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FBS

Low Minimum Deposit

⭐ 4.2/5

Open account at FBS
Founded
2009
Min deposit
$5
Spread from
0.5 pips
Max leverage
1:3000
Regulated by
CySEC (Cyprus), IFSC (Belize)

Trading platforms: MetaTrader 4, MetaTrader 5

Pros

  • Very low minimum deposit, accessible to new traders
  • Extremely high maximum leverage available on offshore accounts
  • Simple account structure, easy to get started

Cons

  • Very high leverage increases risk for inexperienced traders
  • Standard account spreads are wider than ECN-focused competitors

FBS is a retail forex broker with a strong presence across Asia, known for making it easy and cheap to open a first trading account.

Trading Fees

The Standard account charges through the spread with no commission, while the ECN-style Zero Spread account offers tighter pricing plus a per-lot commission for cost-conscious traders.

Should you trade with FBS?

A reasonable starting point for beginners who want a low-cost entry, though the very high available leverage means new traders should size positions carefully rather than using the maximum on offer.