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 holds register-verified licences up to Tier 1, offers MT4, MT5, FBS Trader, spreads from 0 pips, and leverage up to 1:3000.
Best for: An approved suitability assessment is not available.
Look elsewhere if: Limited instrument range compared to major brokers
Regulation & licensing
Each row shows its evidence status. «Verified on the regulator register» means ForexEF read the regulator's public register on the date shown; other rows are as disclosed by the company and remain under review. Licence status can change: check the regulator's register before opening an account.
| Regulator | Full name | Jurisdiction | License number | Tier | Evidence | Status |
|---|---|---|---|---|---|---|
| CySEC | Cyprus Securities and Exchange Commission | Cyprus | 331/17 | Tier 1 | Verified on the regulator register (12 Oct 2026) | Active |
| ASIC | Australian Securities and Investments Commission | Australia | 426359 | Tier 1 | Verified on the regulator register (12 Oct 2026) | Active |
| IFSC | International Financial Services Commission | Belize | 4077102 | Tier 3 | Verified on the regulator register (12 Oct 2026)Number from the FSC Belize register (FBS Markets Inc.). | Active |
Accounts, spreads & leverage
The spread band is not established by an approved account-specific review. 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: not established by an approved withdrawal-specific review
| 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: Account-specific swap-free terms have not been editorially approved. Verify the contract and fees; this is not a religious ruling.
Who FBS is for
An approved suitability assessment is not available.
- 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's licences with CySEC (331/17), ASIC (426359) and IFSC (4077102) were checked on the regulators' public registers (12 Oct 2026). See the licence table for details.
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?
not established by an approved withdrawal-specific review
Reviews are independent and informational, not investment advice. Trading carries high risk. Regulatory status and terms can change. Editorial review date not recorded.
