Our FBS broker review takes a closer look at the features, benefits, and drawbacks of this broker to help you make an informed decision about whether it's the right choice for you.
What Is FBS Broker?
FBS Broker is a popular online trading platform that offers a range of financial instruments, including forex, stocks, and commodities. With a presence in over 190 countries including South Africa, FBS has become a well-known name in the world of online trading.
FBS is a fully regulated and award-winning international forex and CFD broker established in 2009 with headquarters in Belize and regional offices in Cyprus and the Marshall Islands.
The broker brings transparent conditions for trading and boasts of over 27 million happy clients. FBS is locally regulated under the FSCA.
FBS Broker Review At A Glance
| 🏅 Broker's Name | FBS |
| ⚖ Ummiselo | CySEC, ASIC, IFSC, FSCA, |
| 📅 Unyaka wokusekwa | 2009 |
| 💳 Ubuncinci bediphozithi | $1 for the cent Account & Standard Account, $200 Pro Spread Account |
| 🏋️♂️ Maximum Leverage | 1: 3000 |
| ☪ Iakhawunti yamaSilamsi? | $1 for the cent Account & Standard Account, $200 Pro Spread Account |
| 💹 Iintlobo zee-asethi ezithengisiweyo | Forex, imveliso, iibhondi, izabelo, iindices, stocks, CFDs, metals, energy |
| 🧾 Supported lot sizes | 0.01 - 500 |
| 🎮 Iakhawunti yeedemo | ✔ Ewe |
| 🗣 Languages supported on Website | Deutsch, English, Español, Français,Italiano, Português |
| 💸 Payment methods | iNeteller; Stickpay; Skrill; Imali epheleleyo |
| 💹 Is scalping allowed? | ✔ Ewe |
| ♻ Are multiple accounts supported | ✔ Ewe |
| 📂 Ngaba iPAMM iyaxhaswa | Hayi |
| ⏬ Ngaba iCopyTrader iyaxhaswa? | ✔ Ewe |
Is FBS Safe or Scam?
FBS is a safe, credible and trustworthy forex broker that has a high trust score of 90 out of 99. Through transparent client relations and its comprehensive 24/7 support team, FBS has built a steadfast reputation for reliability.
FBS is regulated by CySEC, ASIC, IFSA, kunye neFSCA and it has negative balance protection making it a safe broker.
Iintlobo zeAkhawunti yeFBS
This FBS review found that the broker offers 3 account types to suit the needs of different traders.
Iintlobo zeakhawunti yeFBS ukukhetha kwi:
- FBS Iakhawunti yeCent - ibhalansi ibonakalisa iisenti, inika abahwebi indawo yokurhweba enobungozi obuphantsi
- FBS akhawunti Standard - ibonelela abarhwebi ngamava orhwebo emveli kunye nesiqhelo
- Iakhawunti yeFBS Pro – Ultimate account for large orders and algo trading by expert traders.
FBS Cent Anditsho
This FBS broker review found that this account perfectly suits wabaqalayo who want to risk low amounts and test strategies.
| 📊 Account Type | Iakhawunti ye-FBS Cent |
| 💳 Ubuncinci bediphozithi | $1 / R 16 ZAR |
| 💸 Floating spreads | Ukusuka kwi-1 pip |
| 💹 Commission | Zero-ikhomishini yorhwebo |
| 🏋🏾♀️ Leverage | 1:1000 |
| 📱 Amaqonga | MT4, MT5 |
| 🚀 odola imiqulu | ukusuka 0.01 ukuya 1000 cent amaqashiso, kunye 0.01 inyathelo |
| 🧾 Market execution | ukusuka kwimizuzwana eyi-0.3, ukuqhubekeka ngokuthe tye (STP) |
| ☪ Conversion option | Iyafumaneka ukuze iguqulelwe kwiAkhawunti yamaSilamsi |
You can compare the FBS Cent account with the HFM Cent account.
Iakhawunti yoMgangatho weFBS
This FBS account type is an ideal choice for traders of all levels seeking optimal conditions.
| 📊 Account Type | Iakhawunti yoMgangatho weFBS |
| 💳 Ubuncinci bediphozithi | $1 / R 16 ZAR |
| 💸 Floating spreads | Ukusuka kwi-0.7 pips |
| 💹 Commission | Zero-ikhomishini yorhwebo |
| 🏋🏾♀️ Leverage | 1:3000 |
| 📱 Amaqonga | MT4, MT5, FBS Trader |
| 🚀 odola imiqulu | ukusuka 0.01 ukuya 500 amaqashiso, nge 0.01 inyathelo |
| 🧾 Market execution | ukusuka kwimizuzwana eyi-0.3, ukuqhubekeka ngokuthe tye (STP) |
| ☪ Conversion option | Iyafumaneka ukuze iguqulelwe kwiAkhawunti yamaSilamsi |
Iakhawunti yeFBS Pro
This FBS broker review found that the FBS pro account is perfect for expert traders who want to place large orders and use algo trading.
| 📊 Account Type | Iakhawunti yeFBS Pro |
| 💳 Ubuncinci bediphozithi | $1000 / R 16 000 ZAR |
| 💸 Floating spreads | Ukusuka kwi-0.5 pips |
| 💹 Commission | ❌ Commission-free trading |
| 🏋🏾♀️ Leverage | 1:2000 |
| 📱 Amaqonga | MT4, MT5 |
| 🚀 odola imiqulu | ukusuka 0.01 ukuya 500 amaqashiso, nge 0.01 inyathelo |
| 🧾 Market execution | ukusuka kwimizuzwana eyi-0.3, ukuqhubekeka ngokuthe tye (STP) |
| ☪ Conversion option | Iyafumaneka ukuze iguqulelwe kwiAkhawunti yamaSilamsi |
You can compare the FBS Pro Account vs the HFM Pro account.
This FBS broker review found that the broker recently scrapped other accounts it used to offer namely:
- Iakhawunti ye-FBS Crypto
- FBS ECN account
- FBS Zero Spread account
- Iakhawunti yeFBS Micro
New traders will not be able to open these types of accounts anymore.
How To Open An FBS Trading Account: Step-By-Step
Uphononongo lwethu lomthengisi we-FBS lufumanise ukuba inkqubo yokuvula iakhawunti ye-FBS ilula kwaye ithe ngqo.
Ixesha elifunekayo: imizuzu 5
Landela la manyathelo alula ukuvula iakhawunti yorhwebo kunye nomthengisi weFBS
- Tyelela Iphepha le-Akhawunti ye-FBS lokubhalisa
Yiya kwi Iphepha lobhaliso lwe-akhawunti yokwenyani le-FBS kwaye ucofe ku "Vula i-akhawunti” iqhosha kwikona ephezulu ngasekunene yewebhusayithi.
- Faka iinkcukacha zakho
Enter your valid email and full name. Make sure to check that the data is correct; it will be needed for verification and a smooth withdrawal process. Then click on “Bhalisa njengoMrhwebi"Iqhosha.
Ungabhalisa nakwimithombo yeendaba zentlalo kodwa asikukhuthazi ukuba ngaphandle kokuba ezi ndawo zonxibelelwano zinegama lakho elipheleleyo njengoko livela kwisazisi sakho. - Qinisekisa i-imeyile yakho
An email confirmation link will be sent to your email address. Make sure you open the link in the same browser as your open Personal Area. The system will generate a temporary password. You can continue using it, but we recommend that you change it for enhanced security.
- Choose your FBS Account type
As soon as your email address is confirmed, you will be able to open your first FBS real or demo trading account.
You will need to choose an account type as FBS offers a variety of accounts.
Ukuba ungumntu omtsha, khetha i pesenti or akhawunti encinci ukurhweba ngeemali ezincinci njengoko usiya ukwazi imarike.
Ukuba sele unamava okurhweba kwi-Forex, unokufuna ukukhetha umgangatho, zero ukusasazeka or ecn akhawunti - Khuphela iqonga elisebenzela isixhobo sakho
This FBS review found that the broker offers MT4, MT5 and FBS trader platforms for trading. Choose your preferred platform and download it
- Gcina ulwazi lwakho lokungena
Uya kubona ulwazi lweakhawunti yakho luboniswe emva kokukhuphela iqonga lakho.
Qinisekisa ukuba uyalugcina olu lwazi kwaye ulugcine kwindawo ekhuselekileyo.
Qaphela ukuba kuya kufuneka ufake inombolo ye-akhawunti yakho (i-MetaTrader login), i-password yokuthengisa (i-password ye-MetaTrader), kunye nomncedisi we-MetaTrader kwi-MetaTrader4 okanye i-MetaTrader5 ukuqala ukurhweba.
Emva kokwenza la manyathelo ubuya kwenza ngempumelelo i-akhawunti yakho ye-FBS ephilayo.
Uphononongo lokuSasaza kweFBS
This FBS broker review found that you have the option to either trade with a spread starting from 1 pip or be offered one with a tight spread. The typical spread on the Standard account for the EUR/USD pair is 0.9, and on the Cent Account, the EUR/USD spread is 3 pips.
Imirhumo yoRhwebo ye-FBS
FBS charges overnight rollover fees (swap-free is available) and a cancellation fee of €5 for transactions that have taken advantage of price latency. Accounts dormant for 180 days are charged a €5 monthly fee.
Ezi ntlawulo ze-FBS zikhuphisana kakhulu kwaye zinomtsalane kubarhwebi.
FBS Ubuncinane bediphozithi
This FBS review found that the broker offers a minimum deposit of just $1 / R16 on all its accounts except the Pro account which has a minimum deposit of $1000 /R16 000.
This makes the broker easily accessible for local South African beginner traders who can start without risking a lot of money.
FBS Minimum Withdrawal
The minimum withdrawal via e-wallets Perfectmoney & Skrill is $1 / R16 whole Sticpay has a minimum of $3 /R48.
Withdrawals via Bitcoin have a minimum requirement of $20
FBS Deposit & Withdrawal Methods
Uphononongo lwethu lwe-FBS lufumanise ukuba iindlela ezininzi zediphozithi kunye nokurhoxiswa ziyafumaneka kubandakanya, iVisa, kunye neenkqubo zokuhlawula ngombane, ezinje ngeSkrill, iNeteller kunye PerfectMoney. Unako kwakhona ukufaka kunye nokukhupha ngeBitcoin.
Deposits are instant and no FBS does not charge for deposits except for Sticpay which charges a 2.5% and an additional $0.30 / R 4.80 ZAR commission.
Fbs Withdrawal Review
How long does FBS withdrawal take in South Africa?
Withdrawals from FBS in South Africa via ii-wallets like Skrill and Perfectmoney take ukuya kuthi ga kwimizuzu eli-30. Ukutsalwa kwemali nge credit okanye debit cards kuthatha 3-4 iintsuku zokusebenza.
FBS Withdrawal Fees: How much is it to withdraw from FBS?
Our FBS review found that the broker charges withdrawal fees as follows:
| 💳 Withdrawal fees – I-Credit / Debit Card | $1 / R 16 ZAR commission |
| 📉 Withdrawal fees –Neteller | 2% with a minimum commission of $1 / R 16 ZAR and a maximum of $30 / R 480 ZAR. |
| 📈 Withdrawal fees –Stickpay | 2.5% along with a commission of $0.30 /R 4.80 ZAR. |
| 📊 Withdrawal fees –Skrill | 1% along with a $0.32 / R 5.12 ZAR commission. |
| 💰 Withdrawal fees –Imali epheleleyo | 0.50% commission. |
Iiplatform zeFBS
FBS offers the MT4 and MT5 platforms. This includes desktop, mobile and web versions. FBS also offers its own proprietary trading platform, FBS Trader.
Uphononongo loRhwebo lweFbs: Ii-Asethi zokurhweba
Iqela lethu le-FBS lokuphonononga urhwebo lifumanise ukuba abathengi banokufikelela kuluhlu olubanzi lwee-asethi zokurhweba kubandakanya:
- Forex – 28 izibini eziqhelekileyo kunye 16 exotics
- Metals – iintsimbi ezine zexabiso
- Amandla – WTI kunye Brent oyile ekrwada
- Izabelo (kwihlabathi kuphela) – 40 US, 30 UK, kunye 30 inkampani German izabelo
- Indice – a long list of cash-based indexes including the NASDAQ
- Cryptocurrency -Ukurhweba ngeCrypto kufumaneka ngeFBS Trader app kunye newebhu esekwe kwindawo yoBuntu. I-Cryptos inokuthengiswa ngokuthe ngqo kwaye kuluhlu lwezibini ze-35 - i-crypto / crypto okanye i-crypto / fiat, njenge-BTC / USD kunye ne-LTC / USD
Uphononongo lweFBS: Inkxaso yabaThengi
This FBS review found that the broker has exceptional support. You will find FBS Customer Support available 24/7 accessible either through live chat, international phone lines, email or even social media.
Definitely, FBS stands at a quality support level which is always good and necessary throughout your trading process. FBS gives relevant and fast answers to concerns and questions and is marketed as a client-oriented broker.
Amaxesha eempendulo zeFBS:
| Ijelo lenkxaso | Ixesha eliqhelekileyo lokuPhendula | User Based Response time |
| 📲 Phone | Imizuzu embalwa | Instant to a few minutes |
| iiyure 24 | Within a few hours or less | |
| 🗣 Live chat | Iyure | Instant to a few minutes |
| 💻 Social Media | Imizuzu embalwa | Instant to a few minutes |
| 💰 umanyaniso | Imizuzu embalwa | Within a few hours or less |
Uphononongo lweFBS: Imfundo
Nazi izixhobo zemfundo ezininzi kunye neenkqubo ezibonelelwa yi-FBS nayo eyilelwe ukukhulisa amandla okurhweba kubathengi bayo.
Eli lelona nqaku lilungileyo kubarhwebi abasaqalayo, njengoko okokuqala kufuneka uqonde ishishini kakuhle, isicwangciso sokuziqhelanisa ngeAkhawunti yeDemo, efumaneka ngokungenasiphelo kwaye emva koko ilandele ngokurhweba ngokuPhila.
At the FBS learning centre, you will find a range of Webinars, Forex Guidebooks, numerous Tips for traders, Video Lessons with Glossary materials. All in all, FBS education is quite sustainable and well organized, also you will find other good tools including research and analysis very important at any step of the trading career.
FBS Review: Pros & Cons
👍🏾eziluncedo
- Idipozithi encinci
- Ilawulwa kakuhle
- Uluhlu lweentlobo zeakhawunti
- Izinto ezahlukeneyo zokufunda
- Inkxaso yomthengi ophendulayo
- Oluxhathisayo ukuya 1: 3000
- Ivula ibhonasi
- free ukhuphiswano lwedemo
👎🏾Cons
- Hayi Zar akhawunti
- Akukho nkonzo kubathengi abavela e-USA, UK, Japan, Israel, Canada
- Ayinikezi ikopi yokuhambisa
Jonga iindlela ezizezinye ze-FBS
Uphononongo lweFBS: Isiphelo
Our FBS trading review has shown that this is a regulated and safe broker that is very competitive in terms of its trading fees. The broker is trustworthy and credible as shown by the fact that 17 million people have chosen FBS to be their broker of choice globally.
FBS represents a brokerage company, which relies on fair-trading services and brings an opportunity to every trader no matter the level of expertise or even the size of investments.
The range of account types, platforms advanced tools, and convenient customer support prove this. Trading costs are average, and there is no misunderstanding in the market that FBS is a model company as an ECN Broker.
We recommend this as one of the Abarhwebi abaphambili be forex eMzantsi Afrika.
Frequently Asked Questions On FBS Review
FBS offers an ECN account to its clients.
FBS is a credible and trustworthy forex broker that has a high trust score. The broker is by CySEC, ASIC, IFSA, kunye neFSCA
Yes, FBS accepts traders from South Africa.
Withdrawals from FBS in South Africa via ii-wallets like Skrill and Perfectmoney take ukuya kuthi ga kwimizuzu eli-30. Ukutsalwa kwemali nge credit okanye debit cards kuthatha 3-4 iintsuku zokusebenza.
Yes, FBS Broker is suitable for beginners as it offers a user-friendly trading platform and a wide range of educational resources.
Yes, FBS is regulated with the Financial Sector Conduct Authority (FSCA) as FBS Markets Pty Ltd under licence number 50885
No, FBS does not have a Zar account. You can open Zar accounts with XM, HFM, Exness & Inketho ye-Iq.
The article is very easy to scan through because of how the information is presented. As someone who has used the broker, it is mostly accurate. However, there are a few things that have changed since. For instance, there is no copy trading service on the platform anymore.
Thanks for that. I will update the article soon.