FBS Review 2026: Is It Legit? Regulation, Spreads, Withdrawals, Pros and Cons

FBS in short

FBS was founded in 2009 and is headquartered in Belize; EU arm in Cyprus. Regulators: FSC Belize, CySEC, ASIC, FSCA. Strong in Southeast Asia; 1:3000 leverage is among the highest in the market.

All figures below come from the broker's public data as of this page's update date. Conditions differ by country and account type, so verify them on the FBS site before opening an account.

Accounts, spreads and commissions

Account types: Standard, Cent, ECN, Crypto. Spreads and commissions: Standard from 0.7 pips; ECN from 0.0 + $6 per lot round turn. Leverage: up to 1:3000. Platforms: MT4, MT5, FBS App.

Deposits and withdrawals

Cards, transfers, e-wallets, crypto, asian local methods; withdrawals usually within a day. As with every regulated broker, withdrawals go back by the method you funded with — an anti-money-laundering requirement, not a FBS quirk.

Bonuses

Regional bonuses and cashback, loyalty programme. Where a bonus exists, read the volume conditions before activating: a bonus is credit, not cash, and it is removed on withdrawal.

Drawbacks worth knowing

• 1:3000 leverage is dangerous for beginners
• CIS retail clients are served by the offshore entity
• Bonus terms vary by country

Legit or scam: how we look at it

Searches for "FBS scam" are crowded with rating sites that publish the same template about every broker and end with a link to a "verified" partner. We do not do that. The facts are simple: FBS holds licences (FSC Belize, CySEC, ASIC, FSCA), has operated since 2009 and publishes its terms. That does not guarantee it suits you, but it is not a scam in the sense those sites use the word.

Compared with brokers we test with real accounts

Below are the 3 brokers where we hold live accounts and measure conditions monthly. If you are choosing between them and FBS, see the head-to-heads: FBS vs Vantage, FBS vs VT Markets, FBS vs BullWaves. Also: FBS withdrawal guide, FBS bonus terms, FBS minimum deposit.