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Independent broker review

FBS

A forex & CFD broker founded in 2009 with a strong focus on the Southeast Asian market and a range of account types.

Last verified 2026-08-01
3.3/ 5 editorial scoreTrust 61 · Medium
Best for

Small-capital Southeast Asian traders who understand offshore regulatory risk

Not ideal for

Those who need tier-1 regulation & strong fund protection

Regulation & Safety
2.5
Fees & Deposit
3.5
Platform & Assets
3.5
User Support
3.5

Pros

  • Very low minimum deposit + many promotions; popular in Southeast Asia
  • MT4/MT5 + own platform
  • A range of account types

Cons

  • Most clients via the offshore entity (Belize) — weak retail protection
  • Heavy promotion/bonus model; read the terms
  • Very high leverage amplifies risk

Feature summary

CategoryForex
Minimum depositVaries by account type — check the official site
Demo accountAvailable
PlatformMetaTrader 4, MetaTrader 5, FBS Trader
InstrumentsForex, Stock/index/commodity/metal CFDs
SupportLive chat, email & phone (market hours)
Regulation statusOperates mainly through an offshore entity (IFSC Belize), with more limited CySEC/ASIC licenses. Southeast Asia focus.
Fee modelSpread + promotions; figures vary
Estimated cost per lotSpread varies by account type — not yet verified

Risk & regulation notes

Leveraged trading is high-risk. More importantly here: most retail clients are served by an offshore entity with far weaker investor protection than tier-1 regulators (FCA/ASIC/CySEC). Verify the entity that serves your country and understand the risks before depositing.

Primary sources

Product facts are summarized from the broker's official materials. A broker's own claims are not automatically treated as independent verification.

Update history

  • 2026-08-01

    Added to the directory as a review candidate; official documents not yet examined.

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