FBS review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
FBS suits beginners who want to trade forex, metals and CFDs with no monthly or inactivity charge. Balances sit under the Cyprus Securities and Exchange Commission, with investor protection listed as EU ICS up to EUR 20,000, and the entry deposit of $5 sits mid table on our data.
Key facts
- Best for
- A low cost trading account for beginners in forex, metals and CFDs.
- Minimum deposit
- $5↗
- Stock trade fee
- $0↗
- Account fee
- $0↗
- Inactivity fee
- $0↗
- Markets
- Stocks, ETFs, Forex, CFDs, Metals↗
- Regulators
- Cyprus Securities and Exchange Commission↗
- Investor protection
- EU ICS up to EUR 20,000↗
- Retail accounts that lose money
- 66.43%↗
- EUR/USD spread
- 0.5%↗
- Deposit and withdrawal fees
- Free↗
- Platforms
- MetaTrader 4, MetaTrader 5↗
- Legal entity
- Tradestone Limited↗
- Headquarters
- Cyprus↗
- Founded
- 2009↗
- Support channels
- Email, Phone, Help-centre↗
- Features
- Demo account, Mobile app
- Pricing model
- Commission-free
- Audience
- Beginners
- Official website
- fbs.com
Facts checked September 26, 2026, 3 sources
Apps and profiles
- Get the app
- Google Play
- Elsewhere
- WikidataTrustpilotWikipedia
Pros and cons
Pros
- Account fee of $0 and inactivity fee of $0 mean no monthly or dormant account charge, the positions of 1 and 1 in our rankings
- Stock trade fee of $0 puts FBS at 1 of 166 brands on our data
- Deposits and withdrawals are free, so moving money in and out adds nothing to the cost of a trade
- A minimum deposit of $5 keeps the entry point low, sitting alongside the free deposit and withdrawal terms
- Regulated by the Cyprus Securities and Exchange Commission, with investor protection listed as EU ICS up to EUR 20,000
Cons
- The 0.5% spread is the main ongoing cost, set against a tracked broker median of 0.25% for dealing
- Investor protection is listed as EU ICS up to EUR 20,000, so balances above that ceiling are not covered by the scheme
- The minimum deposit of $5 ranks 94 of 218 brands, so it is not the lowest entry point on our data
- Commission free dealing with a 0.5% spread means the spread carries the whole cost, unlike a broker that takes a separate dealing charge
Who it suits
- Beginners opening a first trading account, the audience FBS is built for
- Forex and metals traders who keep positions open and pay nothing for holding or dealing
- Traders who want shares, ETFs, currency, CFDs and metals in one account rather than a provider for each
Who should look elsewhere
- Traders who want to start from a lower entry point than $5, since CFI asks for a minimum deposit of $0
- Anyone whose balance sits well above EU ICS up to EUR 20,000, because the EU scheme stops at that ceiling, a different position from Fiesta Credito MX under CONDUSEF
Fees and FX
The account fee is $0 and the inactivity fee is $0, so there is nothing to pay for keeping the account open and nothing for leaving it dormant. Stock trades cost $0, and deposits and withdrawals are free. The minimum deposit is $5. That leaves the 0.5% euro against US dollar spread as the running cost. With no separate dealing commission, the spread is the whole bill on a currency or metals position, and a wider spread costs more on every entry and exit. It is the figure to weigh before sizing a trade, because nothing else on the list adds to the cost of moving money in and out.
Markets and platforms
FBS covers stocks, etfs and forex, which spans shares and ETFs alongside the forex, CFD and metals activity the broker is known for. That mix suits a trader who wants currencies and precious metals in the same account as listed companies and funds tracking them. Stocks and ETFs bring the long term holding side, while forex, CFDs and metals are the leveraged side of the same balance. The platform list is MetaTrader 4 and MetaTrader 5. Both belong to the same charting and order handling family, with the older build and the newer one available, so a chart set up on one carries across. There is no separate web platform in the list, so the MetaTrader builds carry day to day trading.
How it compares on our data
On account fee, FBS sits at 1 of 142 brands we track. On inactivity fee it is 1 of 56. Stock trade fee places it at 1 of 166. The minimum deposit is where the ranking turns. FBS sits at 94 of 218, which places it in the lower part of the list rather than at the low end. Read together, the picture is a broker strong on what it does not charge and mid table on what it asks you to start with. Readers who weigh the entry deposit most should look past the fee lines to the deposit rank.
How FBS compares
9.1 vs 9.4
9.1 vs 8.7
9.1 vs 8.3
9.1 vs 8.5
9.1 vs 9.4
9.1 vs 9.3
9.1 vs 8.7
9.1 vs 9.2
9.1 vs 8.7
9.1 vs 8.6
9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.0
9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.1
9.1 vs 9.0
9.1 vs 9.0
9.1 vs 9.0
9.1 vs 9.0
9.1 vs 8.8
Where FBS is available
- Available
- Everywhere except United States
- Licence in Cyprus
- Cyprus Securities and Exchange Commission (331/17), checked September 26, 2026
Frequently asked questions
What does it cost to keep an FBS account open?+
Nothing monthly. The account fee is $0 and the inactivity fee is $0, so an account that sits untouched still costs nothing to hold, and there is no reason to close and reopen. On our data that places FBS at 1 for account fee and 1 for inactivity fee.
What does it cost to buy a stock through FBS?+
A stock trade costs $0, which puts FBS at 1 of 166 brands on our data. The dealing model is commission free, so a currency or metals position still costs through the spread rather than a dealing charge, while listed share and ETF trades carry no separate commission.
How much money do I need to open an FBS account?+
The minimum deposit is $5, and deposits themselves are free. On our rankings that entry point sits at 94 of 218, so it is a low barrier without being the lowest of the brands we track. Read it as the opening floor for a first deposit rather than a monthly commitment, since the account fee is $0.
Who regulates FBS and what protection does that give me?+
FBS is regulated by the Cyprus Securities and Exchange Commission, and the legal entity behind the account is Tradestone Limited. Investor protection is listed as EU ICS up to EUR 20,000, so check that ceiling against the balance you plan to hold before you fund the account.
What share of FBS retail accounts lose money?+
The published figure is 66.43% of retail accounts. For context the median across the brokers we track is 70.15%, so a low fee account does not shift the odds on a leveraged position. That share applies to retail accounts, and investor compensation does not offset trading losses.
Which markets and platforms can I use on FBS?+
FBS covers stocks, etfs and forex, and the platforms are MetaTrader 4 and MetaTrader 5. A demo account and a mobile app sit alongside them, so a position can be practised and checked away from a desktop. Both charting builds come from the same family, which keeps a chart set up on one working on the other.
How do I get contact from FBS if something goes wrong?+
Support runs on email, phone and help centre, which covers email, phone and a help centre, so a blocked withdrawal or a disputed trade has several routes in. With an inactivity fee of $0, an account used only occasionally stays open at no cost while the query is sorted out.
Who is the FBS account built for?+
The stated audience is beginners, and the platform list of MetaTrader 4 and MetaTrader 5 with a demo account and a mobile app supports that. Markets run stocks, etfs and forex, so a first account can hold a small share or ETF position next to a currency trade rather than needing a second provider.
Sources
- en.wikipedia.org/wiki/FBS_(brokerage) checked September 26, 2026
Backs: Founded
“established in 2009”
- fbs.eu checked September 26, 2026
Backs: Headquarters, Investor protection, Legal entity, Markets, Regulators, Retail accounts that lose money, Support channels, Licences
“Limassol, Cyprus”
- investing.com/brokers/reviews/fbs checked September 26, 2026
Backs: Account fee, Audience, Deposit and withdrawal fees, EUR/USD spread, Features, Inactivity fee, Minimum deposit, Pricing model, Platforms, Stock trade fee
“no account maintenance fees”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.