BelizeRegulationCySEC, ASIC, Belice
Min. deposit$5
Leverage1:1 – 1:3000
PlatformsMT4, MT5, FBS Trader
InstrumentsForex & CFDs
Founded2009
🏛️ Which entity will open your account?
📍 Pick your country above and we'll tell you exactly which entity opens your account at FBS.
How is this decided and how do I verify it? →Regulation by region
The entity you sign with — and your protection — changes depending on where you live.
United Kingdom
Doesn't serve the UK with an FCA license
No FCA authorization; FCA warning against 'Fbs Fx Trading' (unauthorized)European Union
CySEC regulated with compensationSTP
Tradestone Ltd (CySEC 331/17) — ICF member up to €20,000United States
Doesn't open US accounts
ExcludedAustralia
ASIC regulated, no compensationSTP
Intelligent Financial Markets / FBS Oceania (AFSL 426359) — no compensation schemeRest of the world
OFFSHORE entitySTP
FBS Markets Inc (FSC Belize 000001317) — no compensation, funds not segregatedAll licenses
Every regulator where the group holds a license, with its execution model. The entity that applies to you depends on your country (see above).
Account types
Standardfloating spread from ~1 pip, no commission
Zero Spread0 pip fixed + $20/lot
ECN0.0 raw + $6/lot
Pros
✓Competitive costs
Cons
✗Outside your region, offshore entity
✗Very high leverage (more risk)
Breakdown by axis
The total score (out of 100) is the sum of the 7 axes, with the same yardstick for everyone. Below each one, the rationale with its source.
Regulation: Tier-1 + offshore14/22 pts
Why: CySEC 331/17 (EU) + ASIC 426359 (AU); rest of the world via FBS Markets Inc (Belize FSC) = offshore, up to 1:3000
Withdrawals / payments: Isolated complaints10/20 pts
Why: mixed-acceptable: fast e-wallets BUT holds for verification and blocks over bonus conditions (~171 WikiFX complaints); no systemic denial
Fund safety: Segregated (no compensation)8/15 pts
Why: segregated; the offshore entity (Belize) has no compensation (CySEC only for EU)
Transparency: With caveats5/10 pts
Why: SC Malaysia alert (unauthorized); aggressive 1:3000 leverage
Reputation: Mixed5/10 pts
Why: founded 2009; Trustpilot 4.3, WikiFX 7.59; Malaysia alert
Costs: Competitive8/8 pts
Why: min $5; ECN ~$6 round-turn, EURUSD Standard ~0.8 pip
Sources
Don't take our word for it — check it yourself. These are the official registries and legal pages we relied on.
🔗 CySEC registration — Tradestone Ltd (331/17)🔗 ⚠ FCA — warning 'Fbs Fx Trading' (unauthorized)🔗 Official FBS Client Agreement (FSC Belize)🔗 FBS EU regulation page (ICF / MiFID)Trader reviews
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