FBS Review
FBS – Full Overview Founded: 2009 | Headquarters: Belize City, Belize; regional offices in Limassol, Cyprus | Clients: Over 27 million across 150+ countries FBS Regulatory Status – Quick Facts 📌 Main Licenses & Regulators Table Regulator Jurisdiction Entity & License No. Protection Level Key Rules CySEC Cyprus / EU Tradestone Ltd, 331/17 Tier 1 Segregated […]
Editorial ratingVisit broker ↗
FBS – Full Overview
Founded: 2009 | Headquarters: Belize City, Belize; regional offices in Limassol, Cyprus | Clients: Over 27 million across 150+ countries
FBS Regulatory Status – Quick Facts
📌 Main Licenses & Regulators
Table
| Regulator | Jurisdiction | Entity & License No. | Protection Level | Key Rules |
|---|---|---|---|---|
| CySEC | Cyprus / EU | Tradestone Ltd, 331/17 | Tier 1 | Segregated funds, up to €20,000 compensation, max leverage 1:30 |
| ASIC | Australia | Intelligent Financial Markets Pty Ltd, 426359 | Tier 1 | Segregated funds, dispute via AFCA, max leverage 1:30 |
| FSCA | South Africa | Trade Stone SA Pty Ltd, 50885 | Tier 2 | Local oversight, standard client safeguards |
| FSC Belize | Global / Offshore | FBS Markets Inc, IFSC/000102/198 | Tier 3 | No official compensation fund, leverage up to 1:2000 |
🇸🇬 For Singapore Users
- Not licensed by MAS (Monetary Authority of Singapore) – no local CMS license
- Legal to use for individual residents, but no local dispute protection (FIDReC/MAS help does not apply)
- Accounts are usually held under the FSC Belize entity for non-EU/AU users
⚠️ Important Notes
- Your account falls under one entity only based on your country of residence – check during registration
- Not regulated by UK FCA, UAE SCA, or US authorities
- Some regional regulators (e.g. Malaysia SC) have issued investor alerts for unlicensed local marketing
Quick FBS Review: Spreads, Deposit & Platforms at a Glance
Short, straight to the point – no fluff
📊 Spreads (by account type)
- Cent: From ~1.0 pips, no commission
- Micro: Fixed 3 pips, no commission
- Standard: Variable from 0.7 pips (EUR/USD ~0.9 pips), no commission
- Zero Spread: Exactly 0 pips, $20 per lot commission
- ECN: From -1 pips, $6 per lot commission
💰 Minimum Deposit
- Cent: $1
- Micro: $5
- Standard: $100
- Zero Spread: $500
- ECN: * $1,000** *Note: EU/AU rules apply higher minima (€10 / $50 AUD)
💻 Trading Platforms
- MetaTrader 4 (MT4): Classic charts, EAs, copy trading – desktop, web, mobile
- MetaTrader 5 (MT5): More timeframes/indicators, deeper market data – desktop, web, mobile
- FBS Trader App: Proprietary mobile app, simple interface, built‑in copy trading
Quick Verdict: Great low entry, clear pricing, and the most popular platforms – pick Cent/Micro for testing, Standard for regular trading.
Provider terms and availability can change. Confirm the regulated entity, legal documents, costs, and eligibility on the provider’s official website before opening an account.