The verdict in 30 seconds
Independent review of FBS, covering regulation, licenses, accounts, spreads, platforms, funding methods, and swap-free account terms.
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 best suited to traders who value MT4, MT5, FBS Trader, disclosed regulatory coverage, and transparent account specifications.
Look elsewhere if: Limited instrument range compared to major brokers
Regulation & licensing
License status is shown explicitly. Withdrawn or revoked licenses are never hidden.
| Regulator | Full name | Jurisdiction | License number | Tier | Status |
|---|---|---|---|---|---|
| CySEC | Cyprus Securities and Exchange Commission | Cyprus | 331/17 | Tier 1 | Active |
| ASIC | Australian Securities and Investments Commission | Australia | 426359 | Tier 1 | Active |
| IFSC | International Financial Services Commission | Belize | IFSC/60/230/TS/18 | Tier 3 | Active |
Accounts, spreads & leverage
The spread band is disclosed from 0 pips on EUR/USD. 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: funding-method processing is listed as 1-3 business days, Instant; verify the 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: A swap-free option is disclosed, but availability alone is not a religious verdict. Verify the fee schedule, holding-period rules, leverage terms, and contract directly with the broker.
Who FBS is for
FBS is best suited to traders who value MT4, MT5, FBS Trader, disclosed regulatory coverage, and transparent account specifications.
- 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?
funding-method processing is listed as 1-3 business days, Instant; verify the withdrawal timetable
Reviews are independent and informational, not investment advice. Trading carries high risk. Regulatory status and terms can change. Last reviewed: July 27, 2026.
