Regulators
CySEC, ASIC, FSC Belize
Min. deposit
$1
Spread from
0.7 pips (ECN)
Max. leverage
Up to 1:30 (EU retail) / 1:3000 (offshore)
Platforms
MT4, MT5, FBS Trader
Founded
2009 · Limassol, Cyprus
FBS review summary
FBS is a Cyprus-headquartered broker established in 2009, with one of the largest active retail bases in MENA and Southeast Asia (26 million+ traders across 150+ countries per company figures). Its core proposition is extreme accessibility: $1 minimum deposit, Cent accounts that let you trade with as little as $1 risk per position, and swap-free Islamic accounts as a default option.
FBS operates a multi-entity structure: an EU-regulated entity (CySEC) for European clients with ESMA-compliant leverage, and offshore entities (FSC Belize, ASIC) for international clients who want higher leverage and a wider product set.
For pure retail beginners — especially in MENA where Islamic accounts are required by religious observance and where micro-deposits make trading viable — FBS is genuinely strong. For institutional-grade execution or ECN-level spreads, IC Markets, Exness, or Pepperstone are better fits.
Account types
| Account | Min. deposit | Spreads | Commission |
|---|
| Cent | $1 | From 1.0 pip | None |
| Standard | $100 | From 0.5 pips | None |
| ECN | $1,000 | From 0.7 pips | $6/lot/side |
| Crypto | $1 | Variable | Floating |
Regulation
- Tradestone Ltd — CySEC 331/17 (EU)
- FBS Markets Inc. — FSC Belize 000102/6 (international)
- Intelligent Financial Markets Pty Ltd — ASIC 426359 (Australia)
Bottom line
FBS scores 4.3/5. Best for traders in MENA / Asia who need micro-lot access, Islamic accounts, and the absolute lowest barrier to entry — at the cost of slightly wider spreads than ECN peers.
FBS — Frequently Asked Questions
Is FBS regulated and safe?
FBS is regulated by CySEC, ASIC, FSC Belize. Client funds are held in segregated accounts at tier-1 banks and the broker operates under active financial-services licenses. Verify each license number on the regulator's official website before opening an account.
What is the minimum deposit at FBS?
The minimum deposit at FBS is $1. Most account types accept this minimum; premium tiers may require higher deposits — see the account-types table above.
What are the typical spreads at FBS?
Spreads at FBS start from 0.7 pips (ECN). Actual spreads vary by account type, instrument, time of day, and market volatility. Raw/ECN accounts add a per-lot commission on top of the tighter spread.
What trading platforms does FBS offer?
FBS supports: MT4, MT5, FBS Trader. MT4 / MT5 are the industry standards; cTrader is preferred for ECN execution; proprietary platforms offer broker-specific tools but less third-party compatibility.
What is the maximum leverage at FBS?
Maximum leverage at FBS: Up to 1:30 (EU retail) / 1:3000 (offshore). EU retail clients are capped at 1:30 by ESMA rules regardless of broker policy. Professional clients and offshore-entity clients can access higher leverage subject to qualification.
Who is FBS best suited for?
MENA and Asian retail traders wanting micro-lot access, very low minimum deposits, and Islamic accounts.