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FBK MARKETS logo

FBK MARKETS

Suspicious Clone
South Africa
Since 2020
Last Updated:

Trading Conditions

Min Deposit:
ZAR20
Max Leverage:
1000
Account Types
  • Standard
  • Zero Spread
  • ECN
  • Micro

Official website

fbkmarkets.com

Online · checked Sep 10, 2026

Funding Methods

No funding methods available

Trust rating

High risk

42 out of 100 · 70% checked· Provisional

The licences it claims have not been checked on any official register, and its client terms carry high risk, with 6 critical clauses.

We checked FBK MARKETS on 2026-10-29 across its regulation, company record, client terms, trading offer and service, and could verify 70% of its record. It claims 1 licence on its site, but none has been checked on an official register yet. The score of 42 is what the checked record adds up to; nothing held it down. The rating stays provisional until a claimed licence is checked on an official register. What would move the score: licence held by the onboarding entity, verified age, transparency. No investigation has been published yet, so complaints and reputation are unknown. Its client terms carry high risk, with 6 critical clauses.

Score last calculated 2026/10/29

Company Information

Full Name:FBK MARKETS
Founded:2020
Headquarters:South Africa
Enterprise Offices:N/A

Customer Support

Phone:
+27692670041
Live Chat:
Available
Response Time:
—
Languages:
English
Scroll Down

What FBK MARKETS legally published, but does not want you to read

Wikilix contract reading ·

High contract risk

FBK Markets published a notice saying it lost its licence cover on 11 May 2026. Every page footer still claims it holds that licence. The contract you sign is with RocketX, not FBK Markets, and it never names FBK Markets once. It gives you 24 hours to challenge an error in a statement. The site sells trading robots and negative balance protection that the same contract takes away.

6Critical clauses
16Clauses flagged
16Documents read
8.0/10Contract risk
Read the full terms report12 more clauses, each with its wording, clause number and source
Editorial review
Updated

Broker Summary

What Wikilix has recorded about FBK MARKETS: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

Choosing the right broker is a crucial element for both novice and experienced traders alike in their trading ecosystem. FBK MARKETS, through its trading capabilities and associated Financial Services, envisions building an environment that enables all of its clients' needs as a trading firm. Presently, however, there are few public disclosures available on FBK MARKETS, and understanding the commonalities among brokers of this nature will help potential customers understand what they can expect from FBK MARKETS.

This article seeks to provide prospective traders with a comprehensive and expert summary of FBK MARKETS, including the following aspects: the Founding and Establishment History of FBK MARKETS; Key Features of FBK MARKETS as a broker and Financial Services Provider; The Regulatory Status of FBK MARKETS; Trading Conditions at FBK MARKETS; and The Fee Structure at FBK MARKETS and User Experiences/Feedback regarding FBK MARKETS.

Through the establishment of a clear, open, and honest summary of publicly available information regarding FBK MARKETS, prospective traders can make more informed decisions on whether to partner with FBK MARKETS.

Background / History of FBK MARKETS

At this time, only a small amount of publicly available information about FBK MARKETS is available (governing the founding date(s) and major milestones). Therefore, the lack of publicly available information leads to speculation that FBK MARKETS has either only recently been established in the Financial Services Industry or operates with a significantly lower public profile.

Due to the very limited or complete lack of publicly accessible Historical Data for FBK MARKETS, it will be exceedingly difficult, at this point in time, to determine how FBK MARKETS has developed and grown over its existence; thus, it will also be very difficult to determine to what degree FBK MARKETS has contributed to the Brokerage Community throughout the years.

Nevertheless, brokerages with little to no public trading history have successfully expanded and continue to do so, establishing clientele by focusing on offering Competitive Trading Conditions and, therefore, Customer Service. As a result of FBK MARKETS’ continued growth, it is reasonable to think that FBK MARKETS likely has adopted a similar focus on becoming Operationally Efficient and Satisfying Its Customers.

Key Features of FBK MARKETS

FBK MARKETS offers a range of trading services similar to those of most global brokers in the Financial Services Sector. While information on specific product offerings available can be located in the public domain, brokers of this nature typically provide Clients with access to a wide array of Financial Instruments and the opportunity to trade these instruments through various Trading Platforms and Account Types, as well as to choose various Practical Leverage Levels to accommodate their Trading Styles and Risk Management Preferences, in conformity with that of typical brokers. Most likely, FBK MARKETS will employ technology to develop a User-Friendly Trading Environment whilst providing the highest levels of Customer Service.

Regulatory Compliance and License Status of FBK MARKETS

Usually, it is vital for potential traders to assess a broker’s Regulatory Compliance before selecting a broker; Regulatory Compliance indicates that the brokerage is adhering to Financial Industry Standards and that the brokerage Firm provides the necessary Protection for its clients. At this time, there currently remains Little or No Publicly Available Information Related to the Regulatory Licenses and Regulatory Compliance Status of FBK MARKETS.

As such, traders should be particularly cautious when seeking to do business with FBK MARKETS, and therefore, we advise all traders to perform extensive due diligence on FBK MARKETS prior to entering into a relationship with said broker. Transparency, regarding Regulatory Compliance, is one of the most important components of establishing Trust and creating a Secure Financial Trading Environment.

Trading Conditions and Platform Technology

Along with the noted points, when selecting a broker, traders must consider the trading conditions the broker will provide. Trading conditions include spreads, leverage, and minimum deposits. There is very little information available regarding FBK MARKETS, so the actual amounts cannot be provided. However, brokers in this classification of intermediaries generally offer very competitive spreads, various leverage options, and low minimum deposits to attract a broad customer base.

When a trader gains access to a broker's online trading platforms, most brokers provide their customers with either a popular platform, such as MetaTrader 4 or MetaTrader 5, or a proprietary platform that is easy to use and offers advanced trading tools. It is likely that FBK MARKETS offers solutions that meet its customers' needs.

Fee Structure

Understanding the fee structure is essential for evaluating the cost-effectiveness of a broker. FBK MARKETS’ specific fees related to deposits, withdrawals, and commissions are not publicly disclosed. Generally, brokers may charge variable or fixed commissions, spreads, and fees for certain transactions.

Potential clients should seek direct clarification from FBK MARKETS regarding any applicable fees to avoid surprises and ensure transparent trading costs.

User Experience and Market Reputation

FBK MARKETS lacks an established reputation, with few reviews or testimonials. As a result of this lack of information, traders must rely on comments from other traders and independent reviews to determine how trustworthy and dependable a broker is, what type of customer service it provides, and what platform it offers for trading.

In the absence of reviews or feedback, potential clients should exercise caution and begin with a small investment or a demo account to assess the broker’s services.

Recent Developments

There are no public updates, innovations, or expansions regarding FBK MARKETS. The lack of recent information suggests the company is maintaining a steady state and offers minimal public communication.

Anyone wanting to learn about recent developments regarding FBK MARKETS should contact them directly or monitor the company's official releases.

Conclusion

FBK MARKETS presents itself as a trading broker and financial service company. However, because limited information is available about FBK MARKETS, traders cannot fully assess its reliability or the full range of offerings. Key information currently unavailable to the public includes its regulatory status, specific trading conditions, detailed fee structures, and user feedback.

Therefore, if you are interested in working with FBK MARKETS, please conduct adequate due diligence to ensure you are informed about the broker before opening an account, and also consider starting out with a small amount of money. Therefore, it is important to clarify with the broker the issues of transparency and regulatory compliance before becoming a client or customer.

 

 

Regulation check

Regulatory Licenses

Every licence FBK MARKETS has in force is from an offshore regulator. Most carry no compensation scheme — each licence's record says what the issuing regulator actually requires.

0 of 1 checked
Licences on record
1
Confirmed on register
0
Tier 1 or 2
0
Offshore
1

WIKILIX

Licence intelligence

The only licence on file

Licence Verification Record

Financial Sector Conduct Authority 49769

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
South AfricaOffshore
Authority strength
Tier 2
Licence type
Financial Service Corporate
Not yet checked on the register

Client protection under this licence

  • Compensation schemeUp to ZAR 500,000
  • Complaints routeFSCA Dispute Resolution
  • Maximum leverage1:30

These are the rules FSCA sets for the firms it licenses. They are not a statement about how FBK MARKETS applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

4 account types on record. Minimum deposit from ZAR 20. Leverage up to 1:1000.

4 account types
AccountMin DepositMax LeverageCommission
StandardZAR 1001:1000No commission
Zero SpreadECNZAR 1001:1000$9 per standard lot
ECNZAR 1001:1000$4 per standard lot
MicroCentZAR 201:1000No commission
Account names and conditions as published by FBK MARKETS, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 4.

1 platform
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • www.fbkmarkets.comMain siteActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Frequently Asked Questions

Frequently Asked Questions

Common questions about FBK MARKETS

Most Popular Questions
FBK MARKETS is regulated in South Africa and prohibits clients from North Korea and other UN-sanctioned countries. The broker primarily serves South Africa and many emerging markets globally.
FBK MARKETS provides customer support via live chat during business hours, email at support@fbkmarkets.com, and multiple phone numbers. Support is available in English and includes social media contacts such as Twitter and Instagram.
FBK MARKETS offers a maximum leverage of up to 1000. This is significantly higher than the leverage limit set by its regulator FSCA, which is 30, indicating possible discrepancies.
The minimum deposit amount required by FBK MARKETS is 20 ZAR. No additional details about deposit methods or withdrawal processes are specified.
FBK MARKETS supports the MetaTrader 4 trading platform, which is available for desktop users. MetaTrader 4 is known for advanced charting, automated trading via Expert Advisors, and reliable execution.
FBK MARKETS is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa. The broker holds a Financial Service Corporate license and offers client fund insurance up to ZAR 500,000. However, it is marked as a suspicious clone by WIKILIX, which suggests caution.
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