FBS
Myanmar
Established: 2009
General overview
FBS is a long-running online broker that lets people trade in global markets. It was created to make trading accessible in many places and has grown in users, technology, and the range of instruments offered. FBS is known for good trading conditions, several account types, easy-to-use platforms, and plenty of education for both beginners and experienced traders. It also focuses on fast trade execution, flexible leverage, and promotions for extra perks. Operating worldwide, FBS supports many styles—short-term trading, scalping, and long-term investing.
In this overview, we’ll cover FBS’s safety and trust measures, fees, how deposits and withdrawals work, the products you can trade, the platforms available, and the different account types. We’ll also look at its education options, customer support, and current bonuses and promotions. By the end, you’ll know how FBS works and whether it suits your trading goals.
Pros
- Ultra-high leverage available (up to 1:3000)
- Very low entry deposit ($5)
- Broad range of payment options
- 24/7 multilingual support
- Robust library of educational materials
Cons
- Not available to residents of the U.S., U.K., Canada, or Japan
- Index spreads can be higher than some competitors
- Limited offering of real stocks, ETFs, options, and cryptocurrencies
Regulations: FSC (Belize), CySEC (Cyprus), ASIC (Australia)
FBS focuses on giving clients a safe, reliable place to trade. It uses several layers of protection, like keeping client money in separate accounts, working under respected regulators, and following strict internal rules. This helps FBS meet global standards and stay transparent. The broker also protects customer data with encryption and clear privacy policies. Plus, FBS offers risk-management tools and learning materials to encourage responsible trading—showing its commitment to trust and security.
Beyond technology, FBS follows responsible business practices. It separates company funds from client deposits and meets regulatory requirements, which builds accountability and confidence. Independent audits are also done from time to time to check that operations are clear and well run. Together, these steps show FBS’s effort to follow industry best practices and maintain a strong, secure trading setup.
Is FBS Regulated?
Oversight depends on which FBS entity you use. The international arm (often called FBS Markets Inc) has traditionally been overseen by the IFSC in Belize, while FBS EU is supervised by CySEC in Cyprus. These regulations require things like solid capital reserves, transparent reporting, and keeping client funds separate from company money. Working under these authorities helps FBS line up with global standards that protect traders and support fair markets.
Is FBS Safe?
To judge safety, look at regulation, how client funds are protected, and the broker’s reputation. FBS’s multi-entity regulatory setup means recognized authorities oversee its activities. Client balances are usually kept in segregated accounts for extra protection. FBS also uses data security measures (like SSL encryption) to protect personal and financial details. Thanks to its track record and generally positive feedback, many consider FBS a relatively safe place to trade. Still, do your own research and remember that all trading involves risk.
MetaTrader 4 (MT4) | MetaTrader 5 (MT5) | FBS Mobile App (iOS and Android)
Visit PlatformsWith multiple platforms on tap, FBS appeals to traders seeking everything from highly detailed technical analysis to swift, on-the-go execution. Users can select from well-respected software options like MetaTrader 4 (MT4) or the more advanced MetaTrader 5 (MT5), each recognized for strong charting features and the potential for automated trading using Expert Advisors. The broker emphasizes speed and reliability, enabling clients to react effectively to fleeting market situations. Furthermore, FBS supports different device formats—desktop, browser-based, and mobile—so traders can remain connected wherever they might be.
In a market where timing is vital, having a platform replete with charting, technical indicators, and strategy automation can be a competitive advantage. Both MT4 and MT5 are known for stability and broad user acceptance, while FBS’s in-house mobile application grants quick market access to those who prioritize trading from smartphones or tablets. Many of these software solutions also allow usage of custom indicators or code, giving advanced users further scope to adapt the experience to personal preferences.
MetaTrader 4
MetaTrader 4, often shorted to MT4, remains favored among forex traders thanks to its reliability, user-friendly design, and abundant array of built-in charting tools. Users of FBS’s MT4 platform benefit from optimized execution speeds and minimal re-quotes. The platform allows Expert Advisor integration for automated strategies, and it also features a rich selection of indicators that can enhance real-time analysis. Because of its straightforward interface, MT4 is suitable for new entrants, yet it retains the in-depth capabilities needed by more advanced traders.
MetaTrader 5
MT5 builds on MT4’s strong foundation but includes several additional functionalities, like extended timeframes, a more varied set of technical indicators, and the ability to seamlessly trade stocks and other assets. This can be particularly appealing to traders seeking a single platform for multi-asset trading. FBS’s MT5 setup benefits from improved order execution speeds and advanced charting features, including sophisticated tools for analyzing market behavior. This appeals to users who require more comprehensive analytics or who want to trade beyond just forex.
FBS Trader App
Complementing the desktop solutions is the proprietary FBS Trader App. Intended for mobile-first traders, it has a clean interface, showing real-time pricing and enabling speedy order management. Since it’s tailored for smartphones, it aligns with anyone needing to open or close positions rapidly while out and about. Though it can’t entirely match the robust feature set of MT4 or MT5, it does supply the essential tools for charting, order execution, and portfolio monitoring from a handheld device.
Instruments: Forex, Precious Metals, Indices, Commodities, Stocks
FBS enables diversification by offering a broad collection of instruments. These range from currency pairs and commodities to indices and stocks, giving traders the chance to pursue numerous segments of the market simultaneously. A wide-ranging product list can be crucial for risk management, since it opens up the possibility of distributing capital across various instruments, possibly mitigating the volatility of a single market. Whether a trader’s interest lies in short-term tactics centered on forex or in taking lengthy positions in equities, FBS’s product lineup is designed to accommodate a variety of approaches.
Having numerous asset types accessible under a single broker is also convenient and can streamline the administrative side of trading. Instead of juggling multiple accounts with separate firms, traders can keep track of forex pairs, precious metals, energies, stocks, and index CFDs right in one place. This convenience supports a more organized method for executing trades, controlling exposure, and monitoring potential market openings in multiple areas.
Forex
Trading in the forex market is among FBS’s core services. Clients can pick from a wide spectrum of pairs, including major, minor, and exotic choices, each with its own spreads and leverage potential. This flexibility empowers both new and seasoned traders to opt for currency sets that align with their analytical preferences and strategic objectives.
Metals
Well-known metals such as gold and silver are provided as CFDs at FBS. Commonly treated as safe-haven investments, these commodities can offer a buffer during times of economic uncertainty. Priced against major currencies like USD, gold and silver can experience significant volatility, making them attractive to active traders who watch macro events.
Energies
FBS also includes top energy assets, like crude oil and natural gas, for users looking to engage with the global energy market. Price movements in this sector can be considerable, driven by supply-demand fluctuations, geopolitical developments, and big data releases (for instance, inventory reports). Effective use of risk-reduction techniques is vital here, given the substantial volatility.
Indices
For individuals seeking broader market exposure, FBS has a range of stock indices from different parts of the world. This covers well-known indices from the U.S., Europe, and Asia. Buying or short-selling index CFDs lets traders speculate on general market trends. This alternative might be favorable for those wanting to avoid researching individual stocks while still capitalizing on market momentum or changes in investor sentiment.
Stocks
CFD trading on individual stocks gives FBS traders the option to speculate on a specific company’s direction without holding the actual shares. This approach suits traders who capitalize on immediate corporate shifts, earnings releases, or overall market news. While it is essential to observe varying spreads and possible overnight financing charges, stocks as CFDs can offer considerable versatility for those aiming to profit from both upward and downward pricing movements.
Reflecting its desire to serve traders with varying skill levels, investment sizes, and trading preferences, FBS furnishes a lineup of distinct account offerings. Each account type includes its own spread policies, required minimum deposit, maximum leverage, and commissions. Selecting the correct account shape can greatly influence your transaction fees, execution accuracy, and overall impression of the service. FBS presents accounts aimed at novices, those with mid-level proficiency, and even advanced options like a no-spread model plus set commissions. For further detail on how to get started, prospective users can examine opening an account to finalize which arrangement aligns most effectively with their aims.
Scalpers, for instance, might be most drawn to tighter spreads, whereas more extended strategies might look for stable fees that are simpler to keep track of. Reflecting on the margin rules, typical order execution speeds, and possible commissions of each account variant is essential. FBS aspires to make sign-up easy, with the possibility of switching to another account later if a user’s approach or capital changes, though certain guidelines and checks might apply.
Cent Account
This Cent Account is devised for individuals who prefer starting with smaller sums. Account balances appear in cents, enabling newcomers to get hands-on practice with real market fluctuations while committing a lower monetary amount. Although the spreads can be somewhat elevated, the lesser minimum deposit lowers the entry barrier, making it attractive for novices who want to move beyond demos.
Micro Account
The Micro Account is a logical step forward for those progressing from simulation accounts. It characteristically demands a low deposit and employs fixed spreads, thereby giving a straightforward picture of trade-related costs. The predictable expense framework can help traders learn about real-world conditions without the complexity of widely fluctuating spreads.
Standard Account
Considered a go-to choice, the Standard Account accommodates moderately capitalized individuals looking for dynamic spreads without a set commission. Buyers typically enjoy balanced trading conditions, which can be beneficial for an array of styles, from short bursts of trading to lengthier positions. Given the wide variety of instruments covered, the Standard Account is an adaptable choice for traders who’ve already accumulated some market familiarity.
Zero Spread Account
Suited for frequent traders who rely on pinpoint cost forecasts, the Zero Spread Account highlights minimal or no spreads for main forex pairs, though it applies a consistent commission for each lot. Scalpers often value knowing their cost-per-trade with precision, and so might pick this account for the clarity it provides in calculating costs. To be sure it’s a cost improvement, verifying the associated commission amounts is recommended.
ECN Account
The ECN Account is tailored to high-level users or individuals who prefer a direct connection to liquidity. By forgoing typical dealing-desk models, users get raw spreads, typically the narrowest possible, which might be especially compelling for large-scale strategies or algorithmic traders. A commission is normally charged, and deposits must typically meet a higher threshold, but seasoned traders may see it as a worthwhile tradeoff for improved liquidity and speed.
FBS Leverage
FBS can furnish notably high leverage—up to 1:3000 under certain account arrangements—though that level isn’t universally available, particularly in regions with stricter guidelines, like the European Union. While a high leverage ratio multiplies potential gains, it likewise amplifies possible losses, rendering it vital for traders to use risk controls judiciously. Tools such as a stop-loss, adept position management, and continuous monitoring remain indispensable for those opting for high leverage.
FBS caters to traders internationally by supporting various deposit and withdrawal channels, from bank wires and credit/debit cards to different electronic payment platforms. The primary objective is to afford swift fund transfers, so participants may enjoy shorter wait times when adding capital or withdrawing earnings. Processing speeds, as well as possible fees, will hinge upon the method employed, the account’s currency, and the trader’s geographical area. Additionally, completing account verification processes—commonly known as KYC—helps expedite transactions and aligns with the broker’s security protocols.
To help preserve transparency and reduce the possibility of fraudulent transactions, FBS strongly suggests using the same funding method for both depositing and withdrawing funds. Nonetheless, each payment path can have distinctive limitations, such as region-specific acceptance criteria or available currencies. Keeping identification records and relevant documents in order helps ensure that there are no holdups when withdrawing. This approach is key to a seamless experience, particularly when traders want expedited access to their profits or need to reallocate funds promptly.
FBS Deposit Options and Fees
The chart below represents examples of typical deposit avenues for FBS, along with associated charges and the approximate wait times. Please take into account that these specifics might shift based on your region and chosen account type:
FBS at times waives deposit charges for certain methods. Nonetheless, it is essential to review the prevailing policies prior to making a deposit. Some localized incentives could momentarily cut down or abolish transaction costs for specific payment service providers, enabling traders to put money in their accounts with minimal outlays. Keeping tabs on any such promotional alerts could prove beneficial.
FBS Withdrawals Options and Fees
Withdrawals at FBS typically mimic the deposit routes. The broker advises retaining the same funding approach for both deposits and withdrawals to maintain financial clarity. The table below lays out general withdrawal methods and the types of fees one might face:
Most withdrawal requests are handled quickly once FBS finishes internal checks, although external factors can delay completion. Additionally, currency conversions might be an extra factor if the account currency doesn’t match the withdrawal currency. Traders are therefore encouraged to devise a cohesive withdrawal plan, factoring in potential conversion or processing fees, and the possibility of slower timelines for certain banking procedures.
Visa
Mastercard
Skrill
Bitcoin
Ethereum
Ripple
FBS keeps its pricing competitive for many trading styles. Its fees come from spreads (the gap between buy/sell), trade commissions, and a few non-trading charges. Costs change by account type and the instruments you trade. FBS is transparent, but you should check the exact fees for your account and products. Major FX pairs usually have tighter spreads; thinly traded markets can cost more. Some accounts use fixed commissions or zero-spread with a different fee plan. Overall, FBS aims to suit scalpers, short-term traders, and cost-conscious users.
FBS Trading Fees
FBS uses two main models:
- Spread-only: The spread includes a markup; no per-lot commission.
- Commission-based: Tighter spreads plus a set commission per lot.
Pick the setup that fits your style—pay a separate commission for lower spreads, or accept slightly wider spreads with no commission. Always review each account’s details to find the best match.
Many traders focus on majors (e.g., EUR/USD, GBP/USD) where spreads are lower, especially during active market hours. Exotic pairs tend to have wider spreads. FBS publishes these differences so you can choose the most cost-effective pairs and plan your fee strategy long-term.
FBS Spreads
Spreads depend on your account and the instrument. Popular pairs like EUR/USD or GBP/USD often have tight spreads in liquid hours. Some account types can show spreads as low as 0.0 pips on major FX, balanced by a commission. Exotics, and some commodities (like energy and metals), usually have wider spreads—especially in volatile markets or around news, when spreads can temporarily widen.
FBS Non-Trading Fees
Beyond spreads and commissions, you may see:
- Funding fees: Deposits/withdrawals are often free at FBS, but payment providers may charge their own fees.
- Inactivity fees: If your account sits idle for a long time, a fee may apply.
FBS posts these costs publicly, so check the latest policy to avoid surprises. Keep your account active or close it if not in use to prevent inactivity charges.
To spark interest and reward loyalty, FBS frequently rolls out promotions, bonuses, and contests. These can come in the shape of extra trading credits for new sign-ups, profit rebates for consistent clients, or tournament-style activities featuring prize pools. While such incentives can give traders a capital boost and enhance engagement, prudent inspection of any attached conditions—like required trading volumes or time limits—is essential.
Welcome Bonus
A recurring initiative at FBS is the welcome bonus, handing newly enrolled traders a certain starting balance to begin trading. This arrangement permits them to test the waters without directly risking personal capital. However, clearing profit withdrawals generally involves fulfilling specified lot obligations or meeting other broker-imposed criteria.
Cashback Program
Via the FBS Cashback Program, participants may receive partial refunds on their spreads or commission expenditures. This results in a lower net cost of trading—an attractive prospect for those executing high volumes. The size of the rebate correlates with overall trade activity. Checking the particular details of this program ensures users understand exactly how to capitalize on its benefits.
Trading Contests
The contests orchestrated by FBS often invite traders to compete based on returns or other performance metrics. Winners can claim monetary prizes, electronic items, or VIP travel experiences. Because these competitions can demand heightened risk for higher returns, participants should apply calculated risk management so as not to compromise their standard trading discipline. Still, the competitive element can be an entertaining means of testing strategies and possibly securing notable rewards.
Seasonal and Thematic Promotions
Periodically, FBS gears up special campaigns for particular seasons, holidays, or major global events. Examples might involve extra leverage, deposit matches, or discounted commissions under set conditions. Keeping track of these announcements is advisable, as they can provide valuable perks or cost savings. Scrutinizing their stipulations, though, remains essential to confirm that traders can comfortably meet the stated prerequisites.
Educational offerings are a staple of FBS’s philosophy, aiming to enable both newcomers and intermediate traders through webinars, videos, and written resources on various topics—ranging from the fundamentals of forex to advanced analytical methods. By expanding participants’ market knowledge, FBS aims to improve trader decision-making. As part of that, issues like discipline and mindset are addressed, reflecting the significance of mental and emotional frameworks in a constantly shifting marketplace.
Individuals starting out can benefit from a demo account, immersing themselves in authentic market conditions without risking real funds. Occasional live workshops or webinars let traders pose questions to experts, bridging gaps in their theoretical or practical understanding. The library of recorded sessions is also available, so participants can conveniently revisit these educational materials. This style of guidance reinforces a culture of continual learning, vital for anyone trying to prosper in turbulent financial markets.
FBS operates in a broad geographical range, spanning areas of Asia, Africa, Europe, and Latin America. That said, some regulations prevent the firm from serving clients in countries like the United States or Canada, where local rules on retail forex and CFD products are more restrictive. Hence, before setting up an account, it’s critical to validate eligibility via FBS’s official communications or by reaching out to customer support. Specific deals or leverage settings can also vary by region, ensuring the broker adheres to the pertinent legal framework in each location.
Excluded Countries
United States
Canada
Japan
Belgium
Iran
North Korea
Afghanistan
Syrian Arab Republic
One of FBS’s strong points is its multilingual customer support, offering assistance through channels such as phone, email, and round-the-clock live chat. This wide availability can be essential for beginners who might need swift resolution of questions related to account setup or transaction execution. Speedy replies and a thorough FAQ area demonstrate the broker’s willingness to address client concerns efficiently.
Beyond direct support interactions, FBS supports a robust community, where traders exchange analytical ideas, compare strategies, and seek help troubleshooting. This collaborative environment allows novices to learn from more seasoned traders and fosters collective growth. By combining official support with user-driven insight, FBS strives to ease the typical frustrations that sometimes arise in forex or CFD transactions, helping clients feel more at ease with the entire process.
Broker Name: FBS
Broker Type: MM, STP
Country: Myanmar
Operating since year: 2009
Regulations: FSC (Belize), CySEC (Cyprus), ASIC (Australia)
Phone: +357 25 313540 (Cyprus Office)
Email: [email protected]
Address: FBS Markets Inc. 2118, Guava Street, Belama Phase 1, Belize City, Belize
Broker status: Active
Yes. FBS entities are regulated by the FSC (Belize), CySEC (Cyprus), and ASIC (Australia). Client money is kept in segregated accounts; negative balance protection applies for EU retail clients (and in Australia per entity rules). Security includes SSL encryption. FBS serves 27M+ traders across 150+ countries.
MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the FBS mobile app (iOS/Android). MT4/MT5 offer 68 total indicators (30 on MT4, 38 on MT5), 30 timeframes, 3 chart types, EAs/algos, and unlimited demo accounts.
Up to 1:3000 (varies by region/instrument).
A simple live account structure with $5 minimum deposit, floating spreads from 0.7 pips, 1:3000 max leverage, and 0.01-lot minimum trade size. Islamic (swap-free) option available. Unlimited demo accounts with no expiry.
200+ payment methods including Visa/Mastercard, Skrill, Neteller, and crypto (e.g., BTC, USDT TRC20/ERC20). Deposits are typically instant (wires slower). Withdrawals: cards often same business day; Skrill/Neteller ~15–20 minutes (up to 48h). FBS follows AML rules and requires matching account names.
No trading bonuses at the moment. FBS runs a multi-tier Partnership Program that can pay up to 43% of trading fees per trade to partners (terms apply).
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