FXBrokerTrust
FBS

FBS

CompliantChinese Support
Company Name
FBS
Headquarters
Cyprus
Founded
Founded in 2009
  • CySEC
  • FSCA
  • FSA
  • FSC
  • IFSC
Overall Score
7.6/10
Min Deposit
$1
Max Leverage
1:3000
EUR/USD Spread
0.5 pips
Trading Platform
MT4, MT5, FBS Trader
Withdrawal Speed
1-3 business days

Overview

FBS is a Cyprus-based forex and CFD broker founded in 2009. Regulated by CySEC, FSA(Seychelles), IFSC, FSC(Mauritius), and FSCA, FBS is known for its ultra-high leverage up to 1:3000, minimum deposit of just $1, Cent account for beginners, and its strong presence in Asian markets including China.

Basic Information

Company Name
FBS
Founded
Headquarters
Cyprus
Official Website
https://www.fbs.com
Instruments
Forex, CFD, Indices, Commodities, Cryptocurrencies, Shares, Metals
Account Types
Cent, Micro, Standard, Zero Spread, ECN
Chinese Support
Yes

Regulation

Regulatory licenses and compliance status of this broker

  • CY
    CySECVerified

    Cyprus Securities and Exchange Commission · License NumberCySEC 331/17

  • ZA
    FSCAVerified

    Financial Sector Conduct Authority · License NumberFSP 50123

  • SC
    FSAOffshore

    Financial Services Agency · License NumberSD017

  • KY
    FSCOffshore

    FSC · License NumberC118022680

  • BZ
    IFSCOffshore

    IFSC · License NumberIFSC/60/230/TS/19

Trading Conditions

Trading Conditions

Max Leverage
1:3000
Min Deposit
$1
EUR/USD Spread
0.5
Trading Platforms
MT4, MT5, FBS Trader
Instruments
Forex, CFD, Indices, Commodities, Cryptocurrencies, Shares, Metals
Account Types
Cent, Micro, Standard, Zero Spread, ECN

Deposits & Withdrawals

Deposit Methods
  • Bank Transfer
  • Credit/Debit Card
  • Skrill
  • Neteller
  • UnionPay
  • Perfect Money
Deposit SpeedInstant
Deposit FeeFree
Withdrawal Methods
  • Bank Transfer
  • Credit/Debit Card
  • Skrill
  • Neteller
Withdrawal Speed1-3 business days
Withdrawal FeeFree

Scoring Details

Regulatory QualificationWeight 30%
7.3
Trading EnvironmentWeight 20%
7.8
Fund SafetyWeight 15%
7
User ReputationWeight 15%
7.6
Platform FeaturesWeight 10%
7.5
Customer ServiceWeight 10%
7.8

Pros & Cons

Pros

  • Ultra-high leverage up to 1:3000
  • Minimum deposit of just $1
  • Five account types for all levels
  • Strong presence in Asian markets
  • 24/7 customer support with Chinese language

Cons

  • Some regulatory entities are offshore
  • No proprietary desktop platform
  • ECN commission higher than competitors
  • Limited research and analysis tools
  • Marketing-heavy approach may concern some traders