• Long years of operation
  • Globally recognized with multiple industry awards
  • Low Spreads for Currency Trading
  • Both MT4 and MT5 offered
  • Limited trading instruments
  • Protective measures and trading conditions vary according to the entity

Reviewed broker: FBS

Established in 2009

Operating under FBS Markets Inc and Tradestone Limited 

Location: Belize

Regulation: IFSC (Belize)

Trading Instruments: Forex, Metals, Energies, Indices, Shares

ECN: yes

STP: yes


  • Best Forex Broker in Africa 2023
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Trading Conditions

Let’s take a closer look at the different account types available at FBS: Standard, Cent, and Crypto.

The Standard Account is suitable for traders with some experience, while the Cent Account is geared towards beginners who want to trade real funds without taking much risk. With a Cent Account, your balance appears in cents, and traders can open orders with a volume of 0.01. The Crypto account focuses exclusively on cryptocurrency trading and can only be accessed via the FBS Trader mobile app.

It is possible for both Standard and Cent accounts to upgrade to professional status. To qualify as a professional, traders must meet several eligibility requirements.

Islamic swap free accounts: yes

Trading signals: yes

VPS services: yes

Automated trading: yes

Scalping: allowed

Hedging: allowed

Spread types: floating, fixed

Floating spread from 0.7 pips

Maximum leverage: up to 1:3,000

Limit on open and pending positions: 200

Order volume: from 0,01 lots

Currency pairs: 31

Margin call: 40%

Trading Platform

Metatrader 4

FBS offers MetaTrader 4 for Windows and Mac as well as for Android and iOS mobile platforms. MT4 provides a trading experience at your fingertips allowing you to progress as a trader anywhere at anytime.

  • Encryption of data exchange between the client terminal and the platform servers
  • Possibility to create, buy, and use expert advisors (EA) and scripts
  • Technical analysis tools: 50 indicators and charting tools
  • One-click trading and embedded news
  • 4 types of pending orders
  • Hedging positions
  • VPS service support

MetaTrader 5

Having its predecessor’s best practice at hand, MetaTrader 5 is a more versatile software. It offers a wider choice of analytical tools, a possibility to trade stocks and commodities apart from currencies, and additional timeframes.

MetaTrader 5 Features

  • Expanded options to create technical indicators, trading robots and utility applications
  • Technical analysis tools: 90 indicators and charting tools
  • One-click trading and embedded news
  • 6 types of pending orders
  • Economic calendar
  • Hedging positions
  • 21 timeframes
  • VPS service support

Payment methods 

Payment methods: credit cards, fasapay, Indonesia local banks, neteller, okpay, perfectmoney, Skrill, webmoney, wire transfer, Thai local banks, Exchangers, Malaysian banks and Bitcoin by Skrill

Minimum deposit requirement: $5

Customer Service

Online chat: available

Email support: yes

Phone representatives: yes

Educational Material and Promotions

Education: Forex analytics with latet forecast and currency trading ideas, webinars, Forex TV, economic calendar, central banks rates, forex guidebook, tips for traders, video lessons, seminars.

Promotion: 100% deposit bonus, bonus $50, Cashback receive up to $7 per lot, Get an iPhone X just for trading with FBS, VPS server, Fix rate, FBS Pro trade demo account and win up to $450, “Get car from FBS”, “Dreams come true” 

How does Demo account differ from a Real trading account?

With Demo-account, you can learn Forex market trading, master and test your own trading strategies and expert advisors online absolutely free of charge. Trade under real trading conditions on virtual funds.

How can I make a deposit and withdraw funds?

You can fund your account in your Personal area, via “Financial operations” section, choosing any of the available payment systems. Withdrawal from a trading account can be executed in your Personal area via the same payment system that was used for depositing. In case the account was funded via various methods, withdrawal is executed via the same methods in the ratio according to the deposited sums.

How can I change leverage?

You can change leverage in your Personal area on the account settings page (available after clicking on the account number you need in the table on the left) in the “Leverage” section. You will need to click on “Change leverage” link, set the necessary leverage adjustment and then click on “Save”. Attention! Leverage change is possible only once in 24 hours. It is impossible to change leverage if there are any open orders on the account.

What are Margin Call and Stop Out levels?

Margin Call is an allowed margin level (40% and lower). At this point, the company is entitled but not liable to close all open positions of a Client due to the lack of free margin. Stop Out is a minimal allowed level of margin (20% and lower) at which the trading program will start to close Client’s open positions one by one in order to prevent further losses that lead to negative balance (below 0 USD).

When can I trade?

Time of the trading server operation is from 00:00 on Monday to 23:00 on Friday terminal time (GMT+3).

How to see the full list of available symbols (trading tools) on Metatrader 4?

Right-click in the “Market Watch” window and choose “Show All” option in the opened menu.

How was the rating of FBS performed compared to other brokers? 

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on FBS FX broker performance and features. 

Overall our online FBS review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online FBS or you find inaccurate details FBS Capital broker review please get in touch with us and the changes will be applied. 

FBS Details

Trading Platforms:
Maximum Leverage:
Trading Conditions:
Account Options:
Minimum Deposit:
Educational Material:
Representative Offices:
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