FBS is a global forex and CFD broker founded in 2009, serving over 27 million clients in 150+ countries. Known for its ultra-low $5 minimum deposit and comprehensive FBS Academy. Regulated by ASIC and CySEC (Tier-1) and FSC Belize.
- Minimum Deposit: $5
- Trust Score: 72
- Tradeable Symbols (Total): 550
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| Range of Investments | |
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| Mobile Trading |
Table of Contents
My top takeaways for FBS:
- Regulated by ASIC and CySEC (Tier-1) and FSC Belize (Tier-4).
- Minimum deposit is just $5 on Standard accounts.
- Over 550 tradeable instruments.
- High leverage up to 1:3000 on offshore accounts.
- FBS Academy is a standout educational resource.
FBS Pros & Cons
Pros
- ✓Extremely low minimum deposit from $5 — one of the lowest in the industry.
- ✓Regulated by two Tier-1 authorities (ASIC and CySEC) plus FSC Belize.
- ✓Over 550 tradeable instruments including forex, metals, stocks, indices, energies, and crypto CFDs.
- ✓Comprehensive FBS Academy with structured courses, webinars, and educational resources.
- ✓MetaTrader 4, MetaTrader 5, and proprietary FBS Trader app available.
- ✓High leverage up to 1:3000 on offshore accounts.
Cons
- ✗Regulatory protections vary by entity; offshore (Belize) clients have weaker coverage.
- ✗Standard account spreads start from 0.7-1.0 pips, not the tightest in the industry.
- ✗No PayPal support and withdrawal processing can be slower than average.
- ✗High leverage (up to 1:3000) can be dangerous for inexperienced traders.
Low Deposit, High Leverage, Global Reach
FBS is a well-known global forex and CFD broker that has built its reputation around low entry barriers, high leverage, and beginner-friendly trading conditions. Established in 2009, it serves millions of traders worldwide and is regulated by multiple authorities, including CySEC and ASIC, depending on the entity.
One of FBS’s biggest advantages is its extremely low minimum deposit starting from $5, making it accessible for new traders who want to start small. The broker also offers high leverage up to 1:3000 (region-dependent), which attracts traders looking for aggressive trading opportunities, though it also increases risk.
FBS supports popular platforms like MetaTrader 4, MetaTrader 5, and its own mobile trading app, giving users flexibility across devices. It also provides a wide range of instruments including forex, metals, indices, stocks, and cryptocurrencies (availability depends on region).
In terms of trading conditions, FBS offers commission-free accounts with competitive spreads, although some account types may include higher spreads or commissions depending on the structure. The broker is also known for fast execution speeds and multiple payment methods, including local and international options.
However, FBS is not without drawbacks. Some users report regional restrictions, limited transparency in bonus terms, and varying conditions depending on account type and jurisdiction. This means the trading experience can differ significantly depending on where you register.
Overall, FBS is best suited for:
• Beginner traders with small capital
• Traders who want high leverage options
• Users looking for simple MT4/MT5 access and copy trading features
• It may be less ideal for traders who prioritize tight • • spreads, strict top-tier regulation, or fully consistent global conditions.
Expert Take
FBS is a strong choice for beginners in emerging markets who want low entry costs and a well-structured educational programme. EU and Australian clients benefit most from its Tier-1 entities.
FBS Star Ratings
| Feature | FBS |
|---|---|
| Overall Rating | 4.3/5 |
| Trust Score | 72 |
| Education | 4.5/5 |
| Range of Investments | 3.5/5 |
| Trading Fees | 3.5/5 |
| Trading Platforms | 3.5/5 |
| Research | 3/5 |
| Mobile Trading | 3.5/5 |
Getting Started
How to Open an FBS Account and Start Trading?
Getting started with FBS is a simple process designed to help both beginners and experienced traders begin trading quickly. The broker offers a fast account setup and low entry requirements, making it accessible even if you are starting with a small budget.
First, you need to visit the FBS website and click on the “Open Account” button. You will be required to enter basic personal information such as your name, email address, and phone number. After registration, you can choose between a live trading account or a demo account. A demo account is recommended if you want to practice trading without risking real money.
Once your account is created, the next step is verification (KYC). You will need to upload identification documents such as a national ID or passport, and sometimes proof of address. This step is important because it activates full trading features, including deposits and withdrawals.
After verification, you can fund your account. FBS supports multiple payment methods, including bank transfers, cards, and local payment systems depending on your region. One of its key advantages is the low minimum deposit starting from around $5, which makes it beginner-friendly.
Next, you will need to choose a trading platform. FBS supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its mobile app, allowing you to trade on desktop or mobile devices. After logging into your platform, you can start analyzing charts, placing trades, and managing risk using tools like stop-loss and take-profit.
Finally, it is highly recommended to start with small trade sizes or a demo account first, especially if you are new to forex trading. This helps you understand market behavior and reduce the risk of early losses.
Overall, FBS makes the onboarding process smooth, but success in trading still depends on proper risk management and strategy.
