FBS

FBS

Min $10

Add your review
75.3% of retail CFD accounts lose money.
Add to compare
9.1/10 (Expert Score)
Product is rated as #4 in category CFD Brokers
This FBS review gives you all the key facts you need to decide if it’s the right platform for your money. Brought to you by Brokerage Compare.
Commissions & Fees
9.3
Offering of Investments
9.0
Platforms & Tools
9.5
Research
8.6
Customer Service
9.0
Education
8.4
PROS:
  • Max Leverage: 30:1, 500:1 professional clients
  • Tradable Assets: 1000+
  • Forex, Crypto, Stocks, Commodities, Indices
  • Credit/Debit card, Bank transfer, Electronic wallets
  • Web Trader, Mobile App, Desktop Trader, MetaTrader 4, MetaTrader 5
  • 24/7 Phone, email, live chat
  • 53 Languages Supported
  • FC Barcelona and Principal Partner of FC Leicester City
CONS:
  • Average CFD fees
  • No ETFs and Options

FBS Review


Founded in 2009, FBS is an online forex broker which quickly gained momentum and still maintains a sterling reputation amongst traders, achieving a steady rate of the new membership of 10 000 daily, even 12 years later. Forex isn’t the only market that FBS provides for its membership of over 17 million traders, with CFDs, stocks, and more are also tradeable. FBS is an official trading partner of FC Barcelona since January 2020 and Leicester City principal partner since May 2021.

FBS Fees Review



PROS:
  • No deposit fees
  • No withdrawal fees
  • No inactivity fees

CONS:
  • Average CFD fees



CFD Fees

CFD trading fees are average on FBS and you can find some examples for popular instruments in this table:

InstrumentMarginSpreadOvernight Interest (daily) BuyOvernight Interest (daily) Sell
EUR/USD3.3%0.7-0.63-0.07
GBP/USD3.3%1.2-0.43-0.38
APPLE20%3-2.58%-2.42%
Gold5%30-0.21-0.13
S&P5005%150-2.15-3.84
Bitcoin50%3001-3438-3438

Non-trading Fees

Account FeeDeposit FeeWithdrawal FeeInactivity Fee
$0$0$0$0

Visit FBS

back to menu ↑

FBS Deposits & Withdrawals Review



PROS:
  • Min deposit $10
  • Credit/Debit card, Bank transfer, Electronic wallets

CONS:
  • None



Account Base Currency

For EU and UK, FBS accept deposits in EUR, HUF, GBR, PLN, NOK

How long will it take for my deposit to show on FBS?

If you make the deposit over card, either debit or credit, it’s instant. Bank transfers take a few business days.

When will I have access to my money if I withdraw from your platform?

Withdrawal via bank transfer takes around 2 working days.

What is your minimum deposit?

FBS has no limits on minimum and maximum deposits.

Can I withdraw any amount?

Yes, there are no limits.

Do you charge withdrawal fees?

No, but in some cases, commission may depend on the deposit and withdrawal method as well as regulation.

Are there any terms on where I direct any funds I withdraw?

FBS’s only specification is that you withdraw to accounts in your name.

How can I deposit funds to my FBS trading account?

With a healthy variety of payment types, including bank card, wire transfer, Skrill, Neteller, Rapid Transfer, STICPAY, Perfect Money, crypto wallets, local banks, local payment systems, and local exchangers, clients can deposit and withdraw their funds quickly.

Make your First Deposit with FBS

back to menu ↑

FBS Account Types Review for EU & UK

Cent accountStandard accountCrypto
Base Currency OptionsEUR, HUF, GBR, PLN, NOKEUR, HUF, GBR, PLN, NOKEUR, HUF, GBR, PLN, NOK
Contract Size1 Lot = 1000001 Lot = 1000001 Lot = 1 Coin
Spread on all majorsFloating spread from 1 pipFloating spread from 1 pipFloating spread from 1 pip
CommissionNo Forex, Indices, commodities, metals – No Stocks – 0.7%0.05%
Maximum open/pending orders per client400 Positions400 Positions400 Positions
Minimum trade volume0.01 cent lots0,01 lots0,01 lots
Lot restriction per ticket500 cent lots500 lots1000 lots
Islamic AccountOptionalOptionalNo

Account Options

For regions under IFCA and FSCA regulations onlyFor the EU and the UK
Broker TypeSTP/ECNSTP/ECN
Min Deposit110
Forex Majors SpreadEUR/USD: -0.1 , GBP/USD: 0.2, USD/JPY: 0.1EUR/USD: 0.5 , GBP/USD: 0.6, USD/JPY: 1.1
Maximum Forex Leverage3000:130:1 (500:1 for Pro traders)
Minimum Trade Size0.010.01
ScalpingYesYes
HedgingYesYes
Free Demo AccountYesYes
Traders From USANoNo

Platform Languages

The FBS platform is multilingual with 53 languages: Arabic, Bengali, Bulgarian, Chinese (Simplified), Chinese (Traditional), Croatian, Czech, Danish, Dutch, English, Estonian, Finnish, French, Georgian, German, Greek, Hausa, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Javanese, Korean, Latvian, Lithuanian, Malay, Marathi, Mongolian, Persian, Polish, Portuguese (Brazil), Portuguese (Portugal), Punjabi (India), Punjabi (Pakistan), Romanian, Russian, Serbian, Slovak, Slovenian, Spanish, Swahili, Swedish, Tomil, Telugu, Thai, Turkish, Ukrainian, Urdu, Usbek, Vietnamese.

Open a Trading Account with FBS

back to menu ↑

FBS Platforms & Assets Review



PROS:
  • 1000+ tradable assets
  • Forex, Crypto, Stocks, Commodities, Indices
  • Web Trader, Mobile App, Desktop Trader, MetaTrader 5, MetaTrader 4

CONS:
  • No ETFs and Options



Max Leverage

Users from the EU, UK can open Standard and Cent accounts with 1:30 leverage as well as Pro Standard and Pro Cent accounts with leverage up to 1:500. Also, Crypto account is available with 1: 2 leverage for Retail and 1:5 for Pro clients.

FBS CopyTrade

FBS offers their clients social trading platform allowing them to follow the strategies of the skilled traders and copy them.

Start CFD Trading with FBS

back to menu ↑

FBS Customer Service Review



PROS:
  • Phone, email, live chat
  • 24/7 support
  • Personal Account Manager

CONS:
  • None



Customer support is available 24/7 in English and 20 other languages via methods including email, phone, call back, live chat, and social media. The FBS customer service team is committed to customer success, helping traders, both new and experienced ones overcome any obstacles they encounter.

back to menu ↑

Is FBS safe?

RegulatorLicense
Cyprus Securities Exchange Commission (CySEC)331/17
Australian Securities and Investments Commission (ASIC)426359
Belize International Financial Services Commission (IFSC)60/230/TS/18
Financial Sector Conduct Authority of South Africa (FSCA)50885

Is FBS safe?

  • Yes, it is authorised and regulated by the Cyprus Securities Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), the Belize International Financial Services Commission (IFSC) and the Financial Sector Conduct Authority of South Africa (FSCA).


Is there negative balance protection on FBS?
  • Yes, negative balance protection is provided to all accounts held by the Company. In case the client balance goes negative after all positions close, the Company will cover the negative balance and will not request from Clients to cover the required amount.

Disclaimer
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider if you understand how CFDs work and if you can afford the great risk of losing your money.

Trade Safe with FBS

Specification: FBS

Max Leverage 30:1, 500:1 Pro clients
Assets 1,000+
CFDs Forex, Stocks, Commodities, Indices
Customer Type Beginners, Experienced Traders
Country/Region UK, Europe, Australia, Middle East, Asia
Platforms Web Trader, Mobile App, Desktop Trader, MetaTrader 4, MetaTrader 5
Deposit Options Credit/Debit Cards, Electronic Wallets, Bank Transfer
Regulated by CySEC, ASIC, FSCA, IFSC
Customer Service Phone, Email, Live chat, Request a callback

Videos: FBS

Photos: FBS

Brokerage Compare
Compare items
  • Total (0)
Compare
0