FBS Review: Broker Profile, Fees & Bonuses

FBS Account Types Compared

FBS offers one of the widest account line-ups in the industry. Here's how they compare:

Cent – real trading, tiny stakes

Your balance is displayed in cents, so $10 becomes 1,000 cents. Order sizes range from 0.01 to 1,000 cent lots with STP execution. It's the ideal stepping stone between a demo and a standard account.

Micro – fixed spreads for peace of mind

Spreads are fixed from 3 pips. That's wider than variable accounts, but they won't jump during news releases. You get 31 currency pairs and 2 precious metals.

Standard – the all-rounder

Variable spreads from 1 pip, no commission, leverage up to 1:3000 and up to 200 open positions and pending orders. Order sizes range from 0.01 to 500 lots. For most traders, this is the account to start with.

Zero Spread – no spread, flat commission

Spreads are fixed at 0 pips, and you pay a commission from $20 per lot instead. That's expensive for frequent trading, but useful if you trade around volatile news events where spreads normally widen sharply. Available on MT4 only.

ECN – raw market access

A $1,000 minimum, floating spreads and a $6 per lot commission, with 28 currency pairs on MT4. Designed for scalpers and algorithmic traders who want direct market pricing.

Professional – for experienced traders

Spreads from 0.3 pips with no commission, execution in around 0.2 seconds and no limit on open positions. You'll need to pass a suitability survey to qualify.

Demo & Islamic accounts

• Demo: $1,000 in virtual funds, available in Standard, Cent and Crypto versions.
• Islamic (swap-free): available on Standard and Cent accounts, with access to 60+ instruments and spreads from 1 pip.

Which FBS account should you choose?

• Brand new? → Cent
• Want simple, commission-free trading? → Standard
• Trade the news? → Zero Spread or Micro
• Scalping with a bigger balance? → ECN or Professional

Note: FBS updates its account line-up from time to time, and availability varies by region and entity. Confirm which accounts are offered in your country before registering.

FBS Fees & Spreads

Trading costs

What does a 1-lot trade really cost?

Compare the main options on a standard 1-lot EUR/USD trade (approximate, using minimum spreads):

Key takeaway: for most traders, the Standard account offers the best mix of cost and simplicity, while the Professional account is by far the cheapest if you qualify.

Watch the stock commission. That 0.7% of order value on stock CFDs adds up quickly. On a $10,000 position, you'd pay about $70 in commission alone — well above what many competitors charge.

Non-trading fees

Leverage: Up to 1:3000 — Handle With Extreme Care

FBS offers some of the highest leverage in the industry — but how much you actually get depends on your entity and the instrument.

What 1:3000 really means: with just $1 of margin, you can control a $3,000 position. A move of about 0.03% against you can wipe out that margin.

Our leverage rules:

• Beginners should stay at 1:100 or lower.
• Always set a stop-loss before you enter a trade.
• Don't risk more than 1–2% of your balance on a single trade.
• Higher leverage magnifies losses just as much as profits.

Trading Platforms

MetaTrader 4

The industry classic: 50 built-in indicators, Expert Advisors, hedging, pending orders, Multiterminal for managing several accounts, and VPS support. Available on Windows, Mac, Android and iOS.

MetaTrader 5

More power for advanced traders:

• 90 indicators and 21 timeframes
• 6 pending order types
• Built-in economic calendar
• Hedging, VPS support and micro-lot trading
• Three chart types

WebTrader

A browser-based MetaQuotes terminal with no download needed. It's handy for checking positions from any computer.

FBS Trader – the award-winning app

FBS's own mobile app for Android (5.0+) and iOS (12.0+):

• 150+ instruments in one app
• Simple, beginner-friendly layout
• Deposits, withdrawals and trading in one place
• Up to 20% cash-back on spreads for professional traders
• Named Best Mobile Trading Platform at the 2020 Smart Vision Investment Expo

Tradable Instruments

FBS uses an NDD execution model with multiple liquidity providers and says it offers fast execution with no requotes.

Instruments score: 3.8 / 5 — good coverage for forex traders, but the overall range is narrower than multi-asset brokers that offer thousands of stocks.

Deposits & Withdrawals

Deposits

Withdrawals

Pro tip: E-wallets like Skrill and Neteller are usually the fastest way to get your money out — often in under 20 minutes once your account is verified.

Account currencies: USD, EUR, GBP, AUD. Crypto accounts use USDT as the base currency.

Deposit & withdrawal score: 4.4 / 5

Education & Research

FBS invests heavily in education, which explains its popularity with new traders:

For beginners:

• Step-by-step guidebooks
• Video lessons
• Structured training courses
• Regular webinars

For experienced traders:

• Daily market news
• Technical and fundamental analysis
• Economic calendar

Education score: 4.4 / 5 · Research score: 4.0 / 5

Customer Support

FBS offers one of the most accessible support setups in the industry:

• 24/7 live chat on the website
• Email:support@fbs.com (support@fbs.eu for EU clients)
• Phone and scheduled callbacks
• Messaging apps: WhatsApp, Telegram, Viber, Facebook Messenger and Line
• Languages: 17, including Bengali, Urdu, Arabic, Indonesian, Thai, Vietnamese and Chinese

For traders in Bangladesh and South Asia, the Bengali-language website and support are a real advantage.

Bonuses & Promotions

FBS has a long history of running trader promotions, but offers change frequently and differ by region and entity. EU and Australian clients generally can't receive bonuses due to regulation. The one ongoing incentive we confirmed is the FBS Trader cash-back of up to 20% of the spread for professional traders.

For the latest active FBS offers, check the FxBonusOffer Forex Bonus section — we update it regularly.

How to Open an FBS Account

1. Visit the FBS website (fbs.com for international clients, fbs.eu for EU clients).
2. Click Open Account and register with your email or social profile.
3. Confirm your email and log in to your Personal Area.
4. Complete verification by uploading your ID and proof of address.
5. Choose your account type (Cent, Standard, etc.) and platform.
6. Deposit from $1 using a card, e-wallet or bank wire.
7. Download MT4, MT5 or FBS Trader and start trading.

FBS Pros & Cons

What we like

• $1 minimum deposit on most accounts
• Four regulators, including Tier-1 ASIC and CySEC
• Seven account types, including Cent, Zero Spread and Professional
• Leverage up to 1:3000 for international clients
• Free deposits and fast e-wallet withdrawals (often 15–20 minutes)
• Award-winning FBS Trader mobile app
• 24/7 support in 17 languages, including Bengali
• Strong education for beginners

What to watch

• Tier-1 protections apply only to EU and Australian clients
• 0.7% commission on stock CFDs is expensive
• Zero Spread commission (from $20/lot) is high
• ECN and Professional accounts require $1,000
• No agricultural commodities and a limited stock range
• Not available in the USA, UK, Iran, Israel and Myanmar

FBS Review examines whether a $1 broker can compete with major names, covering its offer, costs, trading options, and who may find it useful.

FBS Review Can a $1 Broker Really Compete With the Big Names?

FBS Review – $1 minimum deposit, 1:3000 leverage, 4 regulators, 4M+ traders The 30-second verdict: FBS is one of the most widely used retail forex brokers in Asia, Africa and Latin America, with millions of clients, a $1 entry point and leverage that goes as high as 1:3000. Unlike many low-deposit brokers,

it is licensed by four regulators, including two Tier-1 authorities — ASIC and CySEC. The catch: the best protections apply only if you trade through the right entity, and the stock CFD commission is on the steep side.

FBS at a Glance

What Makes FBS Stand Out?

FBS launched in 2009 and has grown into one of the biggest names in retail forex — especially in South and Southeast Asia, the Middle East and Africa. It runs twelve offices in seven countries (including Egypt, Indonesia, Malaysia, Thailand, China, South Korea and Myanmar) and its website is available in 17 languages, including Bengali.

Three things set FBS apart from the crowd:

1. A true "start with anything" broker. Most account types open with just $1, so anyone can try live trading without serious financial risk.
2. More regulation than you'd expect. Many low-deposit brokers rely on a single offshore licence. FBS holds four, including ASIC (Australia) and CySEC (Cyprus).
3. Choice. From cent accounts and fixed-spread micro accounts to zero-spread and ECN accounts, FBS offers more account styles than almost any competitor.

Is FBS Safe? Regulation Explained

FBS licences

Why your entity matters

This is the part most reviews gloss over. Your level of protection depends on which FBS entity you sign up with, and that depends on where you live:

• EU clients (CySEC): strict ESMA rules apply — leverage is capped at 1:30 on major forex, negative balance protection is mandatory and you're covered by Cyprus's Investor Compensation Fund.
• Australian clients (ASIC): similar retail protections, including leverage limits of 1:30.
• International clients (IFSC Belize): you get the famous 1:3000 leverage and the widest choice of accounts — but under a lighter, Tier-3 regulatory framework.

FxBonusOffer tip: If you're in Bangladesh, India, Pakistan or most of Asia and Africa, you'll most likely be onboarded under the Belize entity. Always check which company name appears on your client agreement.

safety verdict

FBS is a legitimate, long-established broker with a multi-jurisdiction licence structure that's stronger than most of its high-leverage competitors. International traders should simply understand that the Tier-1 protections don't automatically extend to them.