Overview
FBS was founded in 2009 and has grown to serve over 27 million clients across 150 countries, making it one of the most widely registered brokers globally. The broker is particularly popular in Southeast Asia — especially Thailand, Indonesia, Vietnam, and Malaysia — as well as Africa and Latin America. FBS offers a variety of account types including a Cent account with a $1 minimum deposit, making it accessible to traders with very small capital.
Pros
- Extremely low entry barrier: Start trading with just $1 on the Cent account
- Generous bonuses: Regular deposit bonuses, cashback, and trading contests
- Cent and Micro accounts: Perfect for learning with minimal real-money risk
- Wide presence in Southeast Asia: Strong multilingual support in Thai, Indonesian, Malay, and Vietnamese
- MT4 and MT5 support: Full MetaTrader 4 and 5 access on all account types
Cons
- CySEC + IFSC only: Regulatory coverage is limited — the main entity is Belize-regulated (IFSC), which is considered offshore
- High standard spreads: EUR/USD on Standard account can be above 2.0 pips
- Bonus conditions restrictive: Bonus funds have complex withdrawal conditions
- Limited instruments: Fewer instruments than major competitors
- No TradingView or cTrader: Platform diversity is limited to MT4/MT5 only
Spreads & Fees
| Account Type | EUR/USD Spread | Commission | All-In Cost |
|---|---|---|---|
| Cent | From 1.0 pips | None | ~1.0 pips |
| Micro | From 2.0 pips | None | ~2.0 pips |
| Standard | From 0.5 pips | None | ~0.5 pips |
| Zero Spread | From 0.0 pips | $20/lot | Varies |
Overnight (Swap) Fees: Standard rates; swap-free (Islamic) accounts available. Withdrawal Fees: Free for most methods. Inactivity Fee: None.