FBS
FBS, active since 2009, is popular in Asia and Africa for its $5 minimum deposit and up to 1:3000 leverage via its Belize entity, with separate CySEC- and ASIC-licensed entities.
Leveraged trading carries a high level of risk and you may lose all of your capital.
Key facts
- Trading platforms
- MT4MT5FBS App
- Account types
- Standard
- Instruments
- ForexMetalsEnergiesIndicesStocks
- Deposit & withdrawal
- Bank CardE-walletsCryptoLocal Payment Methods
- Features
- Accepts IraniansPersian supportIslamic accountCopy tradingDemo account
Score breakdown
Each criterion is rated 0–5 by our editorial team.
- Trust & Regulation3.6
- Fees & Costs3.8
- Platform & UX3.9
- Deposit & Withdrawal4.2
- Support4.0
- Features & Range3.5
Full review
FBS was founded in 2009 and became well known in Asia and Africa through heavy marketing and sports sponsorships, focusing on small, accessible retail accounts.
FBS Markets Inc. serves international clients under Belize FSC licence 000102/460. A European entity, Tradestone Ltd, is licensed by CySEC (331/17), and an Australian entity, Intelligent Financial Markets, operates under ASIC. Protection for international clients is at offshore level.
The international entity has simplified its offering to a commission-free Standard account with a $5 minimum deposit. Trading runs on MT4, MT5 and the FBS app, with leverage up to 1:3000; CySEC and ASIC entities apply retail leverage caps.
Funding includes cards, e-wallets, crypto and local methods. There is no clear official statement on Iranian residents.
Last updated: Oct 6, 2026
Pros & cons
- $5 minimum deposit
- CySEC- and ASIC-licensed entities
- Simple account structure
- Many local payment methods
- User-friendly app
- International clients under offshore Belize licence
- No raw-spread account at the international entity
- Very high leverage is risky
- No Persian support
Licences & regulation
Tier 1 means the strictest oversight.
| Regulator | Authority | Tier | Licence no. |
|---|---|---|---|
🇨🇾CySEC Cyprus Securities and Exchange Commission | Cyprus Securities and Exchange Commission | Tier 1 | 331/17 |
🇦🇺ASIC Australian Securities & Investments Commission | Australian Securities & Investments Commission | Tier 1 | — |
FSC-BZ FSC-BZ | FSC-BZ | Tier 3 | 000102/460 |
User reviews
- 5 stars0
- 4 stars0
- 3 stars0
- 2 stars0
- 1 stars0
Similar options
Dating back to 1974, IG is one of the oldest and largest CFD providers globally — a London Stock Exchange-listed, FCA-regulated firm offering tens of thousands of markets.
Pepperstone is an Australian broker with multiple tier-1 licences (ASIC, FCA, BaFin and more), known for its Razor account, fast execution and broad platform choice.
Harbor Markets is a sample ECN broker with a $5 minimum deposit and leverage up to 1:500.
Interactive Brokers is a Nasdaq-listed US broker with roots back to 1978, offering direct access to 150+ global markets at very low commissions.