FBS Review 2026
FBS is a forex broker registered in Belize, with extra licenses in Cyprus and Australia, known for its one dollar minimum deposit.
Min Deposit
$1
Spreads From
0.0 pips
Max Leverage
1:3000
Platforms
3
Pros
- Regulated by ASIC in Australia and CySEC in Cyprus, both checked on real registers
- Very low minimum deposit, from just $1 on the Cent account
- Offers MetaTrader 4, MetaTrader 5, and its own FBS Trader app
- Over 15 years in business with a large, active global client base
- Trustpilot score of 4.3 from more than 8,600 reviews
Cons
- Main global brand runs through an offshore Belize entity, not a top tier one
- South African clients often use the offshore entity instead of the local FSCA one
- WikiFX lists 171 complaints, mostly about withdrawals and price slippage
- Blocked for traders based in the UK and the USA
- Deposit bonus offers are not open to CySEC or ASIC regulated clients
- Leverage hits 1:3000 offshore, far above the 1:30 cap for EU and Australian retail clients
- Tradestone Ltd discloses that 70.72 percent of its retail CFD clients lose money
FBS started in Belize in 2009 and grew into a large offshore forex brand, now claiming over 27 million clients in more than 150 countries. It later added a Cyprus entity, Tradestone Ltd, regulated by CySEC, and an Australian entity regulated by ASIC. The main global site still runs through the original Belize entity, FBS Markets Inc.
Traders can open a Cent account with just $1, or a Standard account with a small deposit. Spreads on the Standard account sit close to one pip in normal conditions, tighter on Zero and ECN accounts that charge a commission. FBS supports MetaTrader 4, MetaTrader 5, and its own FBS Trader app, plus a live deposit bonus through the Belize entity.
FBS holds a valid FSCA license in South Africa, yet new South African clients are usually placed with the offshore Belize entity instead. On Trustpilot, FBS scores 4.3 from over 8,600 reviews, though 10 percent are 1 star, often about slow withdrawals. WikiFX has logged 171 complaints with a similar pattern.
Min. Deposit
USD 1
Max Leverage
Up to 1:3000 on the offshore Belize entity, 1:30 for retail clients in the EU and Australia, up to 1:500 for professional clients in Cyprus
Spreads From
0.7 pips
Platforms
FBS is a globally operating forex and CFD broker founded in 2009, claiming a registered client base of over 27 million across 150+ countries. The broker is regulated by the FSC in Belize and CySEC in Cyprus (for EU clients), offering tiered regulatory protection depending on the client's region.
FBS is particularly popular in Southeast Asia, Africa, and Latin America, where it has established a strong local presence through regional promotions and multilingual support. The broker's $1 minimum deposit and leverage up to 1:3000 on offshore accounts make it highly accessible to traders in emerging markets.
The broker supports MetaTrader 4 and MetaTrader 5, and offers a wide range of account types including Cent, Micro, Standard, Zero Spread, and ECN accounts. FBS also provides a comprehensive education centre, active copy trading functionality, and a multi-award-winning trading app.
Cent
Micro
Standard
Zero Spread
ECN
35+ currency pairs available for trading
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
Platforms
- FSC (Belize)
- CySEC (Cyprus)
- ASIC (Australia)
