Score

7.58 /10
Good

FBS

Regulated in Australia

Market Making License (MM)

MT4 Full License

Global Business

High potential risk

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Comparison

Quantity 188

Exposure

Open Account
Website

Score

Regulatory Index8.59

Business Index7.72

Risk Management Index0.00

Software Index9.97

License Index8.47

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

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

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WikiFX Risk Alerts 2
Previous Detection : 2026-01-15
  • WikiFX has received a total of 170 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)
413.1 Good
The highest transaction speed(ms)
2 Perfect
The highest speed of opening positions(ms)
17 Perfect
The highest speed of closing position(ms)
2 Perfect
The lowest speed of opening positions(ms)
1987 Poor
The lowest speed of closing position(ms)
1891
Ranking: 69 / 125
Test user 8,202
Transactions 118,942
Ocuppied margin $116,139,937 USD
Data Source WikiFX Data provide
Updated: 2026-01-14 01:01:00
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
Unable to Withdraw

I have been trading with

I have been trading with FBS for a few months now, after i made profit they decided I cannot withdraw with crypto (which happens to be my deposit method, instead I was told i can only withdraw some parts of it (my sole deposit) with crypto and the rest I have to withdraw directly to my local bank. So when I tried doing such, they kept declining my withdrawal requests on both local bank and crypto. So i started chatting with their agents and none of them seem to have an explanation as to why they cannot process my withdrawal. Later on that same day about 17:00pm my whole balance of $2618 was wiped. When i chat the customer care agents again I was told it was an error and i will get an email regarding the issue. Later at night on that same day they deactivated my account, deleted all my trading and transaction history.

2025-08-15 04:15
Scam

manipulate prices

A platform with unclear rules that can arbitrarily set profits after the market closes is called abusing power to manipulate price trends. I sold AMD at $1021, and AMD's opening price on August 6 was 1022, but the system set a TP at $1023, resulting in the position being closed at $1024 the next day at the open. I want to ask, isn't the opening price supposed to be based on the market price? Can the system freely manipulate prices?? I have repeatedly requested compensation from customer service, but they refuse every time. If you plan to use FBS, you'd better be careful! FBS is simply a black platform, a price-manipulating platform! I strongly advise against using it, and I will continue to expose it on various platforms!

2025-08-19 12:48
Others

fbs eats my 30,000 $ profit

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)

2025-11-12 19:56
Scam

I sold a tesla stock

I sold a tesla stock before earning the report and the next day I made a profit from my trade. I sold Facebook stock before the earnings report and when FBS realized that Facebook was dropping about 20% during pre-market they decide to manually set TP on my Facebook trade hence preventing me from making almost 3000USD profit the next day. I complained to FBS and they informed me that according to the FBS agreement they are allowed to set TP for a client. I asked them why they didn't set a TP to the Tesla trade because the Tesla trade had the same trade condition as the Facebook trade and they failed to give me a satisfactory answer. FBS's failure to set TP on Tesla trade made me risk 200USD on Facebook stock and I lost 147USD plus profits I would have made if I had traded with another broker.

2025-08-15 04:55
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 Review: The "Balance Fixed" Trap and the $30,000 Ghost Candle

    One hundred and seventy. That is the number of complaints WikiFX has received against FBS in just the last three months. In the world of retail trading, a dozen complaints is a concern; 170 is a crime scene. While FBS flaunts a "Double A" influence rank and claims to be a user-friendly broker established in 2017, the data paints a picture of a digital casino where the house doesn't just rely on probability—it reportedly alters the game board.

    WikiFX
    2026-01-09 16:07
    FBS Review: The "Balance Fixed" Trap and the $30,000 Ghost Candle

    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

    User Reviews

    More

    User comment

    80

    Comments

    Write a review

    BIDEN
    more than one year
    Pakai FBS cukup nyaman buat harian. Eksekusi lumayan cepat, spread juga kompetitif untuk pair mayor. Aplikasi mobile-nya ringan, jadi enak kalau mau cek posisi cepat. Cocok buat yang butuh platform simple tapi tetap stabil untuk eksekusi teknikal.
    Pakai FBS cukup nyaman buat harian. Eksekusi lumayan cepat, spread juga kompetitif untuk pair mayor. Aplikasi mobile-nya ringan, jadi enak kalau mau cek posisi cepat. Cocok buat yang butuh platform simple tapi tetap stabil untuk eksekusi teknikal.
    Translate to English
    2025-11-24 18:09
    Reply
    0
    0
    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
    Reply
    0
    0
    99+