FBS Review 2026: Regulation, Safety, Policy & Trading

Is FBS a scam?

Wikilix independent safety report

46%Scam risk

High risk (unverified)Confidence: MEDIUM

3.0/5

FBS is a real, licensed broker, not a fake one, but we rate it high risk: its global arm has only a Belize licence and five regulators flag it as unauthorised. The licences are genuine. Belize's Fina…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation7/10 · HighIdentity & transparency3/10 · LowWithdrawals & conduct4/10 · ModerateReputation5/10 · ModerateWebsite claims6/10 · HighOperational history2/10 · Low

What FBS legally published, but does not want you to read

Wikilix contract reading · Oct 20, 2026

High contract risk

FBS is two companies with two contracts. On fbs.com, FBS Markets Inc of Belize can void profits on its own reading of your trades. It reserves 5% of every deposit and withdrawal and gives you two business days to complain. On fbs.eu, CySEC-licensed Tradestone Ltd can keep a whole balance on suspicion and can charge dormant accounts €30 a quarter.

9Critical clauses

31Clauses flagged

30Documents read

8.0/10Contract risk

Read the full terms report27 more clauses, each with its wording, clause number and source

Editorial review

Updated Oct 28, 2026

Broker Summary

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

FBS Broker Overview

FBS is a forex and CFD broker brand. Its international website, fbs.com, is operated by FBS Markets Inc. of Belize City, Belize, which holds an offshore licence from the Financial Services Commission (FSC) of Belize, number 4077102. Clients trade more than 550 instruments, including over 70 currency pairs, on the FBS app, MetaTrader 5 and MetaTrader 4, and the Standard Account opens from 5 USD with leverage of up to 1:3000, which falls as account equity grows.

The brand also has a European website, fbs.eu, run by a separate company, Tradestone Limited of Cyprus, which holds the brand's CySEC licence. Unless stated otherwise, this review describes fbs.com and FBS Markets Inc.

FBS Regulation and License

FBS Markets Inc. holds licence number 4077102 from the Financial Services Commission of Belize, a registration under Belize's Securities Industry Act 2021 for trading in securities as agent and as principal. The FSC's LicenSys register showed the licence as active on 20 October 2026. It lists www.fbs.com and support@fbs.com for the firm. This is offshore supervision, and no investor compensation scheme covers FBS Markets Inc.'s clients.

The brand's second licence belongs to Tradestone Limited, which the Cyprus Securities and Exchange Commission (CySEC) lists as Tradestone Ltd: Cyprus Investment Firm licence 331/17, effective 7 August 2017, covering services that include execution of orders on behalf of clients, dealing on own account and portfolio management. CySEC's register showed it as active on 20 October 2026. CySEC approves www.fbs.eu as the firm's website and fbs.com is not among its approved domains, so this licence does not cover accounts opened on fbs.com. Eligible retail clients of Tradestone Limited are covered by Cyprus's Investor Compensation Fund, up to 20,000 EUR in total per client for eligible claims, which never covers investment losses.

Is FBS Regulated?

Yes, offshore. FBS Markets Inc., which runs fbs.com and holds the accounts opened there, is licensed by the Financial Services Commission of Belize, while the brand's onshore licence, from CySEC, belongs to a different company, Tradestone Limited, and applies to fbs.eu rather than fbs.com.

FBS Markets Inc.

FBS Markets Inc. runs fbs.com and is the company clients contract with under the fbs.com Terms and Conditions, which are governed by the law of Belize. The company, registration number 000001317, is listed on the FSC of Belize's LicenSys register. The fbs.com footer gives its office as The Bentley, #16 Cor A Street & Princess Margaret Drive, Belize City, Belize. Its payment transactions are managed by HDC Technologies Ltd., registration number HE 370778, of Limassol, Cyprus.

FBS Markets Inc. does not accept residents of the EU, the UK or the United States, and visitors from Europe who open fbs.com are sent to fbs.eu, which Tradestone Limited, registration number HE 353534, operates under its own client agreement. The Malay-language site ms-brokerfbs.com, which fbs.com links as its Malay version, names another company, Mitsui Markets Ltd. of Port Vila, Vanuatu, as its owner and operator.

Is FBS Safe?

FBS Markets Inc. is a licensed company, but its licence is offshore and its own terms give it wide discretion over client accounts. The Terms and Conditions, last revised in August 2026, let it withhold, reverse or adjust profits that it considers the result of 'Asymmetric Risk Exposure', a prohibited trading practice or the exploitation of technical or pricing irregularities, and the Trading Conditions let it limit the profit on an order to 300 pips when a price gap exceeds 300 pips. FBS advertises negative balance protection and client money held in segregated accounts at tier-1 banks, but its Trading Conditions reserve the right to claim a negative balance back when the company considers a client's actions intentional. Clients submit to the exclusive jurisdiction of the courts of Belize, while FBS keeps the right to bring proceedings in other jurisdictions.

FBS Account Types

fbs.com offers one live account, the Standard Account: an initial deposit from 5 USD, leverage of up to 1:3000, floating spreads from 0.7 pips, no commission to open or close positions, a margin call at 40% and a stop-out at 20%. FBS's Trading Conditions also describe a Cent Account, which can only be opened through a partner's referral link and is not listed on the website: it opens from 1 USD, offers leverage of up to 1:1000 and a commission stated as from 0%, and in MetaTrader its balance appears in cents, so a 10 USD deposit shows as 1000. Any real account can be switched to swap-free, demo accounts carry the same trading conditions as real ones, and accounts are held in USD or EUR. An account with no activity for more than 90 days can be archived; the client can restore it in the Trader Area unless FBS no longer supports its account type.

FBS Spreads, Commissions and Fees

The Standard Account charges no commission to open or close positions. Its account page quotes floating spreads from 0.7 pips, while the same page's FAQ quotes spreads from 0.5 points on EURUSD, GBPUSD, USDJPY and AUDUSD. Swap-free accounts pay a fixed weekly commission on exotic pairs from the second Sunday a position stays open.

On funding, fbs.com says commission is 'Not charged by FBS', but the Terms and Conditions reserve the right to charge 5% of the total amount of a client's deposits and/or withdrawals to cover the company's transaction costs. The Terms also say deposit and withdrawal commissions are shown in the Trader Area and that payment or transfer charges may be debited from the client's account, the help centre shows a card refund as '$30 + withdrawal fee', and FBS may charge 100 USD in investigation costs for each chargeback.

FBS Leverage

Leverage on the Standard Account falls as equity rises: 1:3000 up to 199 USD or EUR, 1:2000 from 200, 1:1000 from 5,000, 1:500 from 30,000 and 1:400 from 150,000. Whatever the account setting, metals and crypto CFDs are capped at 1:500, indices and energies at 1:200 (1:500 on US30, US100 and US500) and stock CFDs at up to 1:100. The Cent Account goes up to 1:1000, and the maximum can be lower where the law of a client's country requires.

FBS Trading Platforms

FBS offers its own FBS app for Android and iOS, which handles trading on demo and real accounts as well as deposits, withdrawals and verification, with charts from TradingView. MetaTrader 5, on the FBS-Real and FBS-Demo servers, runs on Windows, macOS, Android, iOS and in the browser through a WebTrader on fbs.com, and carries the full range including stocks. MetaTrader 4 runs on the same devices plus the MT4 MultiTerminal, and its FBS page describes it for forex, metals, indices and energies.

FBS Deposits and Withdrawals

FBS names Visa and Mastercard cards, the Skrill, Neteller and Perfect Money e-wallets, bank transfer and, in some countries, local banks; each client's options and limits are shown in the Trader Area. Skrill deposits start from 12 USD and Neteller from 10 USD, and deposits are capped at 2,000 USD until verification documents are provided. Under the Terms, a deposit below a method's minimum is non-refundable, and a withdrawal below the payment provider's minimum cannot be processed. Withdrawals go back to the method and account used to deposit: card deposits are refunded first, and profit is then withdrawn by another method, to local banks where they are offered.

FBS's Financial Department reviews a withdrawal request within 24 hours, and the Terms commit to processing it, where feasible, within 3 business days. For delivery, one help-centre article gives e-wallets immediately or within about 30 minutes, cards 3 to 4 business days and bank transfers 7 to 10 business days, while another gives 2 to 7 business days for both cards and bank accounts. A card refund can sometimes take more than a month on the card network's side.

FBS Support

FBS offers live chat and a callback request on fbs.com, e-mail at support@fbs.com, the phone numbers +357 22 010970 and +501 611 0594, Facebook Messenger and a Telegram bot. Its app page advertises 24/7 support inside the FBS app, with a reply in under a minute. The help centre at fbs.helpcenter.io is available in English, Arabic, Indonesian, Spanish, Thai, Turkish and Malay, each with its own request form.

Under the Complaint Handling Policy, complaints go to support@fbs.com or in writing to the Belize office. Account statement discrepancies must be raised within 48 hours and other complaints within two business days; a complaint raised later may be treated as acceptance of FBS's earlier actions, although the policy says late complaints will still be reviewed. The policy aims for a final decision within 14 days, while a help-centre article says a claim is considered within 10 business days.

FBS Pros and Cons

Pro: a low entry point, with the Standard Account from 5 USD and no commission on trades.
Pro: a choice of the FBS app, MetaTrader 5 and MetaTrader 4, on desktop, mobile and the web.
Pro: more than 550 instruments, including stocks and crypto CFDs.
Con: fbs.com clients contract with FBS Markets Inc., whose licence is offshore and comes with no investor compensation scheme, not with the brand's CySEC-licensed company.
Con: the Terms let FBS withhold or reverse profits it attributes to prohibited trading, and the Trading Conditions cap the profit on a large price gap at 300 pips.
Con: the website says FBS charges no funding commission, while the Terms reserve a 5% charge on deposits and withdrawals, and the broker's pages give different withdrawal times.
Con: leverage of up to 1:3000 multiplies losses as quickly as gains.
Con: residents of the EU, the UK and the United States cannot open an account with FBS Markets Inc.

FBS Review and Assessment

Through fbs.com, FBS offers a 5 USD entry point, leverage of up to 1:3000 and a choice of MetaTrader or its own app, but the company behind the site, FBS Markets Inc., is licensed offshore in Belize, while the brand's CySEC licence applies to fbs.eu. Before funding an account, a client should confirm which FBS company the account is with and read the Terms and Conditions on profit withholding and the 5% funding charge.

Website archive

Captured Oct 20, 2026

Website snapshots

8 full-page captures of FBS's own site, archived so what they said can still be read after the pages change.

8 pages

Homepage

About FBS (FSC Belize licence)

Legal Documents

Trading Conditions

Deposits & Withdrawals

Regulation & Licence (EU entity)

Legal Documents (EU entity)

Regulation check

Checked Oct 20, 2026

Regulatory Licenses

FBS holds a tier-1 or tier-2 licence that we confirmed on the regulator's own register. Each licence below opens its record of what that register says.

2 of 2 checked

Licences on record: 2
Confirmed on register: 2
Tier 1 or 2: 1
Offshore: 1

WIKILIX

Licence intelligence

The strongest of 2 licences on file

Licence Verification Record

Cyprus Securities and Exchange Commission 331/17

Wikilix read the CySEC register on Oct 20, 2026. This is what it said.

Name on the register: Tradestone Ltd
Jurisdiction: Cyprus
Authority strength: Tier 2
Licence type: Financial Service
Register status: Active
Effective: Aug 7, 2017
Shown on the FBS website: Shown

Checked Oct 20, 2026

Permissions

Reception and transmission of orders in relation to one or more financial instruments
Execution of orders on behalf of clients
Dealing on own account
Portfolio management
Provision of investment advice
Safekeeping and administration of financial instruments, including custodianship and related services
Granting credits or loans to one or more financial instruments, where the firm granting the credit or loan is involved in the transaction
Investment research and financial analysis or other forms

What our check found

Cyprus Investment Firm licence held by Tradestone Ltd, FBS's EU entity, with dealing, execution and portfolio permissions passported across the EEA. The only approved domain is www.fbs.eu. Client protection: Moderate: EU conduct rules, segregated client money and the Cyprus Investor Compensation Fund, for fbs.eu clients only. Effective: 7 Aug 2017.

Client protection under this licence

Compensation schemeUp to €20000 (ICF)
Client money kept separate
Negative balance protection
Complaints routeCyprus Financial Ombudsman
Maximum leverage1:30

These are the rules CySEC sets for the firms it licenses. They are not a statement about how FBS 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.

Open the CySEC licence record Check it on the register About CySEC

Tier 3 and 4 authorities

1 licence

FSCBelizeTier 3FSC licence 4077102OffshoreLimitedChecked Oct 20, 2026

Trading accounts

Updated Oct 20, 2026

Account Types

2 account types on record. Minimum deposit from USD 1. Leverage up to 1:3000.

2 account types

Account	Min Deposit	Max Leverage	Commission
Standard AccountStandard	USD 5	1:3000	No commission to open or close positions
Cent AccountCent	USD 1	1:1000	From 0%

Client acceptance

Country availability

Where FBS says it will and won't take clients

249 countries

Confirmed blocked

Named in the broker's own terms

AFAfghanistanAIAnguillaALAlbaniaATAustriaAWArubaAXÅland IslandsBEBelgiumBFBurkina FasoBGBulgariaBLSaint BarthélemyBMBermudaBQBonaire, Sint Eustatius and Saba

Show 95 more

BVBouvet IslandBYBelarusBZBelizeCDCongo (Democratic Republic)CNChinaCUCubaCWCuraçaoCYCyprusCZCzechiaDEGermanyDKDenmarkEEEstoniaEGEgyptEHWestern SaharaEREritreaESSpainFIFinlandFKFalkland IslandsFOFaroe IslandsFRFranceGBUnited KingdomGFFrench GuianaGGGuernseyGIGibraltarGLGreenlandGPGuadeloupeGRGreeceGSSouth Georgia and the South Sandwich IslandsHNHondurasHRCroatiaHTHaitiHUHungaryIEIrelandIMIsle of ManINIndiaIOBritish Indian Ocean TerritoryIQIraqIRIranISIcelandITItalyJEJerseyJOJordanKGKyrgyzstanKPNorth KoreaKYCayman IslandsKZKazakhstanLBLebanonLILiechtensteinLTLithuaniaLULuxembourgLVLatviaLYLibyaMFSaint Martin (French part)MGMadagascarMLMaliMMMyanmarMQMartiniqueMSMontserratMTMaltaNCNew CaledoniaNENigerNLNetherlandsNONorwayPFFrench PolynesiaPKPakistanPLPolandPMSaint Pierre and MiquelonPNPitcairnPSPalestinePTPortugalRERéunionRORomaniaRSSerbiaRURussiaSDSudanSESwedenSHSaint HelenaSISloveniaSJSvalbard and Jan MayenSKSlovakiaSOSomaliaSSSouth SudanSXSint Maarten (Dutch part)SYSyriaTCTurks and Caicos IslandsTFFrench Southern TerritoriesTRTürkiyeUAUkraineUMUnited States Minor Outlying IslandsUSUnited StatesVEVenezuelaVGVirgin Islands (British)WFWallis and FutunaYEYemenYTMayotte

Explicitly accepted

Named as accepted — not a full list of served markets

ADAndorraAEUnited Arab EmiratesAGAntigua and BarbudaAMArmeniaAOAngolaAQAntarcticaARArgentinaASAmerican SamoaAUAustraliaAZAzerbaijanBABosnia and HerzegovinaBBBarbados

Show 130 more

BDBangladeshBHBahrainBIBurundiBJBeninBNBrunei DarussalamBOBoliviaBRBrazilBSBahamasBTBhutanBWBotswanaCACanadaCCCocos (Keeling) IslandsCFCentral African RepublicCGCongoCHSwitzerlandCICôte d’IvoireCKCook IslandsCLChileCMCameroonCOColombiaCRCosta RicaCVCabo VerdeCXChristmas IslandDJDjiboutiDMDominicaDODominican RepublicDZAlgeriaECEcuadorETEthiopiaFJFijiFMMicronesiaGAGabonGDGrenadaGEGeorgiaGHGhanaGMGambiaGNGuineaGQEquatorial GuineaGTGuatemalaGUGuamGWGuinea-BissauGYGuyanaHKHong KongHMHeard Island and McDonald IslandsIDIndonesiaILIsraelJMJamaicaJPJapanKEKenyaKHCambodiaKIKiribatiKMComorosKNSaint Kitts and NevisKRSouth KoreaKWKuwaitLALaosLCSaint LuciaLKSri LankaLRLiberiaLSLesothoMAMoroccoMCMonacoMDMoldovaMEMontenegroMHMarshall IslandsMKNorth MacedoniaMNMongoliaMOMacaoMPNorthern Mariana IslandsMRMauritaniaMUMauritiusMVMaldivesMWMalawiMXMexicoMYMalaysiaMZMozambiqueNANamibiaNFNorfolk IslandNGNigeriaNINicaraguaNPNepalNRNauruNUNiueNZNew ZealandOMOmanPAPanamaPEPeruPGPapua New GuineaPHPhilippinesPRPuerto RicoPWPalauPYParaguayQAQatarRWRwandaSASaudi ArabiaSBSolomon IslandsSCSeychellesSGSingaporeSLSierra LeoneSMSan MarinoSNSenegalSRSurinameSTSao Tome and PrincipeSVEl SalvadorSZEswatiniTDChadTGTogoTHThailandTJTajikistanTKTokelauTLTimor-LesteTMTurkmenistanTNTunisiaTOTongaTTTrinidad and TobagoTVTuvaluTWTaiwanTZTanzaniaUGUgandaUYUruguayUZUzbekistanVAHoly SeeVCSaint Vincent and the GrenadinesVIVirgin Islands (U.S.)VNViet NamVUVanuatuWSSamoaZASouth AfricaZMZambiaZWZimbabwe

How we know — 16 sources

1Onboarding is decided by the registration form. The fbs.com sign-up page (https://fbs.com/cabinet/registration/trader) opens with a closed 'Country of residence' selector, which offered 142 countries on 2026-10-20; those 142 form the accepted list.
2The full list behind that selector holds 251 entries, 109 of them disabled and not selectable. The 107 of these that are recognised countries or territories are refused. Every entry is tied to the 'FSC' licence, the Belize licence the fbs.com footer names for FBS Markets Inc.
3Terms and Conditions (https://cdn.fbs.com/docs/FBS_agreement_en.pdf, Last Revised August 2026), clause 1.14: 'We do not provide services to persons who are citizens or residents of the following jurisdictions': Afghanistan; Albania; Belarus; China; Congo, D.R.; Cuba; Egypt; Eritrea; European Economic Area; Haiti; Honduras; Iceland; India; Iran; Iraq; Jordan; Kazakhstan; Kosovo; Kyrgyzstan; Libya; Liechtenstein; Lebanon; Madagascar; Mali; Myanmar; Niger; North Korea; Pakistan; Palestine; Russian Federation; Serbia; Somalia; South Korea; South Sudan; Sudan; Syrian Arab Republic; Turkey; Ukraine; United Kingdom; United States of America; Venezuela; Western Sahara; Yemen. Every one of these except South Korea is also disabled in the registration form. Clause 11.1.10 repeats the warranty that the client is 'not a resident of the United States of America, or the European Economic Area or any other jurisdictions specified in clause 1.14'.
4The EEA item's footnote in clause 1.14 names its members (Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden), so the 30 states are confirmed refusals, not inferred from a region.
5The same footnote extends the EEA block to 'overseas territories, dependent territories, colonies, autonomous regions, crown dependencies' of those states, and the United Kingdom item's footnote extends it to 'overseas territories, crown dependencies, and any other territories under the sovereignty, control, administration or international responsibility of the United Kingdom'. The registration form disables each such territory by name, so they are refused in their own right, and no territory takes its status from a parent. They are Aruba, the Aland Islands, Saint Barthelemy, the Caribbean Netherlands, Bouvet Island, Curacao, the Faroe Islands, French Guiana, Greenland, Guadeloupe, Saint Martin, Martinique, New Caledonia, French Polynesia, Saint Pierre and Miquelon, Reunion, Svalbard and Jan Mayen, Sint Maarten, the French Southern Territories, Wallis and Futuna and Mayotte. For the United Kingdom they are Anguilla, Bermuda, the Falkland Islands, Guernsey, Gibraltar, South Georgia and the South Sandwich Islands, the Isle of Man, the British Indian Ocean Territory, Jersey, the Cayman Islands, Montserrat, Pitcairn, Saint Helena, the Turks and Caicos Islands and the British Virgin Islands.
6Site footer on fbs.com pages (e.g. https://fbs.com/legal-documents): 'FBS Markets Inc. does not offer financial services to residents of certain jurisdictions, including, but not limited to: the USA, the EU, the UK, Israel, India, the Islamic Republic of Iran, Myanmar.'
7The form and the published texts disagree on two countries, and the form decides. Terms clause 1.14.33 excludes South Korea, and the fbs.com footer (https://fbs.com/legal-documents) excludes Israel, yet the registration selector offers both (https://fbs.com/api-gw/v7/countries?includeDisabled=0). Both count as accepted.
8The United States of America is excluded by Terms clause 1.14.40 and the footer, and the form disables the US Minor Outlying Islands. But the form offers American Samoa, Guam, the Northern Mariana Islands, Puerto Rico and the US Virgin Islands, so those five count as accepted, not as refused dependent territories. Likewise China is excluded (clause 1.14.4), while the form offers Hong Kong, Macao and Taiwan.
9Burkina Faso (BF) and Belize (BZ) are disabled in the registration form although no published document names them; these two blocks rest on the form alone.
10AML Policy (https://cdn.fbs.com/docs/aml_policy_en.pdf, Last Revised January 2026), paragraph (13) and Schedule 1 'Restricted Jurisdictions': the Democratic People's Republic of Korea, the Islamic Republic of Iran, the Republic of the Union of Myanmar, and 'Unrecognized states and territories'. Terms clause 2.7.6 refuses anyone connected with 'the Territory', defined as 'the territories specified in Schedule 1 of the AML Policy'. Paragraphs (5) and (13) also exclude 'any country or territory that is subject to country-wide or territory-wide sanctions'. The broker lists the members of neither category, and unrecognised states are not countries in these lists, so neither adds a country beyond those already listed.
11The AML Policy's paragraph (9)(v) lists residents of territories under FATF increased monitoring as high-risk clients subject to enhanced due diligence, not as refused clients, so it adds no refused country.
12Iran (IR) rests on the broker's own pages: Terms clause 1.14.14 ('Iran'), the fbs.com footer ('the Islamic Republic of Iran'), AML Policy Schedule 1 and the registration form, which disables it. fbs.com publishes no Persian-language version (no /fa or /fa-ir pages, no Persian translation of the registration page).
13Kosovo is excluded by Terms clause 1.14.18 ('Kosovo') and disabled in the registration form. It has no official standard country code, so it is named here and is in neither list. The form also carries a disabled 'Netherlands Antilles' entry, a territory that no longer exists. Its successors Curacao, Sint Maarten and Bonaire, Sint Eustatius and Saba are each listed separately.
14Scope: these lists describe onboarding at fbs.com with FBS Markets Inc. A visitor located in Germany who opens fbs.com is sent to fbs.eu, whose footer states that the site is operated by Tradestone Limited (CySEC licence 331/17) and that the FBS brand 'is represented in the European Union by Tradestone Limited'; these lists do not cover that site's EU onboarding.
15The Partner Agreement (https://cdn.fbs.com/docs/Partner_Agreement_en.pdf, Last Revised December 2025) defines 'Territory' as 'the country or territories prescribed herein and/or those being accepted by the Company from time to time in its sole discretion where the Company does not provide services' but sets out no list of its own, so it adds no country.
16fbs.com publishes no dedicated restricted-countries page, its Help Center (https://fbs.helpcenter.io) has no article listing restricted countries, and its deposits page (https://fbs.com/deposits-and-withdrawals) repeats the footer wording only. fbs.com links language versions in Arabic, Indonesian, Malay, Spanish and Thai, but these put no country on either list.

Deposits & withdrawals

Funding Methods

6 ways to fund an account.

6 methods

Method	Deposit fee	Withdrawal fee	Min deposit	Withdrawal min / max	Processing
Visa/MastercardCredit Card Named as 'Visa/Mastercard' in the help centre ('I have not received my card withdrawal yet', 'Why was my withdrawal amount reduced?'); the fbs.com/open-forex-account FAQ 'What are the deposit and withdrawal methods available at FBS?' lists credit/debit cards, and the Trader Area option is 'Bank cards' ('How to deposit via bank card'). Deposit: card deposits are processed automatically by the payment system, according to the help centre. Withdrawal: card deposits must be refunded to the card first, proportionally and only up to the amount deposited; the help centre writes each refund as '$30 + withdrawal fee' but publishes no rate. Card withdrawal time: the help centre says 'usually processed within 3-4 days' and 'on average 3-4 business days', while another article says bank accounts or cards take 2-7 business days to be credited. The 7 business days shown is the longest of these. The same article warns a card refund can sometimes take more than a month on the card network's side. For a card withdrawal the client uploads both sides of the card (fbs.com/deposits-and-withdrawals FAQ 'How do I withdraw funds?'). FBS may set card withdrawal limits shown in the Trader Area (Terms and Conditions 4.19.1). Chargebacks: FBS may charge 100 USD investigative expenses per chargeback (Terms 4.22). Fees: fbs.com/trading/conditions says 'Commission: Not charged by FBS' and fbs.com/deposits-and-withdrawals says 'Commissions from 0', but the Terms and Conditions (Last Revised August 2026) say deposit and withdrawal commissions are shown in the Trader Area (4.1) and that all payment and/or transfer charges may be borne by the client and debited from the trading account (4.13); no rate is published, so no fee can be stated. Withdrawals go only to the client's own account, card or e-wallet used for the deposit (Terms 4.3, 4.10.2, 4.11). Withdrawal requests are reviewed within 24 hours ('How can I withdraw') and the Terms commit to processing them without undue delay and, where feasible, within 3 Business Days (4.10). Minimum and maximum amounts are shown in the Trader Area payment form (Terms 4.1, 4.20); deposits below the minimum are non-refundable (4.20). Deposits are capped at 2,000 USD until KYC documents are provided (Terms 3.5). No third-party or anonymous payments (Terms 4.1; AML Policy 16).	Not recorded	Not recorded	Not recorded	Not recordedNot recorded	Up to 7 days
SkrillE-Wallet Minimum deposit 12 USD ('What is the minimum deposit amount to trade with FBS?', which adds that the exact minimum is on the deposit page in the Trader Area). Named on fbs.com/open-forex-account (FAQ 'What are the deposit and withdrawal methods available at FBS?': 'popular e-wallets such as Skrill and Neteller'). Deposit: electronic payment system deposits are processed automatically, according to the help centre. Withdrawal: the 3 days shown is the Terms and Conditions 4.10 commitment to process a withdrawal request without undue delay and, where feasible, within 3 Business Days. It is the time FBS takes to process the request, not the time the money takes to arrive. Requests are reviewed within 24 hours and digital wallets are credited the same day. Withdrawals to electronic payment systems such as Skrill 'should be credited immediately, but sometimes may take up to 30 minutes', according to the help centre. Quick Access: once every e-wallet used to deposit is verified, deposited funds and profit can be withdrawn to any of them in any amount, except that card deposits must first be refunded to the card. Fees: fbs.com/trading/conditions says 'Commission: Not charged by FBS' and fbs.com/deposits-and-withdrawals says 'Commissions from 0', but the Terms and Conditions (Last Revised August 2026) say deposit and withdrawal commissions are shown in the Trader Area (4.1) and that all payment and/or transfer charges may be borne by the client (4.13); no rate is published, so no fee can be stated. Withdrawals go only to the e-wallet used for the deposit, up to the amount deposited, then profit (Terms 4.3; 'How can I withdraw'). Minimum and maximum amounts are shown in the Trader Area payment form (Terms 4.1, 4.20); deposits below the minimum are non-refundable (4.20). Deposits are capped at 2,000 USD until KYC documents are provided (Terms 3.5). No third-party payments (Terms 4.1).	Not recorded	Not recorded	USD 12	Not recordedNot recorded	Up to 3 days
NetellerE-Wallet Minimum deposit 10 USD ('What is the minimum deposit amount to trade with FBS?', which adds that the exact minimum is on the deposit page in the Trader Area). Named on fbs.com/open-forex-account (FAQ 'What are the deposit and withdrawal methods available at FBS?': 'popular e-wallets such as Skrill and Neteller'). Deposit: electronic payment system deposits are processed automatically, according to the help centre. Withdrawal: the 3 days shown is the Terms and Conditions 4.10 commitment to process a withdrawal request without undue delay and, where feasible, within 3 Business Days. It is the time FBS takes to process the request, not the time the money takes to arrive. Requests are reviewed within 24 hours and digital wallets are credited the same day; withdrawals to electronic payment systems are credited immediately, sometimes up to 30 minutes, according to the help centre. Quick Access: once every e-wallet used to deposit is verified, deposited funds and profit can be withdrawn to any of them in any amount, except that card deposits must first be refunded to the card. Fees: fbs.com/trading/conditions says 'Commission: Not charged by FBS' and fbs.com/deposits-and-withdrawals says 'Commissions from 0', but the Terms and Conditions (Last Revised August 2026) say deposit and withdrawal commissions are shown in the Trader Area (4.1) and that all payment and/or transfer charges may be borne by the client (4.13); no rate is published, so no fee can be stated. Withdrawals go only to the e-wallet used for the deposit, up to the amount deposited, then profit (Terms 4.3; 'How can I withdraw'). Minimum and maximum amounts are shown in the Trader Area payment form (Terms 4.1, 4.20); deposits below the minimum are non-refundable (4.20). Deposits are capped at 2,000 USD until KYC documents are provided (Terms 3.5). No third-party payments (Terms 4.1).	Not recorded	Not recorded	USD 10	Not recordedNot recorded	Up to 3 days
Perfect MoneyE-Wallet Named in 'How long does it take to withdraw my funds?': 'Electronic payment systems withdrawals (like Skrill, Perfect Money, etc.) should be credited immediately, but sometimes may take up to 30 minutes.' No minimum deposit is published for it; the exact limits are on the deposit page in the Trader Area. Withdrawals go only to methods used to deposit (Terms and Conditions 4.3). Withdrawal: the 3 days shown is the Terms 4.10 commitment to process a withdrawal request without undue delay and, where feasible, within 3 Business Days. It is the time FBS takes to process the request, not the time the money takes to arrive. Requests are reviewed within 24 hours and digital wallets are credited the same day ('How can I withdraw'). Quick Access verification applies to e-wallets. Fees: fbs.com/trading/conditions says 'Commission: Not charged by FBS' and fbs.com/deposits-and-withdrawals says 'Commissions from 0', but the Terms and Conditions (Last Revised August 2026) say deposit and withdrawal commissions are shown in the Trader Area (4.1) and that all payment and/or transfer charges may be borne by the client (4.13); no rate is published, so no fee can be stated. Minimum and maximum amounts are shown in the Trader Area payment form (Terms 4.1, 4.20); deposits below the minimum are non-refundable (4.20). Deposits are capped at 2,000 USD until KYC documents are provided (Terms 3.5). No third-party payments (Terms 4.1).	Not recorded	Not recorded	Not recorded	Not recordedNot recorded	Up to 3 days
Bank TransferBank Transfer Withdrawal: the help centre says 'As for bank transfer, withdrawals are usually processed within 7-10 business days', while another article says crediting to bank accounts takes 2-7 business days. The 10 business days shown is the longest of these. Deposit: 'from a couple of hours to 10 business days (depending on your bank)'; payments that are not automatic are handled in Financial Department hours, and the department works 24/7. Named on fbs.com/open-forex-account (FAQ 'What are the deposit and withdrawal methods available at FBS?': 'including bank transfers'). The site does not say whether this is a domestic or an international (SWIFT) transfer. Terms and Conditions 4.8: the client pays the charges of any investigation into a transfer that did not arrive. Fees: fbs.com/trading/conditions says 'Commission: Not charged by FBS' and fbs.com/deposits-and-withdrawals says 'Commissions from 0', but the Terms and Conditions (Last Revised August 2026) say deposit and withdrawal commissions are shown in the Trader Area (4.1) and that all payment and/or transfer charges may be borne by the client and debited from the trading account (4.13); no rate is published, so no fee can be stated. Withdrawals go only to the client's own account used for the deposit (Terms 4.3, 4.10.2, 4.11). Withdrawal requests are reviewed within 24 hours ('How can I withdraw') and the Terms commit to processing them, where feasible, within 3 Business Days (4.10). Minimum and maximum amounts are shown in the Trader Area payment form (Terms 4.1, 4.20). Deposits are capped at 2,000 USD until KYC documents are provided (Terms 3.5). No third-party payments (Terms 4.1).	Not recorded	Not recorded	Not recorded	Not recordedNot recorded	Up to 10 days
Local banksBank Transfer Named as the 'Local banks' option in 'How to deposit via local bank': some payment options are only available in certain countries and the full list is on the deposit page in the Trader Area; minimum and maximum limits are set by the payment system and shown on the deposit page. The site names no individual bank. Withdrawal: where local banks are available in the Trader Area, the rest of the balance (profits, bonus funds, awards, partner commission) is withdrawn to local banks; if they are not available, profits can be withdrawn via any e-wallet. Crediting to bank accounts takes 2-7 business days, so the time shown is 7 days. Fees: fbs.com/trading/conditions says 'Commission: Not charged by FBS' and fbs.com/deposits-and-withdrawals says 'Commissions from 0', but the Terms and Conditions (Last Revised August 2026) say deposit and withdrawal commissions are shown in the Trader Area (4.1) and that all payment and/or transfer charges may be borne by the client (4.13); no rate is published, so no fee can be stated. Deposits must come from the client's own account (Terms 4.1; help centre). Withdrawal requests are reviewed within 24 hours ('How can I withdraw') and the Terms commit to processing them, where feasible, within 3 Business Days (4.10). Deposits are capped at 2,000 USD until KYC documents are provided (Terms 3.5).	Not recorded	Not recorded	Not recorded	Not recordedNot recorded	Up to 7 days

Trading software

Trading Platforms

3 trading platforms on record: Proprietary platform, MetaTrader 5 and MetaTrader 4.

3 platforms

Proprietary platform
Proprietary platform
FBS app (named "FBS - Trading Broker" in the FBS Terms): the broker's own Android and iOS app to trade 550+ instruments on demo and real accounts, deposit and withdraw, with charts from TradingView.
Runs on
- Android
- iOS
Features on record
- TradingView charts
Download
Details
MetaTrader 5
by MetaQuotes Software Corpsince 2010Developer site
MT5 (servers FBS-Real and FBS-Demo) for Windows, macOS, Android, iOS and WebTrader, plus a demo WebTrader: 550+ instruments including stocks, 21 timeframes, 38 indicators, 8 pending order types, hedging.
Runs on
- Windows
- Mac
- Web Trader
- Android
- iOS
Features on record
- Expert Advisors
- Hedging
- Economic calendar
Download
Details
MetaTrader 4
by MetaQuotes Software Corp.since 2005Developer site
MT4 for Windows, macOS, Android, iOS and WebTrader, plus MT4 MultiTerminal to run several accounts; its FAQ names Forex, metals, indices and energies; 9 timeframes, 31 indicators, Expert Advisors.
Runs on
- Windows
- Mac
- Web Trader
- Android
- iOS
Features on record
- Expert Advisors
- One-click trading
- MT4 MultiTerminal
Download
Details

Websites

Global Domains

10 domains on record. All active and served over HTTPS.

10 domains

fbs.comMain siteActiveHTTPS
fbs.euRegionalActiveHTTPS
fbs.helpcenter.ioHelp centreActiveHTTPS
indofbs-invest.comRegionalActiveHTTPS
ms-brokerfbs.comRegionalActiveHTTPS
fbs.co.thRegionalActiveHTTPS

Show 4 more

fbs-ar.comRegionalActiveHTTPS
esfbs.comRegionalActiveHTTPS
fbsaustralia.comRegionalActiveHTTPS
mitsuimarkets.comBackupActiveHTTPS

Legal entities

Corporate Network

4 legal entities behind the FBS brand.

4 entities

FBS Markets Inc.ActiveBelizeRegistration 000001317Operator of fbs.com and the company that contracts with its clients under the fbs.com Terms and Conditions, as stated on the broker's own website.
Intelligent Financial Markets Pty LtdActiveAustraliaRegistration 155185014Established Jun 4, 2017
Tradestone LimitedActiveCyprusRegistration HE353534Established Sep 26, 2021Operator of fbs.eu, the FBS brand's website for the European Union, and the contracting company under its Client Agreement; fbs.eu states that it also collects card payments.
HDC Technologies Ltd.ActiveCyprusRegistration HE 370778Named on fbs.com as the company that manages payment transactions for FBS Markets Inc.

Company registry check

Checked Oct 20, 2026

Company Registration

The operating company is FBS Markets Inc.. Registered in Belize. Registration number 000001317.

Confirmed on licence register

Legal entity: FBS Markets Inc.
Registration number: 000001317
Jurisdiction: Belize
Registry: Financial Services Commission of Belize (LicenSys licensee register)
Registered address: The Bentley, #16 Cor A Street & Princess Margaret Drive, Belize City, Belize

Peer comparison

Brokers worth comparing

4 other brokers on the record share what FBS offers — its country, regulator, account types or platforms — set beside it on the same measures.

4 peers

FBS
This recordBelize · since 2009· FBS Markets IncWikilix score 20.0RegulationRegulatedCySECMax leverage1:3000Platforms3Licences2
XTrade
Belize · since 2012· Xtrade International LtdWikilix score 20.0RegulationOffshoreFSCMax leverage1:400PlatformsNot recordedLicences4
JustForex
Seychelles · since 2012· Just Global Markets Ltd.Wikilix score 20.0RegulationRegulatedFSAMax leverage1:3000Platforms5Licences5
HXFX Global
United Kingdom · since 2018· HXFX GLOBAL Investments LimitedWikilix score 20.0RegulationOffshoreVFSCMax leverageNot recordedPlatforms1Licences1
Windsor Brokers
Seychelles · since 1988· Windsor Brokers International LtdWikilix score 20.0RegulationRegulatedCySECMax leverage1:2000Platforms3Licences5

Frequently Asked Questions

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FBS

Trading Conditions

Official website

Funding Methods

Visa/Mastercard

Skrill

Neteller

Perfect Money

Bank Transfer

Local banks

Trust rating

Regulation

What we checked

What this measures

Identity

What we checked

What this measures

Client terms

What we checked

What this measures

Trading offer

What we checked

What this measures

Service

What we checked

What this measures

Regulatory Licenses

Company Information

Customer Support

Is FBS a scam?

What FBS legally published, but does not want you to read

FBS Broker Overview

FBS Regulation and License

Is FBS Regulated?

FBS Markets Inc.

Is FBS Safe?

FBS Account Types

FBS Spreads, Commissions and Fees

FBS Leverage

FBS Trading Platforms

FBS Deposits and Withdrawals

FBS Support

FBS Pros and Cons

FBS Review and Assessment

Cyprus Securities and Exchange Commission 331/17

Permissions

What our check found

Client protection under this licence

Tier 3 and 4 authorities

Proprietary platform

Runs on

Features on record

MetaTrader 5

Runs on

Features on record

MetaTrader 4

Runs on

Features on record

FBS

XTrade

JustForex

HXFX Global

Windsor Brokers

Frequently Asked Questions

Does FBS offer negative balance protection?

Can FBS cancel or limit my profits?

Does FBS offer a demo account?

What can I trade with FBS?

How do I make a complaint to FBS?

How can I contact FBS customer support?

Does FBS offer swap-free (Islamic) accounts?

How long do withdrawals take at FBS?

Does FBS charge commissions or fees on deposits and withdrawals?

What account types does FBS offer?

Which company operates FBS?

Which countries are restricted from trading with FBS?

What leverage does FBS offer to traders?

What is the minimum deposit required to open an account with FBS?

What are the deposit and withdrawal options available at FBS?

What trading platforms does FBS offer to its clients?