FBS Information
FBS is a regulated broker that provides 550+ tradable instruments, including currency pairs, metals, energies, indices, and shares with leverage up to 1:3000, spread from 0.0 pips and commissions from 0% through FBS app, MT4 and MT5 trading platforms. The minimum deposit requirement is just $5.
Pros and Cons
Pros:
Regulated by ASIC and CySEC
Various trading assets
Leverage up to 1:3000
MT4/MT5 available
Low minimum deposit requirement
24/7 multi-channel cutsomer support
Cons:
Offshore FSC license
Regional restrictions
Is FBS Legit?
Yes. FBS is regulated by ASIC in Australia and CySEC in Cyprus, and offshore regulated by FSC in Belize. Regulated brokers are safer than unregulated ones, but investing is inevitably risky.
What Can I Trade on FBS?
Traders can invest in 550+ trading instruments, including currency pairs, metals, energies, indices, and shares.
| Tradable Instruments | Supported |
| Currency Pairs | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Leverage
The maximum leverage is capped at 1:3000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spread and Commission
FBS offers floating spreads from 0.7 pips and no commissions charged.
Trading Platform
FBS has an authoritative MT4 and MT5 trading platform, favorited by traders ranging from junior to senior traders, and FBS also offers the proprietary trading platform FBS app.
| Trading Platform | Supported | Available Devices | Suitable for |
| FBS app | ✔ | iOS, Android | / |
| MT4 | ✔ | iOS, Android, macOS, Windows | Beginners |
| MT5 | ✔ | iOS, Android, macOS, Windows | Experienced traders |
Deposit and Withdrawal
FBS says to accept 200+ payment methods, such as VISA, Mastercard, Sticpay, etc. (vary on the region). The minimum deposit is $5, and no commissions are charged.
