The FBS Decision Map
| Decision Question | FxFind Finding |
|---|---|
| Main reason to consider it | Forex leverage up to 1:3000 for certain international accounts, alongside MT4, MT5 and copy trading. |
| Main limitation | The entity and region determine available leverage, account conditions and protections; international headline terms are not universal. |
| Most natural fit | Beginner and intermediate traders seeking a low entry deposit, mobile access or copy trading, provided the terms of their FBS entity meet their needs. |
| Relevant account/platform setup | One supported account type: Standard. The cited EU Standard account uses MT5, has a €100 minimum deposit and spreads from 0.7 pips; global conditions differ. |
| FxFind Rating | 8.48/10 |
View the FxFind rating breakdown
| Category | Score |
|---|---|
| Trust and Safety | 8.2 |
| Fees and Commissions | 8.8 |
| Deposits and Withdrawals | 9.0 |
| Tradable Instruments | 7.5 |
| Setup | 8.5 |
| Account Opening | 9.5 |
| Customer Support | 8.5 |
| Trading Conditions | 8.8 |
| Market Research and Education | 8.5 |
FBS combines low account-entry requirements and several trading routes with a substantial jurisdictional divide: the highest leverage is available to certain international accounts, while stricter retail regimes impose lower limits.
What stands out
- The stated $5 minimum deposit is low, though the cited EU Standard account requires €100.
- MT4, MT5 and the FBS mobile app offer different ways to trade; copy trading is available through a separate app.
- Funding methods include cards, e-wallets, bank transfers and several cryptocurrencies.
What to weigh up
- Leverage and account conditions differ by entity, and the 1:3000 forex maximum is not available to all clients.
- Share CFDs do not confer ownership or voting rights.
- Currency conversion and overnight financing can add to trading costs.
FBS by Client Region and Legal Entity
8.2/10
Legal Entities by Client Region
| Client Location / Group | Contracting Entity | Regulator | Licence | What Changes for the Client |
|---|---|---|---|---|
| Australia | Intelligent Financial Markets Pty Ltd | ASIC | AFSL 426359 | Australian retail CFD rules apply to retail clients, including leverage limits, margin close-out and negative-balance protections. Professional-client treatment differs. |
| EEA / Cyprus | Tradestone Limited | CySEC | CySEC licence 331/17 | The Cyprus/EEA MiFID framework applies. Retail leverage and product rules, investor protections and complaint arrangements differ; compensation eligibility depends on the entity and client. |
FBS also lists Belize among its office locations and names FSC, CySEC, ASIC and FSCA among its regulators. The contracting entity determines which rules and protections apply. FBS is not publicly traded and gives 2009 as its foundation year.
Trading Costs by Account and Instrument
8.8/10
Representative Trading Costs
| Instrument | Spread Basis | Commission | Important Condition |
|---|---|---|---|
| EUR/USD | 1.2 pips average spread | No | Broker-reported average; not identified as specific to the cited EU Standard account. |
| GBP/USD | 1.6 pips average spread | No | Broker-reported average; not identified as specific to the cited EU Standard account. |
| Gold (XAU/USD) | 0.37 points average spread | No | Broker-reported average; the source unit is points. |
| S&P 500 CFD | 0.6 points average spread | No | Broker-reported average; the source unit is points. |
| Standard account, cited EU terms | From 0.7 pips | No | MT5 account with a €100 minimum deposit; global Standard account conditions differ. |
Costs Outside the Trade
| Trader Behavior | Possible Cost | Broker Rule |
|---|---|---|
| Holding positions overnight | Swap/financing charge | Overnight swaps apply to standard accounts; rates can be positive or negative and are tripled on Wednesdays. Standard and Cent accounts have a swap-free option, though some instruments may incur a commission for positions held longer than seven days. |
| Leaving an account inactive | No inactivity fee | FBS does not charge an inactivity fee. |
| Depositing | Possible payment-provider or currency-conversion charge | FBS does not charge a deposit fee, but third-party charges may apply. Currency conversion can apply if the deposit currency differs from the account base currency. |
| Withdrawing | Payment-system-specific charge | Any fee is shown in the withdrawal interface. Payment providers may also charge fees. |
| Trading or transferring funds across currencies | Currency-conversion markup | Conversion fees can apply when an account, payment or instrument uses a currency other than the account base currency. Supported base currencies include EUR and USD. |
Trading costs depend mainly on the instrument spread, overnight financing and currency conversion. FBS does not charge deposit or inactivity fees, while withdrawal charges depend on the payment system.
Key Trade-Offs to Consider
Very high international forex leverage comes with a different risk and protection profile
FBS offers forex leverage up to 1:3000 for certain international accounts, but the maximum can fall as account equity rises and can change with instrument volatility. Stricter regimes impose lower limits; the cited EU retail Standard account is capped at 1:30. The headline maximum applies only to traders eligible for the relevant entity, and the resulting exposure requires careful management.
A low general entry minimum does not describe every account
The stated minimum deposit is $5, compared with €100 for the cited EU Standard account. For traders choosing an account based on a small initial deposit, the applicable entity and account terms determine the threshold.
Multiple trading routes mean separate tools and conditions
FBS offers MT4 and MT5, its own FBS app and a separate CopyTrade app. MetaTrader desktop supports Expert Advisors, while the FBS app is not documented as a user-programmable algorithmic engine. Copying trades also requires a dedicated app rather than the main trading interface, so traders should check that the tools they need are available in their chosen setup.
Build a Trading Setup
8.5/10
Account and Platform Compatibility
| Account | Compatible Platforms | Pricing Model | Automation | Important Constraint | Natural Use Case |
|---|---|---|---|---|---|
| Standard | MT5 on the cited EU account page; FBS also offers MT4, MT5 and the FBS app, but account mapping differs across entities. | Floating spreads; cited EU terms start from 0.7 pips. Commission: No. | MT5 Expert Advisors and desktop automation are supported. | Cited EU minimum deposit is €100 and leverage is up to 1:30; global account terms differ. | Manual or automated trading through MT5 where the account terms and tools meet the trader’s requirements. |
Platform-Specific Differences
| Platform | Web | Desktop | Mobile | Automation | Main Limitation |
|---|---|---|---|---|---|
| MetaTrader 4 | MT4 WebTrader | Yes | iOS/Android | Expert Advisors (MQL4) on desktop or VPS | Full EA and custom-script functionality is centred on desktop/VPS; browser and mobile clients do not provide the full desktop automation environment. |
| MetaTrader 5 | MT5 WebTerminal | Yes | iOS/Android | Expert Advisors (MQL5), Strategy Tester and MQL5 automation on desktop or VPS | Full EA development and testing are centred on desktop/VPS; browser and mobile versions are primarily for trading and monitoring. |
| FBS app | No, as the named mobile app | No, as the named mobile app | iOS/Android | No user-programmable algorithmic engine documented | Proprietary mobile app; MetaTrader automation and VPS are separate. |
Practical Setup Assessment
Manual traders can use MT4, MT5 or the FBS app; Expert Advisors require a MetaTrader desktop or VPS environment. FBS offers VPS hosting for MT4 and MT5: it is free after at least three standard lots in the previous month, requires a one-time deposit of $450 to activate, and costs $33 per month if the trading-volume requirement is not met from the second month. Copy trading uses the separate FBS CopyTrade app. FBS supports algorithmic trading primarily through MetaTrader EAs; direct REST or FIX API access is not highlighted.
Trading Conditions and Position Management
8.8/10
Entering the Market
FBS supports scalping, hedging and news trading. The executed price may differ from the requested price. The stated minimum trade size is 0.01 lots.
Leverage
| Market | Maximum Retail Leverage | Professional / Other Eligible Leverage | What Determines It |
|---|---|---|---|
| Forex | 1:3000 | - | International offering; the maximum can fall at larger position sizes, during volatility or news, or under another legal entity. Cited EU retail leverage is up to 1:30. |
| Indices | 1:500 | - | International offering; exact leverage can vary by entity, account, position size and instrument. |
| Commodities | 1:500 | - | International offering; exact leverage can vary by entity, account, position size and instrument. |
| Stocks | 1:100 | - | International offering; these are share CFDs, and leverage can vary by entity, account, position size and instrument. |
| Bonds | - | - | Not Offered. |
| Cryptocurrencies | 1:500 | - | International offering; crypto access and leverage vary by entity and jurisdiction. Exact leverage can also vary by account, position size and instrument. |
| Other | - | - | Not Offered. |
These are maximums, not fixed leverage for every position. The international forex ceiling is particularly sensitive to account equity and market conditions; the cited EU retail limit is substantially lower.
Margin Calls and Stop-Outs
FBS gives a 40% margin-call level and a 20% stop-out level. At the stop-out threshold, positions are subject to automatic closure to limit further losses.
Trading Restrictions
| Trading Activity | Status | Important Conditions |
|---|---|---|
| Scalping | Allowed | FBS permits scalping; MT4 and other FBS platforms support the strategy. |
| Hedging | Allowed | Opposite positions on the same instrument are permitted. |
| News trading | Allowed | FBS permits news trading. |
| Automated trading | Supported through MetaTrader | MT4 and MT5 Expert Advisors provide the primary automation route; the FBS app is not a user-programmable algorithmic engine. |
| Direct REST/FIX API access | Not highlighted | MetaTrader EAs are the primary documented automation route. |
Tradable Markets: Range and Restrictions
7.5/10
| Asset Class | Approx. Instruments | What Is Notable | Main Restriction / Gap |
|---|---|---|---|
| Forex | 70+ | Margin FX trading; swaps may apply. | Maximum leverage can fall at larger position sizes, during volatility or news, or under another legal entity. No separate professional/eligible-client leverage tier is stated for this offering. |
| Indices | 10+ | Cash- and futures-referenced index derivatives. | Leverage can vary by legal entity, account type, position size and instrument; symbol-level conditions determine exact terms. |
| Commodities | 5 | Spot- and futures-referenced commodity derivatives. | Leverage can vary by legal entity, account type, position size and instrument; symbol-level conditions determine exact terms. |
| Stocks | 470+ | Share CFDs; no ownership or voting rights. | Leverage can vary by legal entity, account type, position size and instrument; symbol-level conditions determine exact terms. |
| Bonds | Not Offered | - | - |
| Cryptocurrencies | 5 | Crypto access varies by entity and jurisdiction. | Leverage can vary by legal entity, account type, position size and instrument; symbol-level conditions determine exact terms. |
| Other | Not Offered | - | - |
Opening, Funding, and Withdrawing From an Account
Account Opening and Verification
FBS requires KYC verification. Registration can begin before verification, but identity verification is required for full account functionality and withdrawals. Required documents include a government-issued passport, driver’s licence or national ID, plus proof of residence such as a utility bill or bank statement. Verification is completed in the Trader Area.
FBS restricts clients from Afghanistan, Austria, Belgium, Bulgaria, Croatia, Cuba, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, India, Iran, Iraq, Ireland, Israel, Italy, Latvia, Libya, Lithuania, Luxembourg, Malta, Myanmar, Netherlands, North Korea, Poland, Portugal, Romania, Slovakia, Slovenia, South Sudan, Spain, Sudan, Sweden, Syria, the United Kingdom and the United States.
Deposit Methods
| Method | Deposit Minimum | Broker Fee | Expected Arrival | Important Restriction |
|---|---|---|---|---|
| Alipay + | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | Requires a supported Alipay+ partner wallet. Availability depends on your wallet, country and the broker's payment provider. |
| Bitcoin | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | Send BTC only to the Bitcoin address and network shown in the deposit instructions. Incorrect transfers may be irreversible. |
| Bitwallet | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | Requires an eligible bitwallet account. Supported currencies, funding methods, verification and transaction limits vary by country and account. |
| Ethereum | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | Send ETH only using the network shown in the deposit instructions. Do not use another Ethereum-compatible or Layer-2 network unless explicitly supported. |
| GCash | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | Requires an eligible GCash account. Available features and transaction limits depend on your account verification level. |
| Litecoin | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | Send LTC only to the Litecoin address and network shown in the deposit instructions. Incorrect transfers may be irreversible. |
| Maestro | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | Only existing Maestro cards may still be available, and acceptance can be limited. No new Maestro cards have been issued in Europe since July 2023. |
| Mastercard | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | Your card must support online payments and be accepted by the broker. Issuer, country, currency and authentication limits may apply. |
| Neteller | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | Requires an eligible NETELLER account. Country availability, account verification and transaction limits may apply. |
| PayMaya | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | PayMaya is now Maya. An eligible Maya account is required, and account verification and wallet limits may apply. |
| PayPal | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | Requires an eligible PayPal account in a supported country. Currency, account status and payment-feature availability may vary. |
| Skrill | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | Requires an eligible Skrill account. Country availability, account verification and transaction limits may apply. |
| Sticpay | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | Requires an eligible STICPAY account. Country restrictions, verification requirements and transaction limits may apply. |
| Tether | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | USDT is available on multiple networks. Use only the exact network and address shown in the deposit instructions; a network mismatch may result in permanent loss. |
| Union Pay | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | An eligible UnionPay card or account is required. Availability depends on your issuer, country and the broker's payment provider. |
| Visa | $5 | No FBS deposit fee/commission; payment-provider charges may apply | automatic/Instant | Your card must support online payments and be accepted by the broker. Issuer, country, currency and authentication limits may apply. |
| Wire Transfer | $5 | No FBS deposit fee/commission; payment-provider charges may apply | hours to 10 business days | Use the beneficiary, bank details and payment reference provided. Intermediary bank fees, currency conversion and processing delays may apply. |
Withdrawal Methods
| Method | Withdrawal Minimum | Broker Fee | Expected Arrival | Important Restriction |
|---|---|---|---|---|
| Alipay + | $3 | Payment-system-specific, displayed in the withdrawal interface | Usually immediate after processing; provider time may vary | Requires an eligible Alipay account; regional availability, verification and wallet limits apply. |
| Bitcoin | $3 | Payment-system-specific, displayed in the withdrawal interface | A few minutes to a couple of days depending network | Use a valid Bitcoin address and supported network; crypto withdrawals are irreversible. |
| Bitwallet | $3 | Payment-system-specific, displayed in the withdrawal interface | Usually immediate; sometimes up to 30 minutes | Requires an eligible bitwallet account; verification, currencies and limits vary. |
| Ethereum | $3 | Payment-system-specific, displayed in the withdrawal interface | A few minutes to a couple of days depending network | Use the exact supported network and receiving address; do not assume other EVM networks are accepted. |
| GCash | $3 | Payment-system-specific, displayed in the withdrawal interface | Method-specific | Requires an eligible GCash account; verification level and wallet limits apply. |
| Litecoin | $3 | Payment-system-specific, displayed in the withdrawal interface | A few minutes to a couple of days depending network | Use a valid Litecoin address and supported network; crypto withdrawals are irreversible. |
| Maestro | $3 | Payment-system-specific, displayed in the withdrawal interface | About 3–4 business days | Legacy card brand; availability depends on the broker and issuer of the existing card. |
| Mastercard | $3 | Payment-system-specific, displayed in the withdrawal interface | About 3–4 business days | Available only through supported card-payout or refund routes; issuer and regional restrictions apply. |
| Neteller | $3 | Payment-system-specific, displayed in the withdrawal interface | Usually immediate; sometimes up to 30 minutes | Requires an eligible NETELLER account; verification, country and wallet limits apply. |
| PayMaya | $3 | Payment-system-specific, displayed in the withdrawal interface | Method-specific | Now Maya; requires an eligible verified account and is subject to wallet limits. |
| PayPal | $3 | Payment-system-specific, displayed in the withdrawal interface | Usually immediate; sometimes up to 30 minutes | Requires an eligible PayPal account; country, verification, currency and account limits apply. |
| Skrill | $3 | Payment-system-specific, displayed in the withdrawal interface | Usually immediate; sometimes up to 30 minutes | Requires an eligible Skrill account; verification, country and wallet limits apply. |
| Sticpay | $3 | Payment-system-specific, displayed in the withdrawal interface | Usually immediate; sometimes up to 30 minutes | Requires an eligible STICPAY account; country, verification and wallet limits apply. |
| Tether | $3 | Payment-system-specific, displayed in the withdrawal interface | A few minutes to a couple of days depending network | USDT uses multiple networks; choose the exact supported network or funds may be lost. |
| Union Pay | $3 | Payment-system-specific, displayed in the withdrawal interface | Usually immediate after processing; provider time may vary | Card payouts or refunds depend on broker, issuer, card and regional support. |
| Visa | $3 | Payment-system-specific, displayed in the withdrawal interface | About 3–4 business days | Available only through supported card-payout or refund routes; issuer and regional restrictions apply. |
| Wire Transfer | $3 | Payment-system-specific, displayed in the withdrawal interface | About 7–10 business days | Enter bank, recipient and SWIFT/BIC details exactly; fees and processing delays may apply. |
Payment Rules
KYC approval is required before withdrawals. FBS generally does not charge withdrawal fees, but the payment-system charge is displayed in the withdrawal interface and providers may impose separate fees. Bank transfers can take substantially longer than e-wallet, card or crypto payouts. Crypto transfers also require the exact supported network and address.
Deposit methods
Withdrawal methods
Customer Support
8.5/10
| Route | Access | Hours | Human / Automated | Languages / Conditions |
|---|---|---|---|---|
| Live Chat | Live chat | 24/7 | Human / agent-assisted | Multilingual |
| [email protected] | 24/7 support / message intake | Human / agent-assisted | Multilingual; asynchronous | |
| Phone | +357 22 010970; +501 611 0594 | 24/7 | Human / agent-assisted | Multilingual; regional availability may vary |
Research, Trading Tools, and Education
8.5/10
| User Need | Available Resources | Provider | Access Requirement | Depth / Limitation |
|---|---|---|---|---|
| Follow scheduled economic releases | Economic Calendar | FBS economic calendar; underlying data vendor not identified | Public-versus-login access is not specified universally; availability can vary by entity and platform. | Scheduled events include actual, forecast and previous data; the calendar cannot cover unscheduled news or every market-moving event. |
| Read market commentary and headlines | Market Analysis; Market News | FBS market commentary and news feed; no external research or news provider identified | Public-versus-login access is not specified universally; availability can vary by entity and platform. | Analysis may be qualitative or technical, with coverage and publishing frequency varying by market and region. News coverage, latency and provider mix can also vary. |
| Learn trading terminology and concepts | FBS Academy, Trader's blog and glossary | FBS | Access conditions are not stated as a single universal rule; availability may vary by account, platform, region or login status. | These resources provide educational support; specific coverage and depth are not stated. |
Who FBS Fits
| Trader Profile | Why It May Suit Them | Main Reservation |
|---|---|---|
| Newer traders seeking a low initial deposit | The general minimum deposit is $5, and FBS offers a demo account and educational resources. | The cited EU Standard account instead requires €100; eligibility and terms depend on the client’s entity. |
| MetaTrader users automating strategies | MT4 and MT5 support Expert Advisors, and FBS offers VPS hosting for automated trading. | Full EA development and testing are desktop/VPS-centric; direct REST/FIX API access is not highlighted. |
| Traders interested in copying strategies | The separate FBS CopyTrade app lets users choose traders to copy. | Copy trading is handled through a separate mobile app, and commissions can apply to copied trades. |
| Traders seeking a specific regulated retail framework | FBS has identified Australian and Cyprus/EEA entities with ASIC and CySEC licences. | Entity-specific leverage, product rules and protections may differ from international terms. |
Before you deposit
Key conditions to verify before funding
Tick each check off as you confirm it on the broker’s own site. Your ticks stay in this browser only.
0/ 5 checks confirmed
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01 Confirm country eligibility Read the checkHide the check
FBS restricts clients in a number of countries, including Cyprus, the United Kingdom and the United States. Confirm your eligibility before registering.
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02 Identify the contracting entity Read the checkHide the check
ASIC, CySEC and international-account terms differ. Establish which entity will hold your account and which protections and leverage limits apply.
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03 Check the account minimum Read the checkHide the check
The general minimum deposit is $5, while the cited EU Standard account requires €100. Check the minimum that applies to your account and payment method.
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04 Complete KYC before withdrawing Read the checkHide the check
FBS requires identity and residence documents for verification, and KYC approval is required for withdrawals.
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05 Review the withdrawal route and network Read the checkHide the check
Withdrawal charges are payment-system-specific and shown in the withdrawal interface. For crypto, use the exact supported network and address.
All checks done. Confirm the final terms on FBS’s site before you fund. Open an account
FxFind's Assessment on FBS
FBS offers several trading routes, including MT4, MT5 and a proprietary mobile app, with separate options for copy trading and MetaTrader automation. Its general deposit minimum is low, and it supports a wide selection of payment methods. The main trade-off is that terms depend on the entity: leverage up to 1:3000 is limited to certain international accounts, while the cited EU retail account has a 1:30 cap and a €100 minimum deposit. FBS is relevant to traders who value platform choice, copy trading or access through an international account and are prepared to assess the associated entity and conditions. Those requiring a uniform account structure, a particular local protection regime or direct REST/FIX API access may find that the setup does not meet their requirements. Total costs also depend on the chosen instrument, financing and payment route.
Review method:See the FxFind Broker Review Methodology for scoring criteria and weightings.
Questions Readers Usually Have About FBS
01 Does FBS offer the same leverage to every client?
<p>No. Forex leverage can reach 1:3000 for certain international accounts, while the cited EU retail Standard account is capped at 1:30. Limits can also change with account equity, position size, volatility and instrument.</p>
02 What is the minimum deposit at FBS?
<p>The general minimum deposit is $5. The cited EU Standard account has a €100 minimum, so the applicable threshold depends on the account and entity.</p>
03 Which platforms does FBS support?
<p>FBS offers MetaTrader 4, MetaTrader 5 and the FBS mobile app. Copy trading uses a separate FBS CopyTrade app; the cited EU Standard account is associated with MT5.</p>
04 Can I use Expert Advisors with FBS?
<p>Yes. MT4 and MT5 support Expert Advisors, with full automation and development functionality centred on desktop or VPS use. The FBS mobile app is not a user-programmable algorithmic engine.</p>
05 Does FBS charge withdrawal fees?
<p>FBS generally does not charge a withdrawal fee, but the payment-system-specific charge is displayed in the withdrawal interface. Third-party provider charges may also apply, and processing time depends on the method.</p>
06 What documents are needed to verify an FBS account?
<p>FBS requires a government-issued passport, driver’s licence or national ID, plus proof of residence such as a utility bill or bank statement. KYC approval is required for withdrawals.</p>
07 Does FBS offer copy trading?
<p>Yes. FBS CopyTrade is a separate app where users can browse trader profiles and choose whom to copy. Commissions can apply to copied trades.</p>
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