FBS review

Information source:
The source of this information is the website and the broker's trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

In this review we compared FBS with competition based on ⏩ fees, spreads, offer of trading assets and experience of traders. FBS legally operates in the European Union thanks to CySec and IFSC license.


Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Basic information from FBS review

About the broker

Web:https://fbs.com
Readers' rating22 Votes
67
License:CySec IFSC
Supported languages:English, German, Spanish, French, Italian, Turkish, Portuguese, Vietnamese and Hindi
Year of foundation:2009
Holder: FBS Markets Inc.
Headquarters: No.1 Orchid Garden Street, Belmopan, Belize
Methods of contacting customer support:E-mail, online chat
Contact:support@fbs.com,
Deposit methods:VISA, bitwallet, Local Exchangers, Neteller, PerfectMoney, Skrill, SticPay
Withdrawal methods:VISA, bitwallet, Local Exchangers, Neteller, PerfectMoney, Skrill, SticPay

About trading with FBS

Minimum deposit:1 USD
Min. trade:0.01
Maximum leverage:

The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.

For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions.

1:3000
Spreads:Look at the spread table - minimal spread on the currency pair EUR/USD is 1.0 pips * on a standard account type
Underlying assets:
Might be a CFD.
Forex (35), stocks (33), commodities
Mobile app: Yes
MetaTrader 4:Yes
Other trading platforms:MetaTrader 5, FBS Trader, WebTrader
Social trading:No

Spreads & fees

Fees of most brokers change relatively often and unfortunately it is not in our possibilities to keep up-to-date information about fees at FBS, of course you can find current info on their website https://fbs.com.

Minimal spreads at FBS on standard account*

EUR/USDGBP/USDUSD/JPYEUR/GBPUSD/CHFEUR/JPY
1.0

* Spread was taken 17.01.2020 at 21:21 from the web or trading platform of FBS.

Random reviews of competing CFD brokers: FOREX, KeyToMarkets, Land-Fx and Pelliron

Leave A Review
Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
88
Spread and fees
88
Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
88
Customer support speed, availability, availability in the language you speak
87
Based on 48
88
Average rating from reader reviews

Frequently Asked Questions

🧐 Is FBS a scam?

We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if FBS is a scam or not.

🆓 How to open a free demo account?

Opening a demo account with FBS is very simple, just register on their website.

📱 Does FBS offer the best mobile app for trading?

FBS offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.

We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the FBS mobile app.

⚖️ Would you recommend me FBS?

FBS is one of tens (possibly hundreds) of brokers operating in the European Union, and that's why it makes no sense to choose FBS as a broker where you trade before you compare it with competitors.

Is this an ad?

We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.

BrokerEnglishMin. depositSpread EUR/USD*PlatformsLicense
Readers' rating750 Votes
83
100 USD 1.0 pips
Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Etoro.
In-house built platform FCAASICCySecetoro.comreview  EUR/USD*: 1.0 pips
Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Etoro.
51% of retail investor accounts lose money when trading CFDs with this provider
Readers' rating774 Votes
86
0 0.9 pips
Spread was taken 15.11.2024 at 11:12 from the web or trading platform of XTB.
In-house built platformFCA CySecxtb.comreview EUR/USD*: 0.9 pips
Spread was taken 15.11.2024 at 11:12 from the web or trading platform of XTB.
74% of retail investor accounts lose money when trading CFDs with this provider
Readers' rating481 Votes
79
100 USD 0.8 pips
Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Plus500.
In-house built CFD platformFCAASICCySecplus500.comreview EUR/USD*: 0.8 pips
Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Plus500.
80% of retail investor accounts lose money when trading CFDs with this provider

* The spread is variable for most brokers and changes depending on market volatility.


Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 51% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.

Selecting an unsuitable broker can put even a great trader at a loss.

That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.

If you have any experience with FBS, please share it in the comments to help others to choose the suitable broker.

FBS review & user ratings

Forum, opinions and user reviews

  1. Caden Bradtke says:
    90
    Nice analytics for trade ideas

    I take some of trade ideas from here🙂 They just help me understand whats going to happen on this day and so on!

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    90
    Spread and fees
    90
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    90
    Customer support speed, availability, availability in the language you speak
    90
    0
    0
  2. Aatif Tasneem says:
    90
    Mixed Feelings

    FBS withdrawals do not have any major problems however it does take more than the” instant” they boast of processing which often takes at least 24 hours. The spread is acceptable though could be tighter. The platform is okay enough though there has been slowness from my side, particularly during high moments of volatility.
    Commendable customer support that is multilingual

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    90
    Spread and fees
    90
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    85
    Customer support speed, availability, availability in the language you speak
    95
    0
    0
  3. Diego Flatley says:
    90
    Quick Payment Service

    Having used the FBS Cent and the Standard accounts, I can confirm their low spreads coupled with the interface being easy to use the service has generally been a pleasant experience. Fortunately, the deposit and withdrawal process is as expected and customer support is very active and reachable in different languages, which is valuable.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    80
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    80
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  4. Rene says:
    92
    Smooth

    Offers leverage as high as 1:3000 with competitive spreads from 0.7 pips. The funding processes is smooth and the customer support team are multilingual and available via live chats etc

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    82
    Spread and fees
    89
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    98
    Customer support speed, availability, availability in the language you speak
    99
    0
    0
  5. Martin Vargas says:
    89.8

    No lo entiendo. Cuando abro el sitio web oficial solo veo una cuenta Standard. Probablemente en el artículo se olvidaron de señalar la jurisdicción para estos tres tipos de cuenta.
    Es algo habitual cuando un broker ofrece diferentes condiciones para diferentes jurisdicciones.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    83
    Spread and fees
    88
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    96
    Customer support speed, availability, availability in the language you speak
    92
    0
    0
  6. Fernando P. says:
    92.5
    Cool insights

    What I like here is the insights, they are so accurate from titme to time🤞
    Trading here give me confidency really, cuz I can get some trade ideas and have berter chances of profit🫰

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    97
    Spread and fees
    89
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    99
    Customer support speed, availability, availability in the language you speak
    85
    0
    0
  7. Isaac Costa says:
    88.3
    It's alright

    spread and fees = very good here, especially because of positive swap rate available for most (i think all?) assets.
    payouts = fast, <1 day
    reputation = excellent, I had seen this broker in top-3 on many websites. But top-1 if you factor in swaps+spreads situation
    customer support = top-tier, got my answers in minutes, and very pleasant people.
    So I think fbs is quite alright.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    87
    Spread and fees
    85
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    91
    Customer support speed, availability, availability in the language you speak
    90
    0
    0
  8. Horacio Mitchell says:
    89.5

    Despite that FBS is one of the oldest broekrage companies in the trading industry, they are still able to provide beneficial trading conditions to customers and I find it very cool. There’re:
    -narrow spreads
    -low commissions
    -cheap swap fees
    I think all these things that I metnioned above make the trading experience easy and enjoyable. That’s why I’m still here and not going to leave this company!

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    94
    Spread and fees
    81
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    97
    Customer support speed, availability, availability in the language you speak
    86
    0
    0
  9. Ulises says:
    86.3
    SUPPORT

    I could not understand all the nuances of how to pass the registration process and luckily the support team was able to explain everything to me in simple words. Well done, guys! 👍🙌

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    80
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    80
    Customer support speed, availability, availability in the language you speak
    85
    0
    0
  10. Mahir Nayif says:
    85.5

    I assume that my trading conditions here are favorable.
    I think so because my account is commission-free. Obviously, this is a good deal

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    86
    Spread and fees
    80
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    86
    Customer support speed, availability, availability in the language you speak
    90
    0
    0
  11. Andries says:
    87.5
    Great support

    Prompt to answer and helpful throughout the process.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    75
    Spread and fees
    95
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    95
    Customer support speed, availability, availability in the language you speak
    85
    0
    0
  12. Dr. Rashad says:
    85.5
    Dr. Rashad

    FBS is a meaning of the qualitative borker in the trading industry.
    I’m satisfied with everything!
    -Reputation is reliable
    -Trading platform is multifunctional
    -Customer service is always available
    -Trading conditions are great and especilaly spreads which start from 0,7 pips and it is definitely one of the big advantages of the FBS broker.
    I don’t need to add anyhting more!

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    86
    Spread and fees
    80
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    86
    Customer support speed, availability, availability in the language you speak
    90
    0
    0
  13. Gareth Kruger says:
    87.5

    I do believe FBS has the HIGHEST credibility score among the competitors! The Standard account offering lacks some flexibility with the spreads and whatnot. but if I’m being brutally honest, the trading conditions are above market average by a long shot.
    What else…leverage can be crazy high!! but… you can control it. Awesome stuff!

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    80
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    90
    Customer support speed, availability, availability in the language you speak
    80
    1
    0
  14. Ignazio Alo says:
    90.5

    It’s captivating they provide with a rather extensive range of stocks for trading with favorable trading terms.
    I trade US tech. sphere and spreads are sometimes below 1.5 pips. I don’t feel them.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    98
    Spread and fees
    89
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    80
    Customer support speed, availability, availability in the language you speak
    95
    0
    0
  15. Dilok Chadee says:
    92.5

    I really appreciate what the team is doing to provide the comfort to clients. I usually trade metals like Silver and Gold, and they can be pretty volatile so the spread plays a big role.
    0.01 pip on Silver and 0.2 on Gold is really great, given the commission is very low.
    I depoed and withdrawed without any problems, my top choice!

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    90
    Spread and fees
    90
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    90
    2
    0
  16. Pedro Lira says:
    90.5

    I used analytics of this broker when I was learning how to do my own analytics.
    I understand that analytics published by this company are made by real professionals.
    That’s why I used it as an example when I was learning to understand market rtends.
    Thanks to this, I’m now doing a pretty good analysis of markets and it sometimes brings me income.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    98
    Spread and fees
    89
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    80
    Customer support speed, availability, availability in the language you speak
    95
    0
    0
    1. Bruno Lagos says:

      Learning by doing is probably the best way to learn how to do your own trading analyses. However, having ready-to-use analysis is beneficial and can indeed be a learning tool.

  17. Gabriel Borrego says:
    92.5
    Their acc

    Their acc the ultimate solution and they ain’t need to add more accounts….

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    90
    Spread and fees
    90
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    90
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  18. Junaid de Vrij says:
    87.8

    FBS broker has a truly captivating trading infrastructure! It includes everything one needs and it doesn’t matter which trading style you have. One account type is what I like most about the platform, cuz minimum deposit is just $5, spreads start from 0.7 pips and leverage reach tremendous values – 1:3000. Even if I am an experienced trader, I ain’t trade it that big. Follow my lead.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    85
    Spread and fees
    91
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    90
    Customer support speed, availability, availability in the language you speak
    85
    1
    0
  19. E. Parra says:
    85.5
    Overseen by many

    Tbh, when the company is being supervised by more than one regulator, it automatically gets reliable for me, especially if this regulator is CySEC.
    I know that the FBS broker possesses this regulation and it helped me to understand that I was about to tie with a professional broker.
    So far I trade here and experience no difficulties with using everything I need 🙂

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    91
    Spread and fees
    88
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    80
    Customer support speed, availability, availability in the language you speak
    83
    0
    0

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