Broker Review · last checked July 2, 2026
FBS Review
FBS is a longstanding retail forex and CFD broker regulated in Belize, with a clear emphasis on MetaTrader platforms, deposits, and swift onboarding. This review covers publicly available information, regulatory details, and key points traders should verify before opening an account.
- Official legal documents are public
- Belize FSC registration is disclosed on the broker site
- Funding and withdrawal policies are publicly described
- Country restrictions are listed by the broker
FBS at a glance
Listing status: Eligible With Caution · regulated, legacy, higher risk, mt5
Our verdict
FBS lists FBS Markets Inc. as its operating entity, registered with the Belize Financial Services Commission. The broker excludes residents from jurisdictions such as the USA, EU, and UK. Public support notes a minimum deposit starting at $5, though this varies by payment method and country. The critical due diligence is not the advertised minimum, but whether the legal entity, regulator, and account terms correspond to your actual trading location.
Who this broker suits
- Readers who want a broker with public legal-documents and funding pages
- Traders specifically looking for MT5 access
- Users who are comfortable verifying jurisdiction-specific availability and terms before funding
- You want Tier-1-regulator coverage
- You need strong multi-jurisdiction client protection
- You prefer brokers with broad, clearly documented third-party sentiment and oversight
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Evidence notes |
|---|---|---|---|
| FBS Markets Inc. | Authorised/registered in Belize | FSC Belize public register | Website says operated by FBS Markets Inc.; Belize reg. no. 000001317; FSC licence no. 4077102. |
| HDC Technologies Ltd. | Payment services entity | FBS legal documents | Official legal pages name HDC Technologies Ltd. as payment processor; reg. no. HE 370778. |
| FBS brand website | Broker website / support centre | Official website | Legal documents and support pages disclose risks, restrictions incl. USA/EU/UK, and contact support. |
Key facts table
| Topic | Publicly visible information | Reader takeaway |
|---|---|---|
| Minimum deposit | From $5, but varies by payment system | Do not assume every deposit method starts at $5. |
| Platforms | MetaTrader 5 is publicly referenced; MetaTrader 4 is also linked in site navigation | Check your region’s exact platform availability before funding. |
| Deposits | FBS says it supports local and international payment systems; deposits can be made in the Personal Area or app | Availability depends on country and method. |
| Withdrawals | FBS says withdrawals usually use the same payment system used for deposit | Plan your deposit method with withdrawals in mind. |
| Deposit fees | FBS says it does not charge deposit fees to trading accounts | Payment providers may still charge their own fees. |
| Leverage | FBS publicly advertises leverage up to 1:3000 on some pages | High leverage increases risk significantly and may not apply everywhere. |
| Risk profile | CFD/forex broker | Suitable only for traders who understand leveraged product risk. |
Where the broker publishes a range or method-dependent condition, the table avoids overgeneralization.
Alternatives to FBS
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
| 75.5 | FCA, CySEC, KNF | xStation, xStation mobile app | Readers who want a broker with publicly disclosed multi-jurisdiction regulation, Users who value transparent fee pages and entity-level lega | Read review | |
| 73.5 | CySEC, Securities Commission of The Bahamas | Proprietary web platform, Mobile app, TradingView | Readers who want a broker with clear public legal-entity and regulator disclosures, Users looking for a proprietary web/mobile platform plus | Read review | |
| 70 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (South Africa) | Colmex Pro 2.0, MT4, Web Trader | Readers who want a CySEC-listed broker with publicly verifiable entity details, Traders comparing U.S. equities-focused platforms and MT4 av | Read review | |
| 69.5 | FCA | Next Generation, MT4, MT5 | Traders who want a well-documented broker with clear public legal disclosures, Users who value proprietary platform depth alongside MT4/MT5 | Read review | |
| 68 | SEC, FINRA | IBKR Desktop, IBKR Mobile, Trader Workstation (TWS) | Experienced traders who want a broad platform lineup, Users who value detailed public disclosures, Clients who want multiple funding and acc | Read review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
External rating snapshot
| Source | Original score | Normalized /10 | Context |
|---|---|---|---|
| Trustpilot | 4.3/5 | 8.6 | 9,353 reviews; used in our comparison score |
| External snapshot average | — | 8.6 | Single third-party normalized score; checked 2026-07-02 |
Entity and regulation
The legal documents identify FBS Markets Inc. as the operator, registered with Belize’s FSC. About pages reiterate this Belize FSC regulation. Payment processing is handled separately by HDC Technologies Ltd., highlighting that brokerage services, payments, and client fund custody may involve different entities. This separation means you must read agreements carefully rather than rely on brand-level claims.
Fees, account types, and platform access
Public information shows minimum deposits from $5, subject to variation by payment system. FBS advertises floating spreads starting at 0.7 pips and offers MetaTrader 5 access. However, the available public data does not give a complete fee breakdown applicable across all accounts and regions. Traders should verify spreads, commissions, swap policies, and inactivity fees within their account dashboard before funding.
Deposits and withdrawals
Deposits can be made via the Personal Area or app, depending on country and payment options. Withdrawals typically use the same method as the deposit, a standard anti-money-laundering measure. FBS does not charge deposit fees, though third-party providers might. Since payment methods vary by location, check your client area rather than assume the global homepage’s list applies.
Country availability caveat
FBS openly states its services are unavailable in certain countries, including the USA, EU, UK, Japan, Canada, Brazil, Malaysia, Israel, Myanmar, and Iran. This list is a starting point; product availability can differ by legal entity and local laws. If you’re outside these markets, confirm which legal entity would onboard your account before depositing.
What to verify before opening an account
Before funding an FBS account, confirm these details: the legal entity named in your agreement, the regulator listed, the payment methods supported in your country, and the platform and account type available for your region. Also, check if your funding method has withdrawal restrictions, minimum limits, or third-party processing rules. These practical checks matter more than advertised leverage or promotions.
Common questions
Is FBS regulated?
FBS states that FBS Markets Inc. operates the site and is registered with the Belize Financial Services Commission. This is the primary regulatory disclosure on the official pages reviewed.
Is FBS safe?
No broker is without risk. Regulation improves transparency, but traders still need to verify the legal entity, regional restrictions, and funding rules before opening an account.
What is the minimum deposit at FBS?
FBS indicates a minimum deposit starting at $5, though this varies depending on payment method and location.
Does FBS offer MetaTrader?
Yes. FBS references MetaTrader 5 publicly and links to MetaTrader 4 pages as well. Always confirm which platforms are available for your region.
How do withdrawals work at FBS?
Withdrawals generally use the same payment method as deposits. Your initial funding choice will affect your withdrawal options.
Does FBS accept clients from the USA?
No. FBS’s legal pages confirm it does not serve residents of the USA, among other jurisdictions.
Are FBS deposits free?
FBS does not charge fees for deposits to trading accounts, but third-party payment providers may apply their own charges.
Check the details yourself
These are the pages we relied on. Read them before you open an account or send money anywhere.