FBS Review 2025: Accounts, Withdrawals & Trading Platforms to Explore

FBS	⭐⭐⭐⭐
Regulations	ASIC, CYSEC, FSC
Tradable Assets	Forex, Metals, Indices, Energy, Stocks, Cryptocurrency
Minimum Deposit	$5
Live Accounts	A Single Account
Demo Account	Yes
Account Opening	1 Days
Max. Leverage	3000:1
Trading Platform	FBS App, MetaTrader 4, MetaTrader 5
Trading Tools	Economic Calendar, Trading Calculator, VPS

About FBS

FBS, more of an A-Book broking company, offers trading services through its three entities in Belize, Australia, and Europe, respectively. With the FBS platform, traders can get access to over 550 CFD-based instruments, including Forex, Indices, Energy, Stocks and Cryptocurrency through the FBS App and MetaTrader suite—MetaTrader 4 and MetaTrader 5. FBS's shining features, an extremely low entry barrier from $5 and its generous leverage up to 3000:1, attract active traders the most. competitor However, FBS does not provide tiered account options, only one live account offered for all investors, but opening an account here is quick and easy. FBS's copy trading solution—FBS Copytrade, while once available, isn't as user-friendly or prominently featured as those offered by competitors, closed in 2022, restricting beginners' access to simpler trading approaches.

✅Where FBS Shines:

• Regulated entities in Australia, Belize, and Europe
• Low entry barrier of $5, making trading more accessible for beginners
• Free demo accounts available on MT4, MT5, and FBS Mobile app
• Generous leverage up to 3000:1 to increase trading flexibility
• Fully online account opening process
• Competitive pricing on major pairs
• Over 200 payment options serving global users better
• Quick customer support through online chat

❌Where FBS Falls Short:

• A single real account offered to all investors
• A narrow choice of tradable instruments, only 550 CFDs to trade
• FBS Copytrade App closed in 2022
• VPS can be used only after depositing $450

Is FBS Legit?

FBS operates legally through its three entities in Australia, Europe, and Belize::

Intelligent Financial Markets Pty Ltd, its entity in Australia, is regulated by ASIC and operates as a Market Maker;

Tradestone Ltd, its entity in Europe, is regulated by CYSEC, and also operates as a Market Maker;

FBS Markets Inc., its entity in Belize, is regulated by FSC under a Retail Forex License.

Regulated Country	Regulated Entity	Regulatory Authority	License Type	License Number	Regulatory Status
	Intelligent Financial Markets Pty Ltd	ASIC	Market Maker	000426359
	Tradestone Ltd	CYSEC	Market Maker	331/17
	FBS Markets Inc.	FSC	Retail Forex License	000102/460

FBS Account

FBS Minimum Deposit

FBS offers a single trading account for all investors, no tiered account options. Notably, the minimum deposit to open an account is $5, incredably low, giving retail investors, especially those new to trading, much courage to start trading on this platform. Active traders, scalpers or high-frequency traders are given generous leverage up to 3000:1, increasing great trading flexibility.

Here is a comparison of FBS minimum deposit with some other forex brokers' requirements. FBS asks for the lowest minimum deposits among comparable regulator forex brokers, requiring minimal capital for traders who come with small budget.

Broker	FBS	IC Markets Global	Eightcap	eToro	FP Markets
Logo
Minimum Deposit	$5	$200	$100	$10	$200

How to open a live account with FBS?

Step 1: Click the “OPEN ACCOUNT” on the upper right corner of the FBS website, and the next page appearing will require you to enter your email address and user name.

Step 2: Then FBS will send you a confirmation link to your email to inform you to complete the verification process. Full verification will require you to upload documents and prove your identity. A driver's license, ID Card, or Passport will be OK. Then you need to fill in your phone number to get a verification code too.

Step 3: Following full verification, the FBS team will start to review your documents, and typically, your account registration can be completed within one day. After your account is created, you can start to make a deposit. FBS supports over 200 payment options, choose the proper one within your region. The minimum deposit is $5, and you can fund any amount you want to trade.

Step 4: You can start real trading on this platform after making a deposit.

Overall, the whole account opening process on the FBS platform takes around 1 day, fully online and digital. However, its full verification process can be improved. I encountered difficulties verifying my driving license, having to upload it multiple times unsuccessfully. FBS customer support informed me that this might have been due to technical issues.

FBS Demo Accounts

Like many user-friendly online brokers, FBS also offers free demo accounts for newcomers to engage in risk-free trading. The FBS demo account comes with a pre-loaded amount of USD 1,000,000 in virtual funds and the demo account lasts for 40 days, which means that your demo account can be deleted automatically after being active for a few days. FBS demo accounts can be used on MetaTrader 4, MetaTrader 5, and the FBS mobile app.

FBS's 40-day demo account, with $1,000,000 in virtual funds, focuses on practical testing. This contrasts with competitors like Eightcap, eToro, City Index, and Axi, which offer unlimited demo access but smaller virtual balances. FBS's approach may encourage quicker platform familiarization and a faster transition to live trading, though it may not suit those preferring a longer learning period.

Broker
Account Duration	40 Days	30 Days	No time limit	12 Weeks	30 Days
Amount of Virtual Funds	$1,000,000	Unlimited	$100,000	£10,000	$50,000
Unlimited	No	No	No	No	Yes

How to open a demo account with FBS?

Step 1: Click the “Open Demo Account” in the middle of the FBS homepage, and the next page popping up will require you to enter your email address and user name to proceed.

Step 2: Then you will see a dashboard where you can choose between opening a demo account or a live account. Select the “Demo” tab to proceed.

To open a demo account, you will need to make further choices, including Trading platforms ( MT4 or MT5), Account Currency ( USD, EUR, or GBP), Initial balance ( you can change to any amount under $1,000,000), and leverage according to your own trading style (leverage up to 3000:1).

Step 3: Then your demo account will be automatically created, and your account info including trading server, ID and password will be displayed clearly.

Step 4: In the last step, you can choose to start demo trading either on WebTerminal or on Desktop App. And then you can start risk-free demo trading on the FBS trading platform.

FBS Withdrawals

FBS Withdrawal Methods, Fees, and Processing Time

FBS advertises support for over 200 payment options, catering to a global clientele. Withdrawal methods include major cards like VISA, MasterCard, and Maestro, as well as e-wallets such as Neteller and Skrill. FBS also offers region-specific options in countries like Indonesia, Malaysia, and India, among others. Generally, FBS withdrawals are processed a bit quicker compared to the industry level.

Withdrawal Methods	Withdrawal Methods	Withdrawal Limits	Fees	Processing Time
	VISA	From 2 to 30,000 EUR	1 EUR	15-20 min (Max 7 Business Days)
	MasterCard	From 1 to 50,000 EUR	0.5 EUR	15-20 min (Max 7 Business Days)
	Maestro	From 5 to 5002 EUR	2 EUR	15-20 min (Max 7 Business Days)
	Skrill	From 10 to 50,000 USD	1-2%+0.29 EUR	15-20 min ( Max 48h)
	Neteller	From 4 to 25,000 USD	2% (Min 1- max 30 USD)	5-7 min (Max 48h)
	Sticpay	From 3 to 50,000 USD	0%	15-20 min ( Max 48h)
	GlobePay ( India)	From 1 to 99,999, 999, 999, 999, USD	1% to Globepay (Upon receipt)	15-20 min ( Max 48h)
	Fasapay ( Indonesia)	No limits	0.5% (min 100 IDR)	15-20 min ( Max 48h)
	JCB ( Japan)	From 2 to 3000 EUR	1 EUR	15-20 min ( Max 7 business days)
	Bitwallet	From 1 USD	Not specific (charged by payment system)	15-20 min ( Max 48 hours)
	AstroPay	From 5.50 to 10,000 USD	0.5%	15-20 min ( Max 48 hours)

How to withdraw funds from FBS?

To withdraw funds in the Trader Area, you can follow these steps:

1. Click on “Finances” in the menu.
2. Select the “Withdrawal” option.
3. Choose the preferred payment methods. FBS supports over 200 payment methods, allowing you to choose one convenient in your region.
4. Specify the trading account you want to withdraw money from.
5. Provide the requested information.
6. Type the amount of money you want to withdraw.
7. Submit your withdrawal requests, and the FBS team will review and approve your request as soon as possible.

User Reviews on FBS Withdrawals

After making a withdrawal test on the FBS platform, I consider the whole withdrawal process is quicker than the industry average. However, there are some different voices on FBS withdrawals on WikiFX.

Case 1: FBS withdrawal has not been received for 3 months

“I submit a withdrawal application on June 1, but I have not received the relevant funds so far. When I contact customer service, they keep saying that they have already remitted, so I should contact the bank myself”. Posted in 2022

FBS Withdrawal Experience Rating: ⭐

This trader from Hong Kong China posted that he submitted a withdrawal request on June 1, 2022, but he had not received the relevant funds until he wrote this review. When he contacted FBS customer service, they just gave him some excuse saying they already remitted, and the trader himself should contact the bank. This post was written a long time ago. Maybe FBS had some withdrawal issues then. This reflects that this broker has some history of withdrawal problems and it can be a warning sign for more investors to care more about their withdrawal when trading with this broker.

Case 2: Unexpected Withdrawal, amazing!

“Well, at first i dont trust fbs because it has no reviews yet but i still tried and trade here .. this is amazing because i can trade using the fbs itself or can trade in metatrader 5 .. i already try the withdrawal i took 5 mins only which is very convenient and very easy to deposit and withdraw .. and also the 5 usd minimum deposit very considerate for those who can't afford the 50 usd .. very happy with this .. i hope this amazing features continues.”

Posted on February 13, 2025

FBSWithdrawal Experience Rating: ⭐ ⭐⭐⭐⭐

A Filipino trader in recent days, citing FBS withdrawal speed and convenience, involved a relatively small amount, and he was impressed by FBS's amazing withdrawal process. But we should be notable if a large amount can be so smooth too.

FBS Review on Trading Platforms

FBS gives traders three choices of trading platform options: MetaTrader 4, MetaTrader 5, and FBS App.

• MetaTrader 4 (MT4):FBS MT4 is more suitable for beginners, known for its user-friendly interface and extensive charting tools. On the FBS MT4 platform, traders can get access to currency pairs, commodities, and indices, and it features an ultra-fast order execution speed of 0.01 seconds. FBS MetaTrader 4 is free to download and use, and no fees or charges for using the platform.
  
• MetaTrader 5 (MT5): FBS MT5 is generally preferred by more experienced traders who need these extra features. With its focus on stock, commodities, and indices trading, it provides more sophisticated charting tools. FBS also comes with a quick order execution speed of 0.01 seconds. FBS MetaTrader 5 is free to download and use. No fees or charges are involved for using the platform.
  
• FBS Mobile App: This is a proprietary mobile app designed for trading on the go, available for both Android and iOS devices. The FBS app features data encryption, secure login, and regular updates.
  

Is FBS good for beginners?

The answer is yes. First, the low minimum deposit is quite appealing for those new to trading, but that's not the whole story. The second point matters - regulation. FBS operates under a regulatory framework in Australia, Belize, and Europe. Also, FBS employs the industry-leading MetaTrader, with an intuitive interface, giving beginners great courage in trading. FBS offers free demo accounts, though lasting 40 days only, giving beginners risk-free trading opportunities, essential for gaining more trading experience However, FBS's educational content seems too basic compared with its competitors, and I am afraid beginners might struggle due to lack of useful guidance. And FBS should improve its educational offerings.