broker

FBS Review 2022

By Updated:
4.3
Trust
4.2
Fees
3.9
Platforms and Tools
4.9
Customer Support
4.0
Tradable Instruments
3.8
Account Types and Terms
4.9
Deposit and Withdrawal
5.0
Research
4.0
Education
4.9
FX Empire sticks to a strict review standards.Learn how we make money and our review methodology.

The Big Picture

FBS is a beginner friendly broker offering a broad range of markets and competitive fees. A variety of account types are available using MetaTrader 4, MetaTrader 5 and the FBS Trader app. Our review is based on a live Standard Account, using the MetaTrader 5 platform, opened with the Tradestone Ltd. European entity of FBS. (fbs.eu).

Founded in 2009, FBS is a global broker offering trading in forex and CFDs. FBS is an official principal partner of Leicester City Football Club and an official trading partner of FC Barcelona.

We performed our tests with a Standard Account, using MetaTrader 5, at the Tradestone Ltd. European entity of FBS (fbs.eu).

FBS Key Takeaways for 2021

  • We evaluated FBS across 9 categories (Trust/Stability, Fees, Tradable Instruments, Account Types, Deposit/Withdrawal, Research, Customer Support, Education, Platform and Tools).
  • FBS performed well in the trust, education and platform and tools categories.
  • A well rounded broker, FBS did not score low in any category.
  • FBS is regulated by CySEC in the EU and ASIC in Australia. These top-tier regulators offer a degree of safety and security to traders in their jurisdictions.
  • Spreads in some popular trading instruments are competitive at FBS. Spreads under 1 pip in pairs like EUR/USD reduce costs and are especially important for active traders.
  • FBS is a beginner friendly broker, with a special account type for newbies and extensive educational materials.
  • Competitive spreads in some instruments and the advanced platform functionality of MetaTrader make FBS a possible choice for experienced traders.
  • Keep an eye out for the overnight (swap) fees which can add up to be substantial over time. Also, some instruments such as the Dow Jones Index (DJ30) have relatively wide spreads that make it expensive to get in and out of positions – making it harder for short term traders to make a profit.

 

What Sets FBS Apart from other Brokers?

FBS has some useful features such as the ‘Cent Account’ type, which helps beginners trade in the live market, while taking minimal risk. This broker also takes a progressive approach to pricing with low inactivity fees and no withdrawal fees, even by bank wire.

Who is FBS for?

FBS is strong in the areas of education, research and customer service making it a good choice for traders who are new to the markets. It can also cater to more sophisticated traders making use of features such as algorithmic trading.

FBS Pros and Cons

Pros Cons
  • Competitive spreads in major forex pairs.
  • Reliable customer service.
  • No withdrawal fees.
  • Strong research and education resources.
  • Lacks proprietary web and desktop platforms.
  • FBS Trader app is basic.
  • Wide spreads in some instruments.
  • Limited number for commodities to trade.

broker

Your capital is at risk

Interested in learning more about this broker? Then keep on reading as we have battle-tested all of the features and services provided by FBS and outline our findings in detail below.

About the Author

Dan Blystone
Dan Blystone began his career in the trading industry in 1998. He worked as an arb clerk on the floor of the Chicago Mercantile Exchange (CME), flashing orders into the currency futures pits.
Read More

How Do We Rate?

Understanding a broker’s strengths and weaknesses is crucial when you come to trade forex and CFDs. FX Empire's proprietary rating system was developed for exactly this purpose. Our reviewers’ knowledge and expertise put into action in order to point you to the most suitable brokers. More than 200 individual variables have been analyzed to help you choose your broker wisely. The chart below details all the categories that we evaluate and rate.
How Do We Rate Chart
Visit our methodology page to learn more about our review and rating process.
FBS Main Features
☑️
Regulations
ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSC (Belize)
🗺
Supported Languages
English, Spanish, German, French, Arabic, Portuguese, Japanese, Thai, Korean, Indonesian, Turkish, Vietnamese, Malaysian
💰
Products (CFD)
Currencies, Stocks
💵
Min Deposit
$1
💹
Max Leverage
1:30 (ASIC), 1:30 (CySEC), 1:500 (FSCA), 1:500 (FSC)
🖥
Trading Desk Type
ECN, No dealing desk, STP
See More
Check if...
unknownFBS accepts clients from your country:
Choose your country:

Your capital is at risk

FBS Full Review

Trust

FBS is regulated by several top tier agencies across the globe and has a substantial operating history. We rated this mid-sized broker as having an above average level of trustworthiness relative to the industry.

Tradestone Ltd (FBS) listed among the regulated entities on the CySEC website

In our trust category, we place most importance on how a broker is regulated. So let’s take a look at how the different entities of FBS across the globe are regulated and how this impacts you as a trader. We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust.

The various entities of FBS are regulated as follows:

  • Tradestone Ltd. is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 331/17.We rate CySEC as a Tier 1 regulator.
  • FBS Oceania is regulated by the Australian Securities and Investment Commission (ASIC) under license number 426359.We rate ASIC as a Tier 1 regulator.
  • Tradestone SA (PTY) Ltd. is regulated by the South Africa Financial Sector Conduct Authority (FSCA), under FSP number 50885. We rate FSCA as a Tier 2 regulator.
  • FBS Markets Inc. is regulated by the International Financial Services Commission (IFSC) of Belize, Registration No. 119717.We rate IFSC as a Tier 3 regulator.

Why is it important to know where your broker entity is regulated?

Different regulators provide different levels of protection. Clients of FBS in the EU and Australia have the benefit of segregated accounts due to CySEC and ASIC requirements. This means that client funds are not mixed with the operating funds of the broker. Having funds held in segregated accounts protects clients in the event that a broker becomes insolvent and declares bankruptcy. In the EU and Australia, FBS clients also have negative balance protection, meaning that they cannot lose more than their deposit.

Meanwhile, clients outside of Europe, Australia and South Africa are with the FBS Markets Inc. entity, which is regulated by the IFSC of Belize and does not offer the same level of protections. For example, client accounts are not segregated when trading with the FBS Markets Inc. entity.

In the table below we break down the protections and benefits by region and entity.

Entity Tradestone Ltd. FBS Oceania Tradestone SA (PTY) Ltd. FBS Markets Inc.
Country/Region Europe Australia South Africa All Other Regions
Regulation CySEC ASIC MAS IFSC
Segregated Funds Yes Yes Yes No
Negative Balance Protection Yes Yes No No
Compensation Scheme ICF Up to €20,000 No No No
Standard Leverage 1:30 1:30 1:400 1:500

We checked the regulatory status of FBS in November of 2021.

Stability and Transparency

In our tests for the trust category we also cover factors such as how long the broker has been in business, the size of the company and how transparent they are.

Founded in 2009, FBS has a substantial operating history and a client base numbering in the millions, according to their website. The company LinkedIn page lists the number of employees as 201-500, reflecting a mid-sized brokerage firm.

Financial reporting requirements make it easier to see how stable a publicly traded company is at a given time. Since FBS is not a publicly traded company, there is less transparency into the health of the company.

From looking at the FBS website (fbs.eu) and social media presence we judged that this broker has an adequate level of transparency relating to its fees, regulatory status and the overall background of the company. Information and materials were clearly laid out and easy to find. Their regulatory status can be viewed on their Regulation and Licence page. All the information relating to fees can be found in the Client Agreement/Terms and Conditions on the Legal Documents page.

Overall, we judged that FBS has a level of trust and stability somewhat above the average of the CFD brokerage industry but not as high as leaders such as CMC Markets or IG Group.

Fees

FBS offers competitive spreads in major forex pairs and non-trading fees are better than average. Spreads were less competitive in other trading instruments such as commodities and indices.

FBS is a market maker/dealing desk broker. This means that they take the other side of a client’s trades and that trading fees are built into the spread.

The spread is the difference between the bid (sell) price and the ask (buy) price. Narrower spreads allow you to enter and exit the market at a lower cost, which is especially important for active traders. Tests were performed using the MetaTrader 4 platform in November of 2021.

Spread costs were above average for popular currency pairs like EUR/USD and overnight swap fees were average in our tests. FBS has a low inactivity fee of 5 EUR a month for accounts that are dormant for 180 calendar days.

Trading Fees

We tested the spreads across different asset classes in a live Standard Account, using the MetaTrader 5 platform, opened with the Tradestone Ltd. European entity of FBS. (fbs.eu). Tests were performed at 8AM GMT and at 3PM GMT on November 12th 2021.

Instrument Live Spread AM Live Spread PM
EUR/USD 1 0.8
GBP/JPY 3.5 3.5
Gold (XAU/USD) 3.5 3.8
WTI Oil (XTIUSD) 0.11 0.08
Apple (AAPL) n/a 0.12
Tesla (TSLA) n/a 0.91
Dow Jones 30 (US30) 6.5 6
Dax 30 (DE30) 3.5 2.3

Spreads in major currency pairs such as EUR/USD are competitive, but in others such as GBP/JPY they are average. Spreads in commodities and stocks range from average to above average. Spreads were relatively wide in some indices, for example the Dow.

Note: The spreads in a standard account are the same as a professional account.

Swap fees (the cost of holding a position overnight) at FBS were about average in our tests.

In the table below you can see the Swap Long (the cost/credit of holding a buy position overnight) and the Swap Short (the cost/credit of holding a sell position overnight) for one full sized contract. A full sized contract is 100,000 units of the base currency (the first currency quoted in the pair).

We recorded the data on December 1st 2021.

Instrument Swap Long Swap Short
EUR/USD Charge of $6.37 Charge of $0.69
GBP/JPY Charge of $3.40 Charge of $5.56

Non-Trading Fees

FBS has no deposit or withdrawal fees and an inactivity fee of just $5. This suggested to us a progressive and customer-centric approach to pricing in this area.

Are Fees at FBS Competitive?

We judged that fees at FBS ranged from average to competitive in some cases for the CFD industry.

Tradable Instruments

FBS covers a wide variety of markets, including forex and CFDs on stocks, stock indices, commodities and cryptocurrencies. While they offer a good range of instruments, the depth of the offering in each asset class does not equal that of CFD industry leaders.

Trading Instruments at FBS

CFDs (Contract for Differences) are financial derivative products that allow traders to speculate in various markets without owning the underlying assets. Tradable instruments at FBS include the following CFDs:

  • 43 Currency Pairs. A currency pair combines two different currencies, with the value of one currency quoted against the other. For example EUR/USD, which reflects the value of the euro measured in dollars.
  • 5 Commodities. Commodities are raw products, such as gold and oil.
  • 99 Stocks. FBS offers trading in global stock CFDs from exchanges ranging from the New York Stock Exchange (NYSE) to the Deutsche Börse Xetra. A stock is a security that represents partial ownership of a corporation. Keep in mind that when trading stock CFDs you are speculating on the price of a stock without actually taking ownership of the underlying asset.
  • 11 Stock Indices. Available instruments at FBS range from Australian to German stock indices. A stock index is a basket of shares that is used to gauge a market sector, stocks within an exchange or the economy of a country.
  • 17 Cryptocurrencies. Cryptocurrencies, such as Bitcoin, are digital currencies that are secured by cryptography.

Below is a sampling of instruments across the various asset classes.

Forex Majors Forex Exotics
EUR/USD | GBP/USD | USD/CAD USD/RUB | CNH/JPY | EUR/TRY
Indices Cryptocurrencies
HK50 | JP225 | AUS200 Ethereum | Dash | Bitcoin
Commodities Shares
UK Brent Oil | Gold | Silver Facebook | Goldman Sachs | Nike

While a broad range of markets are available, some instruments such as bonds and exchange traded funds (ETFs) are not available. Overall the range of tradable instruments at FBS is better than the industry average.

Your capital is at risk

Account Types and Terms

The account opening process at FBS is smooth and can be completed online in under 10 minutes. FBS offers three major account types; Standard, Cent and Crypto.

Account Opening

FBS Account Types

It is easy to open an account at FBS and the process is fully digital. After confirming your email you can choose the version of MetaTrader you want to use (4 or 5) and the base currency for your account (USD or EUR).

FBS KYC Survey

If you are opening an account from within the EU you will need to complete a brief KYC (Know Your Customer) survey after registering. KYC aims to ensure that brokers understand the clients’ risk tolerance, investment knowledge, and financial position.

Account Types

Let’s take a closer look at the different account types available at FBS: Standard, Cent and Crypto.

The Standard Account is suitable for traders with some experience while the Cent Account is geared towards beginners who want to trade real funds without taking much risk. With a Cent Account, your balance appears in cents and traders can open orders with a volume of 0.01. The Crypto account focuses exclusively on cryptocurrency trading and can only be accessed via the FBS Trader mobile app.

For both Standard and Cent accounts it is possible to upgrade to professional status. In order to qualify as a professional, traders must meet a number of eligibility requirements.

Feature Standard Account Cent Account Crypto Account
Platform MT4, MT5 MT4, MT5 FBS Trader
Minimum Deposit €1- €10 Depending on Payment Method. €1- €10 Depending on Payment Method. $1
Leverage Up to 1:30 Up to 1:30 1:2
Leverage (Pro) up to 1:500 up to 1:500 n/a
Order Volume 0.01 – 500 lots Max 500 cent lots from 0,01 to 500 lots

Leverage

One of the reasons that traders are attracted to the forex and CFD markets is the high degree of available leverage. Leverage is the use of borrowed funds to increase the size of your trading positions beyond what would be possible using only the cash in your account.

Standard and Cent accounts offer leverage of 1:30, but after being designated as a professional, traders can access leverage of 1:500. With 1:30 leverage, a trader can control $30,000 worth of market exposure with $1,000. As a designated professional with access to 1:500 leverage, a trader can control $500,000 worth of market exposure with just $1,000.

For the Crypto account the available leverage is much lower at 1:2. This means that with $1,000 a trader can only control $2,000 worth of positions in the market.

Leverage is often described as a ‘double-edged sword’ because it can amplify both your profits and losses. Leveraged trading comes with a high level of risk and can often result in significant losses.

Demo and Islamic Accounts

FBS also offers a demo account to help users practice trading using virtual funds and swap free Islamic accounts that adhere to the principles of Sharia law.

FBS Supported Countries

FBS takes clients from Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom.

They do not accept clients from the United States, Japan, South Korea, Cuba, Iran, North Korea, Libya, Somalia, Syria, Sudan, Myanmar and Yemen.

Deposit and Withdrawal

Deposits and withdrawals at FBS are free, even when using bank wire. Standard deposit and withdrawal methods are available and time to process is average for the industry.

FBS does better than most competitors by not charging transaction fees for deposits and withdrawals. When using an electronic payment system, users are typically credited within 24 hours. When using a wire transfer, the processing time can take up to 48 hours and it can take a total of 5-7 business days for funds to be available in your account.

Deposits

Deposits are free at FBS and the following account funding methods are available. Funds are available immediately with the exception of wire transfer, which takes 3-4 business days. Keep in mind that banks typically charge for sending wire transfers out.

Method Commission Processing Time
Visa/Mastercard 0% Instant
Maestro 0% Instant
Wire Transfer 0% Instant
Skrill 0% Instant
RAPID Transfer 0% Instant
NETELLER 0% Instant

Withdrawals

Withdrawals from FBS are also free and in most cases take 15-20 minutes, with the exception of bank wire, which takes 48 hours to process. Processing by the bank may take as much as 5-7 business days. Withdrawals are available via the following methods:

Method Commission Processing Time
Visa/Mastercard 0% 15-20 minutes, max 2 days
Maestro 0% 15-20 minutes, max 2 days
Wire Transfer 0% 48 hours processing time
Skrill 0% 15-20 minutes, max 2 days
RAPID Transfer 0% 15-20 minutes, max 2 days
NETELLER 0% 15-20 minutes, max 2 days

Customer Support

FBS offers the full range of customer support channels: phone, live chat and email. Responses were fast and answers were generally satisfactory. Support hours vary by region.

Live chat at FBS

We tested support at FBS over phone, live chat and email, with multiple inquiries. Responses were quick, with helpful and courteous agents. With live chat, you do not have to answer a bot before being connected to a live representative. Phone inquiries were answered within a few rings and emails replied to within 24 hours.

We tested the phone support asking questions like ‘what is the maximum leverage available for professional accounts?’’ and got a prompt and satisfactory answer. Chat responses were generally good, but stumbled a little on harder questions like ‘how can I place a trailing stop order in MT5?’.

Customer Support: Chat

In the EU, customer support is available from Monday through Friday, 8:00 – 24:00 (GMT + 3), excluding major holidays. However, 24/7 support is available in other regions. Customer support is available in multiple languages globally.

Research

FBS shines in the area of research, offering news and daily market commentary by in-house analysts in both written and video format.

FBS Daily Market Analysis

FBS provides news and daily market analysis written by its own team of market experts. Market commentary covers both technical and fundamental analysis. Daily trading plans and weekly insights are among the topics covered in video format.

Fresh material is added multiple times a day and the overall volume of research is above average for the industry. The materials are fairly easy to understand, making them accessible to both beginners and experienced traders. Content can be found on the website, under the Analytics and Education tab.

FBS Economic Calendar

FBS also provides classic research tools such as an economic calendar (covering currencies, stocks and dividends), as well as a forex calculator and currency converter. Trader tools can be found on the website under the Analytics and Education tab. As with the market analysis, FBS goes the extra mile with tools and provides an above average offering.

Education

FBS has strong educational resources to complement its market analysis.

FBS Educational Courses

FBS checks all the boxes when it comes to educational materials. Resources include:

  • Articles, catering to beginners, intermediate and advanced traders.
  • Trading ideas, such as ‘How to trade trend pullbacks’.
  • Webinars, featuring topics such as ‘How to backtest a trading strategy’.
  • Video Lessons, covering topics such as ‘Technical indicators in MT4’.
  • Glossary, featuring a comprehensive listing of terms.
  • Courses, covering material such as support and resistance levels and money management.
An intermediate level course from FBS

FBS courses are broken down into beginner, elementary, intermediate and experienced categories. We found the material to be well crafted and insightful. Course materials are drip fed via email.

A five week long ‘forex intensive’ course in video format is also available. With materials ranging from the forex market basics to complex trading strategies there is something for all levels of trader to learn from.

Platform and Tools

For desktop and web FBS offers the popular MetaTrader platform. MetaTrader does not have the most user friendly UX available on the market but it does offer advanced features such as automated trading.

MetaTrader is an industry leading platform used by millions of traders. FBS offers MetaTrader 4 and 5 for both web and desktop. For mobile trading, FBS offers their proprietary FBS Trader mobile app in addition to the MetaTrader 4 and 5 apps. In our review we tested the MetaTrader 5 web and desktop platforms and the FBS Trader mobile app.

Web and Desktop

MetaTrader 5 Web Platform

The MetaTrader web platform allows you to trade without any additional software – only a browser and an internet connection are required. The platform allows users to trade directly from any browser and operating system. Key features include:

  • One-click trading. Traders can use this feature to enter orders with a single click using preset conditions.
  • Trading from the chart. Order entry buttons are conveniently located within the chart as shown in the image above.
  • Watchlists. This allows traders to stay on top of the real time prices of their favorite instruments.
  • Trade History. Easily access the trades you have recently made.
  • Advanced Charting. The MT5 web platform has strong charting capabilities with 31 indicators for technical analysis.
  • Broad Range of Order Types. These include market order, limit order, stop loss order and stop limit orders. Time in force conditions such as GTC (Good ‘Til Canceled) are available.
MetaTrader 5 Platform with FBS

FBS also offers MetaTrader 4 and MetaTrader 5 for desktop, which include advanced functions such as copy trading and automated trading. MetaTrader 5 is available in 31 languages.

The platform provides popular features such as:

  • Alerts. This feature allows traders to be updated when an instrument reaches a specific price level. Alerts can be delivered via audio, an email, or a push notification to a mobile device.
  • Watchlists. Traders can set up a list of their favorite instruments and follow live quotes in a panel called Market Watch.
  • One-click trading. This feature allows traders to execute orders with a single click and no secondary confirmation. Being able to place a trade with a single click saves time and is especially useful for short term traders.
  • Trading from the chart. MT5 also allows users the convenience of trading directly from the chart.

Order Types

MetaTrader also delivers when it comes to the range of available order types and its charting functionality. The following order types are available:

  • Market Order. This is an order to buy or sell an instrument at the current best available price.
  • Limit Orders. This is an order to buy or sell an instrument at a specified price or better.
  • Stop Loss Order. This is an order to buy or sell an instrument that is triggered when price reaches a specified level.
  • Trailing Stop Order. This is a stop loss order that can be set at a defined percentage or dollar amount away from an instrument’s current market price. It is used to secure profits when you are in a winning trade, while not having to exit the position.

Charting

Charting features are robust. MetaTrader 5 desktop offers:

  • 38 technical indicators. These include classic trend indicators, volume indicators and oscillators.
  • 44 analytical objects. These include lines, channels, Gann and Fibonacci tools.
  • 21 time frames Each instrument can be displayed in nine time frames, from one minute to one month.
  • 3 chart types. Traders can choose between Bar Charts, Japanese Candlestick Charts and Line Charts.

Advanced Features

MetaTrader is also popular due to its copy trading and automated trading features.

  • Trading Signals. Signals in MetaTrader 4 allow users to automatically copy the activity of other traders in real time.
  • Automated trading. MetaTrader 4 allows users to develop, test and apply Expert Advisors (EAs). EAs are programs that monitor and trade markets using algorithms. They find opportunities according to set parameters and then either create a notification or automatically open a trade.

To conclude, the MetaTrader 5 desktop platform is one of the most feature rich and popular trading platforms in the world. It does not have the most beautiful interface and it does require some time and effort to learn, but that is typical of advanced platforms.

Mobile

FBS offers MetaTrader 4 and 5 mobile apps and its proprietary FBS Trader mobile app.

FBS Trader Android App: , Charts, Favorites and Economic Calendar Panels

The FBS Trader app has an attractive interface and allows users to trade a wide range of instruments on the go. A chat feature is available within the app, so customer support is easily on hand. Basic order types such as market orders, limit orders and stop loss orders are available. An economic calendar and a calendar covering earnings and dividends for stocks are also conveniently built into the app.

The interface is well designed and easy to navigate but the app lacks some of the features of MetaTrader 4 and 5 for mobile, which are also available for FBS clients. MetaTrader 4 and 5 mobile apps are available in 24 languages and offer popular features such as alerts and 1-click trading. MetaTrader 4 and 5 mobile apps also offer a broader range of order types and more advanced charting. FBS Trader and MetaTrader 4 and 5 are available for Android and iOS.

Order Execution

FBS is a dealing desk/market maker broker, meaning that they set the bid (buy) and offer (sell) prices internally and automatically take the other side of a clients trade. This contrasts with STP/ECN brokers who provide clients direct access to other market participants. (STP stands for straight through processing and ECN stands for electronic communications network.)

Your capital is at risk

The Bottom Line

When testing FBS, we were pleased to see better than average spreads in some popular trading instruments such as EUR/USD. In other instruments the spreads are rather wide, which makes successfully day trading such markets harder.

This broker has gone above and beyond with their educational resources, which range from courses to live webinars – a boon to newcomers to trading. The popular MetaTrader platform is feature rich. However, it is less intuitive than some competing platforms and it may present a steep learning curve for absolute beginners. Overall FBS provides a well rounded offering. They could do even better by adding proprietary platforms for web and desktop to their suite of tools.

 

FAQ

Where is FBS based?
FBS is owned and operated by Tradestone Limited, based at 89, Vasileos Georgiou Street, 1st Floor, Office 101, Potamos Germasogeias, 4048 Limassol, Cyprus.

Is FBS safe?
It depends on which jurisdiction you live in, but FBS is regulated by several top tier agencies across the globe and also has a substantial operating history.

How does FBS make money?
FBS makes money mainly through spreads, commissions and swaps on certain asset classes.

How do I deposit funds into an FBS account?
Funds can be deposited via Visa/Mastercard, Maestro, Wire Transfer, Skrill, RAPID, Transfer and NETELLER.

What is the minimum deposit for FBS?
The minimum deposit at FBS varies between €1- €10 depending on payment method.

How do I withdraw money from FBS?
Withdrawals can be made using Visa/Mastercard, Maestro, Wire Transfer, Skrill, RAPID, Transfer and NETELLER.

How long does it take to withdraw money from an account at FBS?
Withdrawals via bank wire can take 5-7 business days.

How much is the maximum leverage at FBS?
In the EU the leverage is limited to up to 1:30 for standard accounts and up to 1:500 for professional accounts.

How can I open an account with FBS?
An account can be opened online via the FBS website within 20 minutes.

What platforms does FBS offer?
FBS offers MetaTrader 4 and 5 and its own FB Trader mobile app.

What are the withdrawal fees at FBS?
FBS does not charge withdrawal fees, even for bank wire transfers.

Is FBS good for beginners?
With strong educational resources, a special low risk ‘cent’ account and a user friendly app we judged FBS to be a good choice for beginners.

broker

Your capital is at risk

See FBS Full Information
Broker General Information
Trading Features
Other Details
Headquarters Country
Belize
Foundation Year
2009
Regulations
ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSC (Belize)
Publicly Traded
No
Number Of Employees
200+
Trading Desk Type
ECN, No dealing desk, STP
Trading platforms
MT4, MT5, Proprietary
Restricted Countries
United States, Russian Federation
Supported Languages
English, Spanish, German, French, Arabic, Portuguese, Japanese, Thai, Korean, Indonesian, Turkish, Vietnamese, Malaysian
Min Deposit
$1
Max Leverage
1:30 (ASIC), 1:30 (CySEC), 1:500 (FSCA), 1:500 (FSC)
Deposit Options
Wire Transfer, Credit Card, Skrill, Neteller, PerfectMoney
Withdrawal Options
Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller, PerfectMoney, E-wallets
Products (CFD)
Currencies, Stocks
Demo Account
Yes
Islamic Account
No
Segregated Account
No
Managed Account
No
icon

Trade With A Regulated Broker

IMPORTANT DISCLAIMERS
The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.
RISK DISCLAIMERS
This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.