FBS
FBS is a global retail forex and CFD broker founded in 2009, offering 40+ currency pairs, ultra-low minimum deposits from $1, and MT4/MT5 platforms.
Quick Facts
- Starting Price
- Free
- Free Tier
- Yes
- Founded
- 2009
- Company
- FBS Markets Inc.
FBS Overview
FBS is an international forex and CFD broker that has grown to serve over 27 million clients across 150+ countries since its founding in 2009. The broker is particularly popular among beginner and intermediate traders due to its extremely low minimum deposit requirements—starting at just $1 for a Cent account—making it accessible to traders with limited capital. FBS offers trading in forex, metals, indices, stocks, energies, and crypto CFDs.
The broker provides access to both MetaTrader 4 and MetaTrader 5 platforms, along with its proprietary FBS Trader mobile app. MT4 and MT5 support Expert Advisors (EAs) for automated trading, the built-in Strategy Tester for backtesting, and custom indicators. The FBS Trader app is streamlined for mobile-first retail traders and includes a copy trading feature that allows users to follow and replicate experienced traders' positions.
FBS operates multiple account types to suit different trading styles. The Standard account offers spreads from 0.5 pips with no commission, while the Zero Spread account provides 0-pip spreads with a $20/lot commission and a $500 minimum deposit. The ECN account targets more active traders with tighter pricing and a $1,000 minimum deposit. Leverage is available up to 1:3000 on select account types, which is exceptionally high and carries significant risk.
Regulatory coverage varies by region. FBS operates under CySEC regulation (Cyprus) for EU clients, FSCA oversight for South African clients, and IFSC licensing in Belize for global clients. The broker provides 24/7 multilingual customer support, an educational portal with webinars and video courses, daily market analytics, and a structured affiliate/IB partner program. While FBS scores well on accessibility and value, its offshore regulatory structure for most non-EU clients warrants due diligence.
FBS Pricing
Demo
- ✓ Virtual funds for practice
- ✓ Full MT4/MT5 access
- ✓ No real-money risk
- ✓ All instruments available
Cent Account
- ✓ $1 minimum deposit
- ✓ Spreads from 1 pip
- ✓ No commission
- ✓ Leverage up to 1:1000
- ✓ MT4/MT5 supported
Standard Account
- ✓ $100 minimum deposit
- ✓ Spreads from 0.5 pips
- ✓ No commission
- ✓ Leverage up to 1:3000
- ✓ MT4/MT5 supported
Zero Spread Account
- ✓ $500 minimum deposit
- ✓ 0 pip spreads
- ✓ $20 per lot commission
- ✓ Leverage up to 1:3000
- ✓ MT4/MT5 supported
ECN Account
- ✓ $1000 minimum deposit
- ✓ Spreads from 0 pips
- ✓ $6 per lot commission
- ✓ Interbank liquidity
- ✓ MT5 supported
Features
Pros & Cons
Pros
- + Ultra-low minimum deposit starting at $1 for Cent accounts
- + Supports MetaTrader 4, MetaTrader 5, and proprietary FBS Trader app
- + Copy trading feature accessible to all account types
- + Extensive educational resources including webinars and courses
- + 24/7 multilingual customer support
Cons
- - Primary regulation is IFSC Belize (offshore) for most global clients
- - High leverage up to 1:3000 poses significant risk for inexperienced traders
- - Limited range of tradable instruments compared to top-tier brokers
- - No proprietary desktop trading platform beyond MT4/MT5
Rating Breakdown
Overall Rating
Key Takeaways
- ✓ Ultra-low minimum deposit starting at $1 for Cent accounts
- ✓ Supports MetaTrader 4, MetaTrader 5, and proprietary FBS Trader app
- ✓ Copy trading feature accessible to all account types
- ✓ Extensive educational resources including webinars and courses
- ✓ 24/7 multilingual customer support
- ★ Rated 3.9/5 — best for beginner forex traders, traders with small capital, copy trading followers, high-leverage strategies
- $ Free tier available
TL;DR
FBS is a forex & cfd brokers tool rated 3.9/5, best suited for beginner forex traders and traders with small capital and copy trading followers and high-leverage strategies. It offers a free plan, with paid plans starting at $N/A/month. Ultra-low minimum deposit starting at $1 for Cent accounts and supports metatrader 4, metatrader 5, and proprietary fbs trader app.
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