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WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

FBS

Belize Belize | 5-10 years | Environment A |
ECN Account Regulated in Australia | Market Making License (MM) | MT4 Full License | Global Business | High potential risk

http://fbs.com/

Website

Rating Index

Environment

Environment

A

Average transaction speed (ms)

413.1 Good

MT4/5

Full License

FBS-Demo

United Kingdom
United Kingdom
MT4
369

Influence

AA

Influence index NO.1

Cote d'IvoireCote d'Ivoire8.02
The WikiFX Score of this broker is reduced because of too many complaints!

Environment

Speed:A

Slippage:B

Cost:C

Disconnected:AAA

Rollover:AA

MT4/5 Identification

MT4/5 Identification

Full License

369
Server Name
FBS-DemoMT4
Server LocationUnited KingdomUnited Kingdom

Influence

Influence

AA

Influence index NO.1

Cote d'IvoireCote d'Ivoire8.02
Surpassed 75.80% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+357 22 010970
support@fbs.com
http://fbs.com/
The Bentley, #16 Cor A Street & Princess Margaret Drive, Belize City, Belize
WikiFX Risk Alerts
  • WikiFX has received a total of 170 user complaints against this broker, please be aware of the risks and do not be scammed!
2

Basic Information

Registered Region
Belize Belize
Operating Period
5-10 years
Company Name
FBS Markets Inc
Abbreviation
FBS
Company employee
--
Customer Service Email Address
support@fbs.com
Contact Number
+35722010970
Company Website
Company Address
The Bentley, #16 Cor A Street & Princess Margaret Drive, Belize City, Belize
ummi Sannu

ummi Sannu

Verified

Iraq

I traded and bought the USD/JPY pair at the price of 135.098 with a volume of 0.2 lots. The market reached 135.2, and I lost $25, then it dropped to 135.07, but I only lost $3, and I closed the trade.

Exposure

Musa Nine

Musa Nine

Verified

United Arab Emirates

I would like to share with you a genuine review of this broker, particularly regarding the severe slippage issue. I entered the world of forex trading with high expectations, but this broker was a huge disappointment.

Exposure

Aisha Mai Samari

Aisha Mai Samari

Verified

Iraq

أعتقد أنه لا توجد إدارة في هذه الشركة وأن جميع الموجودين هنا لا يقومون بعملهم .. منذ الأيام الثلاثة الماضية بعد سحب أرباحي .. عدم الإفراج عنها ..

Exposure

BIDEN

BIDEN

Authenticated
Verified

Indonesia

Using FBS is quite comfortable for daily trading. Execution is fairly fast, and the spreads are competitive for major pairs. The mobile app is lightweight, making it convenient for quickly checking positions. It's suitable for those who need a simple yet stable platform for technical execution.

Neutral

Neutral

Ahmed736

Ahmed736

Verified

Indonesia

FBS is a joke… account shows funds available but when you try to trade it rejects with ‘not enough money’. They just manipulate the platform to stop traders from opening profitable trades. Feels like a straight scam

Exposure

David3653

David3653

Verified

Israel

A broker should be truthful transparent and supportive allowing traders to grow This one has proven to be the opposite I traded with them for a long time even when I was blowing accounts there were never any issues The moment I started making growth everything changed Withdrawals became impossible Deposits were rejected The response I received was that the manager rejected my deposit This broker supports losing traders and oppresses growing traders Instead of encouraging success they punish it A fair broker helps traders grow but this one blocks withdrawals rejects deposits and destroys trust

Exposure

Vin⃟tTan | YLT.Xz

Vin⃟tTan | YLT.Xz

Verified

Malaysia

A platform with unclear rules that can arbitrarily set profits after the market closes is called abusing power to manipulate price trends. I sold AMD at $1021, and AMD's opening price on August 6 was 1022, but the system set a TP at $1023, resulting in the position being closed at $1024 the next day at the open. I want to ask, isn't the opening price supposed to be based on the market price? Can the system freely manipulate prices?? I have repeatedly requested compensation from customer service, but they refuse every time. If you plan to use FBS, you'd better be careful! FBS is simply a black platform, a price-manipulating platform! I strongly advise against using it, and I will continue to expose it on various platforms!

Exposure

djjsb

djjsb

Verified

India

When i earned profit 2k+ USD and want to withdraw, they always reject it. I used the same method as my deposit but FBS still didnt allow it. I have email them several times but no response

Exposure

brosan

brosan

Verified

Indonesia

since 2010. I trade with FBS. 2025 i trade again. never disappointed.

Positive

Positive

FX4120275928

FX4120275928

Verified

India

I registered with FBS a little under two years ago and successfully grew my account. After i made some successfully withdrawals FBS disabled my account citing verification as the initial reason. Since then the accusations have grown wild and varied.

Exposure

FX3025090528

FX3025090528

Verified

India

I made a withdrawal $9 via debit card from FBS they say that in takes 3-5 days but all of that has past now and still nothing on my bank account contacted them in live chat, email support but all they give me is tracking number, Im worried about my remaining profit can I still grow it I'm even afraid to withdraw it because they will tell me stories again. contacted my bank and their tracking number is all a lie.

Exposure

FX6431219482

FX6431219482

Verified

India

After depositing about $248 into my FBS account and making a good profit, FBS blocked my account. They cited an anti-money laundering (AML) check as the reason, despite the small initial deposit. To verify my account, they requested several documents: a video selfie with my ID, screenshots of my deposit transactions, proof of residence, and proof of the origin of my funds. I submitted everything they asked for on the same day, including my payroll, bank statements showing the deposit to my crypto wallet, the Tether buy order used to fund my FBS account, and a video selfie. I contacted their live chat support to ask about the timeline for the investigation, when I could resume trading, and when I could withdraw my funds. I received no specific answers, only a response to "wait for a new email." The following day, I discovered they had removed all my profits—approximately $1,099.65—through a "Balance Fixed operation."

Exposure

FX1584020804

FX1584020804

Verified

India

I sold a tesla stock before earning the report and the next day I made a profit from my trade. I sold Facebook stock before the earnings report and when FBS realized that Facebook was dropping about 20% during pre-market they decide to manually set TP on my Facebook trade hence preventing me from making almost 3000USD profit the next day. I complained to FBS and they informed me that according to the FBS agreement they are allowed to set TP for a client. I asked them why they didn't set a TP to the Tesla trade because the Tesla trade had the same trade condition as the Facebook trade and they failed to give me a satisfactory answer. FBS's failure to set TP on Tesla trade made me risk 200USD on Facebook stock and I lost 147USD plus profits I would have made if I had traded with another broker.

Exposure

FX3599344853

FX3599344853

Verified

India

I have been trading with FBS for a few months now, after i made profit they decided I cannot withdraw with crypto (which happens to be my deposit method, instead I was told i can only withdraw some parts of it (my sole deposit) with crypto and the rest I have to withdraw directly to my local bank. So when I tried doing such, they kept declining my withdrawal requests on both local bank and crypto. So i started chatting with their agents and none of them seem to have an explanation as to why they cannot process my withdrawal. Later on that same day about 17:00pm my whole balance of $2618 was wiped. When i chat the customer care agents again I was told it was an error and i will get an email regarding the issue. Later at night on that same day they deactivated my account, deleted all my trading and transaction history.

Exposure

skysc

skysc

Verified

India

They cancel bonus at 65% equity to blow account but they say in TnC that bonus will be cancelled if equity/balance falls below 30% of bonus amount. This is how they blow accounts

Exposure

FX3269507792

FX3269507792

Verified

India

FBS arbitrarily removed my profit after the CPI On August 12, 2025, during the U.S. CPI announcement, I traded GBP/USD legitimately and made a profit of USD 1,148.80. I made a partial withdrawal of USD 100, and hours later, FBS applied an adjustment called “Balance Fixed”, removing USD 586.42 from my account.

Exposure

FX4015831434

FX4015831434

Verified

India

Since i was been in this trading journey i have never be down or had a bad experience like this and this is heartbreaking, i have an opened position before the market was closed and put stop loss in all, when the market open as usually FBS will not open xauusd on time, by the time fbs open my opens posistion has hit stop loss which is ok for me to accept my losses, BUT it is so unfortunate that my remaining balance of $525 was wiped off by this called fbs, I messages and they send me a form to fill and send it to their email, which i went through all the processing on top of my own money but they called it CLAIMS i don't get that part all!!, now it almost 24 hours without anything be done, what did i do to deserve this? It's a crime to use fbs broker because this causes so much pain and I can't get it out of my head.

Exposure

FX4090428331

FX4090428331

Verified

India

I used to dismiss claims that FBS manipulates trades to make clients lose money, but today I experienced something that’s hard to ignore. I had a buy position on XAGUSD opened since 28/07/2020. On 31/07/2020, FBS suddenly closed it, claiming the price dropped to $18.667. Not a single other source showed anything close to $18. Screenshots from different platforms clearly show the discrepancy: only FBS had silver priced in the $18 range that day. Because of that, my account balance of over $318 was wiped out when my position was forcibly closed. Based on this experience, I would advise extreme caution when trading with FBS. Something about their price feed doesn’t align with the wider market, and it cost me my trade and funds.

Exposure

FX3511504777

FX3511504777

Verified

India

These guys got a very poor services, they will not let you withdrawal your money so the solution is do not deposit because, i made a withdrawal and they didn’t approved the transaction and keep saying try again later but in the end they rejected the withdrawal they do not give me the money, STAY AWAY FROM these

Exposure

FX3519963551

FX3519963551

Verified

India

I tried FBS CopyTrade and it turned out to be a complete scam. Even when the trader’s chart showed profit, I was losing a huge amount of money. When I questioned them, their response shocked me — they said, “You are not allowed to see what the trader is doing because of our privacy policy.” This basically means they can do whatever they want with your funds. There’s zero transparency, so you’ll never understand how a trader’s small 2% drop could wipe out 50% of your investment. Everything is hidden under the excuse of “privacy.” Be careful — FBS is a fraudulent broker.

Exposure

FX2502764202

FX2502764202

Verified

India

The market didn’t even touch my SL, yet it still got triggered. As you can see, the candlestick only went down to 2651.74, while my SL was set at 2652.00. Can someone explain how this happened?!

Exposure

saaki

saaki

Verified

India

Be truthful and transparent by letting traders grow not oppressing them when they make a little profit. this broker has turned out to be one of those that supports losing traders and oppress growing traders. I have been trading with them blowing accounts and never had any issues but since I started making a little growth then I can no longer withdraw money even making a deposit and their response to the deposit is that the manager rejected by deposit.

Exposure

HOKIO

HOKIO

Verified

Indonesia

SLIPPAGES AND THERE ARE HIDDEN SPREADS STOPLOSS THAT SHOULD BE $2.2 BECOMES $3.1

Exposure

203
Account
Related Software
Environment
WikiFX Data
Marketing Strategy
Biz Area
Website
Genealogy
Related Companies
Employees
Company Summary
Disclosure
News
Wiki Q&A
Comment
MT4/5
Full License MT4
Full License MT4
White Label MT5
White Label MT5
15
MT4 Servers
6
MT5 Servers
158.30
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4
Meta Trader 4
Perfect
Meta Trader 5
Meta Trader 5
Perfect
Meta Trader 5
Meta Trader 5
Perfect
Meta Trader 4
Meta Trader 4
Perfect
Meta Trader 5
Meta Trader 5
Perfect

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Official website

Environment

Average transaction speed(ms)
413.1 Good
The highest transaction speed(ms)
2 Perfect
The highest speed of opening positions(ms)
17 Perfect
The highest speed of closing position(ms)
2 Perfect
The lowest speed of opening positions(ms)
1987 Poor
The lowest speed of closing position(ms)
1891
15.18USD/Lot Good
35.76USD/Lot Good
Long: -5.46USD/Lot    Short: 3.07USD/Lot Great
Long: -45.9USD/Lot    Short: 24.91USD/Lot Poor
Average slippage
0.3
Maximum transaction slippage
29 Poor
Maximum positive slippage
-2 Great
Maximum negative slippage
29 Poor
Average disconnection frequency (times/day)
0.1 Perfect
Average reconnection time (millisecond/per request)
29.8
Ranking: 69 / 125
Test user 8,202
Orders 118,942
Ocuppied margin $116,139,937 USD
Data Source
vpsWikiFX Data provide
Updated:2026-01-12 01:00:00

Total Margin Trend

VPS RegionUserProductsClosing time
SingaporeSingapore580***XAUUSD01-13 16:10:55
DubaiDubai454***XAUUSD01-13 16:12:03
TokyoTokyo305***XAUUSD01-13 16:11:23

Stop Out

0.70%

Stop Out Symbol Distribution

6 months

Sources
Language
Mkt. Analysis
Creatives

Website

Most visited countries/areas
IndonesiaIndonesia
MyanmarMyanmar
  • United States indofbs-broker.com
    172.67.71.110
  • United States fbsindonesia-trade.com
    104.26.12.20
  • United States fbsvnbroker.com
    104.26.0.212
  • United States ind-fbs-trading.com
    104.26.0.84
  • United States prrdr.com
    172.67.136.131
  • United States ms-brokerfbs.com
    172.67.73.225
View More

Genealogy

vip Subscribe in the App to unlock!
Download APP
vipvip
FBS

Related Companies

TRADESTONE LIMITED(Cyprus)
Cyprus
TRADESTONE LIMITED(Cyprus)
Active
Cyprus
Registration No.
HE353534
Established
INTELLIGENT FINANCIAL MARKETS PTY LTD(Australia)
Australia
INTELLIGENT FINANCIAL MARKETS PTY LTD(Australia)
Active
Australia
Registration No.
155185014
Established
FBS MARKETS INC.(Belize)
Belize
FBS MARKETS INC.(Belize)
Active
Belize
Registration No.
RA000693_119717
Established
Employees

Company Summary

Quick FBS Review Summary
Founded1995
Registered Country/RegionBelize
RegulationASIC, CySEC, FSC (Offshore)
Market Instruments550+, currency pairs, metals, energies, indices, shares
Demo Account
Min Deposit$5
LeverageUp to 1:3000
EUR/USD SpreadFloating around 0.9 pips
Trading PlatformFBS app, MT4, MT5
Payment MethodsVisa, MasterCard, Sticpay, etc. (vary by region)
Customer Support24/7 live chat, callback, Help Center
Regional RestrictionsThe USA, the EU, the UK, Israel, the Islamic Republic of Iran, Myanmar

FBS Information

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.

FBS's homepage

Pros and Cons

Pros Cons
Regulated by ASIC and CySECOffshore FSC license
Various trading assetsRegional restrictions
Leverage up to 1:3000
MT4/MT5 available
Low minimum deposit requirement
24/7 multi-channel cutsomer support

Is FBS Legit?

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 CountryRegulated byCurrent StatusRegulated EntityLicense TypeLicense Number
Australia
Australia Securities & Investment Commission (ASIC)RegulatedIntelligent Financial Markets Pty LtdMarket Making (MM)000426359
Cyprus
Cyprus Securities and Exchange Commission (CySEC)RegulatedTradestone LtdMarket Making (MM)331/17
Belize
Financial Services Commission (FSC)Offshore RegulatedFBS Markets Inc.Retail Forex License000102/460
Is FBS Legit?
Is FBS Legit?
Is FBS Legit?
Is FBS Legit?

What Can I Trade on FBS?

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
What Can I Trade on FBS?

Leverage

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.

Spread and Commission

FBS offers floating spreads from 0.7 pips and no commissions charged.

Trading Platform

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 PlatformSupported Available Devices Suitable for
FBS appiOS, Android/
MT4iOS, Android, macOS, WindowsBeginners
MT5iOS, Android, macOS, WindowsExperienced traders
Trading Platform

Deposit and Withdrawal

FBS says to accept 200+ payment methods, such as VISA, Mastercard, Sticpay, etc. (vary on the region). The minimum deposit is $5, and no commissions are charged.

Payment methods

Keywords

  • 2025 SkyLine Thailand 2025 SkyLine Thailand
  • 5-10 years
  • Regulated in Australia
  • Regulated in Cyprus
  • Market Making License (MM)
  • MT4 Full License
  • White label MT5
  • Self-developed
  • Global Business
  • High potential risk

News

FBS Review: The "Balance Fixed" Trap and the $30,000 Ghost Candle

Exposure FBS Review: The "Balance Fixed" Trap and the $30,000 Ghost Candle

One hundred and seventy. That is the number of complaints WikiFX has received against FBS in just the last three months. In the world of retail trading, a dozen complaints is a concern; 170 is a crime scene. While FBS flaunts a "Double A" influence rank and claims to be a user-friendly broker established in 2017, the data paints a picture of a digital casino where the house doesn't just rely on probability—it reportedly alters the game board.

FBS AI Assistant: Trading Tool for Real-Time Market Analysis

News FBS AI Assistant: Trading Tool for Real-Time Market Analysis

FBS launches an AI Assistant powered by OpenAI technology to help traders analyze charts, detect trends, and make data-driven trading decisions faster and more confidently.

FBS Added AI tool for Rapid Forex Insights

News FBS Added AI tool for Rapid Forex Insights

FBS AI trading assistant that translates forex charts into fast, clear insights and one‑click trade ideas to reduce errors and speed decisions.

FBS: Ethereum Becomes Wall Street’s Base Layer

News FBS: Ethereum Becomes Wall Street’s Base Layer

FBS’s research reveals institutions now anchor finance on Ethereum, driven by staking rewards, Layer 2 scaling, ETF momentum, and real-world asset tokenization—a decisive Wall Street shift.

Trusted by Millions: FBS Wins Best Islamic Forex Broker Asia 2025

News Trusted by Millions: FBS Wins Best Islamic Forex Broker Asia 2025

FBS announces its latest recognition as the Best Islamic Forex Broker Asia 2025. The BRM awards highlight FBS‘s ongoing commitment to creating trading conditions that respect clients’ values while ens

FBS Empowers Traders in Thailand with Partner-Led Seminar

News FBS Empowers Traders in Thailand with Partner-Led Seminar

On June 29, FBS brought traders and Partners together for an expert seminar in Thailand, hosted by Hirunyapong Wongfutan, one of FBSs most experienced Partners. Over 100 participants joined, ready to

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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
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