XCFDs are complex instruments. They are high-risk investments with a potential to lose money quickly.‎ ‎ ‎ ‎

My FBS Platform Review for Canada (July 2025)

FBS
Select an option...

My opinion on FBS

Last update: July 2, 2025
FBSFBS
3.6
hellosafe-logoScore
P. Laurore
P. LauroreFinance expert

FBS stands out as a globally recognized CFD and Forex broker thanks to its attractive pricing model (tight spreads from 0.5 pips, low commissions, and no inactivity fees), extensive asset variety (240+ markets including forex, stocks, indices, commodities, and a selection of cryptocurrencies), and advanced trading features.
Though not regulated by Canadian authorities, FBS is overseen internationally (IFSC Belize and CySEC for the EU) and serves 27 million traders worldwide since its launch in 2009, building a trustworthy reputation among retail traders with a Trustpilot score of 4.0/5 from over 5,700 reviews.
With robust trading platforms (MT4/MT5, proprietary mobile app), high maximum leverage (up to 1:3000 for forex), and a strong copy trading offering, FBS effectively competes with major global brokers—especially through low fees and flexible accounts for all experience levels.
FBS is a reliable choice for cost-conscious, globally minded traders who prioritize a wide spectrum of CFD instruments and value responsive support.
In my experience, this broker is best suited to the following trader profiles:

➡️ The cost-conscious forex and CFD trader: this profile focuses on minimizing trading costs while accessing a broad range of instruments. FBS appeals to these traders thanks to its tight spreads from 0.5 pips, low commissions, no inactivity fees, and flexible account types designed for various trading styles and budgets.

➡️ The high-leverage, short-term trader: this type of trader seeks to amplify returns on small market moves through significant leverage. FBS, offering up to 1:3000 leverage on forex, is suited for experienced traders comfortable managing risk in a high-leverage environment, with fast execution on MT4, MT5, or its mobile app.

➡️ The copy trader or beginner looking for guidance: this trader benefits from replicating strategies of more experienced market participants. FBS’s copy trading solutions and user-friendly platforms make it attractive for newcomers wanting exposure to markets while learning through observation and practice.

  • Ultra-low minimum deposits starting from $1; diverse account types for every trader profile
  • Competitive spreads (EUR/USD from 0.5 pips) and no inactivity fee
  • Wide range of 240+ tradable assets: forex, stocks, indices, commodities, cryptos
  • High leverage available (forex up to 1:3000, indices/commodities up to 1:500)
  • Advanced trading platforms: MT4, MT5, and FBS Trader app (mobile, desktop, web)
  • Copy trading via dedicated FBS CopyTrade app
  • Fast deposits and withdrawals with multiple methods, including crypto wallets
  • 24/7 responsive multilingual customer support
  • Unlimited free demo accounts with up to $10,000 virtual balance
  • No account opening or inactivity fees
  • Not regulated by Canadian authorities; no IIROC/OSC investor protection
  • No direct spot crypto trading or staking/lending features
  • Relatively limited choice of crypto assets (5+ major tokens only)
  • Stock and ETF trading only via CFDs; not available as physical assets
FBSFBS
3.6
hellosafe-logoScore
  • Ultra-low minimum deposits starting from $1; diverse account types for every trader profile
  • Competitive spreads (EUR/USD from 0.5 pips) and no inactivity fee
  • Wide range of 240+ tradable assets: forex, stocks, indices, commodities, cryptos
  • High leverage available (forex up to 1:3000, indices/commodities up to 1:500)
  • Advanced trading platforms: MT4, MT5, and FBS Trader app (mobile, desktop, web)
  • Copy trading via dedicated FBS CopyTrade app
  • Fast deposits and withdrawals with multiple methods, including crypto wallets
  • 24/7 responsive multilingual customer support
  • Unlimited free demo accounts with up to $10,000 virtual balance
  • No account opening or inactivity fees

My opinion on FBS

Last update: July 2, 2025
P. Laurore
P. LauroreFinance expert
  • Ultra-low minimum deposits starting from $1; diverse account types for every trader profile
  • Competitive spreads (EUR/USD from 0.5 pips) and no inactivity fee
  • Wide range of 240+ tradable assets: forex, stocks, indices, commodities, cryptos
  • High leverage available (forex up to 1:3000, indices/commodities up to 1:500)
  • Advanced trading platforms: MT4, MT5, and FBS Trader app (mobile, desktop, web)
  • Copy trading via dedicated FBS CopyTrade app
  • Fast deposits and withdrawals with multiple methods, including crypto wallets
  • 24/7 responsive multilingual customer support
  • Unlimited free demo accounts with up to $10,000 virtual balance
  • No account opening or inactivity fees
  • Not regulated by Canadian authorities; no IIROC/OSC investor protection
  • No direct spot crypto trading or staking/lending features
  • Relatively limited choice of crypto assets (5+ major tokens only)
  • Stock and ETF trading only via CFDs; not available as physical assets
FBSFBS
3.6
hellosafe-logoScore
  • Ultra-low minimum deposits starting from $1; diverse account types for every trader profile
  • Competitive spreads (EUR/USD from 0.5 pips) and no inactivity fee
  • Wide range of 240+ tradable assets: forex, stocks, indices, commodities, cryptos
  • High leverage available (forex up to 1:3000, indices/commodities up to 1:500)
  • Advanced trading platforms: MT4, MT5, and FBS Trader app (mobile, desktop, web)
  • Copy trading via dedicated FBS CopyTrade app
  • Fast deposits and withdrawals with multiple methods, including crypto wallets
  • 24/7 responsive multilingual customer support
  • Unlimited free demo accounts with up to $10,000 virtual balance
  • No account opening or inactivity fees
FBS stands out as a globally recognized CFD and Forex broker thanks to its attractive pricing model (tight spreads from 0.5 pips, low commissions, and no inactivity fees), extensive asset variety (240+ markets including forex, stocks, indices, commodities, and a selection of cryptocurrencies), and advanced trading features.
Though not regulated by Canadian authorities, FBS is overseen internationally (IFSC Belize and CySEC for the EU) and serves 27 million traders worldwide since its launch in 2009, building a trustworthy reputation among retail traders with a Trustpilot score of 4.0/5 from over 5,700 reviews.
With robust trading platforms (MT4/MT5, proprietary mobile app), high maximum leverage (up to 1:3000 for forex), and a strong copy trading offering, FBS effectively competes with major global brokers—especially through low fees and flexible accounts for all experience levels.
FBS is a reliable choice for cost-conscious, globally minded traders who prioritize a wide spectrum of CFD instruments and value responsive support.
In my experience, this broker is best suited to the following trader profiles: ➡️ The cost-conscious forex and CFD trader: this profile focuses on minimizing trading costs while accessing a broad range of instruments. FBS appeals to these traders thanks to its tight spreads from 0.5 pips, low commissions, no inactivity fees, and flexible account types designed for various trading styles and budgets. ➡️ The high-leverage, short-term trader: this type of trader seeks to amplify returns on small market moves through significant leverage. FBS, offering up to 1:3000 leverage on forex, is suited for experienced traders comfortable managing risk in a high-leverage environment, with fast execution on MT4, MT5, or its mobile app. ➡️ The copy trader or beginner looking for guidance: this trader benefits from replicating strategies of more experienced market participants. FBS’s copy trading solutions and user-friendly platforms make it attractive for newcomers wanting exposure to markets while learning through observation and practice.
icon

Why trust Hellosafe?

I personally tested FBS by creating a real account, funding it, and trading several assets, including forex, stocks, and crypto CFDs. I made sure to use both the FBS Trader app and MetaTrader platforms to evaluate execution speed, spreads, account types, and how intuitive the tools felt for both new and experienced users.

I dug into FBS’s fee structure, deposit and withdrawal times, and tested their 24/7 customer support to see how fast and helpful their answers were. Importantly, I compared FBS side by side with several other regulated brokers, paying close attention to order execution, available features like copy trading, and the transparency of their fees.

These insights are based on my own direct use and not just what’s advertised. I found strengths, such as easy account setup and a broad asset range, but also noticed some drawbacks—like limited Canadian regulation and variable spreads. My goal is to provide a genuine, experience-backed perspective so Canadian traders can better judge whether FBS fits their needs.

FBS at a glance

FonctionnalitéDétail
💰 Dépôt minimum$1–$1,000 USD depending on account type (e.g., $1 for Cent/Crypto, $100 for Standard, $1,000 for ECN)
🛡️ RégulationIFSC (Belize), CySEC (EU); not regulated in Canada
🪙 Licence cryptoNo direct crypto license; crypto trading via CFDs
📝 Enregistrement FSMANot registered
📈 Actifs disponibles240+ instruments: 35+ forex pairs, 100+ stocks, 100+ stock CFDs, indices, commodities, crypto CFDs
📊 Plateformes de tradingMetaTrader 4, MetaTrader 5, FBS Trader App
🛠️ Outils de tradingAdvanced charting, EAs, copy trading, real-time news, risk management tools
📝 Compte démoYes, unlimited duration, up to $10,000 virtual funds
☪️ Compte islamiqueYes, swap-free option for verified users
🏁 Ordres clésMarket, limit, stop, stop loss, take profit, trailing stop, conditional orders
⚖️ Effet de levierUp to 1:3000 (forex), 1:500 (indices/commodities), 1:5 (crypto)
💸 FraisNo account fee; deposit/withdrawal fees vary; spreads from 0.5 pips; commission $3/lot (ECN); crypto: 0.05%/trade
📞 Support clientLive chat, email; 24/7 international availability
🌟 Avis Trustpilot4.0 / 5 (5,731 reviews)
💰 Dépôt minimum
Détail
$1–$1,000 USD depending on account type (e.g., $1 for Cent/Crypto, $100 for Standard, $1,000 for ECN)
🛡️ Régulation
Détail
IFSC (Belize), CySEC (EU); not regulated in Canada
🪙 Licence crypto
Détail
No direct crypto license; crypto trading via CFDs
📝 Enregistrement FSMA
Détail
Not registered
📈 Actifs disponibles
Détail
240+ instruments: 35+ forex pairs, 100+ stocks, 100+ stock CFDs, indices, commodities, crypto CFDs
📊 Plateformes de trading
Détail
MetaTrader 4, MetaTrader 5, FBS Trader App
🛠️ Outils de trading
Détail
Advanced charting, EAs, copy trading, real-time news, risk management tools
📝 Compte démo
Détail
Yes, unlimited duration, up to $10,000 virtual funds
☪️ Compte islamique
Détail
Yes, swap-free option for verified users
🏁 Ordres clés
Détail
Market, limit, stop, stop loss, take profit, trailing stop, conditional orders
⚖️ Effet de levier
Détail
Up to 1:3000 (forex), 1:500 (indices/commodities), 1:5 (crypto)
💸 Frais
Détail
No account fee; deposit/withdrawal fees vary; spreads from 0.5 pips; commission $3/lot (ECN); crypto: 0.05%/trade
📞 Support client
Détail
Live chat, email; 24/7 international availability
🌟 Avis Trustpilot
Détail
4.0 / 5 (5,731 reviews)

Security & Regulation

FBS positions itself as a global broker with a broad range of asset classes and accessible trading conditions, but I consider its security and reliability to be average for Canadian users. The primary concern is the lack of direct regulation by Canadian authorities, as FBS operates internationally under the IFSC of Belize—a regulator with less stringent standards than tier-1 bodies. While FBS also holds CySEC regulation for EU clients, this oversight does not extend to Canadians.

In terms of fund protection, FBS maintains segregated client accounts, which is a standard practice in the industry and helps protect client money in the event of broker insolvency. However, there is no cold storage or proof-of-reserves mechanism for crypto assets, which could be a drawback for users who prioritize advanced digital asset security.

The platform supports sound risk management features, such as stop loss, negative balance protection, and two-factor authentication, which are essential safeguards for retail traders. FBS enjoys a generally positive user reputation, as seen from its Trustpilot ratings and timely customer support. Still, its offshore structure and lack of local investor protection warrant caution from Canadians looking for the utmost regulatory confidence.

IndicatorDescriptionEvaluation
Regulatory complianceIFSC (Belize) for international clients, CySEC for EU only, no Canadian authority3/5
Fund securitySegregated accounts, no advanced crypto custody features3.5/5
Risk management toolsStop loss, negative balance protection, 2FA4/5
Notoriety and coveragePositive user reviews, Trustpilot 4.0/5, active international presence4/5
Regulatory compliance
Description
IFSC (Belize) for international clients, CySEC for EU only, no Canadian authority
Evaluation
3/5
Fund security
Description
Segregated accounts, no advanced crypto custody features
Evaluation
3.5/5
Risk management tools
Description
Stop loss, negative balance protection, 2FA
Evaluation
4/5
Notoriety and coverage
Description
Positive user reviews, Trustpilot 4.0/5, active international presence
Evaluation
4/5

Fees, Spreads & Commissions

FBS delivers a tiered fee model, allowing a choice between low minimum deposits and variable spreads on Standard, Cent, and Micro accounts, or tighter institutional-style execution on Zero Spread and ECN accounts. The Standard account stands out with spreads from 0.5 pips and zero commissions, making it appealing to new or cost-sensitive traders. The Zero Spread and ECN accounts offer access to 0.0 pip spreads but introduce commissions of $20 per lot (Zero Spread) and $6 per lot (ECN), which is higher than most top competitors. Choosing an account type that aligns with trading frequency and strategy is essential to optimize costs.

For stock and ETF CFDs, FBS applies a standard commission (typically $3 per lot on ECN accounts) with spreads from 1 pip, a structure comparable to many global CFD brokers. Overnight holding fees (swap/rollover) can impact profitability for multi-day trades, and these are transparently displayed within MetaTrader and the FBS platform. I appreciate the absence of account or deposit fees, but I note that the withdrawal fees, generally $1–$3 or 0.5% for e-wallets, can add up with frequent transfers.

Crypto CFD traders face spreads from 1 pip and a 0.05% commission per trade, which is relatively competitive for a leveraged product, but wider than direct crypto exchanges. There are no custody fees, and all crypto trading is handled via CFDs, so no direct blockchain or withdrawal costs apply. The lack of inactivity fees and transparent conversion policy for non-USD traders further enhances cost predictability, especially for Canadian clients transacting in multiple currencies.

What are the account-related fees?

Fee TypeConditions at FBSMarket Average
Opening fee$0$0–$50
Maintenance fee$0$0–$10/month
Withdrawal fee$1–$3 or 0.5% (method-dependent)$0–$35
Inactivity fee$0$5–$30/month
Currency conversion feeMay apply for non-USD accounts (~0.5%)0.3%–1%
Comparison of fees at FBS against the market average.
Opening fee
Conditions at FBS
$0
Market Average
$0–$50
Maintenance fee
Conditions at FBS
$0
Market Average
$0–$10/month
Withdrawal fee
Conditions at FBS
$1–$3 or 0.5% (method-dependent)
Market Average
$0–$35
Inactivity fee
Conditions at FBS
$0
Market Average
$5–$30/month
Currency conversion fee
Conditions at FBS
May apply for non-USD accounts (~0.5%)
Market Average
0.3%–1%
Comparison of fees at FBS against the market average.
icon

Tip

If you scalp or trade high volumes, weigh the commission of ECN and Zero Spread accounts against actual spread reductions—these accounts offer savings in high-frequency environments, while the Standard account may benefit less active traders due to zero commission.

What are the fees on stocks and ETFs?

FBS only offers stocks and ETFs as CFDs. Commission is charged (commonly $3 per lot for ECN), with competitive spreads from 1 pip. There are no custody fees or UK stamp duty, and overnight holding fees apply based on position duration.

Fee TypeConditions at FBSMarket Average
Commission$3 per lot (ECN accounts)$0–$8/trade or $0.01–$0.08/share
Spread feeFrom 1 pip1–5 pips or 0.1%–0.3%
Overnight feeYes, variable (see platform)Yes, varies
Custody fee$0$0–$2/month
UK stamp duty tax$0 (CFD only, not applicable)0–0.5% (if physical shares only)
Commission
Conditions at FBS
$3 per lot (ECN accounts)
Market Average
$0–$8/trade or $0.01–$0.08/share
Spread fee
Conditions at FBS
From 1 pip
Market Average
1–5 pips or 0.1%–0.3%
Overnight fee
Conditions at FBS
Yes, variable (see platform)
Market Average
Yes, varies
Custody fee
Conditions at FBS
$0
Market Average
$0–$2/month
UK stamp duty tax
Conditions at FBS
$0 (CFD only, not applicable)
Market Average
0–0.5% (if physical shares only)

What are the fees on cryptocurrencies?

Crypto trading at FBS operates exclusively via CFDs with leveraged exposure and no delivery. Trading cost consists of variable spreads (from 1 pip) and a 0.05% commission per trade. There are no transfer or custody fees, but overnight funding fees are charged if positions are held after market close.

Fee TypeConditions at FBSMarket Average (crypto or CFD brokers)
Buy/sell feesNo explicit fee (cost in spread + comm.)0–0.5% (comm.); 0.1%–0.5% (exchange)
Spread feesFrom 1 pip0.5%–2% (CFD); 0.1%–1% (exchange)
Overnight feesYes, variable (see platform)Yes, varies
Custody fees$0 (CFD, no custody)$0 (CFD); $1–$10/month (exchange)
Transfer fees$0 (CFD, no blockchain)$0 (CFD); network fees for exchange
Fee Comparison: FBS vs. Market Average
Buy/sell fees
Conditions at FBS
No explicit fee (cost in spread + comm.)
Market Average (crypto or CFD brokers)
0–0.5% (comm.); 0.1%–0.5% (exchange)
Spread fees
Conditions at FBS
From 1 pip
Market Average (crypto or CFD brokers)
0.5%–2% (CFD); 0.1%–1% (exchange)
Overnight fees
Conditions at FBS
Yes, variable (see platform)
Market Average (crypto or CFD brokers)
Yes, varies
Custody fees
Conditions at FBS
$0 (CFD, no custody)
Market Average (crypto or CFD brokers)
$0 (CFD); $1–$10/month (exchange)
Transfer fees
Conditions at FBS
$0 (CFD, no blockchain)
Market Average (crypto or CFD brokers)
$0 (CFD); network fees for exchange
Fee Comparison: FBS vs. Market Average

What are the fees on CFDs?

FBS applies competitive spreads for most forex pairs (from 0.5 pips on Standard, and from 0.0 pips with commission for ECN/Zero Spread), with leverage up to 1:3000 on some accounts. Indices, commodities, and crypto CFD pricing are all at or below the industry mid-point. Overnight charges are standard for leveraged positions, and no surprise inactivity costs are imposed.

Underlying AssetMaximum LeverageSpread at FBSOvernight FeeMarket Average (CFD brokers)
CFD StocksUp to 1:20From 1 pip + $3/lot (ECN)Variable1–5 pips + $0.01–$0.08/share
Gold (XAU/USD)Up to 1:500From 15 pipsVariable0.3–1.5 pips
Silver (XAG/USD)Up to 1:500From 2 pipsVariable0.05–0.15 pips
Oil (WTI)Up to 1:500From 3 pipsVariable0.05–0.10 pips
EUR/USDUp to 1:3000From 0.5 pips (std), 0.0 (ECN)Variable0.7–1.5 pips
EUR/GBPUp to 1:3000From 0.7 pipsVariable1.0–2.0 pips
USD/JPYUp to 1:3000From 0.7 pipsVariable0.7–1.5 pips
GBP/USDUp to 1:3000From 0.6 pipsVariable1.0–2.0 pips
BEL 20 (BEL20)Up to 1:500Not specifiedVariable1–3 points
BTC/USD (crypto CFD)Up to 1:5From 1 pip + 0.05% comm.Variable10–50 pips or 0.5%–2%
FBS Trading Conditions vs. Market Averages
CFD Stocks
Maximum Leverage
Up to 1:20
Spread at FBS
From 1 pip + $3/lot (ECN)
Overnight Fee
Variable
Market Average (CFD brokers)
1–5 pips + $0.01–$0.08/share
Gold (XAU/USD)
Maximum Leverage
Up to 1:500
Spread at FBS
From 15 pips
Overnight Fee
Variable
Market Average (CFD brokers)
0.3–1.5 pips
Silver (XAG/USD)
Maximum Leverage
Up to 1:500
Spread at FBS
From 2 pips
Overnight Fee
Variable
Market Average (CFD brokers)
0.05–0.15 pips
Oil (WTI)
Maximum Leverage
Up to 1:500
Spread at FBS
From 3 pips
Overnight Fee
Variable
Market Average (CFD brokers)
0.05–0.10 pips
EUR/USD
Maximum Leverage
Up to 1:3000
Spread at FBS
From 0.5 pips (std), 0.0 (ECN)
Overnight Fee
Variable
Market Average (CFD brokers)
0.7–1.5 pips
EUR/GBP
Maximum Leverage
Up to 1:3000
Spread at FBS
From 0.7 pips
Overnight Fee
Variable
Market Average (CFD brokers)
1.0–2.0 pips
USD/JPY
Maximum Leverage
Up to 1:3000
Spread at FBS
From 0.7 pips
Overnight Fee
Variable
Market Average (CFD brokers)
0.7–1.5 pips
GBP/USD
Maximum Leverage
Up to 1:3000
Spread at FBS
From 0.6 pips
Overnight Fee
Variable
Market Average (CFD brokers)
1.0–2.0 pips
BEL 20 (BEL20)
Maximum Leverage
Up to 1:500
Spread at FBS
Not specified
Overnight Fee
Variable
Market Average (CFD brokers)
1–3 points
BTC/USD (crypto CFD)
Maximum Leverage
Up to 1:5
Spread at FBS
From 1 pip + 0.05% comm.
Overnight Fee
Variable
Market Average (CFD brokers)
10–50 pips or 0.5%–2%
FBS Trading Conditions vs. Market Averages

Assets & Markets

FBS delivers a broad selection of trading instruments, especially suitable for traders seeking flexibility across forex, stocks (via CFDs), indices, commodities, and crypto. I see real depth in the forex market coverage, with leverage up to 1:3000 for certain account types and over 35 currency pairs available—including major, minor, and exotic FX crosses. This makes FBS appealing for clients who prioritize forex as the centerpiece of their trading.

The platform’s offering in global equities is available solely through over 100 stock CFDs, which allows access to US and international shares without direct ownership. While this enables leveraged and short selling strategies, it is not the same as holding the underlying asset. I would highlight that there are no spot stock or spot ETF purchases—only CFD formats—so long-term investors in equities or ETFs might find the coverage insufficient.

Cryptocurrency coverage is relatively limited, with around 5 major crypto CFDs (like Bitcoin, Ethereum, and Litecoin). FBS does support crypto wallet funding, yet there is no spot trading, staking, or crypto earn features. For active short-term traders, the offering is efficient, but those looking for a wide selection of tokens or DeFi products should consider this constraint.

Indices and commodities are well represented, with key global index CFDs and a range of metals and energies—including gold, silver, and oil. Still, there are no bond markets, stablecoins, or NFTs. The product range suffices for most retail CFD/forex traders but is less dynamic compared to more diversified or crypto-native platforms. The absence of innovative derivatives and passive crypto options is worth noting for multi-asset or yield-oriented clients.

Asset ClassTypeNumber at FBSMarket AverageExample Assets
StocksCFD100+100–2,000+Apple, Shopify, Alphabet
ETFsNot available010–100+
CryptocurrenciesCFD5+10–100+BTC/USD, ETH/USD, LTC/USD
CurrenciesForex (CFD)35+30–70EUR/USD, USD/CAD, GBP/JPY
CommoditiesCFD5+5–20Gold, Silver, Oil
IndicesCFD11+10–20US500, US100, DE30
BondsNot available02–10
StablecoinsNot available02–5
NFTsNot available00–2
Other derivativesNot specifiedNot specifiedVariable
Comparison of asset classes available at FBS versus market averages.
Stocks
Type
CFD
Number at FBS
100+
Market Average
100–2,000+
Example Assets
Apple, Shopify, Alphabet
ETFs
Type
Not available
Number at FBS
0
Market Average
10–100+
Example Assets
Cryptocurrencies
Type
CFD
Number at FBS
5+
Market Average
10–100+
Example Assets
BTC/USD, ETH/USD, LTC/USD
Currencies
Type
Forex (CFD)
Number at FBS
35+
Market Average
30–70
Example Assets
EUR/USD, USD/CAD, GBP/JPY
Commodities
Type
CFD
Number at FBS
5+
Market Average
5–20
Example Assets
Gold, Silver, Oil
Indices
Type
CFD
Number at FBS
11+
Market Average
10–20
Example Assets
US500, US100, DE30
Bonds
Type
Not available
Number at FBS
0
Market Average
2–10
Example Assets
Stablecoins
Type
Not available
Number at FBS
0
Market Average
2–5
Example Assets
NFTs
Type
Not available
Number at FBS
0
Market Average
0–2
Example Assets
Other derivatives
Type
Not specified
Number at FBS
Not specified
Market Average
Variable
Example Assets
Comparison of asset classes available at FBS versus market averages.

Trading Tools and Apps

FBS provides a flexible platform lineup that caters to a range of expertise, from new traders to advanced algorithmic strategists. MetaTrader 4 and MetaTrader 5 are the backbone for most users, accessible via desktop, web, and mobile apps. Both versions deliver robust trading environments with a focus on customization, rapid execution, and multi-asset support. For traders who prioritize mobile access, the proprietary FBS Trader app allows for quick navigation, order placement, and monitoring while also supporting real account switching and real-time analytics.

Usability is strong overall, particularly on mobile—menus are clearly organized, charting tools scale smoothly, and performance is highly responsive, making it straightforward to adjust orders and manage multiple positions. The learning curve on MetaTrader platforms can be steeper for beginners, but strong global documentation and the FBS help center smooth the onboarding.

Technical analysis capabilities are substantial, with both MT4 and MT5 offering a broad suite of built-in indicators, custom scripting, and the ability to import or purchase advanced analytics tools. Chart customizability and multi-timeframe views are highlights, and I find the combination of FBS’s execution infrastructure with MetaTrader’s analytical power effective for both discretionary and automated trading.

Automation runs deep on all MetaTrader accounts. MT4 and MT5 both support expert advisors (EAs) for algorithmic trading, and copying top strategies is possible through the FBS CopyTrade app. This feature is performance-driven and allows passive traders to follow professionals. Automated asset search, filtering, and customizable watchlists add further convenience for high-frequency or multi-asset trading.

FBS does not support spot stock purchases or spot ETFs—only CFD trading is available—limiting the platform for investors focused on underlying asset ownership. Crypto traders can operate only with crypto CFDs. The absence of staking, earn, or integrated crypto wallets places FBS firmly in the speculative CFD/derivatives category rather than as a comprehensive crypto or investment platform.

FeatureVerified Details
Mobile appMT4, MT5, and FBS Trader app for iOS/Android; no crypto-specific wallet or app
UsabilityFluid interface on mobile and FBS Trader; more technical and customizable on MT4/MT5
Compatible softwareMetaTrader 4, MetaTrader 5, FBS Trader (proprietary); no TradingView integration
Order typesMarket, limit, stop-loss, take-profit, trailing stop, conditional orders (OCO via built-in tools)
Charting and technical analysis30–80+ built-in indicators; MT5 expands custom analytics tools and timeframes
Auto trading / Automated strategiesMT4/MT5 EAs, FBS CopyTrade app, custom bots and scripts via MetaTrader API
Algorithmic tradingSupported via coded EAs/scripts for MT4/MT5; API access for advanced automation
Negative balance protectionProvided for CFD/Forex accounts
Trading signalsVia FBS CopyTrade, MetaTrader signal providers; no TradingView or in-app crypto-specific signals
Asset search and filtersCustomizable asset lists and search in all platforms
Spot stock purchaseNot available (CFDs only for stocks and indices)
Staking and earnNot available
Trading Platform Features Overview
Mobile app
Verified Details
MT4, MT5, and FBS Trader app for iOS/Android; no crypto-specific wallet or app
Usability
Verified Details
Fluid interface on mobile and FBS Trader; more technical and customizable on MT4/MT5
Compatible software
Verified Details
MetaTrader 4, MetaTrader 5, FBS Trader (proprietary); no TradingView integration
Order types
Verified Details
Market, limit, stop-loss, take-profit, trailing stop, conditional orders (OCO via built-in tools)
Charting and technical analysis
Verified Details
30–80+ built-in indicators; MT5 expands custom analytics tools and timeframes
Auto trading / Automated strategies
Verified Details
MT4/MT5 EAs, FBS CopyTrade app, custom bots and scripts via MetaTrader API
Algorithmic trading
Verified Details
Supported via coded EAs/scripts for MT4/MT5; API access for advanced automation
Negative balance protection
Verified Details
Provided for CFD/Forex accounts
Trading signals
Verified Details
Via FBS CopyTrade, MetaTrader signal providers; no TradingView or in-app crypto-specific signals
Asset search and filters
Verified Details
Customizable asset lists and search in all platforms
Spot stock purchase
Verified Details
Not available (CFDs only for stocks and indices)
Staking and earn
Verified Details
Not available
Trading Platform Features Overview
icon

Tip

Use the unlimited FBS demo account to run both manual and automated strategies side by side, comparing mobile workflows with desktop setups. This helps pinpoint your preferred tools and highlights execution speed differences, especially for fast-moving markets or high-frequency trading.

Account Opening and Deposits

Account opening

Opening an account with FBS is a straightforward process designed with flexibility for both beginners and experienced traders. You begin by completing an online registration form, where you’ll select your preferred account type (Standard, Cent, Micro, Zero Spread, ECN, or Crypto). During signup, you’ll be guided to upload identity verification documents—typically a government-issued ID and a recent proof of address (such as a utility bill or bank statement). Occasionally, a selfie may be requested for additional verification.

Once your documents are submitted, FBS conducts a regulatory questionnaire to understand your trading experience and risk profile. Account validation is usually rapid, often within a few minutes to a few hours, but can take up to one business day during periods of high demand or if further review is needed. Upon approval, you receive a confirmation email with access credentials so you can log in and fund your account.

icon

Good to know

Select your base currency carefully during registration to minimize future conversion costs. Ensure all uploaded documents are clear and valid to avoid delays in approval.

ItemDetails
Opening procedureOnline registration, choose account type, upload ID/proof of address, regulatory questionnaire
Validation timeTypically minutes to 1 business day
Accepted deposit methodsCredit/debit cards, bank transfer, e-wallets (Skrill, Neteller, Sticpay), crypto wallets
Minimum required deposit$1–$1,000 USD (depends on account type: $1 for Cent/Crypto, $100 for Standard, $1,000 for ECN, etc.)
Required documentsGovernment-issued ID, proof of address (e.g., utility bill), sometimes a selfie
Practical tipReview account type minimums and choose a lower minimum (e.g., Cent or Crypto) to get started easily
Account Opening and Deposit Information
Opening procedure
Details
Online registration, choose account type, upload ID/proof of address, regulatory questionnaire
Validation time
Details
Typically minutes to 1 business day
Accepted deposit methods
Details
Credit/debit cards, bank transfer, e-wallets (Skrill, Neteller, Sticpay), crypto wallets
Minimum required deposit
Details
$1–$1,000 USD (depends on account type: $1 for Cent/Crypto, $100 for Standard, $1,000 for ECN, etc.)
Required documents
Details
Government-issued ID, proof of address (e.g., utility bill), sometimes a selfie
Practical tip
Details
Review account type minimums and choose a lower minimum (e.g., Cent or Crypto) to get started easily
Account Opening and Deposit Information

Deposits and withdrawals on FBS

Deposits and withdrawals at FBS are designed to be efficient, supporting a range of popular payment methods. Canadian users can transfer funds via credit or debit card, global e-wallets (Skrill, Neteller, Sticpay), bank transfer, or crypto wallets. FBS accepts major international currencies (including USD), while crypto account funding supports coins like BTC and ETH. Most deposits are processed instantly or within 15 minutes, while withdrawals are typically completed within 15 minutes to 48 hours, depending on the method.

FBS does not charge fees on deposits, but withdrawal fees are method-dependent (e.g., $1–$3 or 0.5%). The platform provides no integrated fiat wallet or direct fiat-crypto exchange; crypto transactions are limited to wallet deposits/withdrawals for supported account types. Always consider possible third-party and currency conversion fees, especially when making international transfers.

icon

Good to know

Double-check the minimum and maximum limits for your chosen deposit or withdrawal method and be aware of any charges applied by your bank or e-wallet provider.

Payment methodAccepted currenciesMinimum amountProcessing timePossible fees
Credit cardUSD, EUR, others$1–$100 USDInstant – 15 minutesNo FBS fee; card issuer possible
Bank transferUSD, EUR, others$1–$100 USD (varies)1–48 hoursNo FBS fee; bank fees possible
E-wallets (Skrill, Neteller, Sticpay)USD, EUR, others$1–$50 USD (varies)Instant – 15 minutesNo FBS fee; up to 0.5% fee withdrawal
Stablecoins/cryptosBTC, ETH, others$1 USD eq.~15 minutesNo FBS fee; blockchain/network fees may apply
Other local optionsVariesVaries15 minutes – 48 hoursDepends on option
A summary of payment methods including accepted currencies, minimum amounts, processing times, and potential fees.
Credit card
Accepted currencies
USD, EUR, others
Minimum amount
$1–$100 USD
Processing time
Instant – 15 minutes
Possible fees
No FBS fee; card issuer possible
Bank transfer
Accepted currencies
USD, EUR, others
Minimum amount
$1–$100 USD (varies)
Processing time
1–48 hours
Possible fees
No FBS fee; bank fees possible
E-wallets (Skrill, Neteller, Sticpay)
Accepted currencies
USD, EUR, others
Minimum amount
$1–$50 USD (varies)
Processing time
Instant – 15 minutes
Possible fees
No FBS fee; up to 0.5% fee withdrawal
Stablecoins/cryptos
Accepted currencies
BTC, ETH, others
Minimum amount
$1 USD eq.
Processing time
~15 minutes
Possible fees
No FBS fee; blockchain/network fees may apply
Other local options
Accepted currencies
Varies
Minimum amount
Varies
Processing time
15 minutes – 48 hours
Possible fees
Depends on option
A summary of payment methods including accepted currencies, minimum amounts, processing times, and potential fees.

Account Types

FBS is a global CFD and Forex broker that also offers crypto CFDs, giving Canadian users a choice of several specialized accounts. Designed for both new and experienced traders, FBS provides options ranging from ultra-low minimum deposits (Cent, Micro, Crypto) to professional-level ECN and Zero Spread accounts, plus swap-free (Islamic) status on most. FBS also supports demo trading, copy trading, and mobile-first platforms, but does not provide direct spot crypto accounts, staking, or cold storage features.

Account typeAvailableMain features
Demo accountUnlimited virtual trading, supports all real account types, ideal for practice
Standard account$100 min deposit, variable spreads from 0.5 pips, all asset classes
Raw ECN account$1,000 min deposit, 0.0 pip spreads, $6 commission, fast execution, for active/pro traders
Islamic accountSwap-free on request, no rollover interest, suitable for clients of Islamic faith
Professional accountECN, Zero Spread, higher leverages and deposit, advanced execution
CFD accountAll live accounts can trade CFDs on forex, stocks, indices, metals, crypto
Classic securities accountNot available; direct stocks/ETFs not offered, only CFDs
Staking/earn accountNot available; no yield/staking or DeFi features for crypto
Cold storage accountNot available; crypto trading is CFDs only, no direct or offline wallet services
Tax-advantaged accountNot available; no RRSP, TFSA, or other tax wrappers for Canadian users
Accepted base currenciesUSD, EUR, GBP, crypto (account choice may vary by platform and funding method)
Account types, availability, and main features.
Demo account
Available
Main features
Unlimited virtual trading, supports all real account types, ideal for practice
Standard account
Available
Main features
$100 min deposit, variable spreads from 0.5 pips, all asset classes
Raw ECN account
Available
Main features
$1,000 min deposit, 0.0 pip spreads, $6 commission, fast execution, for active/pro traders
Islamic account
Available
Main features
Swap-free on request, no rollover interest, suitable for clients of Islamic faith
Professional account
Available
Main features
ECN, Zero Spread, higher leverages and deposit, advanced execution
CFD account
Available
Main features
All live accounts can trade CFDs on forex, stocks, indices, metals, crypto
Classic securities account
Available
Main features
Not available; direct stocks/ETFs not offered, only CFDs
Staking/earn account
Available
Main features
Not available; no yield/staking or DeFi features for crypto
Cold storage account
Available
Main features
Not available; crypto trading is CFDs only, no direct or offline wallet services
Tax-advantaged account
Available
Main features
Not available; no RRSP, TFSA, or other tax wrappers for Canadian users
Accepted base currencies
Available
Main features
USD, EUR, GBP, crypto (account choice may vary by platform and funding method)
Account types, availability, and main features.
icon

Tip

If you’re an active trader seeking the tightest spreads, the ECN or Zero Spread accounts are best—but always compare the commission structure and volume discounts. For beginners or low-risk testing, the Cent or Demo accounts let you explore FBS features with minimal capital at stake.

Customer reviews

FBS has an overall Trustpilot rating of 4.0 out of 5, based on 5,731 reviews. Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :

  • Easy account opening and wide range of account types
  • Responsive, 24/7 customer support available in multiple languages
  • Fast deposit and withdrawal processing
  • User-friendly mobile and web platforms
  • Copy trading feature for beginners

En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :

  • Spreads can widen significantly during high market volatility
  • Limited choice of assets compared to some competitors
  • Occasional technical glitches with the trading app
  • No direct trading of real stocks or ETFs—CFDs only
  • Lack of advanced analytics and charting for professional users

Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :

A.H. – 06/05/2024 : “Great support and excellent timely feedback. The tools are great as well but consider adding a volume indicator it would make the app complete.”

L.P. – 23/04/2024 : “The platform is user-friendly and withdrawals are processed quickly. However, spreads can be higher during volatile periods.”

J.K. – 05/03/2024 : “I appreciate the copy trading feature, but wish there were more assets to choose from.”

FAQ

Is FBS regulated in CA?

FBS is not directly regulated in Canada and does not hold licenses from Canadian authorities such as IIROC or OSC. Canadian residents are served through the international entity, which is registered offshore and regulated by the IFSC in Belize.

What is the minimum deposit on FBS?

The minimum deposit on FBS varies by account type. For Cent and Crypto accounts, it is just $1 USD, while Standard accounts require $100 USD, Micro accounts $5 USD, Zero Spread accounts $500 USD, and ECN accounts $1,000 USD. Always confirm availability for Canadian residents.

Does FBS offer a welcome bonus?

FBS sometimes provides welcome bonuses, promotional contests, or trading credits on certain account types. However, eligibility depends on region and is subject to change, so it’s best to check the FBS promotions page for updates valid for Canadian users.

How does leverage work on FBS?

Leverage on FBS can go as high as 1:3000 for forex, though limits vary by account type and asset class. Indices and commodities typically allow up to 1:500, while cryptocurrencies are capped at 1:5. Canadian users should be cautious with high leverage due to increased risk.

How does FBS make money?

FBS earns revenue through spreads and commissions on trades. Standard accounts pay spreads starting from 0.5 pips, while zero spread and ECN accounts charge commissions. Some withdrawal methods may incur small fees, and currency conversion costs may also apply.

Who is behind FBS?

FBS is an international brokerage brand founded in 2009. It operates under several entities, with the main company regulated in Belize and Cyprus for different markets. The team consists of experienced finance and technology professionals but is not headquartered in Canada.

When was FBS launched?

FBS was established in 2009 and has since expanded to offer services worldwide, supporting millions of clients across numerous countries, including Canada via its international entity.

Does FBS offer copy trading or social trading?

Yes, FBS supports copy trading via its FBS CopyTrade app. This allows users to follow and automatically copy the trades of professional traders, with performance-based fees set by the trader being copied.

How can I contact FBS’s customer service?

You can reach FBS customer service through live chat (available 24/7), email at [email protected], or via their international website. Phone support may not be available for Canadian users, but online support channels are fully accessible.

Does FBS offer any promotions or referral programs?

FBS frequently offers trading contests, deposit bonuses, and referral programs. Availability and conditions of these promotions can change and may vary for Canadian clients, so checking the FBS website for current offers is recommended.

Does FBS provide insurance or proof-of-reserve for customer funds?

FBS does not offer Canadian-specific insurance or publish proof-of-reserve attestations. While client funds are segregated as per regulatory requirements in Belize or Cyprus, there is no equivalent to Canadian investor protection schemes.

Is FBS regulated in CA?

FBS is not directly regulated in Canada and does not hold licenses from Canadian authorities such as IIROC or OSC. Canadian residents are served through the international entity, which is registered offshore and regulated by the IFSC in Belize.

What is the minimum deposit on FBS?

The minimum deposit on FBS varies by account type. For Cent and Crypto accounts, it is just $1 USD, while Standard accounts require $100 USD, Micro accounts $5 USD, Zero Spread accounts $500 USD, and ECN accounts $1,000 USD. Always confirm availability for Canadian residents.

Does FBS offer a welcome bonus?

FBS sometimes provides welcome bonuses, promotional contests, or trading credits on certain account types. However, eligibility depends on region and is subject to change, so it’s best to check the FBS promotions page for updates valid for Canadian users.

How does leverage work on FBS?

Leverage on FBS can go as high as 1:3000 for forex, though limits vary by account type and asset class. Indices and commodities typically allow up to 1:500, while cryptocurrencies are capped at 1:5. Canadian users should be cautious with high leverage due to increased risk.

How does FBS make money?

FBS earns revenue through spreads and commissions on trades. Standard accounts pay spreads starting from 0.5 pips, while zero spread and ECN accounts charge commissions. Some withdrawal methods may incur small fees, and currency conversion costs may also apply.

Who is behind FBS?

FBS is an international brokerage brand founded in 2009. It operates under several entities, with the main company regulated in Belize and Cyprus for different markets. The team consists of experienced finance and technology professionals but is not headquartered in Canada.

When was FBS launched?

FBS was established in 2009 and has since expanded to offer services worldwide, supporting millions of clients across numerous countries, including Canada via its international entity.

Does FBS offer copy trading or social trading?

Yes, FBS supports copy trading via its FBS CopyTrade app. This allows users to follow and automatically copy the trades of professional traders, with performance-based fees set by the trader being copied.

How can I contact FBS’s customer service?

You can reach FBS customer service through live chat (available 24/7), email at [email protected], or via their international website. Phone support may not be available for Canadian users, but online support channels are fully accessible.

Does FBS offer any promotions or referral programs?

FBS frequently offers trading contests, deposit bonuses, and referral programs. Availability and conditions of these promotions can change and may vary for Canadian clients, so checking the FBS website for current offers is recommended.

Does FBS provide insurance or proof-of-reserve for customer funds?

FBS does not offer Canadian-specific insurance or publish proof-of-reserve attestations. While client funds are segregated as per regulatory requirements in Belize or Cyprus, there is no equivalent to Canadian investor protection schemes.

P. Laurore
P. Laurore
Finance expert
HelloSafe
Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.

Ask a question, an expert will answer

X
Invest with our partner Eightcap !