My opinion on FBS
FBS presents itself as a highly accessible global broker with a very low minimum deposit of just over $1 for Canadian users.With transparent and competitive spreads starting from 0.7 pips (Standard account), FBS aims to appeal to both budget-conscious traders and those seeking substantial leverage (up to 1:3000).The broker offers 100+ CFDs across forex, stocks, indices, commodities, and a handful of crypto pairs, but does not include ETFs or spot crypto.Operating under CySEC regulation (not IIROC-regulated for Canada), FBS assures some regulatory oversight, but Canadian clients are categorized under international regulation.Key strengths include multiple account types (including Islamic/swap-free), free demo accounts, popular MetaTrader platforms, and the proprietary FBS CopyTrade app for social trading.In comparison to competitors, FBS stands out for its ultra-low minimum deposit, robust leverage, and user-friendly copy trading tools, but is outmatched in sheer asset variety and raw spread pricing by platforms like Eightcap or Fusion Markets.Established in 2009, FBS claims over 20 million traders worldwide and maintains a 4.2/5 Trustpilot score based on 20,000+ reviews, supporting its status as a reliable entry-level broker.
Based on my experience, FBS is best suited for the following types of traders:
➡️ Beginner traders with limited capital
With a minimum deposit of just $1, FBS is ideal for new traders or those with small starting capital who want to explore CFD trading without a large upfront investment.
➡️ Traders seeking high leverage and account flexibility
FBS offers leverage up to 1:3000, multiple account types (including Islamic/swap-free accounts), and raw spread options—attractive for those who want flexibility in their trading style and risk exposure.
➡️ Copy trading users and MetaTrader fans
Thanks to its proprietary FBS CopyTrade app and full support for MetaTrader 4/5, FBS caters to both manual and social trading strategies, making it well-suited for users interested in automated or passive investing.
- ✅Ultra-low minimum deposit for Canadians (from $1.05 USD)
- ✅Competitive variable spreads—EUR/USD from 0.7 pips (Standard account)
- ✅Wide choice of account types (Standard, Cent, Micro, Zero Spread, ECN, Crypto)
- ✅Maximum leverage up to 1:3000 on some accounts
- ✅Over 100 CFD instruments (currencies, stocks, indices, commodities, crypto)
- ✅Supports MetaTrader 4, MetaTrader 5, and an intuitive proprietary mobile trading app
- ✅Proprietary FBS CopyTrade app for social and copy trading
- ✅Free demo accounts available with no explicit time limit
- ✅Islamic (swap-free) account option for Canadian users
- ✅No account opening or inactivity fees
- ✅Fast and varied deposit/withdrawal options (bank cards, e-wallets, local methods)—many are instant
- ✅Responsive, multilingual customer support available 24/7
- ❌Not regulated in Canada; Canadian residents trade under offshore (CySEC) license
- ❌Relatively limited asset list (100+) compared to some competitors (e.g., Eightcap 800+)
- ❌No direct spot crypto, staking, earn, or wallet services—crypto CFDs only
- ❌CFD-only trading; no physical stock or ETF investing
- ❌Withdrawal fees may apply depending on chosen method
- ❌Commissions charged on ECN and Zero Spread accounts
- ❌No native integration with TradingView or advanced order types beyond MetaTrader standard
- ❌Few crypto CFDs available; limited variety for crypto traders
- ❌No lending, staking, or DeFi features
Score- ✅Ultra-low minimum deposit for Canadians (from $1.05 USD)
- ✅Competitive variable spreads—EUR/USD from 0.7 pips (Standard account)
- ✅Wide choice of account types (Standard, Cent, Micro, Zero Spread, ECN, Crypto)
- ✅Maximum leverage up to 1:3000 on some accounts
- ✅Over 100 CFD instruments (currencies, stocks, indices, commodities, crypto)
- ✅Supports MetaTrader 4, MetaTrader 5, and an intuitive proprietary mobile trading app
- ✅Proprietary FBS CopyTrade app for social and copy trading
- ✅Free demo accounts available with no explicit time limit
- ✅Islamic (swap-free) account option for Canadian users
- ✅No account opening or inactivity fees
- ✅Fast and varied deposit/withdrawal options (bank cards, e-wallets, local methods)—many are instant
- ✅Responsive, multilingual customer support available 24/7
My opinion on FBS
- ✅Ultra-low minimum deposit for Canadians (from $1.05 USD)
- ✅Competitive variable spreads—EUR/USD from 0.7 pips (Standard account)
- ✅Wide choice of account types (Standard, Cent, Micro, Zero Spread, ECN, Crypto)
- ✅Maximum leverage up to 1:3000 on some accounts
- ✅Over 100 CFD instruments (currencies, stocks, indices, commodities, crypto)
- ✅Supports MetaTrader 4, MetaTrader 5, and an intuitive proprietary mobile trading app
- ✅Proprietary FBS CopyTrade app for social and copy trading
- ✅Free demo accounts available with no explicit time limit
- ✅Islamic (swap-free) account option for Canadian users
- ✅No account opening or inactivity fees
- ✅Fast and varied deposit/withdrawal options (bank cards, e-wallets, local methods)—many are instant
- ✅Responsive, multilingual customer support available 24/7
- ❌Not regulated in Canada; Canadian residents trade under offshore (CySEC) license
- ❌Relatively limited asset list (100+) compared to some competitors (e.g., Eightcap 800+)
- ❌No direct spot crypto, staking, earn, or wallet services—crypto CFDs only
- ❌CFD-only trading; no physical stock or ETF investing
- ❌Withdrawal fees may apply depending on chosen method
- ❌Commissions charged on ECN and Zero Spread accounts
- ❌No native integration with TradingView or advanced order types beyond MetaTrader standard
- ❌Few crypto CFDs available; limited variety for crypto traders
- ❌No lending, staking, or DeFi features
Score- ✅Ultra-low minimum deposit for Canadians (from $1.05 USD)
- ✅Competitive variable spreads—EUR/USD from 0.7 pips (Standard account)
- ✅Wide choice of account types (Standard, Cent, Micro, Zero Spread, ECN, Crypto)
- ✅Maximum leverage up to 1:3000 on some accounts
- ✅Over 100 CFD instruments (currencies, stocks, indices, commodities, crypto)
- ✅Supports MetaTrader 4, MetaTrader 5, and an intuitive proprietary mobile trading app
- ✅Proprietary FBS CopyTrade app for social and copy trading
- ✅Free demo accounts available with no explicit time limit
- ✅Islamic (swap-free) account option for Canadian users
- ✅No account opening or inactivity fees
- ✅Fast and varied deposit/withdrawal options (bank cards, e-wallets, local methods)—many are instant
- ✅Responsive, multilingual customer support available 24/7
With a minimum deposit of just $1, FBS is ideal for new traders or those with small starting capital who want to explore CFD trading without a large upfront investment. ➡️ Traders seeking high leverage and account flexibility
FBS offers leverage up to 1:3000, multiple account types (including Islamic/swap-free accounts), and raw spread options—attractive for those who want flexibility in their trading style and risk exposure. ➡️ Copy trading users and MetaTrader fans
Thanks to its proprietary FBS CopyTrade app and full support for MetaTrader 4/5, FBS caters to both manual and social trading strategies, making it well-suited for users interested in automated or passive investing.
Why trust Hellosafe?
I made sure to test FBS directly, opening and funding an account so I could trade on both MT4 and the FBS Trader app. I tried different order types, checked spreads and commissions in real time, and used the CopyTrade app to follow experienced traders, gauging how straightforward it is for beginners.
Throughout my review, I compared FBS to other well-known brokers—looking for differences in fees, trading tools, account types, and how easy it is to withdraw funds. I reached out to customer support to see how responsive and helpful they are, and explored whether FBS is suitable for someone just starting out or more advanced traders looking for high leverage.
All of my feedback is based on actual hands-on experience and honest comparisons with brokers offering similar crypto and CFD services. My aim is to share practical insights to help Canadian traders understand if FBS’s affordability, copy trading, and platform quality fit their needs, and where they might find limitations compared to bigger industry players.
FBS at a glance
| Fonctionnalité | Détail |
|---|---|
| 💰 Dépôt minimum | $1.05 USD (varies by account type) |
| 🛡️ Régulation | CySEC (Cyprus); not regulated by Canadian authorities |
| 🪙 Licence crypto | Not available (crypto trading via CFDs only) |
| 📄 Enregistrement FSMA | Not registered |
| 🌐 Actifs disponibles | 100+ (forex pairs, stock CFDs, indices, commodities, crypto CFDs) |
| 📊 Plateformes de trading | MetaTrader 4 (MT4), MetaTrader 5 (MT5), FBS Trader app |
| 🛠️ Outils de trading | Advanced charting, technical indicators, automated trading, FBS CopyTrade app |
| 🧪 Compte démo | Yes, free demo account |
| ☪️ Compte islamique | Available (swap-free, most account types) |
| 📝 Ordres clés | Market, limit, stop, stop-limit orders |
| ⚖️ Effet de levier | Up to 1:3000 (varies by asset/account; may be lower for some regions) |
| 💸 Frais | No account or inactivity fee; spreads from 0.7 pips (Standard); zero commission (Standard/Cent); withdrawal fees may apply |
| 📞 Support client | Live chat, email, phone; 24/7 support |
| ⭐ Avis Trustpilot | 4.2/5 (20,000+ reviews as of June 2025) |
Security and Regulation
FBS delivers an attractive package for traders looking for low barriers to entry, with a minimal deposit requirement and high leverage. However, in terms of security and reliability, I view the broker as average compared to the broader market. Being regulated by CySEC provides some degree of oversight and operational standards, but the absence of Canadian IIROC/CIRO regulation removes key investor safeguards, including access to local compensation schemes and dispute resolution channels for Canadian clients.
Client funds at FBS are held in segregated accounts, an important industry-standard protection. The platform also supplies essential risk management tools such as stop loss, negative balance protection, and two-factor authentication across all trading platforms. Though these measures meet the expectations for global forex and CFD brokers, there are no additional guarantees—such as third-party insurance or proof-of-reserves for crypto exposures—that could set FBS apart in terms of fund safety.
FBS maintains a respectable presence within international trading communities, largely thanks to its accessible platform, responsive support, and its proprietary social trading app. User reviews are generally positive, but reports about limited asset range and the risks associated with offshore regulation are common. For Canadian users seeking accessibility and convenience, FBS is a functional choice, but it is not as robust as locally regulated alternatives.
| Indicator | Description | Evaluation |
|---|---|---|
| Regulatory compliance | Regulated by CySEC (EU); no Canadian IIROC/CIRO license; international standards applied offshore | 3/5 |
| Fund security | Segregation of client funds; no insurance or additional proof-of-reserves for crypto | 3/5 |
| Risk management tools | Stop loss, negative balance protection, 2FA available on all platforms | 4/5 |
| Notoriety and coverage | Good international reputation, active user community, positive Trustpilot (4.2/5), but offshore profile | 4/5 |
Fees, Spreads & Commissions
FBS differentiates itself with extraordinarily low entry requirements—just $1.05 USD for standard and cent accounts—which is among the most accessible in the forex and CFD industry. For standard and cent accounts, spreads start from 0.7 pips on EUR/USD with zero commission, which is competitive but not industry-leading, given that some brokers offer raw spreads below 0.3 pips (plus a commission). ECN and Zero Spread accounts at FBS target traders seeking lower spreads, but these charge a commission starting at $6 per lot, so I weigh the benefit of tighter pricing against overall strategy and trade frequency.
For those interested in stock and index CFDs, spreads are variable and generally fair, such as 0.6 points on the S&P 500 and from 0.7 pips for major stocks. Overnight (swap) charges can add up quickly for leveraged positions, especially in the case of the Islamic account, where most pairs are swap-free but some exotic contracts incur weekly administration fees. Crypto CFD trading at FBS is possible, but spreads (from 1 pip) and possible overnight fees are wider than spot markets or specialist crypto exchanges.
The real advantage for occasional traders is the absence of account opening, inactivity, or management fees. Withdrawal fees start at $0 but depend on the payment method; e-wallets may be cheaper than international bank cards. Currency conversion is not explicitly documented by FBS but typically follows the market rate plus a 1–2% spread, which is standard in the industry.
What are the account-related fees?
| Fee Type | Conditions at FBS | Market Average |
|---|---|---|
| Opening fee | $0 | $0 – $50 |
| Maintenance fee | $0 | $0 – $25/year |
| Withdrawal fee | From $0 (by method, typically $1–$5) | $0 – $15 |
| Inactivity fee | $0 | $0 – $25/quarter |
| Currency conversion fee | ~1–2% on FX (not publicly specified) | 1% – 2.5% |
Expert advice
Trader Tip: Compare the total cost per trade for your chosen account type. Standard accounts work well for less active traders, while raw/ECN types offer savings for higher-volume or scalping strategies—even after commissions. Always check withdrawal options and possible admin fees before funding your account.
What are the fees on stocks and ETFs?
FBS only offers trading on stocks and indices via CFDs, not direct ownership. For CFD stocks, spreads start from 0.7 pips, and there’s usually no commission on standard accounts. Overnight fees apply for leveraged positions but can be mitigated by closing trades before the daily rollover. There are no custody or UK stamp duty fees with CFDs, making costs straightforward for short-term strategies.
| Fee Type | Conditions at FBS | Market Average |
|---|---|---|
| Commission | $0 (Standard), $6/lot (ECN) | $0 – $8/trade or $6/lot |
| Spread fee | From 0.7 pips (variable) | 0.5–1.5 pips |
| Overnight fee | Swap; variable (swap-free option for some accounts) | $1–$5/lot |
| Custody fee | $0 (CFD structure) | $0 (CFD); up to $10/year |
| UK stamp duty tax | $0 (CFD structure) | $0 |
What are the fees on cryptocurrencies?
FBS lets clients trade a handful of major crypto assets via CFDs. Spreads start from around 1 pip, notably wider than you’d see on dedicated crypto exchanges. There are no explicit buy/sell or custody fees, but overnight swap costs can make holding positions for extended periods expensive. Crypto withdrawals aren’t available since all transactions are CFD-based and settled in fiat.
| Fee Type | Conditions at FBS | Market Average |
|---|---|---|
| Buy/sell fees | $0 (cost is in the spread) | 0.1% – 2.0% |
| Spread fees | From 1 pip (variable) | 0.1% – 1% |
| Overnight fees | Swap; variable | Variable (0.05–0.2%/day) |
| Custody fees | $0 (CFDs only, no crypto custody) | $0 – $5/month |
| Transfer fees | Not applicable (CFDs only) | $0 – $10 |
What are the fees on CFDs?
FBS offers a wide CFD range, including forex, indices, commodities, stocks, and crypto. Spreads on major FX pairs start at 0.7 pips (Standard) or 0.0 pips plus commission (ECN/Zero Spread). Stock and commodity CFDs show similar cost patterns. Max leverage is up to 1:3000 for forex, lower for stocks, crypto, and indices.
| Underlying Asset | Maximum Leverage | Spread at FBS | Overnight Fee | Market Average |
|---|---|---|---|---|
| CFD Stocks | Up to 1:50 | From 0.7 pips | Variable (swap/free) | 0.5–1.5 pips |
| Gold (XAU/USD) | Up to 1:500 | From 20 pips | Variable (swap/free) | 15–30 pips |
| Silver (XAG/USD) | Up to 1:500 | From 2 pips | Variable (swap/free) | 1.5–4 pips |
| Oil (WTI) | Up to 1:100 | From 3 pips | Variable (swap/free) | 2–6 pips |
| EUR/USD | Up to 1:3000 | From 0.7 pips | Variable (swap/free) | 0.5–1.2 pips |
| EUR/GBP | Up to 1:3000 | From 1.0 pips | Variable (swap/free) | 0.8–1.5 pips |
| USD/JPY | Up to 1:3000 | From 0.7 pips | Variable (swap/free) | 0.6–1.2 pips |
| GBP/USD | Up to 1:3000 | From 0.7 pips | Variable (swap/free) | 0.7–1.3 pips |
| BEL 20 (BEL20) | Up to 1:100 | From 2 points | Variable (swap/free) | 1–4 points |
| BTC/USD (crypto CFD) | Up to 1:5 | From 1 pip | Variable (swap/free) | 0.5–1% (equivalent) |
Assets & Markets
FBS provides a straightforward yet functional multi-asset offering, with its primary strength in forex trading and an accessible minimum deposit more suited to new or cost-conscious traders. I appreciate the diversity of account types—including Cent, ECN, and even specialized crypto accounts—which cater to various trading styles, from micro-lot beginners to algorithmic or higher-frequency traders. The leverage options are among the highest available globally, though actual limits may be lower for Canadians due to regulatory best practices.
Forex is the core of FBS’s product set, featuring over 35 pairs with competitive spreads for major accounts and no commissions on standard/cent account types. This enables efficient intraday trading with modest capital. Where FBS does stand out against some competitors is in the flexibility to use swap-free Islamic accounts and a robust proprietary copy trading platform (CopyTrade app), which allows passive participation in both forex and popular CFD assets.
The stocks and indices on offer are all CFDs—there is no direct spot or exchange-traded access for stocks, ETFs, or commodities. While this allows for leveraged speculation and short selling, the selection itself feels limited (just over 100 stocks, and around a dozen indices). The crypto CFD suite is fairly narrow, with a handful of major cryptocurrencies but little support for altcoins, stablecoins, or any sort of crypto earning or staking features. No bond, NFT, or physical asset markets are available, which may deter investors focused on portfolio diversification or long-term holding.
Overall, FBS is best suited to beginner and intermediate traders looking for low-cost, leveraged forex and straightforward access to the largest global equity and index markets through CFDs. The missing depth in equities, cryptos, and no presence of bonds or ETFs may be a constraint for those seeking wider exposure or asset ownership.
| Asset Class | Type | Number at FBS | Market Average | Example Assets |
|---|---|---|---|---|
| Stocks | CFDs | 100+ | 800+ (CFD brokers) | AAPL, TSLA, RY, BABA, AMZN |
| ETFs | Not available | 0 | 75+ (CFD avg.) | — |
| Cryptocurrencies | CFDs | 4+ | 20+ (CFD avg.) | BTC/USD, ETH/USD, LTC/USD, XRP/USD |
| Currencies | Forex (CFD) | 35+ | 60+ (major brokers) | EUR/USD, GBP/USD, USD/JPY, CAD/JPY |
| Commodities | CFDs | 5+ | 15+ (CFD avg.) | Gold, Silver, Crude Oil, Brent, Gas |
| Indices | CFDs | 11+ | 20+ (CFD avg.) | US500, US30, DE30, JP225, UK100 |
| Bonds | Not available | 0 | 20+ (multi-asset avg.) | — |
| Stablecoins | Not available | 0 | 5+ (crypto avg.) | — |
| NFTs | Not available | 0 | 3+ (crypto avg.) | — |
| Other derivatives | Copy trading | Platform level | Growing in market | FBS CopyTrade portfolios, custom EAs |
Trading Tools and Apps
FBS provides a flexible trading environment built around the globally recognized MetaTrader 4 and MetaTrader 5 platforms, alongside its proprietary FBS Trader mobile app. MetaTrader users will find the full suite of advanced charting tools, technical indicators, customizable layouts, and one-click order execution. This combination makes FBS well-suited for both system-driven and discretionary traders, offering a professional-level interface without compromising accessibility for less experienced users.
The FBS Trader app is optimized for mobile use with an uncluttered, modern interface and quick navigation between account management, trade placement, and active position monitoring. For users prioritizing simplicity, FBS Trader distills the essentials of CFD and forex trading while maintaining integration with real-time pricing, responsive charting, and basic technical tools. However, for advanced analytics, scripting, or automated trading, MetaTrader platforms remain the preferred choice.
Order management at FBS covers all the core types, including market, limit, stop, trailing stop, and OCO (one-cancels-the-other), empowering traders to execute a range of strategies with precision. Copy trading is a clear highlight—FBS CopyTrade allows even novices to follow experienced traders with transparent performance metrics. Automated trading is extensively supported through Expert Advisors, and algorithmic traders benefit from MQL4/MQL5 scripting features.
The platform's main limitations are found in its asset coverage and integrations. While stock CFDs, indices, commodities, and basic crypto CFDs are available, the product range per asset class is not as large as that of some leading multi-asset brokers. There is no direct TradingView integration, and FBS does not offer staking, crypto wallets, or proprietary signals beyond what is available on MetaTrader or through social trading. Negative balance protection is active, protecting traders from extreme volatility across all account types.
| Feature | Verified Details |
|---|---|
| Mobile app | FBS Trader app (iOS/Android), MetaTrader 4/5 mobile, no standalone crypto wallet |
| Usability | Fluid, intuitive interface for both new and advanced users |
| Compatible software | MetaTrader 4, MetaTrader 5, FBS Trader proprietary app; no TradingView, no API |
| Order types | Market, limit, stop-loss, take-profit, trailing stop, OCO orders |
| Charting and technical analysis | 30+ built-in indicators (MT); basic analysis on FBS Trader |
| Auto trading / Automated strategies | Supported through MetaTrader EAs, proprietary copy trading app |
| Algorithmic trading | MQL4/MQL5 custom scripts, EA support; no direct AI or advanced integration |
| Negative balance protection | Yes, for all clients |
| Trading signals | MetaTrader signals, FBS CopyTrade performance feed |
| Asset search and filters | Available on all platforms for forex, CFDs, basic crypto |
| Spot stock purchase | Not available; stock exposure via CFDs only |
| Staking and earn | Not available; crypto trading is CFD-only |
Expert advice
Trader Tip: Open an FBS demo account to experiment with different order types and familiarize yourself with MetaTrader's charting before trading real funds. Test both FBS Trader and MetaTrader mobile apps to determine which layout best fits your trading style and risk controls.
Account Opening and Deposits
Account opening
Opening an account with FBS is a streamlined process designed for convenience and compliance. Start by completing the digital registration form on the FBS website, selecting your desired account type from options like Standard, Cent, ECN, or Crypto. Once registered, you’ll be prompted to upload a government-issued photo ID and a proof of address, such as a recent utility bill or bank statement. You also complete a brief regulatory questionnaire to assess your experience and risk profile. After submitting your documents, the FBS compliance team verifies your information, typically within a few hours to one business day. An email confirmation will notify you as soon as your account is approved and ready to fund.
Good to know
Choosing your base currency (USD, EUR, etc.) at registration helps avoid future conversion fees when depositing and withdrawing funds.
| Item | Details |
|---|---|
| Opening procedure | Online application, document upload, regulatory questionnaire |
| Validation time | A few hours up to 1 business day |
| Accepted deposit methods | Bank card, wire transfer, e-wallets, some local payment systems |
| Minimum required deposit | $1.05 USD (varies by account type) |
| Required documents | Government-issued ID, proof of address |
| Practical tip | Have digital copies (PDF or good quality photos) ready to speed up verification |
Deposits and withdrawals on FBS
FBS supports a broad range of deposit and withdrawal methods tailored to flexibility and speed. Canadian users can fund their account with local bank cards (Visa, Mastercard), e-wallets such as Skrill, Neteller, or Sticpay, and sometimes regional solutions if available. Most currencies supported are USD and EUR, but multi-currency conversion is possible. Deposits are typically processed instantly or within 15 minutes, while withdrawals can take from 15 minutes up to 48 hours depending on the chosen method. FBS does not charge deposit fees, though withdrawal fees vary by provider. There is no integrated digital wallet, and FBS does not provide direct fiat-to-crypto or crypto wallet services, but crypto CFDs can be funded via standard payments.
Good to know
Review withdrawal processing times for your chosen method and be aware of any fees set by third-party processors—even if FBS itself doesn’t charge fees, your bank or e-wallet provider might.
| Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
|---|---|---|---|---|
| Credit card | USD, EUR | $1.05 USD | Instant up to 15 min | Usually none for deposit; varies for withdrawal |
| Bank transfer | USD, EUR | $1.05 USD | 1–3 business days | May be charged by banks |
| E-wallets | USD, EUR, others | $1.05 USD | Instant to 15 min | Low or no fees, varies by provider |
| Stablecoins or cryptos | Not supported | – | – | – |
| Other local options | Varies | $1.05 USD | Instant or up to 1 day | May depend on local provider |
Account Types
FBS is a globally recognized CFD and forex broker that offers a variety of account types tailored for traders of all experience levels. While it is not a crypto-native platform, FBS supports both classic and specialized accounts for forex, CFDs on stocks and indices, and crypto trading (via CFDs). Its flexible structure enables beginners to start with a minimal deposit and advanced users to access higher-tier features like ECN execution or swap-free (Islamic) trading. Canadians should note that FBS operates under international regulation and does not provide tax-advantaged or classic securities accounts.
| Account Type | Available | Main Features |
|---|---|---|
| Demo account | ✅ | Free practice account, unlimited use, virtual funds |
| Standard account | ✅ | Minimal deposit, variable spreads, no commission |
| Raw ECN account | ✅ | Ultra-tight spreads, low commission, direct market access |
| Islamic account | ✅ | Swap-free, available for most account types, compliant for Shariah law |
| Professional account | ❌ | Not explicitly offered |
| CFD account | ✅ | Access to forex, indices, commodities, stocks, and crypto CFDs |
| Classic securities account | ❌ | Not available; only CFDs, no direct asset ownership |
| Staking/earn account | ❌ | Not supported; no interest or yield products |
| Cold storage account | ❌ | No crypto custody; crypto CFDs only |
| Tax-advantaged account | ❌ | Not available; no RRSP, TFSA, or other registered accounts |
| Accepted base currencies | USD, EUR, many others | Choice of popular global currencies for account funding |
Expert advice
Trip: For active traders seeking tight spreads and fast execution, the Raw ECN account is ideal—even though commission applies, the total cost can be lower than standard accounts. Beginners can start with a demo account to compare trading conditions and develop strategies before investing real capital.
How FBS Compares to Competitors
| FBS | Fusion Markets | AMP Futures | Eightcap | |
|---|---|---|---|---|
| Minimum deposit | $1.05 USD | $0 | $100 USD | $100 USD |
| Number of instruments | 100+ | 200+ | 60+ (Futures & Options) | 800+ |
| Spreads (examples) | From 0.7 pips (EUR/USD), 1.0 pips (EUR/GBP), 20 pips (Gold) | From 0.0 pips + $2.25/side (EUR/USD), 0.10 (Gold) | Futures-only; commissions from $0.37/side (e.g. S&P 500, Crude Oil, Gold Futures) | From 0.0 pips + $3.50/side (EUR/USD), 0.2 pips (GBP/USD), 0.5 (Gold) |
| Trading platforms | MT4, MT5, FBS Trader | MT4, MT5, cTrader | MT5, TradingView, Sierra Chart, MultiCharts, 50+ others | MT4, MT5, TradingView |
| Regulation | CySEC (offshore for CA) | VFSC (offshore for CA) | NFA/CFTC (US) | SCB (offshore for CA) |
| Demo account | ✅ | ✅ | ✅ | ✅ |
| Copy trading | ✅ (FBS CopyTrade) | ✅ (via Myfxbook) | ❌ | ✅ (via 3rd party) |
| Read the review | Read the review Fusion Markets | Read the review AMP Futures | Read the review Eightcap |
Customer reviews
FBS holds a Trustpilot rating of 4.2 out of 5, based on over 20,000 reviews. Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Very low minimum deposit and easy account opening process
- Responsive and helpful 24/7 customer support
- Wide choice of account types, including Islamic and Cent accounts
- Proprietary CopyTrade app that allows users to follow successful traders
- User-friendly mobile and desktop platforms with advanced trading tools
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- Asset selection is smaller compared to some leading brokers
- Periodic technical issues, especially during high volatility
- Some withdrawal fees for specific methods
- Lack of spot crypto and limited crypto CFD range
- Not locally regulated in Canada, which may concern some users
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
T.L. – 01/06/2025 : “FBS has a very user-friendly platform and fast withdrawals. Customer support is always helpful.”
K.P. – 19/04/2025 : “Spreads are competitive, but I wish there were more stock CFDs. Overall, a good broker for forex.”
M.S. – 08/03/2025 : “The CopyTrade app is great for beginners. I was able to follow experienced traders and learn a lot.”
FAQ
Is FBS regulated in CA?
FBS is not regulated by Canadian financial authorities such as IIROC. Instead, Canadian users are served under the international entity regulated by CySEC (Cyprus Securities and Exchange Commission). This means less local investor protection, so traders should carefully assess regulatory differences when choosing FBS.
What is the minimum deposit on FBS?
The minimum deposit to open an account with FBS is $1.05 USD for Canadian users, which applies to Standard and Cent accounts. Other account types, like ECN or Zero Spread, may require a higher minimum deposit. Always verify your chosen account type on the FBS website.
Does FBS offer a welcome bonus?
FBS frequently offers various welcome bonuses and promotions for new clients, such as deposit bonuses or trading credits. The availability and terms of these offers can change, so it’s important to check the latest promotions directly on the FBS website or personal area.
How does leverage work on FBS?
FBS provides leverage options up to 1:3000 on some accounts and products, though maximum leverage varies by asset and may be subject to restrictions based on local laws or account type. High leverage amplifies both potential gains and risks, so it should be used with caution.
How does FBS make money?
FBS generates revenue through spreads on trades, commissions for certain account types—such as ECN or Zero Spread—and other trading-related fees. These costs are clearly outlined in the trading conditions or product specifications for each account type and asset class.
Who is behind FBS?
FBS is an international brokerage brand launched in 2009. It operates globally under multiple legal entities, with FBS Markets Inc. and Tradestone Ltd. (CySEC regulated) being the key companies behind the platform. FBS serves millions of clients worldwide with a focus on CFDs and forex.
When was FBS launched?
FBS was established in 2009 and has since grown to become a recognized online CFD and forex broker. The company now has a global presence with millions of users and a broad range of trading services.
Does FBS offer copy trading or social trading?
Yes, FBS offers the FBS CopyTrade app, allowing clients to copy professional traders’ strategies automatically. This is suitable for both experienced and beginner traders. Fees or commissions associated with copy trading may vary depending on the chosen trader.
How can I contact FBS’s customer service?
FBS provides 24/7 customer support for Canadian users through live chat, email, and international phone lines. You can reach the support team directly from the FBS website or within your personal area for quick assistance with account or trading issues.
Does FBS offer any promotions or referral programs?
FBS regularly runs promotions, trading contests, and referral programs where users can earn bonuses or rewards. The details and eligibility criteria for these programs change over time, so always refer to FBS’s official website or communication channels for the latest information.
Is FBS regulated in CA?
FBS is not regulated by Canadian financial authorities such as IIROC. Instead, Canadian users are served under the international entity regulated by CySEC (Cyprus Securities and Exchange Commission). This means less local investor protection, so traders should carefully assess regulatory differences when choosing FBS.
What is the minimum deposit on FBS?
The minimum deposit to open an account with FBS is $1.05 USD for Canadian users, which applies to Standard and Cent accounts. Other account types, like ECN or Zero Spread, may require a higher minimum deposit. Always verify your chosen account type on the FBS website.
Does FBS offer a welcome bonus?
FBS frequently offers various welcome bonuses and promotions for new clients, such as deposit bonuses or trading credits. The availability and terms of these offers can change, so it’s important to check the latest promotions directly on the FBS website or personal area.
How does leverage work on FBS?
FBS provides leverage options up to 1:3000 on some accounts and products, though maximum leverage varies by asset and may be subject to restrictions based on local laws or account type. High leverage amplifies both potential gains and risks, so it should be used with caution.
How does FBS make money?
FBS generates revenue through spreads on trades, commissions for certain account types—such as ECN or Zero Spread—and other trading-related fees. These costs are clearly outlined in the trading conditions or product specifications for each account type and asset class.
Who is behind FBS?
FBS is an international brokerage brand launched in 2009. It operates globally under multiple legal entities, with FBS Markets Inc. and Tradestone Ltd. (CySEC regulated) being the key companies behind the platform. FBS serves millions of clients worldwide with a focus on CFDs and forex.
When was FBS launched?
FBS was established in 2009 and has since grown to become a recognized online CFD and forex broker. The company now has a global presence with millions of users and a broad range of trading services.
Does FBS offer copy trading or social trading?
Yes, FBS offers the FBS CopyTrade app, allowing clients to copy professional traders’ strategies automatically. This is suitable for both experienced and beginner traders. Fees or commissions associated with copy trading may vary depending on the chosen trader.
How can I contact FBS’s customer service?
FBS provides 24/7 customer support for Canadian users through live chat, email, and international phone lines. You can reach the support team directly from the FBS website or within your personal area for quick assistance with account or trading issues.
Does FBS offer any promotions or referral programs?
FBS regularly runs promotions, trading contests, and referral programs where users can earn bonuses or rewards. The details and eligibility criteria for these programs change over time, so always refer to FBS’s official website or communication channels for the latest information.
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