Score

1.66 /10
Danger

FBS

Regulated in Australia

Market Making License (MM)

MT4 Full License

Global Business

High Potential Risk

AA
A

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Comparison

Quantity 195

Exposure

Time Machine
Website

Score

Regulatory Index5.48

Business Index7.82

Risk Management Index0.00

Software Index5.58

License Index7.98

The broker's WikiFX Score has been lowered due to a high volume of unresolved client 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

Danger

JP FSA
2015-08-01
Entities conducting financial instruments business without registration - FBS Markets Inc.
FBS
FBS
FBS
FBS
FBS
FBS
FBS
FBS
FBS
FBS MALAYSIA
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Trader-FBS

Broker Information

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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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Warning: Low score, please stay away! 3
Previous Detection : 2026-11-04
  • The WikiFX cloud system has detected an excessive number of complaints against this broker, leading to its placement on the WikiFX Complaint Blacklist. Please be aware of the high risk.
  • WikiFX has recorded a total of 175 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.

WikiFX Verification

FBS · Benchmark
Average transaction speed(ms)
379.7 Good
The highest transaction speed(ms)
2 Perfect
The highest speed of opening positions(ms)
49 Perfect
The highest speed of closing position(ms)
2 Perfect
The lowest speed of opening positions(ms)
1719
The lowest speed of closing position(ms)
1899
Ranking: 34 / 115
Test user 8,578
Transactions 33,771
Ocuppied margin $112,201,234 USD
Data Source WikiFX Data provide
Updated: 2026-11-02 01:11:00
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
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
    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 app✔iOS, Android/
    MT4✔iOS, Android, macOS, WindowsBeginners
    MT5✔iOS, 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 Regulation Checks Before Choosing the Company Behind an Account

    FBS regulation should be checked against the company named in an account agreement, not a brand-level statement alone. The FBS About page archived on 24 September 2026 describes operations under several local licences. That statement does not identify the provider for every applicant in South Asia. Before using an FBS login link to apply or submit documents, establish which company would contract with you and what the relevant authorisation covers.

    WikiFX
    2026-10-08 19:08
    FBS Regulation Checks Before Choosing the Company Behind an Account

    ExposureFBS Review 2026: Traders Report Stop-Loss Issues and Deposit & Withdrawal Failures

    Did your deposit fail to show on the FBS platform? Were you denied fund withdrawals by the Belize-based brokerage firm? Faced an unaccounted fund deduction from your trading account? Did you face losses due to the incorrect triggering of your stop-loss order on the FBS login? These issues have allegedy become widespread among users worldwide, and some of them have reported the same on broker evaluation platforms such as WikiFX. This FBS review 2026 investigates reported issues while providing an overview of the broker's regulatory status.

    WikiFX
    2026-10-06 17:54
    FBS Review 2026: Traders Report Stop-Loss Issues and Deposit & Withdrawal Failures

    ExposureFBS Review: Broker Regulation Warnings and Withdrawal Complaints Traders Cannot Ignore

    FBS carries active regulatory records in Australia and Cyprus, but our investigation also found investor-alert warnings from Malaysia and Japan, plus repeated complaints of withdrawals blocked, profits deducted, and accounts restricted. For retail Forex traders, the danger is not one isolated grievance — it is a pattern of funds becoming hard to recover after profits appear.

    WikiFX
    2026-08-25 15:00
    FBS Review: Broker Regulation Warnings and Withdrawal Complaints Traders Cannot Ignore

    Exposure Review 2026: FBS Complaints, Regulation, and Withdrawal Risk Signals

    FBS shows active regulation records with ASIC and CySEC, but its WikiFX score of 1.67 and a large cluster of recent withdrawal, slippage, account-freeze, and profit-deduction complaints create a high-risk profile. Traders should verify the latest certificate and complaint status before depositing any funds.

    WikiFX
    2026-08-21 13:00
     Review 2026: FBS Complaints, Regulation, and Withdrawal Risk Signals

    User Reviews

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    User comment

    96

    Comments

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    FX2292786569
    more than one year
    เงินฝากเข้าบัญชี FBS หาย ไม่เอาเข้ายัญขีให้ ทวงผ่านอีเมล์และแชต บอกว่า อยู่ระหว่างดำเนินดารคืนเงิน 3 วันแล้ว..ทำเฉย แบบนี้โกง แน่นอน
    เงินฝากเข้าบัญชี FBS หาย ไม่เอาเข้ายัญขีให้ ทวงผ่านอีเมล์และแชต บอกว่า อยู่ระหว่างดำเนินดารคืนเงิน 3 วันแล้ว..ทำเฉย แบบนี้โกง แน่นอน
    Translate to English
    2026-09-28 14:53
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    FX5948185142
    0-3months
    On September 4th, 2026, I opened a buy order of 0.01 lot XAUUSD at price 4465.36. I explicitly modified and secured a Stop Loss (SL) at 4465.91.As proven by my MT4/MT5 local journal log at 20:28:37, the server strictly responsed: "accepted modify BUY 0.01 XAUUSD -> sl: 4465.91, tp: 4505.00 done". This means my stop loss instructions were properly uploaded and acknowledged by FBS servers.However, just 2 minutes later, the platform breached the contract and triggered the execution at an absurd price of 4412.86, causing an impossible loss of -$52.50 on a tiny 0.01 lot size. There was absolutely NO such price drop to 4412 on global raw market data during that timeframe.This is a severe quotation error, server lag, or a malicious internal candle manipulation. I request a full correction of the execution and a refund of the
    On September 4th, 2026, I opened a buy order of 0.01 lot XAUUSD at price 4465.36. I explicitly modified and secured a Stop Loss (SL) at 4465.91.As proven by my MT4/MT5 local journal log at 20:28:37, the server strictly responsed: "accepted modify BUY 0.01 XAUUSD -> sl: 4465.91, tp: 4505.00 done". This means my stop loss instructions were properly uploaded and acknowledged by FBS servers.However, just 2 minutes later, the platform breached the contract and triggered the execution at an absurd price of 4412.86, causing an impossible loss of -$52.50 on a tiny 0.01 lot size. There was absolutely NO such price drop to 4412 on global raw market data during that timeframe.This is a severe quotation error, server lag, or a malicious internal candle manipulation. I request a full correction of the execution and a refund of the
    Translate to English
    2026-09-04 21:36
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