Score

7.73 /10
Good

FBS

Regulated in Australia

Market Maker (MM)

MT4 Full License

Global Business

High potential risk

Offshore Regulated

AA
AA

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Comparison

Quantity 26

Exposure

Open Account
Website

Score

Regulatory Index8.72

Business Index7.69

Risk Management Index0.00

Software Index9.99

License Index8.72

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
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

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

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Check whenever you want

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WikiFX Risk Alerts 2
Previous Detection : 2025-11-15
  • WikiFX has received a total of 21 user complaints against this broker, please be aware of the risks and do not be scammed!
  • The Belize FSC regulation with license number: 000102/31 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

FBS · Benchmark
Average transaction speed(ms)
390.9 Good
The highest transaction speed(ms)
47 Great
The highest speed of opening positions(ms)
47 Perfect
The highest speed of closing position(ms)
17 Perfect
The lowest speed of opening positions(ms)
1998 Poor
The lowest speed of closing position(ms)
1935
Ranking: 24 / 123
Test user 7,951
Transactions 190,110
Ocuppied margin $112,457,298 USD
Data Source WikiFX Data provide
Updated: 2025-11-13 01:11:00
Pyramid scheme complaint
Expose
    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

    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

    NewsFBS Added AI tool for Rapid Forex Insights

    FBS AI trading assistant that translates forex charts into fast, clear insights and one‑click trade ideas to reduce errors and speed decisions.

    WikiFX
    2025-10-06 18:04
    FBS Added AI tool for Rapid Forex Insights

    NewsFBS: Ethereum Becomes Wall Street’s Base Layer

    FBS’s research reveals institutions now anchor finance on Ethereum, driven by staking rewards, Layer 2 scaling, ETF momentum, and real-world asset tokenization—a decisive Wall Street shift.

    WikiFX
    2025-09-12 18:04
    FBS: Ethereum Becomes Wall Street’s Base Layer

    NewsTrusted by Millions: FBS Wins Best Islamic Forex Broker Asia 2025

    FBS announces its latest recognition as the Best Islamic Forex Broker Asia 2025. The BRM awards highlight FBS‘s ongoing commitment to creating trading conditions that respect clients’ values while ens

    WikiFX
    2025-09-04 16:32
    Trusted by Millions: FBS Wins Best Islamic Forex Broker Asia 2025

    User Reviews

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    User comment

    79

    Comments

    Write a review

    FX2549462013
    0-3months
    Hello I had a heavy balance of around 1 million dollars and a lot of trading activity in the FBS broker in several years. I had 3 pending orders of 10 lots (totally 30 lots) of EURUSD that were activated at a set price in the Monday opening gap (12 May 2025 , opening price was 1.11850 and executable orders was 1.1202 but FBS executed on 1.1240) , not the real live price of the market. I had the same positions in the FXOPEN broker and the XM broker too, and they were activated at the live real market price, but FBS activated them at a set price. My accounts in all of them are ECN, so FBS must activate at the live price in market execution (not instant execution). This 400-point difference made almost $30,000 different!!!! FBS answered me it's normal because we use different LP, which is clearly a lie. (look at attachments)
    Hello I had a heavy balance of around 1 million dollars and a lot of trading activity in the FBS broker in several years. I had 3 pending orders of 10 lots (totally 30 lots) of EURUSD that were activated at a set price in the Monday opening gap (12 May 2025 , opening price was 1.11850 and executable orders was 1.1202 but FBS executed on 1.1240) , not the real live price of the market. I had the same positions in the FXOPEN broker and the XM broker too, and they were activated at the live real market price, but FBS activated them at a set price. My accounts in all of them are ECN, so FBS must activate at the live price in market execution (not instant execution). This 400-point difference made almost $30,000 different!!!! FBS answered me it's normal because we use different LP, which is clearly a lie. (look at attachments)
    Translate to English
    2025-11-12 19:56
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    Ahmed736
    0-3months
    FBS is a joke… account shows funds available but when you try to trade it rejects with ‘not enough money’. They just manipulate the platform to stop traders from opening profitable trades. Feels like a straight scam
    FBS is a joke… account shows funds available but when you try to trade it rejects with ‘not enough money’. They just manipulate the platform to stop traders from opening profitable trades. Feels like a straight scam
    Translate to English
    2025-08-29 17:23
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