Score

7.58 /10
Good

FBS

Regulated in Australia

Market Making License (MM)

MT4 Full License

Global Business

High potential risk

AA
A

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Comparison

Quantity 190

Exposure

Time Machine
Website

Score

Regulatory Index8.59

Business Index7.75

Risk Management Index0.00

Software Index9.97

License Index8.47

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

MY SCM
2021-01-01

Broker Information

More

Company Name

FBS Markets Inc

Company Abbreviation

FBS

Platform registered country and region

Belize

Company website

Facebook

Instagram

YouTube

WhatsApp

  • 35799173422

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 2
Previous Detection : 2026-02-27
  • WikiFX has received a total of 172 user complaints against this broker, please be aware of the risks and do not be scammed!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

FBS · Benchmark
Average transaction speed(ms)
398.2 Good
The highest transaction speed(ms)
17 Perfect
The highest speed of opening positions(ms)
17 Perfect
The highest speed of closing position(ms)
17 Perfect
The lowest speed of opening positions(ms)
1985 Poor
The lowest speed of closing position(ms)
1999 Poor
Ranking: 44 / 125
Test user 8,292
Transactions 80,368
Ocuppied margin $115,907,234 USD
Data Source WikiFX Data provide
Updated: 2026-02-26 01:02:00
Pyramid scheme complaint
Expose
Others

A broker should be truthful

A broker should be truthful transparent and supportive allowing traders to grow This one has proven to be the opposite I traded with them for a long time even when I was blowing accounts there were never any issues The moment I started making growth everything changed Withdrawals became impossible Deposits were rejected The response I received was that the manager rejected my deposit This broker supports losing traders and oppresses growing traders Instead of encouraging success they punish it A fair broker helps traders grow but this one blocks withdrawals rejects deposits and destroys trust

2025-08-26 20:04
Scam

After depositing about

After depositing about $248 into my FBS account and making a good profit, FBS blocked my account. They cited an anti-money laundering (AML) check as the reason, despite the small initial deposit. To verify my account, they requested several documents: a video selfie with my ID, screenshots of my deposit transactions, proof of residence, and proof of the origin of my funds. I submitted everything they asked for on the same day, including my payroll, bank statements showing the deposit to my crypto wallet, the Tether buy order used to fund my FBS account, and a video selfie. I contacted their live chat support to ask about the timeline for the investigation, when I could resume trading, and when I could withdraw my funds. I received no specific answers, only a response to "wait for a new email." The following day, I discovered they had removed all my profits—approximately $1,099.65—through a "Balance Fixed operation."

2025-08-15 05:11
    Sources
    FBS · Company summary
    Quick FBS Review Summary
    Founded1995
    Registered Country/RegionBelize
    RegulationASIC, CySEC, FSC (Offshore)
    Market Instruments550+, currency pairs, metals, energies, indices, shares
    Demo Account
    Min Deposit$5
    LeverageUp to 1:3000
    EUR/USD SpreadFloating around 0.9 pips
    Trading PlatformFBS app, MT4, MT5
    Payment MethodsVisa, MasterCard, Sticpay, etc. (vary by region)
    Customer Support24/7 live chat, callback, Help Center
    Regional RestrictionsThe USA, the EU, the UK, Israel, the Islamic Republic of Iran, Myanmar

    FBS Information

    FBS is a regulated broker that provides 550+ tradable instruments, including currency pairs, metals, energies, indices, and shares with leverage up to 1:3000, spread from 0.0 pips and commissions from 0% through FBS app, MT4 and MT5 trading platforms. The minimum deposit requirement is just $5.

    FBS's homepage

    Pros and Cons

    Pros Cons
    Regulated by ASIC and CySECOffshore FSC license
    Various trading assetsRegional restrictions
    Leverage up to 1:3000
    MT4/MT5 available
    Low minimum deposit requirement
    24/7 multi-channel cutsomer support

    Is FBS Legit?

    Yes. FBS is regulated by ASIC in Australia and CySEC in Cyprus, and offshore regulated by FSC in Belize. Regulated brokers are safer than unregulated ones, but investing is inevitably risky.

    Regulated CountryRegulated byCurrent StatusRegulated EntityLicense TypeLicense Number
    Australia
    Australia Securities & Investment Commission (ASIC)RegulatedIntelligent Financial Markets Pty LtdMarket Making (MM)000426359
    Cyprus
    Cyprus Securities and Exchange Commission (CySEC)RegulatedTradestone LtdMarket Making (MM)331/17
    Belize
    Financial Services Commission (FSC)Offshore RegulatedFBS Markets Inc.Retail Forex License000102/460
    Is FBS Legit?
    Is FBS Legit?
    Is FBS Legit?
    Is FBS Legit?

    What Can I Trade on FBS?

    Traders can invest in 550+ trading instruments, including currency pairs, metals, energies, indices, and shares.

    Tradable Instruments Supported
    Currency Pairs
    Metals
    Energies
    Indices
    Shares
    Cryptocurrencies
    Bonds
    Options
    ETFs
    What Can I Trade on FBS?

    Leverage

    The maximum leverage is capped at 1:3000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

    Spread and Commission

    FBS offers floating spreads from 0.7 pips and no commissions charged.

    Trading Platform

    FBS has an authoritative MT4 and MT5 trading platform, favorited by traders ranging from junior to senior traders, and FBS also offers the proprietary trading platform FBS app.

    Trading PlatformSupported Available Devices Suitable for
    FBS appiOS, Android/
    MT4iOS, Android, macOS, WindowsBeginners
    MT5iOS, Android, macOS, WindowsExperienced traders
    Trading Platform

    Deposit and Withdrawal

    FBS says to accept 200+ payment methods, such as VISA, Mastercard, Sticpay, etc. (vary on the region). The minimum deposit is $5, and no commissions are charged.

    Payment methods

    News

    ExposureFBS Forex Scam Alert: High Complaint Ratio

    FBS shows 188 negative cases out of 205 on WikiFX, despite regulation—a major red flag for withdrawals & profits. Uncover risks & protect funds before trading now!

    WikiFX
    2026-02-18 17:45
    FBS Forex Scam Alert: High Complaint Ratio

    ExposureFBS Broker Review: The Anatomy of a High-Fidelity Money Trap

    With over 171 complaints in a single quarter, FBS operates more like a sophisticated financial vacuum than a broker, systematically wiping accounts through predatory price manipulation and withdrawal blockades. Your capital isn't just at risk; it's being harvested by a firm that hides behind dual regulation while the Malaysian SC blacklists their operations.

    WikiFX
    2026-02-10 13:00
    FBS Broker Review: The Anatomy of a High-Fidelity Money Trap

    ExposureFBS Review 2026: Is this Forex Broker Legit or a Scam?

    FBS holds reputable licenses from ASIC and CySEC, earning a solid WikiFX score of 7.58, yet it faces a critical volume of over 170 recent complaints regarding profit cancellations and withdrawal denials. While technically regulated, the disconnection between its compliance on paper and heavy user reports of "Balance Fixed" deductions urges extreme caution.

    WikiFX
    2026-01-20 16:30
    FBS Review 2026: Is this Forex Broker Legit or a Scam?

    NewsFBS AI Assistant: Trading Tool for Real-Time Market Analysis

    FBS launches an AI Assistant powered by OpenAI technology to help traders analyze charts, detect trends, and make data-driven trading decisions faster and more confidently.

    WikiFX
    2025-10-20 20:39
    FBS AI Assistant: Trading Tool for Real-Time Market Analysis

    User Reviews

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    User comment

    83

    Comments

    Write a review

    Sandi5847
    more than one year
    Everyone must know about the 100% rate of the notorious Stop Loss Slip/gap from this broker, this broker is a naughty broker, and must be avoided... My SL is always 200$ for each transaction but it is always 100% certain SL Gap/slip up to 250$ -350$ fbs is a serious scam, stay away from this rubbish broker
    Everyone must know about the 100% rate of the notorious Stop Loss Slip/gap from this broker, this broker is a naughty broker, and must be avoided... My SL is always 200$ for each transaction but it is always 100% certain SL Gap/slip up to 250$ -350$ fbs is a serious scam, stay away from this rubbish broker
    Translate to English
    2026-02-20 19:59
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    FX1106118022
    0-3months
    WD proses terlalu lama dan dana tidak di kembalikan
    WD proses terlalu lama dan dana tidak di kembalikan
    Translate to English
    2026-02-03 02:44
    Reply
    0
    0
    99+