The verdict in 30 seconds
FBS is a global forex broker serving over 27 million clients in 150 countries. Very popular in the MENA region due to low minimum deposits, high leverage, frequent promotions, and strong Arabic support. Offers both CySEC-regulated EU entity and offshore entity for international clients.
FBS is regulated through Tier 1, offers MT4, MT5, FBS Trader, spreads from 0 pips, and leverage up to 1:3000.
Best for: FBS is suited for traders seeking platforms like MetaTrader 4, MetaTrader 5, or FBS Trader who want access to high leverage up to 1:3000, very low minimum deposits ($1 Cent, $5 Standard), and strong Arabic support and promotions. While regulated by top-tier authorities like CySEC and ASIC alongside IFSC, its main entity is offshore in Belize, making it best for traders comfortable with this regulatory setup and a limited instrument range.
Look elsewhere if: Limited instrument range compared to major brokers
Regulation & licensing
Hero and current-regulator claims include only independently verified active operating licences. This detailed evidence table also preserves company-disclosed and unverified active rows; inactive, historical, related-group, and non-licence records remain separate.
| Regulator | Full name | Jurisdiction | License number | Tier | Evidence | Status |
|---|---|---|---|---|---|---|
| CySEC | Cyprus Securities and Exchange Commission | Cyprus | 331/17 | Tier 1 | Legacy record; evidence review pending | Active |
| ASIC | Australian Securities and Investments Commission | Australia | 426359 | Tier 1 | Legacy record; evidence review pending | Active |
| IFSC | International Financial Services Commission | Belize | IFSC/60/230/TS/18 | Tier 3 | Legacy record; evidence review pending | Active |
Accounts, spreads & leverage
The spread band is Spreads starting from 0 pips. Maximum leverage depends on the account and regulating entity.
| Account | Minimum | EUR/USD spread | Commission / lot | Execution | Leverage | Swap-free |
|---|---|---|---|---|---|---|
| Standard | $5 | 0.7 pips | 0 | STP | 1:3000 | — |
| Cent | $1 | 1 pips | 0 | STP | 1:1000 | — |
| ECN | $1000 | 0 pips | 6 | ECN | 1:500 | — |
| Islamic (Standard) | $5 | 0.7 pips | 0 | STP | 1:3000 | ✓ |
Deposits & withdrawals
Withdrawal timing: Processing times are provided only for deposit methods (instant for cards, Skrill, and Neteller; 1-3 business days for bank transfer), so traders should verify the official withdrawal timetable.
| Method | Deposit fee | Withdrawal fee | Processing | Currencies |
|---|---|---|---|---|
| Bank Wire | Free | Free | 1-3 business days | USD,EUR |
| Visa/Mastercard | Free | Free | Instant | USD,EUR |
| Skrill | Free | Free | Instant | USD |
| Neteller | Free | Free | Instant | USD |
Trading platforms
Islamic account & our Sharia checklist
Swap-free account: Available.
A swap-free label is not the same as a Sharia-compliance verdict. Check that no overnight interest is charged under another name, replacement fees are fixed rather than interest-linked, leverage terms are understood, and the exact contract is reviewed.
Our factual note: FBS offers a dedicated Islamic (Standard) account with swap-free functionality. The presence of swap-free availability alone does not constitute a religious verdict, and traders should review the official account terms and conditions directly with the broker.
Who FBS is for
FBS is suited for traders seeking platforms like MetaTrader 4, MetaTrader 5, or FBS Trader who want access to high leverage up to 1:3000, very low minimum deposits ($1 Cent, $5 Standard), and strong Arabic support and promotions. While regulated by top-tier authorities like CySEC and ASIC alongside IFSC, its main entity is offshore in Belize, making it best for traders comfortable with this regulatory setup and a limited instrument range.
- Very low minimum deposit ($1 Cent, $5 Standard)
- High leverage up to 1:3000
- Strong Arabic support and promotions
Who should look elsewhere
No broker fits everyone. Consider another option if the following limitations matter to you.
- Limited instrument range compared to major brokers
- Main entity offshore (Belize) — not top-tier for fund safety
- Very high leverage can be risky for beginners
Frequently asked questions
Is FBS regulated?
FBS is regulated by CySEC (331/17), ASIC (426359), IFSC (IFSC/60/230/TS/18). Review the licensing table for current status.
What is the minimum deposit at FBS?
The disclosed minimum deposit starts from $1.
Does FBS offer an Islamic account?
FBS advertises a swap-free account. This does not constitute a halal or Sharia-compliance verdict; verify its fees and terms.
What platforms does FBS support?
FBS supports MT4, MT5, FBS Trader.
What is the maximum leverage at FBS?
The disclosed maximum leverage is up to 1:3000, subject to account and regulator.
How long do withdrawals take at FBS?
Processing times are provided only for deposit methods (instant for cards, Skrill, and Neteller; 1-3 business days for bank transfer), so traders should verify the official withdrawal timetable.
Reviews are independent and informational, not investment advice. Trading carries high risk. Regulatory status and terms can change. Last reviewed: September 4, 2026.

