FBS Review 2025

Pros

• FBS provides a balance between advanced features and user-friendly functionality. The sign-up process takes less than 10 minutes, and they offer an intuitive app. They also provide comprehensive market research, including Market Analytics and VIP Analytics. Extra resources are available such as the FBS Academy and Trader's Blog to enhance the trading experience.
• The platform provides 24/7 customer support and requires only a $5 minimum deposit. It offers high leverage options and over 200 funding methods, making it suitable for traders with small accounts.
• FBS provides quick execution speeds starting at just 10 milliseconds, making it a top choice for active traders, such as scalpers, who require fast order handling.
• The trading company has gained over 90 honors and accumulated over 27 million customers, thus, it is among the biggest and oldest brokers worldwide.

Cons

• FBS now offers over 70 currency pairs for trading but still falls behind leaders like BlackBull Markets because of its limited options in commodities and indices.
• Investor protection applies only to clients in the EU. Therefore, global traders may lack protection if their account becomes negative, greatly heightening the risk to funds.
• Only two basic currencies, EUR and USD, are available. This isn't functional for reducing conversion costs for worldwide traders, considering the broker is used in over 150 countries.
• The FBS app is excellent for beginner traders and MT4/MT5 is suitable for advanced ones. However, the lack of cTrader and TradingView, available on alternatives like Pepperstone, might be a drawback for traders familiar with these platforms.

Regulation & Trust

FBS is a trusted broker with several regulated entities that help ensure safety and security.

It is regulated by top-tier ASIC in Australia and top-tier CySEC in the EU, offering high trust.

However, its global operations are run under the bottom-tier FSC of Belize, which is less strict than top-tier regulators.

FBS takes steps to safeguard investments by keeping client funds in segregated accounts, ensuring they are protected from the broker’s risks.

The EU branch also offers negative balance protection for added peace of mind, so you can’t lose more than what you’ve deposited.

With over 27 million traders in 150 countries and more than 90 industry awards, FBS is a well-regarded broker in the industry.

Accounts & Banking

Live Accounts

I really appreciate the flexibility FBS offers with its trading conditions. You can open trades as small as 0.01 lots and up to 500 lots, with the ability to have as many as 500 open positions at once.

One of the standout features is the incredibly high leverage, which can reach 1:3000—one of the highest we’ve encountered.

Another thing is the Islamic account, which is designed to comply with Sharia law and doesn’t charge interest.

The margin call level is 40%, and the stop-out level is 20%, which gives you room to manage trades.

Demo Account

FBS allows you to practice risk-free with demo accounts on MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

These demo accounts are funded with virtual money, and you can explore over 550 instruments to test different strategies.

The best part is that the demo account stays active unless you go 90 days without using it.

When you’re ready to switch to a live account, the transition is smooth and straightforward through the client dashboard.

Registration

Setting up an account on the client dashboard was quick and straightforward.

You have the option to register using Google Sign-In or just your email. For verification, I needed to submit some identification documents.

Once everything was set up, I could easily access MetaTrader for trading, which includes features like Expert Advisors (EAs), scalping, hedging, and VPS hosting.

To avoid currency conversion fees, I kept my account balance in USD to save on any extra costs.

Deposits & Withdrawals

FBS requires a minimum deposit of $5, which can vary depending on your location.

For example, the EU Cent account needs €10, while the Standard account requires €100.

The broker offers over 200 funding options, including wire transfers, debit cards, and super-convenient e-wallets like Skrill and Neteller.

The only crypto option supported is USDT, unlike FP Markets, which supports a raft of cryptos including Bitcoin, Ethereum, and Litecoin.

From my experience, deposits are typically instant, but withdrawals can take up to 48 hours.

The best part is that FBS doesn’t charge any fees for these transactions, though your bank might.

Overall, the deposit and withdrawal process is smooth and hassle-free.

Assets & Markets

FBS focuses mainly on forex and CFD trading, which means its asset selection is more limited than that of some competitors.

You can trade 72 currency pairs, including majors like EUR/USD and USD/JPY, and eight precious metals, such as gold and silver.

There are also 11 indices, like the S&P 500 and FTSE 100, plus three energy assets, including oil.

For stock traders, FBS offers over 470 shares from US, UK, and German companies.

While this selection covers the basics, it does miss out on real stocks, ETFs, options, and a wider range of cryptocurrencies.

If crypto trading becomes a priority, consider platforms like Eightcap, which has over 100 crypto derivatives, or CMC Markets, which offers 300+ forex pairs.

XTB also stands out with 2,100+ assets, giving more variety.

Another thing to remember is that FBS doesn’t offer a copy trading service.

So, if you decide to follow expert traders or take a more passive approach, you’d need to explore eToro, IC Markets, Pepperstone or others.

Fees & Costs

FBS offers competitive trading conditions, making it easy to manage costs.

All fees are included in the spread, so you don’t have to worry about separate commission charges.

For instance, when you trade EUR/USD, the average spread is around 0.9 pips; for the Dow Jones 30, it’s about 5.92 points.

If you trade US stocks, there’s a 0.7% commission, and like most brokers, FBS charges overnight fees on most positions—though you can avoid these if you trade actively.

Spreads on forex pairs and stocks are pretty competitive, but I’ve noticed that index spreads are slightly higher than what some other brokers offer. For example, the Dow Jones 30 spread at IC Markets is about 1.40 points.

FBS doesn’t charge inactivity fees, so if you ever need to take a break from trading, you won’t have to worry about extra costs eating into your balance.

Platforms & Tools

I use MT4 and MT5 as my leading trading platforms with FBS, and they work well on both desktop and mobile.

The charting tools are solid. With over 68 indicators, 30 timeframes, and multiple chart types, there are plenty of ways to analyze the market.

One feature I appreciate on the MT5 desktop version is the ability to get mobile and email notifications, which helps me stay on top of my trades even when I’m not actively watching the charts.

The FBS WebTrader app has a user-friendly interface and powerful tools

That said, I find MetaTrader a bit limiting. It doesn’t have the same variety of tools that platforms like TradingView or cTrader offer.

For example, cTrader’s copy trading feature could help you follow experienced traders. While MetaTrader gets the job done, having more built-in features could make analysis and execution smoother.

Research

FBS goes the extra mile with its educational and analytical tools.

The platform gives you access to market analyses, financial news, and expert insights through Forex TV, which is especially useful for EU clients.

When moving, I rely on the mobile app, which includes an economic calendar and trading calculators to help me plan my trades more effectively.

FBS publishes daily analysis and actionable trading insights

One of my favorite resources is the Telegram channel, which keeps me updated with market news and technical analysis in real-time.

While MT5 has a basic economic calendar, I find FBS’s built-in version within the dashboard much easier to browse.

The stock calendar is another great feature. It keeps you informed about upcoming dividend payments for US and European stocks.

These little details make the trading experience smoother and more informed.

Education

FBS an excellent resource for education and market analysis.

It offers plenty of learning materials, like video tutorials, webinars, and step-by-step guides, which have helped sharpen my trading skills.

Its forex education is robust, covering everything from fundamental and technical analysis to risk management.

Level up your trading skills with the FBS Academy

However, FBS could improve its game by adding more advanced trading concepts and insights from industry experts.

Brokers like IG offer in-depth strategies and high-level market analysis, and it would be great to see FBS expand in that direction.

If it introduced more complex trading techniques and expert-driven content, it would benefit both beginners and experienced traders looking to refine their strategies.

Customer Support

I’ve had a great experience with FBS’s customer support team—they’re available 24/7 and always quick to respond.

I usually reach out through live chat, which connects me with a helpful representative in no time.

Whether I have questions about withdrawals, fees, or trading instruments, they always provide clear and reliable answers.

I also appreciate the convenience of the Help Center, which is easily accessible from my client dashboard.

Plus, the FAQ section covers many common issues, so you can often find what you need without even reaching out.

Knowing that support is always there when you need it is reassuring.

Should You Trade With FBS?

FBS is a solid choice for trading, especially with its tight spreads starting at 0.7 pips and leverage going up to 1:3000.

The execution speed is impressive—orders fill in as fast as 10 milliseconds, which makes a big difference in fast-moving markets.

Plus, having 24/7 support gives you peace of mind, knowing help is always available when needed.

I also like the flexibility of choosing between MetaTrader and different account types to fit trading styles.

That said, I do wish there were more indices and commodities to trade.

Also, for global traders like me, the FSC regulation and extreme leverage come with added risks compared to those trading under EU or Australian regulations.

Article Sources

• FBS Website
• FBS – Forex TV
• FBS – ASIC License
• FBS – CySEC License
• FBS – FSC License

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