FBS Review 2026
Popular retail broker in Asia with a low entry deposit.
FBS is a lightly regulated broker founded in 2009, operating under ASIC (Australia) and CySEC (Cyprus) and FSC (Belize). Its headline draw is popular retail broker in asia with a low entry deposit — backed by a 0.7 pip average EUR/USD spread, a real minimum deposit of €5 and 2 business days withdrawals. In our neutral, data-only ranking it scores 4.1/5 and places #16 of 148 brokers we track, with its strongest area being minimum deposit. This review breaks down its regulation, fees, platforms, account terms and withdrawals so you can decide whether it fits your needs.
Pros of FBS
- ✔Low real minimum deposit of €5 to get started
- ✔Negative balance protection and segregated client funds
- ✔Free unlimited demo account to practise first
Cons of FBS
- –Light regulation (ASIC (Australia), CySEC (Cyprus), FSC (Belize)) — only 2/5 on our safety scale, so you carry more counterparty risk
- –Wider 0.7 pip average EUR/USD spread than the sharpest brokers in our set
- –Narrow platform choice (MT4, MT5 only) — no proprietary or cTrader option
- –Very high 3000:1 leverage available, which magnifies losses as well as gains
FBS at a glance
| Minimum deposit (real) | €5 |
| Avg EUR/USD spread | 0.7 pips |
| Commission / lot | $6 |
| Max leverage | 1:3000 |
| Platforms | MT4, MT5 |
| Asset classes | Forex, Indices, Commodities, Stocks |
| Regulators | ASIC (Australia), CySEC (Cyprus), FSC (Belize) |
| Withdrawal time | 2 business days |
| Trustpilot | 3.8/5 (1,900 reviews) |
| Founded | 2009 |
| Demo account | Yes |
| Negative balance protection | Yes |
| Segregated funds | Yes |
Last verified: 2026-08-04. The €500 figure shown near the button is our recommended starting budget, not a real minimum — the true minimum deposit is €5.
Regulation & safety
FBS operates under ASIC (Australia), CySEC (Cyprus), FSC (Belize) and scores 2/5 on our regulation and safety scale. That is at the lighter end of our set, so you should weigh the higher counterparty risk carefully before funding a large balance. Client funds are held in segregated accounts, and negative balance protection is in place.
Fees & spreads
The typical EUR/USD spread at FBS is 0.7 pips, and commission is $6 per standard lot. That is wider than the sharpest brokers in our set, so active, high-volume traders may pay more here. Round-turn cost is the spread plus roughly $12 in commission per lot, so factor both in.
Platforms
FBS offers MT4, MT5 across 4 asset classes (Forex, Indices, Commodities, Stocks). The line-up is focused rather than broad — fine for MetaTrader users, but there is no cTrader or proprietary alternative. Maximum retail leverage is 1:3000, which is high and should be used with care.
Account & minimum deposit
The real minimum first deposit at FBS is €5, one of the lowest barriers to entry in our comparison. A free demo account is available. While you can open with the minimum, we suggest budgeting around €500 so you have room to manage risk sensibly rather than trading a tiny, easily-wiped balance.
Deposits & withdrawals
FBS typically processes withdrawals in 2 business days, a fairly standard turnaround. Actual arrival depends on your payment method and bank. Its 3.8/5 Trustpilot rating across 1,900 reviews gives a rough external read on how smoothly customers say payouts and support work.
Who FBS is for
FBS suits newer traders starting small, especially with 2 business days withdrawals and a €5 entry point. It is a weaker fit for anyone who prioritises top-tier regulation above all else — its light oversight is the main trade-off to accept.
Neutral score breakdown
Sub-scores are computed only from objective data — affiliation and bonuses are never inputs. See our methodology.
FBS review FAQ
Is FBS regulated?
Yes. FBS is authorised by ASIC (Australia), CySEC (Cyprus), FSC (Belize), and we rate its regulation 2/5 on our safety scale. Client funds are held in segregated accounts and negative balance protection applies.
What is the minimum deposit at FBS?
The real minimum first deposit at FBS is €5. For a comfortable start with room to manage risk, we suggest budgeting around €500 rather than the bare minimum.
How long do FBS withdrawals take?
FBS processes withdrawals in 2 business days. Actual arrival can vary with your payment method and bank.
Is FBS good for beginners?
Yes — a free demo account lets beginners practise first, and the €5 minimum deposit keeps the barrier to entry low. However, its light regulation means beginners who prioritise safety should weigh a more strictly regulated alternative.
Does FBS offer a demo account?
Yes, FBS offers a free demo account so you can test its MT4 and MT5 platform(s) with virtual funds before depositing real money.
FBS isn't in our current top picks
We cover FBS for completeness and because many traders search for it — but we have no affiliate relationship with them and they are not one of the brokers we currently recommend. That means there is no "open account" link on this page: we only place those on brokers we've vetted and stand behind. The facts above are here so you can compare FBS fairly against our top-rated options.
Our current top pick: FxPro
FxPro is our top-rated broker on objective, published criteria — regulation, fees and withdrawals. If you're weighing up FBS, compare it against FxPro first.
The information on Trding.io is for general information only and is not investment advice.