FBS 2024 Broker Review

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Introduction To FBS

If you’ve been around the forex industry for a while I’m sure you’ve heard of FBS. They are another veteran broker who’s been in business since 2009. They hold quite a few licenses including; CySEC (Cyprus), ASIC (Australia), FSC (Belize), FSCA (South Africa). While they are headquartered in Belize they also have offices in: China, Egypt, Indonesia, Korea, South, Malaysia, Thailand.

FBS offers forex, CFDs, metals, and stocks. However where FBS really stands out is their cent account offering. A cent account allows traders to trade using a smaller deposit amount – which is great for people just starting their trading journey or traders who wish to test a new strategy. Additionally FBS offers a 100% deposit bonus to allow traders to effectively double their deposit.

FBS boasts over 23 million clients in over 150 countries. They are one of the most successful brokers in the industry, and are a great option for most traders.


Minimum Deposit


FX Commission
(per lot)


Free Demo Account


Inactivity fee


Veteran broker

Cent account

Deposit bonus


Limited trading platforms

Larger spread compared to other brokers

Video Review

Coming soon!

FBS Quick Facts

Country Headquarters


Instruments Offered

Forex, Metal, Stock Indices, Crypto

Base Account Currency


Minimum Deposit


Withdrawal Fee


Account Verification Time

1 day

Deposit Options

Wire Transfer, Card, Moneybookers, WebMoney, Neteller, Skill and more

Accepts crypto deposit


Trading Platforms

MetaTrader 4 / 5 and FBS Trader

Demo Accounts


VPS Offered


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Account Opening 4.7 / 5

Easy to use account opening process – fully online and digital. Verification documents are required.

Commissions & Fees 4.3 / 5

FBS commissions are built into the spread. While some traders might not like this sort of style, we would still consider FBS to have reasonable fees. Additionally there are no fees for deposit or withdrawal of funds.

Deposit and withdrawal 4.8 / 5

FBS has a great selection of deposit options:

  • Bank transfer
  • Card
  • Moneybookers
  • WebMoney
  • Neteller
  • Perfect Money
  • CashU
  • UnionPay
  • Okpay
  • Local deposits

It would be nice to see FBS add support for crypto!

Trading Platforms 4.3 / 5

FBS only offers MetaTrader 4 + 5, and their own platform called FBS Trader. We would love to see them expand to offer other platforms like cTrader.

Customer Support 4.0 / 5

FBS offers 24/7 support in a wide variety of languages: English, Spanish, French, German, Portuguese, Japanese, Italian, Chinese, Bangla, Indonesian, Malay, Thai, Arabic, Vietnamese, Korean, Tamil, Urdu, Malay, Hindi, Pakistani English, Tagalog.

Other 3.9 / 5

Some other cool features that ICMarkets offers:

  • Free demo accounts (no live account required)
  • Deposit Bonuses
  • Trading Contests
  • Free VPS available
  • Cent account

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