FBS is an international forex and CFD broker that has grown to serve over 27 million clients across 150+ countries since its founding in 2009. The broker is particularly popular among beginner and intermediate traders due to its extremely low minimum deposit requirements—starting at just $1 for a Cent account—making it accessible to traders with limited capital. FBS offers trading in forex, metals, indices, stocks, energies, and crypto CFDs.
The broker provides access to both MetaTrader 4 and MetaTrader 5 platforms, along with its proprietary FBS Trader mobile app. MT4 and MT5 support Expert Advisors (EAs) for automated trading, the built-in Strategy Tester for backtesting, and custom indicators. The FBS Trader app is streamlined for mobile-first retail traders and includes a copy trading feature that allows users to follow and replicate experienced traders' positions.
FBS operates multiple account types to suit different trading styles. The Standard account offers spreads from 0.5 pips with no commission, while the Zero Spread account provides 0-pip spreads with a $20/lot commission and a $500 minimum deposit. The ECN account targets more active traders with tighter pricing and a $1,000 minimum deposit. Leverage is available up to 1:3000 on select account types, which is exceptionally high and carries significant risk.
Regulatory coverage varies by region. FBS operates under CySEC regulation (Cyprus) for EU clients, FSCA oversight for South African clients, and IFSC licensing in Belize for global clients. The broker provides 24/7 multilingual customer support, an educational portal with webinars and video courses, daily market analytics, and a structured affiliate/IB partner program. While FBS scores well on accessibility and value, its offshore regulatory structure for most non-EU clients warrants due diligence.