FBS is a global CFD broker founded in 2009. It is regulated by multiple financial authorities globally, including the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), the International Financial Services Commission of Belize (IFSC) and the Financial Sector Conduct Authority (FSCA)
- Well regulated
- Good customer service support
- Well-developed platforms
- Innovative
- Not available in some countries
- No social and copy trading
FBS review
FBS is a global CFD broker founded in 2009. It is regulated by multiple financial authorities globally, including the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), the International Financial Services Commission of Belize (IFSC) and the Financial Sector Conduct Authority (FSCA)
The services provided by the broker differ slightly depending on the legal entity you open an account with. In this review, we focus on the services provided under CySEC, but highlight relevant information for the other legal entities.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FBS pros and cons
FBS has low stock and stock index CFD fees and charges no inactivity fee. The account opening process is fast and simple, while deposits and withdrawals are free of charge and user-friendly. The customer service and education materials are excellent.
On the negative side, FBS has a limited product portfolio covering only CFDs. There are only a few account base currencies, and there is no investor protection for non-EU clients.
