradestone Ltd you are also covered by the Investor Compensation Fund, which pays a maximum of €20,000 per covered client. Clients of the Belize entity have no equivalent compensation scheme, which is the main thing to weigh before leaving a large balance on the account.
It is a long-running, licensed broker with a 4.3 out of 5 Trustpilot score from 10,045 reviews and no warning on its profile as at 23 Sep 2026. The caveats are structural rather than reputational: most clients trade under an offshore Belize licence with no compensation scheme, and leverage up to 1:3000 makes small accounts fragile.

Compare FBS with Other Brokers

Exness vs FBS

Related FBS Alternatives and Reviews

HowToTrade Review Premium Trading Review Weltrade Review ATFX Review Trade.com Review NSFX Review

Where FBS Sits in Our Rankings

Head-to-head comparisons How we score every firm
🔗 Affiliate Disclosure

This site contains affiliate links. We may earn a commission when you sign up through them, at no extra cost to you. Trading is high risk — most retail traders lose money. Nothing here is investment advice.