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Score
Belize
5-10 yearsRegulated in Australia
Market Making(MM)
MT4 Full License
Global Business
High potential risk
Offshore Regulated
Benchmark
Influence
Add brokers
Comparison
Quantity 19
Exposure
Score
Regulatory Index8.72
Business Index7.53
Risk Management Index0.00
Software Index9.99
License Index8.72
Single Core
1G
40G
Danger
Danger
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Company Name
FBS Markets Inc
Company Abbreviation
FBS
Platform registered country and region
Belize
Company website
YouTube
35799173422
Company summary
Pyramid scheme complaint
Expose
What is reason for the inability of trading since June 14th.
Apply for withdrawal on June 17 and it has not been received yet. FBS becomes a fraud platform now and they have absconded.
Fraud platform FBS refuse to withdraw my money after I earn profit and it requires me to use the card of Postal Savings Bank of China for withdrawal. I hope staff can mediate FBS to allow me withdraw through Bank of China
The website was https://fx-fbs.cn. It rejected my withdrawal for many times even if there was only $132 in my account. I filled in the bank account when depositing as they told but still failed. I wanted to withdraw by SKRILL but they required UnionPay instead. I wanted to withdraw $132 to my former account right now.
Huanhuan Li, Peng Lin, scam me. Be vigilant against FBS. I’m cheated of ¥30,000
I want to withdraw, but the FBS requires me to use card of Postal Savings Bank of China, not the card of Bank of China which I use to deposit yesterday.
Every morning from 5:00 to 6:00, the spread is several hundred pips, which is dozens of times of normal trading. The malicious expansion of the spread is forced to close the position, and the profit order is often forced to close the position.
The extraction condition of so-called complimentary 100 is extremely harsh.Most people couldn’t withdraw it.It needs you to complete 500 shares within 50 days,with 30 days of activity,each time 0.01 at most,maximum 5 orders a time and the profit or loss of the order over 100 microdots.When I nearly completed it and withdrew it,the system show that I was trading illegally.The fact is the illegal trading orders were impossible to be listed.I would warn you to withdraw your fund immediately and not deposit in this platform.It is wasting time of earning the complimentary 100.Shameless!
From 2022.6.14, FBS MT5 cannot place orders, what is the reason, does anyone know?
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.
FBS rejected withdrawal for 5 times. The customer service refused to approve it due to many uncertain reasons. I deposited and withdrew as they required. They said the payment system rejected it. They could approve my withdrawal if they wanted to.
Every morning from 5:00 to 6:00 Beijing time, the spread is maliciously expanded. It is difficult to deposit funds when the daily orders are about to be liquidated, and the funds will be restored when the positions are liquidated. When the market fluctuates greatly, it is difficult to deposit funds. This means that the trader indirectly liquidates the position. The following is the malicious expansion of the spread and the liquidation. The corresponding time is about 5:14 Beijing time. The original profit order was forced to maliciously expand the spread and liquidated the position.
Because of the serious slippage,the fixed spread account also floated.The platform had no solution to it.
It is my first to operate on this platform, where it offers only ten more tradable currencies. Though I was given 100 dollars, trades making are apt to be prevented while closing out allowed. That is crappy platform.
Me and my friends are newcomers in Forex. We found a platform and decided to have a try. It’s been a month. Yesterday, January 29th, all their positions were liquidated. All our operations were normal. Don’t invest in this platform. Find yourself a more reliable one.
Things pass by, my friend in a business that understands this platform, because of a bad or something is suitable for, to open an account in gold, and then he learned that give to open an account with a gold, let me try, ok I try, then the profit, this wanted to try out first time, no matter how many, can look out of the idea of gold, if is normal, also exactly this platform, because I itself is more trading platform, has always been very well, ok, profit, to gold, according to requirement is not enough, asked customer service said there is no my account, well, forgive me, after all which has oversight, I let my friend is try, the result is the same,Decisive by black!Fortunately the fund is not big, remind you to collect friend, lift put lift just as well, be careful
Quick FBS Review Summary | |
Founded | 1995 |
Registered Country/Region | Belize |
Regulation | ASIC, CySEC, FSC (Offshore) |
Market Instruments | 550+, currency pairs, metals, energies, indices, shares |
Demo Account | ✅ |
Min Deposit | $5 |
Leverage | Up to 1:3000 |
EUR/USD Spread | Floating around 0.9 pips |
Trading Platform | FBS app, MT4, MT5 |
Payment Methods | Visa, MasterCard, Sticpay |
Customer Support | 24/7 live chat, callback, Help Center |
Regional Restrictions | The USA, the EU, the UK, Israel, the Islamic Republic of Iran, Myanmar |
FBS is a regulated broker that provides 550+ tradable instruments, including currency pairs, metals, energies, indices, and shares with leverage up to 1:3000, spread from 0.0 pips and commissions from 0% through FBS app, MT4 and MT5 trading platforms. The minimum deposit requirement is just $5.
Pros | Cons |
Regulated by ASIC and CySEC | Offshore FSC license |
Various trading assets | Regional restrictions |
Leverage up to 1:3000 | |
MT4/MT5 available | |
Low minimum deposit requirement | |
24/7 multi-channel cutsomer support |
Yes. FBS is regulated by ASIC in Australia and CySEC in Cyprus, and offshore regulated by FSC in Belize. Regulated brokers are safer than unregulated ones, but investing is inevitably risky.
Regulated Country | Regulated by | Current Status | Regulated Entity | License Type | License Number |
Australia Securities & Investment Commission (ASIC) | Regulated | Intelligent Financial Markets Pty Ltd | Market Making (MM) | 000426359 | |
Cyprus Securities and Exchange Commission (CySEC) | Regulated | Tradestone Ltd | Market Making (MM) | 331/17 | |
Financial Services Commission (FSC) | Offshore Regulated | FBS Markets Inc. | Retail Forex License | 000102/460 |
Traders can invest in 550+ trading instruments, including currency pairs, metals, energies, indices, and shares.
Tradable Instruments | Supported |
Currency Pairs | ✔ |
Metals | ✔ |
Energies | ✔ |
Indices | ✔ |
Shares | ✔ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
The maximum leverage is capped at 1:3000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
FBS offers floating spreads from 0.7 pips and no commissions charged.
FBS has an authoritative MT4 and MT5 trading platform, favorited by traders ranging from junior to senior traders, and FBS also offers the proprietary trading platform FBS app.
Trading Platform | Supported | Available Devices | Suitable for |
FBS app | ✔ | iOS, Android | / |
MT4 | ✔ | iOS, Android, macOS, Windows | Beginners |
MT5 | ✔ | iOS, Android, macOS, Windows | Experienced traders |
FBS says to accept 200+ payment methods, such as VISA and Mastercard, etc. (vary on the region). The minimum deposit is $5, and no commissions are charged.
We are glad to announce our participation in the upcoming iFX Expo Dubai! The event will take place from January 15–16, 2025, at the Dubai World Trade Centre.As a Bronze Sponsor, FBS invites you to Bo
We are proud to share our 2024 Corporate Social Responsibility (CSR) achievements, demonstrating FBSs commitment to creating positive change worldwide.Over the past year, FBS has carried out 16 impact
FBS is kicking off the New Year with the Happy New Trade promo, running until January 26, 2025. Designed to help traders turn their New Years resolutions into reality, the campaign offers exclusive re
On a vibrant day in Nigeria, over 100 eager participants joined The Forex Winning Matrix seminar hosted by FBS partner!The event was buzzing with energy as attendees explored two informative topics:Te
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